Cup & Handle Pattern In GOLD. Breakout can give 10000+ rally!!!

Gold Future indicating the cup and Handle Technical Pattern. According to the pattern if this gives breakout of 56200 level then expected next target upto 67150+ in long term. This pattern will fail if gold started trading below 52900. Can see gold as a good investment opportunity in this downtrend global market session.

Disclaimer: This is my personal view on the GOLD . Consider this post as an education purpose only and not any type of recommendation. Consult your financial advisor before taking any investment decision.

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