c0dchef

GOLD FEB '21 - 4H TF - Cup & Handle

Long
MCX:GOLDG2021   GOLD FUTURES
Cup & Handle pattern forming on 4H Chart of GOLD FUTURES . BUY 51100, SL 49679, Target(s) - 51850, 52100, 52300, 52500. Cup Depth = 3249. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Trade closed: target reached: 51850 reached. So yeah, partial target, but still it went above 51850. That is where someone should have booked some of the positions or all depending on your risk mangement.