Gold Cup and Handle target estimates
Updated
Everyone is talking about gold and silver making massive Cup and Handles but I haven't seen many measured move estimates.
We are just about to touch the brim resistance with a possible consolidation before the break out and major moves up being.
Trying to estimate measured move targets give me an estimate move to 26k (+24%)before a pull back. Maybe a retest but I have doubts.
Then measuring the bowl to break out gives an estimate of 40k (+90%)
We are just about to touch the brim resistance with a possible consolidation before the break out and major moves up being.
Trying to estimate measured move targets give me an estimate move to 26k (+24%)before a pull back. Maybe a retest but I have doubts.
Then measuring the bowl to break out gives an estimate of 40k (+90%)
Note
EditFirst target value $2600, not 26k
Second target value is
4K, Not 40k.That was an error before sleep
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