Cup and handle pattern Gold Monthly
Cup and handle pattern is one of the most decisive patterns when we are going to identify the multibaggers stock.
It is a bullish continuation pattern that prevails a continuous bullish trend.
Cup and Handle pattern is formed in the market by following a subset of Uptrend, Consolidation in the form of a cup and handle, breakout, and then again continue with the uptrend.
In our technical analysis, you can observe cup and handle pattern shaping nicely in the monthly gold chart, and set to a target of 2550 or more…
The prices will show a comeback after hitting their lower points and in the long run prices may continue to rise.
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