Gold possible cup and handle a bullish flag with target at 1955
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Hello there, as you can see in the gold hourly chart, It is moving inside a descending channel and in case of breakout from top of the channel it will forms a bullish flag and a cup and handle insde the channel. That will give us a buying signal with targets at next important resistance above,1955. and our stop loss will be placed below the previous low at 1918.
Please note that this is not a financial advise. Do your own research Good luck and Thank you for your attention!