In the above time, a cup pattern can be seen, which is also out of the descending channel or cup handle. Therefore, we have to wait for the pullback. We have to see how it can complete this pullback (external or internal).
If completed, it can grow as much as the depth of the cup (approximately 85%) in the long term.
The most important resistance for gold to smooth its upward path will be the 2125 range.
If completed, it can grow as much as the depth of the cup (approximately 85%) in the long term.
The most important resistance for gold to smooth its upward path will be the 2125 range.