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Sunday, May 06, 2012 2:24:46 PM
Gold may be forming the "Cup" and Handle
Cup and Handle
A cup and handle chart is a bullish continuation pattern in which the upward trend has paused but will continue in an upward direction once the pattern is confirmed.
As you can see in Figure 2, this price pattern forms what looks like a cup, which is preceded by an upward trend.
Cup and Handle
A cup and handle chart is a bullish continuation pattern in which the upward trend has paused but will continue in an upward direction once the pattern is confirmed.
As you can see in Figure 2, this price pattern forms what looks like a cup, which is preceded by an upward trend.
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