Weekly & Monthly timefame used for GOLD.

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• its responsive move after creating an excess
  
• Flag patterns.
  

There is only one hope for the downward move which repeats the same as resistance 1700 nearby otherwise, unstoppable target 1726-1744 at value high.


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"" WEEKLY CHART ""
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Cup and Handle pattern

• bullish continuation pattern
  
• using moving average favorable
  
• found ‘U’ shape
  
  • Prediction: expected flag or pennant pattern/triangle. This should be downward sloping.
    
    Resistances:
    1) 1870
    2) 1790