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  • Trade Gold – Cup & Handle Strategy – Part 1

Trade Gold – Cup & Handle Strategy – Part 1

Trade Gold – Cup & Handle Strategy – Part 1

Gold as of the time of analysis (10.14 GMT) on the 23rd July 2020 was trading in the 1881 area. Gold is expected to be heading for the 2011 High in 1921. Additionally, what is fascinating is that the Cup and Handle formation that seemed to be maturing on the weekly chart is hinting whilst increasing the probability of a Bullish run for Gold. However, there are resistance levels that need to be paid a lot of attention to, which we will be discussing in great length in this webinar.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 33.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Read our Risk Disclosure.

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