Gold Is In a Classic Cup and Handle Formation Targeting 1,450

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A "Cup as well as Handle" is the bullish delay pattern in an uptrend.The 'cup' is most appropriate made as the "U" as well as the broader the bottom the better. The 'handle' is the retracement when the right side of the 'cup' reaches its prior highs. The handle mostly resembles the bullish pennant.The retracement customarily does not exceed 1/3 of the advance of the crater to its second high, nonetheless it can go as low as 1/2 in
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