Gold Cup and Handle target estimates
Everyone is talking about gold and silver making massive Cup and Handles but I haven't seen many measured move estimates.
We are just about to touch the brim resistance with a possible consolidation before the break out and major moves up being.
Trying to estimate measured move targets give me an estimate move to $26k (+24%)before a pull back. Maybe a retest but I have doubts.
Then measuring the bowl to break out gives an estimate of $40k (+90%)
We are just about to touch the brim resistance with a possible consolidation before the break out and major moves up being.
Trying to estimate measured move targets give me an estimate move to $26k (+24%)before a pull back. Maybe a retest but I have doubts.
Then measuring the bowl to break out gives an estimate of $40k (+90%)
First target value $2600, not $26k
Second target value is $4k, Not $40k.
That was an error before sleep