Looks to be like a cup and handle play for Gold now. This time on the weekly time frame since April 2013 if it can clear 1560 I expect the next resistance level will be 1600. The handle is very narrow however, so a little skeptical about it.
Kommentar:
Perfect play on the cup and handle expect this to test the 1600 resistance again and then retest 1660 within the coming week.