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Gold hits its 4120-upside target

Gold achieves its cup and handle target at 4120

Gold has rallied to achieve the log scale chart target for its 12.5-year cup and handle at 4120.


Chart 1: Gold: Daily log scale chart


Tactical risk management levels: 4024-4022 (Gold 4K) and 3941

Yesterday's upside gap on gold at 4024-4022 (Gold 4K) and tactical chart support in the low 3940s offer key tactical risk management levels for gold.


Chart 2: Gold with tactical risk management levels



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