Gold Breaks Out from 13-Year Cup & Handle Pattern
9 Mar 2024 #Gold #Silver #How
Gold cleared $2100 on Monday and closed the week up 4% to $2185. The initial measured upside targets are $2350 and $2500.
The cup and handle pattern breakout is quite visible on the weekly and monthly line charts. The breakout is a significant one not only in Gold's history but in the history of capital markets as a whole.
0:00 Intro
0:40 Weekly Line Chart
1:10 Monthly Line Chart
2:06 Historical Breakouts
3:59 Gold & Silver Daily
6:49 Miners
8:30 Summary
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