Price could move in any direction but in this case i think price has a higher chance of dropping due to golds current downtrend, but we have to wait and see. if price does breakout the support trendline ,wait for a retest before entering target profit should be around 26.0000, SL should be around 27.12 and 27.18. but if price decides to move higher wait for price to breakout the flag and retest, target profit should be around 27.70
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.