GOLD/XAUUSD SHORT FLAG PATTERN
Updated
Here are few points i am looking for this trade
1.Gold is showing a major trend reversal setup (we had a head and shoulder pattern )
2.Flag pattern is formed and start to consolidate into (major support level )
3.Strong break out as required !(momentum bear bar )
4.Target : 2times /3times Flag pole range
1.Gold is showing a major trend reversal setup (we had a head and shoulder pattern )
2.Flag pattern is formed and start to consolidate into (major support level )
3.Strong break out as required !(momentum bear bar )
4.Target : 2times /3times Flag pole range
Comment
Carefully for this weak break out i wont take this trade myself
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