GOLD FORECAST

Gold is currently trading within a bearish flag pattern which may potentially end after the 3rd leg.
Thus, we have a potential trade here from 2 to 3, and then the main trade which is from 3 down to the Daily trend.
Afterwards there may be an even greater potential flag pattern form before a massive breakout lower.
1h4hbreakoutDaily ChartsFLAGGoldLONGreversalshortXAUUSD

Also on:

Disclaimer