Gold : Flag

Updated
Gold is forming bullish flag pattern on chart. Volume was very high on poll and then dropped substantially in falling channel. Buying is advised only above $ 1286 with stop loss below $ 1282 for target $1295 -1298.
CMP $1284
Order cancelled
The flag pattern turned out to be consolidation pattern. It didn't give break out after 5-6 more candles. Avoid
Chart PatternsGoldTrend Analysis

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