A Bearish Flag pattern has emerged in Gold, following a breakdown from a Triangle formation. This indicates a potential reversal of the recent uptrend, with a possible continuation of the downtrend. Key support levels are being closely watched, and a break below could confirm the bearish bias.
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.