rf16saun

Gold in bear flag in H1

rf16saun Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
After breaking the trendline Gold is moving in a bear flag, potential break to the downside will bring 3000 to the question and tomorrow's positive move from Fed will break this level to erase all the gain from last weeks.
Trade closed: target reached:
Boom Boom and it was $1300 not $3000

Disclaimer

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.