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SHORT GOLD: Bearish flag pattern + structure
Gold Spot / U.S. Dollar
Short
SHORT GOLD: Bearish flag pattern + structure
By VasilyTrader
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Updated
Apr 26, 2019
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4
Apr 26, 2019
Gold is approaching significant structure resistance.
Price is trading inside a rising parallel channel.
Wait and sell the breakout of a flag.
T1 - 1275
T2 - 1268
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Apr 26, 2019
Note
very interesting rejection after an attempt to break the channel
Apr 27, 2019
Note
Market went higher, approaching the next resistance
We are still waiting for a breakout
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