A bullish flag has formed on the xauusd currency pair and it looks like it will be going up in the coming weeks. There is also a likely possibility for a pullback before shooting up. depending on news events during the weekend. I see price moving to between 1549-1555 before retracing and then going long again.
Disclaimer: Views made in these Analysis breakdowns are entirely only for analysis purposes and are not meant as a signal for anybody to take. Taking these analysis as a signal is at own risk. Any losses made from doing so are entirely your responsibility.
Disclaimer: Views made in these Analysis breakdowns are entirely only for analysis purposes and are not meant as a signal for anybody to take. Taking these analysis as a signal is at own risk. Any losses made from doing so are entirely your responsibility.