Mihai_Iacob

Gold- To flag or not to flag? (short term outlook)

OANDA:XAUUSD   골드 스팟 / 미국 달러
After a bad last week, with the price dropping around 800 pips, Gold found support above 1780 and has managed to finish the week above important 1800 figure.
The price is just under 1815-1820 zone resistance at the time of writing and looks bullish so far.
On the other hand, this rise looks flag-ish and could only be a correction to the previous drop.
Is important for bulls to maintain 1800 intact and confirmation of reversal comes with a break above 1820.
I'm bullish but cautious on the yellow metal

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.