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FTE1995

GOLD - UPDATE: 4H candle false break or break of flag?

CFDs on Gold (US$ / OZ) (TVC:GOLD)  
FTE1995  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Chart Patterns Trend Analysis
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0
chartpattern trendanalysis
- As shown in the chart, the current 4H candle has extended below the lower
trend-line support of the bull flag pattern
- This could be interpreted as a false break if the candle were to close back above the trend-line support
- Equally if the candle were to close below this line, then the pattern would have been broken and invalidated

THIS IS NOT TRADE ADVICE NOR A TRADE CALL
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