wakqas12

Bullish Flag Continuation Pattern in XAUAUD Pair

Long
OANDA:XAUAUD   Gold/AUD
A bullish flag continuation Pattern is observed in XAUAUD Pair in a 4-hour timeframe. The trend is bullish and due to the formation of the bullish flag pattern, can be a good point to take long positions as no divergence is found. The current bullish trend will likely continue till the projection levels that are highlighted in the chart.
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.