$XAUUSD 1H - 3rd bearish flag pattern. Short

Gold/U.S. DollarFXCM

Description

⋅ Jul 16, 2014 4:45 PM

The hourly chart shows that another potential bearish flag pattern is emerging. My take is to take short at the breakout with a target price at 1280 levels.

Comments

SMCTRADER08

⋅ Jul 16, 2014 10:17 PM

Bullish Three Drives Emerging

TraderBino

⋅ Jul 17, 2014 2:01 AM

Good catch mate!