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INVESTCADEMY_ID

XAUUSD / Gold Penant Flag possible movement to 1740 area

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
INVESTCADEMY_ID  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Flag pennantbreakout flagpennant Gold XAUUSD xauusdlong goldtrading goldidea
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trendanalysis chartpattern flagpattern pennantbreakout flagpennant gold xauusd xauusdlong goldtrading goldidea
Here is 1H chart for the possible movement of XAUUSD / GOLD

The pattern will be confirmed if XAUUSD / gold makes new high at 1718,23

The target will be proportional with the flag about 2700 -2900 (depends on the time it will breakut) point

Set loss at the lowest candle inside the flag at 1711,13

Risk Reward Ratio of 3,83 is really good
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