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cvfxwealth

XAUUSD Bull Power - Flag Trading

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
cvfxwealth Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Supply and Demand Support and Resistance Flag XAUUSD Gold DJ FXCM Index forextrading forexideas buysignal Bullish Patterns
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supplyanddemand supportandresistance flagpattern xauusd gold usdollar forextrading forexideas buysignal bullish
XAUUSD has been consolidating what now looks to be a flag pattern. All my trading signals have been buys at this main support area, still holding strong.

RSI in buy zone
Strong Support holding
Flag formation holding

Look to enter around current price range of 1913 to 1917.

TP at top of flag around 1940 to 1950.

Good luck!

Charles V
CVFX Management
Trading made Simple
Comment:
Currently out of this trade, waiting until we have a close above resistance if we break it again.

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