Big bullish flag on XAUUSD 1H chart? Confirmed bullish breakout?

Gold/U.S. DollarFXCM

Description

⋅ Apr 16, 2020 8:25 AM

I clearly see a big Bullish Flag that has formed on the XAUUSD 1H chart with a confirmed breakout.

Will look for bullish entries once I see a clear indication.

In any case I am going to keep traders posted with updated analysis and signals.

Search for my free signals channel on Telegram to know more:

Channel name: LEGACYFX TRADING PIT

Trade active

⋅ Apr 16, 2020 11:36 AM

So far the trade is turning out to be quite a good one!

Let's keep Pushing!

t.me/LegacyFXTradingPit

Trade active

⋅ Apr 16, 2020 1:29 PM

Price retesting Bullish Flag top as a support now. Eventhough Jobless data was negative, somehow USD is still strong.

I believe we might expect a breakout from that level again.

Stay safe but trade even safer

t.me/LegacyFXTradingPit

Chart Patterns XAUUSD

Comments

MarioAnderson

⋅ Apr 16, 2020 11:57 AM

We have the US Jobless claims in 30 or so minutes.

If the report is the same like last time I expect more investors to look at Gold as a safe Heaven for their funds.

Opinions?

MarioAnderson

⋅ Apr 16, 2020 11:54 AM

So far so good! :-)

transparent-fx

⋅ Apr 16, 2020 11:11 AM

will be nice to see the development, my view