sajanshrestha72

formation of bearish flag in gold.

Short
sajanshrestha72 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Good day Traders. Gold has been consolidating for some while now. With all the fundamentals and market manipulations, market is unsure about the direction. Having said that, in my opinion, the chart however is trying to make a bearish flag pattern. It is still sooner to say it for sure but my bias is shorting gold from 1987 area to at least 1936. Good luck. Not a financial advice.
Trade closed: target reached

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