jrebong

Waiting for Flag Breakout

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
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I have a bullish bias for gold , but I'm waiting for the flag pattern to be broken before entering.
Current prices are near support so I think price will make a turn here soon.

Comment: This broke out after sometime and I entered long. I liked how patient I was waiting for the break since if I had jumped earlier, that long wick would have triggered my stop for sure.

TP is set at the top of the range around 1909.

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