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jrebong
May 28, 2021 8:22 AM

Waiting for Flag Breakout Long

Gold/U.S. DollarFXCM

Description

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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