YMGroup

Gold can rise significantly after the price breaks the bull flag

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about GOLD chart.

As you can see in my previous gold idea, price decline from 1730 to 1680 $ and hit all our targets.

Gold look like ends local downward trend and price can show us upward correction.

Price made huge upward impulse from 1680 to 1740$.

Now now price trades in something similar to bullish flag.

And as you dont know it's bullish pattern which can push price higher.

Target zone is 1765-1775 where I plan to close my long position.

So, I'm waiting for this scenario.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit !
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