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b_geranis

XAUUSD forming flag in H1 near strong Supply zone

Gold Spot / U.S. Dollar (FX:XAUUSD)  
b_geranis Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Gold XAUUSD FLAG goldflagpatern flagpatternsignal
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trendanalysis chartpattern gold xauusd flag goldflagpatern flagpatternsignal
Gold is forming a flag since yesterday in the hourly time frame. The flag is close to a strong Supply zone so it could jump up to the zone or fall down as long as it breaks the flag pattern. I would wait for a strong candle signal to hit an order.
Comment:
It smashed the flag above, for 50+ pips. Now it's probably going to retest the big Supply zone.
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