bourbon44
Long

Short term gold play while it makes a flag.

FX:XAUUSD   Gold / U.S. Dollar
105 0 4
Before gold             continues down with its retracement. Im looking to get long while it seemingly forms a bear flag . Entered at just over 1202 with stops beneath the recent lows. Targeting 1220.
Comment: Stop moved to BE. Price is really grinding, likely because the market continued it's up move today rather than the expected profit taking. Should move up a bit if the market recedes a bit after three straight positive days.
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