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fxdonno

XAUUSD will it break this bullish flag pattern or obey pattern?

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
fxdonno  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis
3
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trendanalysis chartpattern beyondta
gold has produced a bullish flag pattern, since yesterday it has been consolidating between the zones 2174.5 - 2187. Gold may not obey the pattern as I see bearish momentum picking up. In this situation I suggest we let gold break either way retest and then act on price action this would be the safer play.
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