Gold Bull Flag Pattern

FX:XAUUSD   Gold Spot / U.S. Dollar
127 6 1
Risk 155 Pips each Position
Target 1 +275 Pips
Target 2 + 500 Pips

Related Ideas

Closed all @ 1281 , Trailing Stop loss
p/l +45 Pips
Now the price is going up in my profit zone,
I trail sl to break even.
No_more_Post No_more_Post
Thanks Lanmar for your comment,
Flat patterns do not typically have such violent corrections. The two previous consolidation areas would be considered flag patterns. Look at the intermediate term picture for gold - drfinitely not very bullish, yet.
Lanmar Lanmar
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