JonR

A near perfect bear flag patter on XAUUSD

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Rare to find such a perfectly formed flag of any kind. This one is textbook. Dont be long paper except maybe for a final bounce to the bottom of the flag or top of this pattern. Best to just wait for confirmation to the downside then jump in with both feet.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.