Gold formed a narrowed tail flag model: What will happen?
Hello intelligent and wealthy traders
Currently, on the 1-hour timeframe, gold has increased and formed a flag pattern with a break to the down, resulting in a drop in the price of the DOW. The price may return to the support level of 1835 once again before the uptrend continues.
In general, today gold has experienced a strong breakthrough, continuously raising its price with the current market price at 1850 USD, an increase of 18 USD for the day.
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Currently, on the 1-hour timeframe, gold has increased and formed a flag pattern with a break to the down, resulting in a drop in the price of the DOW. The price may return to the support level of 1835 once again before the uptrend continues.
In general, today gold has experienced a strong breakthrough, continuously raising its price with the current market price at 1850 USD, an increase of 18 USD for the day.
If you find this article interesting and useful, please leave a like and follow to receive the latest updates!
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Trade closed: target reached
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