Price for Gold is currently sitting right above the trendline.
However, it is forming a bearish right now, so my bias is to the downside.
It has the potential to bounce up to test the top of the flag once more.
More downside is expected when the flag is broken.
However, it is forming a bearish right now, so my bias is to the downside.
It has the potential to bounce up to test the top of the flag once more.
More downside is expected when the flag is broken.
Comment:
Bearish flag