The Bullish Flag pattern on Gold’s weekly chart just broke out with strong momentum ✅
After a 34% rally, Gold consolidated into a symmetrical triangle and has now continued its upward leg.
If price holds above $4,100, the next technical target could reach around $4,400+.
💡 Educational Tip:
The Bullish Flag is one of the most reliable continuation patterns — when confirmed with strong volume and weekly close above resistance, it often signals the next major impulse wave in an uptrend.
#Gold #XAUUSD #TradingView #TechnicalAnalysis #BullishFlag #PriceAction #Breakout #Forex #Commodities #SmartMoney #ElliottWave #ChartPattern #GoldAnalysis #TradeWithMy
After a 34% rally, Gold consolidated into a symmetrical triangle and has now continued its upward leg.
If price holds above $4,100, the next technical target could reach around $4,400+.
💡 Educational Tip:
The Bullish Flag is one of the most reliable continuation patterns — when confirmed with strong volume and weekly close above resistance, it often signals the next major impulse wave in an uptrend.
#Gold #XAUUSD #TradingView #TechnicalAnalysis #BullishFlag #PriceAction #Breakout #Forex #Commodities #SmartMoney #ElliottWave #ChartPattern #GoldAnalysis #TradeWithMy
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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.