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GOLD CAN GO DOWN WITH THIS BEARISH FLAG

Short
Or / Dollar Américain (OANDA:XAUUSD)  
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OANDA:XAUUSD   Or / Dollar Américain
Trend Analysis Chart Patterns Wave Analysis Gold XAUUSD Forex
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trendanalysis chartpattern waveanalysis gold xauusd forex
Gold has broken below the trend line, signaling a bearish breakout. We now observe a bearish flag pattern, suggesting a further downward move towards the highlighted support level. It is prudent to wait patiently for a bearish flag breakout before entering short positions.

Idées en relation

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DXY POTENTIAL REVERSAL WITH A BREAKOUT
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CADJPY BREAKOUT ON RESISTANCE IDENTIFIED
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CADCHF BACK ON RESISTANCE, POSSIBLE TRIPLE TOP PATTERN
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AUDUSD BEARISH BREAKOUT ON TREND LINE
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AUDCAD TREND BREAKOUT AND CONTINUATION
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AUDCHF BULLISH CONTINUATION
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