GOLD (XAUUSD): Continuation Pattern Signals Bullish Trend
I've identified a strong bullish pattern on the hourly timeframe for 📈 Gold.
After forming a new higher high, the market entered a corrective phase within an expanding channel, known as a bullish flag pattern.
A breakout above the flag’s resistance would be a powerful trend continuation signal, highlighting buyers' dominance.
There is a high probability that the market will continue its upward momentum, potentially reaching a new all-time high. Target levels are set at 2880 / 2890.
After forming a new higher high, the market entered a corrective phase within an expanding channel, known as a bullish flag pattern.
A breakout above the flag’s resistance would be a powerful trend continuation signal, highlighting buyers' dominance.
There is a high probability that the market will continue its upward momentum, potentially reaching a new all-time high. Target levels are set at 2880 / 2890.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.