XAUUSD/Gold Flag Formation

12 בנוב׳ 2020

Xauusd is currently in a bear flag pattern amd could possibly push lower. However, given that prices have always rallied from this key level of support in recent times, it is possible we could still see Gold going long to correct the huge sells recently. Pay attention to a break and retest of this area to decide whether to short or to go long.