Possible Long or short on Gold

24 בינו׳

Gold has experienced a downward trend, displaying a discernible flag pattern on the 4-hour timeframe. An opportunity to enter a sell position arises when the price intersects the trendline within the flag pattern, substantiated by confirmation from lower timeframes. Alternatively, a long position may be considered if the price surpasses the trendline and the highlighted resistance zone.
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