XAU/USD bullish movement continues

٢٨ فبراير ٢٠٢١

Hi every one
Gold Spot / U.S. Dollar

as you can see the XAU/USD has formed two flag patterns one after another . the first flag has already been broken and the price has moved as much as the first flag pole (which is a normal movement!) now we have a second flag which if the price break out from this pattern upwardly we shall see that once again the price increase as much as the flag pole! there is also a hidden bullish divergence on RSI indicator which means we should listen to the price movement and of course this is a bullish signal as well!

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck.