GOLD XAUUSD forming Bullish Flag Daily Timeframe
Trend : Bullish
Scenario 1 : Gold break trendline Flag pattern to confirm Bullish continuation
Scenario 2 : Gold will test support demand area arround 1700 area and Fibonacci 61.8 area , before continuing bullish movement
Trading Strategy :
1. Buy on Breakout
2. Buy on weakness , at support or demand area
Good Luck :)
Trend : Bullish
Scenario 1 : Gold break trendline Flag pattern to confirm Bullish continuation
Scenario 2 : Gold will test support demand area arround 1700 area and Fibonacci 61.8 area , before continuing bullish movement
Trading Strategy :
1. Buy on Breakout
2. Buy on weakness , at support or demand area
Good Luck :)