2 previous descending triangles with projection for gold down to 1206 and 1194 areas. Early bearish flag pattern #1 on the chart suggesting downtrend to 1208. Wait for the break out of the flag pattern and short the breakout of the flag pattern.
Trade active
Break out at 1216. OP.Price 1216 S/L: 1219 T/P:1209
Note
Target Reached!! Happy trading!
Note
Both targets were reached. Down to 1194 before the new uptrend.
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