XAUUSD - Bullish reversal flag pattern playing out
The reversal flag that I identified yesterday has broken to the upside as predicted. Price was being pinched between the descending channel (flag) and the major support trend line and finally broke out of the flag with a strong upside move. In this video I perform analysis on the pattern and the type of further price action I will need to see before I become a buyer of gold. We are not there yet but the bullish case is strengthening!
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