Could Gold drop further to 2314 price regions?
Having seen a bullish flag form on the daily and consolidation phases forming within the flag, the flagpole marked with a brown box projected above the flag for price action once it breaks above the flag resistance line above.
The mid of the flag provides us with an area of interest that price has to react to for clear directions of whether further uptrend or a reversal.
The mid of the flag provides us with an area of interest that price has to react to for clear directions of whether further uptrend or a reversal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.