GOLD Forming Flag Pattern???
hey traders!
looks like consolidation on gold proceeds.
1455 - 1460 is the area on my radar,
it looks like the market is forming a bearish flag pattern
and we can expect one more higher low formation and further consolidation within a channel.
Let's see how it unfolds this week!
good luck!
*for now, I don't have any active position on gold,
I am still looking for the reaction on the underlined area
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