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Flag gold daily time frame.
XAUUSD
, 1D
Long
XAUUSD: Flag gold daily time frame.

Gold converging since 2020, so awaiting a major breakout within first half of 2021.

Reversal of the recent gold bearish move.
XAUUSD
, 1D
XAUUSD: Reversal of the recent gold bearish move.

The yellow line is a good support that could end gold bearish move that started with FOMC. Since it is not a straight line it is difficult to give an exact target but approximately the target is in the 1720's or 1730's.

XAU/USD daily chart analysis.
XAUUSD
, 1D
XAUUSD: XAU/USD daily chart analysis.

Possible scenario for the high of XAU/USD during 2021.

Channel
XAUUSD
, 1D
XAUUSD: Channel

Major catalyst is needed to break this channel.

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