SpilakJ

XAUUSD Fun with Flags

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
I'll wait for breakout of level 1798 for buy, if the price will continue in downtrend, there's better place for entracne into buy order on the trendline, but without the right signal it means nothing so i'll just wait for the context of that market. Whole market is into a strong uptrend since August 2018 and since August 2020 there's a flag pattern in form of a downtrend channel, everything looks good and in my opinion we can finally break throug it and continue to grow! So if i could jump into it i want to catch the best situation now on low prices. I'll share updates. See ya!
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