Goldviewfx

BULL & BEAR FLAG PATTERNS

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OANDA:XAUUSD   Gold Spot / U.S. Dollar
BULL FLAG
This pattern occurs in an uptrend to confirm further movement up. The continuation of the movement up can be measured by the size of the of pole.

BEAR FLAG
This pattern occurs in a downtrend to confirm further movement down. The continuation of the movement down can be measured by the size of the pole.

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