UnitedFX

Gold Bearish Flag Continuation

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD A flag pattern has formed after prices decline sharply and tend to breakout this pattern.
Gold trading lower as Dollar strength after sideways. Price may be go down to 1280 where high volume traded in November, 2017.
This level is the pole distance from bottom line of flag pattern.

If the pattern breakout fallen with high volume;
XAUUSD
Sell stop @ 1308
Target @ 1280
Cut @ 1315

Take care of Risk and Management
United FX Trading Class

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