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GOLD Forming Flag Pattern???

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
VasilyTrader  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Gold Metals Commodities futures options XAUUSD XAU
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trendanalysis chartpattern waveanalysis gold metals commodities futures options xauusd xau
snapshot

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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