jackynee

Gold consolidating before breakout

Long
jackynee Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold is currently getting close too the completion of a very long consolidation, mostly leaning towards a bull flag. Im expecting one more sweep of as indicated with the green arrow before breaking the key resistance (yellow bar). It will probably take a month or three before we finally break out.
Trade active:
We are going faster too the low then expected well, i expect 1700 and then bounce within a couple of weeks
Comment:
Followed the plan pretty well. Here is a smol chart update:
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