OANDA:XAUUSD   Gold Spot / U.S. Dollar

Descending channel/ bullish flag pattern
  1. The flag/channel has already hit a daily demand zone/OB
  2. I will look at possible buy opportunities up to level 2090.00 if the price breaks and trades above the flag.
  3. Should the price break and trade below the flag, I will look for shorts up to level 1850.00
  4. I would later strongly go bullish when the price hits the level 1850.00
NOTE: THIS SET-UP IS NOT 100% Guaranteed winner. I will stay neutral on this pair.
Confirm with your trading style!

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