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XAUUSD: Buy at the Lower TL of the Bullish Flag

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
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FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis XAUUSD xauusdlong xauusdbuy xauusdanalysis xauusdupdates
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trendanalysis chartpattern beyondta xauusd xauusdlong xauusdbuy xauusdanalysis xauusdupdates
After a strong rally from 1461 Level, XAUUSD is now consolidating inside the Bullish Flag as I have indicated in the chart.

Based on the price action, Buy trades placed when price touches the lower TL of the Bullish Flag could be a good idea.

So, I am looking to go long at 1574-1584 with SL below 1550. TPs will be placed at 1610 and 1650 respectively.

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