OANDA:XAUUSD   Gold Spot / U.S. Dollar
As we can see gold has created a bullish flag and has consolidated over a month.
Sellers have tried numerous tines to push gold down but have failed as the bulls have rallied upwards.
At The Moment, Price has currently showing selling rejection and many wicks are being created.
An Entry now would be a very aggressive entry, ideally wait for the main flag to break and then enter.
1800 is the long term goal but we could see 1900 (All time high)

Comments

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From A FAN...
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Any upcoming news is influential enough and could possibly interfere with the pattern?
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Interesting analysis, keep it up
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