FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Whether its the trade talks or now the threat of War expect some Gold volatility .

We have had a substantial 1000 pip move and now we are at the peak of the broken bull flag structure seen easily on the HTF. We are overdue a pull back, but so far are not showing any signs of one. If we do look for selling pressure we are likely to entice buyers at the ascending TL - the bullish move up could see us blast through 1600 - maybe 1700 - we have drawn a potential flag pole length as shown.

Comment: Gold longs broke - weekly close here is important.

Please note the sell should have clearly said 'buy'
Please follow us for more trade ideas and give our ideas a 'like' 👍 if you agree and leave us a comment.

🔹 Discord Server : https://discord.gg/v8zucnv

🔹 Website : http://www.wearebluefx.com

🔹 Instagram @wearebluefx


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out