PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
Looking at gold we had this lovely bear flag pattern play out. Price has since formed this down channel where we have seen 1842 act as resistance and 1820 our support.

I am looking for another test of 1820 and price is near the channel so this gives us a good Risk/Reward ratio trade here

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.