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AlzyM

XAUUSD. 25pip risk for 170pip reward.

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
AlzyM  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns xauusdshort XAUUSD xauusdsell bearflags
13
0
trendanalysis chartpattern xauusdshort xauusd xauusdsell bearflags
Gold is currently in a bear flag within the bull flag on the daily and weekly chart.
Gold has rejected the top edge of the bull flag several times and once again.
We are looking to break the bear flag first before we look to break the bull flag.

TP: 1463
SL: 1482.5

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