XAUUSD | POSSIBLE SCENERIO
GOLD yesterday took a harsh beat from top and drop towards 1901.
The gold bounced back from a strong horizontal zone and break above the falling resistance line.
Now the price has printed bullish flag pattern.
If bulls succeeded to break above the consolidation zone, we have a great upside targets.
One can buy
1) With stop loss below 1920
and
One can short
2) if bears managed to bring prices below 1920
Manage your trades accordingly.
The gold bounced back from a strong horizontal zone and break above the falling resistance line.
Now the price has printed bullish flag pattern.
If bulls succeeded to break above the consolidation zone, we have a great upside targets.
One can buy
1) With stop loss below 1920
and
One can short
2) if bears managed to bring prices below 1920
Manage your trades accordingly.
