Although structurally this has the makings of a bear flag, in raging bull markets (which we are clearly in) these sets ups do often result in violent breaks to the upside
I personally think we see $GOLD break to $4700 from this structure but it could be a while in the making, 6-12weeks from now?
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$GOLD forming a bear flag 👀
Local top slowly forming?
Or will this result in a break higher?
Although structurally this has the makings of a bear flag, in raging bull markets (which we are clearly in) these sets ups do often result in violent breaks to the upside
I personally think we see $GOLD break to $4700 from this structure but it could be a while in the making, 6-12weeks from now?