Gold Spot / U.S. Dollar
Short
Updated

GOLD: Bearish Flag Pattern - Reversal Lower Timeframe

767
Bearish Flag on Gold in Lower Timeframe

The bearish flag is a candlestick chart pattern that signals the extension of the downtrend once the temporary pause is finished. As a continuation pattern, the bear flag helps sellers to push the price action further lower.
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Higher Timeframe Analysis

XAU/USD in correction mode – Commerzbank
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Lower Timeframe Analysis

snapshot

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