great sentiment on gold .
pattern formation that you see on this chart is a perfect opportunity to follow up trend.
after each wave occuring on markets on a daily bases it is essential for the market to be in correction afterwards.
on gold , market is continuing establishing new highs so in a great example of trend following pattern.
buying signal for us is a breakout of flag's resistance.
stop always goes below lowest point of flag.
target is based on length of flag pole