XAUUSD (GOLD), Consolidates in a Flag Below Decisive Resistance
Price consolidates in a flag and had demonstrated rejections at both support and resistance levels.
Potentials to go Long and Short within the short term range.
Expect to see further movements once a breakout is confirmed on either direction.
Goal:
- Sell in Resistance zone, with 90 pips as target
- Buy at support and candlestick confirmation with 120-140 pips Target
- Buy / Sell at Structure Breakout with a minimum 3RRR.
Potentials to go Long and Short within the short term range.
Expect to see further movements once a breakout is confirmed on either direction.
Goal:
- Sell in Resistance zone, with 90 pips as target
- Buy at support and candlestick confirmation with 120-140 pips Target
- Buy / Sell at Structure Breakout with a minimum 3RRR.
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