📌 XAUUSD – Bullish Flag Pattern on the Hourly Chart
Gold completed a strong upward move last week and then entered a corrective phase forming a classic bullish flag pattern with a descending channel.
🟡 Currently, price is consolidating within the pattern boundaries. As long as it holds the support area around 3,325, the favored scenario is a continuation of the bullish trend upon an upward breakout.
🎯 Technical target after breakout: 3,419, based on the flagpole height.
📉 In case of a downside break, the scenario will be reassessed.
🔍 This analysis is for educational purposes only and not a trading recommendation.
Gold completed a strong upward move last week and then entered a corrective phase forming a classic bullish flag pattern with a descending channel.
🟡 Currently, price is consolidating within the pattern boundaries. As long as it holds the support area around 3,325, the favored scenario is a continuation of the bullish trend upon an upward breakout.
🎯 Technical target after breakout: 3,419, based on the flagpole height.
📉 In case of a downside break, the scenario will be reassessed.
🔍 This analysis is for educational purposes only and not a trading recommendation.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。