Gold A descending triangle is being drawn,

Gold A descending triangle is drawn, with further breakdown of the support level
Review of previous trade:
- Gold successfully exited the triangle as expected.
- The trade worked out perfectly, bringing the expected profit.

Current Situation:
- Gold has now formed a “flag” pattern indicating the continuation of the upward movement.
- The height of the flag coincides perfectly with the strong resistance level at $2658, making this a key target.

New trade parameters:
- Entry point: on breakdown of the upper boundary of the flag.
- Target: $2658 (resistance level).
- Stop loss: hidden behind the flag boundary at $2618 to minimize risk.
- Risk/reward ratio: 1/4 - a low-risk trade with high potential return.

Recommendations:
- Wait for a confident breakdown of the flag before entering the trade.
- Control the position volume to comply with risk management rules.
- Follow market news that may affect the movement of gold.

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