GOLD patience needed until this Bull Flag targets 3080.
Gold / XAUUSD is correcting aggressively today on the 1day timeframe with the 1day RSI neutralized from previously overbought to just bullish now.
This is so far the strongest correction since the rally started on the December 18th 2024 low.
Based on those parameters, we believe that this is a Bull Flag similar to late September's.
We expect it to be completed by the end of the month.
Buy and target 3035 (the 1.236 Fibonacci extension).
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This is so far the strongest correction since the rally started on the December 18th 2024 low.
Based on those parameters, we believe that this is a Bull Flag similar to late September's.
We expect it to be completed by the end of the month.
Buy and target 3035 (the 1.236 Fibonacci extension).
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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