GOLD (XAUUSD): Continuation Pattern Signals Bullish Trend
I've identified a strong bullish pattern on the hourly timeframe for 📈 Gold.
After forming a new higher high, the market entered a corrective phase within an expanding channel, known as a bullish flag pattern.
A breakout above the flag’s resistance would be a powerful trend continuation signal, highlighting buyers' dominance.
There is a high probability that the market will continue its upward momentum, potentially reaching a new all-time high. Target levels are set at 2880 / 2890.
After forming a new higher high, the market entered a corrective phase within an expanding channel, known as a bullish flag pattern.
A breakout above the flag’s resistance would be a powerful trend continuation signal, highlighting buyers' dominance.
There is a high probability that the market will continue its upward momentum, potentially reaching a new all-time high. Target levels are set at 2880 / 2890.
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