Gold 07.22.2019 -Bearish flag pattern in creation

Gold has been trading exactly like I expected on Friday. Our Friday’s downward target has been met in at $1.420. Since there is strong downward movement in the background and fake breakout of the 20-day high $1.440, I still see potential for more downside. Trading recommendation: Red rectangle – Resistance ($1.433) Yellow rectangle- Support 1 […]