Consolidation in a daily bearish flag before resuming the trend

FX:XAUUSD   黄金/美元
Last week gold has been traded in a tight range between 1250 and 1262 and it closes at 1251.3 (FXCM's feed is the only one which has a closed at 50). In a range, buy the bottom and sell the top.
So I will looking to add more long position above 1250$ on Gold with a SL at 1244.

Already long at 1246$ (see related ideas below), i will target 1271/72 for early days of the next week.
Gold is maybe forming a bearish flag in a daily downtrend.
There are nice projections / expansions fibo confluence of AB and CD leg targeting this area and a previous strucutre ( supply zone ) to be retested.

Invaldation : daily close below 46
交易结束:到达目标: Short 71.2
Awesome !
Great to see this. I have baby bull waiting at 1247 for Monday, this chart says we have plenty of baby bulls then not only for me.
Keep up the good work!
Thanks, pixi! You are the best in Gold forecast and analytics at TradingView. Wish you really good trades.
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