should take time to form bear flag or triangle flag until July

too hasty to claim long term trend in short time, give it time
no bull flag, no bear flag, no triangle flag for now

so my speculation it would take time until gold form a visible flag before bearish trend continue

maybe sideway or triangle flag for long time after gold hit 1820 area
unknown would we see 185x after 1820 hit later

Yorum:

even if I draw a bull flag and 203x$ target,
don't forget, bull flag only formed if it stuck at higher low , invalidation I think if gold break 1700 support, as long 1700 support strong maybe "cross finger" we will see another bull flag and another bullish trend to 203x$

but if 1700$ support broken then it possible to see further down to 1500 zone

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Yorum:

why bear flag?
because daily with strong bearish trend often form a flag

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