Short term gold play while it makes a flag.

Before gold continues down with its retracement. Im looking to get long while it seemingly forms a bear flag. Entered at just over 1202 with stops beneath the recent lows. Targeting 1220.

Yorum:

Stop moved to BE. Price is really grinding, likely because the market continued it's up move today rather than the expected profit taking. Should move up a bit if the market recedes a bit after three straight positive days.