was formed on 03.03 at 19:10:55 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
The Bullish Flag pattern has been formed on GOLD at M5. The lower boundary of the pattern is located at 1846.48/1845.02, while the higher boundary lies at 1848.08/1846.62. The projection of the flagpole is 410 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 1848.08 is broken, the price will move further upwards.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
