GOLD DAILY - Quick post to show you the Back-test of the Flag I was looking for in my last post, is now looking more likely. I like it when these dips find areas of confluence (multi-supports), and here we see the flag back-test coincides with the daily green 63/MA and an Ascending Triangles support band (I’ve also shown it within a Coil before too). Now there is no guarantee, just that the more reasons why price should hold a certain area the more likely it will, though it will need to overcome its blue 20/EMA also its 12/MA not shown…
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