CarpBuro

GOLD moving in a bearish flag

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COMEX_DL:GC1!   Фьючерсы на золото
On a 1-hour timeframe, we are currently in a bearish flag pattern. The green box represents a significant resistance line, so trade caution if you are considering opening long positions. Additionally, there is a decrease in trading volumes, which is also term for short move.

The trading setup may involve entering the market within the flag pattern, considering both support and resistance lines, and utilizing the Williams Alligator angles, preferably on the 15-minute timeframe.

IMPORTANT! Always follow the RM strategy!

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