XAUUSD LONG

An overall bullish trend with a short-term downward range, giving it a bullish flag. Bias will be to go long once the flag ends an a buy confirmation is achieved. On the short-term, an inverse heads and shoulder pattern forms, with a buy confirmation we can be looking to go long on the short term.

Putting the long term and short term together, we have a confluence of two trader types which gives us a stronger reason to buy.

WAIT FOR YOUR BUY CONFIRMATION BEFORE ENTERING!