Gold Failed bullflag formation again
This is to help improve my TA by keeping a journal of all of the formations occurred and how they played out.
gold created a strong bull flag formation. well defined pole and descending flag. The price then broke out of the flag and started to climb higher. However it failed to reach the 1808 target due to news and lack of volume.
instead it formed a Doji indecision candle on 15m and then a closure below with the next candle. This was the sell indicator
gold created a strong bull flag formation. well defined pole and descending flag. The price then broke out of the flag and started to climb higher. However it failed to reach the 1808 target due to news and lack of volume.
instead it formed a Doji indecision candle on 15m and then a closure below with the next candle. This was the sell indicator
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