hello traders, great sentiment on gold. bearish flag pattern formation that you see on this chart is a perfect opportunity to follow up trend. after each bullish wave occuring on markets on a daily bases it is essential for the market to be in correction afterwards. on gold, market is continuing establishing new highs so bullish flag in a great example of trend following pattern. buying signal for us is a bullish breakout of flag's resistance. stop always goes below lowest point of flag. target is based on length of flag pole