Gold's big bull flag in play – Trade levels [Video]

Orlando Gutierrez Learn 2 Trade

Yesterday Gold saw a surge in buyers at the NY open around the 1846 level confirming that a possible bull continuation might be in pay.

On the short term, this possible upside is being capped by last week's lows and the weekly pivot which is also a big volume zone.

This level, if broken with, will bring in more bullish momentum that can in fact ignite the next rally in this metal.

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Author

Orlando Gutierrez

Learn 2 Trade

Orlando has been involved in the financial markets for about 10 years. His focus is Global Macro and he is a strong believer that the best way to trade the currency markets is focusing on the big picture and holding on to big macro trends.

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