Possible opportunity: XAUUSD formed a bullish Flag pattern
General outlook
XAUUSD has been under buying pressure within the last couple of hours. Now, the price displays the Flag pattern.
If the price rebounds from the lower border or confirms a breakout of the upper border of the Flag pattern, analysts recommend opening a Buy order.
The upcoming news will not influence your orders within the mentioned period.
Some traders may close their positions on Friday, which can add more pressure to the market.
Share your thoughts in the comments section if it's available for you.
XAUUSDT
Perp
4,533.84
+0.80%