How Do You Interpret Gold Signal of a Bear Flag Chart Pattern?

How Do I Analyze XAUUSD Trading Signal of a Bear Flag Chart Pattern?

This bear flag chart pattern is found in a XAUUSD downward xauusd trend.

The bear flag chart pattern is a trend continuation pattern where the price retraces slightly with a narrow price action that has a slight upward tilt.

The gold technical sell point is when the price penetrates the lower line of the inverted bear flag chart pattern.

The flag portion of this xauusd chart pattern has highs & lows which can be connected by small lines which are parallel, giving it what looks like a small channel.

What Happens in Gold Trading after a Bear Flag Chart Pattern - How to Analyze Bear Flag Chart Pattern

The bear flag pattern above was just a resting period for the gold market prior to more selling. The continuation gold signal was confirmed as the lower line of this bear flag gold pattern was broken to the down-side.

How Do You Interpret Gold Trading Signal of a Bear Flag Chart Pattern?