What Happens in Gold Trading after a Bull Flag Pattern?

The bull flag pattern is found within a Gold Trading up-ward trend.

The bull flag pattern occurs at halfway point of a bullish up-ward trend & after a break out a similar move equal to the height of the flagpole is expected.

In this bull flag pattern is a continuation chart pattern where the market retraces slightly, it's hence a slight retracement with narrow price action which has a slight downward tilt.

The technical buy point is when the price penetrates the upper line of the bull flag pattern. The flag portion has highs & lows which can be connected by small lines that are parallel, giving it what looks like a small channel.

What Happens in XAUUSD after a Bull Flag Setup?

The bull flag chart pattern above was just a resting period as the market gathered strength to breakout & move higher. The bull flag chart pattern gold trading continuation signal was confirmed as a upper line of this flag pattern was broken to the up side.