What Happens in Gold Trading after a Bull Flag Trading Pattern?

The bull flag pattern is found within a Gold Trading upward trend.

The bull flag pattern occurs at halfway point of a bullish upward gold 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 xauusd market retraces slightly, it is therefore a slight retracement with narrow xauusd price action which has a slight downwards tilt.

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

What Happens in XAUUSD Trading after a Bull Flag Chart Pattern?

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