Gold Gann Angle Update - Classic continuation setup

Gold has a classic continuation pattern set up, but of course every one can see it, so the trickery around the break out to higher prices will wear out some weak hands.


The continuation pattern (bull flag) is also at major all time high resistance, in Wyckoff language you can call this a 'spring board' as it is the final work done by the composite man before higher prices are achieved. Expect prices to move higher very quickly, so the retail trader wont be able to build any position of size. This blog target is $2500 on gold futures price.

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