Gold Wash-out Low after Flag Apex. Need To See $2540+ On Close.

22. Aug.

Watch this video if you are trading gold. With a perfect Flag formation and a deep washout-low rotation, we need to see Gold rally back up to near $2540 to reach the Apex level again.

Any continued price weakness will show Gold may be attempting a deeper pullback after reaching $2570.

I believe Gold will settle very well into the end of the day. Possibly even reaching $2550+.

But, this is news-driven. This move is related to the geopolitical events taking place in Taiwan and other areas of the world.

Buckle up. Gold wants to move above $2602 - but it will be a struggle from now on.

Get some.

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