Gold/AUD
Long

Flag and pennant setup

128
Daily gold chart clearly defines a flag and pennant
setup. This is a bullish setup and it is a good sign
when the price consolidates sideways for a short period
as it gives times for the weak hands to exit.
A slight pause in the price rise also makes
future rises more sustainable and anything that rockets skywards will always crash like a brick.
in the coming months, expect a move higher
as all the governments around the world will always inflate the debt away as its the way to tax people without them knowing. only 20% of the population understand that inflation is just a hidden way governments tax the slaves.

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