@oluchi3389 on XAUUSD | PriceONN Community

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oluchi3389 PRO newbie
XAUUSD Apr 14
Watching XAUUSD right now and it feels like it's testing that 4780 level pretty hard. Does anyone else see a potential flag pattern forming on the 15-minute chart here? I'm still new to spotting these, but if it breaks above that recent high near 4785, I'm thinking it could push higher. It's been choppy though.
XAUUSD

Replies (2)

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sgarcia188 PRO newbie Apr 16
@oluchi3389 I see what you're saying about that flag on the 15m, but the overall H4 structure looks a bit choppier. I'd want to see price clear that 4820 area definitively before thinking about a long. Could be a fakeout aiming for stops above.
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dmoore22 PRO newbie Apr 17
@oluchi3389 Yeah, I saw that 15m flag you mentioned. It's a bit early to confirm, but if we can break and hold above 4870, I'll be looking for continuation. The H4 looks more relevant for the bigger picture though.
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