What Happens in Gold Trading after a Bull Flag Pattern?

The bull flag pattern is found within a Gold Trading up-ward trend.

The bull flag pattern occurs at halfway point of a bullish up-ward 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 market retraces slightly, it's therefore a slight retracement with narrow 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 and lows which can be connected by small lines that are parallel, giving it what looks like a small channel.

What Happens in XAUUSD after a Bull Flag Setup?

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