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XAUUSD FLAG POLE

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OANDA:XAUUSD   Ouro/Dólar Americano
Nothing much to report, as gold remains in a tight consolidation in the Flagpole & Flag since Jan. 25.
It is a tight and positive pattern.
We still have this Inverse Head & Shoulders with the Golden Neckline in the 1350-60 area .
The pattern of focus is still the Flagpole & Flag.

We still have to check:

1- the circus in Washington with tariffs for China's imports ...

2- Geo political events

3- De dollarization process ...

Also a simple chart of gold comparing the correction of 75 with the actual correction: s18.postimg.org/a560...RRECTION_75-2015.jpg




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