Chart of the day: bear flag in gold


Adam Grimes has over two decades of experience in the industry as a trader, analyst and system developer. The author of a best-selling trading book, he has traded for his own account, for a top prop firm, and spent several years at the New York Mercantile Exchange. He focuses on the intersection of quantitative analysis and discretionary trading, and has a talent for teaching and helping traders find their own way in the market.

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  1. Captain Mike Rides

    The angle seems a little too steep to me for a flag. I’m not saying it won’t pull back any, but this doesn’t seem like a bear trend continuation move to me.

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