Christopher Mullen shares a Trader tip on a potential rally in Gold. Gold has started to rally and has formed a bull flag pattern on the chart. GLD may see a seven percent rally and hit $175-$176 per share over the next few weeks.
Title: Trading Gold: Analyzing Bull Flag Pattern on Daily Chart
Introduction
-Explanation of current market trend in gold
-Overview of the bull flag pattern on the daily chart
Understanding the Bull Flag Pattern
-Definition and characteristics of the bull flag pattern
-How the pattern forms and what it indicates for traders
Analyzing the Daily Chart of Gold
-Explanation of the daily chart
-Interpreting the bull flag pattern on the chart
-How to use the bull flag pattern as a trading strategy
Potential Outcomes for Gold ETF (GLD)
-Predicted seven percent rally for GLD
-Projected price target for GLD over the next few weeks
Trader Tip
-Christopher Mulin’s trading recommendation for traders
-Explanation of why the bull flag pattern is a useful tool for traders
Conclusion
-Summary of the Trader Tip
-Explanation of how traders can apply the bull flag pattern to their trading strategy