What Happens in Gold after a Bear Flag Pattern in XAUUSD Trading?

A Bear Flag setup is a bearish continuation setup - This is a market signal which portrays the current trend is taking a break before resuming the current downward direction of the market xauusd.

If the Bear Flag downwards continuation setup forms it signals the market is taking a pause before resuming the current downward trend. The Bear Flag continuation setup in a downwards trend is referred to as a falling flag which signals that the price is consolidation but keeps moving lower and lower forming a pattern that looks like a falling flag. Traders should pause & wait for confirmation of the Bear Flag setup before opening a trade transaction based on this bearish continuation setup. Once there is a price break out to the down-side then the Bear Flag continuation pattern is confirmed & trading prices will then continue to move in direction of the current downward trend.