I've been waiting for this pattern for almost 3 months since mid July, with 2 potential D point at 137 and 134 level.
A small bearish bat completed near 134, in short term we can watch 131 and 130 level, see if price can stand above 55 ma.
Actually it is the same idea with Gold/XAU, bullish bias caused by rising political concern in euro zone which in favor of gold price.
A small bearish bat completed near 134, in short term we can watch 131 and 130 level, see if price can stand above 55 ma.
Actually it is the same idea with Gold/XAU, bullish bias caused by rising political concern in euro zone which in favor of gold price.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.