Gold 4hour charts shows potential Bat Pattern
Target at 0.886 of XA around 1114.85
2.618 of BC is around 1120
So after reaching 1156, it is a very good position to short and target is at region 1114-1120.
Target at 0.886 of XA around 1114.85
2.618 of BC is around 1120
So after reaching 1156, it is a very good position to short and target is at region 1114-1120.
Note
wow. GOLD did not even rally at all , and fall stright into the target region and compele the BAT pattern
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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.