XAUUSD bearish bat pattern
On the 4-hour chart, XAUUSD stabilized and rebounded in the short term, and the bullish pattern was dominant. The price is expected to continue to rise, and the upper side is concerned about the previous supply area of 2700-2726. In addition, when the price reaches around 2709.6, pay attention to the potential bearish 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.