Gold BAT pattern
DEC10th FOMC meeting 75+% down 25bp.
ZCIS swap up to 3%.
10y yield about highest.
assumed condition:
Gold bat pattern
GC1!
short @2667 stop buy@2685
prz 1st 2625-2560
prz 2nd 2775
ZCIS swap up to 3%.
10y yield about highest.
assumed condition:
Gold bat pattern
GC1! short @2667 stop buy@2685
prz 1st 2625-2560
prz 2nd 2775
Trade active
small top(B point)is 2723,70% of 2541-2802.
I think it's a take profit wave.DXY and GC got impact by Scott Sessent.
C point PRZ 2570-2650,probably 50%of 2541-2720,which is 2632.
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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.