On the hourly chart, XAUUSD stabilized and rebounded in the short term. At present, we can pay attention to the potential bearish bat pattern. The short position is around 2933, which is in the previous supply area.
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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.