XAUUSD short-term focus on bearish bat pattern
On the 4-hour chart, XAUUSD is fluctuating upward, with short-term bulls in the lead. The current upward target can be seen in the previous supply area of 2700-2726. When the market reaches around 2710, pay attention to the potential bearish bat pattern, and the downward target can be seen around 2640.
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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.