XAUUSD bearish bat pattern
On the 4-hour chart, XAUUSD stabilized and rebounded. At present, attention can be paid to the resistance near 2655.3 above. After reaching it, attention can be paid to the potential bearish bat pattern. At present, the support below is around 2608. If it falls below, it will continue to fall. If the price breaks through the resistance near 2664.5, it will continue to rise.
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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.