Get started
SharifAzadeh

Gold, Another Bullish Scenario

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
SharifAzadeh  
FX:XAUUSD   Gold Spot / U.S. Dollar
5
0
This is 2nd scenario that I propose for the yellow metal. The 1st one focused on the break up of the descending channel.

In this scenario, a Bullish Bat and an Inverted AB=CD pattern might collide to support the price at the region I have shown on the chart.

Good luck,

Ali Sharif Azadeh, CFTe
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.