OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has just faced strong rejection on the weekly. Divergence on the D1 already exists. The locking of the peak might give rise to a subtle H and S pattern which is consistent with The bat pattern failing. This would give a sell to C. Scenario two which is still valid n the long run is the completion of that bat pattern on the W1 chart as shown. This would give strong sell to B. A break above B gives buy to A. Please subscribe ask questions and check the anchored notes on the chat.

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