GOLD/U.S. Dollar 60min: Bat Pattern & Trend Continuation

FX:XAUUSD   Gold Spot / U.S. Dollar
What we have here is a potential bearish bat pattern completing at the same area we have our eye on for a trend continuation move down. Also structure, looking left, and ratio confluence as well. Thanks for the heads up on this one JC.
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Thanks akil, Here I can see 26.18 trade.
Bad Luck...
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Plane crash near Russian boarder caused spike.
+1 Reply
DennySantoso CromerKing
Malaysian Airlines, second time this year
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CromerKing DennySantoso
Although if it's been missiled as reported it's not really their fault and that would explain the gold spike because of tensions in the area of Ukraine.
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Akil_Stokes CromerKing
Reminds me of the time that tsunami hit a few years back while in a Yen trade
Akil_Stokes DennySantoso
YEah I feel kind of bad fort hem. They've been in the news twice now, both for horrible reasons. At least this time they're not at fault. Or at least it seems that way. Still, won't help their company.
Akil_Stokes CromerKing
Yeah, I heard that news a little after and wondered what affect that had. Thanks Gary
Just hit SL :)
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Akil_Stokes DennySantoso
Indeed, at least it would have been a painless one ;-)
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