Bullish Bat pattern forming 1265 -/+ is reach. which will result on GOLD rallying to 1290s and possible 1300 -/+ This is the hourly chart Trade accordingly. Good luck all
Comments
KathysTheStockGal
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D target was hit and pattern converted to Crab pattern
pixi
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agree with this pattern. But FOMC meeting on wednesday, and i think the 1260$ support will be retesting. I'm Expecting something like this
KathysTheStockGal
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Well possible if gold goes lower than 1265 then most likely bat pattern will convert to Crab pattern which we will see mid 1200 +/- for D point 1.68 of XA leg if so the reversal bullish rally will put gold to low to mid 1300 GOOD CALL
KathysTheStockGal
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Carb pattern was formed will head up fro here on low 1240s