BATZ-RULE

Gold Short Suggestion

Short
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
For those that know me, you know I love a harmonic pattern. Here is a potential set up for gold shorting. If it turns round from here then I will trade to D, and then trade the pattern as per this picture. If it breaks the price on the close of day candle then I will delete this bat

I understand that this is a scary picture. But if you go and look at the DXY you will see that it is at the bottom of a bullish trend.
What could cause such drastic moves? well, I'm not a psychic, sadly. All I do is show analysis.

Hope you all have a lovely weekend. Stay safe.
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.