GOLD Bearish Harmonic Bat completed with an Ascending Triangle

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The Harmonic Bat Pattern which was developing (look at the related post) completed at: 1517.82
Trendlines reveal an Ascending Triangle.
Prior to the pattern we see a significant uptrend, in that case the Ascending Triangle indicates that the uptrend trend is more likely to continue.

Profit target for this pattern is 1568.18

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Bearish BatChart PatternsForexGoldHarmonic PatternsTrend AnalysisXAUUSD

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