GOLD// Bat Pattern

Emas Semerta / Dolar A.S. (FOREXCOM:XAUUSD)

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FOREXCOM:XAUUSD Emas Semerta / Dolar A.S.

trendanalysis harmonicpatterns chartpattern

Pretty easy to follow sequence of events. Price has broken back within the secondary range and rejected the now resistance level while only having a slight wick test of the bottom of the range. I expect another test and from there we will see more clearly the near term future of gold. Long bias on gold and also a long bias on the US Dollar.

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Komen:

These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).

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