GOLD BEARISH BAT - If 1163 breaks out toward 1166

I have a pattern for a reversal about here (1163) and it retraced nicely to .386 then returned right back here again. It can either turn south again, or push upward to, what I see as a target, 1166.x

On the chart you'll find retracement areas if it does go to 1166 and reverses.

BTW, I am short from 1162.9 based on previous pattern and technical analysis ... good luck.