A pattern trade setup plus bias for a potential 4,000+pips move?
First diagonal support / trend line is visible by which price is struggling to break for the meantime. Will it break? And trigger all those sellers and trap them on a potential long/buy trade opportunity on a potential bullish bat pattern setup confluence to the bigger diagonal support / trendline. We will see and trade with care.
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Watch out closely on this market. We could look for a reversal for a long trade opportunity in Gold.
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Could we see a potential bull run on this market? Hitting TP 1 at 1295.31?
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This setup is still valid for a potential long/buy trade opportunity.