paulsandhu

Bullish Bat on XAU

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Bullish bat pattern presenting itself on the XAU. Downward pressure on gold from the positive jobs numbers is strengthening the USD and negating gold's latest rally, however this could be a buying zone on the hourly. I personally don't trade the 1hr time frame, but it is a nice setup nonetheless.
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