XAUUSD Gold Forecast and Technical Overview
XAUUSD Gold reached 1207 key intraday support. And we hit one of the sub targets of our setups.
After testing 1207, price made a weak pullback towards 1210 – Bullish Alt Bat Pattern – however XAUUSD prices remain under bearish pressure.
Breaking below 1207-1206 will lead the prices 1198. A minor retracement can be seen at 1200-1198 levels.
We have a bullish crab and bat pattern signaling the minor retracement at 1198 – 1193 as we have published before.
Our midterm targets are 1188, 1172, 1156 and 1080.
Shorter term bullish retracement opportunity will be published for the members.
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