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XAUUSD Rejecting the Resistance Short Opportunity Update: TP1 Reached

Gold is printing bearish continuation, rejecting 1334
Breakout of 1326 would lead the pair, 1322 and 1320.
Bullish Alt Bat Pattern would be completed at 1.3222.

Intraday Overview:

Gold Short 1330

Stop Above 1334

Target 1: 1326 / Reached

Target 2:1322

Target 3: 1320.15

Update:

As seen on the below H1 chart, XAUUSD printing a Gartley PAttern. We will close 50 % of the positions at TP3 and move Sl to entry. Our next target will be 1312.

Good Luck

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

Gold: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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