On the 4-hour chart, XAUUSD stabilized and rebounded. At present, attention can be paid to the resistance near 3349. If it breaks through, it will continue to rise. If the price reaches around 3391, pay attention to the potential bearish bat pattern, which is in the previous supply area.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.