On the 4-hour chart, XAUUSD stabilized and rebounded, and short-term bulls took the advantage. At present, we can pay attention to the resistance near 3399, which is a potential short position of the bearish bat pattern, and this position 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.