Either a bearish reversal may follow or gold breaks through the price level to continue higher. ABCD Pattern Targets 2,091 The first target from the rising ABCD pattern is at 2,091.

ABCD Pattern Targets New Trend High For example, gold could trend higher within the channel to eventually complete an ABCD pattern where the CD leg matches the AB leg.

Crude oil’s consolidation near $63.21 threatens a deeper drop, with bearish targets pointing toward the $60.66–$60.79 support zone if the current lows fail to hold.