GOLD pt. 2

Updated
Pretty much same position as my EURUSD idea.
Drawed a little bit different chart, so it's easier to see what I'm seeing.
Friday GOLD break out of this rising wedge, now price is testing bottom of it which is at the same level as Fib level 0,382.

I expect Gold to fall down atleast to fib 1,272 level.

Good luck.
Comment
My fib drawing.
snapshot
Trade active
Gold has tested that broken wedge and now it has broken below the upward trendline (pic below). Now let's see how it behaves.

snapshot
Trade closed: target reached
Chart PatternsRising WedgeTrend AnalysisWedge

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