GOLD/ XAUUSD ; FURTHER DECLINE EXPECTED

Updated
GOLD - Rising wedge which indicates more bearish signal, based on the previous setup on higher time frames the price have broken the support at 1923.88, althout, the current small rise can be seen as the retracement of the breakout occurred.
Trade active
XAUUSD SELL AT 1923.500 - CMP SL 1927.18

TP1 1918.00
TP2 1913.93
TP3 1903.17
Chart PatternsHarmonic Patterns

Related publications

Disclaimer