DeGRAM | GOLD working out a rising wedge

635
GOLD is in an ascending channel between trend lines, in a range of $2877 to $2940.

The price is moving from the upper boundary of the channel and has already dropped below the dynamic support.

We expect the decline to continue after consolidation under $2877.

-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!

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.