as you can see the price io going up to the resisatance zone 12452 its an important resistance it might be negative reaction from this resistance pay attention to this level
what do you think ?
Gold is just consolidating inside this wedge this week ahead of FOMC. There is a good chance it will consolidate until then. I am still favouring upside for gold at the moment nothing has changed for me. Still inside the wedge and it could continue down to the outer trend line for a 3rd touch. if it breaks the outer trend line i will be looking for sells