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Wedgge

Gold saga continuedI am still short gold with my ideal price targets noted with down arrows. You can see that price is retesting the neckline. If this 4h candle close below neckline it is a good case to continue short. If this 4h candle closes above neckline I will likely close my short and look for another entry Price is starting to get squeezed by the Hull MA so volatility is likely to increase. Gold has broken out of its channel and down below the rising wedge . My bias is still to be short. But as new evidence comes in this could change
COMEX:GC1!Short
by UnknownUnicorn11430563
55
Resistance ledge in a channelThe video shows the picture, so will say little about this here.
FX:US30
07:05
by Captain_Walker

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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