Deviscor

Deviscor

H4 Timeframe: Rising wedge with decrease in volume

Deviscor

It has been noticed that previously price rejection was at level 1863 and gold touched 1847 making left shoulder of the Head and Shoulder pattern. After that it touched 1869 and then it touched 1841 making head. Similarly when it touched 1864 again it went down to 1828 making right shoulder. This time the price has been rejected on 1874 which seems like gold does...