Good evening everyone,
As you can see here it is a Rising Wedge that has already been broken through.
The odds are now very good for a short entry - unless the market breaks back into the wedge to the upside.
What's your opinion?
Careful, this could be a Rising Wedge in the 1H diagram. If it breaks down, the next level could be very low 1600s. If the primary trendline is broken up again, the odds are good again and should then go up according to saucers formation. Target level is then in the 2750s.
What's your Opinion about GOLD?
