GOLD: MIND the RISING Wedge !!!!
Gold finds itself in a Rising wedge (which
is a Bearish sign)
There is a potential H&S forming to take it
higher but once the resistance at Target 1
is broken we may see a significant drop in price
My thinking is that leg B of correction ABC is
completed and we can drop to current
position C or even lower
is a Bearish sign)
There is a potential H&S forming to take it
higher but once the resistance at Target 1
is broken we may see a significant drop in price
My thinking is that leg B of correction ABC is
completed and we can drop to current
position C or even lower
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