Gold, in a huge wedge?
Weekly chart gold. Price has made an outside bar, which could be viewed as lower prices to come if there is continuation on the daily chart next week.
It looks like gold is making a huge wedge and would prefer to buy gold on signs of support at the bottom TL of wedge.
Alt - breakout of either side of wedge could produce a measured move of $250 from breakout point.
It looks like gold is making a huge wedge and would prefer to buy gold on signs of support at the bottom TL of wedge.
Alt - breakout of either side of wedge could produce a measured move of $250 from breakout point.
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