2018 04 10 - XAUUSD 1-HOUR - SIMPLE WEDGE The pair is making a bearish simple wedge corrective structure (wxy) followed by bullish simple wedge (ABC). We're looking for the reversal price action at the last corrective leg (y) at resistance trend line with corrective leg (B). The next bearish impulse of last corrective leg (C) should be at previous low 1319 or 1312.