GOLD short

We had a fake break out of the chanel in 4h time frame caused by NFP on friday, now we are back in it, price has been rejected from key fibo 127.2 and now price is testing bottom of the rising wedge. Since JOLTs today was little lower than the forecast it's still higher than it was previously, so I'm not taking it as sell for dollar. We can also retest that fibo level before falling down but I expect gold to fall atleast 1 228 (red line) this week.
GoldgoldshortTrend Analysis

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