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So, I made a little technical analysis for Gold in 4 hourly chart. As we know that gold has almost hit that all time high, However, it could not break up and went down. It did not go up as much as I expected. Now, Price of Gold is in falling wedge, if it break out, it will definitely surge into Strong resistant with a little pull back. On the other hand, if it can not break out, this down trend go continuously. Well, just take a time to observe it and make a decision after it.
So, I made a little technical analysis for Gold in 4 hourly chart. As we know that gold has almost hit that all time high, However, it could not break up and went down. It did not go up as much as I expected. Now, Price of Gold is in falling wedge, if it break out, it will definitely surge into Strong resistant with a little pull back. On the other hand, if it can not break out, this down trend go continuously. Well, just take a time to observe it and make a decision after it.