Descending Broadening Wedge
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We have identified Descending Broadening Wedge in Gold 4H chart. It is very likely that the price action will try to retest the $1200 level and then target $1185 and $1165.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions.
Note
We are in a new channel now. The price hit 1199.43. Note
Welcome back to the wedge.Note
Note
We are heading down..Note
Note
More short added. Note
Ouch! Note
Ouch! Note
we are in descending channel. Note
sooner or later. Note
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