Gold is in corrective structure at the moment moving into a falling wedge. In the chart i have drawn a zone where we should watch for a buy setup if price reaches this level.
already bought some at 1328, waiting for up level. Any feedback from you?
Hamzahstocks
⋅
should we short gold until it reaches that price?
staurum
⋅
@Fxprotrader, what happens if it goes to 1350 and/or close above the wedge trendline?
2nd questions, what happens if price down and closes below 1320?
Fxprotrader
⋅
In both of your questions the answer is how price behaves after the breaking the levels you mentioned. So we may have a better understanding on what's is coming next