XAUUSD: Gold to take a little drop to $1580
Updated
A rising wedge on the 4hr chart implies a possible
drop in price to the support line.
This BEARISH move is also supported by the
bearish divergence on the RSI
drop in price to the support line.
This BEARISH move is also supported by the
bearish divergence on the RSI
Note
Perfect - It hit the target spot on
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