Timonrosso

19 Oct 2019 - Gold FX - Falling Wedge - Analysis

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has been forming a Falling Wedge in since warly August... As it's approaching 3/4s of the apex, we can expect a breakout to the upside soon. This will send it to the first target at the top of the wedge pattern.

Will update, as this formation pans out.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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