We can clearly see the weakening of the metal GOLD. This might be the area where major buyers are leaving the game due to the high risk of a downfall. We can see a possible rising wedge, thus means a brek downward. We will observe the Major points (4H chart), the best timeframe to look for possible rejections/reversals (1h chart), possible entry chart (1h chart).
Comment:
Probably bounce up. to retest the wedge, before the fall, may happen on the 1295 area.
Comment:
1285*