Gold is now trading in an ascending broadening wedge pattern
Now it exactly at the trendline support zone
we have got a falling wedge pattern in the lower time frame and that has also given a breakout which confirms that the correction for the higher time frame gets over.
Refer chart for details
Now it exactly at the trendline support zone
we have got a falling wedge pattern in the lower time frame and that has also given a breakout which confirms that the correction for the higher time frame gets over.
Refer chart for details
Trade closed: target reached