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GOLD GOING SHORT

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD IS COMMING CLOSE TO THE 61.80 MARK ON FIB LEVEL. IF WE HIT THIS AND HAVE A CLEAR REJECTION WE SHOULD BE LOOKING FOR A SHORT TRADE.
FOR FUTHER CONFIRMATION WAIT FOR THE WEDGE TREND TO BREAK THEN TAKE YOUR SELL TRADE.
WE HAVE FOMED A PREVIOUS ASCENDING WEDGE , WHICH THEN LEAD TO A 3500 PIP TRADE.
WE ARE NOW IN A BULLISH TREND AND FORMING ANOTHER ASCENDING WEDGE AND COULD EXPECT ANOTHER BEARISH BREAKOUT SOON. (OVER 3000 PIP TRADE)