Michael_Winner

Gold can exit from upward wedge and fall to support zone

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Today we will look at the price of Gold.
Not long ago price fell from top part of upward wedge to $1765 level.
Then Gold made little movement up and back.
I expect that price can start to fall and break support level.
Also, I think that Gold can break support line too and make retest of resistance line.
After this price can continue falling to support zone $1730 - $1715 where located my target.

I expect this scenario, so be prepared for the next moves.
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