Hello my friends,
Greeting from CosMos FX,
We are currently looking at GOLD. We can see gold had been dropping for a week. Gold is doing very fine and forms a rising wedge pattern. We are looking for a breakout of this pattern at 1996.32 and our target price should be 2037.53. Vice versa, if it happens to break 1943.32 we are expecting the price to go lower down to 1888.44.
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Greeting from CosMos FX,
We are currently looking at GOLD. We can see gold had been dropping for a week. Gold is doing very fine and forms a rising wedge pattern. We are looking for a breakout of this pattern at 1996.32 and our target price should be 2037.53. Vice versa, if it happens to break 1943.32 we are expecting the price to go lower down to 1888.44.
Thanks for reading!! If you like our analysis, do follow us for more!