Porto_Adman
Long

Falling wedge on GOLD/USD (4H)

FX:XAUUSD   Gold Spot / U.S. Dollar
- 4 H chart : I found this FALLING WEDGE : maybe this could be LONG in a SHORT time period (still BEARISH on WEEKLY).
- NEUTRAL SUPPORT ZONE btw 1268><1277
- DAILY chart : a test on 200 SMA (could act as support) and give a new run up
Conclusion : I am waiting for the reaction at 1300 (on 1H chart)
(This is my first chart published : advice are welcome)
Nice catch. What about stop loss?
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