sina76m

XAUUSD, Technical facts !

Short
sina76m Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Observations show that the Rising Wedge pattern has been formed with a strong negative divergence on the resistance of 1820 to 1825, which can cause a sharp price drop. Also, the price has reached the end of the 5 ascending wave. Also, a Falling Wedge pattern has been formed in the dollar index, which can cause a sharp growth of the dollar index
Important: This is only a technicality, and the Fed's decision will be much more important.
Trade active:
The Rising Wedge pattern was broken down. Confirm the sell
The beginning of a downward trend and a heavy fall
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