eknine9
Long

Gold Long Term upper levels

FX:XAUUSD   Gold Spot / U.S. Dollar
90 0 2
Fibs on the 4h swing suggest upper levels of 1432 and 1482 which were previous resistance and support levels, however we still have not broken the long term downtrend that is forming a wedge with the rising trend line . Once the wedge is solidly broken we can look for Gold             to approach these upper levels for the year after it reaches shorter term upper levels of 1352 and 1383.
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