Gold Sentiments Turns Bearish As Price Breaks Below Wedge

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold breaks below the lower channel of the bearish wedge last week. Price will now attempt to rally toward the upper channel of the daily bullish wedge (at 1880), and most likely find it challenging to overcome the level before bears take over thereby sending price to re-test the low created last week at 1840 (61.80% Fib level) or below.

- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades

Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

-YouTube Channel: BullBearMkt
-Telegram: https://t.me/BullbearMkts