XAUUSD:Wedge is coming and waiting for a shortterm bounce
Traders:
This is consolidation of gold before big bomb next week.
Plan like this:
1.the begining days of next week, expecting gold to test the downtrendline by double touching it from 1302 to 1316.
2.drop down from the top of the consolidation box to the bottom
3.bounce from 1302 to fibo 382 1321 or further to fibo 618 1333
Less is more!
This is consolidation of gold before big bomb next week.
Plan like this:
1.the begining days of next week, expecting gold to test the downtrendline by double touching it from 1302 to 1316.
2.drop down from the top of the consolidation box to the bottom
3.bounce from 1302 to fibo 382 1321 or further to fibo 618 1333
Less is more!
Comment:
Double test 1308
Comment:
