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Arnaldo_ramirez
Sep 28, 2018 1:39 AM

long term just an idea what its coming  Long

Gold/U.S. DollarFXCM

Description

its forming in long term a round bottom . this pair is quite unstable political acts affect tremendously specially to gold
Comments
telephoton
I agree. This drop down is artificially influenced by the rate hike. The wedge formed is now better balanced with the rising and decreasing trend lines on bottom and top of the wedge being more or less mirror images of each other. Wer can also see that the price has been consolidating towards the top of the wedge. If the price makes it back up to the higher side of the wedge, it will likely break out
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