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WBGwen

XAUUSD Expanding wedge formation. Possible drop and test 1205

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
WBGwen Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
14
0
trendanalysis chartpattern waveanalysis
This chart is just a bigger picture, not a trade setup.

*Expanding wedge formation is form at the top, if the price break the wedge, price could drop and test 1205.

(Note: Never trade with the money you can't afford to lose)

Good luck.

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Comment:
Nice fall, break the first minor trend line
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