fra978

GOLD: daily perspective

Short
fra978 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
On a daily chart i would say that we can see a "rising wedge" in wich we are come back into. Targets are below 1800: 1760 - 1640 areas.
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this could be an idea of the ranging inside the wedge before the fall: (that would be matches perfectly with the idea of the big 4th wave in the uptrend cycle count: www.tradingview.com/...GIANTS-updated-idea/)
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the entire perspective:
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flipped chart:
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a view of the symmetrical triangle in wich we are, 1945 is the middle point:
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the closing today
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We are climbing up to the bottom TL of the wedge, a leaving down might means the prosecution of the down move.
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I just would repost this idea from 2 september and confront it to the preview image:
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3 different scenarios to the way down to 1760 (minimoum):
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