Falling Wedge on XAUXAG Long

Gold/SilverOANDA

Description

⋅ Apr 14, 2020 5:54 AM

Illustrated above we can see a continuation/reversal falling wedge that suggests the bulls might be looking to take over. If this happens, we could a strong bump in Gold while Silver struggles to keep up.

Trend Analysis Chart Patterns

Comments

Noldo

⋅ Jun 21, 2020 3:26 PM

Agreed and thanks for that nice analysis!

Shingi_Lesetedi

⋅ Jun 21, 2020 4:41 PM

@Noldo, you're welcome glad it helped!