Price is currently in a wedge formation. Tested the resistance trendline for the third time and we are seeing a push down to the support level. Currently looking for an opportunity to go long when that support level is reached. Watch out for bullish signs in the grey area before taking long positions.
Gold currently completing a wedge formation to complete the head and shoulder formation. Could be a catalyst to break the 1360.00 area which is a strong resistance. Last time Gold traded above that price was in 2013.