GOLD has broken below its rising wedge pattern & might drop back to its previous low of about 1455 if its full rising wedge target is realised. Current price at time of print also shows Wave 4 have violated as it dips below Wave 1 high. It seems to be supported around 1655 as there is a confluence of FiboR 61.8% & Volume Profile peak. All other indicators are also sloping downwards.