SaklainManzoor

Gold very soon break rising wedge, then again start downtrend

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD MN chart very strong bearish momentum, Right now evening star and few candles bearish engulfing same chart.
Now discuss weekly chart if this week closing below 1770 then confirm downtrend start, Right now weekly base elliott wave (ABC) already start a and b complete a level 2021.03.07 low 1676 some thing and b level 2021.05.30 high 1916 something weekly chat (C) pending now i thinks so (C) 1520-1460 these level C.

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