BullBearMkt

Gold Sentiments Turns Bearish As Price Breaks Below Wedge

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold breaks below the lower channel of the bearish wedge last week. Price will now attempt to rally toward the upper channel of the daily bullish wedge (at 1880), and most likely find it challenging to overcome the level before bears take over thereby sending price to re-test the low created last week at 1840 (61.80% Fib level) or below.

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