Waiting for a retracement to retest the wedge and then continue breaking downwards. I don't see price making a big bounce to the upside because I think the deal has been sealed for gold to the demand (support zone) - and then we may see a reaction with gold longs.
Before we can have the shorts, I think it's very reasonable to expect a modest/smallish bullish retracement (daily chart wise) and then a continued dump by what a very dominant $$$.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
Before we can have the shorts, I think it's very reasonable to expect a modest/smallish bullish retracement (daily chart wise) and then a continued dump by what a very dominant $$$.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!