OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is still reaching higher highs and higher lows showing the trend is still in tact on all time frames but I think the rising wedge that is forming will start a heavy drop in price when it breaks the support. I also think the phycological resistance at 1800 will help bring the currency pair down
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.