PipsUniversity

26,000 Pip Drop at $1,400

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Rising wedge highlighted in purple & potential C point of a Cypher. I would sell at the $1,400 level and not wait for the trend line break.

Hopefully it will work its way down to $1,140

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.