GOLD IS COMMING CLOSE TO THE 61.80 MARK ON FIB LEVEL. IF WE HIT THIS AND HAVE A CLEAR REJECTION WE SHOULD BE LOOKING FOR A SHORT TRADE.
FOR FUTHER CONFIRMATION WAIT FOR THE WEDGE TREND TO BREAK THEN TAKE YOUR SELL TRADE.
WE HAVE FOMED A PREVIOUS ASCENDING WEDGE, WHICH THEN LEAD TO A 3500 PIP TRADE.
WE ARE NOW IN A BULLISH TREND AND FORMING ANOTHER ASCENDING...
