As W-Coronavirus spreads globally, along with VIX, Au/Ag ratio rises.
Its interesting that rising retest clearly showed after breaking the wedge even it is not direct XAUUSD or XAGUSD.
The 1st Market-moving phase has already begun showing its lethality in W and spreading globally.
in my opinion, the 2nd phase will begin if any confirmed death outside of W, who is...
UK FTSE100 5% within All-time High!!
Currently Topline of 1W Wedge.
Looking for retest after breaking out topline or
retest on bottomline of the wedge
7535 or 7440
Additionally in my opinion, 'Zone 7355-7300' seems to a favourable spot to trade long, but if it gets there, especially 7300, might think buyers are quite weak and actually look for short.