$GOLD Forming A Bearish Pattern
Gold is clearly showing signs of a bearish signal as it forms a rising wedge area pattern. This usually indicates that the upward movement is losing momentum and that the price may drop anytime soon.
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.