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Neutral Chart in Gold
Gold Spot / U.S. Dollar
Neutral Chart in Gold
By ChartFood
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Jul 23, 2019
7
Jul 23, 2019
Notice we broke out of the broadening wedge only to form another on.
Trade on a 5 count and waiting for wedge break or a bounce off this new broadening wedge bottom that we're (almost) touching.
I have a longterm target of 1485-ish but I'm starting to wonder if that target will be reach now or in a few months (or even at all).
I'll make my decisions based off these wedges.
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