Gold Spot / U.S. Dollar
Short

Gold developing a rising wedge.

112
Gold seems to be developing rising wedge. In that context a short with a tight stop would be most logical play. Better do that now OR alternatively wait for breaking the price support zone and RSI.


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.