Gold break support area of wedge and can contonue to fall
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price of Gold has been declining for a long time in the downward trend. Reaching the level of 1805 price bounced back and begin to rise. After breaking through the resistance level 1830, Gold continue to rise and thus formed an upward wedge. The price tested the seller zone, from which it begin to decline and broke through the support area of wedge. We can see the Gold leaving the wedge and I think the price may continue to fall so, I set 2 goals at the level 1840 and support level 1830. Please share this idea with your friends and click Boost 🚀