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FTE1995
16 Th10 2019 14:06

GOLD - Rejected 1490 Resistance within Descending Wedge pattern Giá xuống

GOLD (US$/OZ)TVC

Mô tả

- As shown in the chart 1488/1490 has previously acted as strong support prior to price breaking lower through it

- This level now appears to be acting as new resistance

- Within the Descending Wedge pattern, price has clearly rejected this level due to the evident wick on the last 4 hour candle

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cindyme123
The Bullish Falling wedge still remains in place though, and if we dont break down, then we could very wel break higher?
Above 1494 or 1500 would be a clear break up through resistance,.... :)
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