GOLD/ XAUUSD ; FURTHER DECLINE EXPECTED

GOLD - Rising wedge which indicates more bearish signal, based on the previous setup on higher time frames the price have broken the support at 1923.88, althout, the current small rise can be seen as the retracement of the breakout occurred.

Trade ist aktiv:

XAUUSD SELL AT 1923.500 - CMP SL 1927.18

TP1 1918.00
TP2 1913.93
TP3 1903.17