Descending Wedge; Decision time for Gold

14 ม.ค. 2020

Reasons:

- Descending wedge which is a reversal pattern, and now the price is close to the end of the wedge: decision time
- A morning star reversal candlestick pattern is formed on the bottom of the wedge

This is highly speculative position

*This is only how we interpret the market.

24 ม.ค. 2020

บันทึก

We closed the position today (Jan 24th) at $1,570