Hello traders,
GOLD is making a downtrend wedge which is a sign of correction or reversal. But it is not giving a confirming signal yet.
The blue line is possible a 4H resistance level for end of correction before a new leg down.
Three targets down there are possible for sellers if got a confirming signal in later sessions.
GOOD LUCK ON PLAN TO BUY FOR CORRECTION OR SELL FOR NEW LEG.
LESS IS MORE!