Forexmaestro121

Falling wedge with Bullish pattern

TVC:GOLD   CFDs em Ouro (US$ / OZ)
As gold started implusive move through out from yesterday however gold reached the support of 2290 and bounce back from it upyo 150 pips and created the Falling wedge pattern and that means the gold must have to retest the 2318-2322 resistance area.Moreover, the current area considered to be the consolidation in M30 time frame .If gold. breaks the 2290 support with in the session the next gold stop will be 2267-2270.

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