Gold (AUD) daily- Downward breakout from Ascend' Broaden' Wedge.

Gold (AUD) daily- Downward breakout from Ascendening Broadening Wedge (ABW).

81% of AWB breakouts occurs in the direction leading up to the ABW. However, this is that 19% of cases.

Note: We are at Oversold RSI's under 30. History shows, when the RSI hits these levels, usually prices bounce back up.
Chart PatternsGDXgdxxGLDGoldPMGOLDXAUGOLD/AUD

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