Gold
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Gold Bearish bias. A break of 2499.100 will support the fall towards the target of 2462.755 the break of 2462.755 would push the price to 2438.525.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 2722.456
  • Support S1: 2721.313, S2: 2720.286 , S3: 2719.143
  • Resistance R1: 2723.483 , R2: 2724.626 , R3: 2725.653