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Gold AUGUST 2019 is approaching a resistance line of a Falling Wedge. It has touched this line numerous times in the last 2 days.

Autochartist
July 4, 2019 1:00 pm
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Gold AUGUST 2019 is approaching the resistance line of a Falling Wedge. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 8 hours.

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After testing the support line numerous times, FRA40 is once again approaching this line. Can we expect a bearish trend to follow?

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