Emerging Falling Wedge pattern in its final wave was identified on the Gold Spot 1 hour chart. After a strong bearish run, we find Gold Spot heading towards the upper triangle line with a possible resistance at 3330.9364. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.
Important support line being approached by Gold Spot. This price has been tested numerous time in the last 4 days
