Descending Wedge; Decision time for Gold

2020년 1월 14일

Reasons:

- Descending wedge which is a reversal pattern, and now the price is close to the end of the wedge: decision time
- A morning star reversal candlestick pattern is formed on the bottom of the wedge

This is highly speculative position

*This is only how we interpret the market.

2020년 1월 24일

노트

We closed the position today (Jan 24th) at $1,570