GOLD: RISING WEDGE INDICATES MINOR REVERSAL 🧙‍♂️

Here is a closer look at what's happening with GOLD. USD is expected to strengthen a bit this week, which coincides with a rising wedge pattern that may be an indication of a minor sell-off (approximately the size of the widest part of the wedge) till the closest support zone. We indicated with red trendlines what needs to happen in order to enter the trade. Moreover, we also indicated a potential entry point with the least risk. All the best!