Gold had a beautiful rejection off the 1800 round psychological level. Looking at the 1 HR there was confirmation of the ascending wedge pattern based off that rejection of that key level. We are now looking at the next higher high pull back and I see a retracement to about the 1779 level being the next stop. Another confluence is a HUGE bearish divergence on the RSI where gold created a lower high on the RSI while creating a new higher high on the chart.