Hello all,

Today we will be looking at GOLD from a Daily Timeframe for a possible sell idea

- Currently, price is trading within this rising wedge and is at the previous high.
- A failure for price to close above will indicate a correction back to the downside of $2430-$2400.
- CPI news will have some impulse moves where institutions will hunt for SL's before price makes its move back to the downside.


Best regards and happy trading!
Supply and DemandWedge

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