Gold to test weekly support below 1225.

18 באוק׳ 2016

Hello. a Huge downwards pressure put price of gold below 1272. A wedge is formed. If the ressistance of 1263 aint broken today, I expect the price to slow down and then make its move whether up or down. I would follow trend and say it is going to test that weekly support at roughly 1217 area. What do you think?