GOLD is forming a compression liquidity
GOLD/XAU is forming a compression liquidity and a rising wedge. Right now it is approaching a target of 1860 which is a supply zone and a fibo 78.6 extension. Good place to sell as money might flow out of GOLD and move towards BTC. A price target for this GOLD retrace is at 1710 which is a Fibo 61.8 and a demand zone in TF day