GOLD BEARISH

Summary :
Target Level : 1305.165
Target Period : 8 hours

Analysis :
Falling Wedge identified at 30-Aug-00:30 2017 GMT-5. This pattern is still in the process of forming. Possible bearish price movement towards the support 1305.1650 within the next 8 hours.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1313.225Last resistance turning point of Falling Wedge.

Support Levels
( A ) 1305.165Last support turning point of Falling Wedge.