Gold Wedge Breakdown: $4,750 Target Now Active
XAUUSD just broke the 15m rising wedge after $4,830 rejection. Bears in control below $4,810.
*Levels:*
Resistance: $4,806 - $4,810 broken wedge support + EMA 200. Retest fail = more downside.
Support: $4,788 - $4,790 minor demand. Major target $4,750 zone shown.
Invalidate: 15m close back above $4,818 flips bullish.
*Trade:*
Below $4,806 → Short to $4,790 then $4,750. SL $4,820.
Bulls need $4,818 reclaim fast or wedge measured move plays out.
Wedge breakdown + EMA 200 lost = momentum down. $4,750 next magnet.
Shorting the retest or waiting $4,750 dip?