GOLD BEARISH TREND MUST CONTINUE

GOLD is forming a parabolic curve chart pattern from 1983 to 2789 and if we draw fibonacci retracement from there we can a expect a retracement upto 618 and 50% levels but to go on to that levels gold must find a temporary resistance at 2480 level. 2480 can also been seen as a short range target by the rising wedge chart formation