Would you LOOK at that retest? Is it not a thing of absolute beauty? This second retest comes after price rallied to 1454.40$ after the initial retest of the support provided by the top of the wedge.
To the topside resistance lies at 1480 – 1500$ and after that it is white paper to 1600$.
I suspect Gold (as a lot of assets) are waiting or the FOMC announcement on the 31st of July, which will give clarity to what the next couple of months will have in store for the world markets.
RedPill Analytics 