$Gold 640 support is projected from 692 peak- 640 is also on the lower trendline of a falling wedge, a bullish formation. Will it hold as a low? Upper trendine of wedge at 655 is containing it so far. Additional upper trendlines shown may provide resistance if reached. If 640 fails, 631 (50%) & 615 (61.8%) wave 3 retrace areas await.