Broadening Wedge for XAUUSD short term
Are we going to have correction or still uptrend?
Looks like this Broadening Wedge formation in H1 will provide enough correction with another rally as long as the support doesn't break!
Other version of Broadening Wedge also identify as Ascending Broadening Wedge and the move will be oposite from the Broadening Wedge itself.
Becareful with the support! That's the important area to decide wether it goes up or time for correction!
Looks like this Broadening Wedge formation in H1 will provide enough correction with another rally as long as the support doesn't break!
Other version of Broadening Wedge also identify as Ascending Broadening Wedge and the move will be oposite from the Broadening Wedge itself.
Becareful with the support! That's the important area to decide wether it goes up or time for correction!
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