XAUUSD Waiting for Rising Wedge Breakout

Based on the chart of XAUUSD, I see an ascending wedge pattern forming, with the possibility of a strong price increase upon breaking the resistance. The EMA(34) and EMA(89) are still below, supporting this uptrend. If the price continues to stay within the wedge pattern and then breaks above, we can expect a strong increase to the $2,800 area or higher.
buyChart PatternsForexGoldTechnical IndicatorsSELLsignalstradingTrend AnalysisXAUUSD

Powiązane publikacje

Wyłączenie odpowiedzialności