Gold Trading in the ascending wedge
XAU/USD is edging lower after closing in the negative territory on Tuesday.
Rising US Treasury bond yield seems to be weighing on gold.
Gold could extend its downward correction to $1,780.
XAUUSD price breaks out of ascending wedge , further dip expected.
#gold #forex #stockmarket #stocks #interestrates #investing #markets #trading #xauusd
Rising US Treasury bond yield seems to be weighing on gold.
Gold could extend its downward correction to $1,780.
XAUUSD price breaks out of ascending wedge , further dip expected.
#gold #forex #stockmarket #stocks #interestrates #investing #markets #trading #xauusd
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.