XAUUSD currently displaying a bearish wedge pattern on high hourly time frames since it is not making higher highs and is under the 50 SMA

A bearish breakdown of this candlestick pattern could see price falling to as low as April or May's monthly lows
Chart PatternsGoldTechnical IndicatorsshortTechnical AnalysisTrend AnalysisXAUUSD

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