**XAU:**
The price has been testing the EMA55 for the last 3 weeks.
We have a wedge forming, so there is a strong possibility of a break below these levels, namely because of the US CPI on Tuesday, to the support zone between 1995 and 1980.
The price has been testing the EMA55 for the last 3 weeks.
We have a wedge forming, so there is a strong possibility of a break below these levels, namely because of the US CPI on Tuesday, to the support zone between 1995 and 1980.
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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.