Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: BREAKING FALLING WEDGE. IS GOLD GONNA RISE AGAIN?

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XAUUSD is breaking the upper trendline of the falling wedge pattern. We foresee Gold will continue its upside movement as long as Gold is moving above its exponential moving average.

The Roadmap will be invalid after exceeding the support/target area.
Note
HIT TARGET 1, AFTER CREATING FALSE BREAK AROUND THE SUPPORT AREA.
Note
HIT TARGET 2

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