XAU/USD Technical Analysis

٣ نوفمبر ٢٠٢١

Price was in consolidation and formed a rising wedge. The trendline has been broken as expected to the downside and retested, I expect gold to drop post the FOMC meeting hard tonight. 1750 might act as support but the wedge target is 1725 where there has been lots of buying pressure so it must be the last TP area.

١٢ نوفمبر ٢٠٢١

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