Hi everyone,
Please see my XAUUSD 1H chart analysis attached.
As we can see gold has settled into a consolidation phase, while doing so it has started to create a wedge creating pressure for a breakout.
I will be watching this closely to wait for a breakout of the wedge and potential confirmation of a movement to the upside or a move to the downside.
Keep an eye on this one, potential for some nice gains.
Any likes and comments would be appreciated.
DWFX
Please see my XAUUSD 1H chart analysis attached.
As we can see gold has settled into a consolidation phase, while doing so it has started to create a wedge creating pressure for a breakout.
I will be watching this closely to wait for a breakout of the wedge and potential confirmation of a movement to the upside or a move to the downside.
Keep an eye on this one, potential for some nice gains.
Any likes and comments would be appreciated.
DWFX