Gold Trading in the ascending wedge
XAU/USD is edging lower after closing in the negative territory on Tuesday.
Rising US Treasury bond yield seems to be weighing on gold.
Gold could extend its downward correction to $1,780.
XAUUSD price breaks out of ascending wedge , further dip expected.
#gold #forex #stockmarket #stocks #interestrates #investing #markets #trading #xauusd
Rising US Treasury bond yield seems to be weighing on gold.
Gold could extend its downward correction to $1,780.
XAUUSD price breaks out of ascending wedge , further dip expected.
#gold #forex #stockmarket #stocks #interestrates #investing #markets #trading #xauusd
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