XAU/USD Breached Falling Wedge Pattern

<p>Yesterday, the XAU/USD exchange rate tested the lower line of the rising wedge pattern. During Tuesday morning, the rate breached the given pattern south. From a theoretical point of view, it is likely that some downside potential could prevail in the market. In this case the rate could target the psychological level at 1,700.00. Meanwhile, […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/298064-xau-usd-breached-falling-wedge-pattern/">XAU/USD Breached Falling Wedge Pattern</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>