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Don_Hawkish

XAUUSD? Is It False Break?

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Don_Hawkish  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Trend Lines Wedge Rising Wedge sellsignals support
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supportandresistance trendline wedgepattern risingwedge sellsignals support
XAUUSD has now re-entered the channel, which is predicted to occur "False Break". Because we find the "Rising Wedge" pattern, which has the potential to reverse the downward direction. At the moment we are just waiting for the "Breakout" confirmation of this pattern. To identify the direction of its decline.

Best Regards,

Don_Hawkish
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