Rising wedge formation - XAUUSD

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Rising wedge in formation. Please see notes on chart.

There is the potential that the rising wedge is not yet fully formed in which case a new 4 hourly high will be created.

This is not trading advice. All content/information shared in this idea is purely educational in nature and is expected to be used for analysis/illustration purposes only.

Do not trade or speculate based solely on the information provided.

Risk Warning! Forex, Futures , Options and such derivatives are highly leveraged and carry a large amount of risk and are not suitable for all investors. Please do not trade with more money than you can afford to lose. All content included in these trade ideas do not constitute ‘investment advice’.

Trust your own analysis.
Beyond Edge


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