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