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GREDZHAKA

Gold Trading in the ascending wedge

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
GREDZHAKA  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
6
0
trendanalysis
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.

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