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GREDZHAKA
Aug 25, 2021 6:03 PM

Gold Trading in the ascending wedge Short

GoldOANDA

Description

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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