XAUUSD has formed a falling wedge pattern and is also moving towards its daily instant level which could be a significant support level, its most often that after a falling wedge forms there is a price hike so we will be waiting for price to reach at its level and will wait for a price action a inverted hammer,bullish hammer, bullish engulfing or bullish morbozou any signal which could signify that price will be bullish we will take bullish position