- Rising Wedge Pattern on 4H Time frame
- Potential end of Wave 5 or could probably extended even higher than the current price, Wave A for potential correction to the downside
- RSI Bearish Divergence
- Wait for the price to retest after potential break from the Trendline
GOLD or XAU/USD 4-hour chart with Rising Wedge, Potential Wave A and RSI Bearish Divergence
- Potential end of Wave 5 or could probably extended even higher than the current price, Wave A for potential correction to the downside
- RSI Bearish Divergence
- Wait for the price to retest after potential break from the Trendline
GOLD or XAU/USD 4-hour chart with Rising Wedge, Potential Wave A and RSI Bearish Divergence