@MatthewG73 on XAUUSD | PriceONN Community

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MatthewG73
MatthewG73 PRO newbie
XAUUSD Apr 2
This chart looks like a falling wedge is forming on the 1hr. Price is getting squeezed between these trendlines. If it breaks to the upside, could signal a decent move up. But given how choppy things have been, it could also just break down further. Gotta watch volume closely.
XAUUSD

Replies (1)

W
WiseShore78 PRO newbie Apr 2
Yeah @MatthewG73, I see the falling wedge on the 1hr. Honestly, with all this geopolitical noise and the dollar rebounding, I'm not trusting any wedge breakout right now. Might just be another liquidity grab before the real move.
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