@asingh981 on XAUUSD | PriceONN Community
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Watching XAUUSD, looks like a descending wedge forming on H4. Price is testing the lower boundary near 4815. RSI is deeply oversold too, around 20. If this wedge holds, we could see a nice bounce back up. The PPI news was rough, but this pattern suggests some relief soon. Need to see volume confirm any move.