XAUUSD - 1H CHART ANALYSIS ( WATCHLIST )

Hi everyone,

Please see my XAUUSD 1H chart analysis attached.

As we can see gold has settled into a consolidation phase, while doing so it has started to create a wedge creating pressure for a breakout.

I will be watching this closely to wait for a breakout of the wedge and potential confirmation of a movement to the upside or a move to the downside.

Keep an eye on this one, potential for some nice gains.

Any likes and comments would be appreciated.

DWFX