Gold (XAUUSD, $1,972) is trading just under the lower band of a year long rising
#Gold (XAUUSD, $1,972) is trading just under the lower band of a year long rising broadening wedge, which was broken down in August of 2023. Presently previous support is acting as a resistance. Once gold overcomes this resistance around $1,995 - 2,000 level, it could advance until $2,300 level very quickly...