Gold (XAU/USD) Consolidates Near 1-Week High Wedge Breakout Imminent?

December 22, 2022 at 12:00PM Spot gold’s rally saw it test 1-week highs before finding resistance at the top of the wedge pattern. Will we see a breakout or another retracement toward the 200-day MA?

Gold (XAU/USD) Consolidates Near 1-Week High Wedge Breakout Imminent?