Gold (XAUUSD): Falling Wedge Breakout & Bullish Divergence

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Gold (XAUUSD): Falling Wedge Breakout & Bullish DivergenceGOLD (US$/OZ)TVC:GOLDMarkhorTraderGold (XAUUSD) has completed a multi-week corrective phase within a Falling Wedge structure, consolidating right around the $4,349 demand level. Price action printed a lower low into wedge support while the 4H RSI formed a higher low, confirming a Regular Bullish Divergence momentum reversal signal. Key Technical Factors: Pattern Setup: Descending wedge contraction reaching its apex, signaling seller exhaustion. Momentum Confluence: Clear 4H RSI bullish divergence supporting upside expansion. Projection Target: Measured move from the base of the wedge points toward high.