XAUUSD 1H CHART PATTERNGoldOANDA:XAUUSDActivetrader0This is a technical analysis chart for Gold Spot (XAUUSD) on the 1-hour timeframe. Here's a breakdown of the key points: --- 🔍 Pattern Analysis Falling Wedge Pattern: The price was moving within a descending wedge (marked by red trendlines). This is typically considered a bullish reversal pattern, suggesting a breakout to the upside. Breakout Confirmation: Price has broken out of the upper wedge boundary. The breakout level seems to be just above $3,380. TARGET POINT 3410 TARGET POINT 3450 --- 📈 Ichimoku Cloud Indicator The price has moved above the cloud, which typically indicates a bullish trend. The cloud itself is starting to thin, another sign of potential