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Gold (XAU/USD) Price Forecast: Bearish Wedge Breakdown Signals Key Support Tests

By FXEmpire March 05, 2026 Bearish
Gold (XAU/USD) Price Forecast: Bearish Wedge Breakdown Signals Key Support Tests
Gold is breaking down from a bearish rising wedge, testing key moving averages, with measured-move targets signaling possible continuation toward lower support in the long-term channel.
Tickers: AAAUBARDBPDGLGLDGLDMIAUOUNZSGOLUGL
Gold is breaking down from a bearish rising wedge, testing key moving averages, with measured-move targets signaling possible continuation toward lower support in the long-term channel.