Analysis :
Rising Wedge has broken through the support line at 13-May-20:00 2016 GMT. Possible bearish price movement forecast for the next 2 days towards 108.049.
Supporting Indicators :
RSI above 60
Resistance Levels :
( B ) 109.57Last resistance turning point of Rising Wedge.
Support Levels
( A ) 108.5Last support turning point of Rising Wedge.
![[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).](https://c.mql5.com/6/1004/splash-preview-769840.jpg "[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).")
