Summary :
Target Level : 0.7213
Target Period : 2 days
Analysis :
Rising Wedge identified at 08-Jul-20:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.721 within the next 2 days.
Supporting Indicators :
RSI above 60
Resistance Levels :
( B ) 0.731Last resistance turning point of Rising Wedge.
Support Levels
( A ) 0.7213Last 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).")
