Gold (XAU/USD) Price Forecast: Correction Deepens Toward Key Support

Gold’s bearish wedge breakdown and reversal signals suggest further downside, with traders watching a major support zone anchored by the rising 200-day moving average. Bearish Signals Strengthen Gold reached a 17-day low of $4,555 on Tuesday, triggering a new bearish signal with a drop below a higher swing low.

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