Gold at Risk of Pullback as Rising Wedge Pattern Emerges!

Gold Technical Update (15-Min Timeframe)

Gold is forming a Rising Wedge pattern.

Resistance zone: 128600 – 128800.

If the resistance zone holds, selling pressure may increase.

The pattern indicates a potential downside move if price breaks below the lower trendline.

Traders should watch for a breakdown confirmation before taking any fresh positions.