XAU/USD Pennant Breakout Confirmed, Gold Price Expected to Rise Towards $2,043
The XAU/USD pennant breakout has been confirmed, and gold prices are expected to rise towards $2,043. This news has sent shockwaves through the financial world, as investors scramble to position themselves for the expected surge in gold prices.The XAU/USD pennant breakout is a technical analysis pattern that occurs when the price of gold forms a triangle shape on a chart. This pattern is formed when the price of gold is consolidating after a significant move up or down. The pennant pattern is characterized by a series of lower highs and