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Descending Broadening Wedge

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A collection of shining gold bars and coins symbolizing wealth and investment.
FORECASTSAUG 17, 2026
Gold Forecast: Weak Retail Sales Support Bullion as Silver Tracks Breakout Levels
Gold found support as softer U.S. retail sales reduced expectations for another Federal Reserve rate hike, weakening the U.S. dollar and Treasury yields. Silver is also firming, though concerns over industrial demand could complicate its path toward key resistance.
GOLDFEDERAL-RESERVEIRAN