Forex & Commodities Trading | Gold – Bullish Falling Wedge on H4

Forex & Commodities Trading | Gold – Bullish Falling Wedge on H4

Forex & Commodities Trading | Gold – Bullish Falling Wedge on H4

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Looking at the chart above, there is a bullish falling wedge on the H4 Gold chart, which could lead to more upside.

A breakout of the wedge has already occured, but 2 legs of movement are common on a wedge, meaning there might be a slight pullback (flag) on the first leg, before having a second leg of movement.

Stay tuned! 😀

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About the author

Spencer is an avid globetrotter who has been trading, travelling & teaching across 50+ countries, making his first million at 28 and amassing over 300k followers worldwide. As a former professional in private equity and proprietary funds, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media.

 

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