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

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Xauusd 070814 Gold

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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