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Rising wedge formation - XAUUSD

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Rising wedge in formation. Please see notes on chart.

There is the potential that the rising wedge is not yet fully formed in which case a new 4 hourly high will be created.

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This is not trading advice. All content/information shared in this idea is purely educational in nature and is expected to be used for analysis/illustration purposes only.

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