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UnknownUnicorn4107670

Observing Gold

Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
UnknownUnicorn4107670  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Trend Lines Wedge
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0
supportandresistance trendline wedgepattern
In the previous analysis, we anticipated a drop. We're still expecting a drop to the 1548.00 price region, as a Rising Wedge (Reversal Pattern), we'll just wait for the price to get to the price region of 1593.00 - 1588.91. One can wait, then put a Sell Limit (Pending Order) or simply just buy until the price region and wait to execute a sell.

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