Gold @ 4hBlue lines forms an upper channel. Brown lines forms a bearish wedge.
Probable development is the wedge to be broken and the price to go to lower blue channel line. Then - up.
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My name is Nikolay Mihaylov, and these are my finance notes. I am *NOT* so experienced in this area, but may be is good for you to see how I am thinking :) Unlike most other blogs, here, everything is real transaction, unless is theoretical post, which is used for finding entering price. So enjoy it.
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