Normally a rising wedge resolves with a break to the down side. In this case AU has made a strong break up and out of its 3 month channel/rising wedge. Clearly the ongoing up trend off the .5503 low is a strong one, however; at some point in the near future we should see a significant correction. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.