Gold: a rising wedge can be seen at the daily chart
The rising wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. Don't confuse it with the rising triangle.
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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.