COMEX Gold

Andreas

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The chart shows two wedges, a smaller one in a bigger one. As the intermediate trend is still up, technical lore would lead us to expect a breakout to the upside. Just my observation. Here's the chart with 9, 18, 40 EMA and 14 RSI

Have a good week !
 

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Nice breakout north. Let's see if next week shows the necessary follow through buying.
 

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