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After testing the resistance line numerous times, ASX 200 is once again approaching this line. Can we expect a bullish trend to follow?

Emerging Triangle detected on ASX 200 – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 8241.7 and it is expected to move to 8260.4683.

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Important price line being approached by Gold Spot. This price has been tested numerous times before.

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