SPGP trade ideas

jakeychenery

I'm completely new to analysing charts and identifying chart patterns. I was wondering if anyone could help me with the trend of the chart where I have put in two trend lines? Is this considered to be a falling pattern wedge and therefore likely to see a bullish breakout in the near future?

WedgeIdeas Updated 

Gold miners forming a triangle, preparing for another run at the 1480 level. I'm bullish despite the reaction post-FOMC, especially as that reaction has quickly faded through today.

WedgeIdeas Updated 

Having convincingly broken out of the triangle, I'm looking to long here for a retest of 1315.

WedgeIdeas Updated 

Will it fall or will it double? Gold miners forming a triangle around the 50dma. Wait for this to break, probably next week, and follow the action.