FX:XAUUSD Gold/U.S. Dollar
Looking at the weekly, scenario clearly visible. We have engulfing or twizzer bottom(depending on broker print) in box on the chart. Placing fib trend extension we get 1345 as target for 0.618 ext. and possibly 1385 as 1. fib trend extension. We might get potentially double top at 1345 which will be good enough reason to short at that level, all depending on PA when/if we get there. target up to 1040.