360
Long

Long to 1345 or 1385 with pending Short to 1040

FX:XAUUSD   Gold/U.S. Dollar
170 0 1
Looking at the weekly, bullish scenario clearly visible. We have bullish 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. Bearish target up to 1040.
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