Pashabxl

GOLD: An Update: Double TOP pattern is on the track?

FX:XAUUSD   Gold Spot / U.S. Dollar
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If the pattern is a double top, then you have the neck line, and the target written and obvious.
Although if this is a double top, the target may be 1168 before being 1155.
The RSI is in a rising Wedge pattern as well. So let's wait and SEE.
EURUSD situation and the power of the pair may be very decisive. Please keep in mind the Geopolitical agenda that may influence XAUUSd as well as EURUSD Pair although there is an agreement with regard IRAN this Agreement may not be carried at the Senate. So let's wait and see.
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