was manipulated the last rally in the interest of selling at higher prices. Brexit was the catalyst. As a result a 'Bump and Run' reversal pattern is in place. XAUUSD
is in the Run phase now where it's expected to form some kind of a bearish
reversal pattern. I see Adam and Eve - double top
is being developed.
Price is expected to visit the Lead-in trend, in green. In case the trend is broken, there is a high possibility to visit 1200.