OANDA:XAUUSD   Gold Spot / U.S. Dollar
as we can see here on the GOLD chart that the US dollar has been falling weak, which has been causing gold to rise. so to this gold hasn't had much clear structure and has been mostly having sharp spikes to the upside. however, we can see now that gold has created a structure on the 0.382 fib level. on this level, we can see that the market has the potential to create a double top pattern which will hopefully show us where the market will have the momentum to go next. so now we will wait for more candles for form so we can get a better idea of the overall pattern before we approach this market in any way.
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