justatrader

Gold, Double Top on 8H Chart

FX:XAUUSD   Gold Spot / U.S. Dollar
Targeting 1148 and 1103.
Hidden bearish divergence adds additional confirmation
Minor trend line is broken as well
Would be more confident when price tests 1174.05 for resistance

Note: Price is trading within a falling wedge (although not complete yet), so keep an eye out on that.
1148 will be a level a watch (refer to notes on chart)
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