FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
After a failed inverse head and shoulder, XAUUSD shows some sweet pattern. If you draw fib from the right shoulder you see XAUUSD terminating at 1.618 extension from A to B, a sweet pull back followed after the ABCD pattern, now the price has ran upwards to the 1.168 extension point again creating a double top pattern. Expect price to fall from the 1.168 fib extension
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.