Gold formed a double-top pattern on the daily chart,
touching the $1,367 line and currently is seen around $1,360 area.
Key support remains at $1,340 zone and as long as gold is staying above it
bulls will run upstairs.
A possible break below this level could drag XAU/USD to 61.8% Fibo.
Looking upwards pushing above $1,367 could lead gold to highs at $1,380 area. A
slight chance for distraction of the current trend might be found only if gold
goes below $1,310.
RSI nears the overbought area, but still showing bulls strength.
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