XAUUSD has been trading at levels of 1292.29 (yellow trendline) for a while, break out of this level could mean a mid term bullish towards a target of 1355.00 to form a double top and this price movement will results in a W-Formation.
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.