Price bounces from the resistance zone . RSI confirms price reversal. It's short opportunity and we can sell below 1290.00 with stop orders above 1300.00 level. Place take-profit orders near the uptrend line or use trailing-stop orders for exit.
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@cmonmedia, if you mean a double top chart pattern - I'm not sure. Because on the daily chart we have up trend. Probably we'll see price reversal from the uptrend line and up movement to 1300.00 level and higher.
nice trade @DLavrov, I got out of my gold short yesterday thinking it might jump up on one of various news events happening today... could still happen with UK snap election results tonight. You got some balls brotha.