XAUUSD, 1H, rising wedge

There is a rising wedge pattern forming on XAUUSD 1H. The rising wedge is a bearish pattern that might indicate a trend reversal.
While the EMA200 is pointing upwards, we're currently in a pullback after a divergence. When price touches the lower blue line (at about 1178) it might first go up to the upper blue line before it reverses and starts falling to the pivot point.
After touching the pivot point, gold might continue it's overall uptrend.