To actually trade this, another movement down to 99.40 area is needed to fully form this.
However, Thursday's daily candle actually managed to close above the first shoulder's resistance - which leads me to watch this pair carefully and not rely on any movement. My thinking is that since that green candle broke 102.05, that price has a greater chance of breaking out to the upside and moving upwards to the 103.50 area. A break of 102.35 level will confirm this up move.
(Linked is the Gold analysis)