Regular Gold is breaking out on a Cup .... so is GB Gold.
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Long XAU GBP bullish price action following slow day yesterday relative to regular gold
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My analysis on Gold Price for Thursday 22nd August.
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Long:
A Top 1 & Top 2 has formed on the 2m at the top the of the handle. I need to see price make a strong push through these tops and take out the breaking line of the Cup formation and price should be very bullish on this break.
It is possible to see price sell off a bit due to this double top before a move back up occurs imho.
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Closing out of many trades ahead of economic data... a lot on today.