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Regular Gold is breaking out on a Cup .... so is GB Gold.
Regular Gold is breaking out on a Cup .... so is GB Gold.
Trade active
Long XAU GBP bullish price action following slow day yesterday relative to regular goldTrade active
My analysis on Gold Price for Thursday 22nd August. 
Trade active
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.
Trade closed manually
Closing out of many trades ahead of economic data... a lot on today.
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Disclaimer
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.