managingchaoscapital

XAUUSD - USA GDP Play?

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
We can see 2 similar patterns which are not broken yet. We are currently on the possible last leg of the second pattern (blue).

With GDP news today could be a possible LONG play.

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.