GOLD XAUUSD Chart Technical Outlook awaits the US GDP to confirm a bottom
Gold prints a corrective structure to the upside. It develops wave b of 4 as an expanding structure; its last leg is in progress. It might have been completed, and prices could have proceeded higher for wave c of 4.
The US GDP is on today’s watchlist. If data disappoints, This should trigger higher Gold and vice versa.
I expect an upside price action toward $2,330 and then $2,360. Any dips should be limited by $2,300.
