EUR/USD is just starting to break out above the downtrend line on this 60-minute chart, triggering a buy signal in gold & silver as well, especially if this breakout sticks via a solid 60-minute candlestick close above the trendline.

EUR-USD 60m Aug 9th

EUR-USD 60m Aug 9th

As such, GLD (gold ETF or /GC, gold futures as well as SLV, & /SI, etc…) offers an objective long entry here on the breakout in EUR/USD and/or on a break above this 60-minute bullish falling wedge pattern.

GLD 60m Aug 9th

GLD 60m Aug 9th