#GOLD
👉New forecast
The price perfectly fulfilled my last idea. 📌 It hit first target at 2430. XAUUSD has broken below the critical 2400 level 🗝 following the release of unfavorable 📰 news for gold. Given the current momentum, I think it's likely that the market will retest this lower levels. ⏬

I anticipate that the price may 🔻 even drop below 2350 to absorb any remaining 🪝 liquidity. If the upcoming Core PCE data fails 🗞 to propel the price higher, 🔎 I expect the market to fluctuate 🔃 upward and downward before potentially resuming its previous trend.

🎯My goal is the support around 2350.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+470p✅
№2GOLD -142p❌
№3GOLD+293p✅
№4GOLD+275p✅
№5GOLD+350p✅
№6GOLD+240p✅
№7GOLD+345p✅
№8GOLD+352p✅
№9GOLD+360p✅
№10GOLD-113p❌
№11GOLD+270p✅

#GOLD
👉New forecast
Yesterday, the market reacted to news 📰 reports by rebounding from ⤵️ the resistance level and subsequently reached the target zone at 2353. It also bounced off the support level, forming long-tailed bars,📍 which indicates level rejection. I anticipate that XAUUSD may move toward the key 🗝 round number at 2400.

Given the upcoming news today,🗞 there is potential for a price surge.⚡️ Overall, while I expect the price to continue moving sideways, if the market rejects the support level after news comes out,⏫ there is a possibility that it could push towards the week's open price level. 📈

🎯My goal is resistance at 2400 from the support level.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+470p✅
№2GOLD -142p❌
№3GOLD+293p✅
№4GOLD+275p✅
№5GOLD+350p✅
№6GOLD+240p✅
№7GOLD+345p✅
№8GOLD+352p✅
№9GOLD+360p✅
№10GOLD-113p❌
№11GOLD+270p✅

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 XAU has ⤴️ bounced off the support around 2360, indicating some strength at that level. After a brief rally thin morning, the market is currently pulling back.⤵️ The recent break above the last 2 days' highs suggests the market has some 🐃 bullish momentum, but if it fails to close above these levels, it could indicate 📉 a deeper pullback.

With no significant high-impact news,📰 the price may continue to range. I think it could remain in a sideways move, potentially forming a trend continuation setup.📈 I expect a pullback to the support zone around 2370-2380, where buying interest could emerge again.📍 If the support holds, the price could then surge upward towards the previous week's high.📊

🎯My goal is the resistance around 2430
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+470p✅
№2GOLD -142p❌
№3GOLD+293p✅
№4GOLD+275p✅
№5GOLD+350p✅
№6GOLD+240p✅
№7GOLD+345p✅
№8GOLD+352p✅
№9GOLD+360p✅
№10GOLD-113p❌
№11GOLD+270p✅
№12GOLD+267p✅

#GOLD
👉UPDATE
GOLD has bounced off ⤴️ the support area I mentioned yesterday. It is currently trading within the previous daily range 📊 and is testing the channel border. The formation of a daily doji candle suggests a sideways move. ❗️ If the it breaks out of the downward channel, it could signal a continuation of a bullish trend. 🐃 However, there remains a possibility that the price may drop to a lower level around 2350.🔻

The market seems to be forming 🗿 a reverse head and shoulders pattern, indicating a potential reversal. I expect the price to create a small range 🔀 zone just below the channel border before breakout. 🔎 I expect the price to test the support level, and if it bounces back, we can consider it as a buy confirmation. ✅

🎯My target on the 1H is the resistance zone at 2418.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+470p✅
№2GOLD -142p❌
№3GOLD+293p✅
№4GOLD+275p✅
№5GOLD+350p✅
№6GOLD+240p✅
№7GOLD+345p✅
№8GOLD+352p✅
№9GOLD+360p✅
№10GOLD-113p❌
№11GOLD+270p✅
№12GOLD+267p✅

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 It hit the target level. GOLD is currently testing the previous week's high, 📊where we witnessed a sharp move downward previously. Given the high-impact news ❗️ scheduled for today, there is a possibility that the market may pull back after testing the PWH.⤵️

I think that the market could retest the psychological level at 2400 before potentially moving higher. The price action created a small box,🔀 indicates that the market is anticipating the upcoming news. Therefore it's essential to exercise caution.🧐 Overall, I expect a potential pullback followed 📉 by a continuation of the current bullish trend, 🐃 depending on how the market reacts to the news today.

🎯My goal is resistance zone at 2443
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+470p✅
№2GOLD -142p❌
№3GOLD+293p✅
№4GOLD+275p✅
№5GOLD+350p✅
№6GOLD+240p✅
№7GOLD+345p✅
№8GOLD+352p✅
№9GOLD+360p✅
№10GOLD-113p❌
№11GOLD+270p✅
№12GOLD+267p✅
№13GOLD+255p✅

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌The July candle closed very bullish, closing above June's high🈷️ but failing to close above high of May. Nonetheless, this bullish close 🐃 suggests that GOLD may target the 2500 level. Currently, it appears to be pulling back⤵️ following a strong bullish rally.🚀 The support zone between 2400-2415 looks like a potential area to go long, if the price shows signal.💹

🧐I anticipate a retest of the resistance from this support, as we are observing a basic breakout-pullback-continuation 📈 scenario. But, there remains the possibility that following the news release,🗞 the price might dip lower.🔻 I'm optimistic if provided the support holds and confirms with entry signals.

🎯My target is resistance zone at 2460.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+470p✅
№2GOLD -142p❌
№3GOLD+293p✅
№4GOLD+275p✅
№5GOLD+350p✅
№6GOLD+240p✅
№7GOLD+345p✅
№8GOLD+352p✅
№9GOLD+360p✅
№10GOLD-113p❌
№11GOLD+270p✅
№12GOLD+267p✅
№13GOLD+670p✅
№14GOLD+255p✅

#GOLD
👉New forecast
The market moved higher 📈 following the news release. Yesterday's daily candlestick was a doji, and I believe the market is poised to ⚡️ break through it to retest the previous resistance at the all-time high level. 📍Since the market hasn't yet tested the psychological level at 2500, there's a possibility it might do so today.

The price action shows 🐃 bullish momentum, and it recently broke and closed above the 2450 level. I anticipate that the market may create a range 🔀 around the resistance zone at 2480 or even form some pullback 〽️ from it. However, if the 🗞 upcoming news favors gold, the market may surpass the previous month's high and move higher level.

🎯My target is the resistance zone at 2495.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+470p✅
№2GOLD -142p❌
№3GOLD+293p✅
№4GOLD+275p✅
№5GOLD+350p✅
№6GOLD+240p✅
№7GOLD+345p✅
№8GOLD+352p✅
№9GOLD+360p✅
№10GOLD-113p❌
№11GOLD+270p✅
№12GOLD+267p✅
№13GOLD+670p✅
№14GOLD+255p✅

#GOLD
👉New forecast
GOLD has pulled back to support ⤵️ and is currently trading near the previous daily low.📊 I believe the market could consolidate within Friday's range and may move higher if there is a breakout through this potential 🐌 range zone.

The price is retracing to retest the 61.8% level 🕸 of last week's range, so I anticipate some rejection at this support level, possibly along with a liquidity grab🪝 below the previous day's low. If the market forms a false breakout candle, 📍it could signal a potential upward move.

🎯My target is the resistance zone around 2478.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+293p✅
№2GOLD+275p✅
№3GOLD+350p✅
№4GOLD+240p✅
№5GOLD+345p✅
№6GOLD+352p✅
№7GOLD+360p✅
№8GOLD-113p❌
№9GOLD+270p✅
№10GOLD+267p✅
№11GOLD+670p✅
№12GOLD+255p✅
№13GOLD -123p❌

#GOLD
👉New forecast
XAUUSD has a drop 🔻early Monday because of a global sell-off in risk assets, where gold typically gains value.📈 However, the price fell below the psychological level of 2400 before quickly ⤴️ bouncing back and closing above it. On the weekly timeframe, the market took liquidity below the previous week's low🪝 and has since been moving sideways around the 2400 level.

🧐 It appears the market has entered a 🔀 consolidation phase, as evidenced by two rebounds from both the resistance and support levels.🔃 The daily candle also suggests a potential for prolonged consolidation withing 📊 Monday range zone. I anticipate the market may retest the Monday open price level.

🎯My target is resistance zone at 2440

#GOLD
👉UPDATE
GOLD is currently moving sideways,🔀 as I mentioned yesterday, and it seems likely that we will see a similar range-bound market today. 📈 On the daily timeframe, it made a fake breakout of the previous day's low ⤴️ before moving higher. The price is currently testing the downward trendline. If it breaks through this level, we could see a bullish move 🐃 toward the previous day high.

It appears that the market is forming a 🚩 triangle pattern, which I would refer to as a compression channel. These price squeezes 🔃 often lead to a breakout, which could occur either to the upside or downside.🧐 However, given the prevailing bullish trend, it seems more probable that the breakout will be to the upside. ⚡️

🎯My target is resistance zone at 2438