Gold Spot / U.S. Dollar
Short
Updated

XAU/USD 04-Aug-2024

80
In the weekly time frame;
The price is the range
And it is currently at the ceiling of this range area
With the sharp decline that occurred on Friday, I expect a pullback to the ceiling and then a decline
Also, in the daily and weekly time frame;
Divergence and a tendency to decrease the price can be seen

*Be profitable

Thank you for expressing your opinion with likes and comments
Note
I believe in the red trend

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.