GOLD - It looks like will test 2529 high levle

Actualizado
Trading remains rangebound, with investors reluctant to build large positions ahead of key US inflation data for August due on Wednesday.

Generally, the direction is uptrend

Uptrend side: The price is expected to drop to 2497 before starting to rise above 2507. Trading above 2507 may lead the price to reach the previous high of 2529.

Downtrend Side: Trading below 2497 by closing the 4H candle will indicate a downtrending toward 2484, with the potential to reach 2473.

Tendency Keys: 2507
Operación cerrada: objetivo alcanzado
The gold price reached all our target
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