Gold Range trading in July and breakout by August

Hey traders, We except gold will trade between the range of $1800-$1860 for upcoming few weeks to generate liquidity and eventually breakout to the up with initial target of $1960-1975.Breaking Monthly high is also possible.

There are so many fundamental reasons that will push gold price up. From the market structure , we expect some sort of uncertainty is coming which will push Yen, Swiss Franc and gold to the up.
Our target for Gold is above $2450 by the end of 2023 or mid 2024.


Follow us for more analysis. Check our previous analysis of Gold inside our profile.
Chart PatternsFundamental AnalysisTrend Analysis

Exención de responsabilidad