XAUUSD - The uptrend continues when the trent breaks 2393

Jul 30Gold declined near $2,380 per ounce on Tuesday, extending losses from the previous session, as investors look forward to upcoming policy meetings from major central banks this week. The Federal Reserve is anticipated to keep interest rates unchanged on Wednesday, but all eyes will be on any indications of a potential rate cut in September. Meanwhile, the Bank of Japan is expected to lift rates by 10 basis points to 0.1%

Upper border breakout: 2393 - 2400
Lower border breakout: 2376 - 2370

Resistance: 2400 - 2407 - 2412 - 2418
Support: 2376 - 2367 - 2361 - 2353

Price ranges to note:

SELL price range 2417 - 2419 stoploss 2422

BUY price range 2354 - 2352 stoploss 2348

Note: Full TP, SL to be safe and win the market.

GOOD LUCK EVERYONE👍

Jul 31

Comment

Gold breaks the 2393 - 2400 trend and tends to meet resistance at 2418 again.