Gold (XAUUSD) Fresh Forecast for July 26, 2024




Weekly target 2356 - 2349 done with low 2353 by limiting the upside to mid-week target 2431 exactly. weekly and mid-week forecast based analysis that made our plan blue and profitable for the followers.

Previous week analysis and targets links are given below for your kind reference.


https://forexwithfs.blogspot.com/2024/07/gold-fresh-analysis-july-24-2024.html

For now, as gold achieved weekly target 2356- 2349 and respected the level as support that can force gold to correct towards 2399 - 2409 that is my goal and target now.

To become bullish and escaping bearish channel developing, gold price needs to sustain above 2410 to expand the upside towards 2439/2451 again else the upside would likely to be limited and fall towards 2351 - 2346 would become possible again.

Failing to hold 2346 can open 2331 - 2325 initially followed by 2302/2298.

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