OANDA:XAUUSD   Gold Spot / U.S. Dollar
Possible scenarios of XAUUSD :

Either it will go 2000+ by holding its Impulsive 5 (White)
Or it will drop to 1870 by holding its Impulsive 5 (Yellow)

As we know FED has announced they will look for double interest rate hike if the inflation will not come under control so we may see a bearish momentum continues.

All depend on the 26 July FOMC meeting.

I will give the breakthrough analysis in this chart every day in the comment section so don't miss.

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