Gold Daily Analysis 01.08.2022

GoldOANDA

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⋅ Aug 1, 2022 1:13 PM

Gold is testing the monthly support 1776. We will wait if it closes above this. I feel we will see selling after the breakout. to test the support below 1766. Howevever the geopolitics is saying gold can get bullish if China hits any bombs.

Sell 1786 SL 1796 TP 1766