XAUUSD READY FOR THE BIG US SCENARIO

We have gold located in the 1940 zone, where we have an excellent demand zone. Primarily, gold could create a short setup here before reclaiming liquidity in the 1985 zone. Alternatively, the price could decrease, creating a short setup with a target of 1880. The decision on the US debt ceiling will be crucial.

Let me know what you think.

Happy trading to everyone!