Gold analysis 7/1/2024

Gold is stuck in a wide range, with hurdles both ways. All timeframes look choppy, and lower timeframes are forming a rubber band effect. It needs to break above 2643 to push toward 2665, where it’ll hit a high-volume zone. On the downside, breaking below 2630 will bring it to the lower volume zone. Until something gives, it’s just break-on-break trading for now.


Valid for today only!