XAUUSD Update Current Potential for a "Drop and Bounce"
Gold CAPITALCOM:XAUUSD
Following the rejection from the 4120 area late last week, will Gold retest its resistance zone?
I have outlined several key levels and areas that warrant our attention.
We should also note that we are currently in the early part of August 2026.
Let’s monitor price action in the coming week and remain cautious, given the potential for continued sideways movement.
Stay alert and best wishes.
God Bless !