XAUUSD OUTLOOK - July 28 2024

We have observed a lot of mass consolidation over the weeks that I have been off the markets. At this stage, it is a matter of observation to see what sort of reactions occur to break out of this ranging zone. Once the ranges have been breached, we should expect mass volatility movements towards the long or short direction.

- Long considerations at 2400 ~ 2420, 2320
- Short considerations at 2420 ~ 2430