Weekly Analysis For Gold

For August first week:

The price between support and resistance so that's next week could be boxing.

Around R~1832.00/S~1794.00
Range around ±35$.

P. S
High Impact Expected for Upcoming Friday

Hourly Earnings m/m

Non-Farm Employment Change

Unemployment Rate

• Depending on the result, the price will range more than as usual and could lead to breakout condition.
• Just after the breakout, the entry position have to be changed immediately as the following price range.


🩸As it is a margin trading market, the investors are advised to do trading only after systematically protecting for the losses.🩸
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Analyzed By Linn
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