XAUUSD CFD Weekly - 3 - 7 Aug 2020

Gold somewhere near to $2,000 but failed to pierce towards 3.82 fibo pitchfork resistance key level and we are looking at price will hovering around this channel between 2.618 fibo support and any movement below towards $1,960 high probability will retest again on previous support around $1,930 - $1,910 based on our AP mapping on the chart

Closing price & Opening this week candle thus show still under below our weekly resistance key level, please have a look at our Q3 Forecast towards 2021