XAUUSD - 2024/08/12

Market structure on the daily, 4h and 1h timeframes remain bullish.

On the chart you can see 2 possible buying zones to continue going long. I will wait for the market to tap into the zones and then give me my confirmation to go long.

As for fundamentals today we don’t have anything of importance. But later in the week we do have some economic data releases that will affect the Gold market.
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