July 31, 2026 - XAUUSD Analysis and Potential Opportunity

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July 31, 2026 - XAUUSD Analysis and Potential OpportunityGoldOANDA:XAUUSDOmbabibi📊 Summary: Bullish momentum remains in control, and the preferred strategy is to buy pullbacks where support holds. At the moment, gold is consolidating within the 4098–4120 range. While price remains inside this range, the preferred approach is to sell near resistance and buy near support. A break and hold above 4120 would strengthen bullish momentum, keeping the focus on buying pullbacks where support holds. On the downside, a break below 4098 could trigger a short-term pullback, shifting the strategy to selling pullbacks where resistance holds. 🔍 Key Levels to Watch: • 4141 – Resistance • 4130 – Resistance • 4120 – Resistance • 4098–4100 – Support • 4083 – Support • 4065 – Support 📈 Intraday Strategy: SELL: If price fails to break above 4120 → target 4117, with further downside toward 4114, 4110, 4105 BUY: If price holds above 4099 → target 4105, with further upside toward 4110, 4117, 4120 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!