July 23, 2026 - XAUUSD Analysis and Potential Opportunity

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July 23, 2026 - XAUUSD Analysis and Potential OpportunityGoldOANDA:XAUUSDOmbabibi📊 Summary: Bullish momentum remains strong, and the preferred strategy is to buy pullbacks where support holds. That said, after rallying roughly 160 points over the past two days, the market also carries a higher risk of a short-term pullback. Today, keep a close eye on the 4107 support level. If price breaks below 4107, the preferred strategy shifts to selling pullbacks where resistance holds. A further break below 4100 would strengthen bearish momentum. If 4107 continues to hold, it remains an attractive area to look for long opportunities. In short, above 4107, the preferred strategy is to buy pullbacks where support holds. Below 4107, the preferred strategy shifts to selling pullbacks where resistance holds. 🔍 Key Levels to Watch: • 4166 – Resistance • 4144 – Resistance • 4138 – Resistance • 4130 – Resistance • 4113 – Support • 4107 – Key Support • 4100 – Support • 4090 – Support 📈 Intraday Strategy: SELL: If price breaks below 4107 → target 4104, with further downside toward 4100, 4097, 4090 BUY: If price holds above 4130 → target 4134, with further upside toward 4138, 4141, 4144 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!