Aug 7, 2026 - XAUUSD Analysis and Potential OpportunityGoldOANDA:XAUUSDOmbabibi📊 Summary: With NFP approaching, price is likely to remain range-bound until the data release. The current consolidation range is between 4225 and 4250. While price stays within this range, the preferred approach is to sell near resistance and buy near support. A break and hold above 4250 would shift the bullish momentum higher, likely opening the door toward the 4250–4275 range. If 4275 acts as resistance, it could offer an attractive short opportunity. On the downside, a break below 4225 could send price toward 4200, with 4180 as the next major support. 🔍 Key Levels to Watch: • 4275 – Resistance • 4260 – Resistance • 4250 – Resistance • 4240 – Support • 4225 – Support • 4204 – Support 📈 Intraday Strategy: SELL: If price breaks below 4247 → target 4243, with further downside toward 4239, 4233, 4225 BUY: If price holds above 4253 → target 4259, with further upside toward 4265, 4275, 4285 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!