#GOLD IS HOT as we await the GDP Data 25th July

#GOLD has shown signs of a potential rebound in the near future, with the price expected to rise to 2386. This prediction is based on the observation of an outside bar on the GOLD software within the demand area marked in green.

While the immediate outlook suggests a possible increase to 2386, there are indications that the price may eventually trend downwards. It is anticipated that after reaching 2386, the price could start a descent towards 2357 and potentially even lower to 2300. These projections are subject to market fluctuations and various factors that may influence the price movement of GOLD. Chris's analysis provides valuable insights into the potential price action of GOLD, highlighting both short-term rebound possibilities and longer-term downward trends that traders and investors should monitor closely.