XAUUSD DAILY OUTLOOK: Trapped by doubles

GVI · July 29, 2026
General

Momentum still pointed down but currently trapped by a double bottom (4010-11) and double top (4047.

Key levels outside of it are at 3998 and 4055 + the down trendline.

Level bulls do not want to see broken is 3998.

(AT 4 hour chart)

EURUSD DAILY OUTLOOK

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