XAUUSD DAILY OUTLOOK: More of the same but for how long?

GVI · August 4, 2026
General

Stuck again within 4020-83, a range that is too tight to last for too long.

Looking at the range as 4000-4100 with key levels outside of it (3996 and 4120), expect more chop, limited follow through trading until either side is broken.

(AT 4 hour chart)

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