XAUUSD DAILY OUTLOOK: Next hurdles on upside

GVI · August 10, 2026
General

Trend UP

Momentum: UP but consolidating below key resistance

Holding its bid but the pause at 4371,below key resistance at 4382, has slowed the move.

If 4382 is firmly broken, then a clear path to 4500+

If 4383 caps the upside, the move cools with market likely to treat moves down as retracements as long as it trades above 4220.

 

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