XAUUSD (GOLD) DAILY OUTLOOK: Trying to build momentum

GVI · July 21, 2026
General

Momentum turning up

Faces layers of resistance following a break of a 4043 double top:

4081 (tested), 4103, 4121, 4138 ahead of 4180 and 4220

On the downside, expect support on dips (i.e. limited downside) while trade is above the trendline and 4000, stronger bid if 4043 becomes support.

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