In this video, I break down everything that moved the price of gold last week, from the early-week rally toward $3,430 to the sharp midweek drop toward $3,325. We go beyond the surface, diving into what caused the reversal, and how I’m approaching next week’s market using a simple ascending channel on the 4-hour chart.
With major events like the FOMC rate decision, U.S. GDP, PCE inflation, NFP and the August 1 tariff deadline all on the radar, this analysis will help you stay grounded and prepare for volatility.
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Disclaimer:
Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading.
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