XAUUSD Prediction Today 01-07-2024 (Bears Are Ready)

XAUUSD prediction today from my side is Bearish. On Friday, we saw a bullish rally on Xauusd that took the market to a 2337 level. This level was the strong resistance on h1 and h4. After reaching the resistance we saw a complete selling interest among traders and they pushed the price to 2326.746.

Moreover, you can check in the above image that my market maker indicator delivered the sell signal on Friday and the market exactly followed the downward prediction. I expect a drop to 2318.967 and a further drop can take the price down to 2307 levels and more.

XAUSUSD Forecast Today: I am BEARISH on GOLD.

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BEST OF LUCK!