Gold trading methods on July 31, 2024

Gold trading methods on July 31, 2024.
This morning, at 1 AM on July 31, 2024.
Today will be the first video where I share my method for trading gold (XAU/USD) on the daily chart. Let's explore together.

As you can see, from the live chart, today's daily candlestick, which is Tuesday, has shown a strong upward movement. My indicators have also signaled that this is a sign of recovery and price increase. I cannot predict exactly how high the price will go, so we need to monitor how the price moves and then react accordingly. Nevertheless, the price has broken through the resistance level at 2376 and is moving back up, which can be considered a confirmation of the standard trading method. It's possible to place a buy order on the daily chart. I expect the price to rise to 2475, break the trend line, and then continue to rise strongly.
I hope it will meet expectations. What about you? What do you think? Will the price increase?
That's the end of this video. If you liked it, please give a like and subscribe to the channel to receive the latest videos.

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