Gold Daily Forecast and Technical Analysis for July 22, 2024, by Chris Lewis for FX Empire

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The gold market was a bit soft in the early hours of Monday, as we continue to see a bit of profit taking. However, there is still a major uptrend to pay attention to, so this simply means we are waiting for an opportunity.

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happily short gold here, waiting for 2180 as first stop, by Friday I think. This is called "stop grabber" pattern Chris, week short positions have been "grabbed" by the bulls, but they failed to break out, now the next target is the opposite side of the range (below 2250)

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