Gold (XAU/USD) Market Outlook

Gold appears bearish today, with potential lows projected in the range of 2744 to 2732.
Key Zones:

Optimal Selling Zone: Between 2763 and 2765.

Reversal Zone: If a Change of Character (CHOCH) is observed around 2745 to 2747, gold may shift bullish, targeting 2762 to 2765.


Event to Watch:
The speech by former U.S. President Trump at 9:30 PM (GMT+5:30) could significantly influence gold's price movement and overall market sentiment.

Traders are advised to monitor these levels closely and adjust their strategies accordingly