Analysis of Gold for August 03,.2021 - BWatch for the breakout of consolidation to confirm further direction

Technical analysis:

Gold has been trading sideways at the price of $1,810. There is potential for the breakout play and new directional move.

Trading recommendation:

Watch for the breakout of the consolidation to confirm further direction.

Upside breakout of the resistance at the price of $1,811 can will confirm upside movement towards $1,819

Downside breakout of the support at $1,807 will confirm downside movement towards $1,1795