XAUUSD - Gold 4H 2023-07-13

13 Tem 2023Gold on the 4-hour timeframe, is showing a strong Bullish Weekly candle, yet it continues to respect the previous rejection point at 1958.32. As the Daily candle starts to shift, there is a possibility of a Bearish momentum emerging. I will be closely observing for a potential position after a breakout of the "No Trade Zone" in either direction, particularly with the upcoming high-impact news preceding the New York session.