gold hasn't broken the weekly uptrend - note the higher highs

gold hasn't broken the weekly uptrend - note the higher highs

buying pressure today pushed the price up ≈2.5%

TA is an excellent tool to gauge the price action

Illya Gerasymchuk 2025-08-01 21:45

gold price is back up to its price 2 weeks ago

so it indeed was a good idea to long it at the pullback