Gold Weekly July 28-Aug 1 - Rakesh Chandra

Gold has obeyed all the levels strictly. This week, gold would break in any one direction and head further in that direction.

For the upside:

Upwave (4-5) WUT3: 985;
Upwave (2-3) WUT2: 971;
Upwave (0-1) WUT1: 948.

Price is bullish above 934.12 and price is bearish below 925.38.

Down wave (0-1) WLT1: 911;
Down wave (2-3) WLT2: 888;
Down wave (4-5) WLT3: 874.