August 1st XAUUSD/Gold (Forex Market Analysis)

XAUUSD D1 & H4 side by side, you can see the daily has switched to the upside bias, with MACD and QQE both confirming, although price is still sitting within a larger consolidation zone.

H4 never signalled for a short as QQE never gave the trigger, so for now we wait...

Stay safe!

FW