Gold Outlook – Friday August 1st | Navigating NFP Volatility

Gold has been in a clear downtrend all week, confirmed on the 4H chart and pushed further by the Fed rate decision earlier this week.

With NFP ahead today, I’m staying sharp and focused only on confirmed setups:

🔻 Sell Setup: Below 3274.33

First TP: 3268 (+50 pips)

Final TP: 3264 (+97 pips)

🟢 Buy Setup: Above 3343

Target: 3359 (+160 pips)

🎯 This is not the day to guess — it’s about being fast, clean, and rule-based.