XAUUSD Rises Steadily After Retest – Buy Zone Showing Strong Effectiveness
Technical Analysis – July 11, 2025 (H4 Timeframe)
Gold (XAUUSD) is currently trading around $3,345, continuing its steady upward move from the key confluence support at $3,309–$3,318. The bullish momentum has strengthened following a clean break and successful retest of the previous bearish structure.
1. Updated Technical Data:
Current Price: $3,345.10
Fibonacci Retracement:
0.618 at $3,309.69
0.5 at $3,318.91
Recent Swing High (1.0 Fibo): $3,345.69
RSI (H4 Estimate): Around 62 – nearing overbought territory, but still has room for further upside
EMA20/EMA50: EMA20 has crossed above EMA50 – short-term trend is bullish
Next Resistance: $3,357.97 (previous swing high)
Immediate Support: $3,318–$3,309 (Fibonacci confluence zone)
2. Price Action Insight:
Following the correction low at $3,287.02, gold has shown strong recovery with a clear impulsive wave formation. The previous Buy Zone between $3,309–$3,318 has proved highly effective, leading to the current bullish breakout.
A classic “break–retest–continuation” pattern is forming on the H4 chart, suggesting that bulls remain in control unless disrupted by macro events.
3. Suggested Trading Strategies:
Primary Scenario: Buy on Dip
Entry Zone (on retest): $3,330 – $3,318
Stop Loss: Below $3,308
Take Profit 1: $3,345 (already reached)
Take Profit 2: $3,357
Extended Target: $3,368 – $3,372 if $3,357 breaks decisively
Alternative Scenario: Short from $3,357 if Reversal Signal Appears
Stop Loss: Above $3,362
Take Profit: Toward $3,330 – $3,318 support
4. Conclusion for Today:
Short-Term Trend: Bullish
Medium-Term Outlook: Neutral to bullish – watch $3,357 breakout for confirmation
Main Bias: Buy the dip and hold toward resistance at $3,357–$3,372
Follow for more real-time trading strategies and insights. Save this post if you find it helpful!
Technical Analysis – July 11, 2025 (H4 Timeframe)
Gold (XAUUSD) is currently trading around $3,345, continuing its steady upward move from the key confluence support at $3,309–$3,318. The bullish momentum has strengthened following a clean break and successful retest of the previous bearish structure.
1. Updated Technical Data:
Current Price: $3,345.10
Fibonacci Retracement:
0.618 at $3,309.69
0.5 at $3,318.91
Recent Swing High (1.0 Fibo): $3,345.69
RSI (H4 Estimate): Around 62 – nearing overbought territory, but still has room for further upside
EMA20/EMA50: EMA20 has crossed above EMA50 – short-term trend is bullish
Next Resistance: $3,357.97 (previous swing high)
Immediate Support: $3,318–$3,309 (Fibonacci confluence zone)
2. Price Action Insight:
Following the correction low at $3,287.02, gold has shown strong recovery with a clear impulsive wave formation. The previous Buy Zone between $3,309–$3,318 has proved highly effective, leading to the current bullish breakout.
A classic “break–retest–continuation” pattern is forming on the H4 chart, suggesting that bulls remain in control unless disrupted by macro events.
3. Suggested Trading Strategies:
Primary Scenario: Buy on Dip
Entry Zone (on retest): $3,330 – $3,318
Stop Loss: Below $3,308
Take Profit 1: $3,345 (already reached)
Take Profit 2: $3,357
Extended Target: $3,368 – $3,372 if $3,357 breaks decisively
Alternative Scenario: Short from $3,357 if Reversal Signal Appears
Stop Loss: Above $3,362
Take Profit: Toward $3,330 – $3,318 support
4. Conclusion for Today:
Short-Term Trend: Bullish
Medium-Term Outlook: Neutral to bullish – watch $3,357 breakout for confirmation
Main Bias: Buy the dip and hold toward resistance at $3,357–$3,372
Follow for more real-time trading strategies and insights. Save this post if you find it helpful!
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🪙 JOIN OUR FREE TELEGRAM GROUP 🪙
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Join the community group to get support and share knowledge!
️🥇 Exchange and learn market knowledge
️🥇 Support free trading signals
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Join the community group to get support and share knowledge!
️🥇 Exchange and learn market knowledge
️🥇 Support free trading signals
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.