Gold under pressure as USD strengthensGold is facing significant selling pressure as the US dollar regains momentum. Currently, XAU/USD is trading near $3,337, down over $31 from the session high, and pressing directly against the ascending trendline.
The stronger USD is making gold—an asset that yields no interest—less attractive to investors. If this dollar strength continues, the likelihood of a trendline break and further downside is very high.
On the economic front, U.S. jobless claims have fallen to their lowest level in three months, signaling a resilient labor market despite sluggish hiring. This stable jobs data is expected to support the Fed’s decision to hold interest rates steady at 4.25–4.50% in the upcoming policy meeting, even amid rising inflation pressure driven by President Donald Trump’s tariff policies.
At this moment, sellers are in control. Traders should closely watch upcoming support zones and trading volume to spot reasonable entry points.
Good luck!
Buy-signal
Gold dips on profit-taking, long-term outlook still bullishGold prices continued to decline this morning as investors locked in profits following the precious metal’s recent rally above $3,400.
In the short term, further downside is possible if profit-taking persists and capital flows shift toward equities, especially as U.S. stock markets hover near record highs. However, gold remains a favored safe-haven asset for the long run amid ongoing global economic and geopolitical uncertainties.
Markets are also turning their focus to the upcoming Federal Reserve policy meeting on July 29–30. While the Fed is expected to hold interest rates steady this time, many investors still anticipate a potential rate cut in September. A low interest rate environment typically supports non-yielding assets like gold.
GBPUSD Rebounds Strongly – Is the Uptrend Ready to Resume?Hello traders!
On the D1 chart, GBPUSD is showing a strong recovery after bouncing off the support zone around 1.33500–1.34500. This rebound happened right at the ascending trendline and the confluence with the EMA, reinforcing the strength of the bullish zone.
The overall bullish structure remains intact. As long as price stays above the trendline, I expect GBPUSD to continue its move toward the resistance area near the recent highs.
My strategy is to look for buying opportunities around the support zone or after a confirmation signal from price action following a minor pullback.
Good luck and happy trading!
Gold sets sights on 3,500 USD – will the rally continue?Hello traders, do you think gold will keep rising?
Today, OANDA:XAUUSD is trading around 3,380 USD after a slight pullback from the 5-week high of 3,438 USD reached on Tuesday. Despite this short-term dip, the overall trend remains bullish, supported by both technical structures and market expectations.
On the news front, the US Dollar Index (DXY) has dropped to 97.4 – its lowest level in weeks. This reflects growing expectations that the Federal Reserve may cut interest rates by the end of the year, as recent data points to slowing inflation and weakening consumer spending. A softer dollar typically strengthens gold’s appeal.
From a technical perspective, the daily chart reveals a clear bullish structure supported by the rising trendline and the EMA34 and EMA89. Price is consolidating just above the trendline, forming a potential bullish continuation pattern. The resistance zone near 3,440 USD is being repeatedly tested – and if gold breaks out with strong volume, the path toward 3,500 USD could open up quickly.
From my perspective, I expect gold to make new highs above this level soon. What’s your take? Drop your thoughts in the comments!
Gold Surges to Five-Week High Amid Growing UncertaintyHello everyone! Let’s take a closer look at XAUUSD today.
Gold prices have rallied strongly, breaking above the 3,400 USD level and currently hovering around 3,420 USD — up 1.2% in the past 24 hours, equivalent to a gain of 34.7 USD.
This surge marks the highest level in five weeks, driven by heightened uncertainty surrounding U.S. President Donald Trump's looming August 1 tariff deadline. With tensions rising, gold is likely to remain on an upward trajectory. The immediate resistance stands at 3,420 USD per ounce, while support is seen near 3,350 USD.
Investors are also eyeing next week’s Federal Reserve policy meeting, where rates are expected to stay unchanged — but a rate cut could come as early as October. Meanwhile, the U.S. dollar continues to face renewed pressure heading into August, a factor that may further boost gold’s appeal.
Do you think gold will keep rising from here? Drop your thoughts in the comments — and good luck with your trades!
Euro Surges as Dollar Falters Amid Political TensionsThe EUR/USD pair is experiencing a strong rally, breaking above the 1.1760 level — its highest point in two weeks as of Tuesday. This sharp move not only signals the Euro’s recovery strength but also highlights the impact of heavy selling pressure on the US dollar.
The driving force? Ongoing trade tensions, coupled with rising uncertainty surrounding the escalating feud between President Trump and Fed Chair Jerome Powell, are shaking investor confidence in the stability of US monetary policy.
As a result, the dollar is losing its safe-haven appeal, paving the way for EUR/USD to climb higher. If this bullish momentum holds, the next key target for the pair could be around 1.1800.
Gold rallies to 4-week high as dollar and yields tumbleHello traders, what are your thoughts on gold today?
Gold prices are heating up again in the global market as the US dollar weakens and Treasury yields drop. At the time of writing, gold has surged by 50 dollars, reaching 3,390 USD per ounce — its highest level in four weeks.
The sharp decline in the US dollar is one of the main drivers behind gold’s impressive rally. The USD Index, which had risen significantly last week, lost momentum and fell sharply in overnight trading. Meanwhile, the yield on 10-year US Treasury bonds has dropped to around 4.3%, down from recent highs, increasing gold's appeal as a non-yielding asset.
Market sentiment is also being shaped by broader macroeconomic factors. Crude oil futures have dipped slightly, trading around 67 USD per barrel, reflecting investor caution amid global economic uncertainty. These combined forces have created a favorable environment for gold's strong upward movement.
If the dollar continues to weaken and bond yields remain low, gold could sustain its bullish trend. However, traders should remain alert to potential volatility driven by upcoming US Federal Reserve policy moves and key economic data releases, such as inflation reports and GDP growth figures, which may impact gold's trajectory.
EUR/USD: Bearish Trend in FocusHello everyone, what are your thoughts on EUR/USD?
From my personal analysis, it's clear that EUR/USD is extending its downtrend. The pair is trading around 1.164 and is under pressure from sellers after breaking below both the EMA 34 and EMA 89, with EMA 34 already turning downward — a classic bearish signal.
On the macro side, the European Central Bank is set to announce its monetary policy decision on Thursday. Meanwhile, U.S. President Donald Trump's ongoing trade tensions may add further uncertainty to the market. This corrective downtrend in EUR/USD could very well continue in the weeks ahead.
What do you think — will EUR/USD keep falling?
USD/JPY Drops as Market Awaits Powell's RemarksIn today’s trading session, the USD/JPY pair is showing renewed weakness, currently trading around 147.76 — down more than 0.68% from the previous session. The decline is driven by falling U.S. Treasury yields and cautious investor sentiment ahead of an upcoming speech by Federal Reserve Chair Jerome Powell, which is weighing on the U.S. dollar.
From a technical perspective, USD/JPY has broken its short-term uptrend and is approaching a key support level at 147.60. If this level fails to hold, the bearish momentum could extend further.
Latest Gold Price Update TodayHello everyone, what do you think about the price of gold today?
As the new week begins, gold continues the upward trend started at the end of Friday’s session. As of now, the precious metal is trading around 3356 USD, with the uptrend still being supported.
From a carefully analyzed technical perspective, gold successfully broke out of the downward channel, taking advantage of the weakening USD. The price increase is convincing in the short term, especially after testing and confirming the previous breakout as a new support zone (around 3345 USD).
The upward target is expected to continue, with key levels to watch being 3372 USD and the H4 resistance at 3390 USD.
What do you think about the price of gold today? Feel free to share your thoughts in the comments!
Good luck!
APT - A lower timeframe view - Breakout Entry- On 1D candle, APT is still trading inside the channel
- currently price is trading near the resistance and got rejected from the resistance as expected.
- I'm expecting few more candles near the resistance zone before breakout.
If we look at the higher timeframe (1W) view we shared earlier, there is huge potential for uptrend as we are expecting past pattern to repeat
if you are looking for a short term trade without focusing on weekly chart, this is a good opportunity
Entry Price: 5.313
Stop Loss: 3.462
TP1: 6.141
TP2: 7.270
TP3: 8.634
TP4: 10.583
TP5: 14.768
Don't forget to keep stoploss
Cheers
GreenCrypto
DODOX - Resistance is holding it back - Huge Potential- DODOX has successfully broken out from the resistance trendline
- Now its being pushed back back the weak local resistances
- I see a huge upward potential here.
Entry Price: 0.048271 ( Or you can wait for it breakout from the local resistance of 0.063051)
Stop Loss: 0.029078
TP1: 0.062621
TP2: 0.079766
TP3: 0.103243
TP4: 0.151853
TP5: 0.222332
Max Leverage 5x.
Don't forget to keep stoploss
Cheers!
GreenCrypto
VVV - Expecting perfect reversal after the retracement- price has broken out from the resistance trendline and now we are seeing a retracement as expecting
- Price should hold the support (previous resistance) and reverse from the suppport zone.
- we can enter our trade once the retracement completed
Entry Price: 3.033
Stop Loss: 2.231
TP1: 3.411
TP2: 4.037
TP3: 4.851
TP4: 6.360
TP5: 8.028
Max Leverage 5x.
Don't forget to keep stoploss.
Cheers!
GreenCrypto
Gold's Short-Term Decline: What's Next?Hello everyone, what do you think about gold?
Today, gold continues its short-term downtrend. After new data was released at the end of yesterday’s trading session, the USD rose by 0.3%, and U.S. Treasury yields also increased, reducing the appeal of gold. Additionally, the latest unemployment claims data shows improvement in the U.S. economy, which has contributed to the drop in the precious metal.
As of writing, gold is trading around the EMA 34, 89 levels at 3,336 USD. With the recent news, the market is expected to maintain its current stance throughout the day, as no new significant updates are expected.
From a technical standpoint, the downtrend remains in place, with prices continuing to be capped below the trendline. The series of lower highs and lows could likely lead XAUUSD to test lower levels, with the possibility of reaching the 3,300 USD mark.
What do you think about the price of gold today? Let us know in the comments!
Latest Gold Price Update TodayGold prices today continue to maintain a short-term uptrend, driven by trade tensions and U.S. inflation data.
The weakening of the USD and the drop in U.S. Treasury yields have increased gold's appeal as a safe-haven asset. The trade tensions between the U.S. and the EU, along with new tariff measures, further boost the demand for gold.
Additionally, the U.S. PPI for June rose by 2.3%, lower than the forecast and May’s increase, suggesting that inflation could decrease in the future. The market expects the Fed to cut interest rates in September, weakening the USD and supporting gold's uptrend.
With factors like trade tensions, a weaker USD, and positive inflation data, gold prices may continue to rise. Investors need to closely monitor these factors to devise an appropriate strategy.
Gold's Downtrend: Is a Breakout Imminent?Hello traders, what do you think about the gold trend?
Let's set aside the news factors for now and focus on short-term technical analysis with a bearish outlook.
In the current technical picture, gold continues to trade below the trendline, lacking upward momentum, forming a descending wedge pattern. The behavior around the convergence of EMA 34 and 89 also indicates that sellers still control the market.
A sell strategy is favored, with attention to the support zone around 3,315 – 3,320 USD. If this level breaks, stronger sell-offs are likely to follow.
What do you think about gold’s price today? Leave your thoughts in the comments below!
Good luck!
XAU/USD: Technical and News Signals Align for a Bullish Move💬 "When technicals and news align, traders can't ignore it."
Gold (XAU/USD) is at a critical juncture where both technical analysis and macroeconomic news are showing clear bullish signals. If you're waiting for a breakout, this might be the moment!
📊 Key Technical Analysis:
Gold bounced from a strong support zone at 3,339 – 3,329 (Fibo 0.618 & 0.5), confirming buying pressure.
EMA 34 crosses above EMA 89, signaling a potential trend reversal.
Breakout from the downtrend line opens up a target of 3,428 (Fibo extension 1.618).
Nearest resistance: 3,395 – if broken, a strong rally is likely.
🌐 Macroeconomic News Supporting the Bullish Trend:
The Fed may cut rates earlier than expected – USD weakens, benefiting gold.
Geopolitical tensions and financial instability in Europe increase demand for safe-haven assets.
US inflation cooling – market anticipates looser monetary policy.
Personal View:
If price breaks 3,395 with strong volume → long position, targeting 3,4xx.
Be cautious around resistance zones – short-term profit-taking could occur.
What do you think?
👉 Leave a comment, share your perspective or strategy – let’s ride the market wave together!
XAUUSD - Sell or Buy ? Hello everyone, great to see you again!
Today, OANDA:XAUUSD remains under notable pressure as the U.S. continues to signal a tougher trade stance. The latest move: the U.S. President announced a 50% import tariff on copper and a potential 200% tariff on pharmaceuticals, following a previous tariff notice ranging from 25% to 40% sent to 14 countries — including Japan, South Korea, Thailand, and Malaysia.
This isn’t just about protectionism. These measures fuel fears of global inflation, supply chain disruptions, and a broader economic slowdown. With surging prices in raw materials and essential goods, consumers may be forced to cut back spending, a classic warning sign for future growth.
In this environment, investors had hoped gold would shine again as a safe haven asset. However, the recent bullish momentum has been underwhelming, signaling ongoing market hesitation.
📉 On the H4 chart, XAUUSD is being squeezed into a descending pattern, which typically carries a high probability of a downside breakout. If the current support fails, the next target could fall below the 32xx area.
On the flip side, if supportive news emerges — such as a hint of rate cuts from the Fed — gold must break above the $3,335 level to revive bullish sentiment.
🔎 What do you think? Will gold break lower — or bounce back? Drop your thoughts below!
Gold Slumps Sharply – Has the Rate-Cut Hope Faded?Gold prices are under intense selling pressure after the Bank of England, the Swiss National Bank, and the Federal Reserve all decided to keep interest rates elevated. This unified stance underscores persistent inflation concerns, driving up the opportunity cost of holding non-yielding assets like gold. As a result, investors rushed to take profits, sending XAUUSD down over 200 pips in just one session.
Adding fuel to the fire, the Fed’s latest monetary policy report to Congress warned that inflation could rise to 3% by year-end, higher than previous projections. Moreover, the Fed trimmed expectations for rate cuts in 2025 and beyond, signaling a longer road to policy easing.
🔎 What does this mean for gold's short-term outlook?
With high rates here to stay and the Fed's cautious stance, gold remains vulnerable to further downside in the near term. However, if upcoming U.S. economic data shows signs of significant weakness, gold may regain favor as a safe-haven asset.
At the time of writing, XAUUSD is trading around $3,347, a critical zone that may determine whether the current drop continues or finds a bottom.
Do you believe this dip will deepen—or is it a golden opportunity to buy the pullback? Share your thoughts below!
"XAUUSD – Hidden Strength Within the Accumulation Zone"Hello everyone, how are you currently evaluating XAUUSD?
Yesterday, gold remained relatively stable without major volatility, yet continued to be supported by a favorable macro environment. Escalating tensions between Israel and Iran have sustained safe-haven demand. While the U.S. has yet to make a direct military move, President Trump’s emergency meeting and firm stance have increased market caution, which in turn boosted interest in gold.
At the time of writing, gold is trading around $3,368, and the long-term trend still favors the bulls. But why do I say that?
From both a technical and macro perspective, gold is in a healthy accumulation phase. Although it hasn’t broken above the record high, XAUUSD remains safely above key support zones — especially above the EMA 34 — which continues to affirm its bullish structure.
EMA 34 remains a strong dynamic support, with a clear separation from EMA 89, reinforcing the momentum. Even if we see short-term pullbacks in the next few sessions, they are more likely technical retests rather than signs of reversal.
Adding to that, the rising trendline, higher support levels, and bullish candlestick patterns all strengthen the case for continued upward movement. These combined factors paint a positive technical outlook for gold in the medium to long term.
From my perspective, I remain confident in gold’s long-term uptrend. What about you? Feel free to share your thoughts!
MOONPIG Is Taking Off — Thanks to James Wynn’s Viral CloutThe James Wynn Phenomenon:
James Wynn, a crypto trader who turned $4 million into $100 million before losing nearly all of it in leveraged Bitcoin futures, has become a polarizing figure in the crypto space. His massive trades, including a $1.2 billion Bitcoin long position that ended in a $17.5 million loss and a subsequent $1 billion short position with 40x leverage, have made him a viral sensation. Despite these setbacks, Wynn’s resilience and bold moves keep him in the spotlight, with thousands of traders and investors following his every step.
Wynn’s fame stems not just from his trading but from his ability to move markets. His posts on X, where he boasts a significant following, often trigger rapid price movements in the assets he mentions. This influence is now centered on $MOONPIG, a Solana-based meme coin that’s gaining traction thanks to his vocal support.
$MOONPIG: A Meme Coin with Momentum:
$MOONPIG, a meme coin built on the Solana blockchain, has seen its price surge by as much as 80% following Wynn’s endorsements, though it’s also faced volatility with a 30% drop in 24 hours and a 60% decline from its all-time high. Despite these fluctuations, the coin’s community-driven narrative and Wynn’s backing make it a compelling speculative play.
Wynn’s posts on X reveal his belief in $MOONPIG’s potential to be the “next SafeMoon” of this cycle, predicting a run to a billion-dollar market cap. He’s emphasized its appeal to retail investors, calling it “normie-friendly” and highlighting its strong community as a key driver. This narrative aligns with the meme coin mania that often propels tokens like CRYPTOCAP:DOGE or CRYPTOCAP:SHIB to explosive gains during bullish market phases.
Why I’m Bullish:
Wynn’s Influence as a Catalyst: Wynn’s fame amplifies $MOONPIG’s visibility. His posts on X, such as one claiming he transferred profits to the $MOONPIG reserves wallet, signal commitment and attract attention. When Wynn speaks, traders listen, and his endorsements have already driven significant price action, with one instance sparking an 80% surge.
Community Strength: Wynn has emphasized $MOONPIG’s community-driven ethos, stating it “doesn’t need KOLs or BS” and thrives on organic support. In the meme coin space, strong communities can sustain momentum, as seen with tokens like CRYPTOCAP:PEPE , which Wynn also supports.
Market Timing: With Bitcoin hitting new highs and retail interest flooding back into crypto, $MOONPIG is well-positioned to ride the wave. Wynn’s thesis that retail investors will soon pour into altcoins aligns with current market sentiment, making $MOONPIG a potential beneficiary.
Speculative Upside: Meme coins thrive on hype, and $MOONPIG’s low market cap relative to its potential—analysts like @KookCapitalLLC
speculate a $1 billion valuation—offers significant upside for early investors. Even after recent pullbacks, the coin’s volatility suggests opportunities for traders who can stomach the risk.
XAUUSD (Gold) - ICT AnalysisI'm currently looking for higher levels on Gold,
after we reversed from a Daily IRL zone and printed a clear 1H structure shift.
Price just rejected from a 4H IRL, and my first target is the 4H ERL,
which is already marked on the chart.
Watching price action closely for continuation confirmation.
GBPUSD today should buy or sell?GBP/USD continues to build on its bullish momentum, reclaiming the 1.3100 level on Monday morning. The ongoing weakness of the U.S. dollar suggests that the path of least resistance for this pair remains to the upside.
The key monthly employment report is set to be released on Tuesday, followed by the latest consumer inflation data on Wednesday. In addition, investors this week will also face the release of U.S. monthly Retail Sales figures and pay close attention to a speech by Federal Reserve Chairman Jerome Powell — a speech that could play a crucial role in shaping the USD’s price dynamics. These events are expected to provide meaningful catalysts for the GBP/USD pair in the latter part of the week.