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Direction

Weekly XAUUSD Outlook | July 21–25GoldFxMinds | Structure-Based HTF Plan Hello traders, This week we’re back in key HTF territory. Price is compressing inside a premium structure zone, between clean supply and demand areas. Trend is still bullish, but momentum is weakening — so we focus on structure to guide us. 🟨 Weekly Bias: Neutral | Range Structure in Play We currently have no confirmed bullish or bearish bias on the weekly timeframe. Gold remains trapped in a macro range between: 🟥 Upper Resistance Zone: 3355–3380 🟦 Lower Demand Zone: 3280–3240 Last week’s movement created a wick grab near 3375 followed by a strong push down, but without a clean break of structure — meaning we’re still inside a distribution–accumulation trap. 📌 Until we see a clear breakout (above 3380 or below 3280), the weekly bias remains neutral. This is not a time to force directional trades on the weekly. Instead, we wait for Daily and H4 confirmation, and position ourselves around the edges of this weekly range. 🔹 Last Week Recap Weekly candle created a wick into 3377, rejecting just under previous week’s high. No BOS, no liquidity sweep with continuation — just a clear rejection inside supply, confirming premium trap. Weekly candle closed with a top wick and small body — price is compressing under resistance. Still bullish structure, but not impulsive. 🔹 Weekly Key Structure Zones 🔸 3365–3390 (Supply) → Reason: Rejection from prior weekly high (3377), aligned with clean OB and FVG left behind from June breakout. → Structure context: No bullish BOS above 3375. This is now an unbroken supply zone with strong wick rejections. Liquidity sits above. → Use: Wait for price to tap back in → look for M15–H1 reaction for possible sell if no BOS above 3390. 🔸 3430–3450 (Supply - Last Line) → Reason: Unmitigated impulsive candle OB from prior macro swing high. This zone marks the final structure before a full continuation toward new highs. → Structure context: If this breaks with a strong BOS, macro structure flips bullish again. → Use: Only engage if price clears 3390 with strong volume and closes → watch this for last reaction zone. 🔸 3285–3260 (Demand) → Reason: Last bullish OB + FVG combo from early July, unmitigated. Price never retraced to this base since the rally. → Structure context: No BOS down yet, so this is still valid bullish origin. → Use: If price pulls back aggressively this week, watch this zone for LTF confirmation (CHoCH or BOS bullish). This would be a clean discount buy. 🔸 3210–3180 (Deep Demand) → Reason: Higher timeframe CHoCH origin zone, aligns with Fibonacci 61.8% retracement from entire May–July swing. → Structure context: Only in play if 3260 fails and we get clean BOS down on Daily. → Use: This is your swing buy zone if market breaks structure lower. Strong confluence for reaction. 🔹 HTF Structure Recap Weekly trend: Still bullish (no BOS down), but compression under resistance Structure range: Between 3390 and 3260 — price inside premium, no breakout yet EMA Flow: Bullish but extended. Space for retracement. RSI: Divergence above 3350 — supporting possible retrace. 🔹 Macro Events This Week Tuesday: Powell speaks 🗣️ (volatility risk) Thursday: Flash PMIs (usually directional) Friday: Durable Goods & Home Sales 🏡 ⚠️ Be patient on high-impact days. Let price come into your marked zones — don’t chase inside noise. 🔹 Summary & Plan We are inside a macro range between 3390 (supply) and 3260 (demand). Structure is not broken — so we play both sides: Sell Setup: If price taps back into 3365–3390 with no BOS → watch for reaction Buy Setup: If price retraces into 3285–3260 → look for clean bullish CHoCH to validate Middle area = chop. Wait for price to get to structure zones — don’t guess. Thanks for reading 💛 We’ll drop daily and intraday outlooks once price moves closer to one of these structure zones. Until then: 🎯 Trade the reaction, not the prediction. 🔥 If you want these levels and sniper plans every day, follow , like 🚀🚀🚀 and drop a comment if you caught the move! Stay focused, stay sharp, and never force a trade. GoldFxMinds
TRADENATION:XAUUSD
by GoldFxMinds
Will Monday Bring a Breakout or a Correction?Last week was characterized by extreme volatility, with price movements reflecting significant reactions across different trading sessions. On Friday, the Asian session managed to push past the $3057 mark, only for early European trading to see a pullback. However, the US session reversed course, fueling a rally that extended until market close. Key Levels to Watch on Monday Looking ahead, the critical question is whether the Asian session can break above $3086, potentially paving the way for a push beyond $3100. If this breakout fails, we could see a price correction similar to Friday's, especially during European trading. At present, I'm taking a cautious approach, observing the market while many anticipate further upside. While momentum appears strong, I prefer to wait for clearer confirmations before making a move. Potential Scenarios Breakout Above $3086 A successful push above this level could signal continuation toward $3100+, reinforcing the bullish sentiment. Failure at $3086 – Potential Pullback If the market struggles to sustain levels above $3086, a decline to $3076 is likely. A break below $3076 could see further downside to $3067 and possibly lower. Technical Indicators & Market Sentiment RSI (1H): Currently at 52, indicating neutral momentum. RSI (4H): Around 90, showing overbought conditions—especially following the Asian session rally. Market Sentiment: Many traders expect an upward continuation, but caution is warranted given overbought signals and the possibility of a correction. External Factors: Tariffs & Global Trends As we approach April 2nd, when new tariffs take effect, global markets have been showing signs of weakness. Uncertainty persists, and with gold acting as a safe haven, investors may seek protection, adding another layer of complexity to Monday’s price action. Conclusion The start of the week will likely be dictated by whether the Asian session can achieve a breakout above $3086. If it does, bullish momentum could drive prices higher. However, failure at this level could result in a correction, with key support levels at $3076 and $3067 in focus. Given the broader market conditions and upcoming economic events, a cautious approach remains prudent. 📉 Will Monday bring a correction, or is there still room for another rally? Share your thoughts in the comments! 🚀 ------------------------------------------------------------------------- This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly. Good luck and safe trading! 🚀📊
OANDA:XAUUSD
by Wick-Sniper
BUT WHICH DIRECTION IS THE TREND HEADED?It's not a simple question and REALLY matters ALL of the time, so, finding a simple answer is a neat tool to have in the snuff-toolbox.. Here's the quickest, easiest down-n-dirry method for getting closer to an answer. If you look at the ranging areas of the chart. The in-between, sideways, messy, wish-it-didn't-exist areas and draw a rough shape tracing the progression, then you'll likely notice either a "U" shape or an "n" shape (not everywhere, but at least one prominent one per section/timescale). You'll know if when you see it. Keep practicing and don't force it. The U Shape can be reliably trusted to identify a Bullish trend, whilst the n Shape does the same when there's blood about. Sound silly, right.. But it works. And now you know..
Education
by Rebelmedia
EUR/USD - JUST A CORRECTION? The price unfolds as previously forecasted. Currently we finished 5 subwaves in the upside that formed the corrective Wave A, as part of the Wave 4 from the bigger 5 Waves on the downside now. We will expect the corrective Wave 4 to continue to unfold, before we can say for sure that the Wave 5 impulse started on the downside! See the chart for a more clear idea of what I'm talking about. Thank you! From a fundamental perspective, there are a number of factors that are weighing on the euro. The European Central Bank (ECB) is expected to keep interest rates low for the foreseeable future, which makes the euro less attractive to investors. Additionally, the eurozone economy is facing headwinds from the ongoing war in Ukraine and rising inflation. From a technical perspective, the EUR/USD pair is trading below the 200-day moving average, which is a bearish signal. The pair is also trading below the support level of 1.0832. If the pair breaks below this level, it could decline to the next support level of 1.0609. However, there are some technical indicators that suggest that the EUR/USD pair could be bottoming out. The Relative Strength Index (RSI) is approaching oversold levels, and the stochastic oscillator is crossing over from oversold territory. This suggests that the pair could be due for a rebound. Overall, the EUR/USD exchange rate is facing a number of headwinds from a fundamental perspective. However, there are some technical indicators that suggest that the pair could be bottoming out. Traders should closely monitor the price action in the coming days to see if the pair can break out of the current downtrend. I hope this post is helpful. This analysis represents only my personal thoughts and knowledge at the date it is posted. This analysis does not represent professional and/or financial advice. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content found on this profile before making any decisions based on such information. Any feedback is encouraged and appreciated. Thank you and have a nice day!
Short
by YExplore
My today idea of Gold's possible moves 07062023Gold prices fell at the end of last week’s trading to give up their intraday gains as a result of the rise in the US dollar after the US jobs data, which came in better than expected, witnessed the lowest level at $1944 per ounce, after recording the highest at $1982. Technically, gold prices begin to press on the pivotal support floor of 1945 located at the Fibonacci correction 50.0% as shown on the 4-hour chart, and we find continuous negative pressure from the simple moving averages that returned to pressure the price from above. With the return of trading stability below the main resistance of the current trading levels, 1977 correction of 38.20%, that increases the possibility of resuming the bearish trend, and we are waiting to witness a clear and strong break of the 1945 support level, which facilitates the task required to visit 1932, the first target, knowing that the official target for the breach of 1945 is located around 1918 and 1913 correction. . Rising again above 1977 nullifies the activation of the bearish scenario completely, and gold recovers, heading to re-test 1996 and 2000, respectively.
PEPPERSTONE:XAUUSD
by nasirdxb
DXY: PREPARE FOR THIS !!! Guys listen now, DXY is sitting on a veeery delicate level and any significant move will heavily determine the direction of every USD involved pair. So first let me put down the important indicators and levels: 1. On 103.800 lays Daily 50EMA right above the current price 2. On 104.100 lays Weekly 50EMA slightly above the current price -We can say that they are pretty damn close 3. Price is sitting on current major S/R zone 4. There is also 61.8 % fib level of previous leg After clearing this you see why the price is in a very tight zone so this week we will most likely see a breakout on either side so get ready because we might see some pretty good moves after that. So what's my POV: I expect to see a bullish breakout and continuation, because everything suggests that in my opinion. Of course we can see a bounce from the current level and continuation to the downside. I will make sure to update everything here ;)
TVC:DXY
by JivkoXristov
Current resolutionAside of the usual things ie waves & levels, being on a given resolution, mainly we are interested in the direction in which trading activity develops (so called, trend, gradient, slope etc). It is not exactly necessary if you follow a vehicle on every resolution, this way you always know the direction by simply understanding whether we are in low res buying wave or we are in low res selling wave. Still it's useful, especially for spotting in real time how the trading activity reverses, how a low res wave ends (or not) . All these higher high and lower lows, mark ups & mark downs, trend lines (omg), "value" moving up or down, it was all close but not exactly on point. A trend aka tendency has not much doing about movement per se, it's all about a certain sequence of events. After numerous logical experiments, you will arrive to the following minimalist understanding. First let's define 2 things: long event and short event. Long events: 1) a level gets positioned as support; 2) a resistance gets cleared; Short events: 1) a level gets positioned as resistance; 2) a support gets cleared; When you see a sequence of 2 unidirectional events in a row, it means you have a tendency = trend. 1) when you see multiple long events in a row (2 is enough), this is up trend; 2) when you see multiple short events in a row (2 is enough), this is down trend; 3) when there's no sequence, this is "everything else"; Everything else is in fact a loosely defined case. Yes by definition it's the iteration between long & short events, and it works well, however this kind of activity may 'invite" emergence of very short lived trends (2 unidirectional events). That tells us this: 1) While being in an up trend, levels are expected to be positioned as supports and then hold when approached by the exhausted selling waves. 2) While being in a down trend, levels are expected to be positioned as resistances and then hold when approached by the exhausted buying waves. 3) While being in a "everything else" situation. You expect an iteration of long & short events. There are clues that can help in dealing with "everything else" cases, provided by comparative analysis between positioned level and waves. Comparison between levels is made the same way as with waves. Best of 3: 1) Price: distance between front & back parts of a level. Narrower - stronger; 2) time: a level that formed later in time is always stronger; 3) volume: you compare the current amount of volume gathered & consumed during positioning & testing processes. Higher remaining volume - stronger level. This way you can take 2 levels and obtain a binary answer which level is stronger. Now, you can compare the current level (the last level that was positioned) and the previous level positioned in the opposite direction. While being in "everything else" situation, in general, that'll mean comparing a support below and resistance above. Prices tend t go where it's easier. Yet another thing you can do is to compare waves as explained in "Wave exhaustion", but this time you'll be comparing current wave and the previous wave in the opposite direction. While being in "everything else" situation, in general, that'll mean comparing the current wave with the previous wave, and that wave will have the opposite direction. Comparing these 2 waves, you'll now in which way the order flow is stronger. On the chart, you can see a red arrow, a bar that produced 2 short events in a row: positioning of 3896 as resistance and clearing the support at 3890. Btw, another thing you can do is comparing levels in the same direction while being in a trend. When the're such sequence that levels in the same direction become weaker and weaker, usually it means that the overall trend is loosing motive strength. That's the info you can gain being on a given resolution, without having any other data.
CME_MINI:ES1!Education
by gorx1
GOLD direction prediction and analysis.Here is my idea by using SNR and SND. (Only fresh break) Chart Pattern : Possible Head and Shoulder (HNS) If there is Double bottom formed on H1 for today then HNS is Possible targeting Resistance zone around 1806.00. Which also there is Supply order block. If the Supply exceed the demand in the zone then the next target possibly back to previous BUY ZONE. its just my analysis for direction using for scalping and intraday. Make sure to watch lower timeframe such as H1 and M30 for double confirmation on price reversal/rejection. Hope this would help and wish you have a nice trade day. :D
OANDA:XAUUSD
by RiqqiRider96
what tells the true story? is it volume? or is it wicks? here i break down the actual sentiment and how to look at price, if considering wicks you will start to get confused because you'll see most times wicks pierce the recent low or high. which is okay however, that doesn't mean that it broke structure (don't get me wrong, maybe on a different TF it did but this is where the confusion comes in). volume tells the real story on what price is doing. wicks just tells you where price went for the time being which creates the high or low of each day, 4h, 1hr, etc. so sticking to volume will help you find the direction of the market much clearer
KRAKEN:ADAUSD
by sakena24