Gold---sell near 3355, target 3330-3320Gold market analysis:
The gold buying and selling game in the past two days is quite fierce. The daily line is washed back and forth, with a combination of one Yin and one Yang. The upper and lower shadows of the daily line are relatively long. Yesterday, the daily line closed with a standard hammer candle pattern. After breaking the strong support of 3320, the price did not continue to fall, but bottomed out at 3308 and began to rise strongly, which eventually led to the short-term selling dream being shattered again. The daily line and K showed alternating conversions. The short-term trend is vague, but the long-term trend is still buying. This wave of repairs has the participation of fundamentals and the repair of gold itself. In the big cycle, it is difficult to form a daily selling trend without breaking the position of 3281. In addition, the fundamentals all support gold. I think the possibility of a deep fall in gold in the near future is very small. We are just a follower. In the short term, we focus on the intraday trend to operate. Yesterday, the daily line had a tail, and the possibility of continuing to fall today is small. Let's look at the repair rebound in the Asian session first. The first suppression position for buying rebound is around 3357. This position is also a form suppression and an indicator suppression. The other suppressions are around 3366 and 3377. Note that gold is not unilateral. When encountering great pressure, we must also consider selling opportunities. Today, I think it will rebound first and then fall back.
Support 3327 and 3320, strong support 3308, pressure 3344.3357.3366.3377, and the strength and weakness dividing line of the market is 3340.
Fundamental analysis:
There are not many fundamentals this week. The data released yesterday still suppressed gold as a whole, but the gold tail market still bottomed out and rebounded.
Operation suggestions:
Gold---sell near 3355, target 3330-3320
Goldsell
XUA/USD) Bearish Analysis Read The captionSMC trading point update
Technical analysis of XAU/USD (Gold vs USD) on the 1-hour timeframe. Here's a breakdown
Technical Analysis Summary
1. Descending Channel:
The price is moving within a clear descending channel, indicating a bearish market structure.
Recent price action rejected the upper boundary of the channel, strengthening the downtrend bias.
2. Resistance Rejection:
A key resistance level around 3,340–3,345 was retested (marked with a red arrow) and rejected.
Price has already shown early bearish candles post-rejection, suggesting weakness at that level.
3. 200 EMA (Exponential Moving Average):
Price is currently hovering around the 200 EMA, and a clean break below it could accelerate the bearish move.
4. RSI Indicator:
RSI is around 46, below neutral 50, showing bearish momentum is building but not yet oversold.
No divergence is present, supporting the idea of continuation.
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Bearish Playbook
Entry Idea: After the rejection at the resistance zone and confirmation of lower highs.
Target: 3,313 – 3,310 zone (marked as the “key support level” and “target point”).
Risk Management: A stop loss above 3,345 (above the resistance zone) would be a prudent protection level.
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Confluences Supporting the Short Setup:
Rejection at horizontal resistance.
Alignment with the descending trendline/channel.
Price trading near or below the 200 EMA.
RSI slightly bearish.
Caution:
Watch out for any macroeconomic news or high-impact events (highlighted with the economic event icons) that could inject volatility.
A strong break back above the resistance could invalidate this bearish setup.
Mr SMC Trading point
Conclusion:
This setup anticipates a bearish continuation targeting the 3,310 support zone. Ideal for short-term traders looking for downside opportunities, provided price respects the trend and fails to reclaim the resistance.
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Gold prices are on the rise again!Market news:
In the early Asian session on Friday (July 18), spot gold fluctuated in a narrow range and is currently trading around $3,336 per ounce. London gold prices staged a thrilling "deep V" market yesterday, hitting a daily low of $3,309 during the session and recovering to 3,339 at the end of the session. Strong US retail sales and employment data drove the dollar to rebound and US Treasury yields to rise, putting pressure on interest-free assets such as gold. Despite this, geopolitical tensions and rising tariff risks are still providing bottom support for the gold market. The international gold market is currently in a multi-game of Fed policies, US economic data, US dollar trends and tariff policies. The Fed's position of postponing interest rate cuts, strong retail and employment data, and the rise in the US dollar and US Treasury yields have suppressed gold prices in the short term. This trading day needs to pay attention to the preliminary value of the University of Michigan Consumer Confidence Index in July and US real estate market data, pay attention to the G20 Finance Ministers and Central Bank Governors Meeting hosted by South Africa, and pay attention to news related to the international trade situation.
Technical Review:
Gold closed with a small positive line with a long upper shadow yesterday. Although it ended the continuous negative trend, it still faced sideways resistance below 3374, and the overall market still needs to be treated as a shock consolidation. From a large cycle perspective, gold has entered a convergent triangle consolidation phase of nearly three months. Among them, the lower track support line gradually moved up to above 3310. The support strength of this position continues to increase as the consolidation time lengthens. If the price touches or approaches this point, you can decisively try to buy the bottom layout.For two consecutive trading days, gold has been consolidating in a larger range of 3377/3310, and finally closed at the starting point of the daily Bollinger band middle track at the end of the trading day. Gold returned to the middle axis of the range at 3340. The daily chart Bollinger band middle track, the RSI indicator middle axis flattened, the four-hour chart hourly chart Bollinger band middle track, and the RSI indicator neutral middle axis. On Friday, the layout of the day will still be based on a wide range of fluctuations. Look at the 3320/3360 range first. Alternating buying and selling cycles, large range of wide fluctuations!
Today's analysis:
In the past two days, gold has always risen in the US market due to news. Last night, Trump called on the Federal Reserve to cut interest rates, and gold rose again. However, judging from the recent market, the market stimulated by the news is still unsustainable. Since gold has rebounded now, gold will continue to sell at a high level in the early trading.
Excluding yesterday's market affected by Trump, the gold price operation pattern this week is close to perfect, and it has been steadily operating under the suppression of the downward trend line. Therefore, the market has given a clear direction. It is OK to sell when the Asian market rebounds to the pressure level. Gold is still in a fluctuating downward trend in 1 hour!
The downward trend resistance of gold has moved down to around 3350. Before gold effectively breaks through 3350, gold is under pressure at 3350 and continues to sell at high prices. Today, Friday, the probability of gold having a big market is relatively high, and if there is a big market on Friday, it is basically weak throughout the day. If it is strong, it is strong throughout the day. As long as gold continues to be weak in the European market, it is likely that gold will continue to fall today.
Operation ideas:
Buy short-term gold at 3317-3320, stop loss at 3308, target at 3340-3360;
Sell short-term gold at 3352-3355, stop loss at 3364, target at 3330-3310;
Key points:
First support level: 3323, second support level: 3310, third support level: 3290
First resistance level: 3348, second resistance level: 3360, third resistance level: 3377
Long and short fluctuations, the market is waiting for a break📰 News information:
1. Powell responds to White House issues
2. Will other countries impose reciprocal sanctions on tariffs?
📈 Technical Analysis:
Although the MACD indicator of the gold hourly line formed a golden cross, the market reached a high of around 3361, and the RSI indicator was close to the overbought area, so we need to be cautious about corrections. From the 4H chart, the MACD second golden cross is on the zero axis. Currently, we are paying attention to the moving average SMA5 near 3343, and the SMA60 support line 3332. If the 4H upward trend falls back, we need to go long. At present, gold is still running above, and there is no good participation point in the short term, but on the whole, we should pay attention to the support of 3345-3332 below, and we can consider going long if it retreats and stabilizes. We continue to pay attention to the resistance pressure of 3375-3385 above, and we can try to go short if it does not break.
🎯 Trading Points:
SELL 3375-3385
TP 3365-3355
BUY 3345-3332
TP 3365-3375-3385
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
FXOPEN:XAUUSD OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD TVC:GOLD
XAUUSD (GOLD) POTENTIAL SELL IDEAGold after hitting 3500 level, has kind of been ranging between 3200 and 3450 level. As we can say that Monday as start of the week has taken a Buyside Liquidity maybe making it high of the week which we will know as the market unfolds itself.
A FVG was formed on 1H before the Buyside was taken and after taking BSL, price sliced through FVG making it IFVG, we can expect Gold to give us a sell trade as it enters this IFVG which will be our first potential entry, placing SL slightly above Buyside Liquidity level.
If our first entry is successful, we can see a second entry when the price slices through the 4h FVG as marked, making it again an IFVG targeting the levels as highlighted on the chart.
FIRST POTENTIAL ENTRY:
Sell @ 3360-3365
Stop loss = 3385
Take Profit = 3335 (Target 1), 3310 (Target 2), 3390 (Target 3)
SECOND POTENTIAL ENTRY:
Sell @ 3340-3345
Stop loss = 3367
Take Profit = 3335 (Target 1), 3310 (Target 2), 3390 (Target 3)
XAU/USD) bearish Trend Read The captionSMC trading point update
Technical analysis of XAU/USD (Gold Spot vs US Dollar) on the 1-hour timeframe. Here's a breakdown
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Technical Breakdown:
1. Descending Channel:
Price is trading within a clearly defined downward-sloping channel (black trendlines).
This suggests a short-term bearish trend.
2. Resistance Zone (Yellow Box at 3,335–3,340):
Price recently rejected from this resistance area.
This zone aligns with both the 200 EMA and previous structure, strengthening its validity.
3. EMA Confluence:
The 200 EMA (3,336.798) is acting as dynamic resistance.
Price is currently below the EMA, confirming the bearish bias.
4. Support/Target Zone:
The projected target zone is around 3,313.266, labeled as a support level.
This level has acted as previous structure support, increasing its significance.
5. RSI Analysis:
RSI is at 37.18, close to the oversold region, but not yet fully exhausted.
Suggests there’s still room for a downside move before any potential bounce.
Mr SMC Trading point
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Trade Idea Summary:
Bias: Bearish
Entry: Below the resistance zone (~3,335–3,340)
Target: 3,313 (support zone)
Invalidation: Break and hold above 3,340–3,345
Risk Note: Watch for potential consolidation or fakeouts before continuation.
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Gold----Sell near 3357, target 3330---3320Gold market analysis:
Yesterday's gold daily Asian session was still a normal shock drop. We sold at 3340 and 3341 twice to 3322 to make all profits. 3320 is the previous low point and the moving average support position. This position is also a strong support today. Yesterday, the Trump and Powell incidents made gold strongly rise to around 3377. In addition, the Middle East bully bombed Syria again, which is also the main reason for the surge in gold. However, the fundamentals are only short-lived. In the end, the gold daily line closed positive, but closed with a super long upper shadow line. Selling is still not dead. Today's gold buying and selling have opportunities, and the possibility of a direct decline is small. I estimate that the Asian session will be repaired, and our ideas for buying and selling in the Asian session can be intercepted. If it breaks 3320, consider chasing and selling again, which means that selling has started again.
The highest rebound in the Asian session was around 3352, and the highest position in 1 hour was around 3357. Today's small suppression in the white session is 3357. The following support focuses on two positions, one is 3320, and the other is 3330. I estimate that the fluctuation range of the Asian session is 3320-3357. Let's observe and wait for the position in the Asian session.
Pressure 3352 and 3357, strong pressure 3366, support 3320 and 3330, and the watershed of strength and weakness in the market is 3350.
Fundamental analysis:
Trump's dissatisfaction with Powell has not been a day or two, and the conflict is inevitable. The impact on gold is also short-term. Yesterday's pull-up and dive is a case in point.
Operation suggestion:
Gold----Sell near 3357, target 3330---3320
NordKern - XAUUSD InsightNordKern | Simplified Insight OANDA:XAUUSD Short Opportunity Ahead
Gold saw a sharp surge in price today, primarily driven by political headlines that temporarily shook market sentiment. To be specific:
📅 Jul 16, 2025 – 16:56 CET
CBS Reports: Trump asked Republican lawmakers whether he should fire Fed Chair Jerome Powell. This headline alone triggered an intraday spike of +$52/oz in gold as markets priced in increased macro and institutional risk.
As previously stated "Context Matters."
While the President cannot remove the Fed Chair without cause, even the suggestion introduces uncertainty and undermines confidence in the Fed’s independence especially ahead of a high-stakes election cycle.
However, further developments quickly followed: 📅 Jul 16, 2025 – 17:58 CET
Trump: “Firing Powell is highly unlikely.” 📅 Jul 16, 2025 – 18:06 CET
Trump: “Reports on me firing Powell are not true.” With this clarification, the initial rally appears overstretched and sentiment-driven, leaving room for a corrective pullback as the market digests the full picture.
Trade Setup - Short Bias
Parameters:
Entry: 3356.40
Stop Loss: 3690.30
Take Profit: 3322.00
Key Notes:
- The spike was headline-driven and not supported by policy shift or macro data.
- Trump’s denial removes much of the political risk premium that had been briefly priced in.
- Watch for momentum fading near resistance and confirmation via intraday structure.
This remains a tactically driven setup. Manage risk appropriately and stay alert for any renewed political developments.
Gold price fluctuates! Gold operation guide!Market news:
In the early Asian session on Thursday (July 17), spot gold fluctuated in a narrow range and is currently trading around $3,341 per ounce. Rumors that Trump plans to fire Federal Reserve Chairman Powell caused violent market fluctuations. The US dollar once plummeted, and then narrowed the decline; while the London gold price gave up most of its gains after soaring. If Powell is fired in advance, it may be unfavorable to the US dollar, because it will shake the outside world's confidence in the US financial system and the safe-haven status of the US dollar.
Trump's repeated statements have caused the international gold price to experience violent fluctuations in a short period of time. The market's concerns about the independence of the Federal Reserve have become an important driving force for the rise in gold prices. However, geopolitical tensions still support gold prices. Israel launched an airstrike on Damascus, Syria on Wednesday, destroying the Ministry of Defense building, which is very close to the Syrian presidential palace. Trump's trade policy has further injected uncertainty into the gold market.
Technical Review:
The news that Trump's big mouth "considered replacing Federal Reserve Chairman Powell" caused violent fluctuations in the financial market. Although the storm subsided after Trump's denial, Wall Street has sounded the alarm. Rumors that Trump will fire Powell caused market volatility, and the US dollar index plunged and closed down 0.36% during the session. Spot gold was on a roller coaster ride, rising sharply from 3320 to 3377 in the late trading, then plunged back to 3336 and then rose again to 3357 before closing sideways around the 3350 mark.Technical daily chart structure alternates between positive and negative cycles to maintain the adjustment of the Bollinger band middle track, the indicator is neutral, the Bollinger band closes, and the RSI indicator is flat. The four-hour chart and hourly chart indicators are neutral. Affected by market news, the gold price alternates between long and short cycles and fluctuates widely, the moving average is glued, the RSI indicator middle axis is flat, and the Bollinger band is flat and closed. Gold maintains a wide range of fluctuations, selling at high prices and buying at low prices.
Today's analysis:
The gold market last night was quite exciting. In the middle of the night, Trump claimed that he would fire Powell. After the news came out, gold soared by more than 50 US dollars in a short period of time, but the market was only controlled by emotions in a short period of time. After all, the chairman of the Federal Reserve is independent, and Trump cannot have the right to fire Powell. Once the emotions passed, although gold fell sharply, it also pushed up the trend of gold prices to a certain extent! At present, after the strong rise of gold in 1 hour, it quickly fell back and closed with a long upper shadow line. The change in gold buying did not successfully stabilize. Then this market is actually a kind of catharsis of the news. The confidence of gold buying in directly rising again is not very sufficient. The gold 1-hour moving average is still in the form of dead cross selling. So gold rebounds or continues to sell.The gold 1-hour pattern excludes the influence of the upper shadow line stimulated by yesterday's news. In fact, the whole rhythm is still fluctuating and falling. The upper shadow time is not long, and it is probably just a temptation to buy. After the ups and downs of gold last night, it rebounded again to the 3360 line or continued to fall under pressure. So gold continued to rebound under pressure and continued to sell at high prices below 3360.
Operation ideas:
Buy short-term gold at 3325-3328, stop loss at 3317, target at 3350-3370;
Sell short-term gold at 3357-3360, stop loss at 3368, target at 3340-3320;
Key points:
First support level: 3330, second support level: 3319, third support level: 3303
First resistance level: 3358, second resistance level: 3370, third resistance level: 3386
XAUUSD Trade Setup: Buying Opportunity at 3,322 Support ZoneGold (XAUUSD) is currently testing a critical support zone between 3,322 and 3,323 USD. This area represents a confluence of the previous swing low and the 0.618 Fibonacci retracement level, which is historically known to trigger technical bullish reactions. If a confirming signal appears on the H1 chart, this may offer a favorable short-term buy opportunity.
Trade setup details:
Entry (Buy limit): 3,323 – 3,322 USD
Stop loss: below 3,318 USD
Take profit: 3,331 – 3,340 USD
Risk-to-reward ratio: approximately 2:1
Technical rationale for the trade:
The 3,322 level has acted as a strong support in recent price structure
Aligns with the 0.618 Fibonacci retracement, often seen as the last line of defense in bullish setups
RSI on the lower time frame is nearing oversold, signaling potential bullish momentum
Risk management notes:
If price closes below 3,318 USD, the long idea becomes invalid
Best entries should be supported by price action signals such as pin bar, bullish engulfing, or other reversal candles near support
Conclusion: A buy position in the 3,322 – 3,323 USD zone presents a reasonable strategy as long as the support holds. If bullish reaction occurs, price may revisit the 3,340 resistance area in the short term.
Save this strategy if you find it useful, and stay tuned for more real-time trade ideas and insights.
Trump's five major factors! Will gold continue to rise?The past six months may have been dizzying, but a clear theme has emerged since U.S. President Donald Trump returned to the White House: It’s good news for the gold market.
Although gold prices broke through $3,500 an ounce nearly three months ago, setting a new record high, five key factors that have emerged since the start of Trump’s second term are likely to continue to support gold prices in the coming months. These factors may even prove that the precious metal is becoming a core asset class in investors’ portfolio strategies.
David Miller, co-founder and chief investment officer of Catalyst Funds, said that as the market enters the third quarter, gold remains a standout asset class that “provides both a hedge against the potential risks of geopolitical conflict and a break from the erosion of fiat currencies.”
The first key factor supporting gold is demand from central banks, which indicates that the market has weakened confidence in the U.S. dollar. Miller pointed out in emailed comments that central bank demand is surging, and the BRICS countries, especially China and India, are accelerating the accumulation of gold reserves “as part of a broader de-dollarization strategy.” According to a report released by the World Gold Council on Wednesday, the People’s Bank of China’s official gold holdings have climbed for eight consecutive months.
David Russell, head of global market strategy at TradeStation, said the global tariffs threatened and implemented by Trump have accelerated the "de-dollarization process." De-dollarization refers to efforts by some countries to reduce their reliance on the U.S. dollar as a reserve currency.
"Trade is becoming less dependent on the U.S. end market and less dependent on the dollar. This is more like the 19th century than the era after World War I and World War II," Russell said in emailed comments. "This trend back to the old model is creating structural demand for gold after decades of neglect. Fiat currencies are in decline," he added.
Russell also said the decline in the credit quality of developed country governments, such as the United States, is also a major concern for the market. "We have lost our AAA rating from the three major rating agencies because of growing deficits and looming pressure on unfunded liabilities such as Social Security," he said, referring in part to Moody's downgrading its top credit rating for the United States in May. "After decades of procrastination, we are running out of ways to go."
That said, trade policy is a third factor affecting gold. Russell said that "large budget deficits or increased tariffs" would reduce demand for U.S. Treasuries, supporting gold prices.
With both 2-year and 10-year Treasury yields falling so far this year and real rates under pressure from inflation, "the opportunity cost of holding gold is falling," noted Catalyst Funds' Miller. That's leading to a fourth potential support for gold -- a resurgent interest in gold exchange-traded funds and other alternatives.
In the first half of 2025, North America led the growth in global gold ETF inflows, according to the World Gold Council. Global physically-backed gold ETFs saw inflows of $38 billion in the first half of this year, marking the strongest half-year performance since the first half of 2020, according to the World Gold Council.
Finally, from a technical perspective, gold prices have held above $3,250 an ounce for much of June, Miller said. That shows signs of "a potential breakout as equity market volatility returns," he said. Gold for August delivery closed at $3,359.10 an ounce on Wednesday.
“Gold is not just a crisis hedge, it is becoming a core asset class in modern portfolio strategies.” Miller said that the current macroeconomic environment “justifies a meaningful allocation to gold and gold-related strategies.”
He said: “The combination of fragile stock market sentiment, uncertain policy direction and structural macro headwinds reinforces our view that gold is not just a crisis hedge, it is becoming a core asset class in modern portfolio strategies.” PEPPERSTONE:XAUUSD ACTIVTRADES:GOLD ICMARKETS:XAUUSD ACTIVTRADES:GOLD EIGHTCAP:XAUUSD VELOCITY:GOLD
Gold market price trend analysis and operation strategyGold trend analysis:
Gold reached a high of 3366 yesterday, a low of 3320, and closed at around 3325. From the daily chart, the performance of the daily cycle is high and closed negative, and it may not be able to go out of the big rise in the short term. Gold will fall into range fluctuations. The rise of gold in this cycle has not actually been completed. At least it needs to go to the high point of 3400, and then look at the adjustment space within the week, but don’t look too much at the strength of the rise. The general trend is bullish, and we must also beware of the adjustment space that may fall back at any time. Gold tried 3375 several times yesterday and failed to break through, and then fell back for adjustment, indicating that the pressure on 3375 is obvious, that is, gold needs to fall back and correct in the short term. At this time, we are cautious about chasing more and continue to buy more after falling back.
From the 4-hour chart, gold rose and fell yesterday, and the bearish trend did not continue. Gold entered a period of adjustment. From the current K-line, the downward momentum of gold is slowing down, and it tends to rebound in the short term. In the 4-hour chart, the lower track support of the Bollinger Band is near 3320, and the position of the middle track of the Bollinger Band is near 3345, which will form a short-term resistance. From the 1-hour chart, after yesterday's drop to 3320, it was strongly supported again and pulled up to above 3330. The support below is still strong. If the European session rises and breaks through 3350 today, the US session may go to the resistance of 3365-3375. Before breaking through 3350, the current market can only be regarded as a bottom adjustment and correction. Today, we will first focus on the rebound strength. If the upward momentum weakens, pay attention to the support of 3310-3300 below, and wait for the decline to be mainly low-multiple. In the short term, we will first focus on the breakthrough of the shock range. The intraday idea is to fall back to low-multiple. FX:XAUUSD ACTIVTRADES:GOLD OANDA:XAUUSD TVC:GOLD EIGHTCAP:XAUUSD ACTIVTRADES:GOLD
How to operate the gold market opening next MondayAnalysis of gold market trends next week:
Analysis of gold news: Spot gold fluctuated and rose in a narrow range during the U.S. market on Friday (July 18), and is currently trading around $3,354.05 per ounce. On Thursday, spot gold staged a thrilling "deep V" market. Under the dual stimulation of the U.S. retail sales data in June exceeding expectations by 0.6% and the number of initial jobless claims falling to 221,000, the U.S. dollar index once soared to a monthly high of 98.95, instantly suppressing spot gold to an intraday low of $3,309.82 per ounce. But surprisingly, the gold price then rebounded strongly and finally closed at $3,338.86, down only 0.25%. This "fake fall" market reveals the deep contradictions in the current market-although economic data temporarily supports the strengthening of the U.S. dollar, investors' concerns about inflation caused by tariffs are forming a "hidden buying" of gold. The joint rise of the U.S. dollar and U.S. bond yields did suppress gold prices, but strong takeover orders emerged in each falling window. Behind this phenomenon, smart money is quietly making plans. When the 10-year U.S. Treasury yield climbed to a monthly high of 4.495%, gold refused to fall further. This divergence suggests that the market has serious differences on the direction of the Fed's policy.
Technical analysis of gold: After the opening yesterday, gold continued to fall slowly, and the negative impact of the unemployment data in the U.S. market further suppressed the bullish momentum. The lowest price in the U.S. market reached 3310, and the cumulative decline for the whole day exceeded 30 US dollars. But the key is that gold rebounded again at midnight, forming a wide range of fluctuations on Thursday, which was completely in line with expectations. The 3310 bottom-picking and long-term strategy given during the session successfully captured large profits in the band. This trend once again verified the core judgment of this week: gold is in a high-level fluctuation dominated by a bullish trend, and the practical value of this view continues to highlight. After clarifying the current dual attributes of "bullish trend + volatile trend", Friday's trading needs to focus on the effective profit space within the range. It is expected that the 3375-3310 large range will be difficult to break this week, and the small range can be locked at 3355-3320. Before the range is broken, high-selling and low-buying operations can be performed.
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The technical side shows that the daily line and the 4-hour Bollinger Bands are closed synchronously. At this time, there is no need to worry about the direction, and effective trading can be achieved by keeping a close eye on the range boundary. It is worth noting that the 4-hour moving average system has obvious upward divergence characteristics. Continuing the rebound momentum at midnight on Thursday, gold still has room to rise today, and the upper target is 3360-3365. The small cycle support is clear: 3330 and 3320 are not broken, both are good opportunities for long positions. During the US trading session, it is necessary to pay attention to the breaking of the 3365 and 3375 resistance levels: if the pressure is not broken, there will be room for a decline, and short-term short positions can be tried. On the whole, Charlie suggests that the short-term operation strategy for gold next week should focus on buying on pullbacks and buying on dips, supplemented by rebounds and selling on highs. The short-term focus on the upper side is the 3375-3385 line of resistance, and the short-term focus on the lower side is the 3340-3330 line of support. FX:XAUUSD ACTIVTRADES:GOLD VANTAGE:XAUUSD TVC:GOLD ICMARKETS:XAUUSD CMCMARKETS:GOLD SAXO:XAUUSD
Gold trend analysis and latest exclusive operation suggestionsTechnical analysis of gold: After the opening yesterday, gold continued to fall slowly. The negative impact of unemployment data in the US market further suppressed the bullish momentum. The lowest price in the US market reached 3310, and the cumulative decline for the whole day exceeded 30 US dollars. But the key is that gold in the New York market rebounded again, forming a wide range of fluctuations on Thursday, which was completely in line with expectations. The 3310 bottom-picking and long-term strategy given during the session successfully captured large profits in the band. This trend once again verified the core judgment of this week: gold is in a high-level fluctuation dominated by the bullish trend, and the practical value of this view continues to highlight. After clarifying the current dual attributes of "bullish trend + oscillating trend", Friday's trading needs to focus on the effective profit space within the range. It is expected that the 3375-3310 large range will be difficult to break during the day this week, and the small range can be locked at 3355-3320. The high-selling and low-buying operations can be performed before the range is broken.
The technical side shows that the daily line and the 4-hour period Bollinger band are closed simultaneously. At this time, there is no need to worry about the direction, and effective trading can be achieved by keeping a close eye on the range boundary. It is worth noting that the 4-hour moving average system has obvious upward divergence characteristics. Continuing the rebound momentum of the New York market on Thursday, gold still has room to rise today, and the upper target is 3360-3365. The small cycle support is clear: 3330 and 3320 are not broken, both are good opportunities for long positions. During the US trading period, we need to pay attention to the breaking of the 3365 and 3375 resistance levels: if they are under pressure and not broken, there will be room for a fall, and you can try short-term shorting. Overall, Charlie recommends that the short-term operation strategy for gold today is mainly to step on the low and long, supplemented by the rebound high. The short-term focus on the upper side is the 3375-3385 resistance, and the short-term focus on the lower side is the 3345-3335 support. PEPPERSTONE:XAUUSD VELOCITY:GOLD EIGHTCAP:XAUUSD ACTIVTRADES:GOLD EIGHTCAP:XAUUSD CMCMARKETS:GOLD EIGHTCAP:XAUUSD
Gold rebounded and shorted in the New York market.Trump's recent remarks about "possibly firing Fed Chairman Powell" triggered risk aversion in the market, and gold once surged to $3,377, but then Trump denied the plan and gold prices fell back to fluctuate in the 3,340-3,350 range; the U.S. PPI in June was flat month-on-month, lower than expected, easing market concerns about the Fed's immediate tightening of policy, but long-term inflation expectations still support gold; Israel's air strikes on Syria have exacerbated tensions in the Middle East, and safe-haven demand has boosted gold; Trump threatens to impose tariffs on the EU, and global trade uncertainty still supports gold's safe-haven properties; gold fluctuated and fell today. After yesterday's big rise, gold gradually fell today. Today, gold fluctuated weakly, and the 4-hour moving average crossed downward. The gold price gradually moved toward the lower Bollinger band, and the Bollinger band opened downward. The trend is more bearish. In terms of operation, we recommend that gold rebound and go short. FOREXCOM:XAUUSD ACTIVTRADES:GOLD FXOPEN:XAUUSD ACTIVTRADES:GOLD VANTAGE:XAUUSD CMCMARKETS:GOLD VANTAGE:XAUUSD
Gold Rejects Resistance Again – Gold Rejects Resistance Again ?Gold is currently trading near $3,335, showing signs of exhaustion after a failed breakout above the recent consolidation range. The market attempted to push higher but lacked strong momentum, leading to a pullback and possible shift in bias. The price is forming lower highs, indicating bearish pressure building up on the 4H timeframe. Gold is showing weakness after a second breakout followed by a possible retest failure. The market structure indicates a bearish bias
🔍 Market Structure Overview:
- Two Breakouts: Price attempted two bullish breakouts recently. The first breakout gained some traction, while the second failed to hold above resistance.
- Failed Retest: Price has now returned back near the previous breakout zone (~$3,332), signaling a potential bearish reversal pattern.
- The chart structure suggests a distribution phase, with price struggling to hold gains, and sellers slowly gaining control.
🧭 Key Support and Resistance Levels:
✅ Resistance Zones:
- $3,337.54 – Immediate resistance (recent rejection zone)
- $3,348.03 – Strong resistance if price pushes above $3,337
- $3,412.76 – Major resistance from previous swing high
- $3,490.40 – Long-term psychological resistance
🔻 Support Zones:
- $3,318.94 – Immediate support (just below current price)
- $3,303.46 – Key fib retracement (0.382 level)
- $3,248.28 – Strong horizontal support (major zone)
- $3,193.11 – Fibonacci extension level (-0.382)
- $3,159.02 – Next support zone (Fibo -0.618 level)
🟠 Current Bias:
Bearish to Neutral – as long as price remains below $3,337.
If price breaks and holds above $3,337 with volume, short-term bullish reversal is possible.
Yeterday there was a fake news and gold was pumped but after clarification it was dumped. It means buyers are not much interested till fed next meeting and the high price of the gold. Sellers will short the gold on every rise while buyers will wait for low price of the gold for long term trade.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
XAU/USD(20250717) Today's AnalysisMarket news:
The annual rate of PPI in the United States in June was 2.3%, lower than the expected 2.5%, the lowest since September 2024, and the previous value was revised up from 2.6% to 2.7%. Federal Reserve Beige Book: The economic outlook is neutral to slightly pessimistic. Manufacturing activity declined slightly, and corporate recruitment remained cautious.
Technical analysis:
Today's buying and selling boundaries:
3348.05
Support and resistance levels:
3405
3383
3369
3326
3312
3290
Trading strategy:
If the rise breaks through 3348, consider entering the market to buy, the first target price is 3369
If the fall breaks through 3326, consider entering the market to sell, the first target price is 3312
The rebound is not a reversal, continue to shortGold showed a trend of rising and falling back and closing low on Tuesday. The highest intraday rise was 3366, and the lowest fell to 3320. The daily line recorded a medium-sized Yin line with a long upper shadow. The K-line was negative, and the closing line broke the resonance support of the middle track and the short-term moving average, suggesting that the bullish momentum has slowed down and the bears are ready to move. Today, we need to pay attention to the further downward performance of gold. From the 4H level, the price stood firm at the four-hour resistance position last Thursday, and then rebounded upward in the short term. Yesterday, the price fell below the daily support level. Currently, the short-term market is bearish, and attention is paid to the resistance in the 3340-3345 range above. In the one-hour period, the price is in short-term shock adjustment. On the whole, it will be treated as a shock decline before breaking yesterday's low, and the lower side pays attention to the 3225-3320 area support. In the short term, you can consider shorting at 3340-3350 in the European session, and look towards 3330-3320
OANDA:XAUUSD
Gold Holds Key Support Zone📊 Market Summary
– Gold is currently trading at $3,338/oz, hovering near a key technical support level.
– US Treasury yields remain elevated and the USD is strong, both pressuring gold; however, ongoing concerns over US–EU/Mexico trade tensions continue to support safe-haven demand.
– The market is awaiting the upcoming US PPI data to determine the next directional move.
📉 Technical Analysis
• Key Resistance: $3,372 – $3,375 (23.6% Fibonacci zone – short-term ceiling)
• Nearest Support: $3,338 – $3,330 (tested and bounced at 3,338 per Oanda); deeper support at $3,325 – $3,320 if broken
• EMA 9: Price is below the MA20/50/100 but above MA200 (H1); EMA9 is flat, suggesting a sideways/consolidation trend
• Momentum / Indicators:
• RSI around 44–52 – neutral to slightly bullish
• MACD slightly positive; Stochastic above 50, hinting at short-term overbought conditions
📌 Outlook
– Gold is holding above the 3,338–3,330 support zone. If this level holds and rate-cut expectations strengthen, the price may rebound toward 3,372–3,375.
– However, if the USD continues to strengthen and PPI/CPI data surprises to the upside, gold could break support and head lower toward 3,325–3,320.
💡 Trade Strategy Proposal
🟣 SELL XAU/USD at 3,372 – 3,375
🎯 TP: ~ 40 / 80 / 200 pips
❌ SL: ~ 3,378
🟢 BUY XAU/USD at 3,330 – 3,333
🎯 TP: ~ 40 / 80 / 200 pips
❌ SL: ~ 3,327
Gold Trade Update: Another Win & What's Next!Hey Fellow Traders! 👋
What a week for Gold! On Monday, I shared my Gold analysis and trade idea, pinpointing a key 1H FVG zone. And guess what? The trade played out perfectly! 🎉 The price dropped ~400 pips from our highlighted area with a tiny drawdown of just 30-40 pips. We smashed Target 1 (TP1), and the market even pushed beyond it! 🙌 Huge congrats to everyone who jumped on this trade! 💰
📈 What's Happening Now?
The price action is heating up! Gold has broken through the 4H FVG, which now acts as an IFVG. The price has retraced almost perfectly to this IFVG, triggering our second layer of entry. 🚦 This is a prime setup, and we’re eyeing TP1 again—and potentially beyond! 🌟
💡 What's the Plan?
Entry: Triggered at the IFVG retracement.
Target: Aiming for TP1, with room for more upside.
Stay sharp and manage your risk—let’s keep those drawdowns tight!
🗣️ Join the Conversation!
What did you think of this move? Did you catch the Gold trade? Drop a comment below, give this post a LIKE 👍, and FOLLOW for more trade ideas and updates! Let’s keep the momentum going and crush it together! 💪
#TradingView #Gold #PriceAction #TradingSuccess
Gold (XAU/USD) Trading Analysis for July 16Support Zone: The market has found support around the 0.5 Fibonacci retracement level at 3,333.58. This could be a potential entry point for a long trade if the price bounces here.
Resistance Zone: The price action is approaching the 3,345.18 level, with a strong resistance around that zone. If the price breaks above this resistance, we could see further upward movement.
Price Action: We can observe an initial bullish movement followed by a correction. The price is currently in an uptrend, forming a series of higher lows and higher highs.
Fibonacci Levels: The 0.5 level at 3,333.58 has already acted as a support zone, and if the price retraces back here, this could be a good opportunity to enter long positions. The 0.618 level at 3,336.32 serves as a key resistance point. If price breaks above this level, it could indicate a continuation of the bullish trend.
Bullish Scenario (Long Entry): If the price retraces back to the 3,333.58 area (0.5 Fibonacci level) and shows signs of support (such as bullish candlestick patterns), consider entering long with a target at 3,345.18.
Bearish Scenario (Short Entry): If the price fails to break above 3,345.18 and forms a reversal pattern, you could consider shorting with a target near 3,320.
Risk Management:
Stop Loss: Place a stop loss just below 3,330, allowing for a small margin of error in case the price breaks through the support level.
Take Profit: Consider setting a take-profit at 3,345.18 for short-term moves or look for further price action if you're aiming for a longer-term trend.
Reminder: Always monitor the price action closely and adjust stop losses accordingly. The market is subject to volatility, especially during high-impact news events, so make sure to stay updated.
Gold Price Analysis Bullish Continuation PossibleBullish Trend Formation: We see a series of higher highs and higher lows forming on the chart, suggesting a potential continuation of the bullish trend. However, the market has recently pulled back from the previous peak at 3,340.69, which is now being tested as support.
Fibonacci Retracement Analysis:
The current pullback has reached the 0.5 level around 3,334.32, a strong support zone. This area could offer a potential long entry if the price reacts positively from here.
The 0.618 Fibonacci level at 3,335.82 is also significant, often acting as a final retracement level before the market continues its bullish move.
Support Testing: If the price holds above the 0.618 level, we could expect a price rally towards the resistance at 3,372.00, with possible extension above it.
Trend Continuation: If the price breaks below 3,335.82, consider watching for further downside potential with the next target being the 0.5 level, near 3,334.32.
Trade Strategy (Buy on Support):
Entry: Around 3,334.32 or 3,335.82 (depending on price action confirmation).
Target: 3,340.69 (next resistance zone).
Stop-Loss: Set just below the 0.5 Fibonacci level around 3,327.95 to manage risk effectively.
The current chart is showing a potential for a bullish continuation, with key support levels at 3,335.82 and 3,334.32, backed by Fibonacci retracement. Watching the price action around these levels will be crucial for entering a potential buy position.
Remember to adjust your strategy based on the actual market movements and confirm the trend with price action before making a trade.