XAUUSD on swing Gold is currently holding Rangebound 3280-3296 .
Already holding buy positions at 3283-84
What's possible scanarios we have?
(PREFERRED )
▪️if the any M30-H1 candle flips above 3298-3300 then keep your eyes at 3315 then 3325
Additional TIP:
below 3278-3275 then we'll see gold to tap 3255 and buying will be invaild
#XAUUSD
GOLD trade ideas
Key point layout suggestionsThe current gold market is showing a weak rebound pattern. Although there was a small rebound on Wednesday, if it cannot stand above 3330, the overall trend will still be weak.
From the daily level, the support level is 3300 and the resistance level is 3335. The price is oscillating between the middle and lower tracks of the Bollinger Bands, and there is a possibility of upward or downward breakthrough.
Focus on the H4 cycle trend: if the rebound can stand above 3330, the price may further rise to 3335 US dollars;
Once it stands at 3335, it can be basically confirmed that the callback is over, and the subsequent challenge of 3345 resistance level may be repeated.
It is recommended to adopt a long-on-dip strategy near the support level, focusing on the support strength of the 3310-15 area below; the resistance level of 3335-3340 should be paid attention to above.
In terms of specific operations, if the price rebounds to the 3335-3340 range, short selling can be considered; if it pulls back to the 3310-3315 range, long selling can be considered.
Report - 9 jully, 2025Macro & Geopolitical Overview
Trump’s Tariff Threats vs Market Optimism
Despite President Trump’s insistence that sweeping tariffs will start August 1 (with no extensions), markets have demonstrated remarkable resilience. Wall Street appears to view these threats as a continuation of negotiation tactics rather than fixed policy.
The S&P 500 is up ~6% YTD, trading close to record highs, underpinned by robust corporate fundamentals and expectations of looser monetary policy.
Banks including Goldman Sachs, Bank of America, JPMorgan, Deutsche Bank, Citigroup, and Barclays have raised their S&P 500 forecasts, projecting additional 6–11% upside over the next 12 months.
Treasury Secretary Scott Bessent claims tariffs could yield $300bn in revenue this year, with $100bn already collected.
Market Read: Consensus suggests that repeated tariff postponements have desensitized investors, with strategists highlighting the continued strength in mega-cap tech and broader earnings momentum as outweighing trade policy risks.
EU Seeks Temporary Trade Deal
The EU is negotiating a provisional deal to maintain tariffs at 10% and avoid full-scale retaliation. German finance officials have warned of potential countermeasures if no fair resolution is reached.
Implications: A temporary truce could reduce volatility in European equities and alleviate pressure on the euro. Eurozone markets already showed optimism, with the Stoxx 600 up 0.3% and DAX and CAC 40 both gaining 0.6%.
Ukraine’s Financing Strains Intensify
The EU is urgently seeking to fill Ukraine’s projected $19bn budget gap for 2025 as ceasefire prospects diminish. Options under discussion include front-loading loans from G7 support packages and leveraging frozen Russian assets.
Trump’s promise to resume defensive arms deliveries provides a partial relief but does not fully address fiscal shortfalls.
EU leadership aims to finalize support plans before winter to ensure operational stability in Ukraine’s defense and civil services.
Strategic View: Ukraine’s funding gap underscores ongoing geopolitical risk in Eastern Europe, which could impact energy markets, defense equities, and the euro.
Port of Rotterdam Defense Preparations
Europe’s largest port is preparing for potential conflict with Russia by designating military cargo spaces and coordinating with Antwerp. This forms part of an EU-wide rearmament and strategic stockpiling effort.
Proposals include stockpiling critical raw materials (copper, lithium, graphite) and essential supplies.
Supports broader EU resilience efforts to reduce dependency on imports from China and Russia.
Implications: Reinforces the structural bullish thesis on critical raw materials and European defense contractors.
Corporate & Sector Updates
Wall Street Earnings Sentiment Turning Positive
Despite tariff noise, optimism around earnings season is rising.
Big banks expect solid Q2 results supported by labor market strength and easing inflation trends.
Analysts highlight that U.S. corporates have maintained guidance despite higher input costs.
Investment Implication: Reinforces overweight positioning in U.S. large caps, especially in tech and industrials with strong balance sheets.
Former UK PM Sunak Joins Goldman Sachs
Rishi Sunak rejoining Goldman Sachs as senior adviser highlights geopolitical expertise premium at major financial institutions.
Expected to advise on economic and geopolitical strategy while maintaining parliamentary role.
His compensation will support charitable projects, minimizing domestic political fallout.
BCG’s Gaza Fallout
BCG’s involvement in controversial Gaza post-war relocation plans has led Save the Children to cut ties after 20 years, severely damaging the firm's reputation.
Implications: Could impact BCG’s client relationships and broader consulting industry reputational risks, especially in ESG-conscious markets.
BP and Shell Return to Libya
BP and Shell have signed MoUs to explore and redevelop major Libyan oil fields, signaling re-engagement despite ongoing political instability.
Libya aims to raise output from 1.3m to 2m b/d.
These moves underscore Western energy majors' renewed focus on fossil fuels amid investor pressure for returns.
Investment View: Supports medium-term oil production growth; bullish for European oil majors despite ESG headwinds.
Asia & EM Updates
China’s Overcapacity and Deflation Concerns
China criticized local firms and governments for excessive price competition (neijuan), which has entrenched factory gate deflation for 33 consecutive months.
Beijing is signaling potential “supply-side reforms” to manage capacity and stabilize prices.
Overcapacity concerns extend to green sectors (solar, EVs), threatening global price dynamics.
Implications: May support global industrial metals prices if successful. However, near-term risks for global trade tensions remain elevated.
Southeast Asia Tariff Wall
Trump threatens 25–40% tariffs on Cambodia, Indonesia, Laos, Malaysia, and Thailand to counter Chinese transshipment practices.
Vietnam accepted a 20% base tariff, rising to 40% for transshipped goods.
Analysts predict higher production costs and consumer prices, potentially slowing ASEAN manufacturing relocation trends.
Strategic View: Increases risk premium on regional supply chains and may provide a tailwind for nearshoring/U.S. manufacturing.
Brics Pushback and De-dollarization Drive
Brics leaders sharply criticized Trump’s new 10% "anti-Brics" tariff threat. The bloc reaffirmed its commitment to reduce USD dependence and reform global financial governance structures.
Market Lens: Accelerated shift toward local currency trade settlements could support alternative reserve currencies and precious metals.
Alternative Assets and Innovation
Tokenized Treasury Funds Surge
Crypto traders and institutions are pivoting to tokenized Treasury and money market funds (assets up 80% YTD to $7.4bn) as an alternative to stablecoins.
Advantages: yield generation, rapid blockchain-based settlement, and new collateral options.
BlackRock, Franklin Templeton, and Janus Henderson products seeing robust inflows.
Implications: Bullish for blockchain infrastructure and tokenization service providers. Early-stage adoption curve but strong growth potential.
Sector Themes
Private Equity (PE): U.S. public universities are increasing PE allocations (targeting up to 30%) despite valuation and exit risks. Signals belief in long-term outperformance vs. muted public equity expectations.
Agriculture & EU Budget: CAP subsidies to farmers remain protected despite budget consolidation, driven by strong lobbying. Confirms ongoing policy support for European agricultural income stability.
Energy Transition & Defense: EU budget and port strategies reflect dual focus on green resilience and military preparedness, providing structural support to both ESG and defense-linked investments.
Markets Summary & Outlook
S&P 500 +6% Near all-time highs, supported by earnings optimism.
Euro Stoxx 600 +0.3% EU trade optimism offsetting geopolitical tensions.
DAX +0.6% Strong industrials rebound; trade negotiations key.
FTSE 100 +0.5% Supported by commodity strength and oil majors.
Dollar Index: +0.2%, moderate safe haven demand.
US 10Y yield: ~4.63%, reflecting ongoing macro uncertainty and strong U.S. data.
Gold: Supported by Brics de-dollarization narrative and geopolitical hedging.
Gold shows signs of slowing down, are the bears ready?This wave of bullish pull-up is a complete rebound. With the help of the timeliness of fundamentals, the highest rebound only reached around 3330 and then began to fall. At this time, many people probably think that the short-term trend has begun to change. I still stick to my bearish thinking. The important target pressure is definitely around 3330. As long as this position is under pressure and falls back to 3280 again, it will be shaky. At present, the stop loss is based on the break of 3335. If it really breaks, it will be similar to the break of 3280. Even if 3340-3345 is short, it is also a short-term bull correction. If the falling channel is broken, I can't convince myself to continue to be short and stick to it. Once 3335 breaks, I can really confirm the reversal of the short-term trend. Then 3280 will also be the bottom of the medium term. In short, since I am shorting near 3320-3330 in the direction of the band and the short-term negative, I think that the stop loss will be given to 3335. The stop profit target is uncertain. The channel has not been broken. Now the short-term long and short conversions are frequent. It is definitely the best choice in my own trading system. No one will win all the time. It is too fake to win all the time. Make your moves according to your own ideas without regrets. If this wave of strategy verification fails, everyone is welcome to supervise. We dare to take responsibility and review every judgment.
Gold is expected to regain bullish momentum and continue to 3360Yesterday, gold rebounded from 3296 and was able to reach around 3345. Although the process was rather painful, we have to admit that gold bulls still have the energy to wrestle with bears, and the gold market is not one-sidedly dominated by bears. As gold gradually tested and confirmed the effectiveness of support during the retracement process and then rebounded effectively, the short-term structure of gold gradually changed and began to favor bulls.
After gold hit bottom and rebounded yesterday, we can clearly see from the short-term structure that gold has successfully constructed a head and shoulders bottom structure in the three areas of 3295-3244-3296 in the short term, thus playing an absolute supporting role in the structure; and in the process of repeated testing of gold, there are signs of constructing a head and shoulders bottom structure in the three areas of 3310-3296-3325 locally again. Under the effect of the structural support resonance of the head and shoulders bottom, gold may not go below 3320 again, and may even regain the bullish trend and continue to the 3345-3355 area.
So I think there is a lot of profit potential in going long on gold. We can go long on gold with the 3330-3320 area as support and look towards the target area: 3340-3350-3360
XAU/USD) support level back bullish trend Read The captionSMC trading point update
Technical analysis of Gold (XAU/USD) on the 3-hour timeframe, suggesting a long trade idea with a clearly defined support zone and target projection. Here's the detailed breakdown:
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Chart Breakdown (3H - XAU/USD)
1. Support Zone (Yellow Box):
Price reacted strongly to the 3,244–3,300 area, which is identified as a key support level.
This area has historically seen demand and is now acting as a base for potential bullish continuation.
2. Falling Wedge Breakout:
A falling wedge pattern has been broken to the upside, which is typically a bullish reversal signal.
The breakout indicates a shift from the previous bearish momentum into bullish strength.
3. EMA 200 Confirmation:
Price is now above the 200 EMA (3,333.347), supporting a bullish bias.
This can act as dynamic support going forward.
4. RSI Momentum:
RSI at 62.00, indicating growing bullish momentum without being overbought.
The RSI has also broken above a previous local high, confirming strength.
5. Target Projection:
The projected move (blue arrowed box) suggests a potential rally of +105.305 points (3.20%), targeting the 3,394.503 level.
This level aligns with previous price structure and acts as the next major resistance.
6. Anticipated Price Path (Black Zigzag Line):
Price is expected to pull back slightly, retesting the wedge breakout or support zone.
After this retest, a bullish continuation toward the target point is projected.
Mr SMC Trading point
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Summary:
Bias: Bullish
Pattern: Falling wedge breakout + support retest
Entry Zone: Around 3,300–3,320 on a retest
Target: 3,394.503
Invalidation: Strong break and close below 3,244.166
Confirmation: Bullish price action near support + sustained RSI strength
Please support boost 🚀 this analysis)
Gold Analysis Bullish Breakout | Trendline & OB Setup📈 Gold Analysis
We are currently seeing price action within a descending channel, testing key support at the M30 OB (Order Block). The price is pushing higher after bouncing off the support level, and the trendlines suggest a potential breakout to the upside.
💡 Key Levels:
Support Zone: 3326
Resistance Zone: 3342
The market is primed for a possible rally, indicated by the upward momentum and price breaking out above the trendline. Watch for confirmation as we approach the liquidity level for further bullish movement.
⚡ Trade Idea: Look for a long entry if price closes above the trendline for a continuation towards the next resistance.
XAU/USD Analysis – Expecting Fibonacci Retracement to 0.618 I’m currently anticipating a short-term retracement in XAU/USD towards the 0.618 Fibonacci level around 3323, followed by a continuation of the bearish move targeting a Fair Value Gap (FVG) around 3272.
📌 Technical Confluence:
The market has recently shown a strong bearish impulse, and the current price action appears to be forming a corrective retracement.
The 0.618 retracement level aligns with a key resistance area around 3323, increasing the probability of a bearish reaction from this zone.
There’s a visible FVG left unfilled near 3272, which may act as a price magnet.
I’m also watching for a liquidity sweep above local highs, followed by bearish confirmation on the lower timeframes (e.g., 5min) to trigger a short entry.
📉 Trade Idea:
Looking for a sell entry near 3323 after confirmation (liquidity grab, bearish structure shift, etc.)
Target: 3272 FVG zone
Stop Loss: Just above recent highs or liquidity zone, depending on intraday structure
The market doesn’t lie, price hit the zone just as we mapped it🔸 WEEKLY BIAS
The broader trend remains bullish to neutral, though momentum is softening within a premium rejection zone.
In May–June, price broke structure to the upside, printing a new weekly higher high (HH) above 3380. However, it failed to sustain above the volume imbalance (3430–3480), signaling exhaustion in that premium range.
Currently, price is rejecting premium and consolidating just below 3327 — a key level marking previous institutional support and the midpoint of the weekly Fair Value Gap (FVG).
🔹 Weekly Key Zones
🟢 Support Zone (Buy Interest): 3204–3230
Weekly FVG + Equilibrium retrace + EMA50
A bullish rejection from this zone could trigger continuation toward 3327, then 3380
🔴 Resistance / Supply Zone (Sell Interest): 3420–3480
Weekly FVG + Premium Order Block + Prior liquidity sweep zone
A retest here without strong bullish catalysts may present a swing short opportunity
🔸 DAILY BIAS
Bias remains neutral to bearish until the 3330–3344 zone is decisively reclaimed and confirmed as support.
🔹 Daily Key Zones
🔴 Supply Zones
3420–3450
Premium FVG + Daily OB + Historical rejection wick
High-probability inducement area; only valid for shorts if 3344 fails to flip
3388–3402
Minor supply + internal structure break
Weaker, short-term reaction zone — monitor for signs of rejection if price extends
🔵 Support Zones
3230–3208
Daily FVG + Unmitigated Bullish OB + Discount territory
High interest for long setups only if confirmed by clean bullish rejection
3170–3154
Untapped daily OB + Historical support wick
Stronger potential reversal zone if 3230 breaks; confluence with deeper fib + likely RSI oversold
🔸 H4 BIAS
Short-term structure is bearish, with consistent lower highs forming beneath the key 3344–3351 supply zone.
🔹 H4 Key Zones
🔴 Supply Zones
3344–3351
H4 FVG + OB cluster within premium zone
A wick above recent highs followed by rejection could set up a clean swing short
3380–3394
Origin of the last bearish leg + stop hunt wick
High-risk rejection zone — watch for fast spikes into this area for potential fades
🔵 Support Zones
3265–3275
H4 FVG + Flip level + Prior sweep zone
A hold here could suggest re-accumulation, targeting 3327 and possibly 3340
3235–3246
Strong unmitigated OB + Discount pricing
Ideal sniper entry zone only with bullish rejection + M15+ BOS confirmation
Gold continues to short
Life is like a thread. As long as today continues and as long as there is hope for tomorrow, we will always be at the starting point and on the road to running. Don't be afraid of the long road, don't complain about the lack of scenery on the roadside, don't despair at any time, just keep running, the bumps under your feet are the cornerstones of our life, and perhaps the turning point is just around the next corner!
Gold, on the eve of the US market yesterday, the shorts repeatedly touched the lower support of 3282, but ultimately lacked the momentum to make a final push, which led to a reverse reversal in the US market and a continuous rebound effect. As of the morning of the day, the highest reached near 3326, and the daily line also closed at the bald small positive line of the lower lead. The current upper pressure is maintained at the previous 3330 line. This position will also be related to the continuity of the long and short positions in the later period, and the highest in the morning will also be maintained near this position. For the European market, this position is even more important. Once it continues to break through, the US market will likely continue to rise, and it can also be used as the position of the long and short watershed in the short term, and the recent trend continuity is extremely high. , most of them are maintained in the range of shock operation, and the support below will be maintained at 3310, which is also the key defensive point of the European session. Although the daily line is currently closed at a small positive line, it is still obviously insufficient in power, and the multi-hour line is also maintained in the downward channel without a breakthrough. In the short term, it is still in a bearish situation overall. If there is no breakthrough for a long time, it may continue to fall in the later period. If gold rebounds near the morning high, it can continue to short. If the European session breaks through strongly, it needs to adjust its direction before the US session. If gold rebounds near 3325-26, it can be shorted. The target is around 3310-00, and the loss is 3335!
Gold rebounds near 3325-26 during the day, and the target is around 3310-00, and the loss is 3335.
Gold #gold god currency
Doesn't restore to earthly realm default i.e safe heaven (haven)🌠
RALLY & correction
🪽Trade wars
✒️ Tariffs threat's stocks
🪽Geopolitics war's i.e rising lion
✒️ Loose confidence fiat & bond
🪽 Inflation concern i.eFed talk
🪽 central banks buying gold i.e french bank
✒️ Institution money invested in gold
Technical analysis
☄️
H/H $3500
L/L $2828
#intergalactic
💌Trend line Support
$3285
$3245
$3120 @gold_pullback
$2958
$2828
Rally I $2536
Rally base $2958
Rally II. $2958 to $3500
🔗Swings
A trend is over if recent swing is beyond/below previous swing
Bullish continuation patterns
🌻$3360 swing high
🌻$3245 swing low
🍁 #Bullish flag 🏁support $3285
🌻$3450 swing high
🌻$3245 swing low
🦸 bullish falling 🌠 wedge
XAUUSD Loses Short-Term Support – Deeper Decline May FollowGold (XAUUSD) is showing clear signs of short-term weakness after losing a key support zone around 3,287 USD – which previously aligned with the rising trendline and the 61.8% Fibonacci retracement level (3,295.20 USD) of the prior downward move.
1. Price Structure and Current Pattern:
Price has formed a descending triangle and just broke below its lower boundary with strong bearish candles.
Consecutive bearish candles with short lower wicks indicate strong selling pressure with little buying interest.
After being rejected at 3,304.25 USD – the most recent swing high – price has dropped toward the 0.0% Fibonacci level at 3,280.57 USD.
2. Fibonacci and Key Price Zones:
The 3,295.20 area (Fibo 0.618) has now become a strong resistance after a failed recovery attempt.
The 3,280 – 3,275 zone is the next target for bears if no strong reversal appears in upcoming sessions.
A break below 3,275.73 may open the path for further downside toward 3,268 – 3,260.
3. Trendlines and Candle Behavior:
The short-term rising trendline (in red) has been broken alongside increasing sell volume.
The upper descending trendline (in light blue) remains intact, confirming that the overall structure is still bearish.
Suggested Trading Strategy:
Sell on rallies: Prefer short entries around 3,290 – 3,293, with a stop loss above 3,296.
Short-term target: Look for potential take-profit zones at 3,275 – 3,268.
Avoid bottom fishing unless there’s a strong bullish reversal signal such as an engulfing or hammer candle backed by volume.
Conclusion:
Gold is under visible downside pressure below key technical resistance. If the price fails to hold above 3,280, the downtrend could extend further. Traders should remain cautious of weak pullbacks and look to enter in line with the dominant bearish trend.
Gold To The Basement? Week Ahead with Bearish Bias by PhoenixFX🌟 Welcome to Phoenix FX’s Intraday Pulse! 🌟
Hello, Phoenix FX family! 👋 I’m thrilled you’ve joined us for today’s TradingView chart breakdown. Our focus? Intraday opportunities—spotting those high-probability setups you can enter, manage, and leave to run whilst you concentrate on the things you love doing.
Here’s what you’ll find in this analysis:
Key Levels & Zones: Support, resistance, and Fair Value Gaps that matter on the smaller timeframes.
Price-Action Clues: Exact candlestick patterns and momentum signals to watch for your next entry.
Trade Triggers & Targets: Clear criteria for when to get in, where to take profits, and how to manage your risk.
Whether you’re hunting quick scalps or tactical swing moves, our goal is simple: help you trade with confidence, clarity, and community support. Got a different view or a fresh idea? Drop it in the comments—after all, “each one, teach one.” 😉
Let’s dive into the charts and make today’s market moves count! 🚀📈
Donald Trump’s presidency continues to exert outsized influence on gold through three main channels: trade policy uncertainty, fiscal stimulus (and resulting deficits), and shifts in safe-haven demand. Here’s how each factor has played out—and what it could mean for gold going forward:
1. Trade-War Uncertainty
What’s Happening: The Trump administration’s aggressive use of tariffs—including recent 25% duties on goods from Japan and South Korea—has periodically roiled markets and driven investors into gold as a safe haven. On July 7, gold pared losses after tariff news, as traders sought refuge despite a firm dollar.
Looking Ahead: If further tariff escalations or retaliations emerge, expect renewed spikes in gold. Conversely, any de-escalation or trade-deal breakthroughs could sap that safe-haven bid.
2. Fiscal Stimulus & Deficits
What’s Happening: Senate Republicans recently passed a Trump-backed tax‐and‐spending package projected to add $3.3 trillion to the U.S. deficit. Larger deficits—especially when financed by the Fed—tend to stoke inflation expectations, which bolsters gold’s appeal as an inflation hedge.
Looking Ahead: Continued large-scale stimulus or fresh tax cuts without offsetting revenue measures could keep real yields low (or negative), a classic tailwind for gold.
3. Safe-Haven Flows & Investor Positioning
What’s Happening: Despite peaking at record highs earlier this year, gold remains up roughly 30% since November, driven largely by investor fears around Trump’s policy unpredictability and geopolitical tensions.
Looking Ahead: Should Trump-era uncertainty persist—whether around trade, foreign policy, or domestic turmoil—gold is likely to retain its status as a portfolio diversifier and crisis hedge. A sustained drop in U.S. real rates or fresh bouts of market volatility would reinforce that trend.
🎯 Outlook Summary
Bullish Drivers: Ongoing trade-war rhetoric, larger deficits, and any new geopolitical flashpoints.
Bearish Risks: Clear resolution of major trade disputes, a pivot by the Fed toward earlier rate cuts (reducing real‐rate support for gold), or diminished investor fear.
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PhoenixFX price action analysis based on the Daily time frame
🔴 Primary Resistance (Daily)
Zone: $3,348 – $3,400
Why It Matters:
Multiple daily closes have stalled here, leaving a clear Fair-Value Gap (dashed purple). Sellers are likely to defend this range until we see a decisive daily close above $3,400.
📉 Bearish Bias – Short Setups
Short at Resistance
Entry: Bearish daily reversal candle (engulfing, pin-bar) in $3,348–$3,400
Targets:
TP1: $3,290 (50% of Primary Buy Zone)
TP2: $3,250 (Primary Buy Zone low)
TP3: $3,172 (Secondary Buy Zone high)
Stop-Loss: Above $3,420
Breakdown Short
Trigger: Daily close below $3,250 (Primary Buy Zone low)
Entry: On the open of the next daily candle after close below $3,250
Targets:
TP1: $3,172 (Secondary Buy Zone)
TP2: $3,026 (Final Buy Zone 50% level)
Stop-Loss: Above $3,290
🔵 Potential Long Opportunities
Defensive Long (Aggressive)
Entry: Bullish daily rejection candle in $3,250–$3,290
Targets:
TP1: $3,348 (short-term resistance)
TP2: $3,400 (key resistance)
Stop-Loss: Below $3,230
Trend-Reversal Long (Ultra-Conservative)
Trigger: Daily close above $3,400
Entry: Open of the next daily candle after the close above $3,400
Targets:
TP1: $3,450
TP2: $3,500+
Stop-Loss: Below $3,360
📊 Week-Ahead Scenarios
Bearish Scenario (High Probability):
Price remains capped under $3,400.
Look for a bearish signal in $3,348–$3,400 to initiate shorts.
A break below $3,250 extends the move into deeper demand zones ($3,172 → $3,026).
Bullish Counter-Trend (Lower Probability):
Strong daily rejection candle in $3,250–$3,290 could spark a relief rally.
Short-term longs can target $3,348 and $3,400—ideal for quick swing trades.
Only a sustained daily close above $3,400 shifts the bias back to the upside.
Just a Heads-Up:
This is my take on the charts—not gospel, not financial advice, and definitely not a crystal ball 🔮.
Trading is part skill, part patience, and part “what just happened?” 😅
We all see things a little differently, and that’s the beauty of it. So if you’ve got a hot take, wild theory, or just want to drop some chart wisdom—hit the comments!
Let’s grow, learn, and laugh through the madness together. 🚀📈
Each one, teach one.
— Phoenix FX Team 🔥🦅
GOLD SELL SETUPAfter a strong bullish move, price approached a key resistance zone near the 3325–3330 level, which coincides with a potential supply zone created by previous price rejection. The market structure showed signs of slowing momentum, with multiple wicks to the upside and smaller-bodied candles near resistance, indicating possible exhaustion of buying pressure.
Waiting for the Perfect Entry: XAUUSD Market Structure Breakdown🔍 Taking a look at XAUUSD today: it’s clearly in a downtrend 📉 on the 4H chart, with consecutive lower highs and lower lows 🔽.
📌 My bias is bearish, and I’m patiently waiting for price action to set up for an entry 🎯.
If we get a break of market structure 🧱, followed by a retest and failure of the current range high 🚫, that could present an opportunity 👀 — not financial advice ⚠️.
First Drop to 3307–3289, Then Buy for the Next UptrendOur system has identified a strong short signal across short-term, medium-term, and long-term timeframes as of July 3, 2025, with confidence levels above 89%. All durations are aligned, indicating a synchronized momentum shift.
Entry Point : 3354.43
Short-Term TP : 3334.30
Medium-Term TP : 3320.89
Long-Term TP : 3307.47~ 3289
📉 Based on the current market structure and signal convergence, TeconLab expects XAUUSD to drop into the 3307–3289 range, where a potential reversal zone is likely to form.
🛡️ Safest Entry for Buy: The 3289 level is considered the most favorable area for entering long positions after the expected correction completes.
📈 After reaching this zone, our system anticipates a new uptrend to begin, offering a fresh opportunity for upside movement.
The TP Zigzag path displayed on the chart outlines the projected decline with target steps, preparing for a potential bullish reversal afterward.
XAU/USD – 4H Elliott Wave AnalysisOANDA:XAUUSD
We are currently in an upward correction on the 4H chart, developing within an ABC structure from Wave 1 into Wave 2.
✅ Wave A has already been completed.
🔁 Wave B is most likely in place – though I've also marked an alternate yellow B if the white one fails.
⚡️ We’ve seen the first impulsive push up, which I label as a smaller Wave 1 within B.
🔄 Now expecting an ABC pullback into the smaller Wave 2.
📐 The Fibonacci retracement zone (white box) marks the key area for this correction.
🎯 Blue lines inside the zone are my targets for Wave 2.
If the structure holds, we should see a clean 1-2-3-4-5 move in Wave B toward Wave C – completing the higher-degree Wave 2. After that, I expect bearish momentum to take over again.
Gold (XAUUSD) Trade Setup – Valid Until July 10, 2025This 15-minute chart shows a clean technical breakout from a falling channel. Here's how to interpret and potentially trade this move:
🧠 Context: What Just Happened
Price was locked inside a descending channel (blue) for multiple sessions.
A breakout occurred above the channel, indicating a potential short-term bullish reversal.
The bounce aligns with recent tariff-related headlines easing off and short-covering momentum building.
I trade these support and resistance lines daily on micro gold futures.
What these lines represent:
Golden Line: Heavy Support or Resistance depending on the price direction towards the lines for major reversal or $10-$15 swings.
Silver Lines: Consolidation areas or mid way support and resistance for a scalping few touches.
Bronze dotted lines: Low volume days support and resistance for a quick $5 up or down.
Also, I can see a directional setup. Here is a hypothetical scenario that could play out:
📌 Key Zones to Watch
🔼 Resistance $3,342 Next major target / sell zone
🟧 Resistance $3,319 Current breakout level retest
⚪ Support $3,307–$3,316 Minor consolidation area
🔻 Support $3,295–$3,289 Strong demand / invalidation
🚨 Bear Pivot $3,272 Break below = bearish return
🧭 Trading Playbook
Bullish Bias (Preferred Scenario)
✅ Break and hold above $3,319 = potential move to $3,342
🎯 Target: $3,340–$3,342
🔒 SL below: $3,307
Optional re-entry on retest of $3,316 zone
Bearish Reversal (If Bulls Fail)
⚠️ If price fails $3,319 and breaks back below $3,307, sellers may reclaim control
📉 Look for short setups toward $3,295 and even $3,272
SL above: $3,319
📌 Key Tip
Watch for volume confirmation and 5m candle closes at each level. Don’t chase — let price come to your levels.
⏳ Validity
This setup remains valid through July 10, or until $3,342 target is hit or $3,272 is broken.
This is not financial advice; it's for educational purposes only.
GOLD → Correction for confirmation before growthFX:XAUUSD is recovering due to increased demand as a safe-haven asset. After breaking through local trend resistance, an upward channel is beginning to form on the chart.
On Monday, gold tested the 3295-3300 zone (liquidity zone) and, against the backdrop of incoming economic data, is buying back the decline, forming a rather interesting pattern that could lead to continued growth, but there is a but!
Investors are reacting to President Trump's threats to impose tariffs on imports from a dozen countries starting August 1. In addition, the main question is the Fed's interest rate decision. The regulator is likely to leave the rate unchanged due to inflation risks.
Uncertainty surrounding tariffs is supporting interest in gold as a safe-haven asset. The market is awaiting further news and the publication of the Fed minutes on Wednesday.
Resistance levels: 3345, 3357, 3396
Support levels: 3320, 3311, 3295
A correction to support is forming. If the bulls hold their ground within the upward channel and above the key areas of interest, the focus will shift to 3345, a resistance level that could hold the market back from a possible rise. A breakout of this zone would trigger a rise to 3357-3396.
Best regards, R. Linda!
Gold Loses Its Shine – Short-Term Sentiment Turns BearishHello everyone, great to see you again for today’s market chat!
The factors that once made gold appealing — inflation fears, economic uncertainty, and the flight to safety — are gradually fading. As confidence grows that the Fed will maintain high interest rates for an extended period, capital is steadily moving away from gold and into more stable, yield-generating assets.
Across the financial community, there’s growing consensus: gold is no longer a top investment priority. The U.S. dollar is gaining strength, Treasury yields are rising, and gold’s support structure is weakening. While investors await the Fed’s next move, many are staying on the sidelines — or even leaning toward a bearish outlook. Notably, the rebound in the DXY is also playing a key role in adding pressure.
Gold is currently lacking momentum, lacking support, and most of all — lacking conviction. At this stage, the trend is no longer a debate, but a widely accepted short-term reality.
What about you — where do you think gold is headed next?