Analysis
Gold can make correction and then rebound up of support lineHello traders, I want share with you my opinion about Gold. The Gold market has transitioned from a clear directional trend into a phase of price discovery and consolidation, following a significant breakdown of a prior ascending mirror line. This shift in market dynamics has led to the formation of a large symmetrical triangle, a pattern that signifies a period of equilibrium and contracting volatility as the price coils between a descending resistance line and an ascending support line. The boundaries of this pattern are well-established, with the buyer zone around the 3315 support level providing a floor and the seller zone near 3400 acting as a ceiling. Currently, the price is navigating the lower half of this triangle, having recently rebounded from the support line. The primary working hypothesis is a long scenario, based on the expectation of another successful test of the ascending support line. A confirmed and strong rebound up from this dynamic support would validate the integrity of the triangle and suggest that another full rotation to the upside is likely. Therefore, the tp for this rotational move is logically placed at the 3390 level. This target aligns perfectly with the triangle's upper resistance line and sits just below the major seller zone, representing the most probable destination for a bullish swing originating from the pattern's support. Please share this idea with your friends and click Boost 🚀
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KERNEL / USDT : Keep a close watch on breakoutKERNEL/USDT - Near Breakout
Price action is approaching a crucial breakout point after consolidating under a descending trendline. The current momentum indicates a potential upside of around 30%, with a target of 0.28 if the breakout holds.
Watch for a clean breakout above resistance for confirmation of the move. This could lead to a significant upward rally
SCENARIO STUDY: Bullish or Bearish?Hello fellow traders! Here’s a fresh, USD/JPY plan that blends 4-hour technicals with today’s macro/news flow, plus the most recent trader and bank sentiment. Time to get happy!
USD/JPY for Aug 15, 2025, U.S. morning/afternoon
4H structure: After a slide that tested ~146.2–146.4 support, the USD/JPY keeps running into 147.8 and 148.5 as notable 4H hurdles.
Macro/news today: U.S. PPI (July) surprised hotter, cooling talk of a 50 bp Fed cut (market leans 25 bp for Sep 17); Japan Q2 GDP beat aided the yen and BoJ-hike chatter.
BoJ backdrop: July meeting opinions/outlook show a cautious tightening bias and discussion of resuming hikes; 10-yr JGB around ~1.5%.
Positioning & sentiment (latest):
CFTC JPY (non-commercial) net longs have fallen from mid-July peaks to ~82k (Aug 8). Retail (spot) sits near 54% long / 46% short.
Banks’ bias (based on recent published views):
UBS CIO guides for USD/JPY drifting lower through year-end (~140 by Dec 2025) as BoJ tightens gradually, and J.P. Morgan Research also expects weaker USD into late-2025 (USD/JPY ~141 Sep, 140 Dec).
4-hour levels to mark
Support: 146.20–146.40, then ~146.00 (deeper swing shelf).
Resistance: 147.80, 148.50 (recent 4H/spot pivot and swing high).
Scenario A — Bullish (rebound off support / corrective pop)
Why it could play out: Hotter U.S. PPI trimmed aggressive-cut bets; if incoming U.S. data/fedspeak doesn’t further dent yields, a corrective USD bounce can lift price from support toward overhead supply! Go Bulls? :D
Bullish Plan (4H execution):
Entry: 146.40–146.70 on a 4H bullish candle or RSI divergence near S1. (Structure band per the 4H map.)
Stop: 145.95 (clean break of the lower shelf).
Take Profit 1: 147.80 (first supply).
Take Profit 2: 148.50 (recent high / strong supply).
Respect Supports: 146.40–146.20, then 146.00.
Resistances to fade/scale: 147.80, 148.50.
Indicative R:R: from 146.60 risk ~65 pips to stop for ~+120 pips to TP2 (≈1:1.8), +120–190 pips if extension through 148.5.
Scenario B — Bearish (trend continuation from resistance)
Why it could play out: 4H downswing remains intact below 147.8/148.5; BoJ tone leans cautious-hawkish, Japan data firmed (GDP), while CFTC shows less crowded JPY longs (reduced squeeze risk). UBS/JPM public pieces lean medium-term lower USD/JPY.
Bearish Plan (4H execution):
Entry: 147.80–148.00 on a 4H rejection wick / failure swing at R1.
Stop: 148.60 (invalidate above R2 swing high).
TP1: 147.00 (recent intraday base).
TP2: 146.20–146.40 (key 4H demand).
Resistances to lean on: 147.80, 148.50.
Supports to target: 147.00, 146.20–146.40, then ~146.00 if momentum accelerates. Go Bears? :D
BUT WAIT..... Which is more probable now?
As for the team here at How To (dot) Forex, we are collectively leaning bearish (Scenario B) over the next few sessions. And, here is why....
Structure: Price remains capped beneath 147.8/148.5 on the 4H map.
Macro skew: Hot PPI pared back “big cut” bets but markets still favor a 25 bp cut; meanwhile Japan GDP beat + BoJ talk of possible resuming hikes is JPY-supportive.
Sentiment: Retail near 50/50 (slight long) and CFTC net JPY longs off the highs → fewer asymmetric squeeze dynamics for upside USD.
What are the banks saying?
Recent UBS and JPM predictions point to lower USD/JPY into year-end, aligning with fade-rallies bias unless price reclaims R2 decisively.
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OPINION AND COMMENTARY:
we prefer fade-rally shorts into 147.8–148.0 unless a 4H close above 148.5 flips bias. If you see a strong 4H basing signal at 146.2–146.4, the bullish corrective setup is valid — just keep targets conservative at 147.8/148.5.
If you have questions, or want to see a specific type of analysis not presented here, leave us a comment below. Thank you for reading. We appreciate your support. Happy trading!
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DISCLAIMER: This analysis was conducted by our in-house team of multi-level traders. We are not responsible for any losses you may incur. Always do you own research before trading. If you are new to trading, consider practicing with a free paper trading account. Ask your broker for details.
ETHUSDT 1D Chart Update | Channel Structure, Economic EventsETHUSDT 1D Chart Update | Channel Structure, Economic Events & ATH in Focus
🔍 Here’s the latest breakdown of ETH/USDT price action on the daily chart—channel dynamics, correction levels, and upcoming catalysts.
⏳ Daily Overview
Ethereum is trending strongly within an ascending channel, respecting both mid-level and upper resistance. After a local correction, price is rebounding with sturdy volume participation—signaling renewed interest from buyers.
📉 Correction Levels & Volume
- Recent correction found support at the $3,913 zone, with the $4,180 mark now acting as next key level.
- Volume has picked up on bullish candles, confirming the strength of this bounce.
- Correction appears healthy: price stayed within the channel, higher lows maintained.
📊 Channel, Economic Events & Breakout Setup
- ETH continues trading inside the established channel, posting higher highs and higher lows.
- Two major US economic events ahead—Unemployment Claims releases on Aug 21 and Aug 28, 2025—that could trigger volatility.
- Watch for a breakout (BO) above $4,809: crossing this sets the stage for a new all-time high (ATH).
🎯 Key Levels & Scenario
- $3,913: Correction support zone; ideal spot for high RR (risk/reward) long entries if retested.
- $4,180: Immediate resistance; flipping this could attract trend-following bulls.
- $4,809: Channel top and major breakout threshold. If price closes above, expect acceleration toward new ATH territory.
🚨 Conclusion:
ETH is pushing firmly inside its channel, with correction and volume patterns favoring bullish continuation. Key economic events may provide the volatility needed for a breakout move. Above $4,809, watch for new ATHs; dips to $3,913–$4,180 offer attractive re-entry zones for aggressive traders. Stay adaptive as August catalysts unfold.
SKL/USDT Analysis — Key Decision Zones
This coin has been among the top gainers over the last three days.
Currently, it is in a correction phase and is approaching the local buy zone at $0.0414–$0.039. Given the weak price action, it is likely that we’ll see a reaction from this zone.
Above the current price, there is also a very important zone at $0.047–$0.0515, with significant volume-based profit-taking already positioned for short bias. Upon a test of this zone and a confirmed reaction, a short position could be considered.
This publication is not financial advice.
Binance Coin may drop to 805 points and break support levelHello traders, I want share with you my opinion about Binance Coin. The bullish momentum for BNB has been visibly accelerating, with the price transitioning from a steady upward channel into a steeper and more aggressive rising wedge formation. This change in character often suggests a late-stage trend that may be approaching exhaustion. The price action has been oscillating within this wedge, using the 820 level as a key support area for its most recent rebound. Currently, the asset is making another push towards the apex of the formation, approaching the final resistance line that has capped the highs. The primary working hypothesis is a short scenario, which is based on the typically bearish resolution of a rising wedge pattern. It is anticipated that the price will be rejected from the upper resistance line of the wedge, signaling the exhaustion of buying pressure. A confirmed rejection from this peak would likely trigger a sharp reversal, with enough momentum to cause a breakdown below the wedge's ascending support line and the critical horizontal support area around 820. This structural failure would validate the bearish thesis. Therefore, the tp for this anticipated reversal is logically placed at the 805 level, representing a prudent first target for the price to reach following a breakdown of the multi-week wedge structure. Please share this idea with your friends and click Boost 🚀
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Euro may reach seller zone and then start to decline to 1.1600Hello traders, I want share with you my opinion about Euro. The historical price action for the Euro began with a period of contracting volatility, where the market consolidated within a triangle formation. A decisive breakout from this triangle unleashed a strong upward impulse, which marked a shift into the current market environment characterised by expanding volatility. This new phase is captured by a large broadening wedge, which has since been defining the trading range between the major buyer zone around 1.1450 and a significant seller zone near the 1.1740 resistance. After a powerful impulse down from the top of this wedge was absorbed by the buyer zone, the asset has entered a corrective rally back towards the upper boundary. Currently, the price is approaching this critical confluence of resistance. The primary working hypothesis is a short scenario, predicated on the expectation that the seller zone will once again cap the rally. A confirmed rejection from this area would validate the integrity of the broadening pattern and suggest that another major downward rotation is imminent. Therefore, the TP for this anticipated decline is logically placed at the 1.1600 points, representing a key area of prior price interaction and a prudent first objective. Please share this idea with your friends and click Boost 🚀
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Fundamental Market Analysis for August 15, 2025 USDJPYDespite some profit-taking after the rise toward 148.0, the pair remains supported by monetary policy divergence. The 10-year U.S. Treasury yield is approaching 4.46%, while comparable JGBs remain around 0.82% even after the summer expansion of the YCC band.
Weak momentum in the Japanese economy increases the likelihood that the Bank of Japan will postpone further tightening: real wages have fallen for the sixth consecutive month, and core CPI has eased to 2.4% y/y, reducing the pressure on the regulator to normalize policy. At the same time, Japan’s Ministry of Finance refrains from verbal interventions, being comfortable above the 145.0 level, which reduces the risk of aggressive dollar selling.
Global risk appetite remains moderate after strong U.S. PPI data, which traditionally channels capital into U.S. assets and supports USD against JPY.
Trade recommendation: BUY 147.300, SL 147.100, TP 148.400
Fed Set to Cut 50bps: Gold Benefits as the Bullish Wave Reforms📌 Market Overview
Gold surged as high as $3,370/oz before closing at $3,355.9 (+0.24%), fuelled by growing expectations that the Federal Reserve could deliver a 50bps rate cut in September.
US Treasury Secretary Bessent signalled strong support for such a move, while July CPI remained soft — weighing on the USD and pushing bond yields lower, giving gold a clear upside path.
However, upside momentum was capped by US equities hitting fresh record highs and a cooling in geopolitical tensions.
Markets now turn their focus to the upcoming PPI data, jobless claims, and the Trump–Putin meeting to gauge gold’s next move.
🧐 Technical Outlook – MMFLOW Perspective
The recovery wave is becoming increasingly evident after recent corrective moves. Price action is now poised to revisit liquidity zones from previous pullbacks.
Strategy remains to:
Buy early in pre-identified liquidity zones to ride the bullish wave within the current channel.
Sell from continuation or exhaustion zones once the next liquidity sweep is in play.
🎯 Trading Plan – MMFLOW
🔹 BUY ZONE – Early Long Setup
Entry: 3336 – 3334
Stop Loss: 3330
Take Profit: 3340 – 3345 – 3350 – 3355 – 3360 – 3365 – 3370 – 3380 – ???
🔹 SELL ZONE – Liquidity Grab Short Setup
Entry: 3394 – 3396
Stop Loss: 3400
Take Profit: 3390 – 3385 – 3380 – 3370 – 3360
📊 Key Levels
Resistance: 3365 – 3370 – 3395
Support: 3334 – 3330 – 3315
💡 MMFLOW Comment:
The technical structure supports a tactical buy-on-dip approach, with 334x being a key pivot zone for the bulls. If price accelerates towards 339x, watch for a liquidity sweep to trigger high-probability short setups.
British Pound will bounce up from support line of channelHello traders, I want share with you my opinion about British Pound. The market structure has undergone a notable transition from a bullish to a bearish phase, with the breakdown from a prior upward channel leading to the formation of a new, well-defined downward channel. This has shifted the market's momentum, with price action now being governed by the descending boundaries of this new formation, respecting the seller zone near the top and finding temporary footing at the bottom. The price has recently completed a significant downward impulse within this structure, arriving at a critical confluence of support around the 0.8600 level. This area is highly significant as it represents the intersection of the channel's lower support line and a strong horizontal buyer zone that has previously provided a floor for the price. The primary working hypothesis is a long, rotational scenario, based on the high probability of a bullish reaction from this key support cluster. A confirmed bounce from the buyer zone would signal that a corrective upward rebound is underway, offering an opportunity for a move back towards the upper boundary of the channel. Therefore, the TP for this long idea is logically placed at the 0.8700 resistance level. This target aligns perfectly with the major seller zone and the channel's upper resistance line, representing the most probable destination for a counter-trend rally of this nature. Please share this idea with your friends and click Boost 🚀
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Gold pulls back as expected, you can continue to sellIn my previous trading strategy, I reiterated my view that gold prices would continue to fall if they couldn't break through 3370 in the short term.
And indeed, gold's performance behaved as expected. After hitting 3370, it fell again, reaching a low of 3350.
Technically, the current correction in gold prices hasn't concluded. The Fibonacci retracement indicator for the 3408-3330 trend shows that 3370 is at 0.5, and 3360 is at 0.618, representing resistance. Meanwhile, the MACD indicator has formed a death cross.
Therefore, we do not need to make any changes to our trading strategy. As long as 3370 is not effectively broken, we can continue to short based on the resistance range.
Trade setup is as follows:
Sell near the 3360-3370 area
First target 3350
Second target 3340
Final target 3330
Stop loss at 3380
📣If you have different opinions, please leave a message below to discuss
Fundamental Market Analysis for August 14, 2025 GBPUSDEvent to pay attention to today:
15:30 EET. USD - Unemployment Claims
Signs of cooling in the US labor market have pushed futures to expect a series of rate cuts before the end of the year. This, in turn, could lead to a decline in the dollar against the pound sterling. Federal fund futures traders now estimate the probability of a 25 basis point (bp) cut at the September meeting at nearly 94%, compared to 85% before the inflation data was released.
Investors are preparing for the release of the US Producer Price Index (PPI) report on Thursday. The overall PPI is expected to show a 2.5% year-on-year increase in July, while the core PPI is expected to show a 2.9% year-on-year increase for the same period.
Data from the Office for National Statistics (ONS) released on Tuesday showed that the UK unemployment rate remained unchanged at 4.7% for the three months to June, in line with estimates. This is the highest rate since July 2021. Meanwhile, average earnings excluding bonuses remained at 5.0% for the three months to June.
Traders will be watching the UK's second-quarter GDP report closely, as it may provide some clues about the direction of interest rates in the country.
Trading recommendation: BUY 1.3610, SL 1.3570, TP 1.3670
Gold rebounds and is facing resistance, waiting for a declineIn the previous article, I said that if the gold price cannot hold above 3370 in the short term, then the gold price will continue to fall.
Today's rebound in the Asian and European sessions shows mixed gains and losses on the K-line chart, indicating a weak rebound. After rebounding to 3367, gold prices turned downward again.
Meanwhile, the 1-hour MACD indicator also shows signs of forming a death cross. The Fibonacci retracement indicator from 3408 to 3330 indicates that the 0.618 level is at 3360, and the 0.5 level is at 3370. Therefore, the 3360-3370 range is currently a resistance zone.
Therefore, I still maintain my previous view that as long as it cannot hold 3370, you can short in the resistance area.
Scenario Study: (USD/JPY) BULLS vs BEARSHere’s a fresh, focused read on USD/JPY using today’s news, data, and technicals, plus trader sentiment on 4 hour charts.
What changed today so far... (Aug 13, 2025)
CPI came in mild (~2.7% YoY) → markets ramped up odds of a September Fed cut (≈94–98%) → Treasury yields/dollar slipped. That kept USD/JPY heavy after a pop to ~148.5 earlier in the week.
4-hour technicals (levels that matter)
Range defined by MAs: Price has been ping-ponging between the 4h 100-bar MA (~147.94) and 4h 200-bar MA (~146.73). A break of either side likely sets the near-term trend.
Nearby resistance: 148.00/148.50 (recent weekly high ~148.52). A sustained 4h close above opens 149.00 → 149.50.
Nearby support: 147.10 (intra-range floor) then 146.70 (4h 200-MA); below that, risk toward 146.00–145.50.
Short MAs (8 & 16 on 4h charts): With CPI softness pressuring USD, the very short MAs are flattening/near price (typical in a range). A bearish tilt re-asserts if price rides below them toward the 200-MA; a bullish turn needs reclaims above them and a close >148.00/148.50. (Directional inference from the cited 4h range behavior.)
Sentiment & positioning
Retail positioning: Net-long skew persists (~61% long / 39% short), a contrarian negative for USD/JPY if the skew persists into weakness. Ahead of/after CPI, trader bias for USD leaned bearish (BofA), and the dollar index eased post-release. That favors JPY on dips unless risk rallies push yields back up.
Tradeable take (4-hour game plan)
Bias now: Mildly bearish / range-to-down while below 148.00–148.50 and especially if price holds under the 8/16 4h MAs toward the 200-bar MA (~146.7).
Bearish continuation trigger: 4h close below 146.70 (200-MA) → momentum target 146.00 → 145.50; invalidation back above 147.20–147.40.
Bullish reversal trigger: 4h close above 148.50 (and holding above the short MAs) → targets 149.00 → 149.50; invalidation on a drop back below 148.00.
THE BOTTOM LINE
Today’s softer CPI + higher cut odds keep USD/JPY on the back foot, with the pair stuck between the 4h 100- and 200-bar MAs. Until 148.50 breaks, risk skews to a grind lower toward 146.7 → 146.0; a clean topside break flips bias to 149+~.
Thank you for reading, and happy trading!
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DISCLAIMER: This analysis was conducted by our in-house team of multi-level traders. We are not responsible for any losses you may incur. Always do you own research before trading.
GOLD ON FIRE – 3358 WALL ABOUT TO CRACK, 337x NEXT STOP!📌 Market Overview
Following the CPI release, Gold is showing strong buying momentum, with a clear aim to break the 3358 resistance and push quickly towards the 337x zone – a key equilibrium level where SELL pressure is expected to react.
Price bounced sharply from the 333x area back into the 335x range. If 3358 breaks, there’s a high probability we will test 337x within the day, triggering SELL volume.
Today’s market is expected to be relatively quiet, with no major news scheduled. The daily range could stay around 35–40 dollars.
With the current bullish momentum, the preferred strategy is to wait for price to retest early BUY support zones around 334x to catch the next upside wave in line with the primary trend.
🎯 Key Trading Zones
🔹 BUY ZONE
Entry: 3338 – 3336
SL: 3332
TP: 3342 – 3346 – 3350 – 3355 – 3360 – 3370 – 3380
🔹 SELL ZONE
Entry: 3375 – 3377
SL: 3382
TP: 3370 – 3365 – 3360 – 3355 – 3350 – 3340
📊 Key Levels
Resistance: 3358 – 3365 – 3376
Support: 3342 – 3337 – 3330 – 3310
⚠ Risk Note
No major economic releases today, so intraday moves may rely heavily on technical reaction points. Watch MMFLOW Key Levels closely – a break of 3358 could accelerate the move to 337x, while holding below may trigger short-term pullbacks.
British Pound can little grow and then drop to buyer zoneHello traders, I want share with you my opinion about British Pound. If we look at the chart, we can see how the price started to grow inside an upward channel, where it at once broke the 1.3280 level. In the channel, it rose to the resistance level, which coincided with the seller zone, after which it rebounded and fell to the support line of the channel. Later, GBP rose to the seller zone and dropped, breaking the resistance level and exiting from the upward channel. Then the price entered to wedge and then made an impulse up, breaking the resistance level, and rose to the resistance line of the wedge. After this movement, it turned around and started to decline. Soon, it broke the 1.3580 level one more time and fell more. But later it turned around and rose to the 1.3580 resistance level, which coincided with the resistance line of the wedge. Then it dropped to the support line of the wedge, breaking the support level, but soon it backed up and rose back to the resistance line of the wedge pattern. Now I expect that the British Pound can continue to decline inside the wedge, and reach the buyer zone, breaking the support level. For this case, I set my TP at 1.3245 points, which coincided with the buyer zone. Please share this idea with your friends and click Boost 🚀
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Gold may bounce from support level and rise to resistance levelHello traders, I want share with you my opinion about Gold. The technical narrative for gold has fundamentally shifted from bearish to bullish following a significant breakout from a prior downward wedge. This powerful upward rebound signaled a clear change in market control, invalidating the previous downtrend and establishing a new, constructive market structure. This new structure has taken the form of a well-defined upward channel, which has been guiding the price action higher through a series of impulsive and corrective waves. Currently, the asset is undergoing a natural corrective phase after recently testing the upper resistance line of the channel. This downward correction is guiding the price towards a critical confluence of support located around the 3330 level. This area is significant as it represents the intersection of the channel's ascending support line and a strong horizontal buyer zone. The primary working hypothesis is a long scenario, based on the expectation that buyers will step in to defend this key support confluence and maintain the integrity of the upward channel. A confirmed bounce from this area would likely initiate the next impulsive leg higher within the trend. Therefore, the tp is logically set at the 3405 resistance level, as this represents a full rotation back to the top of the channel and aligns with the major seller zone. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Ripple will continue to grow in wedge and break resistance levelHello traders, I want share with you my opinion about Ripple. The price action for Ripple has been methodically developing within the confines of a large upward wedge. This pattern has defined its strong upward trend since the last major rebound from the buyer zone around 2.7425. This structure has guided the asset higher through a series of corrections and upward rebounds, showcasing a sustained campaign by buyers. Currently, the price is at a critical juncture, consolidating directly below the significant horizontal resistance level at 3.3255. This level, which is also a major seller zone, has previously capped rallies and represents the most immediate obstacle to a continuation of the uptrend. The primary working hypothesis is a long scenario, based on the expectation of a decisive breakout above this resistance. Such a breakout would signify that buyers have absorbed the available supply and are ready to push the market to a new high. The scenario anticipates that following the initial break, the price will perform a corrective retest of the 3.3255 level, treating the former resistance as new support. A confirmed bounce from this retest would validate the breakout and provide the impetus for the next impulsive wave higher. Therefore, the TP for this continuation move is logically placed at the 3.5760 level, which aligns perfectly with the upper resistance line of the entire upward wedge formation. Please share this idea with your friends and click Boost 🚀
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XAUUSD ( GOLD ) Sideways Grind – Big Move LoadingPrice is still ranging between $3,368.41and $3,343.41. The D1 open sits near $3,347, acting like a pivot. Trades inside the box are possible but riskier due to quick fades and wicky candles.
Bullish plan (need confirmation)
Trigger: A clean 30min close above $3,368.41 (body close, not a wick).
Targets: The marked level at $3,377.34. If momentum is strong, trail stops and let it run.
Bearish plan (cleaner if we lose the box)
Trigger: 30min close below $3,343.41.
Targets: $3,337.49 first. If sellers keep control, trail for extra downside.
Management: Scale out at $3,337.5, protect the rest.
Range scalp (only if you accept higher risk)
Fade the edges:
Short near $3,368 on clear rejection; target mid ($3,356–3,358), SL just above the rejection high.
Long near $3,343–3,345 on a strong rejection wick; target mid, SL just below the lows.
Keep size smaller; this chop flips fast.
What would confirm the break
Strong 30m candle bodies through the level (not just spikes).
What invalidates
Breakout that closes back inside the range on the next candle → likely a trap; exit and reassess.
Multiple long wicks through the level with no follow through.
Bottom line: I’m patient inside $3,343–$3,368. I’ll act on a 30m close. Upside focus above $3,368.41 toward $3,377.34; downside focus below $3,343.41 toward $3,337.49.
Gold rebound is weak, beware of further declineThe CPI data released this week was lower than market expectations, which is considered positive news. However, since it was the same as the previous reading, gold prices only rebounded briefly before entering another period of volatile consolidation.
From the 4-hour chart, gold prices have already broken through support levels. If they fail to break back above 3370 in the short term, they may continue to test the bottom.
Gold's rebound is weak in the short term, and it's trending downward. The K-line indicator is showing a bearish pattern, and the MACD indicator has formed a death cross.
Therefore, if you want to trade short, wait for a rebound around 3360. Set a stop-loss at 3370, with a target of 3340 and then 3330.
Gold Trading Strategy XAUUSD August 13, 2025Gold Trading Strategy XAUUSD August 13, 2025:
Gold prices recovered slightly, currently trading around $3,351/oz, positive US inflation data for July has reinforced market expectations that the US Federal Reserve (FED) will cut interest rates in September, while a weaker US dollar has boosted gold's appeal.
Fundamental news: Data from the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.7% year-on-year in July, lower than the expected 2.8% and unchanged from June. Core CPI increased 3.1% year-on-year and 0.3% month-on-month, the largest increase in six months.
Technical analysis: The sideways range of 3,340 - 3,360 has not been broken yet. The MAs are showing signs of moving sideways, showing the tug-of-war between buyers and sellers. RSI H1 has started to move towards the buy zone, RSI H4 is heading towards the average line. There is a high possibility that gold price will have a correction according to RSI of H4 and increase strongly again.
Important price zones today: 3340 - 3345, 3365 - 3370 and 3385 - 3390.
Today's trading trend: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 3367 - 3369
SL 3372
TP 3364 - 3355 - 3345.
Plan 2: SELL XAUUSD zone 3387 - 3389
SL 3392
TP 3384 - 3374 - 3364 - 3345.
Plan 3: BUY XAUUSD zone 3340 - 3342
SL 3337
TP 3345 - 3355 - 3365 - 3385 - OPEN.
Wish you a safe, successful and profitable trading day.💗💗💗💗💗