XAUUSD: Bullish Momentum Fueled by Latest PCE Data👋Hello traders! What do you think about the current trend of OANDA:XAUUSD ?
Gold continued its rise on Friday, surpassing the recent target of $3,750 , as the U.S. Dollar (USD) weakened following the latest Personal Consumption Expenditures (PCE) inflation report, which showed no surprises in inflation (holding steady at 0.2%).
Currently, XAUUSD is showing strong bullish momentum, breaking above the previous trendline and moving within an expanding wedge pattern. The price is holding above the trendline support and is heading toward higher levels, with potential targets around $3,785-$3,800. The momentum is clearly in favor of buyers, especially after the recent pullback, setting up for a potential breakout.
With inflation concerns still present and the PCE data supporting continued economic resilience, gold demand is rising. The market is likely to continue rising in the short term as investors flock to safe-haven assets like gold.
💬What do you think about the current trend of XAUUSD? Do you agree with this bullish outlook? Let me know your thoughts in the comments!
Buy-signal
Professional Analysis and BUY SIGNAL: AAVEUSDT (Daily Timeframe)Current Setup:
AAVE has delivered a buy signal following a successful breakout and consolidation above the key $340.49 resistance level, with confirmation at $345.61. Although the second candle after the signal touched $380 and formed a large upper shadow (indicating short-term profit-taking and buyer trapping), the overall structure remains aligned with the bullish trajectory. The asset is now consolidating within the $345.61–$275.76 range, offering a potential entry zone for strategic buyers.
Trigger & Confirmation:
The buy signal was confirmed at $345.61. While the rejection at $380 suggests increased short-term volatility, it does not invalidate the broader bullish outlook. Traders may consider entries near the $345–$350 support zone, with a decisive close above $380 reaffirming momentum.
Projection:
Upon sustained bullish momentum, AAVE is poised to target $415.46 (Target 1) and $485.31 (Target 2). The recent rejection at $380 implies potential consolidation before upward resumption. A breakout above $380 could accelerate momentum toward higher targets.
Risk Management:
Stop-Loss: $275.76 (daily close below).
Position Strategy:
Given the recent volatility, limit orders near $345–$350 are advised for optimal risk-reward.
Use SPOT trading or low leverage (≤3x) to mitigate volatility risks.
Risk ≤5% of capital per position.
At $415.46 (Target 1), close 75% of the position to secure profits and adjust the stop to breakeven.
Hold the remainder toward $485.31 (Target 2).
Note: The upper shadow at $380 underscores the need for disciplined entry and risk management. This signal remains valid unless $275.76 is lost.
Trade Safe,
S.Reza Mehrjuyan / CEO FNS
Analyst, Manager
GBPUSD – Which Way Next?Hello everyone, what do you think about FX:GBPUSD ?
The pair is currently trading around 1.3450, after rebounding from a short-term support zone. Earlier, a sharp drop pushed GBPUSD lower, but buyers quickly stepped in. If buying pressure is strong enough, the pair could retest the 1.3500 – 1.3520 area.
On the other hand, the Support Zone remains a target for sellers. This is a crucial short-term phase: Buy if price holds support – Sell if it fails at resistance.
Which direction do you think GBPUSD will take? 📉📈
EURUSD Holds Bullish Momentum – Next Target 1.177?Hello everyone, what do you think about the trend of FX:EURUSD ?
EUR/USD continues its upward momentum, trading in positive territory around 1.1700 during the end-of-week session. Mixed retail sales and consumer sentiment data from the US have made it difficult for the US Dollar to gain traction, allowing the pair to maintain its position.
The price is moving well within an ascending channel, and after a bounce from support, I expect the bulls to remain in control. The upper limit at 1.177, which also serves as H4 resistance, is my target for this idea.
What do you think about EURUSD? Leave your thoughts in the comments!
GBP/USD Extends Rally After Breaking Key TrendlineHello everyone, what are your thoughts on FX:GBPUSD ?
Today, the pair continues its winning streak, currently trading around 1.358. Broad selling pressure on the US Dollar (USD) has fueled GBP/USD’s bullish momentum. From a technical perspective, the pair has successfully broken above the descending trendline and closed higher, adding further strength to the bulls.
Price is now testing immediate resistance, and the formation of a head-and-shoulders pattern is showing strong potential. If this setup completes, the next target could be the resistance at the 1.374 high.
What about you — where do you think GBP/USD is heading next? Share your thoughts in the comments!
XAUUSD - Precious Metal Regains MomentumHello everyone, what’s your view on OANDA:XAUUSD ?
Gold is reversing some of its previous losses and is moving within an upward price channel. The precious metal has climbed to $3,368, recovering more than $12 on the day. This marks a rebound in the global gold market after two consecutive sessions of decline.
A weaker US dollar has supported this uptick, with gold hovering around $3,350/oz ahead of the upcoming meeting between US President Donald Trump and Russian President Vladimir Putin. If the Alaska meeting fails to resolve tensions, gold could climb back toward the $3,400 mark.
From a technical perspective, gold is moving in a main upward channel and could form two smaller sub-channels (the upper channel already completed). If support near $3,350 holds, the next target will be the round $3,400 level.
Looking at the outlook: Today, key economic indicators, including Core PPI (Core Producer Price Index), PPI (Producer Price Index), and Unemployment Claims, will be released. Forecasts suggest that Core PPI and PPI will increase by 0.2%, while Unemployment Claims are expected to drop to 225K.
If PPI is high, this could cause the Fed to maintain high interest rates, putting downward pressure on gold. However, if Unemployment Claims increase, gold could benefit from its safe-haven role and continue to rise (two opposing factors). Therefore, follow these developments to determine the precise direction for gold.
With this information, I am leaning towards a recovery in gold. What about you?
EURUSD short-term bullish outlookHello traders, what are your thoughts on the FX:EURUSD trend?
EURUSD is currently holding its uptrend within a rising channel, with key support around 1.1600 and a potential upside target near 1.1800.
The rising channel structure and stable 34 and 89 EMAs suggest that buying pressure could push the market beyond the current resistance area near 1.1700. However, a short-term pullback to retest support before resuming the climb is also a likely scenario.
Overall, the technical setup continues to favor a bullish outlook. Keep a close eye on the channel boundaries and resistance zones to refine your trade decisions.
In this analysis, I expect short-term upside momentum — what’s your view on this pair?
EURUSD : Buy to Win ? Hello everyone, what’s your view on FX:EURUSD trend?
EURUSD is currently forming its first Bullish Pennant pattern after a strong upward move, suggesting a high probability that the market will continue to push higher.
On the H1 chart, after a period of sideways movement, the price has broken out and entered a narrowing consolidation zone – a hallmark of the pennant pattern. The short-term EMA remains above the long-term EMA, supporting the bullish bias.
Preferred scenario: If the price breaks clearly above the upper boundary of the pattern, the buying target will be in the 1.17xx zone.
This pattern often appears in the middle of a trend, so if the breakout is successful, the rally could extend with stronger buying momentum.
Good luck!
Kevinn_Nguyen!
Gold holds its bullish momentum - Strategy 1000 pips ? Hello everyone, what do you think about gold prices?
Yesterday, gold ended the session near the key psychological level of 3,400 USD. Overall, the metal remains in a short-term uptrend.
Some immediate supporting factors include:
-Concerns about the US economy – The Fed may soon have to cut interest rates, weakening the USD and making gold more attractive.
-Geopolitical uncertainty – Trade tensions between the US and India over Russian oil imports are prompting investors to turn to gold.
-Financial market volatility – Global equities show signs of a pullback after a strong rally, driving defensive capital flows into gold to reduce portfolio risk.
From a technical perspective: XAUUSD is maintaining a steady upward trend after breaking out of its previous down channel and forming a Rising Wedge pattern. On the chart, prices are consistently creating higher highs and higher lows, with the range narrowing over time — a sign that the market is consolidating before a potential breakout.
Currently, the lower boundary of the wedge is acting as support. If prices hold above this level, the primary scenario remains a move higher toward the 3,433 to 3,450 USD resistance zone. Conversely, if the wedge’s support is broken, the price could retrace to 3,350 USD before the uptrend resumes.
And you — what’s your view on XAUUSD’s next move? Share your thoughts in the comments!
Gold rises on continued central bank buyingHello everyone, great to see you again!
Gold prices have continued their upward momentum since last night, reaching as high as 3,403 USD, up 33 USD from the session’s low. At the time of writing, gold is undergoing a slight pullback but remains elevated around 3,385 USD.
The primary driver behind today’s rally is news that the People’s Bank of China (PBoC) continued accumulating gold in July, marking the ninth consecutive month of purchases.
Specifically, PBoC’s gold reserves increased by 60,000 ounces, bringing total holdings to 73.96 million ounces. Since November last year, China has purchased roughly 36 tonnes of gold in a move to diversify reserves and reduce reliance on the US dollar.
This trend of central bank gold buying, particularly by China, has been one of the key factors pushing gold prices up by 30% year-to-date, even though the pace has slowed as prices remain high.
With continued buying from central banks, gold is expected to maintain its upward trajectory, although a stronger US dollar could pose some headwinds.
EUR/USD Holds Steady Ahead of US DataHello everyone, what are your thoughts on FX:EURUSD ?
Today, the pair is trading in a narrow range around 1.1650 on Friday. While the US dollar is struggling to regain strength, a slight pullback in EUR/GBP following the Bank of England’s policy announcement has limited the upside for EUR/USD. The market now awaits upcoming US economic data.
From a technical perspective, EUR/USD remains anchored above newly established support levels. If these levels hold, this pullback could be an excellent accumulation phase before a breakout move.
What do you think? How will EUR/USD move by the end of the session and in the coming days?
XAU/USD Short-Term Buy Opportunity ? XAU/USD has recently formed a bullish pattern, currently trading around 3,380 USD and showing an increase of more than 10 USD for the day.
From a technical analysis perspective, the price is following an upward trendline and showing signs of momentum accumulation. The area around 3,350 USD provides strong support, which could establish a solid base for further upward movement.
Key Levels:
Resistance (Target 1): 3,396 USD
Resistance (Target 2): 3,432 USD
To consider a short-term buy, it’s important to monitor price action around the support levels and wait for confirmation t
Good luck!
EURUSD Short-Term Bullish Momentum - Buy ? Hello everyone, what do you think about EURUSD?
Yesterday, we discussed the sideways movement of this pair, and now, it seems that EUR/USD is showing a short-term bullish trend. The price is currently moving around 1.165, as marked on the chart.
In the short term, the market appears ready for further upward movement. With support at multiple levels (Support 1 and Support 2), and the possibility of forming a Support 3 to reach the target of 1.177, the overall outlook remains optimistic.
Keep an eye on how the market reacts at these important levels! Don’t forget to like if you agree with my view!
Good luck!
Gold Continues Strong Bullish Move Hello everyone, wishing you a great trading day!
After a sharp decline from the recent highs, OANDA:XAUUSD quickly regained its strength and established a clear upward trend. The H4 chart shows the potential formation of a new upward trendline, with support positioned around the 3,350 USD zone.
This recent recovery is not just a technical bounce – it's supported by strong fundamental factors: weakening US bond yields, rising expectations that the Fed will cut interest rates in September, and a market sentiment that’s leaning towards safe-haven assets.
Currently, gold is trading around 3,380 USD and seems to be consolidating the momentum to approach the next resistance level at 3,433 USD. If the price holds above the new trendline and doesn’t break the marked support, the continuation of the upward trend is highly likely.
Personal view: The bullish trend remains intact – just a breakout confirmation and the 3,433 USD target will be within reach.
What do you think? Will gold continue its breakout this week? Leave your thoughts in the comments below!
EURUSD – Which Way Will It Break?Hello everyone, what are your thoughts on the EURUSD trend?
EURUSD is currently experiencing a Bollinger Bands squeeze, signaling a potential breakout in either direction. The price is trading near the lower limit, hovering around 1.157 , with two potential scenarios unfolding:
Bullish scenario: The price could break upward toward 1.172, testing the upper resistance zone.
Bearish scenario: If the price falls below the lower limit, it could head towards the sell target at 1.140.
💬 For me, I’m leaning toward FOMO (Fear of Missing Out) and following the sell trend with a target of 1.140. What about you? Let me know your thoughts in the comments below!
Gold Set to Reach Historic HighsHello everyone, great to see you again!
Gold has been on a strong upward trajectory, breaking previous bearish structures and showing solid growth momentum. Market sentiment is heavily supported by the weakening of global currencies, particularly the US dollar, and expectations surrounding the potential interest rate cuts by the Federal Reserve.
Looking at the technical picture, we are approaching the historic peak of $3,433. The gold market is showing significant strength, confirmed by EMA 34 and EMA 89, as well as new support zones, signaling a trend reversal and confirming the bullish outlook.
The next few trading sessions could play a critical role in confirming whether the precious metal can break the all-time highs.
What do you think? Is gold about to make history? Let me know in the comments below!
USDJPY Bullish Momentum Continues ? Hello traders, what do you think about USDJPY?
As of now, USDJPY is showing a slight upward movement after the recent correction. The price is trading around 147.59, not changing much since the beginning of the session.
The Japanese yen remains under pressure due to Japan’s slow recovery and ongoing economic challenges, giving USD an edge to capitalize on recent gains.
From a technical standpoint, USDJPY is moving in an ascending wedge pattern. After testing the trendline support near 147, the pair could be headed toward the psychological target of 150, or even higher towards the upper trendline boundary in the coming days.
Keep an eye on the price action near key resistance levels as the market continues to evaluate global economic factors, especially the upcoming US jobs data and Fed policy outlook.
What’s your take on USDJPY? Do you expect this pair to rise further? Let me know in the comments below!
GBPUSD – Trendline Broken, More Downside Ahead?Hello traders! What’s your take on GBPUSD?
The GBP/USD pair has broken below its long-term ascending trendline and is now trading beneath a key resistance zone. After a failed breakout at the newly formed trendline, price quickly reversed and dropped sharply.
This resistance zone previously acted as a strong support level but has now been flipped to resistance. If price fails to reclaim this area during the next pullback, the bearish outlook will be further confirmed.
💬 Do you think GBPUSD will bounce from the 1.32 region, or will it continue falling toward the lower targets? Share your thoughts below!
EURUSD Faces Renewed Selling PressureHello, what are your thoughts on EURUSD?
After failing to break above the 1.1600 level, the EUR/USD pair is now facing strong selling pressure again, currently testing the mid-1.1500s on Monday. Meanwhile, the US Dollar has seen a modest rebound across the board as investors digest Friday’s sharp drop following weaker-than-expected US jobs data.
From a technical standpoint, this setup may lead EURUSD to even lower levels. The recent movement aligns well with our previous outlook and follows the Dow Theory principles.
I'm expecting the price to continue its correction—what about you?
Gold Surges on Weak NFP Hello everyone, what’s your take on XAUUSD?
Gold prices soared at the end of the last session and are now trading around $3,380. This sharp rise followed a weaker-than-expected U.S. Non-Farm Payrolls (NFP) report, which shifted market sentiment toward expectations that the Fed may delay interest rate cuts. As a result, the U.S. dollar weakened and demand for gold as a safe haven surged.
Technically, gold appears to be forming a cup and handle pattern, with the first resistance target at $3,400, followed by $3,435.
What do you think? Could this rally continue? Let us know in the comments!
EURUSD – Bearish pullback in play ? EURUSD has broken the ascending trendline and dropped below the EMA confluence, confirming a bearish structure. The current rebound is testing the 0.5–0.618 Fibonacci zone, but weak buying pressure and rejection candles suggest it’s likely just a technical pullback.
If momentum holds, the pair may resume its downtrend toward 1.1400 and potentially 1.1296. The bears remain in control unless strong fundamentals shift the balance.
USDCHF – Bullish comeback in progress?Hey everyone! What’s your take on the current trend of USDCHF?
While the pair experienced a recent dip, take a step back and look at the bigger picture — doesn’t it still seem to be moving within an ascending channel?
Right now, USDCHF is hovering around 0.8092 and starting to bounce back. The recovery appears to be supported by a newly formed support zone and the confluence of the EMA 34 and 89. The pair seems to be eyeing the recent high, with potential to climb further toward the upper boundary of the channel.
My current bias? Bullish.
What about you — do you see the same opportunity?
Drop a comment and hit like if you’re on the same page!
Latest Gold Price Update TodayHey everyone! Let’s take a closer look at what’s happening with gold today.
Over the past week, the global gold market experienced dramatic swings. Prices tumbled following cautious remarks from Federal Reserve Chair Jerome Powell, only to rebound sharply after disappointing U.S. employment data.
On Wednesday, the Fed held interest rates steady, and Powell stated, “We haven’t made any decisions for September.” Though brief, that statement hinted that a rate cut isn’t guaranteed — dashing investor hopes and sending gold to its lowest level in four weeks.
But by Friday, the narrative flipped. A weaker-than-expected jobs report triggered a powerful rally. Within just two minutes of the data release, gold surged by $30, closing the week at $3,361 — a gain of over 2% in a single day.
These moves highlight just how sensitive gold is to Fed signals. A slight shift in tone or a single data point can spark major volatility.
From a technical perspective, falling U.S. Treasury yields have allowed XAU/USD to regain bullish momentum, as the market reassesses Fed rate expectations after the weak NFP print. If gold successfully breaks out of its current channel after a short-term pullback, the next target could be $3,400 — or even higher.
Do you agree with this outlook? Share your thoughts in the comments.
Good luck and happy trading!