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Gold Futures – Waiting for the Flush Before the Long (Asian KillMarket Context: Gold is sitting right inside a confluence zone — overlapping Daily + H4 Fair Value Gaps at 3,375–3,380. This zone also aligns with the lower boundary of last week’s range (W-L at 3,397). What I’m Watching: Going into the Asian Killzone, I’m looking for an impulsive spike down into this FVG. This move would ideally push below 3,375, tag liquidity, and create DOM excess — the kind of aggressive selling that often marks exhaustion before reversal. ADX is above 25 and rising, signaling momentum is strong — but we’re at a potential pivot level. Bullish Setup Criteria: Flush down into 3,375 or slightly below. DOM excess showing absorption (stuck sellers). Strong rejection candle (M1/M5) followed by bullish follow-through. Targets if Triggered: T1: 3,397 (Weekly Low) T2: 3,423 (Daily High) Stretch: 3,451 (Monthly High) Invalidation: 1H close below 3,375 without immediate reclaim. Summary: Patience is key. I want to see sellers press in during Asia, fail to break down with continuation, and then get run over on a squeeze higher. If we get the right reaction, this could be the start of a strong move into Weekend.
COMEX_MINI:MGC1!Long
by DWoodz
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
Long
by Fresh-Forexcast2004
Gold Futures – Bearish Target Hit… But the H4 Gap Still WaitsYesterday’s sessions made their move for the higher bearish target, leaving the H4 & Daily FVG untouched below. This sets up an interesting scenario: will price roll over to fill the gap next, or keep hunting liquidity above? Key levels and volume profile zones are adjusted for today. Premium supply zone reached ✅ H4/Daily FVG still in play 📉 Watching London Killzone for impulsive confirmation Patience is the edge — no clean setup, no trade.
COMEX_MINI:MGC1!Long
by DWoodz
XAUUSD - Daily | UpdateGold is still in the upper range of this consolidation zone. You can see the high of the range is 3430, and the low is 3240 roughly. Bulls: Gold has cleared the Bearish FVG, only to pull back into a bullish FVG. If the price is bullish, then we should reject the gap with ease. Gold has just confirmed bullish price action. Look for gold to remain above 3330 and create a higher high. Bears: So with that said... If Gold fails to remain bullish above 3330, the price may move to a lower liquidity zone, such as 3300. Watch for gold to give a clear sign of rejection before entering a sell **New Bearish FVG has form. Possible retest area 3370
CAPITALCOM:GOLD
by nikdobii
Gold Futures: Low ADX Signals Liquidity Play Before TrendGold Futures (MGC) continues to consolidate with ADX below 25 across all timeframes up to the Daily, signaling that the market is not ready to trend just yet. Yesterday’s session was mostly sideways, building liquidity on both sides of the range. With the H4 and Daily FVG overlap still in play, I’m watching for a potential sweep of yesterday’s low into the Daily FVG zone before any sustained attempt higher. However, low ADX conditions mean price is more likely to rotate between liquidity pools than run in a clean, one-sided trend. That opens up the possibility of: Scenario A: Direct sweep of yesterday’s low → fill the Daily FVG → bounce toward midrange. Scenario B: Fake bullish breakout into untested supply (3,410–3,420) before the low sweep. Scenario C: Overshoot of the low into the 3,350 HVN before any meaningful reaction. Plan: Stay patient, focus on killzone impulsive displacement after liquidity is taken, and keep profit targets tighter — aiming for midrange or HVN instead of chasing extended moves.
COMEX_MINI:MGC1!Long
by DWoodz
AUDUSD: Gold Breakout & DXY Resistance Could Fuel Bulls!!Hey Traders, In tomorrow’s session, we’re eyeing a buying opportunity on AUDUSD around the 0.65100 zone. The pair remains in an uptrend and is currently in a correction phase, approaching a key support level at 0.65100. We’re also keeping a bullish bias on Gold, which is attempting to break and hold above 3,400. Given the positive correlation between Gold and AUDUSD, this could lend additional upside momentum to the pair. Meanwhile, the DXY is approaching the 98.300 resistance. A rejection from this level could serve as a strong catalyst for AUDUSD bulls. Trade safe, Joe.
Long
by JoeChampion
23
EURUSD Under Pressure Ahead of U.S. CPI ReleaseIn line with the dollar’s hold, EURUSD is trading between 1.1580 support and 1.17 resistance, forming a bullish rebound from its 200+ pip drop in July. A clean hold above 1.17 may extend gains toward the 1.18 resistance, with further upside possible toward the 2021 highs — with key levels in sight at 1.20 and 1.24. On the downside, if the DXY recovery continues, EURUSD may face selling pressure below 1.1580, potentially pulling prices toward 1.1450 and 1.1380. A confirmed break of those levels could open the way for a deeper decline toward 1.12 and 1.11, where renewed bullish positioning may re-emerge. - Written by Razan Hilal
by FOREXcom
Is Gold Ready to Break Out from 5-Month Consolidation?Gold has remained in a consolidation phase since April 2025, following its record high of 3500, trading within a narrowing range between 3450 resistance and 3260 support. With tariff-related news easing, price action has softened slightly but continues to hold within the consolidation zone near 3350, awaiting confirmation from the CPI print to either reinforce dollar weakness and rate cut expectations or reverse the current narrative. Technically, a clean hold above 3400 and 3450 could extend the rally beyond the 3500 record, toward the 3780 level first, and the 4000 checkpoint second. To the downside, a close below 3260 would open further risk toward 3130 and 2980, potentially offering another long-term accumulation zone. Written by Razan Hilal, CMT
FOREXCOM:XAUUSD
by FOREXcom
Gold Futures: Short-Term Bounce Before Bigger Play?Gold Futures (MGC) has now reached the H4 + Daily FVG confluence zone we’ve been tracking over the past few days. Price action has been decisively bearish, breaking key intraday supports and targeting liquidity below the weekly low. On the 1H & 4H, the ADX > 25 confirms strong short-term momentum, but the higher timeframes (8H+) still lack the directional conviction for the “big play.” This suggests the current move may be part of a broader setup still in development. Here’s the scenario I’m watching: Asian Session: Potential bullish retracement toward the POC in the volume profile as buyers step in from current FVG support. London Session: Opportunity for shorts if price tags the supply zone around 3,430–3,447 and fails to reclaim higher levels. NY Session: Possible reaction inside the remaining bullish FVGs, especially if USD news catalysts shake up momentum. 📊 Key Levels: Support: 3,397 (W-L), 3,385–3,350 (lower FVG & HVN). Resistance: 3,432–3,447 (supply), 3,466 (D-H). Bias: Short-term bounce → London short setup → watch for NY session reaction. Tomorrow’s USD-heavy news cycle could be the volatility driver that determines whether we get a deeper drop into the 3,350s or a reclaim back toward the mid-3,400s.
COMEX_MINI:MGC1!
by DWoodz
Fundamental Market Analysis for August 11, 2025 GBPUSDThe Bank of England (BoE) cut its key interest rate by 25 basis points (bps) last week, as expected, bringing the base rate down to 4%, its lowest level since 2023. However, the narrow 5-4 vote indicated greater resistance to rate cuts than expected by the markets, prompting traders to reduce their bets on aggressive easing by the BoE. In addition, traders are also factoring in the likelihood that the US central bank will cut interest rates at least twice before the end of this year. Meanwhile, expectations for a dovish Fed policy were confirmed by comments from Fed Governor Michelle Bowman on Saturday, who said that three interest rate cuts would likely be appropriate this year. Bowman added that the clear weakening of the labor market outweighs the risks of future inflation. This, in turn, should limit the decline of the GBP/USD pair. The latest US consumer inflation data will be released on Tuesday, while preliminary UK second-quarter GDP data and the US producer price index (PPI) will be released on Thursday. These important data points should provide significant momentum to spot prices and help determine the next phase of the directional movement. Trading recommendation: BUY 1.3490, SL 1.3410, TP 1.3570
Long
by Fresh-Forexcast2004
Bearish drop?The US Dollar Index (DXY) is reacting off the pivot which is slightly below the 38.2% Fibonacci retracement and could drop to the 1st support. Pivot: 98.64 1st Support: 97.11 1st Resistance: 100.20 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYShort
by ICmarkets
Gold’s Two-Zone Patience Play – Wait for the FVGs to SpeakPrice action on GC is sitting in no-man’s land, caught between two key imbalances. Above: 1H Bearish FVG at $3,470–$3,480. Below: H4 Bullish FVG at $3,350–$3,375, aligned with the Weekly Low. I’m waiting for price to step into one of these “Patience Zones” before committing. A push up into the 1H FVG during a killzone could set up shorts targeting the W-L and the H4 FVG fill. A drop into the H4 FVG first — especially with a sweep of $3,397 — could provide the low of the week and a strong bullish reversal. No mid-range chasing here — let liquidity do the heavy lifting.
COMEX_MINI:MGC1!
by DWoodz
Fundamental Market Analysis for August 8, 2025 EURUSDThe EUR/USD exchange rate remains stable after rising during the previous three sessions, trading at around 1.1660 during Asian trading hours on Friday. The pair may regain its positions as the US dollar (USD) may struggle as markets assess the probability of a 25 basis point (bp) rate cut at the September meeting at nearly 93%, compared to 48% a week ago. Expectations for a Fed rate cut in September have intensified as the number of new applications for unemployment benefits in the US increased after the US nonfarm payrolls (NFP) report for July pointed to a cooling labor market. Data on initial jobless claims in the US showed that the number of US citizens filing new claims for unemployment benefits rose to 226,000 for the week ending August 2. This figure exceeded the market consensus forecast of 221,000 and was higher than the previous week's figure of 218,000. The probability that the central bank will leave rates unchanged is approximately 87%. Markets estimate the probability of another ECB rate cut before March 2026 at only 60%. Trade recommendation: BUY 1.1660, SL 1.1625, TP 1.1710
Long
by Fresh-Forexcast2004
Gold at All-Time Highs – Blow-Off or Breakdown?Gold has just printed new all-time highs, but I’m approaching with caution. At these levels, everyone long is in profit — leaving no trapped buyers above and only liquidity for smart money to grab. We kicked off the session with an impulsive spike higher, but this may have been a stop run and liquidity sweep rather than the start of another leg up. If price struggles to hold above that spike or fails on a re-test, we could see sellers step in, targeting the 4H FVG zone below. For now, I’m watching: A possible revisit of yesterday’s high to “fix” lack of excess on the DOM London session reaction to today’s spike high Potential short setups if buy-side momentum stalls NY session might deliver the day’s best move, but we could see early opportunities in the Asian and London sessions if price confirms a shift in order flow. What do you think? Is this a blow-off top in the making, or do buyers have one more push?
COMEX_MINI:MGC1!
by DWoodz