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Gold's decline does not mean a bearish trendGold opened high and closed low today, gradually declining from 3405 and then widening its losses, hitting a low of 3354 in the European session. The intraday short-term trend was clearly weak, with the price still unable to break through 3400 and stabilize. In last week's analysis, I emphasized that if this uptrend fails to stabilize above 3400, a downward turn is possible at any time. However, in the medium and long term, the bullish outlook remains unchanged. Although 3400 hasn't been broken, after a deep correction, it will likely break again; it's just a matter of time. It also requires the right opportunity, namely, news stimulus to drive the market. Focus on CPI data. Don't turn bearish based on today's decline; it could potentially rebound tomorrow. Therefore, we recommend avoiding short positions. Even if you do go short, wait for a rebound and use a stop-loss to maintain risk management. Gold is currently trading sideways around 3360. If it rebounds before the US market opens and reaches the 3378-3380 level, short it with a stop-loss at 3390, targeting 3360-3350. If there's no rebound before the US market opens and the decline continues, then consider a bullish trend around 3345. This was last week's starting point and coincides with the 50% retracement support level. A rebound could be expected if it reaches the watershed level of 3334, with a target around 3380. OANDA:XAUUSD VELOCITY:GOLD VANTAGE:XAUUSD CMCMARKETS:GOLD PYTH:XAUUSD FOREXCOM:GOLD EIGHTCAP:XAUUSD
OANDA:XAUUSD
by Charlie_Senior_Analyst
How to correctly grasp the gold trading opportunities?At present, the suppression of 3410 is still quite strong. After testing the resistance, a short-term long-short reversal was formed, and it retreated and broke the 3380 low support. It is expected to test the 3360 and 3345 moving average supports below today. After falling below the 3380 bullish starting point, the short-term trend will temporarily be mainly downward. Only when it is close to the low support can a new layout be made. Therefore, wait patiently for the low point to be retreated and stabilized before considering going long on gold.
OANDA:XAUUSDLong
by Trade-Daniel
XAUUSD – Technical Analysis H1 (August 11, 2025)1. Overall Trend On the H1 timeframe, gold is in a clear downtrend after failing to hold the resistance zone at 3,379 – 3,385. The EMA9 has crossed below EMA20, confirming short-term bearish pressure. Strong selling volume in recent candles indicates sellers are currently in control. 2. Key Support & Resistance Levels Near-term resistance: 3,367 – 3,368 (EMA9 + descending trendline) Major resistance: 3,379 – 3,385 (previous supply zone + 0.382 Fibonacci retracement) Near-term support: 3,357 – 3,353 (recent local low) Target support: 3,333 – 3,332 (0.618 Fibonacci retracement + strong demand zone) 3. Price Action & Pattern Price has formed a Break & Retest pattern on the descending trendline. The downside target is set around 3,332, with a potential R:R ratio of ~3.23 for short positions. High selling volume suggests price may continue testing deeper support levels before any significant rebound. 4. Intraday Trading Strategies Sell setup: Look for short entries when price pulls back to 3,367 – 3,368, SL above 3,379, TP at 3,333. Buy setup (scalping): Consider buys only if price tests 3,332 and shows clear bullish reversal signals with declining sell volume. Maintain strict risk management with R:R ≥ 1:2 and avoid FOMO during high volatility. 5. Conclusion Gold remains biased to the downside in the short term, with 3,367 – 3,368 acting as the key decision zone for potential continuation shorts. Patience and confirmation signals are crucial for maximizing profit potential. Follow for more high-quality daily gold trading strategies.
FX:XAUUSD
by Henrybillion
1
Gold Breaks Rising Wedge – Bearish Targets AheadGold recently broke down from a rising wedge pattern near the $3,385–$3,390 area, signaling potential bearish momentum. Price is currently trading around $3,360, staying below the broken wedge support and also below the main trendline. This breakdown aligns with a shift from short-term bullish to corrective/bearish movement. The trend has shifted bearish unless it reclaims $3,375–$3,388. Short-term bias favors more downside toward $3,350 and $3,342 Key Levels to Watch - Immediate Resistance: $3,370 – $3,375 (wedge breakdown retest zone) - Major Resistance: $3,388 – $3,395 (trendline and previous supply zone) - Immediate Support: $3,350 – $3,352 (short-term Fib and horizontal support) - Major Support: $3,335 – $3,340 (next demand area) - Extended Downside Target: $3,322 (Fib 0.22 level) Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
ICMARKETS:XAUUSDLong
by SibiSh
Gold Sideways, Awaiting Breakout Confirmation📊 Market Overview: Gold on the H1 chart is consolidating between $3,375 and $3,404, with buying and selling pressure balanced ahead of U.S. CPI data. Narrow H1 candles suggest imminent volatility. 📉 Technical Analysis: • Key Resistance: $3.400–$3.410 • Nearest Support: $3.358–$3.351 • EMA: Price hovering around EMA 50, with EMA 9 crossing below EMA 21 → short-term bias slightly bearish. • Pattern / Momentum: MACD losing bullish momentum, RSI neutral at 48–50, Inside Bar pattern forming on H1. 📌 Outlook: • A break below $3.351 could drive gold toward $3.333–$3.321. • Holding above $3.370 and breaking $3.400 could target $3.410–$3.420. 💡 Suggested Trading Strategy: 🔻 SELL XAU/USD : $3.397–$3.400 🎯 TP: 40/80/200 pips ❌ SL: $3.403 🔺 BUY XAU/USD : $3.352–$3.355 🎯 TP: 40/80/200 pips ❌ SL: $3.349
OANDA:XAUUSDLong
by Mian-FXSignals
XAUUSD Buying Opportunity from Key Support ZoneXAUUSD – Gold Price Analysis for August 11, 2025: Buying Opportunity from Key Support Zone In today’s session, gold (XAUUSD) on the H1 timeframe is pulling back after breaking the short-term support zone at 3,376 – 3,378 and moving down towards 3,356 – 3,358 – which aligns with the 0.618 Fibonacci retracement of the previous bullish swing. This is a key support area where buyers may step in if the market reacts positively. 1. Technical Analysis EMA: Price is trading below the short-term EMA, showing sellers in control, but the gap is small, leaving room for a potential rebound. Fibonacci: The 0.618 level around 3,356 acts as a technical pivot and strong support. RSI: Approaching oversold territory, signaling a possible technical bounce. Trendline: Price is testing the medium-term ascending trendline from late July. Holding this level would strengthen the bullish outlook. 2. Key Price Levels Near-term Resistance: 3,376 – 3,378 Major Resistance: 3,383 – 3,384 and 3,393 – 3,395 Near-term Support: 3,356 – 3,358 Major Support: 3,340 3. Trading Strategies Primary Scenario: Buy around 3,356 – 3,358, stop loss below 3,348, take profit at 3,376 – 3,378, extended targets at 3,383 – 3,393. Alternative Scenario: If price breaks below 3,348 with strong volume, consider selling towards 3,340 – 3,328. Today’s bias remains buying at support – taking profit at resistance. Traders should closely monitor price action at these levels to optimize entries. Follow for more actionable gold trading strategies in the upcoming sessions.
FX:XAUUSD
by Henrybillion
7
London Gold Early Trading StrategyGold prices saw a slight rise early in the session before retreating due to a brief easing of safe-haven demand. Gold prices have resumed a broad range-bound pattern, with recent price action showing both up and down swings but lacking strong follow-through support. For now, it's best to avoid chasing the rally. As gold prices retreat to support, we recommend initiating a new position. The current price is 3,374 – enter now! On the hourly chart, gold prices remain in a broad consolidation range. Key support at 3,365 (the previous low) remains holding, and the short-term trend remains tilted to the upside. After a sharp drop to 3,367 this morning, the rebound was strong, confirming solid support near 3,365. Therefore, we continue to buy on dips. Markets move fast—keep an eye on resistance at 3,410. The big question is whether this consolidation is forming a top or just building momentum for another push higher. If gold keeps failing at 3,410, bears might finally step in. Either way, patience is key—don’t rush into trades just because it’s moving up or down.
TVC:GOLDLong
by Matthew_8888
XAUUSD (Gold) price is ranging between 3248-3428 from April 2025XAUUSD (Gold) price is ranging between 3248-3428 from April 2025 to date, 11th August 2025. Key level for selling 3380-3428 (before placing an order, must watch the daily candles and H4 for better understanding). Gold overall has strong bullish momentum. In my view, gold is consolidating at the levels, but in the coming days, any new geopolitical event or any conflict in any country of the world will lead to more bullish momentum in gold. As I mark it, buying gold is more safe and profitable in current situations, but keep in mind you must have the up-to-date geopolitical events and economic news. If the price gets ranged and touches 3355, and you see any rejection candles after that and a strong confirmation candle, then you should place a buy trade with proper stop loss and take profit.
FOREXCOM:XAUUSDLong
by Bloom_Forex_Official
Gold & DXY Analysis 09/08/2025Support Zone: 3276 Resistance Zone: 3400 With CPI and PPI failing to meet forecasts repeatedly and Trump's direction to tariff 100-ounce gold bar imports, the US Dollar Index (DXY) will continue its bearish downtrend structure. We can confirm this through the 1-hour and 4-hour failed change of character to create new highs inside the bullish structure. Gold formed higher lows (HL) and lower highs (LH) however, failed to break higher highs (HH) and lower lows (LL) while in a consolidation range in the lower timeframes. This gives me confidence that price has a high probability of continuing the bullish trend structure to the upside. Added support to push past 3400 is through the daily timeframe where we can see a double top and bottom formed on 13 June to 31 July between our support and resistance zone creating higher highs but failing to break our lower lows. This suggests that Spot Gold will move towards 3441 pips or 3499 pips through the week with the coming news and current chart patterns.
FUSIONMARKETS:XAUUSDLong
by ReggiePlays
2
XAUUSD – Is Gold Ready for Its Final Rally? 📈 Elliott Wave Analysis on XAUUSD – Is Gold Ready for Its Final Rally? 💥 On the daily chart of XAUUSD, we’re observing the completion of a wave 4 triangle correction (ABCDE), which seems to be setting the stage for the beginning of wave 5 in the larger bullish cycle. ✅ Wave 3 showed a strong impulsive structure, and now the wave 4 triangle suggests consolidation before an explosive breakout toward the $3900 zone. 📍Key Resistance: 3900 🌀 We're anticipating a breakout above the upper channel line, potentially launching a sharp move as wave 5 unfolds. 💬 Share your thoughts in the comments! Do you think gold is ready to break its all-time high? 🔥 Save this idea & follow for future updates! ------------------------------------------------------------------------------------------------------ 🚀 Who am I? I'm Mahdi, a prop firm trader with 7+ years of experience in technical analysis, mainly focusing on Smart Money Concepts and Elliott Wave theory. I specialize in delivering high-quality trading signals, market insights, and educational content tailored for serious traders and investors. 📊 My Tools: SMC, Elliott Wave, Fibonacci, Liquidity Grabs, Order Blocks 💼 Prop Challenge Passed: Yes | Funded Account: In Progress 🔗 Follow for consistent updates and trading insights.
FOREXCOM:XAUUSDLong
by mahdiomidi
Gold May Continue Its Short-Term Uptrend📊 Market Snapshot: • Gold is holding above the $3,383–3,385 zone, reflecting strong buying pressure and slightly higher liquidity. • Weaker-than-expected U.S. economic data, along with expectations of Fed rate cuts, are supporting gold’s upward momentum. 📉 Technical Analysis: • Key Resistance: ~$3,408 (intraday high) • Nearest Support: ~$3,383–3,385 • EMA: Price is currently above EMA 20, 50, and 100, indicating a clear bullish trend. • Candlestick / Volume / Momentum: The $3,408 resistance zone could trigger a short-term pullback; momentum is showing signs of slowing near this level. 📌 Outlook: Gold may continue rising in the short term if it holds above the $3,383–3,385 support zone and breaks through $3,408 with strong liquidity. However, watch volume and price action at resistance — if momentum weakens, a pullback could occur. 💡 Suggested Trades: SELL XAU/USD : $3,406–3,409 🎯 TP: 40/80/200 pips ❌ SL: ~$3,412 BUY XAU/USD : $3,381–3,384 🎯 TP: 40/80/200 pips ❌ SL: ~$3,378
OANDA:XAUUSDLong
by Mian-FXSignals
XAUUSD Gold Intraday Setup 8 Aug 2025Price is currently respecting the ascending trendline and a nearby demand zone around 3385. If price holds above this level, a potential long setup may develop. Entry: Around 3385 (upon confirmation of support holding) Stop Loss: Below 3375 (invalidate if this low breaks) Target: Previous swing high near 3409 The setup aligns with the ongoing bullish structure. Monitor price action near the trendline for confirmation before entering.
FOREXCOM:XAUUSDLong
by QuinnReed_Charts
Gold is currently rising graduallyUp to now, the 1 long and 1 short position has earned a total profit of 400pips. First, I clearly positioned myself in the 3400 area for a short position. As expected, gold fell back under pressure, hitting a low near 3391. However, the decline lacked continuity, and after rebounding, it hit a stop-loss at 3395, exiting the position with a small profit-taking stop. I managed my risk and exited the position with a small profit-taking stop, earning 50 pips on each trade. I then re-introduced the long position strategy in the 3385-3380 area. As expected, gold fell to the target area and rebounded strongly, smoothly rising to the 3400 target. Both trades yielded a profit of 350 pips, a perfect execution of my plan. At a certain level in trading, technology is merely a tool; the true determinants of success or failure are mindset and execution. In this market where most people are destined to lose money, a reliable trading system is essential, but even more crucial is absolute execution. Ultimately, we trade not price, but conviction. We trade 2-5 trades daily, with a high win rate and high execution. We provide transparent profit reports daily. We maintain a steady pace and avoid blindly chasing orders. We share our strategies only occasionally, so please monitor the bottom of the market for specific entry tips and analysis of trading strategies. Choice is more important than effort. Only by identifying the direction can you make continuous profits. In the short term, gold prices continued their upward trend in the previous trading day, relying on the support levels of 3370-3375. Gold prices finally broke through the 3400 mark, closing with a medium-sized bullish candlestick on the daily chart. Today's gold trend saw a rapid rise followed by a decline. This is particularly important to note: a surge often signals negative trends, a market principle we have repeatedly emphasized. Even if such a surge and decline doesn't directly trigger a decline, it will limit subsequent price gains. Therefore, it's not advisable to rush into the market. Even if considering a long position, wait for a sufficient correction before making a decision. The key support area below is 3385-3370, with 3370 being the intraday dividing line between long and short positions. If the upward trend continues, the correction should not fall below the previous low support level of 3370. If this support level is effectively broken, the upward trend structure will be disrupted, and a timely adjustment of the position is necessary. The current market is still experiencing a large-scale, cyclical, and volatile pattern, rather than a completely unilateral trend. The reason for maintaining a long position this week is that after stabilizing at the 3268 support level, the market entered a period of relatively strong volatility. The mid-term bullish trend following the release of the non-farm payroll data failed to develop into a long-term bullish breakout. The upward trend was accompanied by periodic pullbacks, indicating an overall upward trend rather than a strong, one-sided market. Therefore, we maintain a bullish outlook, but we must not be blindly optimistic in our operations! Gold Trading Strategy: We recommend buying gold in batches around 3385-3370, with a target of 3400-3410.
OANDA:XAUUSDLong
by Trade-Daniel
Gold Trading Strategy August 8XAUUSD – Bullish Breakout from Triangle Pattern Gold has officially broken the upper boundary of the triangle accumulation pattern, confirming the continuation of the uptrend. This bullish momentum is heading directly towards the 3430 area, and if the buying pressure is maintained, the 3445 level is completely within reach. Today is Friday, the closing day of the weekly candle, so the oscillation amplitude is usually stronger and the price can easily approach new peaks. Observation shows that the buying pressure in the US session has been maintained continuously in recent days - this supports the strategy of BUYing now and holding until the US market opens. Support zone: 3385 – 3365 – 3333 Resistance zone: 3419 – 3431 – 3445
OANDA:XAUUSDLong
by TVS-Trader
Gold once again fell into range consolidation, how to operate inToday, Friday, gold finally closed above 3380 after Thursday's close. It initially surged to a high near 3408 on Friday's opening. Gold is currently consolidating above 3380. Over the past two days, gold has largely fluctuated between 3360 and 3360. After closing above 3380 yesterday, the current range has shifted to 3380-3400. The hourly chart also shows the current range between 3380 and 3400. Of course, 3380 is currently a significant support level. If it falls below 3380 again, the range could fall back to 3380-60. On the other hand, the current resistance above is around 3400 points. If it stabilizes above 3400 (based on today's high, a new high would essentially indicate stability), the subsequent range would become 3400-3450. This means that after stabilizing at 3400, there's a possibility of continued higher highs. Of course, gold is currently trading between 3380 and 3400, depending on where it breaks in the US market. Whichever way the breakout occurs, follow the trend. Another possibility is that it could continue to consolidate between 3389 and 3400. If this is the case, then you can simply buy low and sell high within the range.
TVC:GOLD
by Matthew_8888
1
Gold Poised to Continue Rising If Supports Hold📊 Market Overview: Gold remains on the rise amid expectations of further Fed rate cuts, a weakening U.S. dollar, and persistent tariff-related uncertainty. Citi has raised its 3-month forecast to $3,500–3,600/oz 📉 Technical Analysis: • Current Resistance Levels: o Near-term: $3,408–3,412 o Extended: $3,421 and $3,442 • Key Support Levels: o Immediate: $3,375, then $3,355 and $3,343 o Deeper: $3,312–3,300 demand zone on TradingView, and April low at $3,170 • Technical Trend: Gold continues to receive strong bullish signals across multiple moving averages, and FXEmpire indicators show “Strong Buy” across most timeframes 📌 Outlook: The short-term bias is clearly bullish. As long as gold holds above the $3,375 support and breaks through the $3,408 resistance, it is likely to rally toward the $3,420–3,440 area. 💡 Suggested Trading Strategy: BUY XAU/USD : $3,375–3,378 🎯 TP: 40/80/200 pips ❌ SL: $3,370
OANDA:XAUUSDLong
by Mian-FXSignals
Fed cuts interest rates or political tensions riseExperts from financial institutions such as Tierra, Goldman Sachs, and UBS predict that the world gold price in August will fluctuate around the threshold of 3,420 - 3,520 USD/ounce, and may exceed 3,600 USD/ounce if the FED cuts interest rates or political tensions increase. Ms. Soni Kumari - commodity strategist at ANZ, commented: "Uncertainty is back in the spotlight, especially after new developments related to tariffs, which is reviving safe-haven demand. In addition, macro market sentiment also supports gold, especially when the USD weakens and expectations of the FED cutting interest rates increase."
TVC:GOLD
by FalCol_TradingMaster
Gold Price Setup – Liquidity Grab Before Bullish Rally?Price is currently hovering above the 15M Order Block (OB) and testing the ascending trendline, aligned with the 200 EMA support. 📌 Key Points: Price rejected from the higher channel boundary and entered the Rejection Area near 3,405 – 3,409 ($$$ liquidity zone). Expecting a possible dip into the 15M OB for liquidity grab and trendline retest. If bullish confirmation forms, a potential rally toward 3,405 and possibly 3,409 is on the table. A break below 3,385 would invalidate the setup and could shift sentiment bearish. 🎯 Bullish Target: 3,405 – 3,409 🛡 Invalidation: Break below 3,385
OANDA:XAUUSDLong
by Erin_Gold_Vault