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Gold Bulls Back in Control as Trump Pressures Fed for Rate CutsHey Realistic Traders! President Trump is ramping up pressure on the Fed to cut interest rates , saying the U.S. is falling behind countries with looser policies. As several Fed officials begin to shift their stance, expectations for rate cuts are growing. That’s putting pressure on the dollar and giving gold a fresh boost. We’ll take a closer look at what this means for OANDA:XAUUSD (Gold) through technical analysis and explore its upside potential. Technical Analysis On the 4-hour chart, Gold has moved above the EMA-200, signaling a shift in momentum to the upside. Price has also broken out of a Descending Broadening Wedge (DBW) pattern, which often indicates the start of a bullish trend. The breakout was confirmed by a Bullish Marubozu candle, reflecting strong buying pressure. To add further confirmation, the MACD has formed a bullish crossover, reinforcing the upward momentum. Looking ahead, the first target is seen at 3417. If reached, a minor pullback toward the historical resistance zone (green area) may occur, with a potential continuation toward the second target at 3500. This bullish outlook remains valid as long as the price stays above the stop-loss level at 3271 . A break below this level would invalidate the setup and shift the outlook back to neutral. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on XAUUSD.
OANDA:XAUUSDLong
by financialfreedomgoals101
Gold Bulls Loading Up – Our Short Squeeze Trigger is Set!🚨 Gold Bulls Loading Up – Our Short Squeeze Trigger is Set! We’re flipping the script on COMEX_MINI:MGC1! After a prolonged downtrend and textbook wedge compression, our breakout long is LIVE – but not without trapping the late shorts first. 💥 Entry: $3,312.1 🛑 Stop: $3,288.4 🎯 Target: $3,458.9 🧮 Risk/Reward: 6.19 Price just bounced at the retest of the wedge apex, and volume is confirming the move. If this holds, we’re riding momentum all the way up – and letting short pressure fuel the breakout. 📈 Trendline breached. ⏳ Time compression converging. ⚠️ If you’re still short, watch your stops!
COMEX_MINI:MGC1!Long
by JoshuaDanford
1
XAUUSD Technical Analysis – Triangle Breakout Ahead?Gold is currently consolidating in a symmetrical triangle pattern around $3,389. If it breaks above $3,402, we can expect a bullish continuation toward $3,420 and beyond. Key support lies at $3,367; a breakdown below this level would turn the trend bearish. The overall trend is still bullish, but a breakout is needed for confirmation. 📈 Potential Scenarios: ✅ Bullish Breakout Scenario: - Break above $3,392–$3,402 zone. - Targets: $3,420 > $3,450 > $3,480 - Supported by strong upward BOS (Break of Structure) and higher lows. ❌ Bearish Breakdown Scenario: - Breakdown below $3,373–$3,367 zone. - Targets: $3,355 > $3,345 - Would invalidate current bullish structure and form a lower low. 🔮 Trend Bias: Bullish Bias remains intact as long as price stays above $3,367 and maintains higher lows. However, consolidation suggests waiting for breakout confirmation from the triangle before entering new trades. 🧭 Trend Outlook: Gold is currently consolidating in a symmetrical triangle pattern, which typically precedes a breakout — either upward or downward. The price is holding above the key Fibonacci support levels and the overall market structure is bullish, suggesting an upward continuation is more likely if buyers maintain momentum. 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 prices soared! Gold hit a five-week high!Market news: On Tuesday (July 22) in the early Asian session, spot gold rose and fell, and is currently trading around $3,390/ounce. Driven by the weakening of the US dollar, the decline in US bond yields and the increasing uncertainty in trade policies, the gold market broke out again, breaking through the $3,400/ounce mark, hitting a five-week high. As the deadline for the United States to impose new tariffs on global trading partners on August 1 approaches, market uncertainty provides strong support for international gold.In addition to the trade situation, the Federal Reserve's monetary policy trends have also added momentum to the rise in gold prices. The market expects that the probability of the Federal Reserve cutting interest rates in September has risen to 59%. The Federal Reserve's July meeting is expected to keep interest rates unchanged, but the market's expectations for an October rate cut have been fully digested. These policy uncertainties have further enhanced the attractiveness of gold as a safe-haven asset.This week, the London gold price ushered in a "critical node" market. Trade policy, US dollar fluctuations, central bank trends and safe-haven fund flows will become the core driving force of the long-short game in the gold market. On this trading day, Federal Reserve Chairman Powell delivered a welcome speech at a regulatory meeting. Pay attention to whether Powell involves remarks related to monetary policy. In addition, continue to pay attention to news related to the international trade situation and geopolitical situation. Technical Review: The gold daily chart is strong and oscillating upward. The MA10/7-day moving average maintains a golden cross and opens upward. The hourly chart and the four-hour chart Bollinger band open upward, the moving average system maintains an upward opening, and the price fluctuates upward along the MA10-day moving average. Yesterday, the Asian session fell slightly to 3346 and stabilized. The bottoming out and pulling up again broke through and stood on the hourly line middle track, which means short-term stabilization! So yesterday's Asian session rose, the European session continued to break high, and the US session still had a second pull-up; but because it is in a period of oscillation, wait patiently for a wave of stabilization before taking action. The reference point selected should pay attention to the 382 split support, that is, 3370, which happens to be the top and bottom conversion support point, followed by the 3356-3358 split support and the middle track. Today's analysis: Gold rose strongly yesterday, breaking the highest level in the past month. After the price of gold rose yesterday, it did not rise and fall like before. Instead, it broke through multiple resistances and came to the 3400 mark. From the one-hour market, the direction of the market is very clear, but it is still not recommended to buy directly. Waiting for a fall before getting on the train is the safest strategy!The Asian session gold price was blocked near 3400, and the one-hour market showed a small double top structure, which means that the market will still adjust in a short time. Therefore, do not buy in the Asian session, wait for the adjustment to continue to buy, and the support below is the top and bottom conversion position of 3370. After the Asian session gold price adjusted to 3370 and walked out of the bottom structure, continue to buy. The general direction of this round is to look at the 3450 line! Operation ideas: Buy short-term gold at 3375-3378, stop loss at 3366, target at 3400-3420; Sell short-term gold at 3425-3428, stop loss at 3436, target at 3390-3370; Key points: First support level: 3383, second support level: 3370, third support level: 3358 First resistance level: 3403, second resistance level: 3416, third resistance level: 3428
OANDA:XAUUSDLong
by NicolaZhu
Gold----Buy near 3374, target 3399-3420Gold market analysis: Yesterday, Monday, gold rose strongly, reaching a high of around 3402. This range is still relatively rare at the beginning of the week. Let's not worry about whether it is caused by fundamentals. Judging from the market's morphological indicators, we can be very sure that it is a buying trend. Yesterday's buying has broken the 3377 position. The breaking position of this position has determined the new buying position. In addition, the daily moving average has also begun to diverge. The morphological support is around 3370 and 3374. Today, relying on this position, the moving average is bullish. Yesterday, it rose too much. I estimate that there will be a need for repair today. The retracement during the repair is our opportunity to get on the train again. On the weekly line, 3400 is a hurdle. The previous multiple stops were only short-lived, so we need to be cautious when buying above 3400. There is a signal of closing negative in 4H. The Asian session needs to be adjusted and repaired. It is better to buy at a low price. 3402 is a small pressure. We cannot estimate where it will be repaired. We can determine the support below and buy near the support. There can also be short-term selling opportunities above 3400 in the Asian session. It is only in the Asian session, and the buy order is the main target. Fundamental analysis: There is no major news in the recent fundamentals. The situation in the Middle East is still relatively stable. There is no new rest in tariffs, and the impact on the market is limited. Operation suggestion: Gold----Buy near 3374, target 3399-3420
OANDA:XAUUSDLong
by NicolaZhu
Will The Emerging Uncertainties Support Gold Ahead?Macro approach: - XAUUSD advanced this week, supported by broad-based US dollar weakness and reviving safe-haven demand amid rising global trade tensions. The yellow metal briefly reached a five-week high as investors sought safety following headlines of escalating US tariffs and uncertainty over the Fed’s policy direction. - Gold may remain well-supported if risk aversion persists, with upcoming global PMIs and further US trade developments set to guide market direction. Additional Fed commentary and central bank actions could trigger new volatility for XAUUSD throughout the week. Technical approach: - XAUUSD remains above both the EMA21 and EMA78, reflecting ongoing bullish momentum. The recent price action shows consolidation below the resistance at 3430 after rejecting the swing high. In contrast, higher lows have formed above the ascending trendline and the support at 3285. - If XAUUSD stays above the support at 3560, it may extend towards the previous swing high at around 3430 and open for another record high. - On the contrary, if the price drops below the support at 3560 and the ascending trendline, it may retreat toward the following support at 3165. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
ICMARKETS:XAUUSDLong
by DatTong
Gold Could Extend Rally if Breaks 3,400📊 Market Overview Gold is currently trading around 3,400 USD/oz, up approximately +1.41% over the past 24 hours. The upward momentum is supported by a weakening US Dollar following dovish-leaning remarks from the Fed, along with growing demand for safe-haven assets amid trade uncertainties. 📉 Technical Analysis • Key Resistance: ~3,400–3,405 USD (psychological zone; a break above could open the path for further gains). • Nearest Support: ~3,370–3,375 USD, followed by 3,345–3,350 USD, which marks today’s low. • EMA 09/20: Price is currently trading above both EMA 9 and EMA 20, confirming a short-term uptrend. • Momentum / Oscillators: RSI is in the overbought zone; MACD and ADX still show a “buy” signal → bullish trend continues, but watch for possible technical pullbacks. 📌 Opinion The price may continue to rise if it breaks above the 3,400 USD/oz level, especially if the USD remains weak and safe-haven flows continue to support gold. However, if there’s short-term selling pressure or a USD rebound, gold may pull back toward the 3,370–3,375 USD support zone. 💡 Trade Setup SELL XAU/USD at: 3,400–3,405 USD 🎯 TP: 3,380 USD ❌ SL: 3,410 USD BUY XAU/USD at: 3,370–3,375 USD 🎯 TP: 3,390–3,395 USD ❌ SL: 3,360 USD
OANDA:XAUUSDLong
by Mian-FXSignals
MOST ACCURATE XAUUSD GOLD FORECAST ANALYSIS MARKETCurrent Setup & Technical Outlook Consolidation & Pennant Formation: Gold is building a bullish pennant and trading above its 50‑day MA — a classic continuation pattern suggesting a breakout toward new highs if momentum resumes . Key Levels: Support: $3,330–3,340 — confirmed by multiple technical sources . Resistance/Breakout Zone: $3,360–3,375 — clearing this could trigger a rally toward $3,400+ . Upside Targets: $3,390, then possibly $3,500–$3,535 per weekly forecast . Alternate Bearish Scenario: A failure around the 0.618 Fibonacci resistance (~$3,374) and overbought RSI could spark a pullback to $3,356 or lower . --- 🧠 Fundamental Drivers Inflation & U.S. Macro Data: Market awaits June CPI/PPI and Fed commentary — cooler inflation could boost gold via dovish expectations, while hotter data may strengthen the USD and weigh on bullion . Geopolitical & Safe-Haven Demand: Trade tensions (e.g., tariffs) are keeping gold elevated near $3,350–$3,360 . Central Bank & Real Yields Watch: Continued gold purchases and lower real rates are supportive, although mid-term easing in risks (like global trade) could curb momentum .
OANDA:XAUUSDLong
by SadarExplore
48
XAUUSD Bullish Setup | Liquidity Grab to Breakout📊 XAUUSD Bullish Breakout Plan | Price Action + Key Levels Analysis 🔥 Gold (XAUUSD) is currently holding above a strong support-turned-resistance zone around $3,340 - $3,345. After a clear rejection from the support area and a bullish structure forming, price is showing potential for a clean breakout toward higher targets. 🔍 Key Technical Highlights: • Support Area: $3,310 - $3,320 held strongly • Resistance Flip: $3,345 zone acting as new demand • Target 1: $3,375 • Target 2: $3,390 major liquidity zone • Structure: Bullish W pattern forming above demand This setup favors buy on retracement, aiming for breakout above recent highs. Wait for a confirmation candle above resistance before entering. 📈 Watch for liquidity grab and strong bullish impulse. #XAUUSD #GoldAnalysis #SmartMoney #BreakoutSetup #LiquidityHunt #ForexTrading #TechnicalAnalysis #BuySetup #PriceAction #TradingView #GoldSetup #ForYou
FOREXCOM:XAUUSDLong
by Liquidity_Gold_FX
15
Gold (XAUUSD) – 22 July Outlook | Reversal Zones in FocusGold (XAUUSD) – 22 July Outlook | Three Key Reversal Zones to Watch Yesterday, Gold gave a strong breakout above the key resistance level at 3377 , shifting the M15 structure bullish and confirming upside strength. Today, the market is likely entering a retracement phase on both the H4 and M15 timeframes — a healthy pullback after a breakout, which may lead to the next leg of the uptrend. So where should we focus for long opportunities? We are observing three key zones as potential bases for the continuation move: 📍 Zone 1 – 3377.6–3373.5 (Breaker Block): This is the immediate structure zone — previous resistance which may now flip into support. → If price respects this area, we can anticipate a classic S&R Flip setup. 📍 Zone 2 – 3367.5–3363 (Demand Block): If the first level doesn’t hold, this zone becomes critical. It lies just under the breakout base and could act as the next level of defense by bulls. 📍 Zone 3 – 3358.5–3350.5 (H4 Order Block): This is the most significant support zone for the day. It aligns with a higher-timeframe order block, making it a high-probability POI for a deeper pullback and reversal. But remember, we do not predict blindly . Plan of Action: – Observe price behavior at each zone – Wait for confirmation via M1 internal structure shifts + BoS – Trade only when all conditions align – SL: 40 pips | TP: 120 pips Risk-Reward: Always 1:3 Summary: ✅ Structure is now bullish on M15 and H4 ✅ We’re in a pullback phase — ideal for continuation trades ✅ Three clear POIs mapped — now we wait for the market to speak Patience. Precision. Discipline. Let the trade come to you — not the other way around. 📘 Shared by @ChartIsMirror
OANDA:XAUUSDLong
by ChartIsMirror
XAUUSDHello Traders! 👋 What are your thoughts on GOLD? Over the past week, gold has been consolidating within a defined range, fluctuating between two key zones. A break above the marked resistance zone (around $3380-3390) would confirm the start of the next bullish wave, opening the path toward higher targets. As long as price remains above the identified support zone, our outlook stays bullish. Key Levels to Watch: Resistance: Breakout above $3380 needed to confirm continuation Support: Holding this zone is essential to maintain the bullish structure Is gold ready for a breakout after consolidation? Share your thoughts below! 🤔👇 Don’t forget to like and share your thoughts in the comments! ❤️
FX:XAUUSDLong
by HAMED_AZ
51
Banana republic fears, gold tests $3,400Traders now price in a 60% chance of a Fed rate cut in September, as political pressure on the central bank intensifies. Republican Rep. Anna Paulina Luna has officially accused Fed Chair Powell of perjury, while Treasury Secretary Scott Bessent has called for a full inquiry into the institution. Earlier this month, former Fed Chair Janet Yellen told The New Yorker that these actions “...are the ones one expects from the head of a banana republic that is about to start printing money to fund fiscal deficits.” Amid this backdrop, gold surged past $3,390 per ounce. The 1-hour XAU/USD chart shows strong bullish momentum supported by the Ichimoku cloud: price is well above the cloud with a clean breakout and lagging span confirmation. Immediate resistance sits at $3,400, with a potential extension toward $3,440–$3,450 if bullish pressure holds. Meanwhile, EUR/USD remains in an uptrend on the daily chart, bouncing from pitchfork support. A sustained move above 1.1700 could reopen the path toward 1.1800+.
BLACKBULL:XAUUSD
by BlackBull_Markets
XAU/USD) Bullish trend analysis Read The captionSMC Trading point update Technical analysis of XAU/USD (Gold) on the 1-hour timeframe. Here’s a breakdown --- Technical Analysis Summary Descending Channel Breakout Price action previously formed a descending wedge/channel, shown by the two black trendlines. A bullish breakout occurred above the trendline, signaling a shift in momentum from bearish to bullish. Key Support Zone The yellow highlighted zone (around $3,338–$3,340) is marked as the “new key support level”. Price is expected to retest this area (confluence with 200 EMA), which aligns with standard bullish breakout behavior. The green arrow indicates potential bounce confirmation. Bullish Projection After the retest, price is projected to climb steadily toward the target point at $3,394.52. The setup anticipates around 56.27 points upside, or roughly +1.69% gain from the support zone. --- Target $3,394.52 – defined using the previous range breakout height and horizontal resistance. --- Trade Idea Entry: On bullish confirmation near $3,338 support zone. Stop Loss: Just below the yellow zone (e.g., under $3,330). Take Profit: Near $3,394. Mr SMC Trading point --- Conclusion This is a classic breakout-retest-play, supported by trendline structure, a key horizontal support zone, and RSI strength. As long as price respects the highlighted support, the bullish outlook remains valid. Please support boost 🚀 this analysis)
CAPITALCOM:GOLDLong
by SMC-Trading-Point
18
Accurate prediction, continue to buy after retracement to 3353📰 News information： 1. The Trump administration puts pressure on the Federal Reserve to cut interest rates 2. The continued impact of tariffs and the responses of various countries 📈 Technical Analysis： Gold is currently rising rapidly, reaching a high near 3368, and the overall bullish trend has not changed yet. It is not recommended to continue chasing the highs at present. Those who are long at 3345 can consider exiting the market with profits. The technical indicators are close to the overbought area and there is a certain risk of a correction. Be patient and wait for the pullback to provide an opportunity. At the same time, 3353 has become the position with relatively large trading volume at present, and the top and bottom conversion in the short term provides certain support for gold longs. If it retreats to 3355-3345, you can consider going long again, with the target at 3375-3385. If it falls below 3345, look to 3333, a second trading opportunity within the day. If it falls below again, it means that the market has changed, and you can no longer easily chase long positions. 🎯 Trading Points： BUY 3355-3345 TP 3375-3385 In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you. FXOPEN:XAUUSD OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD TVC:GOLD
OANDA:XAUUSDLong
by Allenbrowser-3
NordKern - XAUUSD InsightNordKern | Simplified Insight OANDA:XAUUSD possible scenarios Gold saw some upside today, primarily driven by softer TVC:DXY and trade deadlines ahead. To be specific: 1. Softer U.S. Dollar (DXY) The U.S. Dollar Index fell ~0.1–0.2% today, making gold more attractive for international buyers Kitco confirms the decline in USDX, paired with weaker Treasury yields, is fueling bullion demand. 2. Cautious Market Ahead of Trade Deadlines Markets are bracing for the August 1 U.S. tariff deadline, especially involving the EU. Investors are positioning defensively, increasing safe-haven interest in gold. Heightened trade tensions and uncertainty including possible Trump-Xi talks boost demand for safe assets. 3. Falling Treasury Yields & Fed Policy Expectations The U.S. 10‑year Treasury yield has slipped (~4.37%), reducing gold’s opportunity cost and supporting its attractiveness. Market pricing shows increasing odds of a Fed rate cut at next week’s FOMC meeting, something analysts like Christopher Waller suggested. 4. Geopolitical & Trade Risk Premiums Escalating trade risk (tariffs looming) and geopolitical uncertainty are prompting safe-haven inflows into gold. India’s MCX mirror those sentiments: gold rose ~0.5% on local contracts amid global trade nerviness. To sum it up: Gold is rallying today primarily because of the softer dollar, lower yields, and elevated trade risks ahead of the August 1 tariff deadline all of which reinforce its safe-haven allure. Trade Setup - Shorts; if we retest 3370s - We would primarily look to enter into lower risk buys on gold at more preferable levels such as 3370. After breaking to the upside from the consolidation area, a pullback and a retest to that area would not be out of the ordinary. Trade Setup - Buys; if we break above 3400 - In case of the dollar remaining soft, we can expect gold to continue its upside rally without any major pullbacks. In this case, we would be looking for the breaks of 3400 and continue to hold until around 3345s. Key Notes: - Softer Dollar - Possible retest of 3370s - Watch for potential breaks of 3400 This remains a tactically driven setup. Manage risk appropriately and stay alert for any renewed political developments.
OANDA:XAUUSD
by NordKern
1
Gold----Buy near 3344, target 3360-3377Gold market analysis: Recently, the daily gold line has been switching back and forth. If you look at the daily line from around June 25 to around July 21, it is a large range of fluctuations, and there is no big change in structure. The weekly line has not run too far in the past three weeks, and it is also a small range of fluctuations. We need to adjust our thinking in time in operation. For example, the market from Thursday to Friday last week was a market with rapid conversion of buying and selling. We adjusted our thinking in time on Friday to make a profit from the bullish 3337 layout. Moreover, our analysis chart also clearly shows that gold has fallen back at 3357, and gold began to fall back at 3361. Today, we must buy at a low price to be bullish. 3377 is a hurdle on the daily line, and it is also a barrier that is difficult to cross for buying. If the highest position can be reached this week, it can be confirmed that it is a real buy. Otherwise, it is a daily line structure of fluctuations. The support of the weekly line this week is around 3308 and 3000. Only when this position is broken on the weekly line can the weekly selling position be confirmed. Otherwise, it depends on the daily line structural fluctuations of 3300-3377. In the Asian session, we will first arrange long orders at the small support of 3344. The larger support is the 1-hour pattern support near 3331. In the Asian session, we must first look for opportunities to buy at low prices. If 3331 is broken directly, we have to think whether it is a volatile market again. The volatile market is repeated. Don't get on the bus in the middle position. We should grasp the rhythm more, so that we can get both buying and selling profits. Support 3344 and 3331, pressure 3361 and 3377, the watershed of strength and weakness in the market is 3344. Fundamental analysis: Today is a holiday in Tokyo, Japan. In addition, there is no major data this week. We focus on the fundamentals. Trump's tariffs are still a focus. Operation suggestions: Gold----Buy near 3344, target 3360-3377
OANDA:XAUUSDLong
by NicolaZhu
In-depth analysis of gold price trends this week!Market news: During the Asian morning session on Monday (July 21), the London gold price rose slightly to above $3,350 and is currently trading around $3,356/ounce. The weakening dollar and continued geopolitical and economic uncertainties have boosted demand for safe-haven spot gold, supporting international gold prices, but the rebound in the University of Michigan survey index may limit gold's gains.Although gold prices may face correction pressure in the short term, international gold has limited room to fall. Factors such as economic slowdown, lower interest rates and rising inflation will attract more buyers to enter the market. The continued purchases by central banks over the past two and a half years have also provided solid support for gold prices. The tension between Trump and Powell is the main reason why gold prices remain high.Looking ahead, the market focus will shift to this week's ECB monetary policy meeting. Economists generally expect the ECB to keep interest rates unchanged, and preliminary manufacturing data released this week may also trigger some market fluctuations. This week's economic data and Fed dynamics will be key variables in the trend of gold prices. No matter how the market fluctuates, the long-term value of gold cannot be ignored, and investors need to pay close attention to macroeconomic changes and political events. Technical Review: Technically, the daily chart of gold still maintains the adjustment of the middle track of the Bollinger Band, forming a yin-yang alternating shock consolidation. However, on Friday, the gold price closed with a small positive K, and the price MA10/7-day moving average closed above 33/42. From the indicator point of view, the MACD indicator momentum column shortened, and the RSI indicator ran around 50, indicating that the market buying and selling forces were balanced.The 4-hour chart shows that the gold price fluctuated and tended to buy and consolidate at 3330-3360. At present, the moving average system opened upward. As long as gold does not lose 3320, it is expected to continue to sprint upward to 3375/3400. On the contrary, if it loses the support of 3320/10 again, it is regarded as a short-term weak shock downward. On the whole, the current trend of gold is oscillating and tending to buy and consolidate. Today's trading idea is mainly to buy at a low price and sell at a high price. Today's analysis: Since there is no major economic data this week, in the absence of geopolitical risks and emergencies, it is expected that gold will still see a small range of shocks and consolidation this week, and the range can be focused on 3400-3300. The daily Bollinger Bands continue to close, with the upper track at 3375 and the lower track at 3288. The short-term moving averages are intertwined near the middle track, suggesting that gold will still be dominated by fluctuations in the short term. In terms of operation, keep the idea of selling at high prices and buying at low prices. Do not chase the rise and sell at the fall. Wait for the breakthrough signal to be confirmed before following the trend. Today’s support is at 3340. You can use this as a key point to arrange buy orders during the day. The key point above is 3361, which is the high point of last Friday. 3361 is a short-term pressure point. If there is no correction today and it directly breaks 3361, we can follow the trend directly. If there is a correction, pay attention to the bottom structure above 3340 and buy at the bottom! Operation ideas: Buy short-term gold at 3340-3343, stop loss at 3332, target at 3370-3390; Sell short-term gold at 3377-3380, stop loss at 3388, target at 3340-3320; Key points: First support level: 3340, second support level: 3332, third support level: 3320 First resistance level: 3375, second resistance level: 3388, third resistance level: 3410
OANDA:XAUUSDLong
by NicolaZhu
1
GOLD - Lovers Elliott wave - looking strong Short/Medium termGOLD-----Daily counts indicate Excellent bullish wave structure. Both appear to be optimistic and this stock invalidation number (S L) wave 2 low target short / long term are already shared as per charts correction wave leg seems completed (C) Investing in declines is a smart move for short/ long-term players. Buy in DIPS recommended Long-term investors prepare for strong returns over the next two to five years. one of best counter Every graphic used to comprehend & LEARN & understand the theory of Elliot waves, Harmonic waves, Gann Theory, and Time theory Every chart is for educational purposes. We have no accountability for your profit or loss.
MCX:GOLD1!Long
by wavesmonk
1
XAUUSD Trade Idea - 30m Structure with 4H ConfluenceCurrently, price is trading below the 4H descending trendline, respecting bearish structure on lower timeframe (30m). ✅ 1H Order Block (OB) marked between 3335-3340 remains a strong demand zone where price can bounce break the trendline to sweep liquidity above around 3377 to form bullish continuation. 📌 Scenarios I'm Watching: Short-term rejection from the 4H trendline. Potential reversal towards 1H OB. Bullish reaction from OB could trigger a breakout above the 4H trendline. Final upside target remains at the liquidity pool around 3377 zone ($$$). 🟣 Overall Bias: Bullish after liquidity sweep. Watching for bullish confirmation at OB before executing buys.
OANDA:XAUUSD
by Erin_Gold_Vault
1
Gold 1H - Retest of channel & support zone at 3340After breaking out of the falling channel, gold is currently retesting its upper boundary — now acting as support. The 3340 zone is particularly important as it aligns with the 0.618 Fibonacci level and high volume node on the visible range volume profile. The price action suggests a potential bullish rejection from this area. With both the 50 and 200 EMA below price on the 1H, the short-term trend remains bullish. The 4H trendline further supports this setup. RSI is cooling off near the neutral zone, leaving room for another leg higher toward the 3377 resistance zone. If 3340 fails, 3324 (0.786 Fibo) becomes the next line of defense. Until then, the structure remains bullish following the successful breakout and retest of the channel.
TVC:GOLDLong
by TotoshkaTrades