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Goldprediction

End of GOLD correction#GOLD #XAUUSD UPDATE As I mentioned earlier, gold was forming a contracting triangle. The wave-(e) of the triangle has formed a double pattern diametric-X-triangle and has moved beyond my expectations (the post-pattern movement has passed ), breaking the trendline of (a)-(c). However, since it did not exceed the end of wave-(c), the contracting triangle has not been invalidated. We expect gold to gradually rise from this range and surpass $3,500. Good luck NEoWave Chart
OANDA:XAUUSDLong
by NEoWave-Chart
NFP data is positive, the bullish trend remains unchanged#XAUUSD The current market, influenced by data such as NFP, remains bullish, even briefly pushing towards the 4H upper limit of 3350, reaching a high near 3354.📈 In the short term, gold still has upward momentum and could even reach the previous high resistance level near 3375.🐂 Currently, gold is undergoing a technical correction and needs to begin a pullback to accumulate more bullish momentum, giving traders who previously missed the opportunity to get on board.🚀 As resistance continues to rise, support below will also rise. 📊If gold retreats below 3335-3315, consider going long.📈 🚀 SELL 3335-3315 🚀 TP 3350-3375
OANDA:XAUUSDLong
by Halson_Winston
GOLD ROUTE MAP UPDATEHey Everyone, What a PIPTASTIC finish to the week! 🚀. We tracked the move down with precision durung the week and then rode the momentum right back up. Yesterday, we confirmed the swing range activation and bounce, and that bullish follow through carried beautifully into today, completing our Bullish Target at 3348. Just perfect execution all around. BULLISH TARGET 3348 - DONE BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 - DONE 3267 - DONE We will now come back Sunday with a full multi timeframe analysis to prepare for next week’s setups, including updated views on the higher timeframes, EMA alignments, and structure expectations going forward. Thanks again for all your likes, comments, and follows. Wishing you all a fantastic weekend!! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
How to maintain stable operations before NFP dataYesterday, gold closed the month with a long upper shadow doji candlestick, indicating strong upward pressure, with monthly resistance at 3439-3451. Today marks the beginning of the month, and with the release of numerous data indicators such as NFP, unemployment benefits, and PMI, there is considerable uncertainty, so intraday trading should proceed with caution. Judging from the daily chart, the current MACD indicator is dead cross with large volume, and the smart indicator is running oversold, indicating a low-level fluctuation trend during the day. At present, we need to pay attention to the SMA60 moving average and the daily middle track corresponding to 3327-3337 on the upper side, and pay attention to the intraday low around 3280 on the lower side. The lows of the previous two days at 3275-3268 cannot be ignored. There is a possibility that the low-level oscillation will touch the previous low again. From the 4H chart, technical indicators are currently flat, with no significant short-term fluctuations expected. Low-level volatility is expected to persist within the day. Then just focus on the support near 3275 below and the middle track pressure near 3307 above. Looking at the hourly chart, gold is currently oscillating below the mid-range band, with resistance at 3295-3307 to watch in the short term. Overall, the market is expected to remain volatile before the release of today's data. Based on Wednesday's ADP data, this round of data is also expected to be around $100,000. The contrast between ADP and NFP last time deserves our caution. The current market is basically optimistic about the short-selling situation, which is exactly what I am most worried about. If the gold price can stabilize above 3,300 before the NY data, the possibility of NFP data being bullish cannot be ruled out. Intraday European trading suggestion: if the current gold price falls back to 3285-3280 and stabilizes, you can consider short-term long positions, with the target at 3295-3305. If the gold price tests the low of 3275-3268 again and does not break through, you can consider a second chance to go long. After making a profit of $10-20, you can consider exiting the market with profits. The market is volatile and unstable, so be sure to bring SL with you and pay close attention to the impact of the NFP data. Conservative investors can enter the market after the data is released.
OANDA:XAUUSDLong
by HuntingWolves
The rebound is weak, short orders intervene#XAUUSD After two consecutive trading days of volatility, gold finally began to fall under pressure near 3335. After breaking through the 3300 mark, the price of gold accelerated its decline, reaching a low of around 3268, and yesterday's daily line closed with a large negative line. 📊 Today's rebound is more likely to be based on the buffering performance of the impact of news. The ATR data also shows that the bullish momentum is slowly weakening in the short term. 🐻After digesting the impact of yesterday's news through rebound during the day, it may fall again in the future.📉 📎The primary focus today is 3305 above, which was also the high point of yesterday's pullback correction. If the gold price rebounds to 3305-3320 and encounters resistance and pressure,📉 you can consider shorting and look towards 3290-3270.🎯 If the short-term gold rebound momentum is strong and breaks through the 3305-3320 resistance area, it will be necessary to stop loss in time. Gold may be expected to touch yesterday's high resistance of 3330-3335, which is the second point to consider shorting during the day.💡 🚀 SELL 3305-3320 🚀 TP 3290-3270
OANDA:XAUUSDShort
by Halson_Winston
2
The idea of shorting on rallies below 3315 remains unchanged.Gold remains generally weak, with multiple rebounds showing signs of fatigue. The upward moving average continues to suppress prices, indicating that the bearish trend remains intact, and the short-term market outlook remains bearish. Trading strategies remain bearish today, with a key focus on the 3300-3315 area, a key short-term resistance zone. If the market rebounds before the US market opens and approaches this area, or if a clear topping signal appears near this range, consider entering a short position. Today will see the release of the non-farm payroll data, which may influence the market's trajectory. We recommend prioritizing short-term trading before the release, and reconsidering the market's direction based on market feedback after the release. Structurally, gold continues to exhibit a volatile downward trend, with lower highs and lower lows. Today's low is expected to be lower than yesterday's. Short-term short positions are focused on 3285-3280, with a break below this level potentially allowing for further declines. Please carefully time your entry, strictly implement risk management, and avoid emotional trading.
OANDA:XAUUSDShort
by Trade-Daniel
2
XAUUSD ANALYSYS 💸GOLD💸 Market Outlook: Bullish • Price broke out of a downtrend channel and is now forming higher highs and higher lows — clear sign of a trend reversal. • Current move is a pullback after a strong push up. ⸻ 📍 Key Zones: • Buy Zones and Fair Value Gaps (FVGs) are marked. • These are areas where buyers may step in again. • Price is pulling back into these zones — potential long entry area. ⸻ 🎯 Target: • The top red line marks a liquidity zone or resistance. • Price is likely aiming to reach this area next. ⸻ 📈 Trade Setup Idea: • Buy on pullback to the FVG / Buy Zone. • Stop Loss: Below the Buy Zone. • Take Profit: At the previous high (resistance zone). ⸻ ⚠️ Risk to Watch: • If price breaks below the Buy Zone, bullish setup is invalidated — wait for new structure.
CAPITALCOM:GOLDLong
by Brehayne_
Gold non-farm payroll layout strategy 💡Message Strategy Gold prices (XAU/USD) remained under pressure in Asian trading on Friday, trading below $3,300, not far from the January low reached earlier this week. Gold failed to extend its modest overnight rebound, primarily due to the strong US dollar. The Federal Reserve's latest hawkish tone has prompted a reassessment of the timeline for interest rate cuts, boosting demand for the US dollar and weighing on the non-interest-bearing asset of gold. The US dollar index rose for the seventh consecutive day, reaching a new high since late May, further weakening gold's appeal. Key to driving the dollar was the latest inflation data: the US PCE price index rose to 2.6% year-on-year in June, while the core index remained stable at 2.8%, exceeding market expectations and reinforcing the view that inflation is persistent. The U.S. July non-farm payroll report, due on Friday, is seen as a key indicator for assessing economic resilience and the outlook for interest rates. It is expected that employment will increase by 110,000 and the unemployment rate will rise slightly to 4.2%. 📊Technical aspects From the current technical perspective: 1: The technical pattern suggests a weak rebound and weak continuation. 2: The weak sideways trend is expected to trigger a third phase of bottoming out, stimulated by data. To summarize: Technically, based on the data, the pattern suggests a downward trend, driven by negative data, leading to a bottoming-out and rebound. Therefore, caution must be exercised against this type of bottoming-out and rebound after the data has been released. 💰Strategy Package Strategy: Fall first, then rise Short Position:3310-3315,SL:3325,Target: 3245-3250 Long Position:3240-3250，SL:3220，Target: 3300-3320
TVC:GOLD
by TheodoreSilas
Gold Showing Signs of Reversal After Hitting Key ResistanceHello Guys. Gold has reached a major resistance zone around 3439–3425, which has already acted as a strong ceiling in the past. The price tapped into this area again, forming a clear divergence, and failed to break higher. Here’s what stands out: Divergence signals a weakening bullish momentum at the top. The price rejected the resistance and is now breaking structure to the downside. A minor pullback may occur before continuation, as shown in the projected moves. First target: 3259.792 Second target (if support breaks): 3136.869, a deeper zone for potential bounce or further drop. This setup hints at a bearish trend building up. Stay cautious on longs unless the price structure changes again.
OANDA:XAUUSDShort
by melikatrader94
26
How to correctly grasp the gold trading opportunities?Yesterday, gold prices saw a technical rally amidst volatile trading, followed by a downward trend under pressure. Bulls strongly supported a rebound at 3280 in the Asian session. The European session saw an accelerated upward move, breaking through 3314 before retreating under pressure. We also precisely positioned short positions below 3315, achieving a perfect target of 3290-3295. During the US session, the market again faced pressure at 3311, weakening in a volatile trend before breaking through 3300. The daily chart ultimately closed with a medium-sized bullish candlestick pattern, followed by a pullback and then a decline. Overall, after yesterday's rebound, gold prices remain under pressure at the key resistance level of 3314. The short-term bearish weakness line has moved down to this level. If pressure continues in this area in the short term, gold will maintain a weak and volatile structure, with intraday trading remaining focused on rebounds and upward moves. If you are currently experiencing confusion or unsatisfactory trading strategies, please feel free to discuss your options and help avoid investment pitfalls. From a 4-hour analysis perspective, focus on resistance at 3305-3315 on the upside. A rebound to this level is a good opportunity to short against resistance. Focus on support at 3280-3270 on the downside. Unless the price stabilizes strongly, consider not entering long positions below this level. The overall strategy remains to short on rebounds, with the same rhythm. I will provide timely notifications of specific levels from the bottom, so keep an eye on them. Gold Trading Strategy: Short on rebounds near 3305-3315, with targets at 3290-3280-3270.
OANDA:XAUUSDShort
by Trade-Daniel
Waiting for non-farm payroll dataGold prices (XAU/USD) remained under pressure in Asian trading on Friday, trading below $3,300, not far from the January low reached earlier this week. Gold failed to extend its modest overnight rebound, primarily due to the strong US dollar. The Federal Reserve's latest hawkish tone has prompted a reassessment of the timeline for interest rate cuts, boosting demand for the US dollar and weighing on the non-interest-bearing asset, gold. The US dollar index rose for the seventh consecutive day, reaching a new high since late May, further weakening gold's appeal. Key to the dollar's momentum lies in the latest inflation data: the US PCE price index rose to 2.6% year-on-year in June, while the core index remained stable at 2.8%, exceeding market expectations and reinforcing the view of persistent inflation. "Both inflation data and GDP data suggest the US economy remains resilient, giving the Fed little reason to rush into easing," said a Fed observer. "This limits gold's near-term potential as a hedge." Meanwhile, US President Trump signed an executive order on Thursday imposing import tariffs ranging from 10% to 41% on several trading partners, including Asian countries. Countries with trade deficits will face tariffs of at least 15%. This move has heightened global trade concerns, boosted market demand for safe-haven assets, and provided some support for gold. Despite this, gold prices remain mired in a downward trend. Investors are generally maintaining a wait-and-see approach, awaiting Friday's release of the US July non-farm payroll report. This data is seen as a key indicator of economic resilience and the interest rate outlook. Expectations suggest an increase of 110,000 jobs and a slight rise in the unemployment rate to 4.2%. The daily gold chart shows that prices are in a weak consolidation phase, capped by key resistance near $3,320. If gold prices fail to break through this area, there is a risk of further decline in the short term. Stronger resistance lies above $3,350. A breakout on strong volume could trigger a rebound towards the $3,380 area, potentially pushing the price above $3,400. As for downside support, the 100-day moving average provides initial support near $3,270. A break below this could trigger further downward pressure, targeting the $3,240 area, the June low. A further break below this level would target the psychologically important $3,200 level. In terms of indicators, the MACD death cross continues, with a shortening red bar, indicating weakening bearish momentum but no reversal. The RSI remains in neutral to weak territory, not clearly oversold. The current gold trend is characterized by a "structurally bearish, sentimentally supportive" pattern. Despite the trade war and heightened global risk aversion, the Federal Reserve's caution about inflation and the strong dollar are exerting significant pressure. If the July non-farm payroll data is strong, gold could test further technical support. Conversely, weak data or a pullback in the dollar could trigger a technical rebound. PEPPERSTONE:XAUUSD ACTIVTRADES:GOLD VANTAGE:XAUUSD FOREXCOM:GOLD EIGHTCAP:XAUUSD FOREXCOM:GOLD
TVC:GOLD
by Charlie_Senior_Analyst
Gold Price Consolidates in Symmetrical Triangle, Breakout Ahead?Gold shows a clear bearish trend within a well-defined downward channel. Price action continues to form lower highs and lower lows, reinforcing the ongoing downtrend. The recent rejection from $3,312 suggests that bulls are struggling to regain control, and the market remains pressured by selling momentum. The price is currently hovering near $3,287 just above horizontal support zone. 📉 Potential Scenarios - Bearish Continuation (Most Likely) - If price continues to stay below $3,300 and breaks below $3,281, it may aim for $3,261 and $3,249. - A close below $3,281 would confirm further bearish pressure and signal downside continuation toward the $3,240s range. - Short-Term Bullish Retracement - If price holds above $3,281 and breaks above $3,300–$3,312, a relief rally may occur at first resistance: $3,306 and second resistance: $3,312. - However, unless gold breaks above $3,332 (previous swing high), this would still be considered a bear market rally. - Range-bound Movement - A third scenario is sideways price action between $3,281 and $3,312, where neither bulls nor bears take control immediately. This would represent market indecision or awaiting external catalysts (e.g., economic data, Fed policy). 🔍 Trend Outlook - Short-Term Trend: Bearish - Medium-Term Trend: Bearish, unless price breaks and sustains above $3,312 - Long-Term Trend: Neutral-to-bullish, as long as price holds above the macro support zone near $3,240 1D Chart Long Term Possible Scenario The price is currently trading around $3,285, sitting just above the triangle’s ascending trendline support and within a key horizontal demand zone around $3,250–$3,300, which has held multiple times in the past. If bulls manage to push the price above $3,360–$3,400, it could confirm a breakout and open the door toward the next major resistance at $3,450. However, if price fails to hold above the current ascending trendline, a breakdown could retest the base support near $3,248 or even lower toward $3,150 Gold is currently in a neutral consolidation phase within a symmetrical triangle, with both bullish and bearish breakout scenarios possible. The breakout direction from this pattern—expected in the coming weeks, will likely set the tone for gold's medium-term trend. 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!
OANDA:XAUUSDShort
by SibiSh
Gold (XAU/USD) on the 1‑hour timeframeGold (XAU/USD) on the 1‑hour timeframe Chart Structure & Bias * Price remains trapped in a **rising channel** (\~\$3,328–3,333), pressing against resistance near **\$3,340–3,345**. * Short-term momentum is bearish: both EMA 7 and EMA 21 sit above current price, with declining volume signaling weakening buyer strength. * Overall trend leans neutral‑to‑bearish until market clears key zones decisively. Trade Scenarios **Bearish Breakdown (Preferred)** * **Trigger:** Break and close below channel support (\~\$3,326). * **Targets:** Initial drop toward **\$3,320**, then **\$3,300**, and possibly lower if momentum intensifies. * **Invalidation:** Price pushes back above **\$3,333–3,335**, negating bearish structure. **Bullish Breakout (Conditional)** * **Trigger:** Clean breakout and sustained close above **\$3,342–3,345**. * **Targets:** Upward stretch toward **\$3,355–3,360**, and if strong, **\$3,367–3,375+**. * **Invalidation:** Fails to hold structure—retesting from above back beneath **\~\$3,338**. Macro Drivers & Market Conditions * Caution prevails pre‑Fed decision and ADP / GDP releases—market awaits cues on interest rate direction. * Safe‑haven demand has softened as global trade sentiment improves, while U.S. dollar strength continues to cap upside in gold. * Analysts favor **sell‑on‑rise positioning**, bumping up potential for controlled pullbacks. Verdict Gold is consolidating in a tight upward channel, showing short-term bearish pressure. The **bearish breakdown scenario holds the edge** unless price convincingly clears above **\$3,345** on strong volume, which could flip bias. A confirmed break below **\$3,326** sets the stage for downward moves toward **\$3,300** or lower.
OANDA:XAUUSD
by Harry_Megat
renderwithme ||| XAU/USD Monthly Analysis (August 2025 Outlook) #Fundamental Analysis Gold prices are influenced by macroeconomic factors, monetary policy, and geopolitical events. Based on recent data:Federal Reserve Policy: The Fed’s decision to maintain interest rates at 4.25–4.50% in July 2025, with a hawkish tilt, has strengthened the US dollar, putting downward pressure on gold. A stronger USD typically reduces gold’s appeal as it’s priced in dollars. However, expectations of a potential rate cut in September could support gold if signaled by Fed Chair Jerome Powell. Watch for updates in the FOMC statement or Powell’s comments for clues on future policy. #Economic Indicators: Strong US economic data, such as a robust labor market (jobless claims at a 3-month low) and rising consumer confidence (Conference Board’s Index at 97.2 in July), suggest increased economic activity, which could bolster the USD and limit gold’s upside. Upcoming data like the US PCE Price Index and Nonfarm Payrolls (NFP) in early August will be critical for gauging inflation and labor market trends, impacting gold’s trajectory. Geopolitical and Safe-Haven Demand: Reduced safe-haven demand due to de-escalating global trade tensions and geopolitical stability has capped gold’s gains. However, any escalation in conflicts (e.g., Russia-Ukraine or Middle East) or renewed trade disputes could drive demand for gold as a safe-haven asset. Central Bank Demand: Continued central bank gold purchases could provide long-term support, but a slowdown in buying might weigh on prices. # Inflation and Currency Dynamics: Persistent US inflation supports the USD, limiting gold’s attractiveness. Conversely, a recovering Chinese economy or global policy easing could boost gold demand. #Technical Analysis Recent technical data suggests a mixed outlook for XAU/USD on the monthly timeframe:Price Levels and Trends: As of late July 2025, XAU/USD is trading around $3,291–$3,337, consolidating after retreating from a high of $3,440. The monthly chart shows a medium-term uptrend channel that began in early 2025, with support around $3,285–$3,300 and resistance at $3,355–$3,430. A decisive break above $3,355 could signal bullish momentum toward $3,500 or higher, while a break below $3,285 might target $3,130 or lower. Indicators: The 14-day RSI at 46.10 suggests neutral momentum, neither overbought nor oversold. Technical indicators show mixed signals, with 15 bearish and 11 bullish signals as of July 28, 2025, reinforcing a cautious outlook. Key Levels: Support: $3,275–$3,225 (major demand zone), $3,130 (potential deeper pullback). Resistance: $3,355, $3,430, $3,500 (psychological level). A bearish descending channel on shorter timeframes (e.g., 1H, 3H) suggests potential downside unless $3,320 is breached. Monthly ForecastBearish Scenario: If the USD remains strong due to hawkish Fed signals, persistent inflation, or robust US economic data, XAU/USD could test support at $3,275–$3,225. A break below this zone might lead to $3,130 or even $2,900 in a deeper correction, especially if safe-haven demand weakens further. Bullish Scenario: A Fed signal of rate cuts, renewed geopolitical tensions, or increased central bank buying could push gold above $3,355, targeting $3,430 or $3,500. A breakout above $3,430 could aim for $3,830, as suggested by some analysts. Expected Range: For August 2025, XAU/USD is likely to trade between $3,225 and $3,430, with volatility driven by US economic data and Fed policy updates. A monthly close above $3,430 would strengthen the bullish case, while a close below $3,225 would favor bears. Trading ConsiderationsRisk Management: Given the mixed signals, use tight stop-losses. For bullish trades, consider entries near $3,275–$3,300 with stops below $3,225. For bearish trades, enter near $3,320 with stops above $3,355. Key Events to Watch: Monitor the US PCE Price Index, NFP report, and Fed statements in early August for directional cues. Geopolitical developments could also trigger sudden moves. Volatility: The 30-day volatility is low at 0.91%, suggesting consolidation, but upcoming data releases could spark sharper moves. # Chart for the reference will give u better idea to take decisions in my views top has been made ~~ Disclaimer ~~ This analysis is based on recent technical data and market sentiment from web sources. It is for informational \ educational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading. # Boost and comment will be highly appreciated.
OANDA:XAUUSDShort
by renderwithme
Gold price analysis July 31XAUUSD – Bearish pressure still prevails, watch for SELL in the direction of the trend Yesterday's session witnessed a strong decline when the D1 candle closed with selling pressure up to 60 prices, forming a key candle that shapes the trend. When the market forms a main candle, the 25% and 50% candle body areas are often important price areas to continue trading in the direction of the main trend. In the current context, the priority strategy will be to sell in the direction of the downtrend when the price rebounds to the resistance areas and there is a rejection signal. 🔹 Important resistance areas: 3301 – 3312 – 3333 🔸 Target support areas: 3285 – 3270 – 3250 🎯 Trading strategy: Prioritize SELLing at the resistance area of 3301–3312 when there is a price reaction (rejection). Target: 3250 BUY only considered when 3313 area is broken decisively. Staying disciplined and sticking to the reaction price zone will be key in the context of the market moving in a clear trend.
OANDA:XAUUSD
by TVS-Trader
GOLD ROUTE MAP UPDATEHey Everyone, Quick follow up on our 1H chart route map: What can I say.....pure perfection on our chart analysis as everything played out exactly as expected. Yesterday, we identified the first level of the swing range at 3289, which delivered a clean full swing into 3305. Today, we hit Level 2 of the swing range at 3267, and once again, it played out flawlessly with another full swing up to 3305. A perfect finish to the day. Great work all around! We are now looking for support above the swing range and a break above 3305 to track the movement up or further retest and break below the 1st level of the swing range may open the the 2nd level at 3267 again. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 - DONE 3267 - DONE As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
14
XAUUSD: BUYThere are some good trading opportunities in the market. That's when to buy. Gold prices haven't fallen further since falling back to 3390. There's no further negative news. Therefore, there won't be a significant short-term decline. Our focus will be on tomorrow's non-farm payroll data update. This is a crucial factor that can cause gold prices to rise or fall significantly in the short term. I'll update you with real-time buy and sell opportunities. This is based on research from the Swing Trading Center. It's highly authoritative. Don't miss out! Remember to stay tuned. XAUUSD: BUY 3292-3282 TP 3320. SL 3265
TVC:GOLDLong
by WIN_Ludvig
Bearish pennant pattern active. Active SELL✏️Gold price is forming a triangle accumulation pattern. That shows the hesitation of investors at the moment, they may be waiting for important economic indicators of the US this week. Just an impact that makes Price break out of the triangle border can create a strong FOMO trend. The price line is quite similar to the bearish pennant pattern and heading towards really strong support areas. 📉 Key Levels SELL Trigger: Break bottom line 3324 Target 3285, lower is the 3250 area BUY Trigger: Break and trading above 3333 BUY Trigger: Rejection and confirmation of candle at 3285 Leave your comments on the idea. I am happy to read your views.
OANDA:XAUUSDShort
by VHT_Trader
29
Gold Struggles at Resistance – Indicates Lower Lows AheadGold has been in a clear downtrend after facing a strong rejection around the 3,438 level (main resistance zone). Price is currently moving within a descending channel, confirming the formation of lower highs and lower lows – a classic bearish market structure. Currently, Gold is trading near 3,306, facing resistance at 3,339 (marked as a possible lower high). If price fails to break above this level and sustain, there is a strong probability of continuation towards 3,249 and even 3,216. Key Technical Highlights - Immediate Resistance: 3,339 – 3,353 - Support Levels: 3,301 (short-term), 3,249, and 3,216 A rejection near 3,339 can lead to another leg down targeting 3,249 and 3,216. However, a strong breakout above 3,339–3,353 could temporarily shift momentum towards 3,394. 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!
OANDA:XAUUSDShort
by SibiSh
2
Gold bottomed out and rebounded, and gold is still rising!The latest news indicates that Trump has announced a 50% tariff on Brazilian products and a 25% tariff on Indian products, and has firmly stated that the tariffs will take effect on August 1st, with no further grace period. These positive factors will also support a rebound in gold. As for tomorrow's big non-farm payrolls, considering that both the previous two times were negative and contrary to the ADP, it is very likely to be bullish for gold, which may help boost a steady rebound in gold, so there is no need to worry if you are stuck with gold. Nothing rises forever, and nothing falls forever. Last week, the market rose in the first half, then fell in the second half. With the first half of this week's decline, the daily chart has already fallen to near the 100-day moving average. Be wary of a rebound in the second half. Gold is bearish today, but don't chase shorts. Focus on the 3300 resistance level. If it breaks above and stabilizes, expect a continued rebound to 3330-3345! A real-time strategy is like a beacon guiding your investment journey. The market will never disappoint those who persevere and explore wisely. FX:XAUUSD VELOCITY:GOLD FXOPEN:XAUUSD ACTIVTRADES:GOLD PYTH:XAUUSD
OANDA:XAUUSD
by Charlie_Senior_Analyst
Gold Crashing After Hot U.S. Data – More Pain Ahead?Minutes ago, important indices were released from the US , which catalyzed the continuation of gold's downward trend . Key U.S. Economic Data Just Dropped! ADP Employment: 104K GDP q/q: 3.0% Both came in stronger than expected , signaling that the U.S. economy is holding up better than many thought! Strong job growth Solid economic expansion The result? A stronger U.S. dollar ( TVC:DXY ) and potential downward pressure on Gold . All eyes are now on FOMC meeting . Will the Fed still hint at future rate cuts despite the solid data? Or is the easing cycle officially on hold? What is your idea!? ---------------------- Gold ( OANDA:XAUUSD ) has already managed to break the Support zone($3,350-$3,326) , Monthly Pivot Point , 50_EMA(Daily) , Support lines , and the lower line of the ascending channel . Also, Gold trading below $3,333 plays an important role for me, which can increase the possibility of a continuation of the downtrend . I expect Gold to drop to at least the Potential Reversal Zone(PRZ) before the FOMO meeting and if the Support zone($3,307-$3,272) is broken, we can expect further declines to $3,253(Second Target) . -------------------------------- Information we need to know: How should the Federal Funds Rate be announced to cause a deeper drop in Gold ? The Fed needs to take a hawkish stance — meaning: They keep rates unchanged, but make it clear they intend to keep them elevated for a prolonged period. They emphasize strong economic data like today's solid ADP and GDP numbers . They express concern that inflationary risks remain, and cutting rates isn’t on the table anytime soon. In this case, markets get disappointed, rate cut hopes fade, and gold drops as real yields( TVC:US10Y ) rise and the U.S. dollar strengthens. -------------------------------- Note: Stop Loss (SL) = $3,340 Gold Analyze (XAUUSD), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
19