Gold Price Analysis August 12Gold – Testing the strength of the bullish wave structure
Today's session, gold prices are fluctuating in the Fibonacci 0.5 – 0.618 zone, raising the question: is the current uptrend still strong enough to sustain?
Previously, a strong increase from 3282 to 3406 completed wave 3. Currently, the downward pressure at the beginning of the week is considered a correction phase in wave 4.
The 3330 zone plays a "key" role in the bullish wave structure. If this level is broken, the market may end the uptrend and head towards the previous historical highs (ATH).
Trading strategy
BUY when there is a clear buying signal at 3330
BUY when the candle closes above 3357 (Fibonacci 0.618)
🎯 Target: 3383 – beyond 3431
Goldprediction
CPI is about to be announced, 3342 life and death lineGold prices rebounded during the Asian and European trading hours on Tuesday (August 12), stalling their rebound. Spot gold briefly rose 0.4% to around $3,357/oz, but the rebound lacked momentum and has now retreated to around $3,346.82/oz, still near the previous day's one-week low. Market expectations are that the Federal Reserve will resume its rate cut cycle in September, but this expectation limits the dollar's potential for recovery, which in turn provides some support for gold, a non-interest-bearing asset.
However, gold bulls appear reluctant to make large bets, opting instead to await the latest US inflation data. This key data will provide fresh clues about the Fed's rate cut path, in turn impacting dollar demand and providing a substantial boost to gold prices. Meanwhile, the extension of the US-China trade truce and optimistic expectations for a US-Russia summit aimed at ending the war in Ukraine could pose bearish factors for gold.
Market Dynamics: Gold prices benefited from Fed rate cut bets, while US dollar demand remained subdued.
Gold prices fell sharply on Monday as easing geopolitical tensions weighed on traditional safe-haven assets. Investors are pinning high hopes on Friday's US-Russia summit, believing it will increase the likelihood of an end to the long-running Russia-Ukraine conflict. Furthermore, continued buying of the US dollar contributed to a sharp drop of approximately 1.65% in precious metals overnight.
Market participants are generally betting on a 25 basis point interest rate cut by the Federal Reserve in September, with at least two more by year-end. This expectation is bolstered by a recent string of disappointing US economic data, including the closely watched non-farm payroll report, which suggests the economy may be weakening.
However, traders are likely to refrain from making large directional bets, opting to wait and see ahead of US inflation data, which could provide further clues about the interest rate outlook.
The US Producer Price Index (PPI) will be released on Thursday, followed by US retail sales data and the Michigan Consumer Confidence Index on Friday. Furthermore, speeches by several key Federal Reserve (FOMC) officials will also influence the US dollar's short-term trajectory and provide significant support for gold prices.
On the trade front, US President Trump signed an executive order on Monday extending the US-China trade truce for three months, easing market concerns about a trade war between the world's two largest economies. Trump previously stated in a social media post that gold would not be subject to tariffs, but provided no further details.
Gold bears need to wait for a break below the key support level near $3342.
Technically, gold has successfully held the key support level of the 200-period SMA on the 4-hour chart, currently located in the $3344-3342 range. Given that oscillators on the chart are showing downward momentum, a break below this support level could drag gold towards the intermediate support level of $3315 and, subsequently, the $3300 mark. Any subsequent selling would be seen as a new trigger for short traders and pave the way for further declines in gold prices.
Conversely, a rebound above the $3358-3360 area could face strong resistance near $3380. A sustained break above this resistance level would allow gold to make another attempt to conquer the $3400 mark. A further break above last week's swing high of $3409-3410 would reverse the current bearish outlook and push gold prices towards testing the next key resistance level of $3422-3423. Upward momentum could extend to the strong horizontal resistance level of $3434-3435. A clear break above this resistance could challenge the historical peak of $3500 reached in April.
Overall, the gold market is currently caught in a tug-of-war between expectations of monetary policy easing and easing geopolitical risks, with technical indicators showing signs of consolidation and volatility. Investors are advised to closely monitor this week's inflation data and exercise caution until key levels are breached. PEPPERSTONE:XAUUSD VELOCITY:GOLD PEPPERSTONE:XAUUSD ACTIVTRADES:GOLD VANTAGE:XAUUSD CMCMARKETS:GOLD
Waiting for new confirmation after 6th day of accumulation✏️Last weekend with a trading day in the accumulation range. Early this week waiting for new momentum to break the accumulation range from 3385 and 3405 to trade on the winning side. When breaking the lower range, a corrective wave will be formed and then create increasing waves to ATH. If breaking the upper range of the accumulation model, buying force can completely push the gold price to approach ATH around 3445 soon.
📉 Key Levels
Support: 3383-3345
Resistance: 3404-3431-3445
BUY Trigger: Price rejection of the candle around support 3383
BUY Trigger: Break resistance 3405
Target 3445
SELL trigger Break and trading bellow 3383
Target 3345
Leave your comments on the idea. I am happy to read your views.
XAUUSD Analysis – August 12 – 4H ChartOn the 4H timeframe, gold is forming a Bullish Harmonic structure (likely a Gartley or Bat pattern), with point D appearing around the strong support zone 3,349 – 3,346 USD, aligning with the 0% Fibonacci level and previous swing low.
1. Technical Breakdown
Harmonic Pattern:
A → B: Strong bearish leg.
B → C: Retracement to the 61.8 – 78.6% Fibo zone.
C → D: Decline to the 88.6 – 100% Fibo zone, touching a strong support area and giving potential reversal signals.
Fibonacci Retracement Key Levels:
50%: 3,352 USD.
61.8%: 3,353 – 3,354 USD.
78.6% – 88.6%: 3,355 – 3,356 USD (near-term resistance target).
Volume: Bullish wick candles at point D with higher volume, indicating bottom-picking activity.
EMA: Price is currently testing the short-term EMA; a successful breakout could open the way toward higher resistance levels.
2. Trading Scenarios
Scenario 1 – Buy following the Harmonic pattern (Preferred):
Entry: 3,349 – 3,350 USD.
Stop Loss: 3,343 USD (just below point D by ~6–7 USD).
TP1: 3,352 USD (Fibo 50%).
TP2: 3,355 USD (Fibo 61.8%).
TP3: 3,358 USD (major resistance + Fibo 78.6%).
RRR: ~4.8 as seen on the chart, suitable for short-term swing setups.
Scenario 2 – Sell against the pattern (High Risk):
Only consider if price breaks strongly below 3,343 USD with high volume.
Target: 3,338 – 3,335 USD.
3. Key Notes
Prioritize buying as long as price holds above point D with bullish confirmation on H1–H4 timeframes.
If price rallies but fails to break above 3,355 USD, consider partial profit-taking and moving SL to breakeven.
Risk management: limit to 1–2% per trade, avoid FOMO entries.
Grasp the key opportunities in gold tradingBefore and after the European session, gold fell back and adjusted again; in the U.S. session, it stabilized and rebounded above 3340 as expected, and continuous low-long layouts achieved steady profits. From the hourly chart structure, the gold trend was highly consistent with the prediction, which not only continued the downward adjustment rhythm, but also released the profit space of rebound long orders, showing the fierce game between the long and short forces in the market.
The 1-hour moving average has begun to turn downward, significantly strengthening bearish momentum. During the US trading session, gold failed to break through the key resistance zone of 3365-3380. This area remains a key defense for bears in the short term.As long as gold fails to effectively break through and hold 3380, the bearish trend will continue to dominate the market, and rebounds will provide favorable opportunities for short positions. The continuous breaking of new lows indicates that bears have a stronger advantage, and bulls are unlikely to achieve a sustained reversal. During trading, it is recommended to strictly implement risk management, reasonably control positions, and position accordingly, seizing every rebound short opportunity. Subsequently, monitor the performance of the key support level of 3340-3330. If this support level fails, bearish momentum will further intensify. Otherwise, there will be limited room for short-term adjustments. Overall, gold is still in a bear-led, volatile downward phase. The main strategy is to short on rebounds, supplemented by buying on pullbacks, and respond flexibly to market changes.
Gold operation suggestion: short gold when it rebounds around 3365-3380, target 3350-3340. If gold falls back to 3340-3330 and stabilizes, consider going long with the target at 3355-3360.
U.S. Slaps 39% Tariff on Swiss Gold BarsU.S. Slaps 39% Tariff on Swiss Gold Bars, Shaking the Global Bullion Market
By Hirad Aryanejad – Macroeconomic & Gold Markets Analyst
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The United States has moved to impose a 39% tariff on imports of one-kilogram and 100-ounce gold bars from Switzerland — a shock decision that could ripple across the global bullion market.
In a letter dated July 31, 2025, the U.S. Customs and Border Protection (CBP) reclassified these widely traded bullion products — critical to the Comex futures market — as “semi-manufactured”, making them subject to duties.
Previously, they were classified as “unwrought, nonmonetary gold” , exempting them from earlier tariff rounds.
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A Blow to the World’s Largest Refining Hub
The decision follows former President Donald Trump’s broader tariff package on all Swiss goods, announced after rejecting Switzerland’s proposal for a 10% tariff in exchange for \$150 billion in U.S.-bound investment.
Switzerland — the world’s largest gold refining hub — exported roughly $61.5 billion in gold to the U.S. over the 12 months ending June 2025. The new tariff could add nearly $24 billion in duties.
Christoph Wild, President of the Swiss Association of Manufacturers and Traders of Precious Metals, called the ruling “another blow” to Swiss-U.S. gold trade, warning that exports may become “economically unviable”.
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Market Reaction: Record Gold Prices
The ruling triggered an immediate market shock. Gold futures in New York surged past $3,500 per troy ounce, hitting a record $3,534 on August 8, before pulling back slightly.
Analysts say the rally was driven by both the tariff announcement and gold’s safe-haven appeal amid escalating trade tensions and geopolitical uncertainty.
Some traders described the CBP’s decision as “shocking” and possibly mistaken, predicting legal challenges ahead. The lack of clarity has already caused certain shipments to freeze in transit.
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The Critical Role of Switzerland in Bullion Logistics
Global bullion trade depends on a triangular supply chain:
Raw gold refined in Switzerland Cast into kilo bars for the U.S. market or 400-ounce bars for London Delivered to satisfy Comex contracts and central bank reserves
This logistical network is now under threat. UBS strategist Joni Teves has questioned whether U.S. gold futures trading can remain viable if tariffs on deliverable products persist.
The Swiss Precious Metals Association noted that the CBP’s clarification applies to all 1kg and 100oz gold bars imported into the U.S. not only those from Switzerland — raising the stakes for global trade flows.
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Negotiations and Uncertainty Ahead
Switzerland continues to negotiate with Washington to reduce the tariff burden, but uncertainty remains.
The White House is reportedly preparing a clarification on the bullion tariffs that could determine whether the market stabilizes or faces prolonged disruption.
Until then, gold industry players — from major banks to refining houses — are bracing for further volatility, both in pricing and physical supply chains.
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Keywords: gold market news, Swiss gold bars, U.S. gold tariffs, Comex gold futures, bullion trade, Switzerland gold exports, precious metals refining, gold price surge, macroeconomic analysis.
Gold long and short two-way layout ideasI write every article hoping to connect with those I'm connected with. I hope to help investors in need. Regardless of initial impressions, I should give them a chance to understand me. I believe that the fact you've read all this is fate, and investing is largely about fate. If you believe in fate and believe I can do something for you, you might want to talk to me.
Gold has been falling steadily today. Technically, the hourly moving average is turning upwards from its highs. This suggests a potential short-term rebound for gold bulls, and they may need significant news to stimulate their decline. Otherwise, they may struggle to achieve significant gains in the short term. With this hourly decline, there's little chance of a major rebound. The key level for gold remains around 3365-3380. After all, previous support levels have become resistance levels. If your current trading isn't ideal, I hope I can help you avoid investment setbacks. Feel free to discuss your options.
From the perspective of the 4-hour cycle structure, the lower support is focused on the 3340-3330 area, which is an effective support zone that has been verified many times; the upper resistance is focused on the 3365-3380 area, which may form a key suppression level in the short term. In terms of operation ideas, we should maintain a two-way strategy of shorting on rebounds and going long on pullbacks. According to the changes in the shape and momentum of prices touching key positions, we should flexibly adjust the entry direction, specific execution points and risk control plans. I will remind you as soon as the market touches key areas, so please pay attention in time.
Gold Trading Strategy:
1. Short gold in batches when it rebounds around 3365-3380, targeting 3350-3340.
2. Go long on gold when it falls back to around 3340-3330, with the target at 3355-3360.
Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Bearish trend dominates, gold awaits direction decisionGold's 1-hour moving average has begun to turn around from a high point. For gold bulls, this may mean that if they want to reverse their decline in the short term, they may need major news to stimulate the market. Otherwise, in the short term, gold bulls may find it difficult to make any significant progress. Gold's 1-hour moving average has fallen at this rate, and there has been basically no major rebound. This rebound also provides a second opportunity for shorting. The key level of gold is still in the 3365-3380 area. If the US market is under pressure at the 3365-3380 area, then gold will continue to be shorted on highs. The market is changing rapidly. We never become rigid longs or shorts. Trading is about following the wind. We go where the wind blows, otherwise we will eventually fail against the wind. Gold bears are now clearly becoming stronger, so we should continue to ride on the tailwind of the gold bears.
GOLD ROUTE MAP UPDATEHey Everyone,
Once again our chart idea is playing out in true level to level fashion.
We started with our bearish gap hit at 3377, followed with ema5 cross and lock opening 3354, which was also hit perfectly.
We are now seeing price play in the retracement range with 3329 also open for test. We expect reaction on this retracement zone, also keeping in mind the Bullish gap above, inline with our plans to buy dips.
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
3403
EMA5 CROSS AND LOCK ABOVE 3403 WILL OPEN THE FOLLOWING BULLISH TARGETS
3422
EMA5 CROSS AND LOCK ABOVE 3422 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
BEARISH TARGETS
3377 - DONE
EMA5 CROSS AND LOCK BELOW 3377 WILL OPEN THE FOLLOWING BEARISH TARGET
3354 - DONE
EMA5 CROSS AND LOCK BELOW 3354 WILL OPEN THE FOLLOWING BEARISH TARGET
3329
EMA5 CROSS AND LOCK BELOW 3329 WILL OPEN THE SWING RANGE
3304
3281
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
GOLD Touches the Order blocks and does a little retracement.Gold is stuck in some range bond and is still not able to break 3500. Watch the DXY and be very careful when it breaks the supports or resistances. Can be fake-outs. Check your support and resistances and open positions accordingly. Wait for Price Again and strong solid breakouts to enter the market.
Disclaimer:
The content presented in this IMAGE is intended solely for educational and informational purposes. It does not constitute financial, investment, or trading advice.
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Huang cannot break through 3400, and the bearish trend begins
💡Message Strategy
The gold market has been volatile recently, with price fluctuations weighing on the nerves of global investors. Gold prices saw a significant decline on Monday (August 11th), with market attention focused on the US-Russia talks regarding the Ukraine conflict and the upcoming release of US Consumer Price Index (CPI) data.
These two major events not only have implications for the direction of geopolitical developments but may also provide important clues to the Federal Reserve's interest rate policy, thereby influencing the future trend of gold prices.
📊Technical aspects
Gold bulls rebounded under pressure, retreating to the 3400 level before ultimately breaking down. Gold bulls have lost their initiative, the rebound is weak, and the price continues to fall, breaking new lows. Gold has now reached scenario 2, which we discussed yesterday, at 3350, and is poised for further declines.
Gold's 1-hour high trading volume zone finally broke below, breaking the oscillation pattern. This means the high-level box has formed a short-term top structure, and the resistance at the high level has become very heavy.
At this point, it's no longer advisable to blindly chase gold prices; a bearish outlook on a pullback is the prevailing trend.
💰Strategy Package
Short Position:3360-3365,SL:3380,Target: 3330
The daily trend has not changed, go long on pullback#XAUUSD
Good morning, and a wonderful day. Last night we expected that if the 3390-3380 level below is effective, then gold will still have room to rise. After the morning opening, gold began to fall and adjust, reaching a low of around 3367, and the overall trend fell into a wide range of fluctuations. From a technical perspective, the daily moving average tends to converge upward, with the middle track located near 3357. Before it effectively falls below, the daily bullish trend remains unchanged. Paying attention to the 4H technical indicators, we find that the MACD indicator death cross with large volume tends to fluctuate and fall. In the short term, we should focus on 3380-3390 above. At present, we should focus on the support at 3350. If it fails to break through effectively, gold will rebound again. On the whole, it is recommended to go long when the price retreats to around 3360-3350 during the day, with the target at 3375-3385.
🚀 BUY 3360-3350
🚀 TP 3375-3385
XAUUSD swing readyH1-H4 TIMEFRAME SETUP
Currently XAUUSD is following the implusive down Trend as we mentioned once 3370 breaks 3345 is on mark I expecting market will renounce from 3335-3342 zone.
What possible scenarios we have ?
• Market has to gives closing of H4 above 3335-3340 for the implusive bounce for HH on D1 & H4 candles ,also I'm ready for buying at & my Targets are 3358 then 3370
• secondly If gold breaks to 3332-3330 and candle closes below then our buying will be invalid and market will retest 3310
#XAUUSD
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
Gold weakness confirmed, short selling may accelerateAfter short-term sideways consolidation, gold continued its downward trend in the European session. It is expected to break the previous wide sweeping pattern today. In the 4H cycle, the price effectively fell below the middle Bollinger band under the pressure of continuous negative lines, showing the momentum of continued decline; after the short-term support of 3360 was lost, the lower Bollinger band space was further opened, and the weak pattern was confirmed. Strategically, the European and American sessions were adjusted to maintain a downward trend. The upper pressure focused on the 3365-3380 area. The operation was mainly rebound shorting. If 3350 was further broken below, the target could be extended to the 3340-3330 area.
Gold operation suggestion: short gold when it rebounds around 3365-3380, target 3350-3340-3330.
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.
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!
Gold Technical Analysis - Bearish Bias Below $3,384Gold is currently trading near $3,373 within an ascending channel but showing signs of weakness. A rejection near the $3,384–$3,390 resistance zone could trigger a downside move toward key supports at $3,350, $3,338, and $3,326. If price breaks below the channel midline, bearish momentum may strengthen. However, a bounce from support could push gold back toward the upper range. Keep an eye on breakout zones for the next move.
🔑 Key Levels to Watch
- Resistance: $3,384 → $3,390: Strong resistance zone
- Support: $3,350 → $3,338 → $3,326
- Breakout Zones: Below $3,338: Opens room to $3,310 and below. Above $3,390: May lead to fresh highs toward $3,410+
🧭 Trend Outlook
- Short-Term: Bearish bias within the ascending channel, especially if price breaks below mid-channel.
- Medium-Term: Neutral to bullish as long as the lower channel trendline holds.
- Momentum: Losing bullish momentum; potential for downside correction.
Price is at a decision point within the ascending channel. A clean break below the mid-channel and $3,365 area can accelerate downside correction. Stay alert to key support zones and any reversal signals.
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!
Gold (xauusd): still bullishHello guys!
Price is moving inside an ascending channel.
Recently bounced from mid-channel support (“last kiss”) and heading toward channel resistance.
Potential upside target: $3,435 zone.
As long as the price stays above mid-line support, bullish momentum remains intact.