Gold Retreats After $3597 ATH🔎Gold Outlook (Post-NFP)
• Main Trend: Gold remains in a strong uptrend, supported by weak NFP data → weaker USD → almost certain Fed rate cut in September.
• Short-term Support: $3,573 (tested and bounced 1–2 times). If broken, the next supports are at $3,560 and deeper at $3,545.
• Near-term Resistance: $3,590 – $3,600 (ATH). A breakout here could target $3,620–$3,630.
• EMA & Momentum: Price is still above the EMA9 & EMA21 on H1/H4, indicating the bullish trend remains intact, though momentum has slowed after hitting ATH.
• Market Sentiment: After a sharp rally, the market is pausing for consolidation — a healthy sign in a broader uptrend.
📌 Conclusion : In the short term, gold may consolidate between $3,573–$3,590 before choosing direction. Holding above $3,573 increases the chance of retesting $3,600 and higher. A break below $3,573 could trigger a deeper pullback toward $3,560–$3,545.
Goldsetup
Gold Holds Bullish Momentum – Key Watch at $3,565 and $3,578📊 Market Overview
Gold remains steady around $3,555–3,565/oz, close to record highs. The rally is supported by expectations of upcoming Fed rate cuts, a weaker USD, and strong central bank demand. In addition, geopolitical tensions continue to sustain safe-haven flows, keeping gold well-supported.
📉 Technical Analysis
• Resistance levels:
o $3,562–3,565 → minor intraday resistance.
o $3,572–3,578 → major resistance, close to ATH.
o $3,585 → extended resistance; a breakout here could trigger further upside.
• Support levels:
o $3,548–3,550 → immediate support zone.
o $3,540–3,542 → key short-term support.
o $3,530 → deeper support, below EMA9 H1.
• EMA: Price is trading above EMA9 on H1, confirming a short-term bullish trend.
• Patterns / Momentum: H1 candles continue forming higher lows, showing steady buying pressure. RSI hovers near 61, leaving room for further upside.
📌 Outlook
Gold is expected to remain bullish in the short term as long as it holds above $3,550. However, profit-taking pressure could emerge near $3,565–3,578, potentially leading to temporary pullbacks before resuming the uptrend.
Suggested Trading Strategy
🔻 SELL XAU/USD at: $3,565–3,562
🎯 TP: 40/80/200 pips
❌ SL: $3,568
🔺 BUY XAU/USD at: $3,548–3,545
🎯 TP: 40/80/200 pips
❌ SL: $3,542
GOLD STEPS UP – HITS NEW ATH AT $3 565📊 Market Overview:
Gold has now reached $3 565/oz, continuing its bullish ascent amid persistent global uncertainty. Safe-haven demand remains strong, and the market reflects near-certain expectations (92%) of a Fed rate cut in mid-September
📉 Technical Analysis:
• Key Resistance: $3 570 – $3 580
• Nearest Support: $3 555 – $3 560
• EMA: Price remains well above EMA09 & EMA50 → strong bullish momentum.
• Candlestick / Momentum: A breakout above prior resistance accompanied by high volume confirms strengthening upward momentum
📌 Outlook:
Despite modest economic data, gold continues its rally and just hit a new high. A short-term pullback to support zones remains possible, but the upward trend is firmly intact.
💡 Trading Strategy Suggestions:
✅ BUY : $3555 – $3558
🎯 TP: $3570
❌ SL: $3553
Gold Extends Rally on Rising Rate-Cut Expectations📊 Market Developments:
Gold hit an all-time high around $3 508/oz before easing to about $3 494/oz, driven by a weaker U.S. dollar and growing expectations for a Fed rate cut in September. Markets are pricing in roughly a 90% probability of a rate cut this month.
📉 Technical Analysis:
• Resistance: $3 500 – $3 525 – $3 560
• Support: $3 425 – $3 400
• EMA: Price remains above EMA 09 → bullish trend
• Candlestick / Momentum: Indicators (RSI, MACD, CCI) all show strong buy momentum.
📌 Outlook:
Gold is in a clear short-term uptrend. A breakout above $3 500 may lead to $3 525 – $3 560. On the downside, strong support sits around $3 425 – $3 400, ideal for potential pullback entries.
💡 Trading Strategy:
🔻 SELL XAU/USD
Entry: $3 522 – $3 525
🎯 TP: 40/80/200 pips
🛑 SL: $3 528
🔺 BUY XAU/USD
Entry: $3 425 – $3 428
🎯 TP: 40/80/200 pips
🛑 SL: $3 422
GOLD BULLISH SENTIMENTAs the new month opened, we see gold retaining its bullish stance breaking its previos ATH and hitting the 3500 price.
We expect XAUUSD to hold its bullish momentum on the long run .Note that we are the top of the trend line so bearish retracements could occur before a continued bullish rally.
3490 is our first POI
Gold Faces $3,430 Resistance – Minor Pullback Likely📊 Market Dynamics:
Following the PCE report, gold rallied sharply and is now trading around $3,427/oz, testing a major resistance zone. Buyers remain in control, but profit-taking emerges near $3,430.
📉 Technical Analysis:
• Key Resistance: $3,430 – $3,435
• Nearest Support: $3,418 – $3,415
• EMA 09: Price holds above EMA09, keeping bullish bias intact.
• Candlestick / Momentum: H1 candles show long upper wicks around $3,430 → signaling short-term selling pressure.
📌 Outlook:
A clear break above $3,430 could extend gains toward $3,440 – $3,450; failure to hold may trigger a pullback to $3,418 – $3,415.
💡 Suggested Trading Strategy:
• 🔻 SELL XAU/USD: $3,437 – $3,435
🎯 TP: 40/80/200 pips
❌ SL: $3,442
Gold Tests $3,401 – Breakout or Pullback Ahead?📊 Market Dynamics:
Gold is trading around $3,401/oz, testing a key technical resistance.
The upcoming U.S. PCE data is in focus, with markets pricing in over 88% probability of a 25 bps Fed rate cut, which supports bullish sentiment for gold.
RBC maintains a long-term bullish outlook, forecasting gold could reach $3,722 – $3,813 by 2025–2026.
📉 Technical Analysis:
• Resistance: $3,401 → $3,416 – $3,435
• Support: $3,374 – $3,389 (pivot $3,350 – $3,375)
• Indicators: RSI has eased from overbought; MA50 still supports short-term upside; overall MA signals: Strong Buy.
📌 Outlook:
• Above $3,401: potential extension to $3,416 – $3,435, possibly $3,440.
• Failure to break: a pullback toward $3,374 – $3,389 is possible.
💡 Trading Strategies:
🔻 SELL XAU/USD
Entry: $3,401 – $3,404
🎯 TP: 40 / 80 / 200 pips
❌ SL: $3,407
🔼 BUY XAU/USD
Entry: $3,394 – $3,398
🎯 TP: 40 / 80 / 200 pips
❌ SL: $3,391
Gold Holds Steady – Fed Rate Cut Fears Continue to Support📊 Market dynamics:
• Gold prices are holding firm around $3,390.27/oz, while December futures trade near $3,447.40/oz, as investors await the PCE data and further Fed signals.
• CME FedWatch shows over 88% probability of a 25 bps rate cut at the next Fed meeting.
• A weaker USD and ongoing political turmoil around the Fed continue to provide safe-haven support for gold.
📉 Technical analysis:
• Key resistance: $3,400 – $3,435
• Nearest support: $3,375 – $3,384
• EMA 09: Needs to be checked on real-time chart; gold price is consolidating close to short-term moving averages.
• Candlestick / volume / momentum: Recent 2-week highs show some profit-taking pressure, but Fed uncertainty and USD weakness still support short-term bullish momentum.
📌 Outlook:
• In the short term, gold may extend higher if PCE data is weaker and the Fed signals more easing.
• However, if US data surprises on the upside and the Fed stays hawkish, gold could retest the $3,375 – $3,380 support zone.
💡 Suggested trading strategies:
🔻 SELL XAU/USD zone: $3,393 – $3,396
🎯 TP: 40/80/200 pips
🛑 SL: $3,380 – $3,385
🔺 BUY XAU/USD zone: $3,375 – $3,378
🎯 TP: 40/80/200 pips
🛑 SL: $3,365 – $3,370
Gold Rebounds from 3,352 – Potential Rally Toward 3,390📊 Market Developments:
On August 26, 2025, gold dropped to a low of ~$3,351.44/oz before sharply rebounding to ~$3,386.49/oz in the same session. The rebound was fueled by a weaker USD after President Trump dismissed Fed Governor Lisa Cook, boosting safe-haven demand. At the same time, dovish signals from the Fed reinforced rate cut expectations, further supporting gold.
📉 Technical Analysis:
• Key Resistance: ~$3,385–3,390
• Nearest Support: ~$3,350–3,352
• EMA 09: Price is trading above EMA 09, showing bullish momentum remains intact.
• Candlestick / Momentum: Strong bullish candle formed from ~$3,352, supported by positive RSI and MACD, confirming active buying pressure.
📌 Outlook:
Gold is likely to continue rising in the short term if it stays above 3,350–3,352 and successfully breaks 3,385–3,390, opening the way toward 3,400–3,410. A break below 3,350 could trigger a correction back to 3,330–3,340.
💡 Suggested Trading Strategy:
🔺 BUY XAU/USD at: 3,352–3,355
🎯 TP: 40/80/200 pips
❌ SL: 3,349
🔻 SELL XAU/USD at: 3,387–3,390
🎯 TP: 40/80/200 pips
❌ SL: 3,393
Gold Testing 3375 – Watch for Reversal or Breakout📊 Market Overview:
• Gold touched the $3,375 resistance zone, its highest level in two weeks, as the US dollar showed slight recovery.
• However, expectations of a Fed rate cut in September remain supportive for gold after Powell’s dovish remarks at Jackson Hole.
📉 Technical Analysis:
• Key Resistance: $3,375 – $3,378
• Nearest Support: $3,350
• EMA 09: Price trading above short-term EMA → bullish momentum intact
• Candle / Volume / Momentum: Indicators (RSI, MACD) show strong buy signals, but the 3375 level is a decisive barrier.
📌 Outlook:
Gold may continue upward if it breaks above $3,378 with strong momentum, targeting $3,392–$3,400.
If price fails at $3,375 and closes below $3,370, a short-term correction toward $3,355–$3,350 is likely.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD
Entry: $3,377 – $3,380
🎯 TP: $40/80/200 pips
🛑 SL: $3,385
🔺 BUY XAU/USD
Entry: $3,350 (support zone)
🎯 TP: $40/80/200 pips
🛑 SL: $3,344
Gold Pulls Back Slightly as USD Strengthens,Fed Support in Place📊 Market Overview:
Gold prices dipped around 0.2% to about $3,364/oz as the U.S. dollar rallied, reducing gold's appeal to foreign buyers. Still, expectations of an interest rate cut from the Federal Reserve continue to provide support for bullion
📉 Technical Analysis:
• Key Resistance: around $3,370 – $3,375, with potential upside toward $3,400 if broken
• Nearest Support: around $3,350 – $3,360
• EMA (assumed EMA 09): Price hovering near EMA09; short-term trend unclear—charts needed to confirm breakout or breakdown.
• Candlestick/Volume/Momentum: Slight selling pressure observed; momentum modest, while Fed-driven optimism limits downside.
📌 Outlook:
Gold may edge higher in the short term if the USD weakens and the Fed signals actual easing over upcoming policy moves. A stronger USD may trigger another short-term correction.
________________________________________
💡 Proposed Trading Strategy:
SELL XAU/USD around $3,373 – $3,375
🎯 TP: 40/80/200 pips
❌ SL: ~$3,378
BUY XAU/USD: $3,350 – $3,353
🎯 TP: 40/80/200 pips
❌ SL: ~$3,347
Gold Short-term: Selling Pressure Increases After Breaking 3340📊 Market Overview:
Gold broke 3340 due to strong selling pressure following hawkish Fed comments and strong USD data. Investor sentiment leans defensive, pushing gold down to 3328.
📉 Technical Analysis:
• Key resistance: 3335–3340
• Nearest support: 3320–3315
• EMA: Price below EMA09 → short-term bearish trend
• Candlestick / volume / momentum: Strong red candles with increasing volume indicate sustained selling pressure
📌 Outlook:
Gold may continue to decline in the short term if it fails to reclaim 3340, targeting support around 3320–3310.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD : 3335–3338
🎯 TP: 40/80/200 pips
❌ SL: 3340
🔺 BUY XAU/USD : 3319–3322
🎯 TP: 40/80/200 pips
❌ SL: 3315
Gold fell to 3325 after the US and EU reached a trade agreement📊 Market Overview
Gold is consolidating as traders await Fed Chair Powell’s speech at Jackson Hole. A slightly firmer USD is acting as a mild headwind.
Reuters reported spot gold trading around $3,340/oz earlier today with a wait-and-see tone.
📉 Technical Analysis
• Key Resistance: 3,361 → next levels 3,375–3,400.
• Nearest Support: 3,323 → next levels 3,300–3,285.
• EMA: Price is trading below EMA50, signaling short-term bearish pressure.
• Pattern / Momentum: Market is in a consolidation phase, with selling pressure emerging near resistance. Bearish bias likely if 3,350–3,361 fails to break.
📌 Outlook
In the short term, gold is expected to range-trade between 3,323 and 3,361.
• Holding above 3,323 favors a bounce toward 3,340–3,350.
• A break below 3,323 risks a move down to 3,315–3,310.
💡 Suggested Trading Strategy
SELL XAU/USD at: 3,350–3,360
🎯 TP: ~3,330 ❌ SL: ~3,370
BUY XAU/USD at: 3,330–3,322
🎯 TP: ~3,350 ❌ SL: ~3,312
Gold Holds Steady Amid Consolidation Phase📊 Market Overview:
Gold is holding steady around $3,342/oz, slightly lower by ~0.1% as investors await Fed Chair’s speech at the Jackson Hole symposium. Meanwhile, geopolitical risks continue to support gold as a safe-haven asset.
📉 Technical Analysis:
• Key Resistance: $3,350 – $3,435
• Nearest Support: $3,300 – $3,310 (100-day MA)
• EMA: Price is trading above the 100-day MA but still below the 200-hour MA, signaling short-term recovery momentum but resistance ahead.
• Candle / Momentum: Market remains in a tight consolidation range; RSI shows potential cooling before the next move.
📌 Outlook:
Gold may edge higher in the short term if the Fed signals a dovish shift (rate cut), targeting the $3,400 zone. If policy remains unchanged, gold could consolidate further or retrace toward $3,300.
💡 Trading Strategy Suggestions:
🔻 SELL XAU/USD : $3,370 - $3,373
🎯 TP: 40/80/200 pips
🛑 SL: $3,376
🔺 BUY XAU/USD : $3,310 – $3,313
🎯 TP: 40/80/200 pips
🛑 SL: $3,307
Gold Holds $3310 Support, Trading Around $3319📊 Market Overview
Gold dropped to the $3311/oz zone (near a technical bottom) and then rebounded, currently trading around $3319/oz. This indicates buying interest emerging at a key support, while overall market sentiment remains cautious ahead of Fed signals.
📉 Technical Analysis
• Near-term resistance: $3325 and $3335
• Near-term support: $3310 and $3300
• The rebound from $3311 shows that the $3310 level is acting as strong short-term support.
• EMA20 on H1 still points downward, indicating selling pressure remains, but RSI shows an oversold condition, signaling a potential short-term technical rebound.
🔎 Outlook
In the short term, gold is likely to range between $3310 – $3330. Holding above $3310 could allow price to retest $3325 – $3335. If $3310 breaks, the decline could extend toward $3300.
🎯 Suggested Trading Strategy
🔺 BUY XAU/USD
Entry: 3300 – 3297
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 3394
🔻 SELL XAU/USD
Entry: 3327 – 3330
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 3333
Gold Rises to 3339 – Awaiting Pullback to 3317📊 Market Overview
After dipping to 3326, gold rebounded sharply and reached 3339 in the latest session. The upside momentum came from safe-haven demand as the USD temporarily weakened. However, ahead of the Jackson Hole symposium, the market remains cautious with no clear trend established.
📉 Technical Analysis
• Key Resistance: 3338–3341 (fresh intraday top)
• Nearest Support: 3326–3328, deeper support at 3317 (major level)
• EMA: Price is trading above EMA9 on the H1 timeframe, indicating short-term bullish momentum still intact
• Candles & Momentum: Continuous bullish candles from 3326 → 3339, but limited volume suggests a potential pullback ahead
📌 Outlook
In the short term, gold is likely to face selling pressure near 3338–3341. A break below 3326 could open the way toward the key 3317 support zone for a retest of buyers’ strength.
💡 Suggested Trading Strategy
🔻 SELL XAU/USD at: 3338–3341
🎯 TP: 40/80/200 pips
🛑 SL: 3344
🔺 BUY XAU/USD at: 3317 - 3314
🎯 TP: 3332 / 3340
🛑 SL: 3311
Gold Is Consolidating in the Short Term📊 Market Developments:
Spot gold is hovering around $3,337/oz, as investors await Fed Chair Powell’s remarks at the Jackson Hole symposium (Aug 21–23) for signals on possible rate cuts. Meanwhile, geopolitical updates on U.S. diplomacy in Ukraine also influence sentiment.
📉 Technical Analysis:
• Key Resistance: $3,380/oz
• Nearest Support: $3,330–$3,335/oz
• EMA 09: Price is consolidating near support, no clear direction yet.
• Candlestick / Volume / Momentum: Neutral, waiting for fresh catalysts.
📌 Outlook:
Gold may range or edge higher short-term if the Fed signals dovishness. Otherwise, a pullback toward support remains likely.
________________________________________
💡 Trading Strategy Suggestion:
🔻 SELL XAU/USD at: $3,377–$3,380
🎯 TP: 40/80/200 pips
🛑 SL: $3,383
🔺 BUY XAU/USD at: $3,330–$3,333
🎯 TP: 40/80/200 pips
🛑 SL: $3,327
Gold Recovers as Rate-Cut Hopes Strengthen📊 Market Summary:
• Gold (XAU/USD) rose slightly +0.5% to ~$3,350.55/oz, supported by growing expectations of Fed rate cuts and lower U.S. bond yields, which boosted safe-haven demand.
• However, easing geopolitical tensions have reduced strong safe-haven flows, putting mild pressure on gold.
📉 Technical Analysis:
• Resistance Levels:
• $3,400 – immediate resistance
• $3,420 – next key resistance if $3,400 is broken
• Support Levels:
• $3,330–$3,335 – strong support zone
• $3,310 – secondary support if $3,330 fails
• EMA & MAs: Price is holding above most short-term EMAs/MAs (MA5, MA10, MA20 → bullish; only MA200 remains bearish) → trend still bullish.
• Momentum Indicators: RSI ~62 (positive), Stoch & MACD remain bullish, ADX ~30 confirms a relatively strong trend.
📌 Outlook:
• Short-term: Gold could retest $3,400–$3,420 if dovish Fed signals and low yields persist.
• Risk: A hawkish Fed tone or easing geopolitical risks could drag gold back down toward $3,330 and possibly $3,310.
💡 Trade Strategy:
🔺 BUY XAU/USD: $3,330–$3,333
🎯 TP: 40/80/200 pips
❌ SL: $3327
🔻 SELL XAU/USD : $3,402–$3,405
🎯 TP: 40/80/200 pips
❌ SL: $3,408
Gold May Correct Amid U.S. Inflation Concerns📊 Market Overview
• Spot gold edged up slightly as the U.S. dollar weakened, but is still heading for a ~1.5% weekly drop as strong U.S. inflation data reduced expectations for significant Fed rate cuts.
• Earlier this week, softer-than-expected U.S. CPI data (up 0.2% in July) briefly lifted gold prices to $3,351.46/oz.
📉 Technical Analysis
• Key Resistance: ~$3,350–3,360/oz
• Nearest Support: ~$3,330–3,340/oz
• EMA 09:
If price is above EMA09 → short-term trend is bullish.
If price is below EMA09 → trend is bearish
• Candlestick / Volume / Momentum:
Price action is consolidating in a narrow range, showing a cautious market tone.
No significant breakout signals from volume yet.
📌 Outlook
Gold may rise slightly in the short term if the U.S. dollar continues to weaken and inflation data remains soft. However, if incoming data reinforces the view of fewer rate cuts (e.g., higher PPI, lower jobless claims), gold could correct lower.
💡 Suggested Trade Strategy
SELL XAU/USD: $3,350–3,355
🎯 TP: ~$3,330–3,340
❌ SL: ~$3,360
BUY XAU/USD: $3,330–3,335
🎯 TP: ~$3,350–3,360
❌ SL: ~$3,320
Gold Longs from 3,300 (11hr demand zone)Weekly Gold Analysis
For this week, I’m watching for short-term sell opportunities down into the 12H demand zone. At the moment, price is showing momentum to the downside, so we could see a setup form in the 12H supply zone before continuation.
However, my main focus remains aligned with the long-term trend, which suggests a potential rally forming from the 11H demand zone.
I’ve also noted a trendline forming above current price — meaning the reaction from the 12H demand zone could play out sooner than expected. That said, given the imbalance below, price may first need to mitigate a supply zone before breaking structure further to the downside.
Confluences for Gold Longs:
- Higher timeframe structure remains bullish overall.
- Significant upside liquidity still needs to be taken.
- An 11H demand zone remains unmitigated.
- For price to continue higher, a retracement is necessary.
- DXY analysis aligns with this bullish outlook.
P.S. Pro-trend trades take priority — but if a sell setup forms, I’ll approach with caution, lower risk allocation, and tighter TP targets.
Gold Likely to Retrace Short-Term – Hot PPI Caps Gains📊 Market Overview:
Gold is facing mild downward pressure after July’s US PPI rose 3.3% YoY, stronger than expected, reducing optimism for an aggressive 50 bps Fed rate cut next meeting. Safe-haven demand remains supported by geopolitical risks ahead of the Trump–Putin meeting, but Fed caution is capping further upside.
📉 Technical Analysis:
• Key Resistance: ~$3,370 (near-term), ~$3,400 (major)
• Nearest Support: ~$3,345 (near-term), ~$3,330–$3,340 (major)
• EMA 09: Price is currently below EMA 09, indicating a mild short-term bearish bias.
• Candlestick / Volume / Momentum: Current structure shows a mild retracement with steady volume; momentum softens as hot inflation data limits upside potential.
📌 Outlook:
Gold may continue easing in the short term if US economic data remains strong. A rebound above resistance could occur if rate-cut expectations revive or geopolitical tensions escalate.
________________________________________
💡 Trade Strategy Suggestion:
🔻 SELL XAU/USD: $3,369–$3,372
🎯 TP: 40/80/200 pips
❌ SL: ~$3,375
🔺 BUY XAU/USD : $3,330–$3,333
🎯 TP: 40/80/200 pips
❌ SL: ~$3,327
Gold Holds Around $3,350 After Volatile Swings📊 Market Overview:
Gold is currently steady around $3,350/oz after intraday moves between $3,341 and $3,375, according to Investing.com. Reuters reports spot gold near $3,357.65/oz, supported by expectations of Fed rate cuts and a softer USD.
📉 Technical Analysis:
• Key Resistance: $3,400
• Nearest Support: $3,341 – $3,342
• EMA 09: Price is hovering near the 9-day EMA, showing a short-term neutral bias.
• Candlestick / Volume / Momentum: Small-bodied candles with long wicks indicate market indecision, awaiting clear macroeconomic cues.
📌 Outlook:
Gold may range sideways around $3,350 in the short term unless new economic data triggers strong movement. A weaker dollar or stronger rate-cut expectations could lift prices toward $3,360–$3,400, while renewed USD strength may pressure gold down to $3,340 or lower.
💡 Suggested Trading Strategy:
SELL XAU/USD: $3,362 – $3,365
🎯 TP: 40/80/200 pips
❌ SL: $3,368
BUY XAU/USD: $3,340 – $3,343
🎯 TP: $3,360
❌ SL: $3,337