Gold Poised for Mild Rebound amid Tariff Relief📊 Market Movement:
Gold eased after President Trump announced tariff exclusions on imported gold bars, easing prior market uncertainty. Safe-haven demand stays supported by macroeconomic and Fed policy concerns.
📉 Technical Analysis:
• Key Resistance: $3,385 – $3,410 – $3,460
• Nearest Support: $3,330 – $3,332
• EMA: Price fluctuates around medium-term EMA.
• Candlestick / Momentum: Ascending triangle, neutral RSI, rising volume → mild accumulation signs.
📌 Outlook:
Gold may see a mild rebound in the short term if trade policy remains stable and the Fed keeps rates unchanged. Strong US economic data could pressure prices downward.
________________________________________
💡 Suggested Trading Plan
🔻 SELL XAU/USD: $3,410–$3,413
🎯 TP: 40/80/200 pips
❌ SL: $3,416
🔺 BUY XAU/USD: $3,330–$3,333
🎯 TP: 40/80/200 pips
❌ SL: $3,327
Goldsetup
Gold Breaks $3,352 Support – Further Downside Risk📊 Market Overview:
• Spot gold is now trading at $3,352–3,356/oz, sliding sharply on profit-taking and uncertainty over potential U.S. import tariffs on gold.
• Weak buying interest at support pushed the price below the 200-hour MA, opening the door for deeper declines.
📉 Technical Analysis:
• Key resistance: $3,360–$3,365
• Nearest support: $3,345; next at $3,330
• EMA 09: Price remains below EMA09 → short-term trend is bearish
• Momentum: RSI below 45, sellers maintain control
📌 Outlook:
• Gold may continue to decline toward $3,345 or $3,330 if the H1 candle closes below $3,350.
• Only a break back above $3,365 with strong volume could trigger a short-term reversal.
💡 Suggested Trading Strategy:
SELL XAU/USD: $3,362–3,365
🎯 TP: 40/80/200 pips
❌ SL: $3,368
BUY XAU/USD: $3,345–$3,348 (only if clear bullish reversal candlestick forms)
🎯 TP: 40/80/200 pips
❌ SL: $3,342
Gold Sideways, Awaiting Breakout Confirmation📊 Market Overview:
Gold on the H1 chart is consolidating between $3,375 and $3,404, with buying and selling pressure balanced ahead of U.S. CPI data. Narrow H1 candles suggest imminent volatility.
📉 Technical Analysis:
• Key Resistance: $3.400–$3.410
• Nearest Support: $3.358–$3.351
• EMA: Price hovering around EMA 50, with EMA 9 crossing below EMA 21 → short-term bias slightly bearish.
• Pattern / Momentum: MACD losing bullish momentum, RSI neutral at 48–50, Inside Bar pattern forming on H1.
📌 Outlook:
• A break below $3.351 could drive gold toward $3.333–$3.321.
• Holding above $3.370 and breaking $3.400 could target $3.410–$3.420.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD : $3.397–$3.400
🎯 TP: 40/80/200 pips
❌ SL: $3.403
🔺 BUY XAU/USD : $3.352–$3.355
🎯 TP: 40/80/200 pips
❌ SL: $3.349
Excellent selling trades Delivered [550 pips]As I mentioned throughout Today's commentary session:
My strategy is sell from 3402-3405
Very happy with the profits so far multiple attempts after Back to back Tps HIT.
TODAY'S PROFITABLE TRADES 💰🙌
GOLD SELL 3400 60 PIPS BE
GOLD SELL 3402 200 PIPS TP
GOLD SELL 3401 130 PIPS TP
GOLD SELL 3400 190 PIPS TP
•4 consecutive WIN
•1 SETUP
Always follow your Setup & your path with Paitence and Discipline
My medium-term targets remain sucessfully delivered which is achieved alhumdullilah.
All I say thanks to those who followed us and made profits.
Gold Poised to Continue Rising If Supports Hold📊 Market Overview:
Gold remains on the rise amid expectations of further Fed rate cuts, a weakening U.S. dollar, and persistent tariff-related uncertainty. Citi has raised its 3-month forecast to $3,500–3,600/oz
📉 Technical Analysis:
• Current Resistance Levels:
o Near-term: $3,408–3,412
o Extended: $3,421 and $3,442
• Key Support Levels:
o Immediate: $3,375, then $3,355 and $3,343
o Deeper: $3,312–3,300 demand zone on TradingView, and April low at $3,170
• Technical Trend:
Gold continues to receive strong bullish signals across multiple moving averages, and FXEmpire indicators show “Strong Buy” across most timeframes
📌 Outlook:
The short-term bias is clearly bullish. As long as gold holds above the $3,375 support and breaks through the $3,408 resistance, it is likely to rally toward the $3,420–3,440 area.
💡 Suggested Trading Strategy:
BUY XAU/USD : $3,375–3,378
🎯 TP: 40/80/200 pips
❌ SL: $3,370
Gold Continues to Attract Safe-Haven Flows📊 Market Brief
Gold prices remain firm above the 20-day EMA and 50-day MA, reflecting increased safe-haven demand amid ongoing trade tensions and growing expectations of a Fed rate cut.
The price is currently testing the resistance area around $3,400/oz, while immediate support lies in the $3,320–$3,330/oz range.
📉 Technical Analysis
• Key Resistance:
- $3,400
- Followed by: $3,420–$3,435
• Nearest Support:
$3,320–$3,330
- If broken, next levels are $3,300–$3,268
• EMA Position:
- Gold remains above both the 20-day EMA and 50-day MA, indicating a short-term uptrend
• Patterns & Momentum:
- RSI ~54 (neutral), MACD positive – indicating underlying bullish momentum
- EMA 8/21 crossover is turning upward, signaling short-term bullish reversal potential
📌 Outlook
Gold may continue rising modestly if it holds above the $3,320–$3,330 support zone and successfully breaches the $3,400 resistance. However, a break below $3,320 could lead to a test of $3,300 or even $3,268.
💡 Suggested Trading Strategy
SELL XAU/USD : $3,395–$3,3400
o 🎯 TP: 40/80/200 pips
o ❌ SL: ~$3,405
BUY XAU/USD :$3,325–$3,330
o 🎯 TP: 40/80/200 pips
o ❌ SL: ~$3,320
Gold May Correct Short-TermMarket Overview:
• Gold trading around $3,366–3,371 USD/oz, easing from two-week highs.
• Pressure from firmer US yields and USD recovery.
• Weak US jobs data boosted Fed rate cut expectations to ~90%.
• Still supported by global economic/political uncertainties and safe haven demand.
Technical Analysis:
• Resistance: ~$3,385–3,390, near psychological $3,400.
• Support: ~$3,345–3,350; break could target ~$3,310.
• Trading above EMA50, EMA9 direction still bullish short-term.
• RSI and MACD momentum fading; July monthly candle formed bearish “shooting star” near $3,431—invalidated only if price closes above that level.
Outlook
Gold may dip if USD and yields recover; but may rally if macro data deteriorate further. The $3,385–3,390 zone is pivotal.
Trading Strategy:
• Sell 3,392–3,395
TP ~40/80/200 pips
SL ~3,397
• Buy 3,345–3,348
TP ~40/80/200 pips
SL ~3,342
Gold Slightly Pulls Back – Awaiting Fed & Dollar Direction📊 Market Drivers:
Spot gold slipped ~0.1% to $3,376/oz, pressured by a firmer USD and caution ahead of Trump’s Fed chair and governor appointments
📉 Technical Analysis
• Key resistance levels:
o $3,390: previous session high – near-term ceiling
o $3,410: weekly high – stronger upside barrier
o $3,435: medium-term resistance – break above confirms strong bullish continuation
• Nearest support levels:
o $3,365: current Asian session low
o $3,345: strong support zone – EMA50 on H4 chart
o $3,305: last week's low – breakdown here may trigger deeper pullback
• EMA: Price remains above EMA09 and EMA50, suggesting a short-term bullish bias, though momentum is slowing.
• Candlestick / Volume / Momentum: Low volume in Asian session; H1 candles show indecision (doji with long wicks), signaling a tug-of-war between buyers and sellers.
📌 Outlook:
Gold may consolidate or dip slightly short-term unless it decisively breaks above $3,395 to confirm a new bullish leg.
________________________________________
💡 Suggested Trading Strategy:
SELL XAU/USD: ~3,392– 3,395
🎯 TP: 40/80/200 pips
❌ SL: ~3,398
BUY XAU/USD : ~3,366 - 3363
🎯 TP: 40/80/200 pips
❌ SL: ~3,360
Gold Breaks Support – Risk of Pullback Toward $3,310📊 Market Summary:
Gold prices initially rose on weaker-than-expected U.S. jobs data, which lowered Treasury yields and weakened the U.S. dollar. However, after breaking the key support at $3,365, gold continued to decline toward $3,354, and briefly touched $3,352, signaling rising technical selling pressure. Despite a 92% market expectation for a Fed rate cut in September, the technical breach increases the risk of a deeper correction.
📉 Technical Analysis:
• Key Resistance: Around $3,365–$3,370 – this zone now acts as short-term resistance; stronger resistance lies at $3,375–$3,380 if prices recover.
• Nearest Support:
The $3,365 level was broken.
New support is seen at $3,352–$3,350; a continued drop may bring prices to $3,335, and possibly toward $3,310–$3,300.
• EMA 09: Price is now below the 9-day EMA, suggesting a short-term bearish trend.
• Momentum / Volume / Candlestick:
RSI is near 50, slightly bearish; volume is tapering on the downside, indicating distribution.
Early signs of a head-and-shoulders (H&S) pattern are developing.
📌 Outlook:
Gold may continue declining in the short term if it stays below the $3,350–$3,352 zone.
A further drop toward the $3,335 – $3,310 region is possible.
If price rebounds and closes above $3,365, the bearish momentum could be neutralized.
💡 Suggested Trade Strategy:
🔻 SELL XAU/USD : $3,355–$3,358
🎯 TP: 40/80/200 pips
❌ SL: ~$3,361
🔺 BUY XAU/USD : $3,305–$3,302 (if price pulls back deeper)
🎯 TP: 40/80/200 pips
❌ SL: ~$3,299
Gold Extends Gains as USD Weakens📊 Market Overview:
Gold prices are extending their gains during the Asian and European sessions today, as the US dollar weakens following weaker-than-expected US jobs data. Rising unemployment and a softer Non-Farm Payroll report boosted expectations that the Fed may cut interest rates in September. The US 10-year Treasury yield also dipped slightly, supporting gold's safe-haven appeal.
📉 Technical Analysis:
• Key Resistance: $3,385 – $3,390
• Nearest Support: $3,365 – $3,370
• EMA: Price is trading above the EMA 09, indicating a short-term bullish trend
• Candles / Volume / Momentum: H1 candles show steady buying pressure with stable volume, but we should monitor potential profit-taking if price nears the $3,390–$3,400 zone.
📌 Outlook:
Gold may continue to rise in the short term if USD weakness persists and bond yields stay low. However, failure to break above $3,390 could lead to a pullback toward support levels.
💡 Suggested Trading Strategy:
🔺 BUY XAU/USD: $3,365 – $3,368
🎯 TP: 40/80/200 pips
❌ SL: $3,362
🔻 SELL XAU/USD : $3,392 – $3,395 (if reversal signal appears)
🎯 TP: 40/80/200 pips
❌ SL: $3,398
Gold Breaks Resistance – May Target $3400 Next📊 Market Overview:
• Gold continues to rally in early U.S. session as September rate cut expectations by the Fed rise due to weak jobs data.
• U.S. Dollar weakens and 10Y Treasury yield falls, supporting gold.
• Risk-off flows and long-term inflation concerns push safe-haven demand for gold.
📉 Technical Analysis:
• Key Resistance: $3,390–$3,400 (short-term breakout zone)
• Nearest Support: $3,365–$3,370
• EMA: Price is trading above EMA09 and EMA50, confirming bullish momentum
• Candles / Volume / Momentum: Consecutive bullish H1 & H4 candles above $3,375 confirm breakout. Volume increasing, suggesting strong buying pressure.
📌 Outlook:
Gold may continue rising toward $3,400 if current bullish momentum holds. However, short-term pullback or profit-taking near $3,395–$3,400 is possible after a rapid $50+ rally.
💡 Suggested Trade Setups:
🔺 BUY XAU/USD : $3,375–$3,378 (pullback buy)
🎯 TP: $3,395–$3,400
❌ SL: $3,372
🔻 SELL XAU/USD: $3,397–$3,400 (countertrend short)
🎯 TP: $3,375–$3,380
❌ SL: $3,403
Gold Continues Its Upward Momentum Despite Short-Term Pullback📊 Market Summary
• Spot gold slipped slightly by ~0.1% to around $3,354–$3,361/oz due to profit-taking after last week’s sharp rally following weaker-than-expected U.S. job data
• The U.S. added only 73,000 jobs in July, boosting expectations of a Federal Reserve rate cut in September, with a current market probability of around 81%
• Ongoing geopolitical risks, trade tensions, and robust central bank and ETF gold demand continue to support the long-term bullish outlook
________________________________________
📉 Technical Analysis
• Key resistance: ~$3,360–$3,370/oz (short-term highs, potential profit-taking zone).
• Nearest support: ~$3,330/oz (watch for buying interest on pullbacks).
• EMA09: Price is currently hovering around the short-term EMA (~EMA09), still below EMA50, indicating a mild sideways bias. According to Economies.com, gold hasn’t confirmed a stable uptrend above EMA50 yet
• Candlestick / volume / momentum:
o Today's candle shows mild profit-taking, but momentum remains bullish from the prior session. Volume shows light distribution, not strong selling.
________________________________________
📌 Outlook
• Gold may continue rising slightly in the short term if the upcoming U.S. inflation data (due August 12) remains soft, reinforcing the likelihood of a Fed rate cut
• Conversely, if the U.S. dollar strengthens unexpectedly or new data comes out more robust, gold could retreat back to the $3,330 zone.
________________________________________
💡 Suggested Trading Strategy
SELL XAU/USD : $3,370–$3,373
🎯 TP: 40/80/200 pips
❌ SL: $3,377
BUY XAU/USD : $3,330–$3,333
🎯 TP:40/80/200 pips
❌ SL: $3,327
GOLD REMAINS UNDER PRESSURE AFTER U.S. INFLATION DATA📊 Market Overview:
Gold is trading around $3294, down from $3311 earlier after U.S. Core PCE and Employment Cost Index came in as expected — reinforcing the Fed's hawkish stance. A stronger dollar and rising Treasury yields continue to weigh on gold.
📉 Technical Analysis:
• Key resistance: $3302 – $3305
• Nearest support: $3285 – $3275
• EMA09 (H1): Price is below the 9-period EMA → short-term trend remains bearish
• Candlestick / volume / momentum: After the sharp drop, price is consolidating between $3293–$3298 with low volume. Failure to break above $3302 may trigger further downside. RSI near 45 suggests room for more selling.
📌 Outlook:
Gold may continue to decline in the short term if it fails to reclaim $3302 and the dollar remains strong through the Asian and European sessions.
💡 Suggested Trade Setup:
🔻 SELL XAU/USD: $3296 – $3298
🎯 TP: $3280 / $3275
❌ SL: $3305
🔺 BUY XAU/USD: $3275 – $3278 (if reversal candle appears)
🎯 TP: $3295
❌ SL: $3270
Gold May Rise Technically after Testing the $3,300 Zone📊 Market Overview:
Spot gold is trading around $3,295–$3,301/oz, influenced by slightly lower U.S. Treasury yields and a softer dollar tone. Analyst consensus from Reuters projects gold likely to stay above $3,220/oz through 2025 and possibly hit $3,400 in 2026 amid continued safe-haven demand
📉 Technical Analysis:
• Key resistance: $3,320 / $3,345
• Closest support: $3,274 – $3,280
• EMA09: Price is currently below the 9 period EMA on H1, indicating a short-term bearish bias.
• Candlestick / volume / momentum: There was a minor bounce from the support zone around $3,274, but volume remains low. RSI isn't oversold, suggesting room for technical pullback.
📌 Outlook:
Gold may experience a technical rebound if it holds above $3,280. A breakout above $3,320 would likely require clear catalyst—such as weak U.S. data or a dovish Fed tone.
💡 Suggested Trading Strategy:
SELL XAU/USD: $3,320 – $3,323
🎯 TP: 40/80/200 pips
❌ SL: $3,326
BUY XAU/USD: $3,279 – $3,282
🎯 TP: 40/80/200 pips
❌ SL: $3376
Gold May Dip Mildly Before US Data📊 Market Overview:
Spot gold is trading around $3,329/oz, up ~0.1%, supported by falling U.S. Treasury yields and a slightly weaker dollar, while investors await potential Fed dovish signals or rate cut in September . Meanwhile, easing U.S.–EU trade tensions weighed on safe-haven demand for gold.
📉 Technical Analysis:
• Key Resistance: ~$3,335–3,350 (recent highs and potential test zone)
• Nearest Support: ~$3,310 (previous stable support)
• EMA09 position: Price is above EMA9, indicating a mild bullish bias in the short term
• Momentum/Volume: RSI ~53 (neutral), MACD & StochRSI showing small buy signals. However, bullish momentum is fading, suggesting a possible mild pullback
📌 Conclusion:
Gold may dip modestly toward $3,310 if the dollar strengthens or if Fed rate-cut expectations recede. A break above $3,335–3,350 could pave the way for further gains, though current momentum remains insufficient to confirm a breakout.
💡 Suggested Trade Strategy:
SELL XAU/USD: $3,333–3,336
🎯 Take Profit: 40/80/200 pips
❌ Stop Loss: $3339
BUY XAU/USD: $3,310–3,308
🎯 Take Profit: 40/80/200 pips
❌ Stop Loss: $3305
Gold Recovers After Sharp Drop – Trend Not Yet Reversed📊 Market Overview:
Gold rebounded from a sharp fall earlier in the session, rising from $3301 to around $3315 as the U.S. dollar weakened slightly and sellers took partial profit. However, no strong fundamental catalyst confirms a trend reversal yet.
________________________________________
📉 Technical Analysis:
• Key Resistance: $3315 – $3322
• Nearest Support: $3300 – $3295
• EMA 09 (H1): Price is currently just below EMA09, indicating a slight bearish bias
• Candlestick / Volume / Momentum:
• H1 candle shows a long lower wick at $3301 → some buying interest
• No H1 candle has closed above $3315 yet → no confirmed reversal
• Volume remains weak, RSI still under 50 → limited bullish momentum
________________________________________
📌 Outlook:
Gold may continue to consolidate between $3300 and $3315 in the short term. If it fails to close above $3315, bearish pressure could return toward $3295–$3288.
________________________________________
💡 Suggested Trade Setups:
🔻 SELL XAU/USD: $3315 – $3318
🎯 TP: 40/80/200 pips
❌ SL: $3323
🔺 BUY XAU/USD: $3295 – $3300
🎯 TP: 40/80/200 pips
❌ SL: $3285
Gold Continues Mild Uptrend – Watching for Reaction at $3351📊 Market Overview:
Gold maintained its bullish momentum during the Asian–European session, rising from $3330 to $3344. A slightly weaker USD and safe-haven demand supported prices. However, price is now approaching a key resistance zone, where technical rejection may occur in the U.S. session.
________________________________________
📉 Technical Analysis:
• Key near-term resistance: $3345 – $3351
• Stronger resistance (higher zone): $3360 – $3366 and $3374
• Nearest support: $3335 – $3332
• Stronger support (lower zone): $3322 – $3315
• EMA 09 (H1): Price is above EMA09 → confirms short-term uptrend
• Candlestick / Volume / Momentum:
• Price is consolidating in an ascending triangle
• A breakout above $3345 may target $3360+
• RSI remains below overbought; volume is stable → room for continuation
________________________________________
📌 Outlook:
If gold holds above $3335 and breaks above $3351, the uptrend could extend toward the $3366–$3374 zone. However, failure to break $3351 followed by a drop below $3332 could lead to a deeper pullback toward $3315.
💡 Recommended Trading Strategies:
BUY XAU/USD: $3318 – $3315
🎯 TP: 40/80/200 PIPS
❌ SL: $3321
SELL XAU/USD: $3360 – $3363
🎯 TP: 40/80/200 PIPS
❌ SL: $3357
Gold Bounces Back After Testing Key Support📊 Market Drivers
• Gold dropped to around $3,352, touching a key support zone, then quickly rebounded to $3,373, gaining over +20 points.
• The rebound is supported by continued weakness in the US Dollar and slight easing in Treasury yields, keeping gold attractive as a safe haven.
• Although some optimism around US-Japan trade negotiations slightly reduced risk aversion, it wasn’t enough to push gold below support.
📉 Technical Analysis
• Key Resistance:
o $3,397 – $3,400: psychological resistance and near the next bullish breakout zone.
o If breached, next target lies around $3,420–3,445.
• Nearest Support:
o $3,356 – $3,364: recently confirmed support zone that triggered the current rebound.
o Deeper support at $3,326 – $3,320 if the rebound fails.
• EMA (EMA50):
o Price remains above the 50-period EMA, indicating bullish momentum in the short term.
• Patterns & Momentum:
o Market structure shows a "rising low" pattern — a bullish signal that buyers are stepping in at higher levels.
o RSI was briefly in oversold territory and now supports a recovery bounce.
o If $3,356 holds, the upside targets remain valid toward $3,397 → $3,439.
📌 Assessment
• Gold has confirmed strong support at $3,356–3,364, with the rebound from $3,352 as proof.
• Short-term uptrend remains intact, unless the USD strengthens sharply or unexpected macro news hits.
• If gold breaks below $3,356, it may retrace toward $3,326–3,320, but the upside potential is currently favored.
💡 Suggested Trade Setups
BUY XAU/USD: $3,356–3,364
🎯 Take Profit: 40/80/200 pips
❌ Stop Loss: $3,346
SELL XAU/USD: $3,397–3,400
🎯 Take Profit: 40/80/200 pips
❌ Stop Loss: $3,407
Gold Pulls Back to Support Zone📊 Market Overview:
• Gold price fell sharply to $3,385/oz, after previously testing the $3,430 zone.
• Short-term profit-taking and anticipation of upcoming U.S. economic data (PMI, durable goods orders) caused a mild USD rebound, pressuring gold lower.
• Overall sentiment remains cautious as the Fed has yet to clearly signal a rate cut path.
📉 Technical Analysis:
• Key Resistance: $3,430 – $3,445
• Nearest Support: $3,382 – $3,368
• EMA 09: Price just broke below the 9 EMA, suggesting a potential deeper correction unless it rebounds quickly.
• Candlestick/Volume/Momentum: Bearish engulfing candle with rising volume – indicates strong selling pressure and momentum currently favoring the bears.
📌 Outlook:
Gold is undergoing a short-term correction, currently testing the strong technical support zone at $3,382 – $3,385. If this zone holds, we may see a rebound toward $3,410 – $3,420. If it fails, gold could slide further toward $3,368 – $3,350.
💡 Suggested Trade Strategies:
🔻 SELL XAU/USD at: 3,395 – 3,400
🎯 TP: 3,375
❌ SL: 3,405
Gold Likely to Rise as USD Weakens📊 Market Overview
Spot gold (XAU/USD) is trading around $3,423–$3,427/oz, down ~0.2% after news of a US–Japan trade deal boosted risk sentiment. However, a weaker USD and lower US bond yields continue to support safe-haven demand.
📉 Technical Analysis
• Resistance: $3,447 – $3,464 – $3,496
• Support: $3,399 – $3,367
• EMA9: Price is below EMA9 → short-term bearish; medium-term outlook remains bullish if price reclaims EMA20.
• Momentum indicators: RSI ~69; MACD & ADX favor buyers.
📌 Outlook
Gold may move sideways or edge higher if USD weakness persists. A rise in risk appetite (e.g. from trade deals) could pressure prices short term.
💡 Suggested Trading Strategy
🔻 SELL XAU/USD: $3,442–$3,445
🎯 TP: 40/80/200 pips | ❌ SL: $3,449
🔺 BUY XAU/USD: $3,402–$3,405
🎯 TP: 40/80/200 pips | ❌ SL: $3,399
GOLD Rejected from Reversal Zone – Retest + Bounced & Major High📌 1. Major High & Liquidity Grab
The chart starts by showing a strong impulsive move toward the upside that taps into a Major High zone (highlighted at the top). This is a classic MMC "liquidity grab" where price sweeps the previous high to trigger stop losses and collect orders before reversing. This is a common trap zone where retail traders get caught in FOMO buys.
📌 2. Reversal Area Identified
The price entered a clearly marked Reversal Area between $3,430 – $3,445. This zone acted as:
Historical supply area
Psychological resistance
Liquidity hunt zone
Upon entry, strong rejection candles formed, signaling institutional sell pressure. This reaction aligns with MMC principles where reversal is expected post-liquidity collection from major highs.
📌 3. Parabolic Curve Formation – Bullish Impulse
A beautifully formed parabolic curve (Black Mind Curve) supported the bullish rally from around $3,310 up toward the high. This shows accumulation → breakout → expansion. However, the curve has now been broken, suggesting that bullish momentum is weakening.
⚠️ This break of curve support is critical — it often leads to a corrective phase or a deeper retracement.
📌 4. Mini Reversal Zone + SR Interchange Zone
Price has now pulled back to a very important area: the Mini Reversal Zone + SR Flip Zone around $3,400. This zone previously acted as resistance and now has the potential to act as support (classic SR interchange).
According to MMC concepts:
If this zone holds → we may see a bullish bounce and potential re-test of the upper reversal area.
If this zone breaks → bears will likely push price toward the next demand level around $3,350 – $3,340.
This is the decision point — a “battlefield” zone where market direction can be decided.
📌 5. Potential Scenarios Ahead:
✅ Bullish Scenario:
Price respects the SR zone ($3,400)
Forms bullish engulfing / continuation pattern
Likely target: re-test of reversal zone ($3,430–$3,445)
Beyond that: breakout possible if volume supports it
❌ Bearish Scenario:
Price breaks below $3,395 with strong bearish candles
Could confirm the rejection from the major high and trigger a full retracement
Downside targets: $3,360 → $3,340 range
🔑 Final Thoughts:
This GOLD setup is a perfect case of MMC theory in action — liquidity grab at the top, rejection at reversal zone, curve break, and now testing critical SR flip area.
Keep an eye on:
Candlestick behavior at the SR zone
Volume confirmation
Momentum indicators (if using)
Wait for confirmation before jumping in — let the market reveal its hand at the decision zone.
Gold Maintains Strong Momentum, Eyes 3435+📊 Market Drivers:
• Gold prices surged as the USD weakened further and U.S. bond yields dropped.
• Investors are increasingly betting that the Fed may cut interest rates in 2025, boosting demand for gold.
• Ongoing trade tensions and expectations of comments from Fed officials are adding to bullish momentum.
📉 Technical Analysis:
• Key Resistance: 3435 – 3440
• Nearest Support: 3410 – 3415
• EMA09: Price is above the EMA09 → confirms short-term uptrend
• Pattern & Momentum: Clean breakout from the 3383–3390 range with strong volume, bullish momentum continues
📌 Outlook:
Gold may continue rising in the short term if it holds above 3415. A pullback could offer a chance to re-enter long positions near new support levels.
________________________________________
💡 Suggested Trade Setup:
🔺 BUY XAU/USD: 3415 – 3418 (on pullback)
🎯 TP: 40/80/200 pips
❌ SL: 3412
🔻 SELL XAU/USD: 3435 – 3438 (key resistance)
🎯 TP: 40/80/200 pips
❌ SL: 3442