USDCAD H4 | Falling towards overlap supportUSD/CAD is falling towards the buy entry which is an overlap support that is slightly below the 61.8% Fibonacci retracement and could bounce from this level to the upside.
Buy entry is at 1.3788, which is an overlap support that is slightly below the 61.8% Fibonacci retracement.
Stop loss is at 1.3753, which is a pullback support that is slightly below the 78.6% Fibonacci retracement.
Take profit is at 1.3875, which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third
M-forex
AUSSIE H4 | Bullish reversalBased on the H4 chart analysis, we can see that the price has bounced off the buy entry, identified as an overlap support, and could continue rising to the upside.
Buy entry is at 0.6481, which is an overlap support.
Stop loss is at 0.64450, which is a pullback support.
Take profit is at 0.6551, which is a swing high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third
USDJPY H4 | Bearish drop off 61.8% Fibonacci resistanceUSD/JPY is rising towards the sell entry which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to the downside.
Sell entry is at 147.86, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Stop loss is at 148.73, which is an overlap resistance.
Take profit is at 145.93, which is an overlap support that aligns with the 61.8% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third
USDCHF H4 | Bullish bounce offThe Swissie (USD/CHF) has bounced off the buy entry which is an overlap support that lines up with the 138.2% Fibonacci extension and could potentially rise from this level to the take profit.
Buy entry is at 0.7992, which acts as an overlap support that aligns with the 138.2% Fibonacci extension.
Stop loss is at 0.7943, which is a pullback support.
Take profit is at 0.8086, which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third
GBPUSD H4 | Potential bearish reversalGBP/USD is reacting off the sell entry which has been identified as a pullback resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to the downside.
Sell entry is at 1.3523, which acts as a pullback resistance that lines up with the 61.8% Fibonacci retracement.
Stop loss is at 1.3595, which is an overlap resistance.
Take profit is 1.3399, which acts as an overlap support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third
EURUSD H4 | Bearish dropEUR/USD is rising to the sell entry, which acts as a pullback resistance and could reverse from this level to the downside.
Sell entry is at 1.1717, which is a pullback resistance.
Stop loss is at 1.1786, which acts as a swing high resistance that is slightly above the 138.2% Fibonacci extension.
Take profit is at 1.1629, which has been identified as a pullback support that is slightly below the 61.8% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
BTCUSD | Support Re-Test Long Setup (112,500 → 117,500)BTCUSD (1H) Trade Setup
Entry: 112,500
Main Support: 111,500
Target: 117,500
Stop-loss options:
Conservative: 111,100 (tight stop)
Wider: 110,800 (hard stop)
🔹 Risk–Reward Analysis
Potential Reward: 5,000 points (≈ +4.4%)
Risk (tight SL @ 111,100): 1,400 points (≈ 1.24%) → R:R ≈ 3.6:1
Risk (wide SL @ 110,800): 1,700 points (≈ 1.5%) → R:R ≈ 2.9:1
🔹 Technical View
1. Main Support Zone (111,500–111,800): Price tested & held. Any re-test gives a high-probability bounce.
2. Market Structure: Higher lows forming after strong rejection from support → bullish continuation bias.
3. Volume Profile: Accumulation near support, indicating smart money positioning.
4. Confirmation: A 1H close above 113,200 strengthens bullish case toward 115,800 / 117,500.
🔹 Trade Management
First TP: 115,800 → lock partial profit.
Second TP: 117,500 (full target).
Break-even shift: Move SL to entry after 114,800 breaks cleanly.
Invalidation: A 1H close below 111,500 kills the setup → exit trade.
✅ Summary (Pro Style Signal):
BTCUSD long from 112,500, stop below 111,100–110,800, targeting 117,500. Setup offers 3.5R potential. Watch 111,500 re-test for fresh entries.
Domestic gold prices increase but international prices decreaseThirteen Wall Street analysts participated in Kitco's gold survey this week, with none calling for a decline. Of those surveyed, eight were bullish on gold for next week. The rest were neutral.
The main argument for the bullish group is the expectation of a rate cut by the Federal Reserve in September, following comments from Chairman Jerome Powell. Ole Hansen, head of commodity strategy at Saxo Bank, said that after a relatively quiet summer for the gold market, the Fed will help open the door by cutting interest rates through the end of the year.
This will weaken the US dollar, creating a positive environment for gold. In the short term, Hansen said that the precious metal could rise above $3,450 an ounce before investors can revisit April's record high above $3,500.
Resistance : 3375 , 3385
Support : 3352 , 3344
XAUUSD: Bullish Opportunity After FOMC and Economic DataHello all traders, this article will help you understand the market context and trends.
Yesterday, the FOMC meeting minutes were released, showing broad consensus on maintaining interest rates, which encourages investors to turn to gold as a safe-haven asset , increasing demand for XAUUSD. The higher-than-expected unemployment claims data (235K vs 226K forecast) indicates a weaker labor market, putting downward pressure on the USD and driving gold prices higher. However, the better-than-expected Flash PMI manufacturing index (53.3 vs 49.7 forecast) helped the USD rise slightly, but the impact was minimal.
Technical Analysis:
XAUUSD is trading in a downtrend channel, but the signals are unclear. Immediate support is at 3,312.000, an important level that has been tested and held. Currently, XAUUSD is near a small resistance zone at 3,353.000, with potential targets at TP1: 3,353.000 and TP2: 3,375.000 . Both EMA (89) and EMA (34) are sloping upward, confirming the strength of the uptrend.
Market Strategy:
Buy XAUUSD when the price pulls back to the support level at 3,312.000, with targets at 3,353.000 and 3,375.000.
Risk Management:
Monitor support at 3,312.000. If this level breaks, XAUUSD could correct to 3,270.000. Use a stop-loss below this support level.
Do you think gold can continue its upward trend, or will a correction appear?
Market revolves around FED and Trump, GOLD is limitedFederal Reserve Chairman Jerome Powell's speech at the Jackson Hole symposium on Friday was the focus of market attention this week.
Powell's unexpectedly dovish remarks reinforced market hopes for a September rate cut. As a result, the US Dollar Index fell sharply on Friday, reversing the upward trend of the first four trading days of the week. Moreover, Friday's strong gains also pushed gold prices to a nearly $36 surge for the week.
On Friday (August 22), the US Dollar fell sharply and gold prices soared due to dovish comments from Federal Reserve Chairman Powell
Federal Reserve Chairman Jerome Powell hinted at future rate cuts in his highly anticipated speech at the Jackson Hole central bank's annual symposium, saying a rate cut "may be necessary" if conditions warrant. While he did not promise a rate cut, Powell said changes in the risk landscape could require adjustments to the Fed's policy guidance.
“The stability of the unemployment rate and other labor market indicators allows us to be cautious as we consider changes to the stance of policy,” Powell said Friday. “However, changes in the baseline outlook and the balance of risks may make it appropriate to adjust the stance of policy while policy remains within its narrow range.”
The remarks attempted to strike a delicate balance, acknowledging rising risks to the job market while warning that inflation pressures remain. Powell also stressed on Friday that policymakers must guard against persistent inflation risks from President Donald Trump’s tariffs. He said the impact of tariffs on consumer prices was “now evident,” but there was reason to expect the effects would be relatively short-lived.
Following Powell’s speech, the US dollar fell sharply, gold prices jumped and the yield on the 2-year US Treasury note fell 10 basis points to 3.69%.
Powell’s comments also highlighted the importance of jobs and inflation data ahead of the Federal Reserve’s policy meeting on September 16-17.
The CME FedWatch tool shows that traders are now pricing in a 75% chance of a September rate cut.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold has recovered from $3,310, which is the first support point in the $3,310 – $3,292 area noted by readers in last week’s weekly edition. However, the temporary recovery is still limited by the 0.236% Fibonacci retracement level, which if gold breaks above this level with price action above $3,371, it will be eligible for further upside with the next target around $3,400 in the short term, more so than $3,430 – $3,450.
Overall, gold is still in a sideways technical state as depicted inside the green rectangle. In case of a sell-off below the 0.382% Fibonacci retracement level, the downside momentum could also be limited by the $3,246 level followed by the $3,228 level at the 0.50% Fibonacci retracement price point. The relative strength index hovering around 50 also shows the market's indecision, it does not give any reliable signal whether the trend is bullish or bearish in terms of momentum.
Looking ahead, gold is primed for a short-term rally, with a break above $3,371 a necessary condition for a new short-term rally, with the following key points to watch.
Support: $3,350 – $3,310 – $3,300
Resistance: $3,371 – $3,400 – $3,430
SELL XAUUSD PRICE 3405 - 3403⚡️
↠↠ Stop Loss 3409
→Take Profit 1 3397
↨
→Take Profit 2 3391
BUY XAUUSD PRICE 3329 - 3331⚡️
↠↠ Stop Loss 3325
→Take Profit 1 3327
↨
→Take Profit 2 3333
Get ready for the week's highlights, track negotiations progressOANDA:XAUUSD prices remained generally stable, in the Asian trading session on Friday (August 22), OANDA:XAUUSD fell slightly to $3,328/oz, equivalent to a decrease of $10 on the day as of the time of writing, extending the sideways accumulation.
The focus of the week, Jackson Hole
Gold continues to consolidate, with selling pressure holding back gains around $3,350/oz. Market participants await fresh messages from policymakers at the Jackson Hole Symposium.
Today (Friday), Federal Reserve Chairman Powell will speak at the Jackson Hole Global Central Bank Annual Meeting.
If Powell says we will cut rates again in October, November or December, the dollar could weaken and gold could have a chance to rise.
Exclusive Reuters report, tracking the progress of the Russia-US-Ukraine negotiations
Reuters has published an exclusive report in which three sources close to senior Kremlin leaders told Reuters that Russian President Vladimir Putin demanded that Ukraine abandon the entire Donbas region in the east, abandon its ambitions to join NATO, remain neutral and prevent Western troops from entering Ukraine.
Last Friday, Putin met with President Trump in Alaska for the first summit between the United States and Russia in four years.
According to Reuters sources, the nearly three-hour closed-door talks between the two sides were almost entirely devoted to discussing a compromise solution to the Ukraine issue.
Standing next to Trump after the meeting, Putin said the meeting was expected to pave the way for peace in Ukraine, but neither Putin nor Trump revealed the specifics of the discussions. Reuters cited the most detailed Russian account yet of Putin’s proposal for the summit, outlining the outlines of a potential peace deal the Kremlin hopes to see.
According to Russian sources, Putin has made some concessions based on territorial demands he made in June 2024. At that time, he asked Kyiv to give up four regions that Moscow claims as part of Russia: Donetsk and Luhansk (located in eastern Ukraine, collectively known as the Donbas region), as well as Kherson and Zaporizhia in the south.
Reuters also reported that Putin maintained in his new proposal a demand for a full withdrawal of Ukrainian troops from the Donbass regions it still controls. However, they added that in return, Moscow would halt its frontline offensive in Zaporizhia and Kherson.
According to US estimates and open-source data, Russia controls about 88% of the Donbas region and 73% of the Zaporizhia and Kherson regions.
Sources said Putin also maintained his previous demands that Ukraine abandon its NATO membership bid and demanded that the US-led NATO make a legally binding commitment not to expand eastward, impose restrictions on the Ukrainian military and reach an agreement ensuring that no Western troops would be deployed as peacekeepers in Ukraine.
There remains a wide gap between the two sides’ positions. The Ukrainian Foreign Ministry has yet to respond to the proposal.
Technical analysis of OANDA:XAUUSD
Gold has been moving sideways for most of the time, so the technical structure has not changed much and the positions are also kept the same as in the previous publications sent to readers.
During the day, the technical outlook of gold price accumulation sideways will be noticed by the positions listed below.
Support: 3,310 – 3,300 – 3,292 USD
Resistance: 3,350 – 3,371 USD
SELL XAUUSD PRICE 3376 - 3374⚡️
↠↠ Stop Loss 3380
→Take Profit 1 3368
↨
→Take Profit 2 3362
BUY XAUUSD PRICE 3299 - 3301⚡️
↠↠ Stop Loss 3295
→Take Profit 1 3307
↨
→Take Profit 2 3313
GOLD eases after recovering from $3,310, data highlightsOANDA:XAUUSD edged down in Asian trade on Thursday (August 21), after a strong rally in the previous session. The current price is around $3,337/ounce, down 0.32% and around $10 on the day.
OANDA:XAUUSD edged up on Wednesday. Bloomberg News analyzed that US President Trump's call for the resignation of Federal Reserve Board member Tim Cook has raised fresh concerns about the independence of the Federal Reserve, boosting safe-haven demand and causing gold prices to rise.
On the other hand, Bloomberg also reported on Wednesday (August 20) that as gold prices have soared, the illegal gold trade has become one of the largest and fastest-growing illicit economies in the Western Hemisphere, and the U.S. government is facing pressure to step up its crackdown.
According to a report released by the Financial and Corporate Transparency Alliance (FACT) on Wednesday, the boom in illegal gold mining and trading in some South American countries has become a crisis that the United States cannot ignore.
In Colombia and Peru, two major cocaine-producing countries, illegal gold is estimated to generate more revenue for organized crime than the drug trade itself.
The Washington-based financial advocacy group has called on Congress to pass legislation to address the environmental and social impacts of illegal gold mining.
The rise of the illegal gold trade is due to a tripling of gold prices over the past decade and weak law enforcement as authorities remain focused on fighting drug trafficking.
In terms of the day’s data highlights
S&P Global will release preliminary figures for the US manufacturing and services Purchasing Managers’ Index (PMI) for August today (Thursday). This important report could have a significant impact on the direction of gold prices.
Economists expect the preliminary US S&P Global Manufacturing PMI for August to be 49.5, compared to a final reading of 49.8 in July.
In addition, the preliminary reading of the US S&P Global Services PMI for August is expected to be 54.2, compared to a final reading of 55.7 in July.
The July services PMI was 55.7, and if August data shows a sharp decline, the US Dollar could be negatively affected immediately.
On the other hand, if the manufacturing PMI recovers above 50 and the services PMI approaches July levels, the US Dollar could remain strong against other currencies, making it difficult for gold to regain its upward momentum.
Technical Outlook Analysis OANDA:XAUUSD
After receiving support from the $3,310 level, which is the support that readers have been paying attention to throughout the publications during this time, gold has recovered but the upside momentum has also been limited after testing the EMA21 line. Gold is under pressure from the EMA21, temporarily falling slightly but it may retest the $3,310 level in the short term as there is no more notable support than this level at present, followed by the full price point of $3,300.
Personally, I still maintain the view that gold will continue to move sideways and wait for a strong enough fundamental impact to change the overall technical structure.
The factors that show that gold is neutral are that it has not yet achieved the conditions for a long-term trend line, the sideways state is depicted by the green rectangle. Next is the price action clinging to the 21-day moving average, followed by the RSI moving around the 50 level, showing that the market sentiment is also hesitantly neutral without leaning to any particular side.
During the day, the technical outlook of gold price accumulation sideways will be noticed by the positions listed below.
Support: 3,310 – 3,300 – 3,292 USD
Resistance: 3,350 – 3,371 USD
SELL XAUUSD PRICE 3376 - 3374⚡️
↠↠ Stop Loss 3380
→Take Profit 1 3368
↨
→Take Profit 2 3362
BUY XAUUSD PRICE 3299 - 3301⚡️
↠↠ Stop Loss 3295
→Take Profit 1 3307
↨
→Take Profit 2 3313
ETH/USD: Could $ETH Hit $7,000 by Year-End?As of August 25, 2025, Ethereum (ETH) is trading at approximately $4,795.60, showing a steady upward trajectory since early August. This bullish momentum is supported by several key factors, including institutional interest, ETF inflows, and the ongoing strength of decentralized finance (DeFi) applications.
ETH has recently surpassed the $4,750 resistance level, indicating a potential move towards the $5,000–$5,200 range. The next significant resistance is around $5,000, which, if broken, could pave the way for a retest of the all-time high near $5,200. Conversely, support levels are found at $4,700 and $4,600–$4,400. A drop below $4,600 could signal a short-term pullback.
Ethereum's recent price surge is attributed to increased institutional demand, particularly following the launch of Ethereum ETFs, which have attracted significant capital inflows. Additionally, the Ethereum network's upgrades and the growing adoption of Layer 2 solutions have enhanced scalability and reduced transaction costs, further bolstering investor confidence.
Outlook for Q4 2025
Looking ahead, if ETH maintains its current trajectory and breaks through the $5,200 resistance, it could target the $6,000–$7,000 range by the end of the year. However, market volatility remains a factor, and investors should be prepared for potential fluctuations.
*Ethereum's current bullish trend is supported by strong technical indicators and positive fundamental developments. While the path to new all-time highs appears promising, it's crucial for investors to monitor key support and resistance levels and remain cautious of market volatility.
Heading into pullback resitance?The Aussie (AUD/USD) is rising towards the pivot, which has been identified as a pullback resistance and could reverse to the 1st support, which is a swing low support.
Pivot: 0.6546
1st Support: 0.6414
1st Resistance: 0.6604
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off 50% Fibonacci support?The Loonie (USD/CAD) is falling towards the pivot, which acts as a pullback support that lines up with the 50% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 1.3732
1st Support: 1.3580
1st Resistance: 1.3914
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bullish bounce?USD/JPY is falling towards the pivot, which is a pullback support, and could bounce to the 1st resistance ,which is a pullback resistance.
Pivot: 146.32
1st Support: 143.31
1st Resistance: 151.12
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal off pullback resistance?The Fiber (EUR/USD) is rising towards the pivot, which acts as a pullback resistance and could reverse to the 1st support.
Pivot: 1.17782
1st Support: 1.1597
1st Resistance: 1.1897
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Falling towards 50% Fibonacci support?GBP/AUD is falling towards the support level, which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 2.0725
Why we like it:
There is a pullback support that aligns with the 50% Fibonacci retracement.
Stop loss: 2.0580
Why we like it:
There is an overlap support that lines up with the 78.6% Fibonacci retracement.
Take profit: 2.1009
Why we like it:
There is a multi-swing high resistance.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Rising towards Fibonacci confluence?EUR/GBP is rising towards the resistance level, which is an overlap resistance that lines up with the 161.8% Fibonacci extension, 61.8% Fibonacci projection and also slightly below the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.8681
Why we like it:
There is an overlap resistance that lines up with the 161.8% Fibonacci extension, 61.8% Fibonacci projection and slightly below the 61.8% Fibonacci retracement.
Stop loss: 0.8721
Why we like it:
There is a pullback resistance.
Take profit: 0.8642
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish reversal?AUD/CAD is falling towards the support level, which is an overlap support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.89432
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
Stop loss: 0.88932
Why we like it:
There is a multi-swing low support.
Take profit: 0.90160
Why we like it:
There is a multi-swing high resistance.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GOLD to $3,450? The Most Important Breakout of 2025
🔥 Gold has been one of the most talked-about assets in 2025, and now it’s testing the critical $3,370 resistance zone once again (price at $3,372 as of Aug 24).
📈 Bullish Case:
If gold breaks and closes above $3,370, we could see momentum push toward $3,390–$3,395 in the short term.
📉 Bearish Case:
If rejected here, support remains strong around $3,325–$3,330, aligned with the 100-day SMA.
👉 Do you think gold will finally break higher this week, or get rejected again? Drop your thoughts in the comments
Disclaimer:
This is not financial advice. Shared for educational purposes only.