XAUUSD - The bullish backdrop remains strongOverall Market Sentiment
The bullish background remains strong: the dollar index is putting pressure on gold, while geopolitical tensions and expectations of a rate cut by the Fed are increasing demand for the safe-haven asset
Direction by indicators: on Investing.com — 9 “Buy” signals against 3 “Sell” signals on moving averages and a neutral overall state
Support and resistance levels
Key support levels: $3,320 and $3,368–$3,340. A rebound from this zone could serve as a starting point for growth
Resistance: it is important to break $3,400 — a psychological and technical barrier, above which a directional move to $3,450 and beyond will open
Short-term scenario (LiteFinance): gold is testing resistance in the $3,380–$3,391 zone; a drop from there could lead to $3,330 → $3,268, and a breakout to the upside would accelerate growth to $3,493–$3,515
Union traders are noting the movement after the breakout of $3,375: possible targets are $3,390, $3,402.56 and $3,416.39. A breakout below $3,374.91 could send gold to $3,358.25, $3,350.01 and $3,341.18
1H chart analysis: Gold confidently broke through the $3,350 level, opening a bullish scenario, confirmed by macro dynamics and expectations of monetary policy easing
Xauusdbuy
XAUUSD Ascending Channel Run to Supply Trade IdeaGold (XAUUSD) remains in a bullish trend 📈, forming higher highs and higher lows within a well-defined ascending channel ↗️. Price is approaching a recent swing high near resistance 🧱, and I’m watching for a short-term pullback into channel support 🔄 before a potential continuation higher toward the supply zone above 🎯.
This structure aligns with Wyckoff’s markup phase ⚡, where pullbacks serve as tests (LPS) before further upside. As long as price holds above the channel’s lower boundary 🛡️, the bullish bias remains intact — a break below would invalidate the setup ⚠️. Not financial advice.
The trend has not changed, go long and look for new highs#XAUUSD
Gold fluctuated at a high level in the Asian session, and the market has not yet taken a clear direction. Despite the current market conditions being extremely flat, caution remains regarding the potential for wider volatility after a breakout above key levels. The current short-term resistance area above gold is 3400-3410. With the breakthrough of yesterday's high today, the short-term support level will also move up. The middle track of the Bollinger band at the hourly level below has also risen to around 3390. The focus of the European session is whether gold can effectively break through the short-term suppression. If the European session is under pressure and encounters resistance, then gold may have a correction. It can be considered to retreat to the 3390-3378 area below and stabilize before lightly long gold to see new highs. Be wary of potential black swan events on Friday.
GOLD: Bullish Shift ConfirmedBullish BOS, price is trading above 3360. Clean bullish choch formed creating a new HH. Look to buy...
(H4)
✅ New HL formed around 3280 and we now have a break above $3355 and $3360 = BOS confirmed.
🟢 Key Zone: 3322–3337
(H1)
✅ BOS above 3360 confirms bullish bias
✅ Key Zone: 3322–3337 (Use this zone to set a limit or watch for confirmation)
Retracement expected before continuation.
(M15)
👀 What to Watch:
If price opens lower and taps into 3330s, monitor for:
✅ Sweep of intraday lows
✅ M15 bullish BOS above 3348–3350
🔁 Entry on retest of new demand zone after BOS
❌ Invalidation: Break and close below 3305
Other Scenario: No Pullback — Buy Breakout Instead
If price opens strong and continues up from the 3360s, wait for:
✅ Bullish Break of Structure (BOS) Above: 3385
This is your confirmation level that buyers are still in control
GOLD Breakout Done , Long Setup Valid To Get 150 Pips !Here is My 15 Mins Gold Chart , and here is my opinion , we finally above 3384.00 and we have a 30 Mins Candle closure above it And Perfect Breakout , so we have a good confirmation now to can buy it and we can targeting 100 to 150 pips .
Reasons To Enter :
1- New Support Created .
2- Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- Clean Breakout .
The triangle pattern is about to break through and hit 3400#XAUUSD
Although the price of gold was too high last night due to the rise in risk aversion, the upward momentum weakened significantly in the evening, and it fluctuated sideways at a high level. Gold is currently consolidating within a triangle pattern, with a short-term price increase reaching the triangle's boundary. A break above 3385 could lead to significant intraday gains. Meanwhile, the downside is defending short-term support at 3365. As long as this support level remains intact, the bullish trend remains intact. If the European session gives an opportunity to fall back to the 3375-3365 support area without breaking, you can consider going long and look at 3395-3405, and if it breaks, look at 3415.
Gold (XAUUSD) – 4H Price is currently consolidating near the 3373 level, showing strength above the dynamic support zone and mid-range trend bands. A bullish breakout continuation appears likely, especially if the asset holds the 3360 support zone, which aligns closely with the 38.2% Fibonacci retracement from the recent impulsive move.
Ideal Entry:
Zone: 3360–3365, aligning with a pullback to the Fibonacci 38.2% retracement level and mid-band support.
Invalidation: A clean break and close below 3335 may suggest a deeper retracement or reversal.
🎯 Fibonacci based Targets:
Target 1: 3389 – Immediate resistance and equilibrium level; ideal for partial profit booking.
Target 2: 3422 (38.2% Fib extension) – A stronger extension target in line with the recent highs.
Target 3: 3443 (61.8% Fib extension) – Key swing extension; potential exhaustion or reversal zone.
Stop Loss: Below 3335
As long as price maintains above 3360, the bullish momentum remains valid. Look for bullish candlestick confirmation at entry and increasing volume for confirmation of a move toward the Fibonacci targets.
8/7: Continue to Focus on SellingGood afternoon, everyone!
During today’s session, gold successfully moved into the anticipated resistance zone of 3386–3398, and encountered significant selling pressure near 3398, resulting in a retracement to around 3372. While the price action aligned with prior expectations, the delayed timing has led to a bearish shift in the technical structure, which may hinder further upside momentum for the bulls.
That said, important economic data will be released during the US session later today. We’ll need to observe whether bulls can leverage the potential catalyst to break through the current resistance levels.
⚠️ Trading Strategy Recommendation:
Regardless of the data outcome, it is advisable to maintain a bearish bias in subsequent trades.
From a technical standpoint, the higher the price climbs, the greater the probability of a pullback, making short positions relatively less risky.
📌 Reference Range:
Continue to monitor and trade within the key zones outlined yesterday, adjusting entries and exits as per intraday developments.
XAUUSD - 3400Technical picture
Bullish momentum is strengthening: US jobs shortage has caused an influx into safe havens, which has contributed to gold's growth
A reversal signal is forming: a bounce from the lower line of Bollinger Bands is observed, and a bullish cross of EMA-8 and EMA-21 is also forming, plus a moderately positive MACD - a classic "buy on dip" entry pattern
Key levels:
Support: around $3,330 - a support zone coinciding with the 21- and 50-day SMAs. Below — potential for decline to $3,297-$3,283
Resistance: $3,380 — resistance, breakout of which could open the way to $3,440-$3,450
Structural pattern: breakout from triangle to the downside could signal a deeper correction
Industry consensus: Citi has revised its target range up to $3,300-$3,600 in the next three months, based on a weak US economy and rising geo-risk
Meanwhile, HSBC warns of possible weakness — forecast for 2025-2026 from $3,215 to $2,350 in a more bearish scenario
The bullish trend remains unchanged, seize the opportunityAfter today's opening, gold continued the bullish trend of yesterday. Judging from the daily line, gold has continued to rise, and it may only be a matter of time before it reaches a higher level. Judging from the 4H chart, the technical indicators are dead cross and shrinking, and the flexible indicators are repairing upward. The short-term middle track support is around 3372, and the upper side pays attention to the short-term pressure of 3395-3405. If the European session fails to effectively break through the short-term resistance, it will give the opportunity to test the 3380-3370 support again. If it is not broken, you can consider continuing to go long.
OANDA:XAUUSD
Gold Technical Analysis - Testing Key ResistanceGold has been showing a short-term bullish momentum after bouncing from the 3285 support zone, forming an ascending channel visible on the chart. The price is currently trading near 3361, close to the upper boundary of the channel and a key horizontal resistance level at 3365–3370. If the bullish momentum continues and price breaks above 3365–3370, we could see further upside toward 3396 and potentially 3400+. However, a failure to hold above this level could trigger a short-term retracement toward 3335–3325 support.
📈 Potential Scenarios:
- Bullish: If price sustains above $3,365, we could see an upside push toward $3,396 and possibly higher to $3,410 resistance.
- Bearish: A rejection near the channel top or $3,365 may lead to a pullback toward $3,325 (Fib 0.5) and then $3,285 support.
🔑 Key levels to watch:
- Upside: $3,365 → $3,396 → $3,410
- Downside: $3,335 → $3,325 → $3,285
- Trend Bias: Short-term bullish as long as price stays above 3325
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
Gold Technical Analysis - Bullish Momentum or Pullback Ahead?Gold (XAU/USD) is trading around $3,371, showing a bullish bias within an ascending channel. Price is consolidating below key resistance at $3,384, and a breakout above this level could lead to a rally toward $3,400–$3,429. On the downside, support lies at $3,340 and $3,312; a break below these could trigger a deeper pullback toward $3,268. The trend remains bullish above $3,340, with buy interest expected on dips, while a confirmed breakdown below $3,268 would shift momentum in favor of bears.
🔑 Key Levels to Watch:
- Resistance: $3,384 → $3,396 → $3,429
- Support: $3,360 → $3,340 → $3,320
📈 Potential Scenarios:
- Bullish: If gold holds above $3,340 and breaks above $3,384, it may rally toward $3,400–$3,429, with potential to reach $3,450+. This keeps the uptrend intact.
- Bearish: If rejected from $3,384, gold could dip to $3,340–$3,312 for a healthy correction before possibly bouncing again. Trend remains bullish unless lower supports break.
📊 Trend Outlook:
- Short-Term Trend: Bullish while inside or above the rising channel
- Medium-Term Trend: Neutral to Bullish; watch for breakout confirmation above $3,384
- Momentum: Consolidating, with potential for a breakout after current sideways structure
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
GOLD Ready To Go Up From Current Price , 150 Pips WaitingHere is My 15 Mins Gold Chart , and here is my opinion , we finally above 3365.00 and we have a 30 Mins Candle closure above it And Perfect Breakout , so we have a good confirmation now to can buy it and we can targeting 100 to 150 pips .
Reasons To Enter :
1- New Support Created .
2- Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- Clean Breakout .
5- Reversal Pattern .
Correction first and then rise during the day, TP3400Yesterday, gold hit the bottom near 3350 and then quickly rose to break the high. It fell back slightly in the evening and closed with volatility. The daily line closed with a long lower shadow bullish line. The short-term correction process has been completed, and there is still momentum for an upward impact. The overall structure is still a bullish trend. Focus on 3365-3355 below. As long as the bullish thinking above this level remains unchanged, any decline will provide an opportunity to enter the market. The target can be around yesterday's high of 3390. Once it breaks through 3390, the gold price is expected to reach 3405-3415.
OANDA:XAUUSD
Gold: Yesterday’s Surge & Today’s Session StrategyDuring yesterday’s U.S. trading session, gold surged to around 3390 🚀, driven by a series of tariff-related remarks from Trump, Fed personnel changes, and market expectations that the probability of a September rate cut has risen to 91% ⚡️. We successfully took profit near 3355 yesterday, locking in close to maximum gains 💰.
Today’s trading strategy:
Go short at highs during the Asian session 📉
Go long at lows during the European session 📈
Go short at highs again during the U.S. session 📉
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@ 3390 - 3380
🚀 TP 3375 - 3366 - 3356
Daily updates bring you precise trading signals 📊 When you hit a snag in trading, these signals stand as your trustworthy compass 🧭 Don’t hesitate to take a look—sincerely hoping they’ll be a huge help to you 🌟 👇
8/6: Watch for a Potential Double Top FormationGood morning, everyone!
Yesterday, gold experienced its first significant supply pressure around the 3386 level, but with support near 3350—helped by positive data—prices rebounded and climbed back toward 3390, resulting in solid overall gains.
From the 1-day chart (1D) perspective, the technical structure remains bullish, with MA20 providing firm support. Although short-term moving averages are currently converging, the overall bias remains towards a bullish divergence, suggesting further upside potential. There's a possibility for price to test the 3400–3420 zone in today’s session.
That said, the 3386–3398 region may still pose minor selling pressure, although it is not expected to be particularly strong. Key intraday support is seen in the 3378/3372–3362 range. If the market encounters another wave of heavy selling that damages the daily bullish setup, then the 3343–3348 area will become a critical battleground between bulls and bears.
📌 Trading Strategy for Today:
Maintain a sell-on-strength approach, especially if prices approach the 3418–3438 resistance area, where short opportunities become more attractive;
If a pullback occurs, monitor the aforementioned support zones for potential buy-on-dip opportunities, contingent on stability.
⚠️ Market Risk Reminder:
There will be key economic speeches during the US session, which could trigger heightened volatility. Ensure proper risk management and stop-loss settings are in place.
XAUUSD The beginning of large-scale growthCurrent picture and structure
The instrument is trading in a narrow range of $3,360-3,375, demonstrating low volatility - ADX is at the low of 2025, which confirms consolidation
The price is held inside a long-term ascending channel, with an increase of about 27% since the beginning of 2024
Indicators and signals
RSI (14): around 58-59, indicates moderate overbought, but remains in the bullish momentum zone
Stochastic (%K ~61%) and MACD (value ~3.8): Buy signals - short-term upward momentum is confirmed
ADX (14): around 23-24 - range, weak trend without a clear direction
Moving averages on different timeframes give a common signal indicator "Strong Buy" in daily and weekly frames
Support and resistance levels
Key support:
$3,360 — current lower stop range
$3,330–3,293 — swing low zone, critical for short-term sales
Main resistance:
$3,400–3,415 — profit acceptance zone and possible reversal pressure
$3,450 — psychological and technical barrier upon breakout of current zone
Wait for a pullback and then test the previous high#XAUUSD
The gold market closed positively on the daily chart, with strong support near 3345-3340 below. The market trend is still dominated by bulls,🐂 but the daily moving average support is too far from the high point. It is not ruled out that it may retreat to the moving average support near 3345-3340,📊 and then rise again.🚀
From the monthly chart, 🌙although the monthly chart closed positive, the market is generally converging at a high level. Upper resistance remains, and a breakout is unlikely without breaking through this resistance level (no further discussion will be given).📉
Judging from the weekly chart, the Bollinger Bands have shrunk, and the MACD indicator has formed a death cross with large volume, indicating weak fluctuations at the weekly level.😩
Judging from the daily chart, 📊the current technical indicators are tending to the zero axis, and the rapid upward correction of the smart indicator indicates that the price fluctuation tends to rebound. The current focus is on yesterday's high around 3385. It is expected to break through 3430. The lower support Bollinger band middle track and moving average tend to stick together around 3346-3340.🌈
Judging from the hourly chart and 4H chart, 📊the overall rhythm tends to fluctuate and fall. The short-term pressure from above is around 3375-3385, and a break above will definitely lead to an increase.📈
On the whole, pay attention to yesterday's NY starting point near 3365-3360, and the strong support below is 3346-3340. The hourly and 4H charts tend to fluctuate and fall, so for short-term trading we need to short on rallies. 📉
Intraday trading suggestions are as follows:
1. Consider going long currently around 3365-3360📈, targeting 3374-3380🎯. If it breaks through, look for 3400.
2. Go long if it retraces below 3355-3340, targeting 3375-3385. Wait for further adjustments.🐂
3. If the price first reaches the resistance level of 3375-3385 and holds, consider going short with a small position and anticipate a pullback towards 3365-3355.🐻
GOLD Breakout Done , Long Setup Valid To Get 150 Pips !Here is My 15 Mins Gold Chart , and here is my opinion , we finally above 3350.00 and we have a 30 Mins Candle closure above it And Perfect Breakout , so i`m waiting the price to go back and retest this res and new support and give me a good bullish price action to can enter a buy trade and we can targeting 100 to 150 pips .
Reasons To Enter :
1- New Support Created .
2- Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- Clean Breakout .
8/5: Watch for Short Opportunities Near 3400Good morning, everyone!
On Wednesday, gold held above the key support area at 3343–3337, and subsequently broke through the 3372–3378 resistance zone, leading to a strong bullish move and solid long-side gains.
Today, attention should shift to the major resistance around 3400. If bullish momentum continues, price may approach the secondary resistance near 3420. However, from a technical perspective, signs of bearish divergence have begun to emerge. Should price continue rising while momentum weakens, the risk of a short-term correction increases accordingly.
Key levels to monitor:
Primary resistance zone: 3404–3416
Intermediate supply area: around 3398
Crucial support zone: 3372–3363 (a hold here could support further upside)
⚠️ Cautionary Note:
The US PMI data release during the New York session could introduce volatility. Be sure to maintain strict risk management and stop-loss discipline during periods of increased uncertainty.
🔁 Trading Bias for Today:
Prefer selling into strength near resistance, while cautiously considering buying on dips near support.
The 3343–3337 area continues to serve as the primary support zone, and price action around this level will be critical in determining the next directional move
XAUUSD Intraday Signal Analysis – Gold Price Momentum & RSI SetuIn today’s 1-hour chart of XAUUSD (Gold vs USD), we observe a strong upward momentum supported by technical indicators, suggesting a well-defined bullish trend in the short term. Traders looking to capture short-term profits may find this chart setup especially favorable. Here's a breakdown of the price action and what it could mean for intraday traders.
Price Action Overview
The price of gold has surged past the $3,320 mark, showing a clear bullish breakout with a series of higher highs and higher lows. Currently, the market is trading near the $3,378 level, consolidating slightly after a strong upward movement.
The SMA 9 (Simple Moving Average) is providing dynamic support, curving upward and closely hugging the candlesticks. This is typically a sign that buyers are actively pushing the price higher and dips are being bought up quickly.
Additionally, the spread between the Buy ($3,378.78) and Sell ($3,378.51) prices is extremely narrow, suggesting tight liquidity and fast execution potential — ideal conditions for scalpers and short-term traders.
RSI Analysis
The RSI (Relative Strength Index) 14 is hovering around the 68–70 level, which traditionally indicates the asset is approaching overbought territory. However, it hasn’t crossed into the 70+ danger zone yet, which implies there could still be room for further upside.
One key observation is the RSI divergence forming on the right-hand side. While price has been climbing steadily, RSI has started to curve down slightly — this could hint at a minor pullback or consolidation phase before the next big move. Smart traders may consider watching for bullish RSI bounces or hidden divergences before re-entering long trades.
Trade Idea
Trend: Bullish
Support: $3,360 / $3,340
Resistance: $3,400 / $3,420
Signal: Wait for a minor pullback toward the SMA, and look for bullish candlestick confirmation near $3,360 before entering long.
Conclusion
This XAUUSD 1H chart presents a strong case for continued bullish momentum with cautious optimism due to RSI nearing overbought levels. A pullback could offer fresh entry opportunities before a push toward the next resistance zone. Intraday traders and swing traders alike can benefit from closely monitoring price action around the SMA 9 line.