GOLD Breakout Done , Long Setup Valid To Get 200 Pips !Here is My 30 Mins Gold Chart , and here is my opinion , we finally above 3377.00 and we have a 30 Mins Candle closure above this strong res , 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 200 pips , and if we have a 4H Closure Above This res this will increase the reasons for buyers , just wait the price to back a little to retest it and then we can buy it . if we have a daily closure below it this idea will not be valid anymore .
Xauusdidea
Elliott Wave Analysis – XAUUSD July 17, 2025
🔍 Momentum Analysis
D1 timeframe: Momentum is still trending downward, but we’re starting to see signs of convergence between the indicator lines. Normally, we would expect another two daily candles to reach the oversold zone and trigger a potential reversal. However, with the current narrowing pattern, we cannot rule out the possibility of an earlier reversal. Today’s daily close will be crucial for confirmation.
H4 timeframe: Momentum is clearly declining, suggesting that the market may either continue downwards or consolidate sideways throughout the day.
🌀 Elliott Wave Structure
On the H4 chart, price action is compressing tightly at the end of a symmetrical triangle pattern – a classic setup in Elliott Wave theory. Notably, this final point of compression coincides with the POC (Point of Control), indicating a key price level where high volume has accumulated.
Wave W (in black) follows a 3-wave structure. Yesterday, price surged to the beginning of wave W and then sharply reversed, forming the basis for two potential scenarios:
Scenario 1 – WXY structure with current price completing wave Y within wave e (green):
+ Target 1: 3327
+ Target 2: 3303
Scenario 2 – Wave e (green) evolves into a triangle:
+ In this case, price may consolidate sideways above the 3327 zone.
🔗 Combining Wave and Momentum Analysis
Both D1 and H4 momentum indicators are still pointing downward. However, the price candles appear overlapping and lack clear directional strength – a common trait of compression near the triangle’s apex. With price sitting right on the POC, there’s a high chance of continued tightening before a breakout. At this stage, the recommended strategy is to wait for a strong bullish candle at one of the target zones before entering a BUY position.
📈 Trade Setup
✅ Scenario 1 – BUY at 3327 – 3326
+ Stop Loss: 3317
+ Take Profit 1: 3342
+ Take Profit 2: 3358
+ Take Profit 3: 3402
✅ Scenario 2 – BUY at 3305 – 3302
+ Stop Loss: 3295
+ Take Profit 1: 3327
+ Take Profit 2: 3358
+ Take Profit 3: 3402
Gold Spot / U.S. Dollar (XAU/USD) 4-Hour Chart - OANDA4-hour chart displays the price movement of Gold Spot (XAU) against the U.S. Dollar (USD) from late July to early August 2025. The current price is 3,390.266, with a recent decrease of 10.870 (-0.32%). Key levels include a sell price of 3,336.420 and a buy price of 3,337.020, with a resistance zone highlighted between 3,340.720 and 3,380.000, and a support zone around 3,314.186. The chart includes candlestick patterns and trading indicators.
Gold Outlook – The Range Holds, Direction Still Pending📆 What happened recently?
Since the middle of last week, I’ve been repeating the same core idea like a broken record:
👉 “Gold needs to break out of the range to define its next real move.”
And once again, on Friday, TRADENATION:XAUUSD respected the structure, fluctuating quietly and closing the week right in the middle of the range — no breakout, no confirmation.
📈 Current status:
The new week opened with some bullish interest, and at the time of writing, Gold trades around 3363. Still inside the box.
So far, no technical change, and certainly no resolution.
❓ What am I watching for?
A clear break above 3375 → confirms bullish continuation
A decisive break below 3320 → confirms reversal potential
Until then, everything in between is noise and chop.
🧭 Trading plan:
My stance remains unchanged:
⏳ No position. No bias. Just waiting.
Once we get confirmation in either direction, I’ll take action.
📌 Conclusion:
Gold is still locked inside the range. The market is coiling, but no side is winning yet.
Patience here is a weapon — and I’m keeping it loaded. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAU/USD Intraday Plan | Support & Resistance to WatchGold has extended its recovery and is now trading around 3,366, pushing into the next resistance cluster.
Price is holding firmly above both the 50MA and 200MA, which are now flattening and beginning to turn upward, acting as dynamic support.
A confirmed break and hold above 3,362 would open the path toward the next upside targets at 3,383 and 3,400, with 3,416 and 3,440 as higher‑timeframe resistance levels if momentum continues.
If price rejects the 3,362 resistance zone and fades lower, watch the Pullback Support Zone (3,336–3,317) closely. A break back below that area would shift focus to the broader Support Zone (3,289-3,267).
Failure to hold there could expose price to the deeper HTF Support Zone.
📌 Key Levels to Watch
Resistance:
3,362 ‣ 3,383 ‣ 3,400 ‣ 3,416
Support:
3,336 ‣ 3,317 ‣ 3,302 ‣ 3,289 ‣ 3,267
🔎 Fundamental Focus – Week of July 21–25
📌 Tuesday, Jul 22
Fed Chair Powell Speaks
📌 Thursday, Jul 24
Unemployment Claims
Flash Manufacturing PMI & Flash Services PMI
Gold (XAU/USD) Technical Outlook — 21 July 20251. Market Overview & Live Price Confirmation
Gold is currently trading around $3,354, with a daily range of approximately $3,345–$3,359. This places it firmly within its broader uptrend, showing resilience amid recent macro uncertainties and consolidating its position above key support zones.
2. Four-Hour Technical Breakdown
Trend & Structure
The 4-hour chart reveals a strong bullish structure, marked by consistent higher highs and lows. A recent Break of Structure occurred near $3,324, reinforcing the upward bias. A minor Change of Character around $3,360–$3,358 reflects a healthy retracement, but the bigger picture remains strong.
Key SMC & ICT Zones
Supply Zone: $3,360–$3,362 — recent peak area likely to attract sellers and sweep above liquidity.
Demand Zone: $3,340–$3,344 — aligns perfectly with the 38.2% Fib from the $3,308–$3,362 swing, forming a prime area to buy from.
Order Block / FVG Zone: $3,336–$3,342 — open imbalance suggesting price may revisit for efficient entry.
Liquidity Context: Order flow patterns indicate stop hunts around established zones — part of classic Smart Money Concepts.
Fibonacci Levels
38.2% retrace at $3,340, offering medium-term confluence support.
Upside projections via Fibonacci:
1.272 extension: $3,378
1.618 extension: $3,389
3. One-Hour Intraday Trading Setups
Aligned with the 4-hour bullish bias, these setups offer scalable, structured entry opportunities.
Strategy Entry Zone Stop-Loss Take-Profit Risk:Reward
Aggressive Long $3,344 $3,338 $3,358 → $3,362 ~2:1
Conservative Long $3,340 $3,330 $3,362 → $3,378 ~2.5:1
Short Opportunity Rejection @ $3,362 $3,368 $3,344 ~2:1
🌟 The Golden Setup
Buy within $3,340–$3,344 (4H demand + Fib zone + FVG)
Stop-Loss: $3,330
Take-Profit 1: $3,362 (range high)
Take-Profit 2: $3,378 (Fib 1.272)
Why It Works: A confluence of structural support, liquidity zones, and retracement levels gives this setup high predictive quality.
4. Analyst Consensus Snapshot
Market commentary from professional analysts shows alignment with dip-buy strategies. Most recognize the $3,340 region as key support and express caution entering $3,360–$3,375 resistance. Weekly forecasts describe tight trading with potential for breakouts or retracements depending on economic data and Fed commentary, but the medium-term trend remains bullish.
5. Summary & Trading Blueprint
Price Range: $3,345–$3,359 (daily); $3,338–$3,378 (targets)
4-Hour Bias: Bullish, with defined demand and supply zones
Golden Trade: Buy $3,340–3,344 → SL $3,330 → TP1 $3,362 / TP2 $3,378
Catalysts to Watch: Federal Reserve speech, tariff developments, USD movements.
6. Final Thoughts
Gold continues to demonstrate bullish resilience, supported by both technical structure and macro tailwinds. The $3,340–3,344 zone offers a clear, high-probability entry confluence, while stop placement and profit targets are well-defined. Profit management around $3,360 ensures disciplined scaling or early exits if risk factors emerge.
By blending price action, Smart Money frameworks, ICT concepts, and Fibonacci confluence—all structured into actionable trade setups—you have a professional-grade playbook ready for deployment.
Elliott Wave Analysis – XAUUSD | July 21, 2025
🔍 Momentum Analysis
- D1 Timeframe: Momentum is currently rising → the dominant trend over the next 3 days is likely to remain bullish.
- H4 Timeframe: Momentum is approaching the oversold area → just one more bearish H4 candle could complete the entry into oversold territory.
- H1 Timeframe: Momentum is about to reverse downward → suggesting a short-term corrective pullback in the current session.
🌀 Elliott Wave Structure Update
On the H4 chart, price continues to consolidate within a corrective triangle structure. According to our previous plan, price approached the 3358 zone, and we expect:
- Wave 1 (black) may have completed at the 3358 high.
- Currently, Wave 2 (black) is likely unfolding:
+ Wave A appears to have completed.
+ The current upward leg is part of Wave B.
+ A final drop in Wave C is expected, with two key target zones:
- Target 1: 3342
- Target 2: 3332
🔎 Combining Momentum & Wave Structure
- If price breaks above 3358, we want to see a sharp, impulsive, and steep rally to confirm the beginning of Wave 3.
- If price movement remains choppy or overlapping, the market is likely still in a corrective phase.
- Key resistance zone to monitor: 3390–3402 – a clean breakout above this range would significantly strengthen the Wave 3 scenario.
📌 Trade Plan
1️⃣ BUY Setup #1
Entry Zone: 3343 – 3341
Stop Loss: 3337
Take Profit 1: 3358
Take Profit 2: 3390
2️⃣ BUY Setup #2
Entry Zone: 3333 – 3331
Stop Loss: 3323
Take Profit 1: 3358
Take Profit 2: 3390
📎 Note: Prioritize entries that come with clear confirmation signals from price action and momentum. Avoid buying during choppy or indecisive market conditions.
7/18: Watch 3343 Resistance, Guard Against Break Below 3323Good morning, everyone!
Yesterday, gold broke below the 3337 support after consolidating there, driven lower by bearish data, and eventually reached the 3323–3312 support zone. A rebound followed, and price has now returned above 3323, which also aligns with the daily MA60.
📌 Key Levels to Watch Today:
Resistance: 3343 / 3352–3358
→ A sustained break above 3343 opens the door for a potential move toward 3366 / 3372–3378;
Support: 3323 / 3312
→ If price remains capped below resistance and weekly close is under 3323, it will signal bearish structural pressure for the medium term.
📌 Trading Strategy:
Trade flexibly within the range of 3358–3343–3332–3323–3312
📌 Important Reminder:
If today’s closing price is below 3323, and you're planning to hold positions over the weekend, it’s safer to lean short. While we can’t predict weekend news, technically, bears have the upper hand, so risk control is essential.
Monday market forecast, pay attention to the 3339 retracement📰 News information:
1. The Trump administration puts pressure on the Federal Reserve to cut interest rates
2. The continued impact of tariffs and the responses of various countries
📈 Technical Analysis:
This week's basic judgment and forecast on the gold market trend were consistent, but on Friday, the overall gold fluctuations were not large. The overall trend of the daily line fluctuated around 3345, and the 3345 line also became a short-term long-short watershed. Although prices are likely to rise more easily than fall in the short term, it should be noted that the three-month adjustment cycle is coming to an end while the fundamentals of the bull market have not changed. It is recommended that you focus on preventing risks from short position operations next week. At the same time, the overall strong shock pattern, the anti-pulling momentum has not reached the top suppression position, and the area around 3339 below is the previous intensive trading area, which constitutes a certain support in the short term. If the market fails to effectively break below next week, it will greatly boost the bullish momentum, and it is not ruled out that there will be a possibility of refreshing the high point near 3380 next week.
On the whole, the short-term focus next week is the 3345-3335 area below. If it falls back to this point, you can consider arranging long orders. The short-term target is 3355-3365, and the strong trend is expected to continue to touch 3375-3385.
🎯 Trading Points:
BUY 3345-3335
TP 3355-3365-3375-3385
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, confronting your mistakes, and strictly disciplining yourself. I hope my analysis can help you🌐.
TVC:GOLD PEPPERSTONE:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD FXOPEN:XAUUSD
XAUUSD Outlook: Bullish Bias Hi Traders
I am a profitable full time trader with 7 Years experience and I would like to share my journey including profits analysis and signal indicators.
Attached is the XAUUSD chart showing current areas of interest above and below current price which can used to trade profitably.
I still have a bullish bias, but will wait patiently for a retracement into one of the support levels. I will assess price action at lower levels before looking for buy trades.
Key support levels
3,335–3,338
3,320–3,324
Key resistance levels
3,352–3,355
3,367–3,371
Price respected last week’s high (3,377) and is pulling back. The moving averages are also proving a confluence to support our bullish outlook.
Also, please take into account news releases throughout the week before placing any trades to avoid market volatility.
We will share updates throughout the week.
Please let me know your bias for gold this week in the comments.
If you found this helpful, please drop a like to support my work.
Thanks,
PrestigeGoldFX
Gold- Still needs to resolve the range🔸 Still Rangebound, But Not for Long
In yesterday’s analysis, I mentioned that two scenarios are in play for Gold:
1. Bullish above 3375
2. Bearish under 3320
Throughout the session, price action leaned toward the bearish side, and I aligned with that by opening a short position. It ended with a minor loss — just 50 pips, which is negligible considering I'm looking for a potential 1,000 pip move in the bigger picture.
________________________________________
🔍 What's Next?
As the title says, Gold still needs to resolve the current range before a clear directional move unfolds.
The same key levels discussed yesterday remain valid and relevant.
And since it’s Friday, today’s daily and weekly candle close will be critical in shaping expectations for next week.
________________________________________
📈 Bullish Case: Close Above 3360
• A daily/weekly close around 3360 would bring strong pressure on the 3375 resistance.
• That could lead to a bullish breakout from the ascending triangle pattern.
• It would also leave behind a bullish weekly pin bar (last week was a bullish pin bar too).
• This scenario would bring 3450 into focus — with 3500 and even a new ATH on the table in the coming weeks.
________________________________________
📉 Bearish Case: Close Near 3300
• A close near 3300 would signal a failed rally attempt
• That would expose 3250 support short term, and 3150 medium term.
________________________________________
🧭 Final Thoughts
At the moment, I’m flat and waiting for clearer confirmation later in the day.
The next move big will be defined by the weekly close — it’s as simple as that.
P.S.: It’s just a hunch , but I’m still leaning toward a break under 3300 as the next major move.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
GOLD Intraday H1 Chart Update For 18 July 25Hello Trader, Today we have closing day
For now market is still in Bearish Channel range and try to sustains below 3350 Psychological Level
Further only market clear breakout of 3385 level then we will be on Bullish side other we are remains bearish for now
All eyes on Todays Closing
Disclaimer: Forex is Risky
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Short Term Outlook Gold has held above the Pullback Support Zone (3,335–3,305) after yesterday’s volatility, with buyers stepping in to defend the zone.
Price is now trading around 3,338, caught between the 50MA and the 200MA.
Despite the recent dip, the structure remains supportive as long as price holds above 3,335.
A clean break and hold above 3,354 would confirm renewed bullish momentum, opening the path toward 3,383 and 3,400, with 3,416 as a higher‑timeframe target.
If price fails to clear 3,354 and turns lower again, watch for signs of exhaustion back into the Pullback Support Zone (3,335–3,305).
A decisive break below 3,305 would shift focus to the Support Zone (3,289–3,267), with further downside exposing the HTF Support Zone (3,241–3,208).
📌 Key Levels to Watch
Resistance:
‣ 3,354 ‣ 3,383 ‣ 3,400 ‣ 3,416
Support:
‣ 3,335 ‣ 3,305 ‣ 3,289 ‣ 3,267 ‣ 3,241
🔎Fundamental Focus
📌 4:00pm: UoM Sentiment & Inflation Expectations – can spark sharp USD/gold moves.
➡️ Expect volatility around releases.
Elliott Wave Analysis – XAUUSD July 18, 2025📈 Elliott Wave Analysis – XAUUSD July 18, 2025
🔍 Momentum Analysis
D1 Timeframe: Momentum is showing signs of a bullish reversal. While we need to wait for today's D1 candle to close for confirmation, it's likely that yesterday’s upward move marks Wave 1, signaling the beginning of a new bullish trend.
H4 Timeframe: Momentum is preparing for a bearish reversal → suggesting a potential corrective pullback, likely forming Wave 2.
H1 Timeframe: Momentum is about to reverse upward → supporting the expectation of a short-term bullish move during the current session.
🌀 Elliott Wave Structure Update
On the H4 chart, the abcde triangle correction structure remains largely unchanged.
However, a strong H4 bullish candle appeared yesterday, indicating unusual market behavior that deserves attention.
There are two main scenarios:
- Wave 1 (black) has already completed, and the market is now entering Wave 2 correction.
- Alternatively, the current movement could be Wave 4 within Wave 1 (black).
🔎 Combining Momentum & Wave Structure
- With D1 momentum signaling a potential uptrend lasting the next 4–5 days, it suggests that Wave e (blue) may have completed.
- This opens the door for an impulsive 5-wave advance. Specifically:
+ If H1 continues its bullish reversal, the current move could be Wave 5 of Wave 1 (black), targeting the 3358 level.
+ Afterwards, a retracement toward the 3330–3323 zone would form Wave 2 (black).
+ Alternatively, price might drop directly to 3330–3323, implying Wave 1 has already finished and the current move is Wave 2.
🎯 => Both scenarios converge at the 3330–3323 price zone, making it a high-probability BUY ZONE.
🧭 Trade Plan
BUY ZONE: 3330 – 3327
Stop Loss: 3320
Take Profits:
TP1: 3342
TP2: 3358
TP3: 3402
📌 Note: Since this is a relatively wide entry zone, it's best to wait for price action confirmation at this level before entering.
Gold (XAU/USD) Premium Technical Outlook - 18 July 2024As gold continues to trade near record highs, the market’s current price action around $3,336–3,340 demands a sharp, disciplined technical view. This premium analysis combines price action, Fibonacci techniques, institutional concepts (ICT and Smart Money Concepts), and advanced supply–demand dynamics to identify actionable trade opportunities.
We anchor on the 4-hour timeframe for directional bias and zoom into the 1-hour chart for precision intraday setups.
📊 4‑Hour Timeframe: Structure and Directional Bias
Gold remains in a clear bullish structure on the 4-hour chart, as evidenced by sustained higher highs and higher lows. The most recent bullish Break of Structure (BOS) occurred above the $3,320–3,325 level, confirming buyers’ control for now.
Currently, price hovers near equilibrium at the 61.8% Fibonacci retracement, testing prior resistance as potential support. This zone aligns with a small fair value gap (FVG), reinforcing it as an area of interest for smart money participants.
Key 4H Levels to Watch
Level Significance
$3,360–3,365 Major supply zone & bearish OB
$3,350–3,355 Minor resistance
$3,337–3,340 61.8% Fib / equilibrium
$3,330–3,333 BOS retest & key support
$3,300–3,310 Strong demand zone & bullish OB
$3,285–3,295 Secondary demand zone below BOS
The directional bias on 4H remains neutral-to-bullish, contingent on price holding above $3,300. A clean break and close above $3,360 could open a path to $3,400–3,420, while a sustained drop below $3,300 would mark a change of character (CHOCH) and shift bias to bearish.
🪙 Institutional Concepts in Play
Order Blocks (OB): Strong bullish OB sits at $3,300–3,310, while a bearish OB dominates at $3,355–3,365.
Fair Value Gaps (FVG): On the bullish side, $3,300–3,315 remains unfilled; on the bearish side, $3,330–3,345 caps rallies.
Liquidity Grabs: Dips toward $3,295–3,300 appear to sweep sell-side liquidity, while spikes above $3,360 tap into resting buy stops.
The area around $3,330 remains a key battleground where smart money likely accumulates positions before the next impulsive move.
⏳ 1‑Hour Timeframe: Intraday Trade Setups
On the 1-hour chart, the market is compressing between a bullish order block and bearish supply. Price action shows evidence of short-term liquidity sweeps and reactions to imbalances, offering two clear scenarios for intraday traders.
📈 Setup A – Bullish Zone Bounce
Entry: Buy limit at $3,332–3,333
Stop-loss: Below $3,328
Take-Profit 1: $3,345
Take-Profit 2: $3,355
Rationale: Confluence of 4H demand, Fib retracement, BOS retest, and 1H bullish order block.
📉 Setup B – Supply Rejection Short
Entry: Sell limit at $3,355–3,360
Stop-loss: Above $3,365
Take-Profit 1: $3,337
Take-Profit 2: $3,330
Rationale: Price into 4H bearish OB, aligning with supply and stop runs above recent highs.
🌟 The Golden Setup
Among these, the Bullish Zone Bounce at $3,332–3,333 stands out as the highest-probability trade. This level represents maximum confluence:
Retest of 4H BOS.
Bullish OB on 1H.
61.8% Fibonacci support.
Unmitigated fair value gap.
This setup offers a favorable risk–reward profile with clear invalidation and multiple upside targets.
🔎 Summary Table
Bias Key Support Zones Key Resistance Zones
Neutral-to-bullish $3,300–3,310, $3,330–3,333 $3,350–3,355, $3,360–3,365
Intraday Setups Entry Zone Stop-Loss Take-Profit Targets
Bullish Zone Bounce 🌟 $3,332–3,333 < $3,328 $3,345 / $3,355
Supply Rejection Short $3,355–3,360 > $3,365 $3,337 / $3,330
📣 Final Word
Gold maintains a structurally bullish outlook above $3,300, with strong institutional footprints evident in the $3,300–3,333 demand zones. Traders should remain vigilant around $3,360, where sell-side liquidity and supply are concentrated.
The Golden Setup — a bullish bounce from $3,332 — offers the best confluence and statistical edge intraday.
Smart Money Sell Setup on Gold (15-Min TF)# Smart Money Sell Setup on Gold (15-Min TF)
### 🔍 Market Context:
Gold has recently formed a strong bullish retracement after a sharp impulsive bearish move. Now, price has returned to a critical zone — the **Equilibrium level (EQ)** — which also aligns with a **valid supply zone** and **bearish trendline resistance**.
This zone is often considered the "decision point" where Smart Money evaluates whether to continue upward or resume the previous bearish trend.
---
## 📉 Strategy: Sell Limit Based on Structure + Liquidity
### ✅ Entry Zone:
**3341.500 – 3343.000**
(At the EQ zone + premium pricing area)
### 🛑 Stop Loss:
**Above 3345.000**
(Just beyond the last liquidity wick and top of supply)
### 🎯 Take Profit Targets:
- **TP1:** 3338.000 → First demand zone
- **TP2:** 3332.500 → Liquidity sweep target under previous lows
### 📐 Risk to Reward Ratio:
**1:3 or higher**, depending on execution precision.
---
## 🔎 Confluences Supporting the Setup:
| Factor | Confirmation |
|--------|--------------|
| EQ Zone (50% of previous move) | ✅ |
| Supply Zone | ✅ |
| Bearish Trendline Resistance | ✅ |
| Liquidity above EQ | ✅ |
| CHoCH + BOS (Market Structure Shift) | ✅ |
---
## 🧠 Why This Setup Works:
This is a classic **"Premium Price Rejection"** in a bearish environment, combining:
- Institutional logic (EQ level)
- Structural resistance (previous BOS)
- Liquidity traps above
---
## 🧵 Summary:
- **Sell Limit:** 3341.5 – 3343
- **SL:** 3345
- **TP1:** 3338
- **TP2:** 3332.5
- **RR:** 1:3+
- **Style:** Smart Money / Liquidity + Structure Based
---
🔔 **Disclaimer:** This is not financial advice. Always do your own analysis and manage risk accordingly.
#gold #XAUUSD #smartmoney #tradingview #liquidity #supplydemand #priceaction #forex #structure
Wait for the data release; do not chase short positions.The 4-hour timeframe remains in a range-bound consolidation. Only a decisive break below the 3320 level will truly open up substantial downward space. Let’s focus on today’s US Initial Jobless Claims data: while the indicator has been trending lower recently, the current market expectation is tilted toward a rebound.
Even though yesterday’s PPI data, after its release, was bullish for gold, its actual impact on prices was limited—far from comparable to core metrics like CPI.
In summary, all short positions have now closed out with profits. Waiting for the data release to trade in line with the trend is a more prudent approach: if prices hover around 3320 or 3310 ahead of the data and the figures come in bullish, you can decisively enter long positions once there’s a slight pullback. If the data turns bearish, avoid chasing the decline; instead, consider positioning around key integer levels such as 3290-3300, as a sharp bullish correction is likely to follow an oversold move. As for whether the bulls can achieve a full reversal, we’ll assess the broader picture then. Always remember: no market moves in one direction indefinitely—adaptability is key
🚀 Buy @3310 - 3320
🚀 TP 3330 - 3340 - 3350
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
XAUUSD:Go long
Based on the 4-hour analysis, the short-term support below for today remains focused on the area around 3318-25, while the short-term resistance above focuses on the 3340-45 level. The key resistance above is at 3380. Overall, this range remains the main framework for our participation in the trade, with positions generally being cautious and waiting for key levels to enter. I will provide specific trading strategies during the session, so please stay tuned. Given that the current market has retraced to 3325 and then rebounded, we can go long in the 3325-30 range.
Trading Strategy:
BUY@3325-30
TP:3340-45
More detailed strategies and trading will be notified here ↗↗↗
Keep updated, come to "get" ↗↗↗
Expectations On GoldPEPPERSTONE:XAUUSD Looking at the daily Range, The market has reached the equilibrium level, is that a sign to go short? no, we could still see a drive to the upper side, but ultimately, the relative equal lows which are close to 3,245.00 big figure should likely be the draw.
I would love to see a drive below the 3,282.00 mark for perfect show to prove the obvious move below the 3,245.00, or seeing a consecutive break below each previous days low would also confirm the directive.
Seeing higher prices would of course negate this analysis, seeing a run into the 3,375.00 big figure yesterday makes me skeptical as this has also left some area of relatively equal highs, so I would give in to the idea of higher prices at least to that level to see what would like occur, but I strongly doubt that this would be the scenerio.
Generally, I am bearish on Gold till I see a run below that 3,245.00 big figure or prices closer to that level.