Cup and handle pattern spotted: Optimistic view for GoldOANDA:XAUUSD is showing a clean Cup and Handle setup. The price dipped to around 3,310, rounded out, and climbed back to the 3,350–3,360 zone, that’s our cup. Now it's pulling back slightly into a tight handle.
If price breaks above it with strength, I’d be expecting a move toward 3,368$. Until then, it’s a waiting game, no breakout, no trade.
Classic bullish setup forming, as anticipation is building up.
Xauusdlong
XAUUSD Gold Intraday Setup 21.08.2025Gold has broken out of its bearish channel and is now showing signs of retesting the broken trendline. Price action suggests that the 3332/34 zone (highlighted with confluence from structure support and channel retest) will be key for buyers to step in. As long as price holds above this area, bullish momentum is likely to resume.
The target at 3357 aligns with previous resistance, making it a logical upside objective. A stop-loss below 3323 protects against a deeper retracement back into the bearish structure.
Trading Plan (Buy Setup):
Entry: 3332/34
Stop-Loss: 3323
Target: 3357
GOLD Best 2 Places For Buy & Best Place For Sell Cleared !Here is m y opinion on GOLD On 15 Mins T.F , We have a sideway movement since week start between 3343.00 to 3326.00 and finally yesterday we had a breakout and the price touch 3311.00 and the price moved to upside and again above 3326.00 so it`s still my fav place to can enter a buy trade , and the second place we can buy from it 3333.00 so we can buy from both levels , 3343.00 will be the best place for sell specially if we have not a daily closure above it , now the price very near buy area we can wait the price to retest the support area and then enter a buy trade and targeting 3343.00 and when the price touch it and give us a good bearish P.A , we can enter a sell trade and targeting 3326.00 ., and if we have a daily closure above 3343.00 i will think only for buy until end of the week .
GOLD Best Places To Buy And Sell Cleared , 400 Pips Waiting !Here is m y opinion on GOLD On 15 Mins T.F , We have a sideway movement since week start between 3343.00 to 3326.00 so we can buy and sell from both areas , 3343.00 will be the best place for sell and 3326.00 will be the best place for buy , now the price very near buy area we can wait the price to retest the support area and then enter a buy trade and targeting 3343.00 and when the price touch it and give us a good bearish P.A , we can enter a sell trade and targeting 3326.00 .
Does #XAUUSD have the juice to break previous daily range high?It has been an interesting few days on XUAUSD, with many traders being confused on the direction it intends to go.
After yesterdays bullish momentum it is quite clear that the Bulls are not done yet, and given the fact that quite a large gap has now been filled on the daily chart, the possibility of Gold making a move to the upside seems to be the more probable move.
Targets are 3350 & 3370 for conservative exits.
A Shining Year for Gold: Geopolitical Risks and Economic DynamicThe year 2024 may be a bright year for gold, but it coincides with a period of increasing geopolitical risks. Global political and economic uncertainties, while unsettling investors, may boost demand for safe-haven assets such as gold.
Another notable feature of this year is the decline in inflation and interest rates. It is expected that inflation will be kept under control, and central banks will opt for interest rate cuts. The -0.75% interest rate reduction can be considered as part of efforts for economic recovery.
Gold has traditionally been a sought-after investment in environments characterized by low inflation and interest rates. Therefore, the anticipated interest rate cut in 2024 may support gold prices. However, the persistent presence of geopolitical risks remains another crucial factor influencing the value of gold.
Investors will carefully monitor the performance of gold in 2024, taking into account both geopolitical developments and economic indicators in this complex and dynamic environment. In the face of potential risks, a diversified investment strategy may provide a more secure position.
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When I look at the gold mining index, I see a very positive increase.
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The graph of gold in 12-6-3 month time frames gives very positive clues that the price will rise.
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My Goals for 2024
- 2200
- 2500
- 2700
Bullish bias toward 3,370–3,410 as long as 3,320 POI holds. XAUUSD (Gold 4H) Analysis
• Current Structure: Price is rebounding from the yellow POI demand zone, showing bullish reaction.
• Liquidity Areas:
• Below: SSL (Sell-Side Liquidity) marked in red – if price breaks POI, downside sweep is possible.
• Above: BSL (Buy-Side Liquidity) in blue is the first liquidity grab target.
• Higher: Major BSL in red is the extended bullish target.
• Scenario:
• As long as price holds above the POI, bias remains bullish.
• Expectation: Liquidity grab at blue BSL → continuation toward red Major BSL.
• If POI fails, market may drop lower to sweep the SSL zone.
➡ Summary: Bullish bias toward 3,370–3,410 as long as 3,320 POI holds. Break below opens room for 3,280 SSL.
Gold (XAU/USD) Short-Term Bearish Setup1. Well-Defined Resistance Zones
Two horizontal shaded areas labeled Resistance R1 and Resistance R2 mark zones near $3,360–$3,380, where price repeatedly failed to break higher.
Trading ideas from analysts on TradingView reinforce that the immediate resistance lies around $3,364–$3,370. As long as price stays below that, sellers remain in control
2. Descending Channel & Bearish Momentum
The chart highlights a shift from an earlier ascending channel (green), followed by breakdown and decline — a classic reversal from bullish to bearish.
In line with this, there’s also mention of a bearish flag pattern forming on the 30-minute (M30) timeframe, offering a potential shorting opportunity
3. Key Support Levels & Targets
Multiple support levels annotated: Support S2 (at two levels) and Support S3, with notable levels around $3,315, $3,301–$3,302, and $3,300.
The annotated price action indicates projected declines toward those levels—especially highlighting $3,314.94, $3,301.55, and $3,300.96 as intermediate and key targets.
Ultimately, the red “High support area” below suggests a broader demand zone, perhaps around $3,280–$3,300, where stronger support may emerge.
4. Trading Plan Illustrated
White arrows depict a descending trajectory: from current levels down to each support, suggesting a sell-on-rally approach.
Blue markers denote possible bounce points for pullbacks before continuation lower.
Broader Market Context
Gold prices have recently been tracking in the $3,330–$3,350 range, facing resistance near $3,350–$3,360 and support near $3,300. Analysts caution that a break below that could push it toward $3,245 or $3,150–$3,120
Overall momentum has turned cautious or bearish—bearish engulfing patterns, weakening rally strength, and below-average technical indicators emphasize the risk of further declines
Weak U.S. economic indicators or dovish signals from Fed officials (like Powell) could offer brief relief rallies; but failure to reclaim resistance may extend the slide
Key Levels at a Glance
Level Type Price Range Notes
Resistance ~$3,350–$3,360+ Strong ceiling—decline confirms bearish bias
Support S1 ~$3,315–$3,320 First potential reaction zone
Support S2 ~$3,301 Intermediate target for sellers
Support S3 ~$3,300 Psychological barrier; near high support zone
High Support Area ~$3,280–$3,300 Zone where bullish buyers might regroup
Conclusion
chart effectively captures a short-term bearish trend in gold (XAU/USD), showing:
Failed attempts to overcome resistance near $3,360.
A bearish flag breakout signaling potential continuation downward.
Clearly plotted support targets, with bounce zones drawn out.
A visual trade plan suggesting sell-on-rallies targeting declining support levels until reaching a strong demand zone.
To succeed with this setup, traders might wait for a brief rally into one of the identified sell zones (e.g. ~$3,314 or $3,325) before entering shorts, with stop-loss placements above the resistance areas and profit objectives aligned with support levels ($3,301 or near $3,300).
Gold: Correction & Retest of Broken Level1. Fundamental Outlook
Gold is trading close to $3,300, its lowest level in the past three weeks, as market participants remain cautious ahead of key U.S. monetary policy signals. The current weakness is not only tied to technical flows but also to expectations regarding the Federal Reserve’s policy stance. Despite signs of a slowing labor market and softer inflation figures, investors believe that the Fed may resist adopting an overly aggressive easing cycle.
The upcoming release of the Fed minutes and, more importantly, Jerome Powell’s speech at the Jackson Hole Symposium, will likely determine the next big move for gold. Until then, sentiment remains defensive, and investors are reluctant to commit to large positions.
2. Dollar Dynamics
The U.S. dollar has been strengthening, exerting downward pressure on gold. Several factors are contributing to this:
Policy Expectations: Markets still assign around an 85% probability of a September rate cut, but traders expect Powell to signal caution and avoid endorsing steep or rapid cuts.
Housing Market Resilience: Strong housing data has reinforced confidence in the U.S. economy, giving further support to the dollar.
Geopolitical Headlines: News of potential Ukraine negotiations added a layer of optimism for risk sentiment, while also supporting the dollar as investors adjust safe-haven allocations.
As long as the dollar maintains this upward momentum, gold is likely to face headwinds, with upside moves limited to corrective rallies.
3. Technical Setup
From a technical standpoint, gold is in the process of a correction following a bearish rally. This corrective phase is characterized by short-term rebounds toward local resistance zones, but without a confirmed breakout, the overall bias remains negative.
Resistance Levels: 3328, 3331, 3345
Support Levels: 3314, 3300, 3270
The correction could bring gold to test the 3328–3345 resistance zone. However, if the price fails to sustain above these levels, the risk of renewed selling pressure increases. A confirmed breakdown below 3300 would expose the 3270 area, which serves as the next major downside target.
In short, unless gold can establish firm support above 3345, the path of least resistance remains lower.
4. Key Events to Watch
The most critical driver for gold in the near term is Jerome Powell’s speech at Jackson Hole on Friday. Investors will focus on whether Powell signals a cautious approach—supporting the dollar—or hints at policy flexibility, which could provide temporary relief for gold.
Additionally, the Fed minutes release will be analyzed for any details on how policymakers view the balance between inflation risks and economic weakness. Beyond monetary policy, continued monitoring of U.S. economic data releases and geopolitical developments (particularly around Ukraine) will remain essential for short-term positioning in gold.
✅ Conclusion:
Gold remains under pressure, weighed down by a stronger dollar and uncertainty around Fed policy. While technical corrections may push prices higher in the short term, the broader outlook remains cautious. The 3300 level is pivotal—holding above it could allow for a corrective bounce, while a break below may accelerate declines toward 3270. The decisive trigger, however, will come from Powell’s comments at Jackson Hole, which are likely to set the tone for gold’s direction into September.
XAUUSD slided towards new support levelXAUUSD slided towards new support level
On August 20, gold prices plummeted to around 3,310.00, approaching a three-week low, as the easing of geopolitical tensions and the strengthening of the U.S. dollar exerted pressure on the metal ahead of the Federal Reserve's Jackson Hole symposium. Trump ruled out ground troops in Ukraine but suggested air support, while Zelenskiy hailed talks as a step toward peace with Putin. The focus is on the speech by Fed Chair Powell and the release of the FOMC minutes later today, which may provide insights into the central bank's policy decisions. The market anticipates two 25-basis-point rate cuts this year, potentially starting in September.
During Asian and early European trading hours today the price has been growing after a rebound from 3,310.00. Analysts expect the price to continue trading sideways within a range of 3,310.00 - 3,380.00 and move towards higher border of the range.
GOLD: Falling Wedge, Time To Buy?My overall bias is still bullish. HL was formed above 3305. We did get a deeper pullback. Price tapped into H4 demand zone 3322–3332 which has a bullish FVG confluence. Sell-side liquidity below 3332 was swept.
✅ Primary Breakout Entry (conservative, higher probability)
Trigger: M15 break + close above 3352
Entry on retest: 3348–3352
SL (use your own discretion)
TP1 3362
TP2 3372
TP3 3400
Gold 15M OB Reaction – Targeting 3355Price is currently trading around the $3,333 level after reacting to the M15 and M5 Order Blocks (OB). The market is showing signs of a potential reversal from this demand zone, supported by the break of the descending trendline.
Entry Zone: Price is mitigating the M5 OB within the larger M15 OB.
Targets:
TP1: $3,339 – aligned with local liquidity ($$$) and previous highs.
Final TP: $3,357 – a major liquidity zone and supply area.
If price holds above the OB, we can expect bullish continuation towards TP levels. However, a break below $3,323 would invalidate this setup and signal deeper downside.
📊 Bias: Bullish (as long as OB holds).
Reverse Head & Shoulders on XAUUSD (CFD)🟢 Reverse Head & Shoulders on XAUUSD (CFD)
On the 1H chart, the market has recently completed a five-leg structure, which visually aligns with a reverse head & shoulders pattern:
① Left Shoulder: Formed around 3338 with a local support bounce.
② Minor High: First rejection confirming neckline area.
③ Head: The lowest point near 3320, creating a liquidity sweep below previous lows.
④ Right Shoulder: Retesting neckline after liquidity grab.
⑤ Confirmation: Price rejecting higher lows, aligning with bullish order flow.
Key Technical Insights:
Neckline Break: A clean break above the descending neckline (around 3348–3350) could validate the pattern.
Targets:
First target around 3350–3360 (short-term liquidity pool).
Extended target near 3410 if bullish momentum continues.
Invalidation: A drop back below 3320 would invalidate the structure and open the door for deeper bearish continuation.
SMC Context:
The head represents a sweep of liquidity beneath prior lows.
The right shoulder forms with mitigation and BOS signs, suggesting a possible shift in market structure.
If BOS confirms above the neckline, price is likely to fill imbalance zones toward higher liquidity areas.
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📌 This setup highlights both a classical pattern (reverse H&S) and smart money concepts, merging retail and institutional perspectives for a stronger confirmation bias.
GOLD For Buy , Clear Closure & Clear Confirmation,200 Pips ClearHere is My 15 Mins Gold Chart , and here is my opinion , we finally above 3345.00 and we have a 4H Candle closure above it And Perfect Breakout and this give us a very good confirmation cuz we have not any 4H closure above this area since this week start , so we have a good confirmation now to can buy after the price go back to retest the broken area or even direct entry now to can use a small stop loss , and we can targeting 100 to 200 pips . if we have a daily closure below this area this mean this idea will not be valid anymore .
Reasons To Enter :
1- Perfect Touch For The Area .
2- Clear Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- The Price Take The Last High .
5- Perfect 15 Mins Closure .
Gold (XAU/USD) 15m Chart AnalysisGold is currently holding above the 3,345 support zone, aligned with the 200 EMA (blue line). Price tested this support area and showed a bullish reaction, indicating potential demand.
🔑 Key Levels:
Support: 3,344 – 3,345 zone
Resistance: 3,357
📈 Bias:
If price sustains above the highlighted demand zone, we may see a bullish continuation toward the 3,357 resistance level. The projection suggests a possible pullback before continuing higher.
⚠️ Watch out:
A clean break below 3,344 could invalidate this setup and open the way for further downside.
XAU/USD: Navigating the Uptrend and Key Support LevelsPrice Structure: Gold has been forming a series of higher highs and higher lows, indicative of a general uptrend. The chart labels a "high" and a "higher high," confirming this bullish structure.
Support and Resistance:
Two key support areas are identified:
Support area S1: A narrow zone around 3,320 USD. The price recently bounced off this area.
Support area S2: A broader, more significant zone around 3,290 USD, which appears to have been a strong support level in the past.
Several horizontal resistance levels are marked:
Immediate resistance: Around 3,351.231 USD and 3,366.029 USD.
Higher resistance: At 3,408.819 USD and 3,438.677 USD.
Channels and Trendlines:
The price has been moving within a series of ascending channels (highlighted in green rectangles), suggesting a stair-step upward movement.
A primary ascending trendline (black line) serves as a long-term support, with the price currently hovering just above it.
Recent Price Action and Projections:
The price recently broke out of a small downtrend and is showing signs of recovery from the "support area S1."
A potential price path is drawn with a red arrow, indicating a possible move towards the immediate resistance levels around 3,351 USD and 3,366 USD.
The chart highlights two specific price points, 3,360.604 USD and 3,350.685 USD, which likely represent a short-term trading range or target.
Volume: The volume spikes visible at key price points (e.g., at the low on July 30 and during the recent drop) indicate strong market activity.
Key Levels Set: Where Will Gold End This Race?Good morning, my friends,
Gold is currently moving sideways. Let me tell you this: if gold breaks above the 3363 level and closes a candle there, the next target will be 3380 or even 3390.
However, if gold breaks below 3330 with a candle close, then the target will shift to 3310 or 3300.
Right now, gold is in a tight squeeze — bulls and bears are battling it out. Let’s see who wins and who puts the final stamp on this move. We’ll all witness it together.
My friends, every single like you send is my biggest source of motivation to keep sharing these analyses. Thank you so much to everyone who supports me with a like.
Elliott Wave Analysis – XAUUSD July 18, 2025
Momentum
• D1 timeframe: Momentum is preparing to turn bullish. The current decline has lasted for 5 daily candles – this is often the usual number that completes wave D. Therefore, the current stage is sensitive, and price could reverse upward at any time. However, during such periods, price often sweeps liquidity to the downside first, so caution is required.
• H4 timeframe: Momentum is still bearish, suggesting that price may continue falling on Monday. That said, a reversal to the upside on Monday is also possible.
• H1 timeframe: Momentum is already in the oversold zone, with the lines sticking together. If price continues to fall at the Asian session open, a gap may appear. In that case, pay close attention to the downside target zones.
Wave Structure
• D1 timeframe: On the daily chart, we can see a completed abcde corrective structure, followed by a strong rally. The current move is a decline, likely forming waves 1 and 2 (green) within the 5-wave structure of the larger wave 5. The latest D1 candle shows a long upper wick, indicating that selling pressure still remains.
• H4 timeframe: A 5-wave impulse (12345, black) has formed, which could represent wave 1 (green). Afterward, a 3-wave ABC correction (purple) developed. The market is likely within wave C (purple) at the moment. With H4 momentum still bearish, this supports the scenario that wave C (purple) is continuing. Key downside targets to watch: 3322 and 3298.
• H1 timeframe: Within wave C (purple), a 5-wave impulse (12345, black) is unfolding. The market is currently in the late stage of wave 4 and the start of wave 5. Wave 5 will be confirmed if price breaks below 3331. Key downside targets for wave 5:
o Target 1: 3322
o Target 2: 3315
o Target 3: 3299
Trading Plan
• Scenario 1:
o Buy Zone: 3323 – 3321
o SL: 3312
o TP1: 3333
o TP2: 3350
o TP3: 3381
• Scenario 2:
o Buy Zone: 3300 – 3298
o SL: 3290
o TP1: 3333
o TP2: 3350
o TP3: 3381
XAUUSD Potential Long OpportunityXAUUSD is currently in a bearish trend and is approaching the support level at $3332 which is the Asian lows for the day. Expecting a bounce form this level towards the Asian highs at $3349 which is just below the major pivot level of $3351.
Price is still trading below all 3 moving averages and in the in the bearish region of the RSI thus it is a pullback trade.
Not sure if Gold has enough momentum to break pass the pivot level at $3351 especially with the bearish momentum we are seeing, thus looking to take an intraday long trade and ride the wave to the Asian High before reevaluating my position.
XAUUSD Bullish Trend Continuation: Potential Move to $3,400!The price action shows a higher high ("high") and a higher low ("low"), which are characteristic of an uptrend. An upward trendline has been established, connecting a series of higher lows, which is acting as a dynamic support level. A significant horizontal support zone has also been identified around the $3,260 - $3,280 price range, where the price previously found support.
Recently, the price experienced a pullback and bounced off the upward trendline. The analysis anticipates a continuation of the upward momentum toward a key resistance zone. This resistance zone is located around the $3,400 - $3,420 level. A specific target price of $3,408.833 is highlighted within this zone, suggesting a potential area where the upward movement might pause or reverse.
The chart includes a potential corrective wave pattern labeled with "C"s, indicating a recent three-wave pullback within the larger trend. The current price is shown at $3,353.520, positioned above both the horizontal support and the upward trendline, reinforcing the bullish sentiment.