Gold on the Rise: What's Fueling the Increase?Hey everyone, what do you think about OANDA:XAUUSD ?
Gold has seen a strong rally in recent days, surging to its highest point in a month and breaking through the 3,400 USD/ounce mark on Thursday. This rise has been supported by the prolonged weakness of the US dollar, along with expectations that the Federal Reserve (Fed) will continue easing monetary policy. Currently, the precious metal is trading around 3,410 USD and maintaining its bullish momentum.
The EMA 34 and 89 indicators are still supporting the buyers, and our strategy will prioritize buying as long as key support levels hold. With Fibonacci levels at 0.5 and 0.618, the target for the upside could be around 3,447 USD. This is a reasonable target based on the current setup, indicating that the bullish move remains solid in the medium to long term.
What do you think? How will gold move, and what will the closing price be today?
Feel free to share your thoughts in the comments!
GOLD.F trade ideas
XAUUSD at a Critical Level – Breakout or Rejection?
OANDA:XAUUSD XAUUSD Technical Analysis (4H)
Gold (XAUUSD) is forming an **Ascending Triangle** pattern on the 4H chart.
🔹 Key Resistance
* The **3400 – 3440** zone is acting as a strong ceiling for price.
* A breakout and consolidation above this level could trigger the next bullish wave.
🔹 Supports
* Dynamic Support: Short-term ascending trendline.
* Static Supports: **3320 – 3340**, and if broken, the next support lies at **3260 – 3280**.
🔹 Scenarios
✅ Bullish Scenario:
If price breaks and holds above **3440**, next targets may extend towards **3480 – 3520** and even **3560**.
❌ Bearish Scenario:
If the ascending trendline and **3320** support fail, a deeper correction towards **3260 – 3280** is likely.
🔹 Volume
Decreasing volume in recent moves indicates the market is in a **waiting phase** for a decisive breakout either up or down.
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📌 Summary:
The current structure suggests buyers have the upper hand, but confirmation will only come with a breakout above **3440**. Risk management is crucial in this area.
GOLD Very Bullish , Can We Buy Again And Get 200 Pips ?Here is My 15 Mins Gold Chart , and here is my opinion , we finally above 3400.00 and we have a 4H Candle closure above it and we have a Perfect Breakout and this give us a very good confirmation , so we have a good confirmation now to can buy from 3400.00when the price back to retest it , we need the price to go back and retest it and give us a good bullish price action and then we can enter , 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 .
Uptrend, gold price back above 3400⭐️GOLDEN INFORMATION:
Gold (XAU/USD) finds renewed buying interest around $3,375 during Tuesday’s Asian session, supported by concerns over the Federal Reserve’s independence following reports that US President Donald Trump plans to remove Fed Governor Lisa Cook. Adding to the upside, growing expectations that the Fed will resume its rate-cutting cycle are providing further support, as lower interest rates reduce the opportunity cost of holding the non-yielding metal.
⭐️Personal comments NOVA:
Gold prices show sustained buying power, along with President Trump's moves to pressure the FED to lower interest rates immediately. Heading towards over 3400 new long-term price increases
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3429- 3431 SL 3436
TP1: $3420
TP2: $3410
TP3: $3400
🔥BUY GOLD zone: $3350-$3352 SL $3345
TP1: $3360
TP2: $3370
TP3: $3380
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
The day after a new higher highHello fellow traders! 👋
It seems like so many times again, the market went in a different direction than you may have expected. 🤷♀️
After multiple positive words from members of the Fed, a rate cut is likely to happen and is getting priced in. 📉 On Friday, July 29, we got some good economic data from the U.S., but the market acted differently. 🤔 Why is this? The data wasn't worse than expected; it was as expected. The market is taking this as a sign—a sign for higher prices. But, and this is a fact, many retail traders aren't. 😥
It's not about confusion; it's about the market (and us as traders) not having priced in all the possibilities. 🤯
The truth is, they are lying to you. They (the government) are telling people and the news that things are about to get fixed and will be good, but they aren't. 🤥 If you think the data we got on Friday is true, think again. Look at the data; you'll see the forecast was as expected, but in reality, the numbers are better than before. Do you get it? The obvious conclusion isn't always the real one. 💡 In my opinion, the U.S. economic data everyone is talking about is much better than many people think because the news is written to make it seem bad. 😒 You can think whatever you want, of course!
Price went up, not down, and a rally was chased. Many stop-loss orders were hit and turned into a cascade of higher prices. 📈 Institutions are buying gold, yes, because the dollar is cheap (?), and a rate cut is coming with a very high probability. 💰 So they buy gold, which results in many people's (and that's a good thing) stop-loss orders being executed. 👏 (sorry)
I've seen it in the past, and you can see it too if you look at my data table. Whenever a very high gold price was reached, a correction followed. 📉
I expect a correction on Monday or Tuesday, and this correction will lead to at least $3418, which is the 0.382 Fibonacci level. In my view, $3403 is the 0.5 level and more realistic. If you look at the table I put in the image, you can see that the day after a high price like we had today, the correction was always at the 0.5 Fibonacci level or more! 📊
Don't think it won't happen; they will trap you in any way they can, such as with fakeouts... 😈
Believe in the market and its structure because, until now, there has never been a day without a correction after a rally like this! 💪
GOLD (XAUUSD): Detailed Technical Outlook What a crazy bullish move initiated on 📈Gold on Friday, Following the Fed Chair Jerome Powell's speech on Friday,
It is anticipated that this positive momentum will persist into the upcoming week.
Our primary resistance level is situated within the 3400-3409 range, which is expected to be tested.
Furthermore, a potential retracement from this level is possible.
Should a decline occur, a bearish correction towards the 3350 level is anticipated.
I will continue to monitor the market and provide further updates.
gold view , still i am wait for drop,then buyShort-term: Possible correction / consolidation between 3,000 – 3,300.
Medium-term: Bounce expected from support → retest resistance ~3,500.
Long-term: Breakout above resistance opens the way to 3,800 – 4,200 (next Fibonacci extensions).
Bias: Long-term bullish, but short-term correction is possible.
Watch Zone: 3,000 – 3,200 → crucial support for trend continuation.
Targets: If support holds → 3,800 → 4,200.
Risk: A weekly close below ~2,950 would weaken the bullish structure and signal a deeper retracement.
Weekly Gold (XAU/USD) Report📊 Weekly Gold (XAU/USD) Report
🔹 Fundamental Outlook
Gold remains supported by macroeconomic uncertainty and central bank policies. With global inflation pressures stabilizing but geopolitical tensions persisting, institutional demand for gold as a hedge is intact. The US dollar’s fluctuations and interest rate expectations continue to influence short-term moves, but central banks’ ongoing gold accumulation provides strong long-term demand. Investor sentiment leans toward risk-hedging assets, keeping gold fundamentally supported.
🔹 Technical Structure
This week’s chart shows that gold has recently completed a downward corrective phase and executed a clear breakout from its descending channel. The breakout has been followed by strong bullish momentum, suggesting renewed institutional buying interest.
The market is now showing a healthy impulsive leg upward, with higher highs and higher lows forming. After this strong move, short-term price action indicates a potential cooling-off period—a common consolidation stage before continuation.
Volume flow reflects increasing participation during the breakout, confirming strength in the move. The broader price structure remains trend-reversal aligned, favoring further upside if momentum sustains.
Gold Holds Firm at $3,375 – Bullish Trend in FocusHello everyone, what are your thoughts on the current OANDA:XAUUSD trend?
After a slight dip at the start of yesterday’s session, gold quickly recovered and is now stable around $3,375/oz. The main driver behind this rebound comes from growing expectations that the Fed will cut rates in September, while ongoing political tensions in the US continue to weigh on the dollar, reinforcing gold’s role as a safe-haven asset.
From a technical perspective, the bullish trend remains intact as the market continues to form a series of Break of Structure (BOS), reflecting steady buying pressure. This suggests the most reasonable scenario is to maintain a trend-following strategy, favouring long positions with the next targets being supply zones and key resistance levels ahead.
Do you think gold has enough strength to break through and conquer higher resistance levels this week?
Feel free to share your views in the comments — let’s discuss together!
XAU/USD 15M CHART PATTERN....XAUUSD (Gold) Bearish Setup 📉
Gold is showing weakness after failing to hold above the intraday highs, and sellers are stepping in strongly from 3384, making it a prime Sell Entry Zone.
🔑 Key Support: 3366 → This is the first level where price may attempt a small bounce, but if broken, it confirms bearish continuation.
🛡 Major Support: 3348 → This is the decisive level. If price reaches here, it will complete the bearish move and lock in profits for sellers.
🎯 Target 1: 3366 (Key Support)
🎯 Target 2: 3348 (Major Support)
⚠️ Bearish Bias: As long as price stays below 3384 resistance, sellers remain in control. Breaks below 3366 open the path directly toward 3348.
Bullish bounce off?The Gold (XAU?USD) has bounced off the pivot, which has been identified as a pullback support and could potentially rise to the swing high resistance.
Pivot: 3,350.47
1st Support: 3,307.78
1st Resistance: 3,431.19
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Gold will continue to rise!!Gold has been moving within a medium-term ascending channel and recently managed to break above a major resistance area that had previously rejected price multiple times.
Currently, the price is facing a psychological and technical barrier at the $3500 level, acting as the next resistance.
Price is expected to consolidate slightly below $3500 before attempting another push higher.
As long as price holds above the broken resistance and stays within the ascending channel, the bullish outlook remains valid.
A successful breakout above $3500 could open the path toward targets at $3600 – $3700-$3900 in the medium term.
Gold Shines Bright - Strong Buy Zone XAUUSD Buy Setup – Gold is maintaining strong bullish momentum after holding the 3375 support level. Market sentiment remains positive, with buyers stepping in and pushing price higher. As long as price sustains above 3375, the path of least resistance remains to the upside.
The next bullish targets are set at 3425 and 3450, where we expect potential profit-taking. A break and close above 3425 could accelerate momentum toward 3450. Traders should monitor intraday pullbacks for fresh buying opportunities, keeping stop-losses below the support zone to protect capital.
Lingrid | GOLD Weekly Market Analysis: Triangle Breakout AttemptThe price perfectly fulfilled my previous weekly outlook . OANDA:XAUUSD has closed around $3,371 as the market approaches a critical juncture within a well-defined triangle consolidation pattern. The recent price action suggests accumulation near key support levels with potential for a decisive directional move ahead.
Current timeframe reveals gold forming a classic triangle pattern over month, with the apex narrowing as volatility contracts. The $3,310 level has emerged as crucial support, representing a higher low formation that maintains the bullish structure. Above, the resistance zone around $3,440 continues to cap upside attempts, creating the horizontal ceiling of the triangle.
The daily timeframe shows fake break at both resistance and support levels, indicating institutional players are testing liquidity before committing to larger positions. The current positioning near $3,350 support suggests gold is building energy for the next significant move, with its apex where resolution typically occurs in explosive fashion.
A notable price projection annotation indicates potential future movement based on historical price action, suggesting the market may be preparing for a significant directional move. This technical forecast aligns with the triangle's measured move potential, highlighting the importance of the current consolidation phase as the pattern nears completion.
Next week key levels to monitor include the $3,350 support floor and the $3,410-$3,440 resistance ceiling. A clean break above $3,440 with volume would target the $3,500+ area, while failure at current support could see a retest of the $3,270 zone. The downward trendline from the July peak continues to act as dynamic resistance, requiring a sustained break to confirm bullish continuation. Triangle patterns often produce moves equal to their widest point, suggesting potential for significant volatility once resolution occurs.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Gold Targets Historic Resistance ZoneHello, what do you think about the trend of OANDA:XAUUSD ?
Gold has just posted a strong rally following the Jackson Hole speech, where Fed Chair Jerome Powell signaled a more dovish stance and left the door open for potential rate cuts in the near future. The U.S. dollar and bond yields eased, creating favorable conditions for gold to climb higher. At present, the precious metal is trading around 3,371 USD and continues its upward momentum.
From a technical perspective, the chart is shaping an ascending triangle pattern with a flat resistance zone in the 3,400–3,450 range and a rising trendline providing support below. This formation typically signals the continuation of an uptrend. Should the price break out and close above this resistance area, higher targets will open up — aligning with my long-term outlook.
A clear breakout above this critical resistance zone is needed to confirm the next directional move.
What about you — how do you see gold’s next move? Share your ideas and thoughts in the comments.
Good luck!
Gold Faces Resistance at 3,380–3,385: Downside Move PreferredHello everyone,
Looking at the H4 chart of OANDA:XAUUSD , gold is struggling to clear the heavy resistance zone between $3,380 and $3,385, which coincides with both a supply-based Fair Value Gap and the upper edge of the Kumo cloud. Price action here shows strong selling pressure, with short-bodied candles, long wicks, and muted volume, all of which suggest that buyers lack the conviction to push higher. Unless this zone is decisively broken, momentum points towards a short-term pullback, potentially dragging prices back to $3,355 and then $3,345.
From a macro perspective, today’s release of the US PCE inflation index will be critical. A stronger-than-expected print could reinforce expectations of tighter Fed policy, weighing on gold. Political uncertainty following President Trump’s move against a Fed governor adds another layer of volatility. Traders are now faced with a key question: does gold lose steam and retreat, or is a breakout towards $3,400–$3,425 still on the cards?
What do you think about this setup? Share your thoughts below!
Gold's Wild Ride: Is the Bearish Pressure Coming?Hello everyone, what do you think about OANDA:XAUUSD ?
Yesterday, gold experienced a significant move, briefly hitting 3,399 USD before pulling back slightly. It is currently fluctuating around 3,390 USD.
At the moment, gold is attracting attention from investors as a safe-haven asset, especially amid rising concerns about the independence of the US Federal Reserve (Fed), following recent criticism of Chairman Jerome Powell by President Trump.
From a technical standpoint, gold is forming a rising wedge, signaling a potential bearish reversal. As the price of gold nears the top of this pattern, the risk of a price decline becomes more apparent. If gold drops below 3,385 USD, a sharp pullback is likely, with the next target potentially at 3,375 USD or lower.
What do you think, will XAUUSD continue to drop? Feel free to share your thoughts in the comments below!
Wishing you successful and profitable trading!
Whether gold can hold steady at 3400 is the keyThe current market is bullish, primarily due to the developments surrounding Trump's proposed firing of Cook. Of the seven members of the Federal Reserve Board, three already support a rate cut: Bowman, Milan, and Waller. With the addition of another supporter, Trump's goal would be achieved. If Cook were to be fired and a more compliant candidate were to be promoted, the rate cut would be achieved, but the Fed's independence would also be undermined.
The dollar, US stocks, and US Treasuries would all be affected, and gold, the best safe-haven asset, would inevitably soar.
Today, we're focusing on two levels: 3400 and 3380.
If gold can stabilize above 3400 OANDA:XAUUSD , it's likely to head towards 3430-3450. At that point, you could consider buying around 3400.
Conversely, if it can't hold above 3400, it could test support at 3380. As long as it doesn't fall below 3380, it would be a good buying opportunity.
Good luck to everyone💪
📣If you have different opinions, please leave a message below to discuss
Gold’s Relentless Rally: Hard Lessons Every Trader Must Face💥This past week, Gold surged without a single technical pullback. The rally was so sharp and one–sided that many traders who were holding Sell positions had no chance to exit safely. The result? Blown accounts, heavy drawdowns, and a painful reminder of what happens when we ignore risk.
📉 When the Market Ignores Technicals
Technical Analysis (TA) works—until the market decides otherwise.
In periods of aggressive flows, patterns, indicators, and even trendlines can fail completely.
At such times, the only thing that separates survivors from blown accounts is risk management and discipline.
🔑 Trading Lessons You Can’t Afford to Ignore
1️⃣ Stop Loss is your life jacket – Without it, one wrong move can sink your entire capital.
2️⃣ Never hold onto losing trades hoping for a reversal – The market doesn’t care about your hopes.
3️⃣ Capital management is more important than perfect analysis – One bad trade should never define your future.
4️⃣ Accept losses to survive – The best traders aren’t always right, but they always live to fight another day.
💡 A Message to Every Trader
Last week’s move in Gold taught us one brutal truth:
👉 No discipline = No capital.
👉 No capital = No trading career.
If you’ve taken heavy losses, don’t let it break you. See it as a turning point to rebuild with stronger rules and discipline. Markets will always offer opportunities, but only for those who protect themselves first.
✅ Final Takeaway
This week, don’t just stare at charts—revisit your trading plan and strengthen your discipline.
Remember: discipline may not make you rich overnight, but it will keep you alive long enough to get there.
Safe-Haven Flows Boost GoldHello everyone, what are your thoughts on OANDA:XAUUSD ?
Yesterday, as expected, gold surged strongly and is now holding its bullish momentum, trading around $3,385 in Wednesday’s Asian session after bouncing from a low of $3,367 — a move of more than 200 pips.
Gold gained after the USD weakened following President Trump’s unexpected decision to dismiss Fed Governor Lisa Cook, prompting safe-haven flows into gold. At the same time, signals from Fed Chair Powell about a potential rate cut further support the bullish outlook, as gold typically benefits in a lower interest rate environment.
From a technical perspective, gold remains in an uptrend, with price holding above key EMAs and trendline support. Current pullbacks appear healthy, consolidating strength for the broader bullish structure. As long as this structure is intact, short-term upside momentum remains dominant.
The key levels to watch from a broader technical perspective are $3,400, and above that, $3,415 comes back into play.
Looking ahead, the market will closely watch the U.S. PCE inflation report on August 29, a key gauge for the Fed’s policy direction. Expectations of a policy shift could weigh further on the USD and provide additional support for gold. Meanwhile, rising geopolitical risks worldwide continue to position gold as a leading safe-haven asset.
Follow me for more updates! Don’t forget to like this post and share your thoughts in the comments.
Good luck!