XAUUSD 1-Hour Technical & Fundamental Analysis
Gold prices have shown clear signs of exhaustion around the $3,370 level, suggesting a potential slowdown in bullish momentum. This aligns with the improving global economic outlook, which is reducing investor demand for safe-haven assets like gold, resulting in a notable pullback in price.
On the 1-hour chart, we identified a well-formed Head & Shoulders pattern, signaling a potential trend reversal. The major key support at $3,280 has been tested multiple times, establishing its strength. Price recently broke below this level, confirming bearish intent and opening the door for potential further downside movement.
On the 15-minute timeframe, signs of accumulation appeared, followed by a retest of the previous major support (now resistance). This behavior suggests a possible liquidity hunt, where institutional players may manipulate price to trigger stop-losses before placing large sell orders.
📉 Bearish Fundamentals for Gold
Market Exhaustion:
Gold is losing bullish strength around ₹98,000 ($3,370), as improved economic conditions make investors less risk-averse, reducing gold’s appeal.
Federal Reserve's Hawkish Tone:
The Fed plans only two rate cuts in 2025, a more cautious stance than expected. This boosts the U.S. dollar’s strength, adding pressure on gold prices.
💵 Bullish News for the U.S. Dollar
Fed's Rate Policy:
The Fed's less aggressive rate-cut path strengthens the USD, making it more attractive to global investors.
U.S. Economic Resilience:
Solid U.S. data and reduced recession fears continue to fuel dollar demand, giving it an edge over gold as a safe haven.
📌 Disclaimer:
This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
Gold prices have shown clear signs of exhaustion around the $3,370 level, suggesting a potential slowdown in bullish momentum. This aligns with the improving global economic outlook, which is reducing investor demand for safe-haven assets like gold, resulting in a notable pullback in price.
On the 1-hour chart, we identified a well-formed Head & Shoulders pattern, signaling a potential trend reversal. The major key support at $3,280 has been tested multiple times, establishing its strength. Price recently broke below this level, confirming bearish intent and opening the door for potential further downside movement.
On the 15-minute timeframe, signs of accumulation appeared, followed by a retest of the previous major support (now resistance). This behavior suggests a possible liquidity hunt, where institutional players may manipulate price to trigger stop-losses before placing large sell orders.
📉 Bearish Fundamentals for Gold
Market Exhaustion:
Gold is losing bullish strength around ₹98,000 ($3,370), as improved economic conditions make investors less risk-averse, reducing gold’s appeal.
Federal Reserve's Hawkish Tone:
The Fed plans only two rate cuts in 2025, a more cautious stance than expected. This boosts the U.S. dollar’s strength, adding pressure on gold prices.
💵 Bullish News for the U.S. Dollar
Fed's Rate Policy:
The Fed's less aggressive rate-cut path strengthens the USD, making it more attractive to global investors.
U.S. Economic Resilience:
Solid U.S. data and reduced recession fears continue to fuel dollar demand, giving it an edge over gold as a safe haven.
📌 Disclaimer:
This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.