July 24, 2025 - XAUUSD GOLD Analysis and Potential Opportunity

90
Summary:
After yesterday’s sharp drop from 3420 to 3385, today may bring a corrective rebound. Watch the 3385 level closely — if price breaks below, bearish momentum could increase, and the strategy shifts to selling on pullbacks. If 3385 holds, consider buying on dips, targeting a retest of 3400. A sustained move above 3400 may strengthen bullish momentum, but if rejected, price could range between 3385–3400. Stay flexible and focus on key reactions at major levels.

🔍 Key Levels to Watch:
• 3434 – Resistance
• 3420 – Resistance
• 3405 – Key resistance
• 3400 – Psychological level
• 3385 – Intraday key support
• 3375 – Support
• 3364 – Support
• 3358 – Support
• 3345 – Strong support

📈 Intraday Strategy:
• SELL if price breaks below 3385 → target 3380, then 3375, 3370, 3364
• BUY if price holds above 3400 → target 3405, then 3410, 3420, 3434

👉 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!
Disclaimer: This is my personal view, not financial advice. Always use proper risk control.

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.