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Gold momentum is about to explode, is 3400 still far away? 💡Message Strategy Gold prices rose as expected on Friday as a weaker dollar and continued geopolitical and economic uncertainty boosted demand for safe-haven gold. Spot gold rose 0.4% to $3,353.25 an ounce, down 1.1% in the previous session. U.S. gold futures also rose 0.4% to $3,359.70. Gold prices remained largely stable around $3,350 an ounce this week. The trend of gold prices is currently mainly affected by the following three factors: 1. US economic data supports the US dollar The latest US real estate data is generally positive, and building permits and new housing starts data are both above expectations. The recovery of the real estate market has reduced market concerns about economic recession, which has provided some support to the US dollar, thereby constituting a certain suppression on gold. 2. Fed policy differences trigger market games Fed officials have obvious differences in their statements on monetary policy. Christopher Waller, a Fed governor, prefers to directly cut interest rates by 25 basis points in July, worried about economic slowdown and weak job market. San Francisco Fed President Daly believes that two interest rate cuts in 2025 are "reasonable", but is wary of the impact of excessive tightening policies on the job market. On the contrary, Fed Governor Kugler is more hawkish, believing that recent tariffs have been transmitted to consumer prices, and high interest rates should continue to be maintained, and it is not appropriate to cut interest rates for the time being. The existence of differences has caused market expectations to waver, and gold has fallen into consolidation. 3. Inflation expectations determine the medium-term direction of gold prices The June CPI data from the United States showed signs of rising inflation, which may cause the Federal Reserve to postpone the pace of interest rate cuts. 📊Technical aspects From the 4H chart, gold is currently oscillating in an obvious symmetrical triangle, forming a consolidation pattern in the short term. Bollinger Band indicator: The middle track of the Bollinger Band is at $3345, the upper track is at $3405, and the lower track is at $3280. The current price is running near the middle track, indicating that volatility is converging and there is an expectation that a direction will be chosen soon. Support and resistance: The current key support level is $3,280; short-term support is 3,300, and the upper resistance is $3,380. After breaking through, it is expected to test the previous highs of $3,451 and $3,499. MACD indicator: The MACD histogram is gradually converging, and the DIFF line (3.19) and the DEA line (1.91) are in a sticky state, indicating that the momentum is exhausted and the probability of short-term shocks is high, but once the volume breaks through, the trend may form quickly. RSI indicator: The RSI indicator is currently at 53.64, which is in the neutral area and has not entered the overbought or oversold area, indicating that the market is still waiting for new direction signals. Overall, the analysis believes that gold is at the end of a symmetrical triangle, and the technical side shows that it is about to face a breakthrough. The direction choice may appear tonight or early next week, and the idea is still mainly low-level bulls. 💰Strategy Package Long Position:3320-3330，SL：3300，Target: 3370-80,3400
TVC:GOLDLong
by TheodoreSilas
10
XAU/USD 21 July 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. You will note that price has targeted weak internal high on two separate occasions forming a double top which is a bearish reversal pattern. This is in-line with HTF bearish pullback phase. Remainder of analysis and bias remains the same as analysis dated 23 April 2025. Price has now printed a bearish CHoCH according to my analysis yesterday. Price is now trading within an established internal range. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200. Note: The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively. Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. H4 Timeframe - Price has failed to target weak internal high, therefore, it would not be unrealistic if price printed a bearish iBOS. The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price. As per my analysis dated 22 May 2025 whereby I mentioned price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe despite internal structure being bearish. Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback. Intraday Expectation: Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,451.375. Note: Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment. Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold Maintains Bullish Tone – Eyes on $3,350 Breakout📊 Market Overview • Gold is trading around $3,339 – $3,340, after rebounding from the session low at $3,332. • The USD is temporarily weakening, and safe-haven flows remain steady — key factors supporting gold. • Markets are awaiting fresh U.S. economic data for clearer directional cues. 📉 Technical Analysis • Key Resistance Levels:   – Near-term: $3,344 – $3,345   – Extended: $3,352 – $3,356 (weekly highs) • Key Support Levels:   – Near-term: $3,332 – $3,335   – Extended: $3,320 – $3,325 (MA confluence + technical base) • EMA: Price remains above EMA 09, confirming a short-term uptrend. • Candle Pattern / Volume / Momentum: RSI is around 54–56; momentum remains positive but has cooled — suggesting potential consolidation. 📌 Outlook Gold is maintaining a bullish technical structure — if it breaks above $3,345, a move toward $3,352 – $3,356 is likely. On the downside, a drop below $3,332 could trigger a retest of $3,325 – $3,320. 💡 Suggested Trading Strategy 🔺 BUY XAU/USD: $3,324 – $3,327 • 🎯 TP: 40/80/100 pips • ❌ SL: $3,320 🔻 SELL XAU/USD :$3,352 – $3,355 • 🎯 TP: 40/80/100 pips • ❌ SL: $3,359
OANDA:XAUUSDLong
by Mian-FXSignals
2
Gold rebound brings bearish opportunities Before the fishermen go out to sea, they don't know where the fish are? But they still choose to go because they believe they will return with a full load. When you invest, you don't know whether you can make a profit, but you still need to try, and from the moment you decide to do it, you must insist on believing to gain something. The same is true for gold investment. You may still be losing money at the moment, but as long as you find me, all losses will be solved! Views on the trend of gold! In terms of gold, unfortunately, the bulls don't seem to last long, and they are also a bit unstable! Emphasize the most critical point, the continuous rise of the sun, the first wave of V-shaped rebound last night, and then the high-level oscillation, and there was no continuation of the rise of the sun last night. The bulls did not take off in one wave, but were held down again. But in the same way, don't think that the bulls are held down, and the bears will come. We still have to distinguish according to the range and strength. In many cases, the market maintains a oscillating range. So how do you look at it today? Is there still hope for the bulls? From the perspective of correction, every big drop has poor continuity, and they all bottom out and rebound, just like gold fell to 3310 last night and violently rose to 3344, so there is a high probability that there will be continuation after the retracement today. On the one hand, even if it rebounds, it is also volatile, and the rebound and second decline is the continuation of the market. Therefore, currently pay attention to two points, the upward pressure 3355, and the downward strength and weakness dividing point 3325! Gold: You can short at the rebound of 3350-55, defend 10 US dollars, and the target is 3330-25! If it breaks 3325, it will look down to the double bottom support of 3310. On the contrary, if it does not break, it can be shorted and look up to 3345-50!
OANDA:XAUUSDShort
by jiqeu1
2
Gold Surges Late Session – Targeting $3,345+📊 Market Overview: • Gold has just broken higher to $3,339, extending its bullish move after clearing the $3,335 resistance zone. • Market sentiment remains supportive as the USD weakens and U.S. bond yields stabilize, while the Fed still shows no signs of cutting rates soon. 📉 Technical Analysis: • Next resistance: $3,345 – $3,350 • Nearest support: $3,335 – $3,336 • EMA 09: Price remains above EMA 09 → confirms short-term uptrend • Momentum: RSI stays bullish, and price continues to follow breakout momentum from the recent consolidation zone 📌 Outlook: Gold is holding its bullish structure — if it stays above $3,335, a move toward $3,345–$3,350 is likely during the Asian session. 💡 Suggested Trading Strategy 🔺 BUY XAU/USD at: 3,336 – 3,338 🎯 TP: 3,350 ❌ SL: 3,330
OANDA:XAUUSDLong
by Mian-FXSignals
2
Gold is in danger. Could it fall?Gold started to fall slowly after the Asian market opened on Thursday, and continued to fluctuate and fall in the European market. The impact of the initial data in the US market fell sharply to around 3310, then stabilized and rose. It reached a high of around 3341 and then maintained a high sideways fluctuation, and the daily line closed with a negative line. The price trend of gold this week was erratic. On Wednesday, it rose and fell, closing with a positive line, indicating that there was strong resistance above; on Thursday, it fell and rebounded, closing with a negative line, indicating that there was some support below. The current moving average system is chaotic, which further confirms that the overall situation is in a wide range of fluctuations. Connecting the highs and lows of this week can form a fluctuating downward channel, which still has an important guiding role in the market. The current channel resistance is at 3345. If the gold price can break through this resistance level, it is expected to open up further upward space; and the channel support is around 3320. Once it falls below, it may trigger a new round of decline. Overall, the upward resistance levels of gold are 3345, 3350, and 3360; the downward support levels are around 3320 and 3310. Operation strategy: Short around 3350, stop loss at 3360, profit range 3330-3310. Long near 3315, stop loss 3305, profit range 3330-3350.
FX:XAUUSDShort
by quaid_2
Gold Continues Short Term Uptrend📊 Market Overview: 💬Gold is currently trading around $3,340 – $3,352/oz, down slightly (~0.25%) on the day but still consolidating near recent highs around $3,500. 🌍 Geopolitical tensions (trade wars, Middle East conflicts) and strong central bank gold purchases continue to support long-term demand. 📅Markets are awaiting key U.S. inflation data and Fed signals, which may trigger volatility in the short term. 📉 Technical Analysis: 🔺Key resistance: $3,360 – $3,380, with the psychological zone at $3,400–$3,420. 🔻Nearest support: $3,330 – $3,332, followed by a firmer zone at $3,300–$3,326 (based on Fibonacci and moving averages). • EMA/MA: ✅ Price is trading above the 50-day MA ($2,862), confirming a medium-term uptrend. ⚠️ While no specific EMA 09 data is noted, current price action suggests bullish momentum. • Momentum / Candlestick / Volume: 📏RSI (14) is near 50–55, signaling positive momentum without being overbought. 🔄MACD is slightly negative but the overall structure remains bullish. 📌 Outlook: Gold may continue to rise in the short term if it holds above the $3,330–$3,332 support zone, with potential to test resistance at $3,360–$3,380 and possibly revisit the $3,400 level. A break below $3,330 could open the path toward deeper support around $3,300. 💡 Suggested Trading Strategy: SELL XAU/USD: 3,367–3,370 🎯 TP: 40/80/200 pips ❌ SL: 3,374 BUY XAU/USD: 3,330–3,333 🎯 TP: 40/80/200 pips ❌ SL: 3,326
OANDA:XAUUSDLong
by Mian-FXSignals
Gold pullback bulls are a winning streak strategy 💡Message Strategy Gold prices experienced a roller coaster ride on Wednesday, mainly due to a Bloomberg report that Trump was considering firing Federal Reserve Chairman Powell (Trump wants to cut interest rates as soon as possible and the Fed is cautious). This quickly ignited the market's risk aversion sentiment, pushing gold prices up quickly by $50. However, after the rise, gold soon encountered resistance and gave up nearly $40 in gains, as Trump quickly denied the plan and the market's risk aversion sentiment cooled. Gold prices fluctuated and fell on Thursday as Trump denied plans to fire Powell. Due to the rise in US CPI data released earlier, investors' expectations for the Fed's interest rate cuts cooled, which began to affect the market again. Looking ahead, investors still need to pay attention to the impact of Trump's tariff remarks and the Fed's monetary policy outlook on gold prices. 📊Technical aspects After hitting a three-week high, gold prices fell back and continued to fluctuate in a wide range. Gold is still in a bullish pattern. The support below focuses on Tuesday's low of $3,320, which is near the position where gold prices stabilized and rose in the Asian and European sessions on Wednesday, and near the position where gold prices fell and stabilized and rose in the US session on Wednesday. This is also the core position of our trading this week. Gold's upper pressure focuses on the downward breakthrough of gold prices in the Asian and European sessions at $3,345, which is also the low point where gold prices quickly fell after rising on Wednesday. Secondly, focus on the intraday high of $3,375. The 5-day moving average slowed down after a slight golden cross, the MACD indicator slightly crossed upward, and the KDJ and RSI indicators formed a dead cross. The short-term technical aspect suggests that gold prices have a short-term upward trend. 💰Strategy Package Long Position:3300-3315，SL：3280，Target: 3360-3370
TVC:GOLDLong
by TheodoreSilas
Powell's stay or departure affects the market, and gold is unlik Yesterday, the Trump and Powell incident caused gold to rise strongly to around 3377. The rise of gold was just a moment. In the end, the gold daily line closed positive, but closed with a super long upper shadow line. In the end, the gold price quickly rose and broke through the 3377 mark, and then fell under pressure and fell into a shock closing. The daily K line closed high and fell back and fluctuated in the middle of the positive. Although the overall gold price repeatedly fluctuated and washed the market under the stimulation of the news, it ultimately failed to break through the recent large box shock range. Today we continue to pay attention to the support line of 3318-25 below. We will continue to go long if it falls back! From the 4-hour analysis, today's short-term support below continues to focus on the vicinity of 3318-25, the short-term pressure above focuses on the 3340-45 line, and the key pressure above focuses on the 3380 line. The overall support range still maintains the main tone of high-altitude low-multiple cycle participation. In the middle position, watch more and do less, and follow orders cautiously, and wait patiently for key points to enter the market. Gold operation strategy: Gold falls back to the 3318-25 line and goes long, stop loss 3312, target 3340-45 line, and continues to hold if it breaks;
TVC:GOLDLong
by jiqeu1
1
TACO trading reappears. Gold is down.The news that Trump intends to fire Powell caused a decline in US stocks and bonds, and gold prices soared in response. But then Trump denied the news, and the market subsequently fell back to stabilize. On Wednesday, the Asian market began to fluctuate and rise in the early trading. It rose to a high of 3343 in the European market and then fell to 3319 in the US market. Then it rose sharply due to the news. It rose to a high of 3377 and then fell to 3336. It fluctuated around 3350 in the late trading. The daily line closed with a positive line with an upper shadow line. The recent market trend fluctuated violently. Since last Wednesday, there have been three consecutive positive rises. This week, there have been two consecutive negative declines on Monday and Tuesday. On Wednesday, it closed positive after washing up and down. At present, the MA5 and 10-day moving averages have formed a golden cross, but the direction is unclear. The Asian market opened above the moving average on Thursday. The overall pattern needs to pay attention to the breakthrough of the key points of long and short positions. Today, the focus below is on the support near the low point of 3320, followed by the support near 3315 and 3310. This position is the trend line support formed by the previous low point connection. If it breaks down, we need to pay attention to the position of 3280. The upper resistance level is mainly concerned with the resistance near 3355, which is the rebound high point after the US market hit 3377. Today, the operation needs to adjust the strategy according to the breakthrough of key points. In the volatile market, we need to be vigilant about the sudden fluctuations caused by the news. After breaking the key support or resistance, the trend direction may be further clarified.
FX:XAUUSD
by quaid_2
Gold Holds Key Support Zone📊 Market Summary – Gold is currently trading at $3,338/oz, hovering near a key technical support level. – US Treasury yields remain elevated and the USD is strong, both pressuring gold; however, ongoing concerns over US–EU/Mexico trade tensions continue to support safe-haven demand. – The market is awaiting the upcoming US PPI data to determine the next directional move. 📉 Technical Analysis • Key Resistance: $3,372 – $3,375 (23.6% Fibonacci zone – short-term ceiling) • Nearest Support: $3,338 – $3,330 (tested and bounced at 3,338 per Oanda); deeper support at $3,325 – $3,320 if broken • EMA 9: Price is below the MA20/50/100 but above MA200 (H1); EMA9 is flat, suggesting a sideways/consolidation trend • Momentum / Indicators: • RSI around 44–52 – neutral to slightly bullish • MACD slightly positive; Stochastic above 50, hinting at short-term overbought conditions 📌 Outlook – Gold is holding above the 3,338–3,330 support zone. If this level holds and rate-cut expectations strengthen, the price may rebound toward 3,372–3,375. – However, if the USD continues to strengthen and PPI/CPI data surprises to the upside, gold could break support and head lower toward 3,325–3,320. 💡 Trade Strategy Proposal 🟣 SELL XAU/USD at 3,372 – 3,375 🎯 TP: ~ 40 / 80 / 200 pips ❌ SL: ~ 3,378 🟢 BUY XAU/USD at 3,330 – 3,333 🎯 TP: ~ 40 / 80 / 200 pips ❌ SL: ~ 3,327
OANDA:XAUUSDLong
by Mian-FXSignals
As risk aversion wavers, will gold rise or fall? 💡Message Strategy After falling for two consecutive days, gold (XAU/USD) rebounded slightly in the Asian session on Wednesday, stabilizing above $3,320, attracting some bargain-hunting buyers. The market has paid close attention to the tariff policy that US President Trump continues to increase, and the rising risk aversion has become the core factor supporting gold prices. The US CPI data for June showed that overall prices rose by 0.3% month-on-month, the largest increase in five months, and the core CPI rose to 2.9% year-on-year, both higher than expected. This has caused the market to worry that tariffs are gradually pushing up inflation, prompting the Federal Reserve to extend the high interest rate policy cycle. 📊Technical aspects The current trend of gold is constrained by both fundamentals and technical factors. On the one hand, Trump's tariff policy has pushed up inflation expectations, triggering risk aversion and rethinking of the Fed's policy path, providing support for gold; On the other hand, the Fed's tone of "maintaining high interest rates for longer" has limited the room for gold prices to rebound. From the 4-hour chart, gold prices found support near the 100-period SMA (about $3,320) on Tuesday, stopping the decline from the three-week high. In the short term, if it can stand above the 3340-3345 resistance band, it may test the 3365-3370 area again, and the further target is the 3400-dollar round mark. 💰Strategy Package Long Position:3320-3330，SL：3305，Target: 3365-3370
TVC:GOLDLong
by TheodoreSilas
Will CPI data boost gold to 3,400? 💡Message Strategy Gold prices rebounded modestly in the Asian session, supported by a weaker dollar and safe-haven demand. The market is currently focusing on the upcoming June CPI data from the United States, and investors are reassessing whether the Federal Reserve may start a rate cut cycle this year. The overall CPI (year-on-year) is expected to grow by 2.7%, and the core CPI may reach 3.0%. If the data is lower than expected, it will strengthen the market's bet on a rate cut in September, which is bearish for the dollar and bullish for gold. The current market has expected that the probability of the Federal Reserve cutting interest rates in September is about 60%, and the probability of a 50 basis point rate cut before the end of the year is about 50%. 📊Technical aspects Gold price (XAU/USD) maintains a bullish structure as a whole and is currently testing the key resistance level of $3365. If it can effectively break through this area, it will open up the upside, with the target pointing to $3400 or even $3435. On the daily chart, MACD maintains a positive opening, and the momentum indicator shows that buying is still active, and the short-term trend is to continue to rise. On the contrary, if the gold price is blocked near 3365-3370, it may fall back to the support area of 3340 US dollars. Further support is near 3326 and 3300 US dollars, which is still regarded as a potential area for bargain hunting. 💰Strategy Package Long Position:3345-3355，SL：3335，Target: 3380-3400
OANDA:XAUUSDLong
by TheodoreSilas
Gold bulls explode to new highs 💡Message Strategy Gold prices hit a three-week high near $3,375 an ounce in early trading on Monday before retreating. Gold prices are under selling pressure again as buyers failed to sustain higher levels hit earlier on Monday. Gold prices hit a three-week high in early Asian trading on Monday, supported by safe-haven demand after U.S. President Trump threatened to impose 30% tariffs on imports from the European Union and Mexico. Gold prices encountered resistance just below the 23.6% Fibonacci retracement of April’s record rally at $3,377 an ounce in early Asian trading on Monday. Despite the pullback, the 14-day relative strength index (RSI) continues to show additional upside as the indicator is well above its midline, currently near 54.20. 📊Technical aspects Gold 4H chart. From the perspective of the morphological structure, gold has recently been rising in lows, and has been oscillating upward along the rising trend line, moving out of the standard rising trend wave rhythm. On Friday night, the bulls once again made a strong effort to break through the key pressure level of 3345.0, further opening up the bullish upside space, and the market outlook continues to see the bullish continuation of the market. According to the comprehensive MACD indicator, the fast and slow lines are running above the 0 axis, indicating that the bullish power dominates the market trend. In terms of strategy, it is recommended to follow the bullish rebound wave trend to find support levels and ambush long orders. 💰Strategy Package Long Position:3335-3340，SL：3320，Target: 3390-3400
TVC:GOLDLong
by TheodoreSilas
Affected by tariffs, gold rose again.On Saturday, Trump announced that he would impose a 30% tariff on goods imported from the European Union and Mexico from August 1. This news triggered a rise in risk aversion in the market. As a traditional safe-haven asset, gold was once again sought after. The price continued the rise on Friday and continued to open high in the early Asian session. As of now, the highest price reached around 3373. From the current market point of view, after breaking through the triangle pattern last Friday, there was a sharp rise. The price successfully stood on the short-term moving average, showing an overall bullish trend. However, it should be noted that the short-term moving average has not yet formed an upward cross, which means that there is a high possibility of a confirmation process in the future. Looking back at the trend in the past two months, gold rarely opens high and then continues to rise. Most of them open high and go low. Therefore, under the current situation, although it is bullish overall, it is not advisable to blindly chase more. It is more suitable to wait for a decline before arranging more orders. The key lies in grasping the decline position. From the perspective of pressure level, 3380-3385 is the first pressure level, and the second pressure level is 3395-3400. The support level below is around 3345, which is also the pressure level that has been emphasized in the early stage, and the top and bottom conversion position. For today's operation, Quaid recommends low-to-long. Operation strategy: Short near 3380, stop loss 3390, profit range 3360-3345 Long near 3345, stop loss 3335, profit range 3360-3380
FOREXCOM:XAUUSD
by Quaid_1
Gold rises after brief recovery Let’s review the gold price for next week from July 14, 2025 to July 18, 2025 ⭐️Gold Information: Gold prices surged nearly 1% on Friday as sentiment soured over U.S. President Donald Trump’s controversial trade policy targeting Canada, while hinting at broader tariffs on other countries and copper. At the time of writing, XAU/USD was trading at $3,354, rebounding from an intraday low of $3,322. On Thursday, Trump announced a 35% tariff on Canadian imports, but goods eligible under the 2020 USMCA trade agreement remain duty-free. He also expressed his intention to extend tariffs to most trading partners, proposing a basket of rates ranging from 15% to 20%. With a light U.S. economic calendar, attention turns to comments from the Federal Reserve. Chicago Fed President Austan Goolsbee dismissed calls for rate cuts aimed at reducing government borrowing costs, stressing that the central bank's focus remains firmly on employment and price stability. ⭐️Personal Comment: Growth with the trend, maintaining the accumulation price zone above 3300 🔥 Technical: Based on the resistance and support levels of gold prices on the 4-hour chart, NOVA has identified the following important key areas: Resistance: $3392, $3447 Support: $3330, $3308, $3246
OANDA:XAUUSDLong
by labaronAA
Gold trend analysis: long positions are still the general trend After opening on Friday morning, it started to rise directly. The opening was the low of the day and continued into the European session, reaching the highest point near 3340-45, which was also close to the previous high point. After touching this position, the bears also ushered in a symbolic correction and tried to test the position above 30 many times. However, it finally catered to the strength of the bulls and began to break through in the US session, reaching the highest point near 3369, and also pierced the previous high of 3365 for the first time, and then retreated and corrected again. The daily line also closed in the form of a large positive line with an upper lead. The gold hourly line continued to diverge from the golden cross upward bullish arrangement. The gold bullish strength is still there, and the gold moving average support has also moved up to around 3320-25. After gold broke through the 3345 line on Friday, it rose all the way, reaching the highest point of 3369. We continue to be bullish on gold when it falls back to the 3320-25 line next week. The short-term 3320-25 line of gold has formed a strong support, and gold will continue to buy on dips when it falls back next week. If your current gold operation is not ideal, I hope Yulia can make your investment smooth. Welcome to communicate with us! From the 4-hour analysis, the support below is around 3320-25, and the short-term bullish strong dividing line is around 3365-3370. The overall low-multiple bullish rhythm remains unchanged. Before the daily level falls below the 3300 mark, any retracement is a long opportunity. Be cautious about short positions against the trend. Gold operation strategy: Gold retracement 3320-25 line long, stop loss 3313, target 3365-70 line, break and continue to hold
TVC:GOLDLong
by jiqeu1
Gold breaks through. Will it continue?After breaking through the position predicted by Quaid on Friday, gold rose strongly and finally maintained the fluctuation range of 3345-3360 that I predicted. Gold bulls are now strong. If there is no major change in the news over the weekend, the price will likely continue to rise after a slight decline at the beginning of next week. I think we can still follow the strategy of Dutou. The 1-hour moving average of gold continues to diverge with a golden cross and upward bullish arrangement, and the bullish momentum of gold is still there. The current strong support level of gold has also moved up to around 3330. After gold broke through 3330 over the weekend, the price fell back to 3330 and stabilized and rose twice. In the short term, this position has formed a strong support. There is a high probability that the price will have a small correction at the beginning of next week. We can continue the bullish strategy after the price falls back. Market transactions should abandon personal preferences. Preconceived subjective consciousness will eventually be taught a lesson by the market. The market is always right. We should follow the fluctuations of the market. Instead of having a head full of random thoughts. There are always traces of market changes, and you need to have the ability to discover them or follow those who have the ability. The market changes rapidly, so pay attention to more timely changes.
FOREXCOM:XAUUSD
by Quaid_1
Gold price rises as expected, is 3400 far behind? 💡Message Strategy Trump announced on Friday that he would impose a 35% comprehensive tariff on Canadian imports, which will take effect on August 1, which caused a market shock. As Canada's largest trading partner, the United States accounts for 76% of Canada's exports in 2024. This move will undoubtedly have a profound impact on the global supply chain and trade pattern. In addition, Trump's tariff policies on copper and Brazil have further exacerbated market uncertainty, pushing gold prices to break through key technical resistance levels and move towards the $3,400 mark. The Fed's policy moves also have an important impact on market sentiment. The minutes of the June meeting released on Wednesday showed that the Fed's internal concerns about tariffs potentially pushing up inflation are growing. The minutes pointed out that "most participants emphasized that tariffs could have a more lasting impact on inflation." Despite this, the Fed reiterated that it would remain on the sidelines and wait for further clarity on inflation and economic activity. At present, according to the market forecast of the CME FedWatch tool, the probability of a 25 basis point rate cut in September has risen to 62.9%, reflecting investors' expectations that the Fed may ease early. 📊Technical aspects Yesterday’s strategic recommendations mentioned that the effective support level for gold was in the 3280-3285 range. Today, gold fell back to the 3280 level, stabilized, and began to rise, perfectly reaching the target. From a technical perspective, gold has shown significant upward momentum this week. The daily chart shows that the price of gold has successfully broken through the symmetrical triangle resistance and touched the 20-day simple moving average (SMA) of $3,339.97. This breakthrough marks a strengthening of the short-term technical pattern, showing that bulls have the upper hand. The relative strength index (RSI) has rebounded to around 55 on the daily chart and is trending upward, indicating that there is slight bullish momentum in the market. However, in the short term, the upside of gold may be limited by the 23.6% Fibonacci retracement level ($3,370). If this level can be effectively broken, the psychological level of $3,400 and the June high of $3,452 will become the next target. 💰Strategy Package Long Position:3335-3340，SL：3320，Target: 3370-3400
TVC:GOLDLong
by TheodoreSilas
Trump's tariff news stimulates gold to explode! 📌 Driving Events Gold prices rose for the third consecutive day and are expected to close higher this week. The trend turned in favor of gold buyers as tariff tensions intensified. US President Trump announced new tariffs, exacerbating concerns about a trade war. 📊Personal Comments: Signs of instability in Trump's trade policy have once again hit investor confidence, reviving safe-haven demand for gold. In the absence of any top US economic data, the market will continue to focus on trade headlines. Weekend fund flows may also drive gold price movements. ⭐️Set Gold Price: 🔥Sell Gold Area: 3360-3369 SL 3374 TP1: $3355 TP2: $3342 TP3: $3325 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose a lot size that matches your funds
OANDA:XAUUSDShort
by labaronAA
Gold prices are faking declines but rising, so beware 💡Message Strategy As trade uncertainty heats up, gold welcomes safe-haven buying After the Trump administration issued a series of tariff notices against many countries around the world, market risk aversion has intensified. The US President announced on Wednesday that a new 50% tariff on copper imports will be imposed from August 1, and reiterated that "the deadline will not be extended for countries that have received the notice, and any retaliatory measures will be responded to by tax increases." This move has triggered market concerns about the slowdown in global economic growth, and traditional safe-haven assets such as gold have been sought after. The current gold price has rebounded significantly from the one-and-a-half-week low hit the previous day. According to market surveys, safe-haven funds are being reconfigured, especially in the context of the unclear Fed policy and the direction of the US dollar, gold has become a non-yielding asset preferred in the short term. 📊Technical aspects From the 1H chart, the gold price has approached the 100-period simple moving average (SMA), which is currently located around 3,335, forming an initial resistance. If the price effectively breaks through this area, the next resistance level will be in the 3,345-3,350 range. Once it breaks through, it may trigger a short-covering market, pushing the gold price back to the 3,400 integer mark. If gold breaks above 3,360, it will confirm the short-term bottom and open the door to re-challenging the high point of the year. On the contrary, if the gold price falls below 3,300 again, it may retest the 3,280 support, and further downside space will extend to the July low of 3,247. For now, the performance of gold bulls is relatively prominent, and it is recommended to do more on the pullback. 💰Strategy Package Long Position:3300-3310，SL：3285，Target: 3340-3350
TVC:GOLDLong
by TheodoreSilas