GBPJPY starts corrective downtrend. Ready to SELL✏️ OANDA:GBPJPY has broken the trendline structure and broken the disputed zone. Price is heading towards the support zone ahead around 197.000. This is considered a breakout zone for DCA rather than BUYing at this zone. The downtrend of GBPJPY may extend to the bottom of last week.
📉 Key Levels
SELL now GBPJPY 198.000
SELL trigger: Break support zone 197.000
Target 195.500
Leave your comments on the idea. I am happy to read your views.
Goldprediction
XAUUSD – 4H Short Setup AnalysisGold (XAUUSD) has broken below the dynamic support zone of the Keltner Channel structure and is currently trading beneath the 200 EMA zone, signaling bearish momentum. Price has rejected the upper resistance band near 3385, forming a lower high and triggering a short entry at the 38.2% Fibonacci retracement zone.
📉 Trade Idea (Short Bias)
Entry: Around 3360
TP1: 3317 (key support zone)
TP2: 3275 (38.2% Fib ext)
TP3: 3208 (100% extension target)
SL: 3385 (61.8% Fib retracement)
Confluences:
Price rejection from upper channel
200 EMA trend resistance
Clean bearish structure with momentum confirmation
Fib confluence adds precision to entry and target levels
If momentum sustains below 3360, further downside is likely toward the 3200 zone.
Be cautious with the numerous news and short sell on rebound#XAUUSD
The market is fluctuating sideways, and whether it can achieve a V-shaped reversal still needs to wait for information such as ADP and the Federal Reserve's decision.🗞 Invest lightly today and avoid letting emotions dictate your thinking.⚖️
⚠️Although the market currently predicts that the news information is bullish for gold, and most of the trading voices are centered around bulls, we still need to be wary of the resistance area above 3345-3350.
📉Judging from the daily chart, I have clearly stated in the figure before that the current trend is a converging triangle. If the price hits the triangle boundary, coupled with the interference of external news, it may trigger panic selling, killing a wave of long buyers first🐂, and then trigger an upward trend when it retreats to near the 3300 support level, and may even test the support level of 3285. 🩳
The 4H chart shows that although the rebound momentum is still continuing📈, the gold price is still below the short-term moving average and has only recovered the lower support level. It is necessary to wait for a second retracement confirmation to determine whether a true trend reversal has been achieved. 📈
In addition, the price on the hourly chart continues to run in a downward channel. Combined with the previous trend pattern, after the rebound correction at the 4H level is completed, it is highly likely that the downward trend will continue to return to the lower support level of the daily level.🐻
If resistance is encountered at 3345-3350 for the first time today, consider shorting.💡
If the price currently retreats to around 3320-3315, consider a short-term long position. Long positions held yesterday can be manually closed at around 3330.💡
🚀 SELL 3340-3350
🚀 TP 3330-3320-3300
🚀 BUY 3320-3315
🚀 TP 3330-3340
Gold next move (Read Description). Hello, Traders.
As we achieved more than 400 pips on last trade, Now I’m back with new idea for next move.
As you can see the gold is dropping since last few days.
Now the trend is bearish according Higher Time Frames and Bullish trend in Lower Time Frames, We will have to follow the Higher Time Frames to find the next move.
The market is creating the trend line buy according to H1,M30 and also respecting the trend line.
Keep in mind the trend is bearish, the gold will drop.
If the price doesn't breaks the 3347, then next move will be around 3284. If the price breaks the 3347 then gold will fly, trend will be change.
Kindly share your ideas and drop positive comments, Thanks.
GOLD Weekly Idea💡Why Gold Pulled Back
- Gold pulled back today after hitting $3439.04, just below resistance at $3451.53. Traders took profits ahead of key Fed and trade headlines. Right now, it’s trading around $3414.48, down 0.50%.
- The dip came after the U.S.-Japan trade deal eased geopolitical tension, cutting safe-haven demand. Plus, U.S. bond yields are climbing (10-year at 4.384%), which adds pressure on gold.
Support is building at $3374.42, with stronger buying interest expected around $3347.97 and the 50-day moving average at $3336.40 — a key level bulls want to defend.
Short-term looks a bit weak, but as long as gold holds above the 50-day MA, the bullish trend remains intact. Longer-term, weakness in the dollar, central bank gold buying, and concerns about Fed independence could push prices higher.
🔍Watching the Fed’s July 29–30 meeting next
GOLD ROUTE MAP UPDATEHey Everyone,
Quick follow up on our 1H chart route map:
We had the break below 3305 Goldturn, opening and hitting the 1st level of the swing range at 3289, which did exactly what it says on the tin and gave us the perfect swing bounce into 3305.
We are now looking for support above the swing range and a break above 3305 to track the movement up or further retest and break below the 1st level of the swing range may open the the 2nd level at 3267. Ema5 cross and lock will confirm this.
From here, we’re watching for:
Support to hold above the swing range, followed by a clean break above 3305, which would suggest upward continuation.
Alternatively, if we retest and break below 3289, that opens the path toward the second level of the swing range at 3267.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3348
EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS
3369
EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET
3397
EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET
3422
BEARISH TARGETS
3328 - DONE
EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET
3305 - DONE
EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE
3289 - DONE
3267
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold is in the Bearish Direction after Breaking SupportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GOLD - Near Current Resistance? holding or not??#GOLD... so market perfectly holds our expected bottom and bounced back and now market just near to his current Resistance region.
that is around 3328 to 3332
keep close that region because if market hold it in that case we can see again drop towards our ultimate support 3310
NOTE: we will go for cut n reverse above 3332 on confirmation.
good luck
trade wisely
Gold (XAU/USD) 1H Chart AnalysisGold (XAU/USD) 1H Chart Analysis
**Current Trend:** Consolidation within a range
**Price:** \$3,335–\$3,336
**Indicators:**
* EMA 7: \$3,336.92
* EMA 21: \$3,339.36
* Price trading slightly below both EMAs – **short-term bearish pressure**
---
### 🔍 **Key Levels**
* **Resistance Zone:** \$3,344–\$3,348
* **Support Zone:** \$3,324–\$3,328
---
### 📊 **Trade Scenarios**
#### **Bullish Breakout Scenario**
* **Confirmation:** Clean breakout and candle close above **\$3,348**
* **Buy Entry:** Above \$3,348
* **Targets:**
* TP1: \$3,360
* TP2: \$3,372+
* **Invalidation:** Price falls back below \$3,344 after breakout (fakeout risk)
#### **Bearish Breakdown Scenario**
* **Confirmation:** Break and close below **\$3,324**
* **Sell Entry:** Below \$3,324
* **Targets:**
* TP1: \$3,312
* TP2: \$3,296
* **Invalidation:** Reclaim above \$3,328
---
### ⚖️ **Bias**
Neutral to Bearish until a clear breakout occurs. Monitor volume and candle strength near the support/resistance zones for trade confirmation.
Will Gold Break Higher or Resume the Downtrend?Gold has been trading within a defined rising channel pattern, forming a short-term consolidation phase after a significant bearish leg. The current setup presents a critical inflection zone where Gold (XAUUSD) could either break out above the resistance trendline and major resistance zones or retrace and resume the prior downtrend.
Traders and investors should pay close attention to the price behavior around these key levels for possible high-probability trading opportunities.
📊 Technical Breakdown
1. Rising Channel Pattern
Gold has been bouncing between a support trend line and a resistance trend line, forming a rising channel. This indicates a controlled upward movement or short-term relief within a broader downtrend.
Support Trendline: Has been respected multiple times and offers a key reference point for bullish continuation.
Resistance Trendline: Acting as a cap on the short-term rallies.
This pattern represents a state of consolidation and indecision, often preceding a strong breakout in either direction.
2. Major Resistance Zone Ahead
The region around $3,345–$3,355 is stacked with:
Previous supply zones.
Confluence of the channel resistance and historical price rejection.
Psychological level near $3,350.
This zone is the make-or-break point for bulls. A successful breakout above this resistance could open the doors for a strong bullish continuation targeting levels such as:
$3,370
$3,390
$3,400+
But without a convincing close above this zone, bullish attempts may get rejected, resulting in a pullback or even breakdown.
3. Immediate Support Zone
On the downside, $3,320–$3,325 is a key short-term support level:
Aligned with the lower boundary of the channel.
Previous breakout retest zone.
Demand area observed in past bounces.
If this zone fails to hold, Gold could witness a strong decline, with potential targets at:
$3,310
$3,290
$3,275
🧠 Two Scenarios for Traders
✅ Bullish Breakout Scenario:
Trigger: Price breaks above $3,355 and sustains.
Retest Opportunity: If price comes back to test the breakout zone with a bullish engulfing candle or pin bar, it can serve as confirmation.
Target Zones: $3,370 / $3,390 / $3,400+
Stop Loss: Below the breakout point or recent higher low inside the channel (~$3,320)
❌ Bearish Breakdown Scenario:
Trigger: Breakdown of the support trendline and close below $3,320.
Confirmation: A bearish retest or continuation candle adds strength to the setup.
Target Zones: $3,310 / $3,290 / $3,275
Stop Loss: Above $3,335 (recent high)
📝 Final Thoughts
The XAUUSD 1H chart is setting up for a volatile move as price action coils between strong support and resistance. The rising channel within the larger downtrend makes this an ideal setup for both breakout traders and trend followers.
For bullish traders, the best entry lies above the resistance trendline, ideally after a retest. For bearish traders, a breakdown below the support line confirms downside momentum continuation.
In either direction, a clear break from this consolidation channel is likely to deliver a fast, directional move. Patience is key—wait for a clean breakout or breakdown before entering large positions.
=================================================================
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
=================================================================
XAU/USD Intraday Plan | Support & Resistance to WatchGold remains in a bearish structure, consolidating in a narrow range after the sharp drop earlier this week. Price is trading around 3,330, testing the 3,334 resistance zone while still below the 200MA (3,362), which may act as dynamic resistance.
As long as price stays below 3,348–3,362, the bias remains to the downside, with a break below 3,309 likely exposing the 3,289–3,267 support zone.
A clean reclaim above 3,334- 3,348 would neutralize the immediate downside pressure and open the path back toward 3,373–3,387.
📌 Key Levels to Watch
Resistance:
‣ 3,334
‣ 3,348
‣ 3,362
‣ 3,373
‣ 3,387
Support:
‣ 3,309
‣ 3,289
‣ 3,267
‣ 3,241
🔎Fundamental Focus – FOMC
The FOMC rate decision and Powell’s press conference later today will be the key driver for gold. Expect sharp volatility and potential whipsaws around the release.
⚠️ Manage risk carefully, avoid chasing initial spikes, and wait for clear direction once the event dust settles.
Gold Price Analysis July 30Gold (XAUUSD) Consolidating in a Triangle Pattern – Preparing for a Big Breakout
Currently, gold is moving within a triangle consolidation pattern, reflecting the market’s indecision as investors await a series of important economic data from the US this week. This hesitation suggests that a breakout from the triangle pattern could trigger a strong FOMO effect, creating a significant price movement in either direction.
The current price action is similar to a “bull flag” or “pennant” pattern, where a breakout could lead to a clearer and more decisive trend. If the support zone in the pattern fails to hold, the possibility of a sell-off is high.
Trading scenario:
🔻 Activate SELL order:
When price breaks the triangle bottom around 3324
Downside target: 3285, further is the strong support zone at 3250
🔺 Activate BUY order:
When price breaks and holds above the resistance zone 3333
Or: when there is a bearish rejection signal and candle confirmation at the area 3385
XAU/USD) Bearish Trend Read The captionSMC Trading point update
Technical analysis of Gold (XAU/USD) on the 1-hour timeframe, using a combination of trend lines, EMA, RSI, and price structure.
---
Technical Breakdown:
1. Price Structure:
Gold is forming a rising channel (black trend lines) within a short-term uptrend, but this is happening below the 200 EMA, which generally indicates bearish momentum.
A resistance zone is highlighted near the top of the channel, suggesting sellers might defend this level.
2. Key Level:
Resistance Level: Around 3,330–3,335 zone.
Target Point: Price is expected to break down from the channel and reach support levels near 3,284.35 and 3,282.51.
3. Moving Average (EMA 200):
Current price is below the 200 EMA (3,348.42), reinforcing a bearish bias.
4. RSI (14):
RSI is near 52.58, indicating neutral-to-slightly-overbought territory. No strong divergence is visible, but RSI is not confirming a bullish trend either.
5. Projection (Hand-drawn Path):
The drawn path shows a potential breakdown from the channel with a bearish impulse targeting lower support zones.
Mr SMC Trading point
---
Trade Idea Summary:
Bias: Bearish
Confirmation Needed: Break below channel support
Entry Zone: Near the resistance of the rising channel (~3,330–3,335)
Target Zone: 3,284.35 – 3,282.51
Invalidation: Sustained break above 3,348 (above EMA 200)
plesse support boost 🚀 this analysis)
XUA/USD) Bearish Trend Read The captionSMC Trading point update
Technical analysis of (XAU/USD) on the 1-hour timeframe, targeting a move toward the $3,310–$3,315 support zone. Here's the full breakdown:
---
Technical Analysis – Gold (1H)
1. Fair Value Gap (FVG) Supply Zones
Two FVG supply zones are marked where price previously dropped sharply:
Upper FVG zone near $3,385.49 (with red arrow: expected rejection point)
Lower FVG zone near $3,352.47
Price is expected to reject from either zone, resuming the bearish move.
2. Market Structure: Lower Highs, Lower Lows
The chart shows a clear bearish structure, with consistent lower highs and lower lows.
The current price action suggests a potential pullback into FVG, followed by another leg down.
3. Key Support Zone (Target Area)
The yellow box between $3,315.22–$3,310.99 represents a strong demand/support zone and is marked as the target point.
This level has acted as a prior accumulation zone and is likely to attract buying interest again.
4. EMA 200 Resistance
Price is trading below the 200 EMA (currently at $3,365.87) — indicating a bearish bias.
EMA also aligns near the lower FVG zone, reinforcing the area as a potential reversal point.
5. RSI Indicator
RSI at 35.38 is nearing oversold territory but still shows downward pressure.
No divergence or reversal signal yet — supports the continuation view.
Mr SMC Trading point
---
Summary
Bias: Bearish
Current Price: $3,337.02
Supply Zones (FVG):
$3,385.49 (stronger supply)
$3,352.47 (minor supply)
Support Target: $3,315.22–$3,310.99
Structure: Bearish (LL-LH formation)
EMA: 200 EMA acting as dynamic resistance
RSI: 35.38 – still bearish momentum
---
Please support boost 🚀 this analysis)
Gold - Sell around 3345, target 3320-3301Gold Market Analysis:
Gold has been in a correction over the past two days, with repeated ups and downs, generally trending towards a low and then a rebound. Yesterday, we insisted on selling at 3320, 3326, and 3328, but the profits weren't significant. The daily chart doesn't clearly indicate stabilization or a reversal of trend. Looking at the longer-term trend, I still insist on buying if 3345 breaks. If it doesn't break, we can hold on to the bearish trend. We previously mentioned that 3300 is support on the daily and weekly charts. A technical rebound and correction after selling below this level is inevitable and a normal technical correction. Furthermore, starting Wednesday, big data will be released one by one, and the market is waiting for the data to guide its direction. The weekly chart is also confused and directionless. We're just small investors; we need to follow, not speculate. The 5-day moving average on the daily chart has dipped below 3335, a level that has been retested multiple times in the Asian session. The current correction range is 3300-3335, with resistance around 3345-3343. The daily chart closed positive again, suggesting that the support below may be difficult to break in the short-term Asian session, and a significant decline is unlikely. We anticipate continued correction pending the ADP results.
Support is 3311 and 3301, resistance is 3345, with minor resistance at 3335. The dividing line between strength and weakness is 3335.
Fundamental Analysis:
Today, focus on the ADP employment data and the EIA crude oil inventory data. The US interest rate results are the highlight, along with the speech.
Trading Recommendation:
Gold - Sell around 3345, target 3320-3301
Gold big data is here! Gold prices are igniting the market!Market News:
Spot gold fluctuated narrowly in early Asian trading on Wednesday (July 30), currently trading around $3,325 per ounce. London gold prices recovered some of their losses on Tuesday after falling for the fourth consecutive day, as the US dollar gave up some of its earlier gains, boosting international demand for gold. Declining US Treasury yields and a weak US labor market report also prompted investors to buy gold. The gold market is currently at a critical turning point. Fundamental buying and selling factors are in fierce competition: on the one hand, easing global trade tensions are suppressing safe-haven demand; on the other hand, falling US Treasury yields and expectations of a possible Federal Reserve shift are providing support. Meanwhile, progress in US-China trade negotiations, Trump's tough stance on Russia and the Middle East, and ongoing geopolitical tensions continue to add further uncertainty to the future of the gold market. Furthermore, attention will be paid to the Bank of Japan and Bank of Canada's interest rate decisions, the US second-quarter GDP data and the July ADP employment data. Second-quarter GDP data from Germany and the Eurozone also warrant attention.
Technical Review:
Gold bottomed out and rebounded, stopping at the 3310 level before rising sharply above the 30 mark. The daily chart closed with a small positive candlestick pattern. The 10/7-day moving averages remain converging, suppressing the 57 level above. The RSI stopped below the 50-day moving average and adjusted downward, with the price trading below the middle Bollinger Band at 40. A four-hour chart golden cross formed and pointed upward. The hourly MACD momentum bar is above zero, while the RSI is flattening, indicating a neutral trend. Gold technically remains in a wide range of fluctuations. The trading strategy is to sell high and buy low. Plan to buy low at 3318/06 and sell high at 3346/58. The release of important data today will affect the original technical trend of gold and silver, increasing volatility. Be aware of market risks.
Today's Analysis:
Although gold rebounded yesterday, the momentum wasn't particularly strong, with the upward trend remaining erratic. Bullish volume remains insufficient. Today's key events will be the non-farm payroll report and the Federal Reserve's interest rate decision. Pre-market activity is unlikely to see a significant upturn, so we'll have to wait for the data to provide direction. Expect volatility before the release! The slope of gold's 1-hour rebound doesn't necessarily indicate a deep V-shaped pattern. Gold hasn't yet reversed, and a second bottom is possible. Only if gold doesn't break a new low during this second bottoming out could a double bottom form. Gold is still expected to decline in the Asian session. If gold rebounds and comes under pressure, continue selling. A deep V-shaped reversal is only possible if gold breaks through and stabilizes at the 3345 level. Until then, continue selling at high prices.
Trading strategy:
Short-term gold: Buy at 3310-3313, stop loss at 3300, target at 3340-3360;
Short-term gold: Sell at 3343-3346, stop loss at 3355, target at 3310-3300;
Key points:
First support level: 3310, Second support level: 3292, Third support level: 3284
First resistance level: 3338, Second resistance level: 3346, Third resistance level: 3358
Are you ready for the BUY BTCUSD signal?✏️ The pennant pattern is forming. After BTCUSD reached a new peak, the past 1 week, BTC price has been accumulating to form a bullish pennant pattern. This is a bullish continuation pattern that signals when breaking the upper boundary of the flag pattern.
📉 Key Levels
BUY Trigger: Break and trade above 199000
Target 128000
Leave your comments on the idea. I am happy to read your views.
XAU/USD(20250730) Today's AnalMarket News:
According to a Reuters/Ipsos poll, Trump's approval rating has fallen to 40%, the lowest level since his second term.
Technical Analysis:
Today's Buy/Sell Levels:
3322
Support and Resistance Levels:
3348
3338
3332
3312
3306
3296
Trading Strategy:
If the market breaks above 3332, consider entering a buy position, with the first target price at 3338. If the market breaks below 3322, consider entering a sell position, with the first target price at 3312.