XAU/USD(20250728) Today's AnalysisMarket news:
Trump announced that the US and Europe reached a trade agreement: 15% tariffs on the EU, $600 billion in investment in the US, zero tariffs on the US by EU countries, the EU will purchase US military equipment, and will purchase US energy products worth $750 billion. However, the US and Europe have different statements on whether the 15% tariff agreement covers medicines and steel and aluminum. Von der Leyen: The 15% tariff rate is the best result that the European Commission can achieve.
US Secretary of Commerce: The deadline for tariff increases on August 1 will not be extended. The United States will determine the tariff policy on chips within two weeks.
Technical analysis:
Today's buying and selling boundaries:
3345
Support and resistance levels:
3393
3375
3363
3326
3315
3297
Trading strategy:
If the price breaks through 3345, consider buying in, the first target price is 3363
If the price breaks through 3326, consider selling in, the first target price is 3315
Goldpreis
Analysis of gold price trend next week!Market news:
This week, international gold recorded its biggest weekly decline in a month. Spot gold turned sharply lower after a sharp rise and finally closed lower. Signs of progress in US-EU trade negotiations hit the safe-haven demand for London gold prices. Geopolitical situation is also a factor in the downward trend of gold prices. On the 25th local time, Tahir Noonu, a senior Hamas official, said that Hamas was absolutely positive about the efforts of the relevant mediators, but was surprised by the US statement. Before the United States and the European Union made progress in trade negotiations, fund managers raised their bullish bets on gold to the highest level since April this year. The trade war has pushed gold prices up 27% this year. Although the easing of trade tensions will weaken safe-haven demand, gold has also been supported by strong buying from central banks.Next week, international gold prices will focus on US-EU and US-China trade negotiations. If the negotiations are optimistic, gold prices may continue to test the $3,300/ounce mark; in addition, focus on the Federal Reserve's resolution. After Trump's visit to the Federal Reserve headquarters, whether the Federal Reserve will maintain its independence will be highlighted in this resolution. Non-agricultural data will also be released on Friday, which needs attention.
Technical Review:
From the weekly gold level, gold is still in a wide range of 3500-3120. It has been fluctuating for ten weeks. The Bollinger Bands are gradually shrinking. MA5 and MA10 are running horizontally, indicating that gold fluctuations will continue. This time, gold stabilized and rose from 3247 to 3438 and then fell back. The current short-term range is 3247-3438! Next week, pay attention to the range of fluctuations and choose a new direction after the narrowing. The daily level is currently in the 4th wave adjustment. There is a high probability that there will be a 5th wave rise after the adjustment, and then a large-scale ABC adjustment will be started. At present, there are two changes in the structure of the 4th wave, one is the triangle contraction and the other is the ABC structure. No matter how it runs, the market outlook is to wait for low-level long positions to see the 5th wave rise. In the short term, gold is still oscillating and selling.
Next week's analysis:
Gold is still adjusting, but it has basically adjusted in place. The current daily price has also adjusted to the key support level of 3300. Similarly, the four-hour chart just stepped back to the upward trend line support, which is the short-term long order entry. Buy above the 3300 mark next week! Next week, gold is expected to further test the 3310-3280 support level. Gold at the 4-hour level peaked at 3438 and then fell back. It has now formed a unilateral trend. The K-line is under pressure from the 5-day moving average and continues to set new lows, and breaks the short-term upward trend line. The Bollinger band opens downward and diverges, and the MACD water cross diverges downward to underwater, indicating that the current gold trend is in an absolute weak position! Next, gold will continue to test the support near the previous low of 3300. If 3300 is not broken, gold buying will continue to have momentum. If 3300 is broken, the short-term rise will end, and the subsequent rebound will basically be just a correction. However, the current 4-hour green column shows signs of shrinking volume, so it is not easy to sell at a low level. Try to sell after the rebound correction, or buy at a low level!
Operation ideas:
Short-term gold 3305-3308 buy, stop loss 3297, target 3350-3370;
Short-term gold 3350-3353 sell, stop loss 3362, target 3320-3300;
Key points:
First support level: 3320, second support level: 3309, third support level: 3300
First resistance level: 3346, second resistance level: 3360, third resistance level: 3375
XAU/USD) bullish the support Read The captionSMC Trading point update
Technical analysis of (XAU/USD) on the 4-hour timeframe, indicating a potential bounce from a key trendline support within a rising channel.
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Analysis Summary
Pair: XAU/USD (Gold Spot vs. USD)
Timeframe: 4H
Current Price: 3,338.715
Bias: Bullish rebound within ascending channel
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Key Technical Elements
1. Ascending Channel:
Price has been respecting a well-defined rising channel, bouncing between support and resistance levels.
2. Key Support Zone:
The yellow highlighted area marks a critical support level and lower boundary of the channel.
Also intersects with the trendline, strengthening the potential for a bounce.
3. 200 EMA (Dynamic Support):
The 200 EMA at 3,343.616 lies just below current price, acting as a dynamic support level.
4. RSI (14):
RSI is around 34.93, nearing the oversold zone, suggesting a buying opportunity may be near.
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Target Points
First Target: 3,402.099
Second Target: 3,446.661
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Trade Idea
Direction Entry Zone Stop-Loss Target Zones
Buy 3,330–3,345 Below 3,320 3,402 / 3,446
Mr SMC Trading point
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Summary
Gold is currently testing a key support level and ascending trendline. If price holds above this area, we can expect a bullish rebound toward 3,400–3,446 levels, aligning with the upper channel resistance.
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Gold is weak. Beware of lows.On Thursday, the dollar index ended a four-day losing streak thanks to the progress of the fund between the United States and its trading partners.
As signs of easing global trade tensions curbed demand for safe-haven assets, gold fell for the second consecutive trading day, and yesterday it hit the 3350 bottom support level.
From the 4-hour chart
although it rebounded to the 3370-3380 range after hitting 3350. But it can be found that the current rebound is actually weak, and it is still maintained at 3360-70 for rectification. At present, the bottom of the 4-hour bottom is absolutely supported at 3340-3335. The rebound high is around 3375. As of now, gold has not rebounded above 3375, and gold is actually in a weak position.
Secondly, from the hourly chart, the weakness is even more obvious. The high point on Thursday was around 3395. Today's current high point is around 3375. It can be seen that if the bottom falls below the 618 position 3350 again, it will directly touch around 3335. It coincides with the target position of 3340-3335 in the previous 4-hour chart.
Therefore, it is not possible to buy the bottom and go long today. Be alert to the possibility of further touching 3340-3335.
Has the price of gold peaked in the short term?Market news:
On Friday (July 25), London gold prices fell for two consecutive days under the dual pressure of global trade optimism and strong economic data. During the session, it once approached the psychological mark of US$3,350/ounce. The spot gold price fell sharply again, reflecting the easing of global trade tensions and the demand for safe-haven assets. The US dollar and US Treasury yields rose, which also hit the gold trend. In addition, rising stock markets and low volatility suppressed the upward momentum of international gold. The unexpected improvement in US labor market data further pushed up the US dollar and US Treasury yields, and the international market brought significant downward pressure on gold prices. At the same time, President Trump’s rare visit to the Federal Reserve and the market’s close attention to the Federal Reserve’s interest rate policy have added more uncertainty to the gold market. Looking ahead, the market’s attention is turning to the upcoming US durable goods orders data. As an important indicator of manufacturing activity and economic health, durable goods orders data may provide new clues to the trend of gold prices. Investors need to pay close attention to two key time points: one is the subtle changes in the Fed’s inflation statement at the July 30 interest rate meeting; the other is the final details of the US-EU agreement before the August 1 tariff deadline.
Technical review:
From the daily chart of gold, after three consecutive positive days, the price of gold fell under pressure. The daily K-line closed negatively. From the technical indicators, the MA5-MA10 moving averages and MACD formed a golden cross, but the red kinetic energy column gradually shortened, which means that the bulls lacked stamina. KDJ crossed downward in the middle position, indicating that the upward momentum was exhausted, which was a weak signal in the short term!
Technical aspects:the daily chart of gold adjusted and repaired, and the MA10 daily moving average was 3365. In the early morning, it formed a bottoming out and rebounded, stopping at the 3351/50 mark, and then pulled up above 3377. The MA10/7-day moving average continued to open upward, and the RSI stopped above the middle axis. In the short-term four-hour chart and hourly chart, the gold price is in the middle and lower track of the Bollinger band channel, and the moving average is glued. On Friday, the idea of shocks is to sell high and buy low for short-term participation. Pay attention to the 3352/3392 range during the day!
Today's analysis:
Gold continued to fall yesterday. Our friend circle of the US market 3377 prompted direct shorting and fell as expected. Although there was a rebound, the rebound of gold was just to repair the market. The selling of gold has not ended yet. The rebound is an opportunity to continue selling. Sell directly above 3370 during the day!The 1-hour moving average of gold continues to turn downward. If a dead cross is formed, the downward space of gold will be further opened. Gold will still have room to fall. Gold rebounded in the US market yesterday and still faced the resistance of 3377. It continued to go short at highs after rebounding below 3377 in the Asian market. If it cannot even reach 3377 today, it will be a weak rebound, and gold selling will be more like a fish in water.
Operation ideas:
Buy short-term gold at 3345-3348, stop loss at 3337, target at 3370-3390;
Sell short-term gold at 3374-3377, stop loss at 3386, target at 3350-3330;
Key points:
First support level: 3350, second support level: 3342, third support level: 3323
First resistance level: 3375, second resistance level: 3390, third resistance level: 3406
Gold fluctuated downward. Or it will continue.Gold was blocked near 3393 in the early trading on Thursday and began to fluctuate and fall, falling to 3351 as low as possible, then stopped falling and rose, and after rebounding near 3377, it was blocked and fell back to 3370 and fluctuated up and down, and the daily line closed with a negative line.
After three consecutive positive rises from last Friday to Tuesday this week, gold ushered in a turning point on Wednesday. On Thursday, it continued to fall and broke through the 5-day and 10-day moving averages, and the short-term market weakened. From the overall structure, the rising channel since June 26 remains valid. The highs on Tuesday and Wednesday approached the upper edge of the channel and then fell. The current price turned to fall and approached the lower edge of the channel.
There are two key positions for the support below: the first support level is near 3345, which is the lower edge support of the current rising channel; the second support level is near 3325, which is the trend line support formed by the connection of the previous low points.
From the 4-hour chart, the 3351 low point and the rebound resistance level can be used as a reference for today's long-short game. The breaking of key support and resistance will determine the trend direction of the next stage.
Operation strategy:
Short near 3375, stop loss 3385, profit range 3350-3330
Long near 3330, stop loss 3320, profit range 3350-3370
XAU/USD(20250725) Today's AnalysisMarket news:
The European Central Bank announced that it would maintain the three key interest rates unchanged, reiterated data dependence, warned that the external environment is highly uncertain, and President Lagarde did not rule out the possibility of future rate hikes. Traders reduced their bets on ECB rate cuts.
Technical analysis:
Today's buying and selling boundaries:
3370
Support and resistance levels
3412
3397
3386
3355
3344
3329
Trading strategy:
If the price breaks through 3370, consider buying in, with the first target price of 3386
If the price breaks through 3355, consider selling in, with the first target price of 3344
Gold failed to break through three times, short-term bearish?
💡Message Strategy
Gold's decline today means the second consecutive day of decline as investors turn their attention to more positive trade developments since yesterday.
However, gold still received buying support earlier this week and briefly broke through $3,400. This round of gains tested key resistance levels on the gold daily chart, but ultimately the bears held their ground.
This is the third time in nearly three months that gold has tried to break through the $3,430 to $3,435 resistance area, but all failed.
📊Technical aspects
Gold’s latest decline this week has brought the price back into a range-bound trading state between key hourly moving averages. This means that the short-term trend has become more neutral.
This shows that the upward momentum has clearly weakened and buyers need to regain short-term dominance before they can hope to challenge the key resistance area mentioned earlier again.
Currently, the 200 hourly moving average near $3,365 provides support to the downside. If the price can hold this level, it will indicate that buyers are still holding on and waiting for the next upside opportunity.
Combined with the current 1H chart trend analysis, there is still a great chance of a bullish pullback in gold in the short term.
💰Strategy Package
Long Position:3360-3365,SL:3340,Target: 3380-3400
Gold fell as expected, can it reverse?📰 News information:
1. Initial unemployment claims data
📈 Technical Analysis:
Gold has made a profit retracement correction as expected. The two-day rising market has led to an overly bullish sentiment in the market. Under this pattern, it is very easy to trigger an unexpected reversal trend, which is often a key opportunity to break the psychological defense line of retail investors in the market.
From the bottom of gold at 3244 to the high of 3439 this week, it can be found that the current 38.2% support position is near 3364. Moreover, the current daily SMA10 moving average position is also near 3364, SMA30 and the middle track of the Bollinger Band are near 3343, and SMA60 is near 3330.
From the daily line, if the daily line can stand above 3364, then there is still a possibility of refreshing the high of 3438 in the future. On the other hand, if the daily line falls below 3364, then 3438 may become the high point in July.
If there is a rebound in the morning, then 3384 in the white session will be the bottom support, and short positions must be participated in the European and American sessions. If the downward trend continues in the morning, there will be an opportunity to participate in long orders around 3370. At the same time, the possibility of further decline and reaching the middle line of 3343 cannot be ruled out. At the same time, if the 4H chart can form a head and shoulders top pattern, then the intraday long rebound point will not exceed 3410.
Therefore, on the whole, if it falls directly, it can be considered to go long when it first touches 3375-3365, and the target is 3390-3400; if the intraday decline is strong, the second trading opportunity is below 3355-3345, and the target is $10-20 before exiting.
🎯 Trading Points:
BUY 3375-3365
TP 3390-3400
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Gold------sell near 3392, target 3370-3350Gold market analysis:
Yesterday, gold in the European and American markets plunged directly. It is cold at high places. Gold has already experienced four big plunges above 3435. From the perspective of form, there is a super pressure there. We also reminded in the analysis yesterday that the rhythm of gold daily lines in the past two days has changed very quickly, and it is all shocks and then quickly pulls up and ends directly. It is basically difficult to follow its rhythm without direct pursuit. The big negative line of the daily line has destroyed the strong support near 3402-3404. This position has been converted into a new strong pressure. Today's idea is to adjust the bearish trend and continue to sell on the rebound. The adjustment of the daily line is not sure whether it is an adjustment of the wave structure, but it can be determined to sell in the short term. We are just a trend follower. Today, gold will not rebound above 3402 and is basically weak.
Gold plunged directly in the Asian session, and the selling force is still relatively strong. At present, the new low strong support of the daily line has not appeared. The next moving average support of the daily line is around 3366. I estimate that there will be a rebound at this position. If the hourly Asian session does not fall and rebounds first, consider continuing to sell it at 3395 and 3402. Gold likes to convert quickly recently. If it stands on 3404, it will be reconsidered.
Support 3374, 3366 and 3350, suppress 3395 and 3402, and the weak watershed before the market is 3395.
Fundamental analysis:
Tariffs have not affected the market recently, and there is no major news released. The market is relatively calm.
Operation suggestion:
Gold------sell near 3392, target 3370-3350
Gold prices plunge in the short term!Market news:
In the early Asian session on Thursday (July 24), spot gold fluctuated in a narrow range and is currently trading around $3,388 per ounce. International gold suffered a fierce sell-off after a sharp rise in the previous two trading days. Media reports said that the United States and the European Union were getting closer to reaching a tariff agreement, and the news hit safe-haven demand. The decline in London gold prices was mainly due to the dual pressure of easing macro-geopolitical tensions and the recovery of risk appetite.Although the Federal Reserve is expected to keep interest rates unchanged, the controversy surrounding the independence of the Federal Reserve is heating up. According to a recent Reuters survey, most economists believe that the Federal Reserve is currently facing unprecedented political pressure, which provides potential medium- and long-term support for gold. However, in the short term, as the resilience of US economic data emerges and market risk sentiment improves, investors are cautious about the Federal Reserve's expectations of a sharp interest rate cut this year, and gold has lost the momentum to further attack.The current market focuses on the progress of trade negotiations between major economies in the world and the upcoming Federal Reserve interest rate meeting. Against the backdrop of the implementation of the US-EU and US-Japan agreements, the short-term safe-haven properties of gold may continue to weaken. In addition, this trading day will usher in the July PMI data of European and American countries, the change in the number of initial jobless claims in the United States, the annualized total number of new home sales in the United States in June, and the interest rate decision of the European Central Bank!
Technical Review:
Affected by Trump's speech, the United States reached an agreement with more trading partners, and the market risk aversion cooled down. Gold plunged sharply to a new low of 3381 in the late trading. The technical daily structure closed with a single negative line, ending the strong form of the continuous positive structure. However, the daily MA10/7-day moving average still maintained a golden cross opening upward, moving up to 3378/67. The price is currently adjusted at the 5-day moving average of 3390, and the RSI indicator is running above the middle axis. The price is in the upper and middle track of the Bollinger band.
The short-term four-hour chart retreated to the middle track of the Bollinger band at 3380 and stopped falling, and the RSI indicator adjusted its middle axis. The moving average high at 3410 opened downward in a dead cross, and the short-term gold price fell into a wide range of shocks. Today's trading strategy is to sell at high prices and buy at low prices. The strategy layout is based on fluctuations. Let's look at the 3366/3416 range first.
Today's analysis:
Yesterday, gold fell straight in the European and American trading hours, with a drop of more than 50 US dollars. The main reason is the impact of European and American tariffs. Last night, the European and American trade negotiations determined a 15% tariff. The market's risk aversion sentiment subsided, causing the gold price to fall. The gold daily line finally closed with a big negative line, and the gold daily line was covered with dark clouds! The rebound during the day is mainly sold at high prices!The high level of the gold 1-hour moving average has begun to turn around. The buying power of gold has obviously suffered a heavy blow under the influence of the news. The short-term high level of gold 1 has also formed a head and shoulders top structure. As long as the gold rebound does not break through 3400, the right shoulder of gold will be completed. Then gold will complete the short-term top structure of the head and shoulders top in the short term, and gold selling will begin to work.
Operation ideas:
Short-term gold 3366-3369 buy, stop loss 3358, target 3390-3410;
Short-term gold 3400-3403 sell, stop loss 3412, target 3380-3360;
Key points:
First support level: 3380, second support level: 3367, third support level: 3353
First resistance level: 3403, second resistance level: 3410, third resistance level: 3420
Gold-----Buy around 3400-3410, target 3430-3450Gold market analysis:
The current highest gold buying has reached around 3438, which is the daily pressure level. This position is the high ground position that has touched the top many times before. The time to buy at these positions will not be long. There have been many dives before. However, as far as the current trend is concerned, the general trend is still buying, and short-term operations still have to buy. The daily buying is still not enough and closed positive again. The daily moving average began to diverge. Today's idea is to follow the buying first. I estimate that gold will enter a large game structure repair below 3451. In theory, short-term buying can be done, but the difficulty of intercepting on both sides will be more. You can keep buying at a low price in the short term. If it breaks 3400, it will turn weak.
Our idea is to find buying opportunities above 3400-3410. The previous pattern was near 3405, and the daily moving average position was near 3390. The time and space for repair will be very large. If it breaks 3400, we need to think about whether it will enter a large technical adjustment.
Support 3400-3405, small support 3409, suppression 3438, 3445, 3451, the strength and weakness dividing line 3402.
Fundamental analysis:
Recently, it is all regular data, there is no big fundamentals and new news that can affect the market.
Operation suggestion:
Gold-----Buy around 3400-3410, target 3430-3450
Gold surges! Gold prices soar!Market news:
In the early Asian session on Wednesday (July 23), spot gold fell slightly and is currently trading around $3,422/oz. Supported by the increasing uncertainty in global trade, the downward trend in U.S. Treasury yields and the weakening of the U.S. dollar, spot gold rose strongly, hitting a five-week high. The market's tension over the August 1 deadline for the implementation of U.S. President Trump's tariffs has intensified, driving safe-haven funds to continue to flow into the international gold market. Investors are focusing on the progress of the U.S. multilateral trade negotiations and the new round of tariffs that the Trump administration is about to launch: while the demand for safe-haven assets has increased, the U.S. 10-year Treasury yield has fallen to a two-week low, further enhancing the attractiveness of non-interest-bearing gold. The global economic slowdown, expectations of loose monetary policy and geopolitical risks will continue to support gold's status as a safe-haven asset. Looking ahead to the market this week, the market focuses on: the Fed's FOMC policy meeting will be held next week. Although the meeting is expected to keep interest rates unchanged, investors have begun to bet on the possibility of a rate cut in October; Fed Vice Chairman Bowman reiterated on Tuesday that the central bank should maintain policy independence, and Powell's upcoming policy meeting may release further signals; in terms of inflation, as signs of tariff costs being transmitted to consumer goods emerge, Powell has previously warned that inflation may accelerate again in the summer.
Technical Review:
Gold maintained its expected bulls and hit a new high yesterday. The daily line maintained a long-term structure of consecutive positive bulls. The MA10/7-day moving average opened upward, and the RSI indicator ran above the central axis. The Bollinger Bands of the hourly and four-hour charts opened upward, the price maintained the middle and upper track channel, and the moving average system opened upward. The idea of gold trading remains unchanged, and the layout is mainly based on buying at a low price and selling at a high price. After a sharp rise last night, gold began to fluctuate at a high level in the second half of the night, and the adjustment was very small, which means that the market is still the strong market. The recent pattern of gold price fluctuations and rises remains. Since it is fluctuating upward, the overall trend of gold today is still biased towards buying, but we need to be alert to the risk of short-term corrections. It is recommended to arrange buy orders based on technical support levels, and pay attention to trade policies and the Fed's trends!
Today's analysis:
Gold buying has been as strong as a rainbow in the past two days, and it is also a buying carnival. Gold is now buying strongly and the momentum is winning. Once the trend is formed, it is necessary to follow the trend. Now the trend of gold buying is very obvious, constantly refreshing the recent highs, so continue to buy gold to the end, and continue to buy if it rises. Continue to buy if it falls during the day!
The gold 1-hour moving average continues to form a golden cross upward buying arrangement. The gold buying power is still there, and gold continues to exert its strength. Gold has risen step by step in the past two days. As long as there is no sharp decline, it is accumulating momentum to attack. The gold support continues to move up. Now it has broken through and stabilized at the 3400 line. If gold falls back to 3400, it can still be bought at low prices.
Operation ideas:
Short-term gold 3400-3403 buy, stop loss 3392, target 3420-3440;
Short-term gold 3438-3441 sell, stop loss 3450, target 3400-3380;
Key points:
First support level: 3412, second support level: 3403, third support level: 3390
First resistance level: 3438, second resistance level: 3450, third resistance level: 3468
Gold breaks new high, expect a pullback in the evening#XAUUSD
After the rapid rise of the previous day, the gold market has fallen into an overbought state, but yesterday's increase of nearly $60 still provided solid support for the bulls. It is expected that the market will show repeated fluctuations in the future⚖️.
In terms of operation, it is recommended to pay close attention to the gains and losses of the 3,400 mark. If it is successfully broken through, it is expected to further test the 3,420-3,425 and 3,450 lines; on the downside, pay attention to the top and bottom conversion support of 3,403📈.
📊At present, you can consider shorting near 3430, defending 3440, and aiming at 3410💡
🚀SELL 3430-3440
🚀TP 3415-3405
Gold is often bullish and bearish, with a focus on the 3411 wate
Gold prices hit a five-week high of $3,439 an ounce on Wednesday before turning lower on profit-taking and a rebound in the dollar. However, from a technical perspective, the path of least resistance for gold prices still appears to be to the upside. Looking ahead, trade and political developments will continue to play a key role in gold price movements, while traders will also be keeping a close eye on the feud between Trump and Fed Chairman Powell.
Why did gold return to $3,400? Reasons explained!
1 As investors continue to focus on U.S. President Trump's August 1 tariff deadline, trade uncertainty and weaker U.S. Treasury yields have pushed gold prices to a five-week high. At the same time, trade uncertainty is also triggering some safe-haven demand.
2 Meanwhile, investors are also preparing for the Fed meeting next week. Although the Fed is expected to keep interest rates unchanged, the market expects that the Fed may cut interest rates in October. Gold is traditionally seen as a hedge in uncertain times and tends to perform well in a low-interest rate environment.
What do you think of today's gold trend!
Today, gold rose to 3439 and then continued to fluctuate sideways. At present, gold has been fluctuating and weakening near 3420. Relatively speaking, the trend is still strong, but the trend has not continued to break through the high point. In this trend, it is actually unwise to chase the rise. At present, we still have to wait for the market sentiment to be fully mobilized before continuing to operate!
The hourly line is still the view of the previous post. Near 3411 is the key position for the second bullish today. Unfortunately, the fluctuation has been fluctuating around 15 points today, and the amplitude of the fluctuation has slowed down. It is still necessary to wait quietly. After all, under the current situation of large repetitiveness, it is not easy to enter the market at a good point and there is a high probability that there will be no good profit margin. If there are other changes later, I will give them in real-time guidance!
Gold: More near 3411, defend below 3403, and the target is 3440-50!
XAU/USD) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of Gold (XAU/USD) on the 1-hour timeframe. Here's a breakdown of the key trading
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Technical Overview
Price: $3,428.71 (currently near the upper consolidation)
EMA 200: Around $3,367.38 (well below price, indicating strong uptrend)
Target Point: $3,468.52
Indicators:
RSI (14): 60.19–62.55 → shows moderate bullish momentum, not yet overbought.
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Key Technical Elements
1. Bullish Breakout Structure:
Price has broken out of a previous range, and is forming a bullish flag or rectangle, which typically leads to continuation higher.
Measured move projection from previous leg (approx. $51.57 gain) targets the $3,468.52 level.
2. Strong Support Zones:
Two yellow zones highlighted:
Upper support level (around $3,415): acting as immediate structure support.
Lower key support (around $3,380): crucial structure level from where the trend initiated.
3. Trend Line Support:
A clearly marked ascending trend line supporting higher lows—indicating bulls are in control.
Expect price to stay above this trend line to maintain bullish bias.
4. Volume & RSI Confirmation:
RSI remains in a bullish zone but isn’t overbought → leaves room for upside.
Volume remains steady, confirming healthy consolidation.
Mr SMC Trading point
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Conclusion & Trade Idea
Bias: Bullish
Entry Zone: On breakout or retest of minor support ($3,415–$3,420)
Stop Loss: Below trendline or below $3,415
Target: $3,468.52
Confirmation: Hold above trendline + RSI staying above 50
This is a classic bullish continuation setup supported by structure, RSI, and trend momentum. Traders could look for buying opportunities on minor dips or trendline retests.
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XAU/USD) breakout analysis Read The captionSMC Trading point update
Technical analysis of (XAU/USD) on the 4-hour timeframe, highlighting a move toward the $3,450 target. Here's the full technical breakdown
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Technical Analysis – Gold (4H)
1. Breakout from Resistance Zone
Price has broken above a key horizontal resistance level (now turned support, marked in yellow).
The breakout is confirmed by a strong bullish candle with momentum, suggesting buyers are in control.
2. Ascending Triangle Formation
Price formed an ascending triangle, a classic bullish continuation pattern.
The breakout above the upper boundary confirms the pattern, projecting a potential measured move.
3. Trendline Support & Higher Lows
The structure shows a rising trendline (black), where price bounced multiple times — confirming a higher low sequence.
The confluence of trendline support + breakout level adds strength to the bullish case.
4. 200 EMA Confluence
The 200-period EMA (3,332.13) has been acting as a dynamic support throughout.
Price retested it earlier in the move, then surged upward — validating trend continuation.
5. RSI Indicator
RSI is at 71.13, entering overbought territory.
This implies strong bullish momentum, but a short-term pullback to retest the breakout level is possible.
6. Target Projection
Target Point: $3,450.90, calculated from the height of the triangle (~61 pts or 1.80%) added above the breakout zone.
A retest of the breakout area (yellow zone) around $3,370–$3,380 could offer a better entry before continuation.
Mr SMC Trading point
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Summary
Bias: Bullish
Current Price: $3,397.62
Support: $3,370–$3,380 zone (previous resistance turned support)
Trend: Higher lows + breakout above resistance
EMA Support: 200 EMA at $3,332.13
Target: $3,450.90
RSI: 71.13 – bullish but near overbought
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Gold safe-haven retreat? It will continue to rise!
Why did gold return to 3,400? Reasons explained!
1 As investors continue to focus on US President Trump's August 1 tariff deadline, trade uncertainty and weaker US Treasury yields have pushed gold prices to a five-week high. At the same time, trade uncertainty is also triggering some safe-haven demand.
2 At the same time, investors are also preparing for the Federal Reserve meeting next week. Although the Fed is expected to keep interest rates unchanged, the market expects that the Fed may cut interest rates in October. Gold is traditionally seen as a hedge tool in uncertain times and tends to perform well in a low-interest rate environment.
Views on today's gold trend!
After two consecutive days of rising this week, the sentiment of gold bulls has basically been ignited. There has been basically no obvious retracement in the past few days. Either it is a slow rise in a row, or it is a direct acceleration of the rise after sideways fluctuations. After the first wave of highs at the opening today, the market is still at a rising node!
The watershed of the retracement on the hourly chart is still the break point of 3403, but it is too far from our current position to enter the market at this position. In addition, the current continuous rise of gold and the turning of the moving average have made the market bulls more aggressive, which means that the previous short-term downward trend has ended. The point of today's retracement layout can focus on the vicinity of 3412!
Gold: Long near 3411, defend below 3403, and target 3440-50!
XAUUSD: Fluctuation of $30/ounce. Do you want to know?Yesterday, I frantically notified followers to buy around 3366-3375, and the market finally rose to 3430. This is a huge profit. I will continue to update it in the Band Trading Center Research Institute later. If you don’t want to miss it, follow me. If you see it but are still not sure how to trade. Then you can leave me a message at the Swing Trading Center Research Institute. I will reply to you one by one when I see it.
This week, some followers have achieved weekly profits of 50%-268%. If your profit is not ideal. Or don’t know how to trade. Remember to like and follow. I will lead everyone to victory.
Buy around 3400-3410. When will it close? I will post the results on the Swing Trading Center. Stay tuned.
The bull market of xauusd continues, buy and wait for the rise.As predicted in the band trading center in advance over the weekend. The daily level trend is still very stable, and the breakthrough trend has been perfectly carried out. The current quotation is 3388. It is only a matter of time before it rises wildly to the position of 3430. The short-term will definitely break through. The current bull market is clear and has huge potential. The limit of the triangle consolidation phase is about to be broken. Then the bulls will continue to rise. Therefore, buying is the key operation plan.
XAUUSD:Retracement is a buying opportunityAfter the Asian market hit the highest position of 3403, there was some decline. The current gold price is 3386. From the short-term trend of the hourly level. It is still fluctuating at a high level. Combined with the trend of the daily level, there are signs of retracement and counterattack. There is no news dominance. It is purely a technical repair after hitting the high. This retracement can pay attention to the support near 3382-3378. The London and New York markets are still based on buying and profit.
Don't chase the bullish trend,wait for the short position layout#XAUUSD
The tariff policy recently announced by the US government is undoubtedly the focus of the current gold market. Trump also tied the tariffs to the trial of former Brazilian President Jair Bolsonaro, adding to policy uncertainty. ⚖️
The implementation of the tariff policy may push up commodity prices, thereby exacerbating inflationary pressure, which is both an opportunity and a challenge for gold📊. On the one hand, rising inflation expectations may enhance the attractiveness of gold as an anti-inflation asset; on the other hand, the strengthening of the US dollar and US Treasury yields may offset this positive. 💡
At present, the lower support has moved up to the 3375-3365 area, where a top-bottom conversion position will be formed. The upper short-term resistance level is 3387-3393, the previous high. If the market touches this for the first time, you can try to see a double top fall.
🚀SELL 3385-3390
🚀TP 3365-3355