SI1!: Silver Demand Zone: Possible Bullish ContinuationI am currently observing a potential long-term continuation on SI1! Silver (XAG/USD), as the Commitment of Traders (COT) data indicates an increase in positions from both commercial and non-commercial traders. The price is approaching a demand zone on the daily chart, suggesting a possible bullish move.
The recent price action originated from an initial spike in the monthly supply zone, but there’s a possibility that the price could continue to rise further before reaching the next supply zone where a reversal might occur. Given the daily timeframe, I view this setup as suitable for a scalp trade. In my opinion, this presents an opportunity for short-term traders to capitalize on the potential upward movement.
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Metals
Waiting for Gold to Dump| Area Of OpportunityWe can clearly see the overall trend of Gold, which is bearish. As the price action we see bearish FVA (Fair Value Areas/Swing Lows) being run. The anticipation is to wait for the latest Swing low to be ran, before looking for entries.
Why?
Because, the path towards our nearest POI (Point Of Interest) will have a low resistance. Meaning price might expand lower smoothly.
Gold at a Crossroads: $100 Drop Ahead or New All-Time High?Gold is now sitting at a critical decision zone near the $3300 level — a key bank-level area. If we see a daily candle close below this level, I anticipate a minimum drop of 1,000 pips, with the first major support around the $3220–$3200 range. The $3200 level is extremely significant, and I’ll discuss its importance more in future updates if necessary.
On the flip side, if buyers step in and we get a daily close above $3300, I still believe it’s too early to jump into longs. The selling pressure remains quite obvious, and we’ve already seen multiple failed attempts to push beyond this level toward the $3500 all-time high. That tells me the orders at this level might be exhausted.
Personally, I’ll only consider a long position if we get at least a clean 4-hour candle close above $3350.
It’s going to be an exciting week ahead with high-impact data releases including ADP, Core PCE, the Federal Funds Rate — and most importantly, Friday’s NFP.
📌 Stay tuned for updates throughout the week!
Disclaimer: This is not financial advice. Just my personal opinion!!!
Monday market forecast and analysis ideas#XAUUSD
There will be a lot of data next week, such as the 8.1 tariff deadline that I have repeatedly emphasized, the Federal Reserve decision, NFP data, etc. It can be said that it is relatively difficult to analyze purely from a technical perspective, because there is uncertainty in many data, the data results are often non-linearly correlated with market reactions (good news does not necessarily lead to a rise, and bad news does not necessarily lead to a fall), and large fluctuations can easily form oscillating K-lines with long upper and lower shadows. Therefore, the first arrangement for next week is to participate in trading with a light position and avoid letting emotions control your thinking.
The closing price on Friday was near 3337, proving that the short-term judgment on the rebound momentum of gold is correct, so there are two possible situations on Monday.
1. The first thing we need to pay attention to is 3345-3350 to determine whether it constitutes a short-term pressure level. The weekly line closed with a negative cross star. Combined with the monthly line trend, in terms of support, focus on the trend line support near this week's low of 3325. If this position is not broken, the market is expected to usher in a wave of rebound; if it falls below 3325, the bottom may look to 3310 or even 3295 for support.
2. The rebound momentum of Friday continued on Monday, breaking through 3350 first, and then it is possible to reach the previous high resistance area of 3370-3380. If it encounters resistance here, gold will continue to fall and fluctuate, and the target may even be 3310. If the price remains strong and issues such as interest rate cuts and tariffs are imminent, it means that the short-term downward trend has ended and may even set a new high.
The above content is only a forecast for Monday’s market. It will be greatly affected by data and news, and may be adjusted in real time next week based on intraday trends. You can refer to this, but remember not to be swayed by emotions. We will participate with a light position, and the specific trading strategy can wait for my trading signal.
Gold Recovery Setup = Divergence + Support ClusterGold ( OANDA:XAUUSD ) fell to the lower line of the ascending channel and the Support zone($3,350-$3,326) , as I expected in my previous idea .
Gold is currently near a set of Supports .
Supports:
Support zone: $3,350-$3,326
Monthly Pivot Point: $3,333
Potential Reversal Zone(PRZ): $3,339-$3,329
Lower line of the ascending Channel
50_EMA(Daily)
Support lines
In terms of Elliott Wave theory , Gold appears to be completing a bearish wave 5 .
Also, we can see the Regular Divergence(RD+) between Consecutive Valleys .
I expect Gold to rise to at least $3,359 .
Second target: $3,367
Note: Stop Loss (SL) = $3,319
Do you think Gold can break the Support cluster by the end of trading hours?
Gold Analyze (XAUUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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GOLD - SHORT TO $2,880 (UPDATE)Gold 'Sell Trade' running 1,130 PIPS in profit to start the week. I hope you are all taking advantage of this free analysis & profiting from Gold's downside. Amazing move to start the new week, with much more downside expected.
Drop me a message @XTBCAP for Account Management & Investment opportunities✅
Tariffs, Trade Deals, & Central Bank Watch: Key Week in MarketsCME_MINI:NQ1! CME_MINI:ES1! CME_MINI:MNQ1! COMEX:GC1! CME_MINI:MES1! NYMEX:CL1!
This is a significant week in terms of macroeconomic headlines, key data releases, central bank decisions, and major trade policy developments. We get numbers for growth, inflation and decision and insights into monetary policy. Combining this with ongoing trade policy developments, we have a key week which may shape how the rest of the year unfolds.
Below is a consolidated summary of the latest trade negotiations, scheduled economic releases, and policy outlooks.
US - EU Trade Deal:
• US–EU Tariffs: The US will impose a 15% tariff on most EU goods, including cars, semiconductors, and pharmaceuticals, but retain a 50% tariff on steel and aluminium with a new quota system.
• Exemptions: Zero-for-zero tariffs agreed for agriculture, aircraft parts, and chemicals; aircraft exports are temporarily exempt.
• EU Commitments: The EU will invest $600 billion in the US and purchase $750 billion in US energy, mainly LNG.
• Agriculture: The EU will lower tariffs on many US agricultural goods, though not comprehensively.
• Political Reactions: EU leaders are mixed, Germany and the Netherlands praised the deal, France called it unbalanced, and Hungary viewed it unfavorably.
• The deal is not final until it is ratified by all EU national parliaments and the EU Parliament.
China Talks: US and China expected to extend their trade truce by 90 days. US-China meeting expected in Stockholm on Monday and Tuesday. Trump to freeze export controls to secure a deal. A group of US executives will visit China for trade discussions, organized by the US-China Business Council.
South Korea Trade Talks: Korea proposes a shipbuilding partnership with the US and is preparing a trade package.
UK–US Relations: PM Starmer and Trump to meet in Scotland to discuss the UK–US trade deal implementation, Middle East ceasefire, and pressure on Russia.
Thus far, the US has announced trade deals with the UK, Vietnam, Philippines, Indonesia, Japan and The EU. Trade delegations are working to finalize deals with China, Mexico, Canada
Key Economic Data Releases:
Monday: Treasury refunding financing estimates.
Supply: 2-Year and 5-Year Note Auction, 3 & 6-Month Bill Auction
Tuesday: US Advance Goods Trade Balance, Wholesale Inventories Advance, CB Consumer Confidence, JOLTS Job Opening (Jun), Atlanta Fed GDPNow, Australian CPI Q2
Supply: 7-Year Note Auction
Wednesday: German GDP Q2, EUR GDP Q2, US ADP Non-farm Employment, US GDP Q2, Crude Oil Inventories, Chinese Manufacturing PMI
Canada: BoC Interest Rate Decision, Rate Statement, Monterey Policy Report, BoC Press Conference
US: Fed Interest Rate Decision,FOMC Statement, Fed Press Conference.
Japan: BoJ Interest Rate Decision, Monetary Policy Statement
Thursday: EU Unemployment (Jun), US PCE & Core PCE Price Index (Jun)
Japan: BoJ Press Conference
Friday: EU CPI, US NFP, Unemployment Rate, Average Hourly Earnings, ISM Manufacturing PMI, Michigan 1-Year & 5-Year Inflation Expectations.
It is also a busy earnings week. See here for a complete earnings schedule .
Markets are interpreting trade deals as positive news thus far. The dollar is strengthening.
As we previously mentioned, we anticipate no rate cuts this year as economic data proves to be resilient and inflation largely under control. WSJ also posted an article stating that most tariffs costs are being absorbed by companies due to weaker pricing power. We previously wrote about this on our blog: “ In our analysis, the inflation impact of tariffs may not show up until Q4 2025 or early 2026, as tariff threats are mostly used as a lever to negotiate deals. While effective tariff rates have increased, as Trump reshapes how tariffs are viewed, cost pass-through to consumers will be limited in Q3 2025, as companies’ front-loaded inventory helps mitigate the risks of increased tariff exposure.
So, what we have is an interesting development shaping up where, while inflation may rise and remain sticky, it is yet to be seen whether slowing consumer spending will weaken enough to the point where companies must start offering discounts, which would nullify the tariff risk to the end consumer and result in companies absorbing all tariffs. This scenario will see reduced earnings margins leading into the last quarter and early 2026. However, it will materially reduce risks of higher inflation.”
In our view, the US dollar has a higher probability to rally in the short-term i.e., Q3 as markets re-align FX rate differentials. Bond yields stabilize, Equities continue pushing higher, while Gold retraces as previously mentioned. This in our view, is what investors and participants refer to as the Goldilocks scenario. If this plays out as expected we anticipate continued strength with AI, tech, energy and defense sectors outperforming into mid- 2026.
Institutional View: Morgan Stanley
Morgan Stanley also sees no rate cuts in 2025, despite market pricing for two 25 bps cuts. They forecast more aggressive cuts in 2026 due to:
• Tariff-related inflation emerging before labor market deterioration
• Slowing US growth, as fiscal support fades
• Impact of tighter immigration policy and global trade realignment
That said, MS continues to cite longer-term risks to the dollar, including:
• Twin deficits (fiscal + current account)
• Ongoing debate around USD’s safe haven status
• USD hedging activity picking up by international investors
• Strained credibility of the Fed due to tension between Fed Chair and the US Administration
How Fed policy evolves in Q4 2025 and Q1 2026 will depend heavily on the incoming Fed Chair nominee, who is expected to replace Jerome Powell in May 2026. This nomination could significantly influence future policy direction around growth and inflation targets.
XAUUSDXAUUSD trend If the price can still stand above 3249, it is expected that there is a chance that the price will rebound. Consider buying the red zone.
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Gold 30Min Engaged ( Bearish Break Out Entry Detected )Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸Bearish From now price - 3306
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
Pay attention to 3350 gains and lossesGood morning, bros. This morning gold again tested last week's low near 3325. From the chart, gold may continue to rise this week, with tariffs approaching, the Fed's interest rate cut, and NFP data imminent. The current strength and weakness are at 3350-3355. If it can effectively break through and stand above, it is expected to continue to test the previous high point, which is also the long-short dividing point of 3370-3380.
From the daily chart, there is not much change in the operational range of gold in the short term, and the change in the 4H chart is more obvious. After the decline in the early trading, it is now rebounding. There is a possibility of closing positive at the low. If it is directly positive on Monday, then it will bottom out directly at the beginning of the week. If it refreshes the low on Monday, the low point of 3285 will be seen below. Therefore, today's market focuses on the continuity of long and short. Of course, according to the current changes, the biggest possibility is to continue to rebound at the low point, pay attention to the support of 3310-3300 below, and pay attention to the gains and losses of the high point of 3355 above.
XAU/USD | Gold Holding Strong – Watching for Next Bullish Move!By analyzing the gold chart on the 4-hour timeframe, we can see that yesterday, as expected, when the price dropped to around $3357, it faced strong buying pressure and rallied up to $3377. After that, it corrected again, pulling back to $3338 so far, and is currently trading around $3341. If gold manages to hold above $3337, we can expect another bullish move, with potential targets at $3347, $3354, $3364, and $3374.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Gold Price ActionHello Traders,
As you can see, I’ve drawn a trendline based on the 4-hour timeframe. I’ve also marked the demand zone, and if you observe closely, the price has already broken past the inducement levels. This indicates a strong buying opportunity, provided proper risk management is in place.
You can aim for up to a 1:5 risk-to-reward ratio, but always remember to manage your risk carefully – the market has no mercy for complacency.
Wishing you all the best and happy trading.
Thank you!
EUR/USD | Correction Near Key Demand – Watching for Rebound!By analyzing the EURUSD chart on the 4-hour timeframe, we can see that after the last analysis, the price started a correction and is currently trading around 1.17150. I expect that once it enters the 1.16780–1.17100 zone, we could see a rebound from this key demand area. If the price holds above this zone, the next bullish targets will be 1.17370 as the first target and 1.17730 as the second.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XAUUSD: Market Analysis and Strategy for July 28Gold technical analysis:
Daily chart resistance level 3375, support 3310
4-hour chart resistance level 3350, support 3320
1-hour chart resistance level 3345, support 3325.
Gold, after hitting the 3438 area last week, saw a sharp adjustment, falling to around 3323, a drop of about $120, and there is no sign of stopping the decline in the short term. The next step may be to test the previous starting point of 3310. If it holds here, it is expected to bottom out and rise. If it falls below this position, the market will increase its selling behavior, and the short-selling target will be near the daily Bollinger lower rail 3285.
For the intraday market, the important position below is around 3310. Today's Asian market opened at around 3323, and then quickly rose. As of now, the highest reached 3345, and it still did not break through the high point of the US rebound on Friday near 3347. In the day, you can rely on today's low point near 3323 to be bullish, pay attention to the resistance of 3347/51. If the gold price is difficult to break through, you can consider selling. If the rebound breaks through the 3347~3351 area, the short-term will turn bullish.
BUY: 3325near
BUY: 3310near
SELL: 3345near
XAUUSD Does it need to test the 1D MA100 first?Gold (XAUUSD) is attempting to break below its Triangle formation just 4 days after marginally breaking above it. This has invalidated that pattern so after breaking also below its 1D MA50 (blue trend-line), it could technically go for a 1D MA100 (green trend-line) test for the first time since January 06 2025.
If it does, there will be more probabilities for a stronger than before rebound to make a new High. Our Targe is the 2.0 Fibonacci extension at $3620.
Keep also an eye on the 1D RSI Buy Zone, which has been giving the most optimal buy signals since April 07 2025.
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Market forecasts are completely accurate, trading signals#XAUUSD
After opening today, gold tested the lowest point near 3324 and then rebounded, which is in line with my prediction of gold trend last night. Next, we need to pay attention to whether the upper 3345-3350 constitutes a short-term pressure level. If you are aggressive, you can consider shorting at 3345-3350, with the target at 3330-3325. Continue to hold if it falls below 3325, and stop loss if it breaks above 3350. After it breaks above, you can consider following up with a long order to close the position at 3360-3370. Short once at 3370-3380 for the first time, and stop loss if it breaks above 3380.
🚀 SELL 3345-3350
🚀 TP 3330-3325
🚀 BUY 3352-3355
🚀 TP 3360-3370
🚀 SELL 3370-3380
🚀 TP 3345-3325-3310
Be sure to study my trading strategy carefully. If you only look at the price points, you will definitely suffer certain losses. Participate in the transaction at the right time based on your own account funds and set stop losses.
GOLD - Price can continue to decline to support levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
After exiting a prior wedge formation, the price entered a prolonged phase of sideways movement.
This established a wide flat channel, with a clear resistance zone near $3400 and a strong support base around $3255.
For an extended period, the asset rotated within this range, making several attempts to breach both the upper and lower boundaries.
The most recent rally was forcefully rejected from the resistance area at $3400, indicating strong selling pressure.
This rejection initiated a significant downward impulse, which has now positioned the price in the lower half of the consolidation range.
I expect that after a brief upward retest, the bearish momentum will resume, pushing the price down to its primary target at the $3255 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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Gold Update 28 JULY 2025: On The EdgeGold is accurately following the path shown in my earlier post.
Wave D respects the triangle rules, staying below the top of wave B.
Wave E appears nearly complete, even piercing the A–C support line.
This is acceptable as long as wave E stays above the wave C low at $3,251.
Keep a close eye on this invalidation point.
The target range remains unchanged: $3,900–$4,300.
When Gold Believers Flip – Uncle Jimmy, Silver & New Safe Havens💰📉 When Gold Believers Flip – Uncle Jimmy, Silver, and the New Safe Havens 🧠🔄
Let me tell you a story that says more than any chart ever could.
📜 Meet Uncle Jimmy (from Canada) . He’s not really my uncle, but out of respect, that’s what I call him.
A true OG — early stockbroker, big mustache , 20+ apartments, a life built on commissions, charts, and one sacred truth: '' Gold never lies. ''
He's bought gold at every dip, every crisis, every whisper of war or inflation.
But now?
“I’m thinking of selling gold to buy silver.” ( WHAT?! 😳👀💥)
That’s it. That’s the moment.
📉 A gold maxi flipping into silver. A generational pivot.
And that’s the real divergence the chart doesn’t always show.
⚖️ Macro Sentiment Rotation:
📊 Gold
Sitting on crucial support. Breakout potential to $3,465+ remains — but divergences (OBV, CMF) are stacking. A breakdown? Targets stretch down to $3,000 or even $2,716.
🪙 Silver
Just hit $38.14 — now eyeing the legendary $49.83 ATH from 1980. Legacy capital rotating in. Silver’s moment? (My chart says 'wait a bit'...divergences!)
💻 NASDAQ/Tech
Some now call it the “new safe haven” — not because of bonds, but because of trust in corporate resilience vs. geopolitical chaos. When Nasdaq rises, silver often outperforms gold — risk appetite returns, and so does industrial metal demand.
₿ Bitcoin
And then there’s Bitcoin…
The safe haven that legacy minds still don’t trust.
I told Uncle Jimmy to buy it at:
→ $4,000
→ $18,000
→ $45,000
→ Even $70,000.... I stopped doing that at some point, he just wouldn't get it, or wouldn't make a move into the 'crypto unknown'. Respect!
So...He never did. Maybe Bitcoin just became what gold once was — but for the next generation. Not for Big Jimmy.
🧠 What to Watch:
Sentiment is shifting
Safe havens are evolving
Charts show structure — but stories show psychology
Whether you're long metals, crypto, or tech — the key is knowing when beliefs break and rotations begin.
Watch price. Listen to sentiment. And never underestimate Uncle Jimmy.
What would you tell Jimmy today if he was your uncle? Let me know below!
One Love,
The FX PROFESSOR 💙
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HelenP. I Gold can continue to decline to support zoneHi folks today I'm prepared for you Gold analytics. If we look at the price chart, we can observe a significant shift in the market structure, highlighted by the recent decisive break of a long-standing ascending trend line. This event suggests that the previous bullish momentum has been exhausted and that sellers are now taking control. The bearish case is further strengthened by the price trading below the key horizontal zone around 3375, which previously acted as support during the consolidation phase and is now poised to act as strong resistance. My analysis for a short position is built on this structural change. I believe that any attempt by the price to rally back towards the broken trend line or the 3375 resistance zone will likely be met with significant selling pressure, confirming the new downward trend. A rejection from this area would be the key condition validating the bearish bias. Therefore, the primary goal for this developing downward impulse is set at the 3305 level, as this aligns with the next major support zone where the price is likely to find its next pause. If you like my analytics you may support me with your like/comment.❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
XAUUSD - Gold is in for a big week?!Gold is trading below the EMA200 and EMA50 on the 4-hour timeframe and near the bottom of its medium-term ascending channel (breakout or no break is yet fully confirmed). A correction towards demand levels would provide us with a better risk-reward buying position, and if it rises, we could consider shorting it in supply levels.
In the past week, gold experienced two distinct phases in its price movement: a strong upward trend in the first half that stalled at key resistance levels, leading the market into a more cautious mode. The latest surveys reveal a clear division among gold analysts—some foresee a bearish outlook, while others prefer to remain neutral and wait for further signals. Meanwhile, retail traders remain optimistic about gold’s short-term trajectory and emphasize the continuation of its upward trend.
Analysts at Commerzbank believe the gold market is currently directionless and searching for a clear trend. In their view, recent news around potential trade agreements has weakened demand for gold as a safe-haven asset. They have adopted a neutral stance in the short term, stating that gold prices are near their upper limit with limited room for further gains at the moment.
Conversely, some experts are confident in the continuation of gold’s bullish trend. Rich Checkan, President and CEO of Asset Strategies International, declared: “Gold is in an uptrend. Today’s pullback is setting the stage for next week’s rally. If the Federal Open Market Committee (FOMC) meets expectations and holds rates steady, both gold and silver will keep climbing. And if the Fed exceeds expectations by cutting rates, we’ll see an even stronger surge in both metals. Either way, the direction is upward.”
At the same time, other analysts remain cautious about the trend’s sustainability. Mark Leibovit, editor of VR Metals/Resource Letter, warned that the U.S. dollar may be forming a bottom, which could exert downward pressure on gold and calls for increased caution from investors.
Despite continued political pressure from President Trump, the Federal Reserve is not expected to lower interest rates at the upcoming meeting. Central bankers have stated that they want to observe the economic effects of tariffs before making any adjustments. Although some Fed officials are moving away from the “wait and see” approach, analysts still believe the Fed will leave rates unchanged this week—though markets are closely watching for any signals suggesting that rate cuts could begin as early as September.
Meanwhile, China’s gold consumption in the first half of 2025 declined, though the drop was less severe than in previous years. The primary reason was increased demand for gold as a safe-haven investment, which partially offset reduced jewelry purchases due to high prices.
According to data from the China Gold Association, a government-affiliated body, gold consumption fell by 3.54% year-over-year in the first half of the year to 505,205 tons. In comparison, Q1 saw a 5.96% annual decline, and the same period in 2024 recorded a 5.61% drop.
The association stated that growing geopolitical tensions and ongoing economic uncertainty have strengthened gold’s role as a store of value and safe asset, prompting a significant rise in private investment in bars and coins.
Gold bar and coin purchases—a key indicator of safe-haven demand—surged by 23.7% to 264,242 tons, accounting for 52% of total consumption and overtaking jewelry as the largest consumption segment. Meanwhile, gold jewelry demand fell by 26% to 199,826 tons, reflecting weakened consumer interest due to high prices.
Still, the association noted that lighter jewelry products with unique designs and higher value-added features remain popular. Additionally, official data from the People’s Bank of China (PBOC) showed that the central bank increased its gold reserves in June for the eighth consecutive month.
On the supply side, domestic gold production fell by 0.31% year-over-year to 179,083 tons in the first half of the year, while output from imported sources rose by 2.29% to 76,678 tons. Altogether, China’s total gold production grew by 0.44%, reaching 252,761 tons.
Silver bullish flag developingThe Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3686 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3686 would confirm ongoing upside momentum, with potential targets at:
3814 – initial resistance
3865 – psychological and structural level
3920 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3686 would weaken the bullish outlook and suggest deeper downside risk toward:
3645 – minor support
3590 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Silver holds above 3686. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Gold protracted consolidation The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3308 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3308 would confirm ongoing upside momentum, with potential targets at:
3387 – initial resistance
3400 – psychological and structural level
3435 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3308 would weaken the bullish outlook and suggest deeper downside risk toward:
3290 – minor support
3268 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Gold holds above 3308. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.