SWING TRADE OPPORTUNITY 〉LONGAs illustrated, I try to visualize what the next bullish impulse could look like if price holds 3300 as a key psychological and algorithmic price level.
Illustrated are the potential buy areas (a current one and an extended one in case a pullback occurs to manipulate lower levels in the next 24-48 hours).
This projection, if valid, could hold from now until next week, so it can be considered a swing trade to hold at least the next week and into the following one).
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After this post, I will upload another analysis on the Daily timeframe projecting the longer term move, so make sure to go in my profile to check it out.
GOOD LUCK
Xauusdlong
THE LONG SHOT 〉POTENTIAL OUTLOOKAs illustrated, I'm trying to visualize how a potential continuation impulse could look like during " Bullish July " and toward the end of the year (depending on how aggressive buyers step in; specially central banks and institutions).
As you can see on this Daily chart, price respected a long term trend line + is forming higher lows, funneling into a shorter and shorter range of accumulation.
This is a very strong bullish behavior; when price gets tighter and tighter respecting a resistance level, but making higher lows. It tends to indicate that price is accumulating and "loading" (sort of speak).
Now, analyzing gold from the fundamental aspect, one MUST align those factors with price. In other words: DOES IT MAKE SENSE TO BE BULLISH OR "THINK" PRICE COULD RISE?
Well, ask yourself and do the research on the following (but not limited to) questions:
1. How is the US dollar doing? (Since it is the world's "reserve" currency)
2. Are the interest rates in the USA favoring the economy?
3. How is the world economy as a whole doing?
- inflation in the top world powers and important economies?
4. How is international trade policy looking like for the world?
- Positive or negative? Are countries happy with each other currently, trading without any issues? (Or maybe... there's a tariff war and a trade war goin on?...)
5. Politically speaking, is the general public UNITED or POLARIZED? (politics is a key fundamental aspect for the price of gold, as it either adds to uncertainty and tensions, or it calms things down).
6. Geopolitically speaking (and most importantly); is the "conflict" (war) ending, getting better, resolving? ...
7. Where is the money going and flowing? Black rock, vanguard, and other top hedge funds; where are they investing their money? ( because central banks keep BUYING gold... )
Those are some of many many questions one must study and understand, in order to align the technical aspects of the price of the yellow metal.
If any question/factor DOES NOT POINT to bullishness in price, then the technical and price projection of any analysis starts to have weakness.
On the other hand, if the fundamental factors and questions in play INDEED POINT toward an uncertain situation, adding bullishness to the price, any analysis and bullish projection simply has those aspects to its favor.
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GOOD LUCK!
persaxu
Uptrend at the end of the week 3367, maintain the upward force⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) are on track to notch a third straight day of gains on Friday, climbing toward the upper boundary of this week’s trading range as escalating trade tensions fuel safe-haven demand. In a significant intensification of global trade disputes, US President Donald Trump issued formal notices this week to multiple trading partners, detailing individual tariff rates set to take effect on August 1 should no agreements be reached. This has rattled investor sentiment and weighed on risk assets, offering solid support to Gold.
Meanwhile, expectations for an imminent interest rate cut by the Federal Reserve (Fed) have cooled following last week’s strong US jobs data. As a result, the US Dollar (USD) remains firm, holding near a more than two-week high reached on Thursday. This USD strength could limit the upside for the non-yielding yellow metal in the near term. Therefore, traders may look for a sustained breakout before committing to further bullish positions in the XAU/USD pair.
⭐️Personal comments NOVA:
Gold price breaks 3330, maintaining good buying pressure, recovering at the end of the week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3367- 3369 SL 3374
TP1: $3355
TP2: $3342
TP3: $3325
🔥BUY GOLD zone: $3306-$3308 SL $3301
TP1: $3315
TP2: $3325
TP3: $3338
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
IMPORTANT BREAKOUT 〉BULLS ARE BACKAs illustrated, price has broken out of an important 4H and 1D trend line that had kept price bearish since the beginning of the month.
Yesterday, gold made its way to a ket resistance level and broke it, CLOSING above it in the 4H timeframe, which is a key sign that bulls are back.
An interesting sign is that price bounced from the 61.8 - 67% retracement of the last bullish impulse that had an extended correction.
Should price manage to stay above 3250-3300 next week, , (a very strong psychological and algorithmic price range), the path to a new ATH is well opened and the probabilities arise on its favor.
I try to visualize a potential buy area shown in green, and the invalidation of this idea would be the level from which price has bounced.
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I have been bullish on gold since 2023, ignoring any correction to be a "bearish market" and rather accumulation phases of longer term potential for growth.
The world economy and geopolitical conflict along many other financial macroeconomic data and circumstances, are simply NOT pointing toward a better future, and gold is screaming so by continuing to rise, and central banks back this up by continuing to buy it physically.
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GOOD LUCK
The rebound is under pressure and the retracement is furtherFrom the 4-hour analysis, the support below today is around 3309-16.
The short-term bullish strong dividing line is around 3295-3301. The overall bullish rhythm of high-altitude and low-multiple continues to remain unchanged.
Before the daily level falls below the 3300 mark, any retracement is a long opportunity, and short positions against the trend should be cautious.
Gold’s Chart Update Next Move: Bullish or Bearish?Gold has shown strong bullish momentum 💪 as it breaks through the descending trendline 📉, positioning itself to target the upper liquidity zone 💰. Right now, we have two key scenarios to watch:
1️⃣ Bullish Scenario: If Gold breaks above the 3345 level and closes a solid candle above it 🔝, we could see a move towards 3360 🚀, signaling further upward potential.
2️⃣ Bearish Scenario: However, if Gold sweeps the 3345 zone and fails to maintain the bullish momentum 🔻, we may see a pullback that could push prices lower 📉.
Stay vigilant 👀 and keep an eye on price action for the next big move! 🔍📊
Gold is in the Bearish direction from a Support levelHello 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
XAU/USD 1H Outlook
FVG Fill (3320–3318)
Price is expected to drop into the unfilled Fair Value Gap between 3320 and 3318.
London/NY Liquidity Hunt
After filling the FVG, look for a swift bullish impulse during the London and New York sessions to trigger stop-runs and collect liquidity.
Downward Correction to 3305 & 3298
Once the liquidity grab completes, expect a retracement:
First target: 3305
On a break below 3305, next target is the unfilled FVG at 3298
Summary:
Drop → FVG fill (3320–3318) → Bullish liquidity hunt (London/NY) → Retracement toward 3305 (then 3298)
Beware of bottoming out!Gold short-term analysis; The recent fluctuations of 1-200 US dollars have greatly increased the difficulty of trading for retail investors. It seems that there are many opportunities in a day, but in fact, the big market mainly appears in a few times. If you can't keep up in time, you can only watch the price jump up and down. The most feared thing is not to keep up with the market, but the price returns to the same point, but the principal is gradually reduced.
The gold four-hour line starts to exert force from above the moving average, directly breaks through the support line, and the big negative line directly crushes it. The moving average has a clear downward turn, and the bulls' dream is directly shattered. At present, the big negative line continues to explore, and the high point is also constantly falling. It is also an obvious head and shoulders top pattern. The upper resistance levels are 3330 and 3345, which are also the positions for short entry.
[XAU/USD] GOLD TODAY – PREFER BUY SCENARIO – WAVE 5 COMPLETION🔎 TECHNICAL ANALYSIS
Currently, Gold is moving in Wave 5 of the primary impulse structure. Key price zones have been clearly identified:
🟢 Main Trading Plan: Prefer BUY
✅ BUY LIMIT around: 3312.5
🛡 Stoploss: 3309
🎯 Expected Target:
Short-term: 3336–3342
Medium-term: 3361 (OBS Supply)
Longer-term: Potentially test WEEK HIGH ~3365–3367
Note: 3312.5 is a strong confluence zone consisting of:
H4 FVG
Liquidity Pool
Option data shows concentration of funds at this zone
Wyckoff structure clearly indicates ST (secondary test) at this zone
🛑 SELL Setup – If you're scalping or trading corrective waves:
SELL GOLD WAVE 5 Zone: 3336–3338
SL: 3342
Expect a pullback to 3312.5 before continuing upwards
Scenario: This is a small corrective wave 4 within the larger Wave 5.
📊 CHART 2 – WYCKOFF PHASE C–D SUPPORT
The supplementary chart shows a clear WYCKOFF accumulation model:
Phase C is complete → Currently in Phase D (Markup Phase)
The upward wave from ~3285 has completed 5 small Elliott steps, preparing for a pullback to the support zone (3312.5) before breaking higher.
🌐 MACROECONOMIC NEWS AFFECTING GOLD
🏦 The Fed is expected to keep interest rates high in July with a 93.3% probability → Weaker USD, supporting higher Gold prices
📉 US bond yields are declining, increasing demand for safe-haven assets
🪙 Tether is quietly accumulating 80 tonnes of gold in Switzerland – A signal of the trend toward physical asset accumulation for safety
🧾 FOMC meeting minutes: Most members believe tariffs could have a long-term impact on inflation → Expect Gold to remain positively supported
✅ CONCLUSION
For today and the next few sessions, the BUY GOLD scenario at 3312.5 remains the main strategy, with expectations of movement towards higher levels. Be cautious when the price reaches the 3336–3338 zone, as a small pullback could occur.
"Price doesn't just reflect technicals; it also reflects sentiment – and today sentiment favours the buyers."
📌 SUMMARY TRADING PLAN:
BUY Limit: 3312.5
STOPLOSS: 3309
TP: 3336 - 3361 – 3367
Wave 5 Channel + Liquidity
SELL Scalp: 3336–3338
Stoploss: 3342 - 3312.5
Corrective wave, light scalp
📌 If you're trading Gold this week, remember to set clear SL levels and prefer to wait for a pullback – avoid FOMO at high prices.
Key point layout suggestionsThe current gold market is showing a weak rebound pattern. Although there was a small rebound on Wednesday, if it cannot stand above 3330, the overall trend will still be weak.
From the daily level, the support level is 3300 and the resistance level is 3335. The price is oscillating between the middle and lower tracks of the Bollinger Bands, and there is a possibility of upward or downward breakthrough.
Focus on the H4 cycle trend: if the rebound can stand above 3330, the price may further rise to 3335 US dollars;
Once it stands at 3335, it can be basically confirmed that the callback is over, and the subsequent challenge of 3345 resistance level may be repeated.
It is recommended to adopt a long-on-dip strategy near the support level, focusing on the support strength of the 3310-15 area below; the resistance level of 3335-3340 should be paid attention to above.
In terms of specific operations, if the price rebounds to the 3335-3340 range, short selling can be considered; if it pulls back to the 3310-3315 range, long selling can be considered.
Is Gold (XAU/USD) Ready to Bounce? Bullish Setup on Key TrendlinHi traders! , Analyzing XAU/USD on the 1H timeframe, price is currently bouncing off a long-term ascending trendline, showing signs of a potential bullish continuation:
🔹 Entry: 3318
🔹 Take Profit (TP): 3424
🔹 Stop Loss (SL): 3207
After testing the ascending trendline multiple times, gold is once again showing bullish rejection near support. Price remains above the key trendline and is attempting to form a higher low within the broader uptrend.
The RSI is recovering from oversold territory (currently around 49), which suggests weakening selling pressure and possible buildup of bullish momentum.
If the structure holds, the target at 3424 aligns with a previous resistance area and a natural extension of the upward channel. The risk-reward is favorable with a strong technical confluence backing the setup.
⚠️ DISCLAIMER: This is not financial advice. Every trader is responsible for managing their own risk and strategy.
XAUUSD:Wait for 3315-19 to go long.
The market is experiencing short-term narrow-range fluctuations. There is a certain level of pressure at 3330. I tend to view it more positively as a breakthrough.The trading range for today has narrowed.
Trading Strategy:
BUY@3315-19
TP3329-34
I will closely follow up on every trading strategy I develop. If you are unsure about how to conduct a trade, you can simply come to me for help.
More detailed strategies and trading will be notified here ↗↗↗
Keep updated, come to "get" ↗↗↗
Repeated cycle, timing is keyPrice:
Pressure: 3330/3335 followed by 3345/3350 and then 3365 area
Support: 3310/3315 followed by 3305 and then around 3290/3280
Trend and time point:
The mainstream pattern is more of a sweep, and there are many contradictions in the short-term trend. In terms of space, the current high point with 3365 as the suppression time has not broken the low point and has achieved three downward pressures, namely from 3310 to 3296 and then yesterday's 3 282 area, from the results, it seems to be in a bearish suppression.
Combined with the market trend: after the small double top formed at 3345, the correction confirmed by the white market yesterday was suppressed and maintained a bearish consolidation below 3310. The Asian market fell below 3290 at 3308, and the European market continued to bearishly press down around 3300 and repeatedly tested the 3285/3280 position.
This market has never lacked investors, because its own profits will continue to attract batches of rich people. The law of the market is that the winner is the king and the loser is the enemy. It is constantly eliminating those speculators, those who do not take the rules seriously, do not strictly discipline themselves, do not stop loss and take profit, do not operate in a suitable position, do not control risks, and do not adjust their mentality. In this world, only 20% of people always play a key role, and the remaining 80% are to set off and serve these 20%.
7/9: Focus on Selling Gold on ReboundsGood evening, everyone!
Apologies for the late update today—I had some matters to attend to. I hope your trades are going smoothly.
Yesterday, gold found support around 3284 and continued to rebound during today’s session, reaching as high as 3330. The key resistance at 3321 has now been broken and is currently acting as a short-term support level. However, based on the current price structure, this level is likely to be retested multiple times, and some consolidation may follow.
The next major resistance lies between 3337 and 3343. In the absence of strong bullish momentum, the preferred short-term strategy remains selling on rebounds, especially near resistance zones.
⚠️ Additionally, the U.S. Initial Jobless Claims data will be released during the New York session tonight, which may cause increased volatility and potentially whipsaw price action. Be cautious with position sizing, and avoid emotional trades or chasing price action during news releases. Patience and discipline will be key.
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Analysis Bullish Breakout | Trendline & OB Setup📈 Gold Analysis
We are currently seeing price action within a descending channel, testing key support at the M30 OB (Order Block). The price is pushing higher after bouncing off the support level, and the trendlines suggest a potential breakout to the upside.
💡 Key Levels:
Support Zone: 3326
Resistance Zone: 3342
The market is primed for a possible rally, indicated by the upward momentum and price breaking out above the trendline. Watch for confirmation as we approach the liquidity level for further bullish movement.
⚡ Trade Idea: Look for a long entry if price closes above the trendline for a continuation towards the next resistance.
GOLD Intraday Chart Update For 10 July 25Hello Traders,
as you can see that GOLD is stuck in tight range between 3300-3330 all eyes on clear breakout for now
further only market will break clearly 3345 level then we will consider market will move further advance below 3300 GOLD will move towards 3250
Scalping Range 3300 - 3330 for the short time period
Disclaimer: Forex is Risky