Whether gold can hold low is the key.Yesterday, the market fluctuated in a narrow range and corrected around 3402 and then went up to 3383. After repeated sideways movement, the market realized a sprint to 3400 and further accelerated to 3420. The daily line continued to close positively. Pay attention to the following points in the intraday layout;
First of all, from the perspective of the market pattern: after breaking through the wide sweeping space of 3300 as support and 3375 as suppression, the daily line structure showed a continuous rise and stabilized above 3400, and the space gradually moved upward. In the daily line structure, the Bollinger Bands have shown signs of opening upward, which means that the current wind direction is biased towards the bullish direction; under the premise of a biased direction, the operation is to follow the main low and long; the problem that needs to be considered in the short term is how the rhythm shows the switching relationship between direction and adjustment and the reverse The rebound pace (strong rise or more sweeping) are all points that need to be considered in the short term;
Price:
Pressure: 3438/3440, followed by 3450, then 3470 and above 3500
Support: 3415, followed by 3405/3400, then 3380.
Trend and time point:
Previously, it repeatedly swept widely with 3375 and 3300 as support, and finally achieved an upward breakthrough of the 3375 sweeping barrier this week. The daily line showed three consecutive positive climbs above 3400. From the corresponding daily line structure, the Bollinger band has shown signs of opening upward, and the moving average is also slowly rising, that is, the current trend is more bullish; under the premise of a slight tendency in the direction, the oscillation is mainly bullish and is confirmed.
Xauusdupdates
Don't chase gold at high levels, buy more when it falls back to From the 4-hour analysis, today's support is around 3400-10. If the intraday retracement relies on this position, the main bullish trend remains unchanged. The short-term bullish strong dividing line focuses on the 3380 mark. If the daily level stabilizes above this position, the rhythm of retracement will continue. Short positions against the trend should be cautious.
Gold operation strategy:
Gold retracement to 3400-10 line to go long, retracement to 3390-95 line to cover long positions, stop loss 3379, target 3435-3440 line, continue to hold if it breaks;
XAU/USD Chart Analysis: Bulls Break Important ResistanceXAU/USD Chart Analysis: Bulls Break Important Resistance
When analysing the XAU/USD chart last week, we:
→ noted that the ADX indicator had reached its lowest level since the beginning of 2025 – a clear sign of declining gold price volatility;
→ highlighted the formation of a large-scale triangle with its axis around the $3,333 level, bounded by a resistance line (marked in red) and the lower boundary of the ascending channel.
Since then, the price has climbed above $3,400 – reaching its highest level since mid-June. According to media reports, the uptick in demand may be driven by escalating geopolitical risks, renewed optimism regarding potential monetary policy easing in the US, and consistent gold buying from central banks.
This suggests that the balance has shifted in favour of the bulls, who have made an attempt to break through the resistance line – an attempt that, so far, appears promising and points towards a potential resumption of the upward trend.
However, today's XAU/USD chart shows that the bulls are now facing a key resistance level at $3,440 – a level that has reversed gold prices downward both in May and June. What will happen in July?
It is possible that, following a prolonged consolidation near the lower boundary of the channel, the bulls have built up sufficient momentum to finally break through this critical level and push gold prices towards line Q, which divides the lower half of the long-term channel into two quarters.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Seize the opportunity to go long when the price falls backFrom a technical analysis, the current bullish trend is clear and has continuity. In recent trading days, the market has shown the characteristics of "easy to fall but difficult to rise". Even if there is a correction, it is difficult to sustain. The price will rise quickly after a slight adjustment. Therefore, going long with the trend has become the core strategy, and any decline is an opportunity to arrange long orders. In terms of support, the daily level near 3400 constitutes a key support. If the price is close to this area, you can arrange long orders; the hourly level near 3420 also has a supporting role, which is suitable for entering the market to go long. For short-term operations, Mr. Weng suggested waiting for the price to rebound above 3450 before considering shorting in the short term. Judging from the current strong pattern, if 3450 is effectively broken, it is only a matter of time before it will rise to 3500. Therefore, it is not advisable to be overly bearish. Strict stop loss and trend trading are the prudent strategies.
XAUUSD 30-Min Chart Analysis: Bullish Move Toward Resistance This 30-minute chart of XAUUSD (Gold vs. USD) shows key support and resistance levels. The price is currently around 3,422.615. Resistance is marked at 3,447.337, while the first and second support levels are at 3,412.474 and 3,404.985, respectively. The chart suggests a potential bullish move toward resistance.
XAU/USD 23 July 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
You will note that price has targeted weak internal high on two separate occasions forming a double top which is a bearish reversal pattern. This is in-line with HTF bearish pullback phase.
Remainder of analysis and bias remains the same as analysis dated 23 April 2025.
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
H4 Timeframe - Price has failed to target weak internal high, therefore, it would not be unrealistic if price printed a bearish iBOS.
The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price.
As per my analysis dated 22 May 2025 whereby I mentioned price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe despite internal structure being bearish.
Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback.
Intraday Expectation:
Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,451.375.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
CFD XAU/USD - 5m Buy Setup# 🟦 CFD XAU/USD - 5m Buy Setup
**Market:** CFD XAU/USD
**Timeframe:** 5 Minutes (M5)
**Direction:** 🔵 BUY
---
## 📌 Setup Details
- **Entry Zone:** Inside the blue arrow structure (curved shape detected)
- **Pattern:** Bullish curve + upward break of micro-structure
- **Bias:** Buy after confirmation of support on blue arrow structure
- **Context:** Momentum pickup after prior liquidity sweep
---
## ✅ Trade Levels
- **Entry:** At the retest of the curved zone (preferably lower wick tap)
- **Stop Loss (SL):** Below the curve base – approx. `SL: XX.XX`
- **Take Profit 1 (TP1):** Reaction to intraday high – approx. `TP1: XX.XX`
- **Take Profit 2 (TP2):** Next visible supply / FVG zone – approx. `TP2: XX.XX`
- **Take Profit 3 (TP3):** Breakout continuation target / 1:3 RR level – approx. `TP3: XX.XX`
---
## 📈 Notes:
- Ensure confirmation via bullish engulfing / momentum candle before entry.
- Avoid chasing — wait for price to tap into demand with low volume.
- Align with overall bias (check higher timeframe 15m or 1h).
---
*Posted by @Persiaux_King 👑*
3400 has been reached, wait patiently for a pullback to go longGold opened on Monday with a volatile rise. After breaking through the 3360-65 area, the bulls turned strong. After breaking through the 3375~80 area in the evening, the bulls accelerated their rise, reaching the highest point of 3402. It fluctuated sideways in the late trading, and the daily line closed at around 3397 with a big positive line! Gold temporarily broke the small range oscillation pattern, but the bulls were not strong, and it still fluctuated upward.
From the perspective of the intraday cycle, after yesterday's rapid rise, the market fell into a serious overbought state; however, yesterday's $60 big positive line supported the bulls, and it is expected that the market will fluctuate; the next focus is still the 3400 mark area. The pressure in the 3400~05 area was dense last night, and adjustments may be made at any time before the breakthrough; and since the rise of 3282, it has just touched the upper edge of the parallel channel. The big sweep will continue, but the range is constantly changing!
So although gold broke the recent volatility yesterday and hit the 3400 mark with a big positive line; however, if it cannot stand above it, then it will continue to fall; recently we have repeatedly and many times emphasized the importance of the 3400 mark. If it stands here, the market will gradually rise to 3420~25 and break through to the 3450 area before looking for a decline.
Today we will continue to focus on the 3400 mark area. First, we will rush to the high altitude, with the goal of retracement to the 3375 and 3356 regional support platforms, and then pay attention to long opportunities; if the bulls stand above the 3400 mark, they will further bullishly impact 3420~25 and break through the 3450 area before falling back.
OANDA:XAUUSD
Gold Faces Key Fibonacci Resistance Is the Bullish Momentum FadiTrend Structure: Gold remains in a short-term bullish structure, with a clear series of higher highs and higher lows. However, price action shows signs of hesitation near a critical Fibonacci extension zone.
Key Resistance Zone:
$3,428 – $3,438: This area aligns with the 0.618 Fibonacci extension at 3,428.59 and the 0.0 level at 3,438.56, forming a confluence resistance zone that has started to trigger selling pressure.
Immediate Support Levels:
$3,422.62: The 1.0 Fibonacci extension, serving as the first support on a minor pullback.
$3,408 – $3,410: A potential bounce zone combining short-term trendline support and prior consolidation structure.
Fibonacci & Price Waves: The recent bullish leg from $3,330 to $3,438 has completed a 3.618 extension (noted at $3,330.91 on the purple projection). This increases the probability of a corrective retracement.
EMA & RSI (suggested for confirmation): EMA20 (not shown) should act as a dynamic support. Watch RSI for potential overbought signals or bearish divergence if it crosses above 70.
Trade Setups to Watch: Scenario 1 – Short Setup at Fibonacci Resistance Entry: $3,428 – $3,432, only if price action confirms rejection (e.g., bearish engulfing, pin bar)
Stop Loss: Above $3,438
Take Profit 1: $3,422
Take Profit 2: $3,410 (if trendline breaks)
Scenario 2 – Buy Setup on Pullback Entry: Around $3,408 – $3,410 upon bullish price action confirmation
Stop Loss: Below $3,400
Target: $3,428
Final Thoughts: Gold is approaching a strong resistance zone, and short-term pullback is likely unless bulls break through $3,438 with momentum. Traders should stay patient and wait for confirmation signals before entering. Remember: discipline beats impulse.
Follow for more updated strategies during the US session. Save this idea if you find it helpful! Let’s discuss your view in the comments below.
XAU/USD: Bearish Rejection at $3,432 – Short Setup in Play🔴 XAU/USD – Bearish Rejection at Key Resistance Zone ($3,432)
🔍 Technical Outlook
Gold (XAU/USD) failed to break through the $3,429–$3,432 resistance zone, which aligns with a descending trendline (TL1) and prior swing high. The rejection from this confluence zone is reinforcing bearish pressure, with price now carving out lower highs on the 4H timeframe.
A clean break below $3,412 would confirm bearish continuation and open the door toward the $3,400 area, followed by the demand zone at $3,368–$3,365.
🔻 Short Setup
Entry: 3,432
Stop Loss: 3,436
Take Profit 1: 3,412
Take Profit 2: 3,396
R\:R Ratio: ≈ 1 : 6.95
Invalidation: Close above 3,436
📌 Key Levels
Resistance: 3,429 – 3,432
Support 1: 3,412
Support 2: 3,368 – 3,365
Trendline: Long-term descending resistance acting as ceiling
📘 Summary
Gold remains capped beneath a critical resistance cluster. The rejection around $3,432 could trigger a deeper pullback toward $3,396, especially if sellers push price below $3,412. Bearish bias remains valid while price holds under the trendline.
📉 Bias: Bearish
📈 Confirmation Trigger: Break below $3,412
⚠️ Invalidation Level: Above $3,436
GOLD Intraday Chart Update for 23 July 25Hello Traders
First of all i hope you were enjoying yesterday move with 400 Pips Reward
For today we have 3400 Psychological remains in focus if market breaks below 3400 then it will move towards 3364-76 zone otherwise we are remain buyers above 3400 Level
Strong Resistance zone for intraday is at 3445-3465 if market cross 3465 the it will move towards ATH test which is around 3500
Disclaimer: Forex is Risky
Gold Spot / U.S. Dollar (XAUUSD) - 4 Hour Chart (OANDA)4-hour chart from OANDA displays the price movement of Gold Spot (XAUUSD) from late July to early August 2025. The current price is 3,426.260, with a recent decrease of 5.185 (-0.15%). The chart shows a buy price of 3,426.580 and a sell price of 3,425.950, with a resistance level around 3,460.530 and support near 3,410.282. The data reflects trading activity as of 01:54:22 on July 23, 2025.
Elliott Wave Analysis – XAUUSD July 23, 2025________________________________________
🔍 Momentum Analysis:
• D1 Timeframe: Daily momentum is showing signs of a potential bearish reversal. We need to wait for today’s daily candle to close to confirm this. It signals that the bullish momentum is weakening.
• H4 Timeframe: Momentum is turning down. It may take around 2 more bearish H4 candles to push momentum into the oversold zone → suggesting continued downside movement today.
• H1 Timeframe: Momentum is already in the oversold zone and the indicators are “clinging” together → implying possible continued minor declines or sideways movement.
________________________________________
🌀 Elliott Wave Structure Update:
• On the H1 chart, a 5-wave structure (yellow) is unfolding.
o Wave 3 (yellow) appears completed, supported by a clear 5-wave internal structure in blue.
o The market is currently in Wave 4 (yellow) – a corrective move.
🔸 Potential Wave 4 (yellow) targets:
• Target zone 1: Around 3412
• Target zone 2: Around 3402
📌 Once Wave 4 (yellow) completes, we anticipate the market will form Wave 5 (yellow).
🔸 Projected Wave 5 (yellow) targets:
• TP1: 3461
• TP2: 3492 (in case of an extension)
________________________________________
🔄 Combining Momentum & Wave Structure:
• The potential bearish reversal in D1 momentum suggests the current bullish trend may be nearing its end – consistent with Wave 5 being the final push before a broader correction.
• H4 and H1 momentum support the ongoing correction in Wave 4.
✅ Wave 4 typically takes the form of a zigzag, flat, or triangle → Wait for a strong bullish H1 candle to confirm the end of Wave 4 and initiate a buy entry.
________________________________________
📊 Trade Plan:
🟩 Buy Zone 1:
• BUY ZONE: 3414 – 3412
• SL: 3407
• TP1: 3439
• TP2: 3461
• TP3: 3492
🟩 Buy Zone 2:
• BUY ZONE: 3403 – 3401
• SL: 3393
• TP1: 3439
• TP2: 3461
• TP3: 3492
xauusd:3450-3500?Combined with the trend of the US dollar index, the probability of continuing to fall in the short term is high. Today, the manufacturing industry is significantly bullish for gold prices, which is expected. Powell's speech in an hour will be the key factor in today's New York market.
The pressure of interest rate cuts is imminent. Will Powell continue to insist on not cutting despite all objections? This is what we need to pay attention to. Make two plans. First, continue not to cut interest rates, the US dollar will be supported, and gold will retreat. If there is a retracement of 3400-3410 points, it needs to be paid attention to. Second, it is not discussed. Or interest rate cuts are beneficial to gold prices. This is the driving force for gold prices to hit 3500-3450.
To be honest, the conclusion of the Band Trading Center Research Institute tends to the latter. So if you buy, you need to set TP/SL strictly.
Gold (XAU/USD) 4‑Hour Technical Analysis: July 23, 2025Gold continues to trade in a bullish structure on the 4‑hour timeframe, holding above $3,420 after a steady advance from early July lows. At the time of writing, XAU/USD stands at $3,423.8, confirmed by Investing.com. This analysis employs a comprehensive blend of globally‑recognized technical tools — ranging from price action and classical indicators to institutional concepts — to identify the most probable trading zones and a high‑conviction setup.
Current Price Structure and Trend
On the 4‑hour chart, gold maintains a clear bullish market structure, consistently printing higher highs and higher lows since early July. The current price action unfolds within a well‑defined rising channel, bounded approximately between $3,400 on the lower side and $3,450 on the upper. Twice in the past week, price has tested and respected the channel’s lower boundary, confirming its validity.
Support and resistance levels are evident: immediate support lies at $3,410, coinciding with the 50% Fibonacci retracement of the July impulse wave. Below that, $3,390–$3,395 offers secondary support at the channel’s base and a longer‑term Fibonacci cluster. Resistance is concentrated at $3,445–$3,450, aligning with the channel top, upper Bollinger Band, and prior swing highs, while a secondary ceiling may emerge near $3,468–$3,470, corresponding to an Elliott Wave 3 extension target.
Candlestick, Volume, and Momentum
Recent price action has been supported by bullish candlestick formations. Notably, a strong bullish engulfing bar formed at $3,410 earlier this week, affirming institutional demand at that level. Volume profile analysis shows the heaviest transaction cluster between $3,410–$3,420, confirming this area as a smart money accumulation zone.
Volume‑weighted average price (VWAP ) currently runs near $3,418, with price holding above it, reflecting institutional positioning in favor of the bulls. Momentum indicators support the trend: MACD on the 4‑hour has just crossed bullish, RSI prints at 60 — strong but not overbought — and ADX climbs to 24, indicating a trend strengthening phase.
Indicators, Patterns, and Institutional Concepts
Trend indicators reinforce the bullish view. The 50‑ and 100‑period exponential moving averages converge around $3,415–$3,420, providing dynamic support. Ichimoku analysis shows price well above the Kumo (cloud), with a bullish Tenkan‑Kijun configuration. Bollinger Bands are widening, and price is leaning toward the upper band — a classic signal of volatility expansion in trend direction.
Classical and harmonic patterns offer further evidence. The current consolidation resembles a bull flag, suggesting continuation. Elliott Wave analysis points to a third wave in progress, with an upside projection into the $3,448–$3,468 area. Smart money concepts confirm that the recent break above $3,420 constituted a bullish break of structure (BOS), with price now retracing into a favorable gap (FVG) and a 4‑hour bullish order block anchored around $3,410–$3,415.
Liquidity and stop‑clusters likely sit above $3,445 and $3,468, making these logical targets for bullish campaigns.
Market Context and Sentiment
Gold is benefiting from a softening US dollar and a drop in volatility indexes. Seasonal tendencies also lean bullish into late summer. Sentiment on professional platforms aligns with this view: TradingView top authors and FXStreet analysts favor buying pullbacks into $3,410–$3,415 and targeting $3,450–$3,468, which harmonizes with this analysis. No major divergence from consensus is noted, adding to confidence.
Identified Trading Zones
Two strong buy zones emerge on the 4‑hour chart. The most immediate and highest‑confidence zone is $3,410–$3,415, supported by channel support, Fibonacci retracement, VWAP, moving averages, and an order block. Below this lies a secondary buy zone at $3,390–$3,395, tied to deeper Fibonacci support and the rising channel’s lower boundary.
On the other hand, clear sell zones are defined at $3,445–$3,450, where upper channel resistance, Bollinger bands, and prior highs converge, and a secondary zone at $3,468–$3,470, aligned with wave targets and round‑number psychological resistance. These areas are likely to attract profit‑taking and potential reversals.
The Golden Setup
Among the findings, one trade stands out as the highest‑conviction setup:
A long position at $3,415, with a stop loss at $3,405 and a take profit at $3,450.
This trade is backed by strong confluence: price pulling back into a well‑defined demand zone ($3,410–$3,415) that features order block support, Fibonacci retracement, VWAP alignment, EMA cluster support, and a rising channel boundary. The target sits just below the first significant resistance band ($3,445–$3,450), offering a favorable risk‑to‑reward ratio. The confidence level on this setup is rated at 8/10, given the multi‑method alignment and consistent sentiment from professional sources.
Summary Table
Category Levels / Details
Buy Zones $3,410–$3,415, $3,390–$3,395
Sell Zones $3,445–$3,450, $3,468–$3,470
Golden Setup Long @ $3,415 / SL $3,405 / TP $3,450 (Confidence: 8/10)
In conclusion, gold maintains a constructive technical outlook on the 4‑hour timeframe. The prevailing bullish structure, reinforced by classical and institutional methodologies, supports a continuation toward the $3,450–$3,468 region. The suggested Golden Setup provides a disciplined, high‑probability entry at a key inflection zone, consistent with both technical evidence and prevailing market sentiment.
Price channel break. Will the downtrend take place?✏️USDCAD broke the price channel and started forming a bearish wave. The resistance zone of 1.370 played an important role in starting the bearish wave. 1.365 is the immediate support zone that the pair faces. If it wants to extend the decline, it needs to close the h1 candle below this price zone. The convergence between the trendline and the resistance of the Asian session will be a reliable support point for a downtrend to take place.
📉 Key Levels
Support: 1.365-1.356
Resistance: 1.370
SELL Trigger: Rejects bellow 1.370
SELL DCA Trigger: Break support 1.365
Target 1.356
BUY Trigger: Break and trading above resistance 1.370
Leave your comments on the idea. I am happy to read your views.
Gold Update – Strong Breaks, Strong BullsYesterday, after the break of the key 3370 resistance, Gold corrected slightly toward 3383, then consolidated briefly in that area. From there, it launched into a strong new leg up, closing the day once more near the highs, around 3430.
📌 What’s important here is that the price did not even come back to retest the broken resistance — now turned support. Combined with the strong daily close near the high of the range, this gives us a clear message:
➡️ Bulls are in full control.
________________________________________
🔍 This Week – Three Key Breaks
So far this week, Gold has delivered three major breakouts:
• ✅ A clean breakout from the box consolidation that kept price stuck and indecisive last week
• ✅ A decisive break above the 3400 psychological figure
• ✅ A breakout above the symmetrical triangle resistance, which had been forming since late April
Each of these is significant on its own. Together, they suggest a shift toward a more aggressive bullish scenario.
________________________________________
🔮 What’s Next?
All these breakouts point to the potential for more gains ahead.
In fact, the next logical step could be an attempt to mark a new All-Time High.
My view remains the same:
Buying dips remains the strategy of choice, with a focus on the 3400 zone as a key support area, and a swing target around 3500.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD (Gold) Buy Setup✅ Entry: As marked on chart
🎯 Take Profit 1 (TP1): Highlighted on chart
🎯 Take Profit 2 (TP2): Highlighted on chart
🎯 Take Profit 3 (TP3): Highlighted on chart
🛑 Stop Loss (SL): Defined below recent swing low
📊 Technical Insight (Dow Theory):
Gold is currently in a primary uptrend, confirmed by a series of higher highs and higher lows on the daily chart.
Recent price action shows a secondary retracement that has respected the previous swing low, maintaining structural integrity.
A bullish reversal has emerged at a key demand zone, signaling potential continuation of the primary trend.
Momentum indicators align with the trend, and volume analysis suggests accumulation, supporting bullish bias.
📍 As long as price remains above the stop loss level, we anticipate a drive towards TP1 and potentially TP2, TP3 as the next leg of the uptrend unfolds.
🚨 Conservative traders may wait for a confirmed breakout above the last minor high for further validation.
XAUUSD Breakout Structure | Smart Money Bullish Roadmap 🚨 XAUUSD 2H | Smart Money Concept Setup
Price perfectly tapped into demand zone and showed a strong bullish reaction — now forming a clear BOS (Break of Structure).
📍 Key Liquidity Zones:
• Price swept previous lows and is now targeting major liquidity levels marked as “Target Points.”
• Bullish momentum is expected to push price towards 3410 – 3425 range 📈
🔁 Expect possible consolidation before a continuation to upper targets.
💡 Strategy:
Wait for a minor pullback near the 3380–3390 level for confirmation, then ride the momentum to higher targets.
🎯 Target Levels:
1. 3398 ✅
2. 3410 🚀
3. 3425+ (Final Target)
📌 Like, Follow & Save if you caught this early 📊
#XAUUSD #SMC #LiquidityGrab #GoldSetup #TradingViewIdea #SmartMoney #Breakout
Bulls are still the main theme, 3400 is not the high point📰 News information:
1. Fed Chairman Powell delivers a welcome speech at a regulatory conference
2. The tariff deadline is approaching
📈 Technical Analysis:
Today's opening high reached around 3402, and did not effectively break through the upper resistance of 3405-3415. As I said yesterday, a decline and return to the moving average is an inevitable result. The tariff issue is still there, with the deadline on August 1, and the daily MACD indicator still shows a golden cross. The general direction of short-term bullishness has not changed, but from a technical point of view, gold still has room to fall to correct the overbought part.
Below the day, we first focus on the top and bottom conversion position of 3377-3375. As time goes by, the 4H middle track will probably resonate with the 50% position of the Fibonacci line at 3355, which is also a good long position I expect. Therefore, if the price falls back to 3380-3375 for the first time during the day, you can consider going long. If the price continues to fall, pay attention to the second opportunity to go long at 3355, with the target at 3390-3410.
🎯 Trading Points:
BUY 3380-3375
TP 3390-3410
BUY 3360-3350
TP 3370-3380
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
TVC:GOLD PEPPERSTONE:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD FXOPEN:XAUUSD
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
Gold Spot / U.S. Dollar (XAUUSD) 2-Hour Chart - OANDA2-hour candlestick chart displays the price movement of Gold Spot against the U.S. Dollar (XAUUSD) from OANDA, covering the period up to July 22, 2025. The current price is 3,395.285, reflecting a 1.775 (-0.05%) decrease. The chart includes buy/sell indicators (3,395.780 buy, 3,394.890 sell), a highlighted resistance zone around 3,400-3,425, and a support zone around 3,370-3,386. The chart also features technical analysis tools and annotations indicating potential price trends.