Gold - Above 3370 Is Bullish Territory – But 3360 Must Hold📆 What happened yesterday?
After more than a week of frustrating, sideways price action, Gold finally broke out above the key 3370 resistance zone.
The breakout was clean and impulsive, with TRADENATION:XAUUSD pushing to an intraday high around 3400.
Following that move, price printed a small double top near the high and began a modest correction — perfectly normal after such a breakout. At the time of writing, Gold trades at 3385, still holding above former resistance.
📈 Why this breakout matters:
The daily close at 3396 came in strong and near the top, leaving behind a clear Marubozu candle
This kind of price action signals conviction and momentum
The breakout confirms what I’ve been anticipating for days — the range is resolved, and the market is choosing the bullish path
🎯 What to expect next:
If price stabilizes above 3400, the road to 3450 opens — which is the target mentioned in my previous analyses
That area represents the next major resistance and likely magnet for price if bulls stay in control
🧭 Trading Plan:
For me, the plan is now simple:
✅ Buy the dips — especially on a potential retest of the 3370–3375 broken resistance, which now turns into support
❌ Negation comes only with a daily close below 3360, which would invalidate this breakout and raise questions
📌 Conclusion:
The breakout has finally come. After days of coiling, Gold chose the upside.
Momentum is building, structure is clean, and bulls are back in control — unless 3360 fails.
Until then, I remain bullish, looking to buy dips into strength. 🚀
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.
Xauusdupdates
The bulls rise and fall back to continue.Yesterday, gold technically held high and rose strongly in the Asian session relying on the 3350 mark. Both the European and American sessions formed a strong bullish rise and accelerated to break through the 3370 mark before the US session and continued to rise to the vicinity of the 3400 mark and fell back slightly to close strongly. The daily K-line closed with a shock break of the high-middle positive. The overall gold price broke through the recent rebound high of 3377 to form a bullish strong attack pattern. In the short term, 3377-80 became a new key support area.
From the 4-hour analysis, today's retracement relies on this position to continue to follow the trend of the main bullish bullish trend. The short-term bullish strong dividing line focuses on the 3350 mark. The daily level stabilizes above this position and continues to maintain the rhythm of retracement and bullish bullish trend. Short selling can only enter the market at key points, and enter and exit quickly without fighting.
Gold trend analysis: bullish but not chasing the rise.Gold, last Thursday's daily line closed with a long lower shadow, bottomed out and stabilized, and once again stabilized at the lower track support point of the large convergence triangle. Combined with the cyclical movement after the two stabilizations at 3247 and 3282, it was three consecutive positive rises; therefore, last Friday, and at least these two days on Monday this week, there will be consecutive positive rises; today gold rose as expected, the Asian and European sessions continued to be strong, and there was a second rise in the U.S. session. Since the U.S. session went directly higher before and after, the current support below has moved up to the 3377-75 area, where a top and bottom conversion position will be formed. Therefore, if it falls back to 3375-77 in the evening, you can continue to go long and look to above 3400. If it falls below 3370, it will fluctuate. The upper short-term resistance level is 3387-3393, the previous high. If the market touches here for the first time, you can try to see a double top decline.
Gold opening operation strategy.Gold's trend on Friday was mainly volatile upward. It can be said that gold was in a volatile market on Friday night, closing at 3350. If there is no stimulation from international news over the weekend, we will continue to be bullish next week. If your current gold operation is not ideal, I hope Tian Haoyang can help you avoid detours in your investment. You are welcome to communicate with us!
From the 4-hour analysis, the short-term support below continues to focus on around 3340-45, and the strong support is at the 3310 level. The key pressure above is the 3380 line. We will rely on this range to maintain the main tone of high-altitude and low-multiple cycles. For the middle position, we will watch more and do less, and be cautious in chasing orders, and wait patiently for key points to enter the market.
Investment is not a matter of one day or one night. Losses in the early stage do not mean losses in the later stage; profits in the early stage do not mean profits in the later stage. Therefore, friends who lose money should not be discouraged, and friends who make profits should not be complacent. Let yourself invest rationally with a peaceful mind. In this ever-changing market, the rise and fall of the market is not determined by personal subjective will, but is full of more than empty fights. Victory and failure are always around, but one thing is that the trend of the market will determine the future direction. The three steps of setting the trend, selecting the position, and controlling the position are success. Therefore, choice is far greater than hard work. Choosing a good teacher will benefit a lot, and I have always been there.
The general trend is to go long after the retracementFrom the 4-hour analysis, the short-term support below is 3370, the important support is 3350-55, and the upper resistance is 3400-05. The overall support range is maintained in this period to maintain the main tone of high-altitude low-multiple cycle participation. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market. I will provide specific operation strategies in the link prompts, please pay attention in time.
Gold operation strategy:
1. Go long on gold when it falls back to 3370, and add more positions when it falls back to 3350-55, stop loss 3344, target 3395-3400, and continue to hold if it breaks;
Absolutely! Here's a Scalping Analysis in English markdown forma## 🪙 Gold (XAU/USD) Scalping Plan – July 22, 2025
**Chart: 15-Minute (Heikin Ashi) – OANDA**
---
### 🔍 Market Structure:
- **Current Price**: 3,389.30 USD
- **Recent BOS (Break of Structure)** confirms bullish momentum up to the **3,402 level (Premium Zone)**.
- We’ve seen **CHOCHs** (Change of Character) confirming early exhaustion.
---
### 📐 Fibonacci Zones:
| Level | Price (USD) | Significance |
|--------------|---------------|------------------------|
| 0.236 | 3,382.93 | First minor support |
| 0.382 | 3,371.00 | Equilibrium zone |
| 0.5 | 3,361.36 | Institutional entry |
| 0.618 | 3,351.72 | Deep retracement zone |
| 0.786 | 3,338.80 | High-probability reversal |
| 1.0 | 3,320.52 | Final OB/Support base |
| 1.3 (forecast)| 3,296.01 | Extended target zone |
---
### 🧠 Scalping Setup:
- **Short-term Shorts** from the **Premium zone (3,402 → 3,382)** are already in play.
- Targeting the **0.382 retracement** initially, with continuation to 0.5 and **Order Block (OB)** near **3,351**.
- If price reaches 0.618 or 0.786, we enter **Buy Setup Zone** for intraday bullish bounce.
- Strong OB visible between **3,320–3,338**; ideal for scalping longs with tight SL.
---
### 🎯 Scalping Strategy:
#### ✅ Sell Setup:
- Entry: 3,398–3,402
- TP1: 3,382
- TP2: 3,371
- SL: 3,407
#### ✅ Buy Setup:
- Entry: 3,351–3,338
- TP1: 3,366
- TP2: 3,389
- SL: 3,329
---
### 🧭 Notes:
- Watch USD news events marked on the chart (🟦).
- Avoid entering trades near high-impact data drops.
- Focus on **reaction at OB zones + confluence with Fib** for sniper entries.
---
> ⚠️ **Reminder**: Scalping is all about precision & discipline. Stick to your SL and plan!
MOST ACCURATE XAUUSD GOLD FORECAST ANALYSIS MARKETCurrent Setup & Technical Outlook
Consolidation & Pennant Formation: Gold is building a bullish pennant and trading above its 50‑day MA — a classic continuation pattern suggesting a breakout toward new highs if momentum resumes .
Key Levels:
Support: $3,330–3,340 — confirmed by multiple technical sources .
Resistance/Breakout Zone: $3,360–3,375 — clearing this could trigger a rally toward $3,400+ .
Upside Targets: $3,390, then possibly $3,500–$3,535 per weekly forecast .
Alternate Bearish Scenario: A failure around the 0.618 Fibonacci resistance (~$3,374) and overbought RSI could spark a pullback to $3,356 or lower .
---
🧠 Fundamental Drivers
Inflation & U.S. Macro Data: Market awaits June CPI/PPI and Fed commentary — cooler inflation could boost gold via dovish expectations, while hotter data may strengthen the USD and weigh on bullion .
Geopolitical & Safe-Haven Demand: Trade tensions (e.g., tariffs) are keeping gold elevated near $3,350–$3,360 .
Central Bank & Real Yields Watch: Continued gold purchases and lower real rates are supportive, although mid-term easing in risks (like global trade) could curb momentum .
XAU/USD Intraday Plan | Support & Resistance to WatchGold broke above the 3,362 resistance and extended its rally into the 3,400 resistance zone, currently trading around 3,386. Price remains comfortably above both the 50MA and 200MA, which are sloping upward and acting as dynamic support—keeping short‑term structure bullish.
A confirmed break and hold above 3,400 would open the path toward the next upside targets at 3,416 and 3,440, with 3,458 as a higher‑timeframe extension if momentum continues.
If price fails to sustain above 3,383–3,400 and begins to fade, watch the initial pullback toward 3,362.
A deeper move below that would shift focus to the Pullback Support Zone.
Failure to hold there could expose price to the Support Zone and potentially the HTF Support Zone if bearish pressure builds.
📌 Key Levels to Watch
Resistance:
3,383 ‣ 3,400 ‣ 3,416 ‣ 3,440
Support:
3,362 ‣ 3,336 ‣ 3,317 ‣ 3,302 ‣ 3,289
🔎 Fundamental Focus –
📌 Fed Chair Powell Speaks – key event that can move USD and gold sharply.
XAUUSD Bullish Setup | Liquidity Grab to Breakout📊 XAUUSD Bullish Breakout Plan | Price Action + Key Levels Analysis 🔥
Gold (XAUUSD) is currently holding above a strong support-turned-resistance zone around $3,340 - $3,345. After a clear rejection from the support area and a bullish structure forming, price is showing potential for a clean breakout toward higher targets.
🔍 Key Technical Highlights:
• Support Area: $3,310 - $3,320 held strongly
• Resistance Flip: $3,345 zone acting as new demand
• Target 1: $3,375
• Target 2: $3,390 major liquidity zone
• Structure: Bullish W pattern forming above demand
This setup favors buy on retracement, aiming for breakout above recent highs. Wait for a confirmation candle above resistance before entering.
📈 Watch for liquidity grab and strong bullish impulse.
#XAUUSD #GoldAnalysis #SmartMoney #BreakoutSetup #LiquidityHunt #ForexTrading #TechnicalAnalysis #BuySetup #PriceAction #TradingView #GoldSetup #ForYou
Weekly Outlook: Gold Builds Pressure – Is the Big Move Coming?📆 Big Picture View
Since the start of 2024, Gold has been moving in a well-defined long-term bullish trend.
Yes, there were meaningful pullbacks along the way — but the direction was never in doubt. Step by step, Gold climbed over 15,000 pips in just over a year, reaching a new all-time high in late April.
📉 Post-ATH: A Period of Stabilization
After peaking, Gold shifted into consolidation mode, with price gravitating around the 3300 zone.
This sideways movement has been ongoing for the past three months, but it’s not a sign of weakness — it’s the market catching its breath.
On the weekly chart, this consolidation is now forming a symmetrical triangle, a classic continuation pattern that often appears mid-trend.
📐 The Technical Setup
- The symmetrical triangle shows compression of volatility
- Buyers and sellers are slowly converging toward a decision point
- A breakout is approaching, and when it comes, it could be explosive
🎯 What’s the Trigger?
- A confirmed break above 3450 would validate the triangle breakout
- That opens the door to quickly test the 3500 round figure
- The measured target for the triangle sits at 3800
Given the time Gold has spent consolidating (3+ months), this target could realistically be reached by year’s end
🧭 Strategic Takeaway
- As long as Gold holds above 3300, the bullish structure remains valid
- Breakout above 3450 is the green light for the next leg up
- Until then, the consolidation continues, and smart money prepares
📌 Conclusion:
Gold is building pressure. The weekly triangle is maturing.
This isn’t the end — it’s the pause before the next move.
Stay patient. Stay focused.
Because if 3450 breaks… 3800 is not a dream — it’s a destination. 🚀
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.
P.S: Here you have a short term analysis on Gold
July 21: Key Resistance at 3358–3366, Breakout Targets 3378–3388Good morning, everyone!
Last Friday, gold tested the support around 3332 but did not break below it. The price then rebounded to the 3358 zone, where it encountered selling pressure and pulled back. At today's open, the price retraced to the 3343 level, where support held well, prompting another rally back toward 3358.
It’s important to note that since the 3358 resistance was already tested on Friday, some of the selling pressure has likely been absorbed. As a result, there is a higher probability of a breakout today. If a breakout occurs, the next key resistance lies at 3366/3372–3378. In the case of strong bullish momentum, the price may extend further toward the 3386–3392 resistance zone.
However, if the price continues to be capped below 3358–3366, we may see a consolidation or short-term pullback. In this case, watch support at 3348–3343. Should the price successfully break above 3378, then support on pullbacks will shift higher to 3363 and 3358–3352.
🔺 Key Warning: The 3358 resistance zone is technically crucial. If the price repeatedly fails to break through, watch out for a potential double-top pattern on the 30-minute chart, which could signal a near-term bearish reversal.
7/ 22: Focus on Selling at Highs, Key Support at 3378–3372Good morning, everyone!
I’ve unfortunately injured my lower back and will need to rest in bed for a while, so I’ll keep today’s market commentary brief.
Yesterday, gold rallied to test the 3400 level, a key psychological and technical resistance area that naturally triggered notable selling pressure. Given this, chasing long positions at current levels is not recommended.
On the downside, support is seen near 3378. If this level holds, the price may attempt another rebound. On the upside, key resistance levels to watch are:
3407 as the initial resistance
3416–3423 as the stronger resistance zone
For today’s trading strategy, consider focusing on selling into strength near resistance levels. Once the selling pressure is absorbed, there may be an opportunity to re-enter on the long side at lower levels, allowing for better risk management and entry conditions.
Accurate prediction, continue to buy after retracement to 3353📰 News information:
1. The Trump administration puts pressure on the Federal Reserve to cut interest rates
2. The continued impact of tariffs and the responses of various countries
📈 Technical Analysis:
Gold is currently rising rapidly, reaching a high near 3368, and the overall bullish trend has not changed yet. It is not recommended to continue chasing the highs at present. Those who are long at 3345 can consider exiting the market with profits. The technical indicators are close to the overbought area and there is a certain risk of a correction. Be patient and wait for the pullback to provide an opportunity. At the same time, 3353 has become the position with relatively large trading volume at present, and the top and bottom conversion in the short term provides certain support for gold longs. If it retreats to 3355-3345, you can consider going long again, with the target at 3375-3385. If it falls below 3345, look to 3333, a second trading opportunity within the day. If it falls below again, it means that the market has changed, and you can no longer easily chase long positions.
🎯 Trading Points:
BUY 3355-3345
TP 3375-3385
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.
FXOPEN:XAUUSD OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD TVC:GOLD
"Gold Price Bearish Reversal: Key Sell Targets Identified"This 4-hour chart of Gold (XAU/USD) shows a potential bearish reversal pattern forming after a rising wedge breakout. The chart indicates a SELL signal near the $3,392 resistance zone, with three downside targets at:
1. $3,323.773
2. $3,262.540
3. $3,195.497
Highlighted support zones suggest possible price retracements to these levels.
XAUUSD:The next target is 3430.The market is developing completely in accordance with the expectations of the band trading center. Today is a day of sharp rise. As Monday, this increase is quite considerable.
The three reminders to buy are all at a lower position. The post clearly points out that the market has reached 3400. 3400 is a controversial position. It needs to fluctuate in the New York market, and then there will be some breakthroughs. If it is stronger, it will directly break through the New York market. In the short term, you can pay a little attention to the retracement position of 3390-3395. Then continue to buy. The next target is 3430.
Gold (XAUUSD) Bullish SetupGold is maintaining its bullish momentum, with price action respecting key support levels. The chart highlights three target levels (TP1, TP2, TP3) marked with green lines, indicating potential zones for profit-taking as the uptrend progresses. A stop-loss is defined below the recent swing low, marked with a red line, to manage downside risk. This setup aligns with the prevailing trend and favors continuation traders.
Elliott Wave Analysis – XAUUSD July 17, 2025
🔍 Momentum Analysis
D1 timeframe: Momentum is still trending downward, but we’re starting to see signs of convergence between the indicator lines. Normally, we would expect another two daily candles to reach the oversold zone and trigger a potential reversal. However, with the current narrowing pattern, we cannot rule out the possibility of an earlier reversal. Today’s daily close will be crucial for confirmation.
H4 timeframe: Momentum is clearly declining, suggesting that the market may either continue downwards or consolidate sideways throughout the day.
🌀 Elliott Wave Structure
On the H4 chart, price action is compressing tightly at the end of a symmetrical triangle pattern – a classic setup in Elliott Wave theory. Notably, this final point of compression coincides with the POC (Point of Control), indicating a key price level where high volume has accumulated.
Wave W (in black) follows a 3-wave structure. Yesterday, price surged to the beginning of wave W and then sharply reversed, forming the basis for two potential scenarios:
Scenario 1 – WXY structure with current price completing wave Y within wave e (green):
+ Target 1: 3327
+ Target 2: 3303
Scenario 2 – Wave e (green) evolves into a triangle:
+ In this case, price may consolidate sideways above the 3327 zone.
🔗 Combining Wave and Momentum Analysis
Both D1 and H4 momentum indicators are still pointing downward. However, the price candles appear overlapping and lack clear directional strength – a common trait of compression near the triangle’s apex. With price sitting right on the POC, there’s a high chance of continued tightening before a breakout. At this stage, the recommended strategy is to wait for a strong bullish candle at one of the target zones before entering a BUY position.
📈 Trade Setup
✅ Scenario 1 – BUY at 3327 – 3326
+ Stop Loss: 3317
+ Take Profit 1: 3342
+ Take Profit 2: 3358
+ Take Profit 3: 3402
✅ Scenario 2 – BUY at 3305 – 3302
+ Stop Loss: 3295
+ Take Profit 1: 3327
+ Take Profit 2: 3358
+ Take Profit 3: 3402
Gold Spot / U.S. Dollar (XAU/USD) 4-Hour Chart - OANDA4-hour chart displays the price movement of Gold Spot (XAU) against the U.S. Dollar (USD) from late July to early August 2025. The current price is 3,390.266, with a recent decrease of 10.870 (-0.32%). Key levels include a sell price of 3,336.420 and a buy price of 3,337.020, with a resistance zone highlighted between 3,340.720 and 3,380.000, and a support zone around 3,314.186. The chart includes candlestick patterns and trading indicators.
Gold Outlook – The Range Holds, Direction Still Pending📆 What happened recently?
Since the middle of last week, I’ve been repeating the same core idea like a broken record:
👉 “Gold needs to break out of the range to define its next real move.”
And once again, on Friday, TRADENATION:XAUUSD respected the structure, fluctuating quietly and closing the week right in the middle of the range — no breakout, no confirmation.
📈 Current status:
The new week opened with some bullish interest, and at the time of writing, Gold trades around 3363. Still inside the box.
So far, no technical change, and certainly no resolution.
❓ What am I watching for?
A clear break above 3375 → confirms bullish continuation
A decisive break below 3320 → confirms reversal potential
Until then, everything in between is noise and chop.
🧭 Trading plan:
My stance remains unchanged:
⏳ No position. No bias. Just waiting.
Once we get confirmation in either direction, I’ll take action.
📌 Conclusion:
Gold is still locked inside the range. The market is coiling, but no side is winning yet.
Patience here is a weapon — and I’m keeping it loaded. 🚀
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.