July 9, 2025 - XAUUSD GOLD Analysis and Potential OpportunityAnalysis:
Gold is currently in a choppy downtrend. Watch the 3300 level closely — if price holds above it, bulls may still have strength.
However, if it breaks below 3297, bearish momentum is likely to accelerate.
🔍 Key Levels to Watch:
• 3365 – Resistance
• 3350 – Resistance
• 3345 – Intraday key resistance
• 3330–3333 – Intraday key support zone
• 3322 – Short-term resistance
• 3310 – Resistance
• 3300 – Psychological level
• 3295 – Key support
• 3285 – Support
• 3275 – Support
📈 Intraday Strategy:
• SELL if price breaks below 3300 → watch 3295, then 3287, 3282, 3275
• BUY if price holds above 3310 → watch 3315, then 3322, 3330, 3337
👉 If you want to know how I time entries and set stop-losses, hit the like button so I know there’s interest — I may publish a detailed post by the weekend if support continues!
Disclaimer: This is my personal opinion, not financial advice. Always trade with caution and manage your risk.
GOLD trade ideas
XAU/USD Analysis – Expecting Fibonacci Retracement to 0.618 I’m currently anticipating a short-term retracement in XAU/USD towards the 0.618 Fibonacci level around 3323, followed by a continuation of the bearish move targeting a Fair Value Gap (FVG) around 3272.
📌 Technical Confluence:
The market has recently shown a strong bearish impulse, and the current price action appears to be forming a corrective retracement.
The 0.618 retracement level aligns with a key resistance area around 3323, increasing the probability of a bearish reaction from this zone.
There’s a visible FVG left unfilled near 3272, which may act as a price magnet.
I’m also watching for a liquidity sweep above local highs, followed by bearish confirmation on the lower timeframes (e.g., 5min) to trigger a short entry.
📉 Trade Idea:
Looking for a sell entry near 3323 after confirmation (liquidity grab, bearish structure shift, etc.)
Target: 3272 FVG zone
Stop Loss: Just above recent highs or liquidity zone, depending on intraday structure
XAUUSD- Bearish AB=CD pattern at resistance zone!Timeframe:2H|Pattern: AB=CD| Bias: Bearish Reversal!
Gold (XAUUSD) has completed a precise AB=CD pattern aligning perfectly with a strong resistance zone near 3340-3350 the symmetry of the harmonic pattern combined with historical rejection levels gives a strong signal for a potential downside move
Trade setup idea:
Sell entry: 3340-3350
target:1: 3300
target:2: 3260
risk reward: Favorable setup with harmonic confirmation.
GOLD is in bearish conditions, pressured by aggressive tariffsOn Wednesday (July 9) in the Asian market, the spot OANDA:XAUUSD suddenly fell sharply in the short term, and the gold price just fell below 3,290 USD / ounce.
Although US President Trump announced that the first tariff letters had been sent to some US trading partners, the gold price fell below 3,290 USD / ounce due to the weakening demand for safe-haven gold. Trump postponed the tariff deadline to August 1, easing trade tensions.
The recovery in the dollar TVC:DXY and rising US Treasury yields also weighed on gold, sending prices sharply lower after hitting a high of $3,345 an ounce.
The yield on the 10-year US Treasury note TVC:US10Y rose to its highest in more than two weeks, making gold, which does not pay interest, less attractive as an investment.
The yield on the 10-year US Treasury note rose to 4.415%. The US real yield also rose 4 basis points to 2.073%.
TVC:DXY , which tracks the greenback's performance against a basket of currencies, rose 0.20% to 97.70. The rise in the Dollar Index means that gold priced in dollars has become less attractive because they are inversely correlated.
Japan and South Korea said on Tuesday they would try to speed up trade talks with the United States in a bid to soften President Donald Trump's stance on new tariffs set to take effect on August 1.
But optimism about a trade deal boosted market risk appetite, limiting gold's upside.
Traders are awaiting the release of the minutes of the Federal Reserve's latest meeting on Wednesday, followed by data on initial jobless claims for the week ended July 5.
Investors now expect the Fed to cut interest rates by 50 basis points before the end of the year, starting in October.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold fell below the 3,300USD whole price point and the 0.382% Fibonacci retracement level, which are the initial conditions for gold prices to have a prospect for a bearish trend.
Currently, with the position below 3,300USD, gold may continue to decline with the next target around 3,246USD in the short term, more than the 0.50% Fibonacci retracement level.
The current resistances of gold prices are the pressure from the EMA21 line, followed by the 0.236% Fibonacci retracement. These are also the resistance positions that readers paid attention to in the previous issue.
In addition, the RSI is pointing down from 50, currently 50 is considered the nearest resistance and the fact that the RSI is pointing down is quite far from the oversold zone, indicating that there is still room for a decline ahead.
During the day, although the trend is not yet completely clear, gold is showing conditions that are more inclined towards a decline, along with that, the notable positions will be listed as follows.
Support: 3,292 - 3,246 USD
Resistance: 3,300 - 3,340 - 3,350 USD
SELL XAUUSD PRICE 3346 - 3344⚡️
↠↠ Stop Loss 3350
→Take Profit 1 3338
↨
→Take Profit 2 3332
BUY XAUUSD PRICE 3245 - 3247⚡️
↠↠ Stop Loss 3241
→Take Profit 1 3253
↨
→Take Profit 2 3259
GOLD continues to recover, tariff war changes unpredictablyInternational OANDA:XAUUSD continued to rise, boosted by a slight decline in the US Dollar and US Treasury yields. At the same time, investors are closely monitoring the developments in trade negotiations as US President Trump expands the tariff war.
As of the time of writing, spot OANDA:XAUUSD increased by 0.3% to 3,333 USD/oz. The general weakness of the US Dollar, the decline in US Treasury yields and renewed concerns about the escalation of the trade war have helped stabilize gold prices.
On Thursday evening (July 10) local time, US President Donald Trump once again increased pressure on trading partners. He announced that he would impose a 35% tariff on imported goods from Canada, and the USD/CAD exchange rate rose sharply in the short term.
Trump posted on his social media platform Truth Social that a 35% tariff would be imposed on imported goods from Canada, effective from August 1, 2025.
It is still unclear whether the current exemptions for goods traded under the United States-Mexico-Canada Agreement (USMCA) will be extended or terminated.
Due to the impact of escalating trade tensions, spot gold prices also rose by more than 10 dollars in the short term at the beginning of the Asian trading session on Friday, and the current high price of gold has reached around 3,336 USD/ounce.
In an interview with NBC News on Thursday, Trump said he was also considering imposing a flat tariff of 15% to 20% on most of his trading partners, adding that the exact tariff rate was being worked out. The current flat tariff rate is 10%.
Trump sent letters to trading partners this week, announcing that the new tariffs would take effect on August 1 if they could not negotiate more favorable terms. He is expected to send letters to European Union member states soon.
Trump sent the first batch of tariff letters to 14 countries, including Japan and South Korea, on July 7, with tariffs ranging from 25% to 40%. He also said he would send more similar letters this week.
Minutes from the Fed's June 17-18 meeting showed that only a "few" Fed officials thought a rate cut was possible as early as this month, while most preferred to hold off until later in the year due to inflation concerns caused by Trump's tariffs.
The Federal Open Market Committee (FOMC) voted unanimously to leave interest rates unchanged at its June meeting. The next policy meeting is scheduled for July 29-30.
Markets will focus on progress in Trump's tariff negotiations, key US economic data and speeches by Federal Reserve officials later in the day for fresh trading direction for gold prices.
Technical Outlook Analysis OANDA:XAUUSD
Gold has had 2 sessions of recovery from the area around the 0.382% Fibonacci retracement, but the temporary upside momentum is still limited and does not qualify for a new bullish cycle.
In the short term, the EMA21 with the 0.236% Fibonacci retracement will act as the nearest resistance, if gold takes the price action to break above the 0.236% Fibonacci retracement level it will qualify for a new bullish cycle with the target then being around $3,400 in the short term, more so than $3,430.
On the other hand, with the current neutral trend, once gold is sold below the 0.382% Fibonacci retracement level again, it will have conditions to decline, and the target then is around 3,246 USD in the short term, more than the 0.50% Fibonacci retracement level.
The RSI index is hovering around 50, also showing that the market sentiment is still hesitant to have a specific direction.
During the day, the sideways trend of gold prices will be noticed by the following positions.
Support: 3,300 - 3,292 USD
Resistance: 3,340 - 3,350 - 3,371 USD
SELL XAUUSD PRICE 3388 - 3386⚡️
↠↠ Stop Loss 3392
→Take Profit 1 3380
↨
→Take Profit 2 3372
BUY XAUUSD PRICE 3296 - 3298⚡️
↠↠ Stop Loss 3292
→Take Profit 1 3304
↨
→Take Profit 2 3310
HelenP I. Gold can rebound from trend line and start to move upHi folks today I'm prepared for you Gold analytics. In this chart, we can see that gold has formed a clear wedge pattern, and within it, we can also observe a smaller triangle forming. This structure reflects a narrowing price range and growing tension between buyers and sellers. After testing the upper boundary near the resistance zone at 3390 - 3410 points twice, gold started moving lower and now approaches the trend line again. This level has already held as support multiple times, and each time the price touched it, it showed a rebound with renewed buying interest. Now the price is again trading near this trend line, around the 1300s area, and a small triangle has formed inside the larger wedge. This triangle may act as a base for the next upward movement. I believe that as long as gold respects this trend line and doesn’t break below the 3250 - 3230 support zone, the probability of upward continuation remains strong. My current target is the 3390 resistance level, which aligns with the top boundary of both the wedge and the resistance zone. A breakout above the triangle may give the price enough momentum to approach this area again. That’s why I remain bullish in this situation and expect a bounce from current levels, followed by an upward move toward the resistance. 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.
July 11, 2025 - XAUUSD GOLD Analysis and Potential Opportunity📝 Analysis:
Strong bullish momentum continues. During the Asian session, the plan is to buy on pullbacks to support.
Key resistance at 3345 — if it holds, short setups may offer good risk-reward.
🔍 Key Levels to Watch:
• 3375 – Resistance
• 3365 – Resistance
• 3350 – Midpoint resistance
• 3345 – Intraday key resistance
• 3330 – Key support
• 3322 – Support
• 3315 – Support
• 3307 – Intraday key support
• 3300 – Psychological level
📈 Intraday Strategy:
• SELL if price breaks below 3330 → watch 3327, then 3322, 3315, 3308
• BUY if price holds above 3330 → watch 3337, then 3345, 3350, 3355
👉 If you want to know how I time entries and set stop-losses, hit the like button so I know there’s interest — I may publish a detailed post by the weekend if support continues!
Disclaimer: This is my personal opinion, not financial advice. Always trade with caution and manage your risk.
Looking for catalysts - Gold Outlook July 7 - July 11, 2025All about last week you can find here:
FX_IDC:XAUUSD Gold is currently seeking fresh catalysts this week. 🧐
While the economic calendar appears light for this time of year, a lack of economic data doesn't mean nothing is happening. Geopolitical events, especially tariff wars or other flashpoints, remain significant. Are there increasing signs for peace in the Middle East between Israel and Hamas? 🕊️
This week Gold could take advantage from an exisiting reversal head and shoulders pattern and painting pitchfork in the chart shows possibillities for Upside targeting $3400.
## Geopolitical News Landscape 🌍📰
Israel / Iran ⚔️🛑☢️
After fierce clashes in June, a **ceasefire** began June 24. 🇮🇷 Iran's Supreme Leader reappeared July 6, claiming victory 🎤. Tehran has now **banned IAEA inspectors** ❌🔍. Over 900 Iranians reportedly killed ⚰️.
🔮 Outlook: ⚠️ Nuclear tensions growing, diplomacy frozen 🧊. Regional powers remain on high alert 🚨.
India / Pakistan 🗻🔫🕌
Tense calm in Kashmir 😐. India launched its sacred **Amarnath Yatra** 🕉️ under heavy security 🛡️. Pakistan killed 30 militants near the Afghan border ⚔️, while China 🐉 admitted sharing intel 📡.
🔮 Outlook: Diplomatic track stays open 🕊️, but **border flare-ups** and water disputes 💧 remain volatile 🔥.
Gaza Conflict 💣🏘️🕊️
Israel launched deadly airstrikes ✈️, including one on a beach café ☕🏖️ killing 22. Dozens more died 💔. IDF admitted accidental strikes on aid sites 🚚❌. U.S.-led talks seek a **60-day truce** 🤝.
🔮 Outlook: Ceasefire possible 🛑, but **humanitarian crisis** worsening 🚨🩺. Trust remains fragile 💔.
Russia / Ukraine ⚔️
Zelenskyy 🇺🇦 and Trump 📞 discussed new air defense aid 🎯. Russia answered with **massive drone strikes** on Kyiv 🚁🔥. NATO boosts arms shipments 🔫 and backs Ukraine’s domestic weapons production 🏭.
🔮 Outlook: War grinds on ⚙️. No peace in sight, with **global stakes** rising 📈.
U.S. / China Trade War 💼📦🔥
With new tariffs looming 📆💣, Treasury said “multiple deals” are near 🤝. Trump claimed a **partial deal with China** 🐉, though tariffs remain high 📊.
🔮 Outlook: More piecemeal deals 🍰, but a **full-scale trade reset** looks unlikely before elections 🗳️.
🌍 Global Trade War 📉🚢💸
Trump’s shifting tariffs 🎯 hurt global growth 🌐. Markets hit record highs 📈 but investment chills ❄️. The 💵 dollar had its sharpest 6-month drop 📉 in decades.
🔮 Outlook: Businesses remain cautious ⚠️. **Supply chains** reroute 🔄. No global rebound without clarity 🔍.
Trump vs. Powell 💥🏛️📉
Trump demanded Powell’s resignation ❌📉, accusing him of weak rate policy 📊. Powell held firm 🧊, citing inflation risks 📈. Trump eyes replacements 👀🪑.
🔮 Outlook: Fed independence 🏛️ under fire 🔥. **Rate policy** may get politicized ahead of 2025 elections 🗳️.
📈 U.S. Inflation 🛒💰🧾
Inflation slowed to 0.1% 🐢, but tariffs raised prices on appliances 🔌 (+4.3%) and toys 🧸. Fed projects 3% inflation by year-end 📊.
🔮 Outlook: As **tariffs bite** 🦷, inflation likely to climb 📈. Fed stays cautious 🧐 on cuts.
Technical View 📐📈
Analysis Period: May 25 - June 6, 2025 | Forecast: June 7-11, 2025
1. ICT (Inner Circle Trader) Methodology Analysis 🧠
Market Structure
Higher Timeframe Bias: The chart shows a clear bullish market structure with higher highs and higher lows from the major low around 3,250. 🐂
Current Structure: Price is in a consolidation phase after reaching highs near 3,370, showing potential distribution. ⚖️
Key ICT Concepts Identified:
Fair Value Gap (FVG): Multiple gaps visible during the strong rally from 3,250 to 3,370. 💨
Order Blocks: Significant demand zone around 3,250-3,260 level (major accumulation area). 📦
Liquidity Zones:
Buy-side liquidity above 3,370 (recent highs). 💸
Sell-side liquidity below 3,320 (recent consolidation lows). 📉
Market Maker Models: Classic accumulation-manipulation-distribution pattern visible. 🔄
Session Analysis:
London Session: Shows strong directional moves. 🇬🇧
New York Session: Continuation of trends with increased volatility. 🗽
Asian Session: Consolidation and range-bound behavior. 🌏
2. Gann Analysis 🧙♂️
Gann Angles & Time Cycles:
Primary Trend: 1x1 angle supporting the bullish move from 3,250. ↗️
Resistance Angles: 2x1 and 3x1 angles providing resistance around current levels. 🚧
Time Cycles:
7-day cycle showing completion around June 2-3. 🗓️
14-day cycle suggesting potential reversal window June 7-9. ⏳
Gann Price Levels:
Major Support: 3,250 (1/8 level). 🛡️
Current Resistance: 3,370 (7/8 level). 🛑
Next Target: 3,400 (full octave completion). 🎯
Geometric Relationships:
Price squared relationship suggests 3,380-3,400 as natural resistance. 📐
Time-price balance indicates consolidation period before next major move. 🕰️⚖️
3. Fibonacci Analysis ✨
Retracement Levels (from 3,250 low to 3,370 high):
23.6%: 3,341.6
38.2%: 3,324.2
50.0%: 3,310.0
61.8%: 3,295.8
78.6%: 3,265.6
Extension Levels:
127.2%: 3,402.6
161.8%: 3,444.2
200.0%: 3,490.0
Current Analysis:
Price has respected the 23.6% retracement level multiple times. ✅
Strong support confluence at 38.2% level (3,324). 💪
Extension targets suggest potential move to 3,402-3,444 range. 🚀
4. Institutional Levels Analysis 🏦
Psychological Levels:
3,300: Major round number providing support. 💯
3,350: Mid-level resistance. 📊
3,400: Next major psychological target. 🎯
Institutional Order Flow:
Accumulation Zone: 3,250-3,280 (heavy institutional buying). 💰
Distribution Zone: 3,350-3,370 (profit-taking area). 💸
Breakout Target: 3,400+ (next institutional objective). ⬆️
Volume Analysis:
High volume on the initial move up from 3,250. 📈
Decreasing volume during consolidation (typical distribution pattern). 📉
Volume expansion needed for breakout confirmation. 💥
5. Cycle Timing Analysis ⏰
Short-Term Cycles:
3-day cycle: Currently in compression phase. 🤏
7-day cycle: Completed around June 2-3. ✅
14-day cycle: Due for completion June 7-9. ⏳
Medium-Term Cycles:
Monthly cycle: Bullish momentum phase. ⬆️
Quarterly cycle: In expansion phase. 🌟
Cycle Projection:
Next major cycle turn expected June 7-9. 🔄
Potential for either breakout or correction during this window. 🤞
6. FORECAST: June 7-11, 2025 🔮
Primary Scenario (60% probability): Bullish Breakout 🚀
Target 1: 3,400-3,410
Target 2: 3,440-3,450
Catalyst: Break above 3,370 with volume. 💥
Timeline: June 7-9 initial move, June 10-11 extension.
Secondary Scenario (35% probability): Corrective Pullback ⬇️
Target 1: 3,320-3,325 (38.2% Fibonacci)
Target 2: 3,300-3,310 (psychological support)
Catalyst: Failure to break 3,370 resistance. 🚫
Timeline: June 7-8 decline, June 9-11 consolidation.
Low Probability Scenario (5% probability): Deep Correction 📉
Target: 3,280-3,290 (61.8% Fibonacci)
Catalyst: Major risk-off sentiment. 😱
Timeline: Extended throughout the week.
7. Key Assumptions & Risk Factors 🤔
Bullish Assumptions:
Continued institutional accumulation at current levels. 🏦
Breakout above 3,370 with confirming volume. ⬆️
Favorable macroeconomic backdrop for gold. 🌍
Weakness in USD supporting gold prices. 💵
Geopolitical tensions maintaining safe-haven demand. 🕊️
Bearish Risk Factors:
Profit-taking at psychological 3,400 level. 🤝
Stronger USD due to economic data. 💹
Reduced safe-haven demand. 📉
Technical failure at key resistance levels. 🚧
Central bank policy shifts. 🏛️
8. Trading Recommendations 💡
Entry Strategies:
Bullish Setup: Buy on pullback to 3,340-3,345 with stop below 3,320. 🎯
Breakout Play: Buy break above 3,372 with stop below 3,350. 🚀
Conservative: Wait for retest of 3,324 support area. patiently 🧘
Risk Management:
Position Size: Limit to 2-3% of portfolio per trade. 📏
Stop Loss: Always use stops below key support levels. ⛔
Take Profit: Scale out at Fibonacci extension levels. 💰
Key Levels to Watch:
Immediate Resistance: 3,365-3,370 🛑
Support: 3,340-3,345 🛡️
Breakout Level: 3,372 🚀
Major Support: 3,320-3,325 💪
9. Conclusion ✅
The XAUUSD chart presents a constructive bullish setup with multiple confluences supporting higher prices. The completion of various cycles around June 7-9 suggests a potential catalyst for the next major move. While the primary bias remains bullish targeting 3,400+, traders should remain alert to the possibility of a corrective pullback to test lower support levels. 🧐
The institutional accumulation pattern, combined with favorable Gann angles and Fibonacci projections, supports the bullish thesis. However, proper risk management is essential given the potential for volatility around key psychological levels. ⚠️
Please take the time to let me know what you think about this. 💬
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
Gold 30Min Engaged ( Bullish Entry Detected )Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸Bullish Break : 3305
➗ 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.
Gold rebounds as expected, NY focuses on the Fed meeting📰 News information:
1. Federal Reserve meeting minutes
📈 Technical Analysis:
Gold fell into a narrow range of fluctuations during the European trading session. As I said this morning, gold is expected to rebound in the short term and the bullish momentum needs to be released. From a technical perspective, the overall market is still in a volatile pattern. The support at the 3280 level below is still a key point that needs attention in the short term. The European session has repeatedly tested this area. If it falls below this support, it is expected to touch the 3250 level as I said. While guarding against gold diving during the NY session, the upper resistance of 3315-3321 cannot be ignored to prevent bullish retaliation.
🎯 Trading Points:
SELL 3315-3321-3333
TP 3300-3290-3280-3250
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.
OANDA:XAUUSD PEPPERSTONE:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD FXOPEN:XAUUSD TVC:GOLD
Try shorting once below 3355!The market closed at 3326 on Thursday and still failed to break through the small range of long and short positions. The overall market is in a strong bullish trend and this trend indicates the possibility of a breakout in the future. In this week's trading example, after confirming that the 3315 low support is effective, a short-term long operation was successfully carried out below the area and profited. The picture and truth can be checked in the article on Thursday. In the short term, continue to pay attention to the range shock and pay close attention to the breakthrough direction of key points. The first thing to pay attention to is the strong pressure of 3355. If it breaks through and stands firmly at this position, it will open up further upward space, and the potential target can be seen in the 3365 or even 3400 area. On the contrary, if the gold price is always under pressure below 3355, the market is likely to continue the current shock and consolidation rhythm. Therefore, breaking through the 3355 mark will be a key signal to judge whether the market can release significant upward momentum in the future. Before the effective breakthrough, continue to intervene in the low-long opportunity at the 3325-15 support level of the shock range. On the upper side, you can arrange short positions at 3345-3455.
GOLD Long Inside The Range! Buy!
Hello,Traders!
GOLD is stuck in a local
Range while still trading
In a strong long-term uptrend
So we think that this is an
Accumulation before the
Next leg up and as we are
Bullish biased we will be
Expecting a retest and a
Rebound from the horizontal
Support below around 3259$
With the target of retesting
The horizontal resistance
Above around 3354$
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
How to seize gold trading opportunitiesNews:
On Friday (July 11) in the Asian time zone, US President Trump posted a "tariff change" on social media, announcing that a 35% tariff would be imposed on all Canadian goods from August 1, a 10 percentage point increase from the current rate. This decision was like a thunderbolt, instantly igniting the market's risk aversion sentiment, and the spot gold price soared, reaching a high of $3,344 per ounce during the session. Although Trump extended the tariff agreement to August 1, which once suppressed the gold price, he subsequently stated that it would not be extended after the expiration, and launched further tariff attacks after the expiration, announcing a new 50% tariff on copper imports from the United States and a 50% tariff on goods from Brazil, which increased concerns about tariff risks and pushed the gold price to rebound from the bottom;
Gold trend analysis:
The market is fluctuating repeatedly now, and it is possible to rise or fall, but under the bullish trend, the main force is still rising. Therefore, this week's trading is to fall back and do more at a low price. Whether it is the previous 3285, 3304, or 3317, there are good profits. Although it is temporarily unable to break out of the bullish volume, at least the trend remains unchanged, and there will definitely be a large upward space in the future. Today is Friday, and we still pay attention to the possibility of bullish volume. This Monday has been emphasizing that if it rises during the week, it will look at the 3345 high point. If 3345 breaks, there are still 3365 and 3400 above. Friday will see whether this idea is realized.
From a technical point of view, all cycles are obviously bullish now. The daily line bottomed out on Tuesday, and Wednesday and Thursday were all small broken Yang rising. If it continues, we will first see whether the daily Bollinger middle rail 3345 pressure is broken. After the break, the big Yang closes high. This wave of rise may reach 3400. Therefore, the daily cycle has a lot of room for growth and should not be taken lightly. The H4 cycle needs to see whether today's rise can break 3345, because if it breaks 3345, there is a possibility of the upper rail opening. After the upper rail opens, gold will have a unilateral trend. Therefore, today's bullish target is 3345. If 3345 is not broken, there is still a possibility of a decline. If 3345 breaks, there will be 3365 and 3400 above. Here, it is clearly bullish and optimistic about the break of 3345. After determining the direction, the trading idea on Friday is also clear. It must be mainly long on the decline. The support below is 3320-3310. Don't chase more in the European session. Trade again if there is a decline.
Gold operation strategy: It is recommended to go long if it falls back to around 3315-3325, with the target at 3335-3345; it is recommended to consider shorting if it touches 3345 but does not break, with the target at 3335-3325.
XAU/USD) support level back bullish trend Read The captionSMC trading point update
Technical analysis of Gold (XAU/USD) on the 3-hour timeframe, suggesting a long trade idea with a clearly defined support zone and target projection. Here's the detailed breakdown:
---
Chart Breakdown (3H - XAU/USD)
1. Support Zone (Yellow Box):
Price reacted strongly to the 3,244–3,300 area, which is identified as a key support level.
This area has historically seen demand and is now acting as a base for potential bullish continuation.
2. Falling Wedge Breakout:
A falling wedge pattern has been broken to the upside, which is typically a bullish reversal signal.
The breakout indicates a shift from the previous bearish momentum into bullish strength.
3. EMA 200 Confirmation:
Price is now above the 200 EMA (3,333.347), supporting a bullish bias.
This can act as dynamic support going forward.
4. RSI Momentum:
RSI at 62.00, indicating growing bullish momentum without being overbought.
The RSI has also broken above a previous local high, confirming strength.
5. Target Projection:
The projected move (blue arrowed box) suggests a potential rally of +105.305 points (3.20%), targeting the 3,394.503 level.
This level aligns with previous price structure and acts as the next major resistance.
6. Anticipated Price Path (Black Zigzag Line):
Price is expected to pull back slightly, retesting the wedge breakout or support zone.
After this retest, a bullish continuation toward the target point is projected.
Mr SMC Trading point
---
Summary:
Bias: Bullish
Pattern: Falling wedge breakout + support retest
Entry Zone: Around 3,300–3,320 on a retest
Target: 3,394.503
Invalidation: Strong break and close below 3,244.166
Confirmation: Bullish price action near support + sustained RSI strength
Please support boost 🚀 this analysis)
The gold bull-bear game intensifiesThe gold bull-bear game intensifies: a breakthrough opportunity is hidden in the short-term shock
The gold market experienced violent fluctuations this week, and the core contradiction came from contradictory employment signals:
ADP cooling: The number of private sector jobs in the United States unexpectedly decreased in June, which once strengthened the expectation of a rate cut in September and pushed the gold price up
Non-farm counterattack: The subsequent non-farm employment announced exceeded expectations (206,000), which quickly extinguished the enthusiasm for rate cuts and gold prices gave up gains
Central bank support: Global central banks continue to buy gold (China increased its gold reserves in June), building a safety cushion for long-term prices
The essence of the "data fight" reflects that the resilience of the US economy remains, but cracks have appeared. The Federal Reserve dares neither cut interest rates too early (inflation risk) nor over-tighten (loosening of the employment market). This swing state will prolong the volatility cycle of gold, but every sharp drop is an opportunity for central banks and long-term investors to enter the market.
Technical aspect: Breakthrough signal of the four-hour chart
Current market characteristics:
Key position: 3344-3346 area has become the watershed between long and short positions. After three unsuccessful tests, the probability of this breakthrough has increased
Morphological structure: Breakthrough of the downward trend line of the four-hour chart + MACD golden cross, long arrangement of hourly moving average
Volume coordination: After yesterday's retracement to 3330 support, the volume rebounded, showing strong low-level support
Operation strategy:
Bull defense line: 3330-3325 (if broken, it will turn into shock)
Upward target:
▶ The first target is 3360 (previous high psychological position)
▶ The second target is 3380 (Fibonacci extension position)
▶ Ultimate target 3400 (option barrier)
Specific plan:
Conservatives:
Light long position at 3333-3335 (stop loss 3323)
After breaking through 3347, add more positions (stop loss 3335)
Radicals:
Batch layout above the current price of 3340, with 3325 as the ultimate defense
Risk warning:
⚠️ Beware of the volatility caused by Powell's speech on Friday night
⚠️ If 3320 is lost, beware of a deep correction to the 3300 mark
Currently, gold is in the "accumulation breakthrough" stage, with a bullish technical side but requiring fundamentals to cooperate. It is recommended to use the "small stop loss breakthrough" strategy, and it is better to miss it than to go against the trend. If it can stand firm at 3350 this week, it will no longer be a fantasy to look at 3400 in the third quarter.
Gold fluctuates repeatedly, how to seize the opportunityIf the direction is right, you are not afraid of the long journey. Use time to witness your strength, use your strength to win the future, let trust become profit, and use profit to resolve doubts. The market is changing rapidly, and going with the trend is the kingly way. When the trend comes, just do it, don't go against the trend to buy at the bottom, so as not to suffer. Remember not to act on impulse when trading. The market is good for all kinds of dissatisfaction, so you must not hold orders. I believe many people have experienced this. The more you resist, the more panic you will feel, and the floating losses will continue to magnify, making you eat and sleep poorly, and you will miss many opportunities in vain. If you also have these troubles, then you might as well follow my pace and try to see if it can make you suddenly enlightened.
Gold is concerned about the short-term pressure of the 3316 line above, and focuses on the pressure of the 3325 line. If the pressure above the 3325 line is not broken, then the possibility of gold further breaking through the lower space to 3295-3300 in the short term will also increase significantly. Therefore, the main line of gold operation is still based on holding shorts and rebounding shorts. Gold can rebound to the 3316 line and 3325 line before considering participating in short shorts. In terms of operation, we first pay attention to the support of the 3295-3300 line. If the lower support is broken today, the market will reverse to the short side. Otherwise, we will continue to rebound from the bottom and look for opportunities to go long.
From the current trend of gold, pay attention to the support of the 3300-3295 line below, the short-term resistance above pays attention to the vicinity of 3316, and focus on the suppression of the line near 3325. The overall main tone of high-altitude low-multiple cycle participation remains unchanged. In the mid-line position, keep watching and do less, follow orders cautiously, keep the main tone of participating in the trend, and patiently wait for key points to participate.
Gold operation strategy:
1. Go long on gold around 3330-3295, target 3315-3320.
2. Go short on gold around 3315-3325, target 3305-3300.
short sell on goldGold (XAUUSD) is approaching the 78% premium zone after sweeping internal liquidity, suggesting a potential reversal. This setup anticipates a smart money distribution move, with a sell entry around 3,335–3,340, stop loss above 3,348, and targets at 3,310 (TP1) and 3,290 (TP2). The expectation is that after grabbing liquidity, price will reject from premium and drop toward the equal lows where sell-side liquidity rests.
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)