Gold falls back to 18-24 and goes longFrom the 4-hour analysis, pay attention to the short-term support of 3318-3324 below, pay attention to the short-term resistance of 3345-50 above, and focus on the suppression of 3365-70. The overall high-altitude low-multiple cycle participation theme remains unchanged. In the middle position, watch more and do less, and follow orders cautiously, and keep the main theme of participation in the trend. Be patient and wait for key points to participate. I will prompt the specific operation strategy in the link, please pay attention in time.
Gold operation strategy:
1. Go long at 3318-3324, stop loss at 3312, target at 3345-50, and continue to hold if it breaks;
2. Go short at 3345-50 when gold rebounds, stop loss at 3357, target at 3318-24, and continue to hold if it breaks;
GOLD trade ideas
Gold fluctuates downward, go long again when it falls back
Gold is currently fluctuating downward. Although the trend is bullish, we must not rush into the market. The technical side needs to step back. We need to be cautious when going long. We need to grasp the entry position and step back to 3340-45 and then more!
From the 4-hour analysis, the short-term support below focuses on the neckline of the hourly line of last Friday, 3340-45, and the focus is on the support of 3325-30. The intraday step back continues to follow the trend and the main bullish trend remains unchanged. The short-term bullish strong dividing line focuses on the 3325 mark. The daily level stabilizes above this position and continues to follow the trend and bullish rhythm. Before falling below this position, continue to follow the trend and follow the trend. The main tone of participation. I will remind you of the specific operation strategy in the VIP group, and pay attention to it in time.
Gold operation strategy:
Gold goes long at the 3340-45 line when it steps back, and covers long positions at the 3325-30 line when it steps back, stop loss 3317, target 3365-70
Gold fluctuates. Beware of highs.On Monday, the U.S. dollar index rose sharply, reaching an intraday high of 97.65 as Trump announced that he would impose new tariffs on a series of countries including Japan and South Korea on August 1.
Spot gold fell first and then rose. It once fell below the $3,300 mark during the session, but then rebounded strongly in a V-shaped manner by nearly $40. As of now, it has stabilized above 3,330.
From the current daily line:
3,320 is the absolute support position for gold at present. Although it fell below 3,320 yesterday, Monday, it then reversed and stabilized above 3,320. For now, the daily line still cannot close below 3,320. If it closes below 3,320, the decline may open further. On the contrary, the current upper suppression position of gold is around 3,350. That is to say, it is basically maintained at 3,320-50 for rectification.
If the daily line stabilizes at 3350 again, the bulls may rise again.
From the 4-hour chart, gold currently shows signs of a head and shoulders bottom. If the 4-hour chart stabilizes above 3340 again, the suppression level of 3350 may be directly broken. Next, it may directly touch the high level of 3380-90. Therefore, in terms of operation, I suggest that you can maintain long positions at 3320-30.
The first target is 3340-50. As long as the 4-hour chart stabilizes above 3340, you can continue to look at 3380-90.
Xausd techinical analysis.This chart shows the Gold Spot vs. U.S. Dollar (XAU/USD) on the 1-hour timeframe, with current price action around 3,311.195.
Key Observations:
1. Descending Trendline (blue):
Shows recent bearish structure with lower highs.
Price is now testing this trendline from below.
2. Support and Resistance Zones (purple boxes):
Support: Around 3,303 – 3,306 (recent consolidation area).
Resistance: Around 3,327 – 3,332 (previous high and zone of interest).
3. Breakout Setup:
Blue arrow indicates a possible bullish breakout scenario.
The price is projected to break above the descending trendline and move toward the upper resistance zone (~3,330+).
4. Volume/Events Icon:
Icons suggest potential news events or volatility (such as U.S. data or FOMC-related impact), possibly increasing breakout chances.
Implication:
This is a bullish scenario suggesting:
A breakout of the descending trendline.
Retest of the breakout level.
Continuation toward the resistance zone (~3,330).
Strategy:
If trading this:
Entry: On confirmation of breakout and retest above 3,310–3,312.
Target: 3,327–3,332.
Stop Loss: Below the recent support ~3,300.
Would you like help building a trade plan or checking the fundamentals behind this move?
GOLD SELL SETUPAfter a strong bullish move, price approached a key resistance zone near the 3325–3330 level, which coincides with a potential supply zone created by previous price rejection. The market structure showed signs of slowing momentum, with multiple wicks to the upside and smaller-bodied candles near resistance, indicating possible exhaustion of buying pressure.
Gold - This is the official top!Gold - TVC:GOLD - might top out soon:
(click chart above to see the in depth analysis👆🏻)
Since Gold confirmed its rounding bottom in 2019 it rallied more than +200%. Especially the recent push higher has been quite aggressive, squeezing all bears. But now Gold is somehow unable to create new all time highs, which could constitute the a top formation.
Levels to watch: $3.500, $3.000
Keep your long term vision🙏🙏
Philip (BasicTrading)
Gold shock pattern breaksGold prices rose rapidly at the opening of the morning, reaching a high of 3342 before falling back. This early morning sharp pull-up market needs special attention, because from the perspective of short-term trading, this is the trend pattern that needs the most vigilance. Looking back at the trend of last Thursday, there was also a situation where the early morning surge could not continue. Historical data shows that this kind of morning pull-up often lacks sustained momentum and has limited room for subsequent increases. Combined with the recent trend, although the price rebounded on Monday and Tuesday, it basically maintained a volatile pattern in the following trading days, but the fluctuation range changed. After repeated struggles in the 3345-3322 range on Friday, the gold price rose again in this trading day and fell below the key support level of 3322. This important change means: 1. The original 3322-3345 oscillation range has been broken; 2. After the range moves down, 3322 changes from a support level to a resistance level; 3. The short-term trend weakens, and it is recommended to adopt a high-sell strategy. It is recommended to short at highs near 3322, and focus on the 3295-3293 support area below.
Gold still has room to pull back, be brave and short gold!Gold continued to rebound today, and we also successfully gained 150pips profit in long gold trading. However, although gold is currently maintaining its upward trend, the rebound strength of gold is not strong during the European session, and it has repeatedly touched 3375 and then fell back, proving that there is still some resistance above. In my previous trading point of view, I also emphasized that gold is under pressure near 3380 in the short term. In addition, from a technical perspective, today's intraday high is limited to 3395.
So in order to dump the bullish momentum so that it can break through 3380 more smoothly, or even continue to above 3340, gold will inevitably have a retracement in the short term. So when most people in the market are still waiting for a retracement to go long on gold, I will definitely not waste the opportunity of gold retracement in vain.
So for short-term trading, I will consider shorting gold appropriately in the 3375-3395 area, with the target looking at 3360-3350. After gold falls back as expected, we might as well consider going long on gold at a low level.
Gold Analysis and Trading Strategy | July 14✅ On Friday, gold prices surged strongly, successfully breaking through the key resistance level of 3345, which pushed the price higher and hit our take-profit target at 3365. The price remains strong, indicating that bullish sentiment continues to dominate the market. However, in the upcoming trades, we need to watch for a secondary pullback to base our next moves on.
✅ From a short-term perspective, if gold fails to break through the resistance zone at 3392-3400 next week, a double top pattern may form, putting pressure on the price. This could lead to a correction. Therefore, pay close attention to the fate of this resistance zone. A breakout above it may push the price higher, while a failure could result in a pullback.
✅ On the daily chart, the Bollinger Bands are starting to narrow, signaling that the current consolidation phase is about to end, and a new trend may emerge. Overall, after two months of consolidation, the probability of a bullish breakout is high, and we expect gold to continue rising in the coming days.
✅ On the 1-hour chart, the price remains in a strong bullish trend. Although the pullbacks have been small, we should not get complacent. Even in strong markets, there’s always a risk of deeper corrections. To avoid chasing prices too high, it's recommended to wait for a secondary pullback before making a decision.
🔴 Upper Resistance: The key resistance zone is currently between 3392-3400. If the price breaks through this area, it may continue to rise, but if not, there’s a risk of a pullback.
🟢 Lower Support: The first support is at 3340, which is a crucial point for the bullish-to-bearish transition. If the price declines further, the second support level is around 3330.
✅ Trade Strategy Reference:
Overall, we expect a pullback opportunity for gold next Monday. The short-term strategy should focus on buying during pullbacks and selling on rebounds. Pay close attention to the resistance zone at 3392-3400 and the support zone at 3340-3330. If the price retraces to 3345-3340, consider buying.
🔥 Reminder: Trading strategies are time-sensitive and should be adjusted in real time based on market conditions, especially after key support or resistance levels are broken. If you need more accurate and timely trading signals, feel free to reach out to me directly!
The market doesn’t lie, price hit the zone just as we mapped it🔸 WEEKLY BIAS
The broader trend remains bullish to neutral, though momentum is softening within a premium rejection zone.
In May–June, price broke structure to the upside, printing a new weekly higher high (HH) above 3380. However, it failed to sustain above the volume imbalance (3430–3480), signaling exhaustion in that premium range.
Currently, price is rejecting premium and consolidating just below 3327 — a key level marking previous institutional support and the midpoint of the weekly Fair Value Gap (FVG).
🔹 Weekly Key Zones
🟢 Support Zone (Buy Interest): 3204–3230
Weekly FVG + Equilibrium retrace + EMA50
A bullish rejection from this zone could trigger continuation toward 3327, then 3380
🔴 Resistance / Supply Zone (Sell Interest): 3420–3480
Weekly FVG + Premium Order Block + Prior liquidity sweep zone
A retest here without strong bullish catalysts may present a swing short opportunity
🔸 DAILY BIAS
Bias remains neutral to bearish until the 3330–3344 zone is decisively reclaimed and confirmed as support.
🔹 Daily Key Zones
🔴 Supply Zones
3420–3450
Premium FVG + Daily OB + Historical rejection wick
High-probability inducement area; only valid for shorts if 3344 fails to flip
3388–3402
Minor supply + internal structure break
Weaker, short-term reaction zone — monitor for signs of rejection if price extends
🔵 Support Zones
3230–3208
Daily FVG + Unmitigated Bullish OB + Discount territory
High interest for long setups only if confirmed by clean bullish rejection
3170–3154
Untapped daily OB + Historical support wick
Stronger potential reversal zone if 3230 breaks; confluence with deeper fib + likely RSI oversold
🔸 H4 BIAS
Short-term structure is bearish, with consistent lower highs forming beneath the key 3344–3351 supply zone.
🔹 H4 Key Zones
🔴 Supply Zones
3344–3351
H4 FVG + OB cluster within premium zone
A wick above recent highs followed by rejection could set up a clean swing short
3380–3394
Origin of the last bearish leg + stop hunt wick
High-risk rejection zone — watch for fast spikes into this area for potential fades
🔵 Support Zones
3265–3275
H4 FVG + Flip level + Prior sweep zone
A hold here could suggest re-accumulation, targeting 3327 and possibly 3340
3235–3246
Strong unmitigated OB + Discount pricing
Ideal sniper entry zone only with bullish rejection + M15+ BOS confirmation
XAUUSD_15M_SellGold Analysis Short-term Time Frame Elliott Wave Analysis Style The market could enter a decline due to the completion of five waves from the major wave 5, and as long as the price maintains the resistance of 3342, the trend could turn bearish and move towards the target of 3322 and finally 3315.
XAUUSD Long OpportunityXAUUSD is bullish per the 4 hour and 1 hour timeframe with continued bullish momentum coming out of the fundamentals around tariff uncertainty. There is clear bullish market structure.
XAUUSD is currently sitting on the pivot level of $3350 (Resistance turned support) after a retracement prior for the NY opening bell which gives rise for a long opportunity from this level towards the next Pivot point at $3391.
On the hour timeframe, price is trading above the 50 and 200 SMA and is currently sitting upon the 21 SMA which XAUUSD has used push point from in the past trending markets. RSI is currently sitting in a sweet spot region of the RSI between 45-55 indicating this is a valid retracement and price is looking to turn bullish again soon.
This provides 4 points of Bullish confluence within the momentum in favour of further bullish movements
Gold continues to rise after keeping low and breaking high
Last Thursday and Friday, I repeatedly mentioned the position of 3344 to my members. As a strong resistance position in the early stage, every time the price falls below the low point, the pressure to find the bottom and rebound is this area, and then continue to break the low under pressure. This time, we emphasize that breaking through and standing firmly on 3344 is the key. If it can break through and stand firmly, the next resistance is 3358, followed by 3373.
Now the price has broken upward as expected, completing the qualitative change. The next step is to look at the switching of space. Keep low and break high to see acceleration. After breaking the low point, consider sweeping.
Specific key points are expanded:
1. The daily line pattern is still closing and flat. The lifeline is the space switching point in the past one or two months, which will determine the subsequent market space rhythm. At present, the price has successfully broken through the lifeline and switched upward to enter the lifeline to the upper track. 3339-3396
Then, in the case of subsequent market holding the lifeline, maintain the upper range sweep, yes, it is still the rhythm of sweeping, just change the space
2. The four-hour pattern opens slightly upward, pointing to the upward direction
Starting from the lower track 3283 of the squat probe pattern, it has risen steadily. After repeatedly determining the lifeline position 3310 area, it will start to rise further and the pattern will open upward
The lifeline position coincides with the support 3330-3328 area repeatedly determined last Friday, and together they become the last defensive dividing line for the bulls to rise
3. The double-line interval 3330-3325 of the hourly chart has become a space switching area, which previously suppressed the price from falling further, and now it has turned into support, and will rely on the price to further rise Step up, pay attention to the role of the dividing line
4. Maintain the idea of switching with the same profit space, start from 3283 and calculate 3313, then 3328, then 3343, then 3358, and finally 3373, and then 3388, and 3403 (here needs to be highlighted)
5. As shown in the figure, the purple large channel range is swept, the space range is about 100-150 US dollars, this wave of increase is about 100 US dollars, and there is still room to pay attention to. The upper track of the channel overlaps with the upper track of the daily line pattern in the 3396-3400 area, and the 3403 position mentioned above together become the next space dividing line area
In summary, for the current gold, it is still in the rising stage, and the idea remains low and bullish. Pay attention to the process The intensity and amplitude of the adjustment can be squatted to gain leverage, or sideways for a period of time to gain space. Both are ways of correction. After the correction is completed, continue to be bullish and break through.
Referring to this idea, we gave a long position from 3358-3356 in the afternoon. As expected, it sprinted to 3375 as of press time. Those who keep positions should pay attention to the upward loss point, and then pay attention to further rise.
Of course, today's trend will be more tiring, so there is still an opportunity to step back and buy low. Pay attention to the 3364-3362 position to continue to buy low (aggressive 3366 can start), stop loss 3355, target 3380-3388
Another extreme sweep needs to pay attention to the 3342-3339 and 3330-3328 areas. This needs to be determined according to the situation. Pay attention to 3388 and 3396-3403 when switching upward.
GOLD: Local Bullish Bias! Long!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,324.79 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 3,330.13.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
XAUUSD Approaching Breakout Zone – Watch for Confirmation GOLD (#XAUUSD) – High-Probability Bullish Continuation Setup
Gold is maintaining its strong bullish structure on the daily timeframe, having recently respected a rising trendline, confirming ongoing buyer interest and market confidence.
Currently, price action is forming a well-defined Cup & Handle pattern, which is considered a high-probability bullish continuation formation. The market closed last week near the neckline resistance around the 3367 level, showing signs of pressure building for a breakout.
Key Technical Insight:
A daily candle close above 3367 will confirm a breakout of the neckline and validate the bullish setup. However, for entry confirmation, a clean breakout and daily close above 3380 will provide a stronger technical signal and reduce the likelihood of a false breakout.
Technical Summary:
Chart Pattern: Cup & Handle
Trend Structure: Rising Trendline (Confirmed)
Neckline Resistance: 3367
Breakout Entry Level: 3380+
Bias: Bullish
Timeframe: Daily
XAUUSD Pre-FOMC SMC Setup This is a Smart Money Concept (SMC) based bullish setup on XAUUSD (Gold) ahead of the upcoming FOMC statement release. The idea builds on internal liquidity grabs, break of structures (BOS), and refined entry from a high-probability H1 bullish order block.
🧠 Price Action Narrative:
Price formed multiple Market Structure Shifts (MSS) and Breaks of Structure (BOS) following a mitigation of the higher H1 OB.
The final BOS to the upside was preceded by a sweep of short-term sell-side liquidity (marked as “$$$”), confirming bullish intent.
Price tapped into a refined H1 Order Block (OB) at ~3295.552, which also aligns with a previously unmitigated demand zone.
Clean reaction seen with strong bullish momentum pushing toward the next H1 Supply Zone (H1 SP).
🧩 Key SMC Zones:
H1 OB Entry Zone: ~3295.552
H1 SP Target Zone: 3318–3324
Invalidation Below: 3283.643 (OB low)
🕓 FOMC News Impact:
The FOMC statement in 15 minutes adds volatility potential. The bias remains bullish unless price invalidates the H1 OB. However, news-driven momentum could:
Accelerate the move into the H1 SP zone.
Induce a liquidity sweep before the actual push.
Temporarily fake out and then return to internal structure.
🎯 Trade Management Considerations:
Risk should be adjusted accordingly due to upcoming high-impact news.
Aggressive TP near the H1 SP.
Conservative traders may want to monitor how price reacts at MSS or internal resistance zones.
7.8 Gold Analysis7.8 Gold Analysis
Currently, the market is in a tug-of-war between long and short positions
1. Short forces (suppressing gold prices):
Federal Reserve hawkish expectations: Strong non-farm data has reduced market expectations for a rate cut in July, and even strengthened the "higher and longer" interest rate stance.
Stronger US dollar and US Treasury yields: Cooling expectations for rate cuts have pushed up the US dollar and Treasury yields, increasing the opportunity cost of holding interest-free assets such as gold.
2. Long forces (supporting gold prices):
Geopolitical risks: Trump's threat to impose tariffs (trade friction risks) and other unspecified geopolitical tensions have increased gold's safe-haven appeal.
Economic uncertainty: Potential trade frictions themselves will also bring uncertainty to the economic outlook, which is good for gold.
Technical analysis
Watershed: 3320
Resistance level (short selling area): Near 3320
Strategy: Before the price effectively breaks through and stabilizes at 3320, any rebound to this position is seen as a short selling opportunity.
Breakout signal: If the price effectively breaks through and stands above 3320, the technical pattern will turn bullish, and the bearish idea should be abandoned. Consider going long or waiting.
Today's strategy
SELL: around 3320
SL: 3330
TP: 3310-3280
Be cautious in trading and control the risk! I wish you a smooth transaction!