GOLDCFD trade ideas
[XAUUSD] Reversal Signals from Key Support As of the July 28–29 trading sessions, the XAUUSD 15-minute chart is showing early signs of a bullish reversal, with price reacting strongly at a key Fibonacci support zone and breaking through a descending trendline.
1. Price Action and Technical Structure
After a prolonged downtrend from the 3,430 zone, gold found support at the 0.618 Fibonacci retracement (3,327.85), aligning closely with the horizontal support at 3,324 – 3,327.
A descending trendline has been breached, signaling a potential breakout setup.
A potential ZigZag corrective wave structure is forming, hinting at the beginning of a new bullish swing.
2. Fibonacci Extension & Upside Targets
The Fibonacci extension tool suggests a possible rally toward the 3.618 extension at 3,425.
This level marks the next major upside target if the breakout holds.
3. Key Price Levels
Price Zone
Technical Significance: 3,327 – 3,324 Major support zone (Fib 0.618 + horizontal support)
3,350 – 3,355 First reaction zone / interim resistance
3,380 – 3,400 Strong resistance zone
3,425 Final target – 3.618 Fib extension
4. Suggested Trading Strategy
Long Setup – Breakout & Reversal Confirmation
Entry: 3,328 – 3,332 (after bullish confirmation above trendline and support)
Stop Loss: Below 3,320 (beneath local swing low)
Take Profit: 3,355 → 3,380 → 3,425 (scaling out by zone)
Bearish Continuation Scenario
If price drops below 3,320 and breaks 3,307 support, the bullish outlook is invalidated, and a retest of deeper levels is likely.
5. Volume and Confirmation Cues
Volume has started to pick up as price tests the breakout zone – indicating that buying pressure may be returning.
Wait for a strong bullish candle with volume above average before committing to the trade.
Gold is approaching a critical inflection point, and bulls may regain control from this confluence support zone. Stay alert for a breakout confirmation. Save this idea if you find it helpful and follow for more high-probability strategies!
Only by understanding the trend can you be firmly bullish.The market is changing rapidly, and going with the flow is the best way to go. When the trend comes, just go for it. Don't buy at the bottom against the trend, so as not to suffer. Remember not to act on impulse when trading. The market is good at dealing with all kinds of dissatisfaction, so you must not hold on to 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. You will not be able to eat or sleep well, and you will miss many opportunities in vain. If you also have these troubles, then you might as well follow Tian Haoyang's rhythm and try to see if it can make you suddenly enlightened. If you need help, I will always be here, but if you don't even extend your hand, how can I help you?
Gold rose unilaterally after the positive non-farm payrolls on Friday, hitting a new high this week. This week's K-line closed in a hammer shape, and the gold hourly line has a double bottom structure. However, gold should not have such a big retracement for the time being. The 3335-3330 line below is also an important support. So gold will mainly be bought on dips above 3335-3330 next week. Technically, there is still room for growth next week. The bulls continued to attack at the end of Friday and closed at 3363. Next week, we will continue to pay attention to the short-term suppression at the 3370-3375 line above. In terms of operations, we will continue to maintain retracement and buy. If your current operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate and exchange. Judging from the current gold trend, the short-term resistance above next week will be around 3370-3375, with a focus on the important pressure line of 3395-3400. Keep buying on pullbacks, and try to maintain a stable wait-and-see position in the middle. I will prompt the specific operation strategy at the bottom, so please pay attention in time.
Gold operation strategy: Go long on gold when it retraces to around 3340-3330, target 3370-3375, and continue to hold if it breaks through.
XAUUSD Expecting bullish Movement Price respected the Strong Demand Zones at 3350 & 3340, showing clear signs of buyer strength. After forming a falling wedge pattern, a bullish breakout was observed — confirming potential upside momentum.
Zone Analysis
3350 Zone: Minor support confirmed with consolidation
3340 Zone: Stronger support with buying pressure visible
Current Price: 3362
First Target: 3380
Second Target: 3399
A clean move above the wedge resistance is now playing out, and as long as price holds above 3350, bullish momentum remains valid.
Monitoring price action around 3380 for partials, and watching for clean sweep into 3399
GOLD H2 Intraday Chart Update For 29 July 2025Hello Traders, Welcome to new day
we have US JOLTS high impact news today, for market sustains above 3300 psychological level
if market successfully break 3280 level then it will move towards 3280 or even 3270
if market crosses 3330 level successfully then it will move towards 3345 or even 3360
All eyes on FOMC & NFP news for the week
Disclaimer: Forex is Risky
Gold Price Update – Bearish Flag Signals Possible Drop AheadGold is currently trading around $3,324, showing consolidation after a recent decline from the $3,345 region. The chart shows a bearish flag pattern forming after the sharp drop, indicating potential continuation of the downtrend. If gold fails to break above this region, sellers may push the price lower towards $3,301 and possibly $3,275.
The descending trend line adds further bearish pressure, limiting upside momentum unless gold decisively breaks and holds above $3,345. Overall, gold remains under short-term bearish sentiment, with the focus on support retests. Any bullish momentum will only be confirmed if the price closes above the flag and trendline resistance.
Key Points
Resistance Zones: $3,328 (0.618 Fib), $3,345 (flag top).
Support Zones: $3,301 (Fib base), $3,284, and $3,275 (bearish extension).
Trend Outlook: Short-term bearish unless price breaks above $3,345 with volume.
Bearish Targets: $3,301 → $3,284 → $3,275.
Bullish Invalidations: Break and close above $3,345 may shift bias to bullish.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
That was worth waiting for! We were expecting higher to then short this into the level we wanted, but as you can see, we had no red box break and our bias level was 3335. That resistance gave us an opportunity early session to get in and then the break of the 3320 level confirmed the move completing a majority of our targets.
Now we have support here and resistance at the 3395 level and above that 3406. We have a lower level here of 3375 which we feel if targeted and rejected, could give the opportunity for a RIP into the higher levels.
KOG’s Bias of the day:
Bearish below 3450 with targets below 3420✅, 3410✅, 3406✅, 3397✅ and 3390✅
Bullish on break of 3450 with targets above 3455, 3458, 3464 and 3478
RED BOXES:
Break above 3435 for 3440, 3446, 3449 and 3461 in extension of the move
Break below 3420 for 3410✅, 3406✅, 3397✅ and 3379 in extension of the move
As always, trade safe.
KOG
XAUUSD idea for upcoming weekThe chart presents a bearish outlook for gold based on a retracement and continuation pattern. Here's a detailed analysis:
🔍 Chart Summary:
Current Price: Around 3336
Bias: Bearish (after retracement)
Resistance Zone: 3370 – 3380
Sell Confirmation Area: Upon rejection from the 3370–3380 resistance zone
Target 1 (TP1): 3300
Target 2 (TP2): 3280
📈 Technical Structure:
Recent Trend:
The price has dropped sharply from its recent peak.
Now it's attempting a pullback to previous support, which has turned into a resistance zone (3370–3380).
Price Action Expectation:
A retracement is expected toward 3370–3380.
If the price gets rejected from this resistance block, the chart suggests the formation of a lower high.
After rejection, a bearish continuation is expected.
Projected Move:
Short entry around the resistance zone.
Targets:
TP1: 3300 (intermediate support)
TP2: 3280 (major support)
🧠 Trade Idea Logic:
The chart follows a classic bearish price action setup: impulse → retracement → continuation.
The consolidation and break area has flipped from support to resistance.
The retracement zone is clearly defined, making it a high-probability area for reversal if bearish signals (e.g., rejection candles) form.
⚠️ Key Considerations:
Wait for confirmation: Do not enter blindly at 3370–3380. Look for rejection patterns (like a bearish engulfing or pin bar).
Volume and fundamentals: Watch for economic data or geopolitical news that might invalidate the technical setup.
SL Suggestion: Above 3385 or 3390 to allow some room for wick spikes.
Gold continue to rise rapidly?Hello everyone! Let’s dive into what’s been happening with XAUUSD lately.
Last week, gold delivered a stunning reversal - plunging sharply and then surging nearly 800 pips within just a few sessions. This rapid shift was largely triggered by key remarks from the Federal Reserve Chair and several important economic data releases.
Specifically, weaker-than-expected US employment data has fueled growing expectations that the Fed could begin easing monetary policy sooner than anticipated. At the same time, a global financial survey shows that analyst sentiment toward gold is at its highest in months. In the face of persistent global uncertainty, gold is once again attracting strong safe-haven demand.
Despite the impressive rally, volatility remains high. The next moves in gold will likely hinge on upcoming economic indicators and further statements from Fed officials. Meanwhile, the holiday calendar may lead to quieter trading sessions ahead.
From a technical perspective, gold has broken out of its previous downtrend channel and is moving quickly. According to Dow Theory, a short-term correction may occur, but as long as price holds above key support levels, the bullish momentum could extend toward $3,416 — the 1.618 Fibonacci extension.
This breakout could mark the beginning of a new bullish phase after weeks of consolidation.
What do you think – is this just the start of something bigger for gold?
XAUUSD – The Structure Is Still Bullish... But Barely Holding 📌 In yesterday’s analysis, I mentioned that although Gold corrected deeper than expected, dropping below 3400, the bullish structure remained intact — and I stayed true to that view by buying dips.
🎯 The trade didn’t go as planned. Fortunately, the New York rebound from 3350 helped me exit at breakeven.
🧭 So now the big question is:
Is Gold reversing to the downside?
The answer: Not confirmed yet.
The structure is technically still bullish, but the chart is far from pretty.
🧨 What’s going wrong?
❌ Bearish engulfing candle on Wednesday – I chose to ignore it yesterday, but it’s still there.
❌ The breakout above 3375 (ascending triangle resistance) is failing – and could now turn into a false breakout trap.
❌ The ascending trendline from January 2025 is under pressure.
❌ And if today we close near 3350, the weekly chart will show a bearish Pin Bar – not exactly a sign of strength.
📉 My current plan:
- If price rallies back above 3380 → I’m looking to sell into strength, not buy.
- If we break below 3350 → I’ll also look to sell the breakdown.
Right now, for Gold to regain bullish momentum, it needs to reclaim 3400. No compromise.
⚠️ Summary:
Yes, the bigger structure is still bullish.
But momentum is fading, and price action is starting to turn against the bulls.
We need confirmation, not hope.
If 3350 breaks cleanly – things could accelerate to the downside.
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.
Weekly Trend Radar1. Macro Market Overview
Last week, the Federal Reserve kept interest rates unchanged, as widely expected. The decision was fully priced in, and the press conference offered no surprises: future rate cuts will depend on incoming economic data.
Markets initially reacted with a decline, but I do not see a structural break in the uptrend for commodities. It looks more like a healthy cooldown before the next leg higher .
However, the equity market is showing signs of deeper weakness . Historically, August tends to be a challenging month for stocks, and what we may be witnessing now is not a short-term correction but the early stages of a major downtrend.
Cryptocurrencies followed equities lower due to their high-beta, risk-on nature, but similar to metals, I believe the correction is temporary and the broader uptrend remains intact.
In energy markets, oil remains volatile — no clear setup for a long position yet. Natural gas has reached support and may offer a cautious long opportunity, though the medium-term trend is still bearish.
Overall, global markets are holding key levels, except for equities, which now look the weakest.
2. Metals
Buy the Dip!
🥇Gold
Gold ended the week slightly higher — a strong performance considering the broader market weakness. Its resilience highlights its role as a safe-haven asset. The bullish trend remains intact, and institutional support appears to be holding.
Trend: Bullish
Key Levels: Support at 3245, resistance at 3450
Position: Looking for a long entry next week
🥈Silver
A more volatile asset compared to gold, silver has pulled back but remains within its bullish trend. Friday’s daily candle showed promise, bouncing from the 50-day moving average. Despite not closing above Thursday’s high, the setup is constructive.
Trend: Bullish
Key Levels: Support at 36.30, resistance at 38.00
Position: Long, stop below Friday’s low at 36.30. New entries still valid.
⚪️Platinum
Similar structure to silver. Friday’s reversal candle signals potential continuation of the bullish move.
Trend: Bullish
Key Levels: Support at 1280, resistance at 1480
Position: Long, with stop below Friday’s low. Valid setup for new positions.
🔘Palladium
Strong technical picture even without a test of the 50-day MA. Remember — these MAs are not entry signals, but trend indicators. Entry is based on confluence, not location alone. And it would be nice to finally see parity with platinum.
Trend: Bullish
Key Levels: Support at 1185, resistance at 1260, 1310, 1340, 1370
Position: Planning to enter long at Monday’s open if the market is supportive. No entry if risk-off sentiment dominates.
🟠Copper
Copper is one of the most compelling setups this week. After a sharp 25% decline, it remains in an overall uptrend. Friday’s bullish candle on the daily chart is promising. A potential new rally may start from here.
Trend: Bullish
Key Levels: Support at 4.35, resistance at 5.15
Position: Planning to enter at Monday’s open, stop below Friday’s low.
3. Energy Markets
🛢️Crude Oil
I'm leaning toward a long setup, but Friday’s red candle on the daily chart signals the need for caution. Waiting for a clear reversal candle before entry.
Trend: Bullish
Key Levels: Support at 68.30, resistance at 72.68, 75.00, 77.70
Position: Waiting for lower volatility and confirmation from daily chart structure.
🔥Natural Gas
The asset has reached a strong support zone. Daily candles are starting to form a potential bottoming pattern, but we need to break through resistance at 3.20 to gain confidence.
Trend: Bearish (medium-term)
Key Levels: Support at 3.00, resistance at 3.20, 3.35, 3.65
Position: Cautious long, small size. Stop-loss is wide, so risk management is key.
4. S&P 500
📉I believe we are entering a major downtrend in the stock market. This is not just a correction — it's likely the beginning of a more sustained decline. I’m shifting my bias to short.
Trend: Bearish
Key Levels: Support at 6150; resistance at 6430
Position: Waiting for short opportunity.
5. Bitcoin
₿Bitcoin followed the equity market lower. The trend is still technically bullish, but the recent risk-off tone in equities warrants caution. Crypto is not a defensive asset and tends to experience sharper drawdowns.
That said, I do not expect another prolonged "crypto winter." Institutional involvement has improved market depth and liquidity, reducing the severity of future crashes — though volatility will remain elevated.
Trend: Bullish
Key Levels: Support at 112.000; resistance at 117.000, 121.000, 123.300
Position: Long, stop below Friday’s low. Act with caution.
How to correctly grasp the gold trading opportunities?Yesterday, gold prices saw a technical rally amidst volatile trading, followed by a downward trend under pressure. Bulls strongly supported a rebound at 3280 in the Asian session. The European session saw an accelerated upward move, breaking through 3314 before retreating under pressure. We also precisely positioned short positions below 3315, achieving a perfect target of 3290-3295. During the US session, the market again faced pressure at 3311, weakening in a volatile trend before breaking through 3300. The daily chart ultimately closed with a medium-sized bullish candlestick pattern, followed by a pullback and then a decline.
Overall, after yesterday's rebound, gold prices remain under pressure at the key resistance level of 3314. The short-term bearish weakness line has moved down to this level. If pressure continues in this area in the short term, gold will maintain a weak and volatile structure, with intraday trading remaining focused on rebounds and upward moves. If you are currently experiencing confusion or unsatisfactory trading strategies, please feel free to discuss your options and help avoid investment pitfalls.
From a 4-hour analysis perspective, focus on resistance at 3305-3315 on the upside. A rebound to this level is a good opportunity to short against resistance. Focus on support at 3280-3270 on the downside. Unless the price stabilizes strongly, consider not entering long positions below this level. The overall strategy remains to short on rebounds, with the same rhythm. I will provide timely notifications of specific levels from the bottom, so keep an eye on them.
Gold Trading Strategy: Short on rebounds near 3305-3315, with targets at 3290-3280-3270.
XAUUSD is still bearish Gold is currently below rising channel and holding the Range of 3320-3335,although yesterday implusive drop is incompleted without testing 3290-3280
What's possible scanarios we have?
▪️I'm still on bearish side till 3345 is invalidated and candle flips above. I open sell trades at 3332 again and holds it .
if H4 & H1 candle close above 3345 I will not hold or renter sell.
▪️Secondly if H4 candle closing above 3345 this down move will be invalid and Price-action will reached 3370.
GOLD BUY M15 Gold (XAUUSD) 15-Minute Chart Analysis – July 28, 2025
Price is currently forming a potential bullish setup after a recent drop. A bullish order block area has been highlighted (purple zone), indicating a possible demand zone where buyers might step in.
Entry Zone: Around 3333 – current price region.
Stop Loss (SL): 3322 (placed below the demand zone).
Target: 3350 – marked as the main bullish target.
The expected move is a bounce from the demand zone, with multiple small retracements, leading to a potential breakout toward the resistance zone around 3350.