GOLD Will Go Higher From Support! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 3,311.57.
Taking into consideration the structure & trend analysis, I believe that the market will reach 3,369.04 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GOLDCFD trade ideas
Gold Market Update: Major Support at and Supply atGold is recovering after a strong drop from the previous range high. Price is approaching a 4H Order Block near the 3300–3310 zone, which may act as a supply area. A minor liquidity zone has just been tapped, suggesting a potential short-term rejection.
The major support lies at 3269, which sparked the recent bullish move. If price rejects from the OB zone, a pullback toward this support is likely. However, a clean break and hold above the OB may signal further upside.
📌 Key Levels:
Supply Zone: 3300–3310
Support: 3269
🧠 Wait for clear confirmation before executing trades.
SHORT-TERM TECHNICAL ANALYSIS FOR GOLDXAUUSD broke down sharply from the 3,330 🔽 resistance zone, violating trendline support and slicing through 3,300 🔽. Price has now found temporary support at 3,270 🔽 and is attempting a retracement.
Support Levels: 3,270 🔽
Resistance Levels: 3,300 🔼, 3,315 🔼, 3,330 🔼
Bias:
🔼 Bullish: If price breaks and retests above 3,300, a push toward 3,315 or even 3,330 is possible.
🔽 Bearish: Failure to reclaim 3,300 could lead to continued downside toward 3,270 or even lower.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
XAUUSD: July 30th Market Analysis and StrategyGold Technical Analysis:
Daily Chart Resistance: 3351, Support: 3300
4-Hour Chart Resistance: 3340, Support: 3310
1-Hour Chart Resistance: 3334, Support: 3315.
Trading risk will increase today. We will focus on the Federal Reserve's interest rate decision and the ADP employment data, which are expected to increase market liquidity. If trading, please avoid news releases.
On the daily chart: Bollinger Bands are moving horizontally, with gold prices trading above the lower band. The MACD indicator has formed a downward death cross, indicating a release of bearish momentum. The RSI indicator has fallen back into the overbought range of 50-40, indicating a clear bottoming out and rebound in gold prices.
On the 4-Hour Chart: Bollinger Bands are narrowing, with gold prices trading near the middle band. The MACD indicator is beginning to turn upward, and the RSI is showing an oversold rebound. Gold prices are poised for an upward rebound! The NY market is focusing on the $3351 resistance level above and the $3308 support level below.
SELL: 3351near
BUY: 3315near
Gold Analysis and Trading Strategy | July 30✅ Fundamental Analysis
🔹 Short-Term Decline in Safe-Haven Demand:
Recent developments, including the U.S.-EU tariff agreement and the resumption of U.S.-China trade talks, have temporarily eased market tensions, weakening gold's appeal as a safe-haven asset.
🔹 Dollar Rebound Pressures Gold:
The U.S. Dollar Index rebounded sharply after a second bottoming attempt, breaking above the key 98.10 resistance level. This strengthened pressure on gold and limited its upward potential.
🔹 FOMC Rate Decision in Focus:
The Federal Reserve will announce its interest rate decision today. The market’s focus is on whether a signal for a potential rate cut in September will be delivered.
If the statement is hawkish, downplaying the chances of a rate cut, the dollar may strengthen further, possibly pushing gold to test support near $3300.
If the Fed adopts a dovish tone or hints at a September rate cut, it may trigger a breakout above the $3350 resistance level.
🔹 Key U.S. Economic Data Ahead:
Today also brings the release of ADP employment data and the Q2 GDP revision.
If GDP growth exceeds expectations (>2.0%), it may strengthen the case for prolonged higher interest rates, which would be bearish for gold.
If data disappoints, it could reinforce dovish expectations and support a rebound in gold prices.
✅ Technical Analysis
🔸 Gold continues to fluctuate within the $3333–$3320 range, reflecting a market in wait-and-see mode ahead of the Fed decision.
🔸 Short-term price action still favors the bearish side, but strong support below and persistent geopolitical risks are offering some downside protection for gold.
🔴 Resistance Levels: 3355 / 3375 / 3380
🟢 Support Levels: 3310 / 3300 / 3280
✅ Trading Strategy Reference:
🔰 If the price rebounds to the 3355–3365 zone, consider light short positions
⛔Stop-loss: Above 3380
🎯 Target: Around 3320
🔰 If the price pulls back and stabilizes around 3310–3300, consider short-term long positions
⛔ Stop-loss: Below 3285
🎯 Target: 3340
🔰 If the price breaks below 3300, bearish momentum may extend toward 3280
🔰 If the price breaks above 3355, the bearish structure will likely fail, and gold may resume its upward trend
✅ With the market entering a high-impact news period at month-end, volatility is expected to increase significantly. Traders should set stop-losses strictly and manage position sizes carefully to mitigate the risks of sudden market moves.
Gold Next Move Possible Hello Traders, Today I’m back with another idea.
As you know gold has changed the trend from bullish to the bearish.
The gold has fallen from the area 3438 to 3351. Now the current price is 3358.
I’m looking for the sell zone, In my view gold will drop till 3310.
I’m monitoring the sell zone 3364-3371, when the market touches the zone, I will add sell and my target will be 3310. Keep in bear my first target is 3351, second target is 3337 and the last target is 3310.
In the case if price breaks the 3377 area then we will have to wait until confirmation for another setup.
Stay Tune for every update.
Kindly share your ideas and leave positive comments. Thanks Everybody.
XAUUSD 5M SUPPLY SETUPDuring the Asia-to-London session, price was in a clear uptrend, printing higher highs. However, in the pre-New York session, momentum shifted , price failed to break the recent high and instead formed a new low, eventually breaking structure with a lower low and confirming a trend reversal. This move left a clean supply zone behind. Price later retraced to that supply zone and showed strong rejection with a clear wick reaction, signaling potential selling pressure. I waited for the candle break and entered short, placing stops above the highest wick within the zone. Targeted a 1:2 R:R. Price consolidated briefly but eventually hit target, securing profits and wrapping up the session with discipline and precision.
XAUUSD Analysis: Watching 3323.52 as Potential Support-Turn-ResiPrice action on XAUUSD suggests that the 3323.52 level may act as a key area of interest. Following the recent break below a structural low, I am anticipating a possible retracement toward this zone, where it could serve as a support-turned-resistance level.
Should price react to this area and fail to reclaim it, we may see a continuation of bearish momentum driving price lower.
📌 Key Level: 3323.52
📉 Bias: Bearish below this zone
🔍 Confirmation: Watching for rejection or bearish structure on lower timeframes around the level
Gold repeatedly tested lows. Will it break through?On Monday, the Asian market opened low and rose in the early trading. In the European trading, it rose to around 3345. The European trading was under pressure and fluctuated. The US trading began to accelerate its decline, and the lowest point reached around 3302. Then it continued to fluctuate in the range of 3300-3320.
On July 27, the United States and the European Union reached a framework trade agreement; the agreement reduced market concerns about the global economic recession, promoted the attractiveness of risky assets, and boosted the stock market and the US dollar. Although Trump has repeatedly pressured for a substantial interest rate cut, the market has strong expectations for a September interest rate cut. The current expectation of maintaining a stable interest rate dominates the market, coupled with the strength of the US dollar, which puts gold prices under downward pressure in the short term.
Gold opened low in the early trading on Monday and then rebounded to recover the losses, but then fell below the low again, and the daily line closed in the negative, and now it has formed a four-day negative decline. MA5 and 10-day moving averages form a dead cross, and there is a downward turn.
The focus on the upper side is around Monday's high of 3345, which is also near the current position of MA5, 20, and 30-day moving averages. Below this position, gold is weak; if it breaks upward, it is necessary to prevent the possibility of a rebound correction.
The lower support first focuses on the 3300 integer mark; secondly, focus on the area around 3285-3275.
Operation strategy:
Short near 3340, stop loss 3350, profit range 3320-3300;
Long near 3300, stop loss 3290, profit range 3320-3340.
Before the release of US data on Tuesday, you can maintain this operation strategy; after the data is released, adjust the strategy based on the impact of the data.
XAUUSD approaches a strong buy zoneGold is approaching a strong buy area. Aggressive traders set pending orders whereas cautious ones wait for some confirmation signals in the range of such zones. I expect buyers to push price back up for atleast half day today Follow risk management to enjoy your trading journey.
Target1 3374
July 29, 2025 - XAUUSD GOLD Analysis and Potential OpportunitySummary:
The downtrend continues, but a technical rebound is possible today.
Keep a close eye on the 3310 level — if price holds, bulls may fight back and we look for long setups on pullbacks.
If 3310 is broken, the bearish momentum is likely to extend, and we shift to selling on failed rallies. The next significant support lies at 3283.
🔍 Key Levels to Watch:
• 3384 – Resistance
• 3375 – Key resistance
• 3365 – Resistance
• 3345 – Resistance
• 3320–3325 – Key resistance zone
• 3310 – Critical support
• 3300 – Psychological level
• 3283 – Major support
• 3275 – Support
• 3265 – Support
📈 Intraday Strategy:
• SELL if price breaks below 3310 → target 3305, then 3300, 3290, 3283
• BUY if price holds above 3320 → target 3325, then 3336, 3345, 3350
👉 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!
Disclaimer: This is my personal view, not financial advice. Always use proper risk control.
Gold analysis Gold (XAU/USD) Technical Analysis
Date: July 28, 2025
Market Context
Gold (XAU/USD) is currently trading at $3,313.01, showing a modest gain of +0.32% on the day. From a Smart Money Concepts (SMC) perspective, price action is now positioned at a high-probability demand zone, presenting an attractive opportunity for long positions.
Key Technical Observations
Liquidity Grab at $3,308
Price has recently swept the liquidity resting below $3,308, indicating the possible completion of a stop-hunt move orchestrated by institutional players. This move created an ideal setup for a bullish reversal from a zone where weak longs have been shaken out.
Discounted Price Zone (89% Fibonacci)
The market has retraced deeply into a discounted region, reaching the 89% Fibonacci retracement level of the most recent bullish leg. This zone coincides with a previously identified demand block, enhancing the confluence for potential bullish continuation.
Market Structure & Order Blocks
The current structure shows a bullish intent with price revisiting a bullish order block that previously led to a strong rally. The reaction from this block is key—holding above $3,300 would confirm buyers stepping in with conviction.
Internal Liquidity Void (Imbalance)
A visible inefficiency (price imbalance) exists between $3,345 and $3,398, acting as a magnet for price in the short-to-mid term. This inefficiency aligns perfectly with SMC principles that favor price filling these voids.
Bullish Targets
If price holds and confirms bullish intent from the current zone, we expect a move toward the following key levels:
Target 1: $3,345
This is the midpoint of a previous consolidation range and also lies just above the 50% Fibonacci level.
It also aligns with a minor supply area and could serve as a first TP level.
Target 2: $3,398
This is the upper bound of a key supply zone that previously initiated a strong sell-off.
It coincides with the 0.00% Fib retracement, marking the origin of the most recent bearish leg.
Waiting for Gold to Dump| Area Of OpportunityWe can clearly see the overall trend of Gold, which is bearish. As the price action we see bearish FVA (Fair Value Areas/Swing Lows) being run. The anticipation is to wait for the latest Swing low to be ran, before looking for entries.
Why?
Because, the path towards our nearest POI (Point Of Interest) will have a low resistance. Meaning price might expand lower smoothly.
Gold short-term rise waiting for breakthrough
💡Message Strategy
During the Asian trading session, gold prices rebounded slightly from $3,320, filling the short gap at the start of the new week. As investors chose to stay on the sidelines before the Fed's two-day monetary policy meeting, the bullish force of the US dollar temporarily weakened, providing support for gold, an interest-free asset.
However, with the 15% tariff agreement between the United States and Europe and the positive progress of trade easing between the United States, Japan and the United States, market risk appetite has rebounded, weakening the appeal of gold as a safe-haven asset.
According to market surveys, "The current optimistic atmosphere of trade has weakened the safe-haven demand for gold, while the weakening of the US dollar has provided support for gold prices. The two forces offset each other, causing gold to fluctuate."
Investors are focusing on the FOMC meeting to be held on Tuesday. Although Trump continues to pressure the Fed to cut interest rates, the market generally expects that the interest rate will remain unchanged at this meeting because the US labor market remains strong.
In addition to the interest rate decision, this week will also usher in the US second quarter GDP estimate, PCE price index and non-farm payrolls report, all of which may have a significant impact on gold.
📊Technical aspects
From the technical trend, gold triggered a rapid correction after breaking below the lower edge of the short-term rising channel and the 50% Fibonacci retracement level last week. The current gold price stabilized in the $3,320 area and received some buying at the 61.8% Fibonacci support.
However, it is worth noting that the 200-period moving average on the 4-hour chart is at $3,350, which constitutes an important technical resistance for a short-term rebound. On the contrary, if gold breaks through the $3,350 level, gold will continue to develop a bullish pattern.
From the technical trend, gold triggered a rapid correction after falling below the lower edge of the short-term rising channel and the 50% Fibonacci retracement level last week. The current gold price stabilized in the $3,320 area and received some buying at the 61.8% Fibonacci support.
However, it is worth noting that the 200-period moving average on the 4-hour chart is at $3,350, which constitutes an important technical resistance for a short-term rebound.
On the contrary, if gold breaks through the $3,350 line, it will be expected to attack the $3,371-3,373 area in the short term, and further look to the key pressure levels of $3,400 and $3,440.
💰Strategy Package
Long Position:3320-3325,SL:3300,Target: 3350
GOLD: clean pullback - now let’s see if support holdsGold continues to trade within an ascending channel on the 4H chart. After a local high, the price pulled back and is now approaching the key zone at 3333–3335. This area lines up with the 0.79 Fib retracement, the lower channel boundary, and a major volume cluster — a classic confluence zone.
If buyers show up here and we get a bullish reversal candle, this becomes a valid long setup with a tight stop just below the level. First target is 3373 (0.5 Fib), followed by a potential retest of the high near 3439.
The structure remains intact, the pullback is orderly, and volume supports the move. As long as the channel holds - the bias stays bullish.
XAUUSD | Bullish - Deep Liquidity Grab + OB MitigationPair: XAUUSD
Bias: Bullish
HTF Overview (4H):
Structure remains bullish, with continuation expected toward prior 4H highs. Last week’s strong bullish intent signaled Smart Money’s directional commitment. Price reached deeper to seek liquidity beneath major sell-side lows, setting the stage.
LTF Confirmation (30M):
Price cleanly mitigated a 30M order block resting just under the swept liquidity. This reinforces the bias, and I’ll now be watching for LTF confirmations once the market opens.
Entry Zone: Within or just above the 30M OB
Targets: 5M and 30M internal highs. Trailing targets will depend on how price delivers.
Mindset Note: Patience is key here. I’m waiting for clean confirmation before executing — no rush. The story is written. I just need the trigger.
Weak non-farm payroll data injects newconfidence into gold bullsGold rebounded strongly late last week, shaking off early-week losses and surging toward key resistance at $3,400 per ounce as weak US jobs data rekindled hopes for a September rate cut by the Federal Reserve.
Spot gold closed at $3,363.16 on Friday (August 1st), up 2.23% on the day, or $73.24, after hitting a high of $3,363.37.
Lukman Otunuga, senior market strategist at FXTM, said Friday's rally in gold prices was impressive, driven by a plunging US dollar.
"From the chart, bulls were on a rampage that day, with $3,400 within 2% of the price at that point," he said. "With prices breaking through $3,330 resistance, the weekly chart is significantly bullish. A weekly close above this level could signal a move toward $3,400."
Last week, gold faced significant selling pressure after the Federal Reserve held interest rates steady and Chairman Powell raised uncertainty about a possible September rate cut.
"We haven't made a decision about September yet," Powell said at a press conference following the Fed's decision.
After disappointing U.S. job market data, lingering doubts about a September rate cut dissipated. According to the Bureau of Labor Statistics, the U.S. economy created only 73,000 jobs last month. Furthermore, total job growth in May and June was revised downward by 258,000. According to the revised data, only 14,000 jobs were created in June and 19,000 in May.
"This weaker-than-expected jobs report has dented confidence in the U.S. economy and put pressure on the dollar as markets anticipate a more dovish Fed, potentially leaning toward rate cuts to stimulate growth," said Aaron Hill, senior market analyst at FP Markets. "For gold, the disappointing jobs data reinforces its role as a hedge against economic uncertainty, supporting prices as investors seek stability."
According to the CME FedWatch tool, the market currently sees a 92% probability of the Fed easing monetary policy in September. Last Thursday, the market saw only a 38% chance of a rate cut.
Jamie Cox, managing partner at Harris Financial Group, said the Federal Reserve may ultimately regret its decision to hold interest rates steady earlier this week.
"A rate cut in September is a definite possibility, perhaps even a 50 basis point cut, to make up for lost time," he said.
Naeem Aslam, chief investment officer at Zaye Capital Markets, said he sees the potential for gold prices to steadily rise to $3,400 an ounce given the sharp shift in interest rate expectations.
"If the Fed signals a dovish stance, speculative inflows could push gold prices above the psychological $3,400 level, especially as investors seek safe havens during economic uncertainty," he said. "Technical indicators, such as a bullish trend in gold ETFs and rising open interest, support this potential breakout. We believe traders are already positioning for a dip bounce, with some analysts pointing to seasonal patterns in gold that typically gain traction after August. While volatility may still limit near-term gains, the overall trend looks positive, and the typical summer lull may be over."
This week will be light on economic data, with investors continuing to digest Friday's jobs report. Meanwhile, some analysts expect the economic uncertainty stemming from President Trump's ongoing trade war and global tariffs to further boost safe-haven demand for gold.
Trade tensions are providing another layer of support for gold. President Trump set an August 1st deadline for countries to finalize a trade deal. While the United States reached agreements with Japan and the European Union, resulting in a 15% increase in import tariffs, many major trading partners still face the risk of tariff increases.
As a result, exports from many countries now face significant cost increases. Specifically, Canada, the United States' second-largest trading partner, faces a 35% tariff increase. Meanwhile, India faces a 25% increase, Taiwanese exports will be subject to a 20% tariff, South African products face a 30% tariff, and Swiss goods face a 39% tariff.
Pepperstone market strategist Michael Brown said he remains bullish on gold, citing global trade uncertainty as a key factor driving its value as a monetary asset.
He said: "The diversification of reserves away from the US dollar and into gold, particularly in emerging markets, will continue for the foreseeable future. Of course, potential safe-haven demand stemming from concerns about the state of the US economy will further support the bullish view. The upside levels to watch remain the $3,400 mark, followed by a high of around $3,445, and then a potential run towards the all-time high of $3,500. I certainly wouldn't rule out the possibility of new highs in gold prices before the end of the year."
Chris Vecchio, Head of Futures Strategy and FX at Tastylive, said he sees gold as a very beneficial global currency.
"Tariffs mean that countries will trade less in US dollars, so I expect gold to continue to perform well as the world searches for an alternative monetary asset."