Currently trading in a Rectangular ChannelGOLD Analysis
CMP 2953.190 (03-08-2025 02:35AM PST)
Still Bullish on Bigger time frames.
Currently trading in a Rectangular Channel
with Immediate Support around 3260- 3270 &
Immediate Resistance around 3455 - 3460.
Weekly candle closing above 3340 - 3345 would
be a positive sign.
If this level is sustained, we may witness 3600 &
then 3800+
In Case of Extreme Selling Pressure, 3260 may break
& then the price may touch 3050 - 3100
XAUUSDG trade ideas
XAUUSD Gold Swing Trading Plan – 1st Week of August 2025 (H4 TF)Strategy Type: Swing Trade (Multi-Day Positioning)
Timeframe: H4 (4-hour)
Market Bias: Bullish Continuation
Risk Profile: Medium-to-Low Frequency, High Conviction
Trade Style: Buy-the-Dip, Scale-out Strategy
🧠 Macro & Technical Outlook
Gold is currently maintaining a bullish higher-high, higher-low structure on the H4 chart, reflecting continued strength from macro drivers including inflation hedging, softening USD, and a shift toward safe-haven assets amid geopolitical and economic uncertainty.
The market has recently completed a local impulse wave and is entering a healthy retracement phase. This sets up a textbook swing opportunity, where pullbacks to key Fibonacci levels can be capitalised for the next bullish leg up.
🔍 H4 Trading Plan Summary
✅ Phase 1: Buy on Pullback to 3360
Entry Zone: 3360 (H4 support and key retracement level)
Reasoning:
Confluence of dynamic support and 50–61.8% Fibonacci retracement zone of the previous H4 swing
Former resistance turned support (RBS zone)
Volume tapering and RSI cooling off — signalling a healthy setup for bullish continuation
Entry Trigger:
Bullish engulfing or pin bar candle on H4
Optional confirmation: RSI > 40 after bounce, MACD crossover
Stop Loss: Below 3340 (beneath structural support)
🎯 Target 1: 3383
Why:
Local resistance zone from previous H4 rejection wick
Close to psychological level and good zone for first partial profit
Action:
Secure 25% profits
Move SL to breakeven or +10 pips for risk-free continuation
Wait for next retracement
✅ Phase 2: Wait for Pullback After 3383
Retracement Zone: Estimated dip to 3370–3375 (higher low area)
Entry Trigger:
Confirmation of strong bounce at this level with tight consolidation and breakout on smaller timeframes (M30/H1)
🎯 Target 2: 3430
Why:
Strong historical resistance from early July
Mid-level of long-term range (3330–3480)
Often serves as decision point between accumulation or breakout
Action:
Secure additional 40–50% profits
Trail SL below the most recent higher low (~3390)
✅ Phase 3: Final Position Hold Toward 3475
Retracement Zone: Likely dip to 3410–3420 after 3430 is reached
Final Entry (Optional): Only if momentum is strong and structure holds
Target 3: 3475
Why:
Multi-month resistance and projected upside target from recent breakout
Round number magnet + liquidity zone for larger institutional exits
Action:
Close remaining 25–30% of the position
Reassess for breakout or reversal at 3475
⚠️ Risk Management Plan
Max exposure: 1.5–2% of account
Stop losses fixed — no averaging down
Use position sizing to handle swing duration volatility
Scale-in only with structure confirmation
🔁 Summary Table
Phase Buy Level Target SL Action
Phase 1 3360 3383 3340 Partial TP, BE SL
Phase 2 3370–3375 3430 3355–3365 Add size, secure more
Phase 3 3410–3420 3475 3390 Final TP, full exit
📊 Indicators to Watch (H4)
RSI: Look for 40–60 zone bounce and push toward 70
MACD: Cross above signal line confirms momentum
Volume: Increased buy-side volume at 3360–3375 confirms entry strength
🧭 Fundamental Considerations
Watch DXY: Weakness in Dollar continues to support Gold’s uptrend
FOMC or Jobs Data Ahead?: Any surprise comments from Fed could introduce volatility
Global Headlines: Risk-off flows (e.g., China/US tensions, war news) are bullish for Gold
Non-farm payrolls are coming. What's the gold trend?Gold fell sharply on Wednesday, but Thursday's market didn't continue the downward trend as some investors expected. Instead, it showed a trend of rising and then falling.
From the daily perspective, we first need to focus on the resistance level near 3300 where the 5-day moving average is located. This position is not only a short-term technical resistance, but also reflects the market's psychological expectations to a certain extent. If prices can successfully break through this level and stabilize above it, it will indicate that bullish momentum is strengthening, potentially boosting market sentiment. At this point, the next resistance area to watch is the 3330-3340 range. This area converges the 10-day, 20-day and 30-day moving averages, forming a strong resistance band.
As for the support below, the primary focus is Wednesday's low of 3268. However, if this level is lost and the price continues to fall, the next support area will be around 3245, which is the previous low.
Trading strategy:
Short around 3300, stop loss at 3310, profit range 3280-3260.
Short selling remains the main themeGold hit a low of around 3267 yesterday and fluctuated until closing at 3274. Gold fluctuated upward at the opening today. Currently, gold is fluctuating around yesterday's rebound point of 3305. This is the resistance we need to pay attention to in the short term.
From the 4H analysis, today's short-term resistance is around 3305-3315. If gold wants to rise, it needs to stabilize above 3315. Focus on the 3335 first-line pressure, and rebound to the 3305-3315 resistance area during the day. You can consider shorting and follow the trend to see the decline unchanged, looking towards 3290-3280. Rely on this range to maintain the main tone of high-altitude participation. For the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market.
Will Gold Break Higher or Resume the Downtrend?Gold has been trading within a defined rising channel pattern, forming a short-term consolidation phase after a significant bearish leg. The current setup presents a critical inflection zone where Gold (XAUUSD) could either break out above the resistance trendline and major resistance zones or retrace and resume the prior downtrend.
Traders and investors should pay close attention to the price behavior around these key levels for possible high-probability trading opportunities.
📊 Technical Breakdown
1. Rising Channel Pattern
Gold has been bouncing between a support trend line and a resistance trend line, forming a rising channel. This indicates a controlled upward movement or short-term relief within a broader downtrend.
Support Trendline: Has been respected multiple times and offers a key reference point for bullish continuation.
Resistance Trendline: Acting as a cap on the short-term rallies.
This pattern represents a state of consolidation and indecision, often preceding a strong breakout in either direction.
2. Major Resistance Zone Ahead
The region around $3,345–$3,355 is stacked with:
Previous supply zones.
Confluence of the channel resistance and historical price rejection.
Psychological level near $3,350.
This zone is the make-or-break point for bulls. A successful breakout above this resistance could open the doors for a strong bullish continuation targeting levels such as:
$3,370
$3,390
$3,400+
But without a convincing close above this zone, bullish attempts may get rejected, resulting in a pullback or even breakdown.
3. Immediate Support Zone
On the downside, $3,320–$3,325 is a key short-term support level:
Aligned with the lower boundary of the channel.
Previous breakout retest zone.
Demand area observed in past bounces.
If this zone fails to hold, Gold could witness a strong decline, with potential targets at:
$3,310
$3,290
$3,275
🧠 Two Scenarios for Traders
✅ Bullish Breakout Scenario:
Trigger: Price breaks above $3,355 and sustains.
Retest Opportunity: If price comes back to test the breakout zone with a bullish engulfing candle or pin bar, it can serve as confirmation.
Target Zones: $3,370 / $3,390 / $3,400+
Stop Loss: Below the breakout point or recent higher low inside the channel (~$3,320)
❌ Bearish Breakdown Scenario:
Trigger: Breakdown of the support trendline and close below $3,320.
Confirmation: A bearish retest or continuation candle adds strength to the setup.
Target Zones: $3,310 / $3,290 / $3,275
Stop Loss: Above $3,335 (recent high)
📝 Final Thoughts
The XAUUSD 1H chart is setting up for a volatile move as price action coils between strong support and resistance. The rising channel within the larger downtrend makes this an ideal setup for both breakout traders and trend followers.
For bullish traders, the best entry lies above the resistance trendline, ideally after a retest. For bearish traders, a breakdown below the support line confirms downside momentum continuation.
In either direction, a clear break from this consolidation channel is likely to deliver a fast, directional move. Patience is key—wait for a clean breakout or breakdown before entering large positions.
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GOLD Falls Back Toward the $3,300 ZoneOver the past four trading sessions, gold has depreciated more than 3.5%, showing a renewed and steady bearish bias around this major safe-haven asset in the short term. Selling pressure has remained strong recently, as confidence in financial markets has gradually improved. Investors have responded positively to the latest trade agreement developments, which have temporarily reduced concerns surrounding the trade war. As a result, demand for safe-haven assets has declined, directly impacting gold, one of the most important hedging instruments currently in the market.
Sideways Range Remains Active
Since late April, gold has been unable to establish a clear directional bias, and has remained trapped within a sideways range, with resistance around $3,400 per ounce and support at $3,300 per ounce. So far, price action has not been strong enough to break out of this structure. However, gold is now testing important support levels, where sellers could begin to face stronger barriers as the price attempts to break through the bottom of the established range.
RSI: The RSI line has consistently crossed below the neutral 50 level, indicating that selling momentum is becoming more dominant. If this trend continues in the short term, it could reinforce the presence of bearish pressure in upcoming sessions.
MACD: The MACD histogram has started to move below the zero line, suggesting that the momentum of the moving averages has shifted firmly to the downside. This reflects a strong bearish tone, and if this continues, selling pressure could become more relevant in the short term.
Key Levels:
$3,400 per ounce – Major Resistance: This level marks the recent all-time high for gold. If buying momentum pushes the price back above this zone, it could trigger a renewed bullish bias and set the stage for a sustained upward trend in the sessions ahead.
$3,300 – Current Barrier: This level defines the lower bound of the short-term channel. A break below this support could confirm a dominant bearish bias, potentially lasting for several trading sessions.
$3,200 – Final Support: This marks the lowest price level reached by gold in recent months and lies below the 100-period simple moving average. If the price drops to this zone, it could trigger the start of a new short-term downtrend on the chart.
Written by Julian Pineda, CFA – Market Analyst
GOLD (XAUUSD): Support & Resistance Analysis for Next Week
Here is my latest structure analysis and important
supports and resistances for Gold for next week.
Consider these structures for pullback/breakout trading.
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GOLD Analysis : XAUUSD Major Bullish Demand Zone🧠 Market Structure Context (MMC Framework)
Gold has recently shown a clean structural decline from its local highs within a well-defined ascending channel. This analysis highlights a reaction zone-based playbook, focusing on high-probability reversal scenarios guided by institutional footprints, volume reaction points, and MMC logic.
We’re currently trading near a previous reversal zone, where history tells us the market tends to shift behavior. Let’s dissect the key components.
📊 Key Technical Components
🔸 1. Ascending Channel Breakdown
The entire uptrend was respecting a well-established bullish channel until the recent drop violated the midline structure. This breakdown confirms a temporary bearish phase, with price breaking cleanly below a QFL base (Quick Flip Level)—a level where price reversed sharply before, which now acts as a major supply zone.
Psychological Insight: Channels give clues about momentum. Breaking below the lower band shows the market is preparing for a retest or a deeper liquidity hunt.
QFL Breakdown: Once broken, previous buyer confidence is shaken—inviting sellers to test demand zones.
🔸 2. Previous Reversal Zone (PRZ) Reaction
Currently, price is hovering inside the blue shaded Previous Reversal Zone, where bullish pressure previously kicked in. It’s a minor demand zone, but critical due to historical reaction. The projected structure shows a bounce from this area before deciding next direction.
MMC Insight: The first test of PRZ often leads to an initial reaction. But deeper liquidity lies just below in the major green demand zone.
🔸 3. Major Demand Zone + Volume Burst Area (The Real Magnet)
Below the PRZ lies the major reversal block—highlighted in green. This zone is significant because:
It aligns with a high-volume burst in the past, confirming institutional orders.
It's a cleaner structure level for smart money re-entry.
It also provides room for the “liquidity sweep” (stop hunt), collecting sell stops before a proper reversal.
💡 Expected Play: Price may fake out below PRZ, enter the major demand, and then initiate a multiple-leg bullish rally. Patience is key here.
🛠️ Trade Structure Outlook
✅ Scenario 1 – Aggressive Buyers (Marked "1"):
Buy from the current PRZ zone around $3,305–$3,315
Target: $3,340 (Minor Resistance)
Risk: Slippage into deeper demand zone
Stop-loss: Below $3,295
✅ Scenario 2 – Safer Entry from Major Demand (Marked "2"):
Let price dip into $3,270–$3,280 zone (green box)
Look for reversal candles or liquidity sweeps on lower timeframes
TP1: $3,330
TP2: $3,365 (Major Resistance)
📈 Resistance Levels to Watch:
Minor Resistance: $3,340 – Expect short-term pullbacks or hesitation.
Major Resistance: $3,365 – Key target for swing traders and potential reversal zone.
🔍 MMC Concepts in Action
✅ Channel Logic: Breakdown implies momentum shift—watch for retests.
✅ QFL: Previous bounce zone broken = supply now overhead.
✅ Volume Burst Zone: Strong historical reaction = institutional interest.
✅ Zone-to-Zone Trading: Instead of random entries, focus on logical zone interactions.
🧭 Conclusion – Path of Probability
Gold is currently in a transitional phase—shifting from bearish correction to potential bullish revival. Patience will reward those who wait for PRZ rejections or deeper liquidity taps. The MMC framework helps frame this market not as chaos, but a map of strategic reaction points.
How to seize the best entry point for gold?Gold continued its bullish trend from last Friday, rising to a high of 3385 yesterday. However, the upward momentum failed to sustain, and new highs were not reached during today's Asian and European trading sessions. The short-term bullish trend has ended, and the market is showing signs of correction. Currently, gold is facing downward pressure in the short term, and the short-term trend is volatile. Strategically, we can watch for a rebound to the 3375-3385 area during the European trading session and try to participate in short-term short selling. The target is below 3365-3355. The long-term structure remains bullish. Therefore, if the price falls back to the 3355-3340 area and stabilizes, we can still consider entering long positions to continue the medium-term uptrend. In terms of trading, we should pay attention to the rhythm of the market, betting on rebound resistance with short-term short positions and then going long on dips, maintaining flexibility.
XAU / USD Daily ChartHello traders. We are at an area of interest for me which is marked on the chart. We can push down to fill that wick, or reject and move back up a bit to take out any existing short positions in profit. I will post a lower time frame chart shortly. We will see Pre NY volume starting in a little under 2 hours. 7:20 am est here in the US is when we someimes see a shift to sometimes partially correct the overnight session's move. Not saying that's what will happen, just explaining what I see happen a lot of the time. Let's see how things play out. Be well and trade the trend. Shout out to Big G.
Gold Bulls Reloading at 3360 zone? I’ll Wait for the BounceOur last Gold setup played out beautifully — moved over 500 pips from signal to swing high.
Watching how price reacts around 3360 now
Price retesting a key demand zone around 3360 after a strong rally.
I’m patiently watching this level for signs of bullish continuation back toward 3400.
Gold Extends Gains as USD Weakens📊 Market Overview:
Gold prices are extending their gains during the Asian and European sessions today, as the US dollar weakens following weaker-than-expected US jobs data. Rising unemployment and a softer Non-Farm Payroll report boosted expectations that the Fed may cut interest rates in September. The US 10-year Treasury yield also dipped slightly, supporting gold's safe-haven appeal.
📉 Technical Analysis:
• Key Resistance: $3,385 – $3,390
• Nearest Support: $3,365 – $3,370
• EMA: Price is trading above the EMA 09, indicating a short-term bullish trend
• Candles / Volume / Momentum: H1 candles show steady buying pressure with stable volume, but we should monitor potential profit-taking if price nears the $3,390–$3,400 zone.
📌 Outlook:
Gold may continue to rise in the short term if USD weakness persists and bond yields stay low. However, failure to break above $3,390 could lead to a pullback toward support levels.
💡 Suggested Trading Strategy:
🔺 BUY XAU/USD: $3,365 – $3,368
🎯 TP: 40/80/200 pips
❌ SL: $3,362
🔻 SELL XAU/USD : $3,392 – $3,395 (if reversal signal appears)
🎯 TP: 40/80/200 pips
❌ SL: $3,398
Only look for BUY signal points in the current trend of Gold✏️The D1 candle closed with strong bullish force at the end of the day. The gold trend is still increasing wave 3 and there is no sign of correction. The reaction around 3385 in the Asian session this morning is being awaited to see if it is a recovery of Gold or not. The BUY strategy at important support zones is still maintained and pay attention to the price reaction of the candle.
📉 Key Levels
Support 3363-3346-3332
Resistance 3385 - 3407
Buy trigger: Confirmation of buying candle at support zones 3363-3346-3333
Target: 3400.00
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.
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Chart Type:* XAUUSD (Gold) – 15 min chart Pattern:AscendingHere’s a simpler breakdown with highlights:
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*🟡 Chart Type:* XAUUSD (Gold) – 15 min chart
*📊 Pattern:* *Ascending Bullish Triangle*
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*🔹 Key Highlights:*
- *Orange Line:* Rising *support* (buyers pushing price up)
- *Purple Zone:* Strong *resistance* area (price keeps rejecting)
- *Blue Arrow:* Suggesting a *breakout* to the upside
- *White Path:* Expected *price movement* if breakout happens
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*🎯 Target Zone (Green Area):*
Where price may go if breakout is successful
*🛑 Stop-Loss Zone (Red Area):*
Where to exit trade if breakout fails
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📝 Simple Explanation:*
Price is going up slowly and getting squeezed. If it breaks above the purple line, a *strong bullish move* is expected.
XAUUSD Technical Outlook – August 4, 2025Last week, prior to Powell’s speech, we expected a move down to the $3280 area.
While we anticipated a brief pullback to lighten liquidity around $3400 first,
price instead dropped straight down without a bounce.
✅ The reaction at our level was spot-on,
culminating in a weekly close above $3360 — very bullish.
With liquidity around $3370 already cleared,
we don’t expect strong resistance ahead.
📈 The preferred strategy for this week: Buy gold.
🎯 A solid entry zone lies between $3320–$3330.
⚠️ For those insisting on counter-trend trades,
we strongly advise keeping targets small.
Nonfarm Pay Attention Zone✏️ OANDA:XAUUSD is recovering and increasing towards the resistance zone of yesterday's US session. The 3315 zone is considered a strategic zone for Nonfarm today. A sweep up and then collapse to the liquidity zone of 3250 will be scenario 1 for Nonfarm today. If this important price zone is broken, we will not implement SELL strategies but wait for retests to BUY. It is very possible that when breaking 3315, it will create a DOW wave with the continuation of wave 3 when breaking the peak of wave 1.
📉 Key Levels
SELL trigger: Reject resistance 3315.
Target 3250
BUY Trigger: Break out and retest resistance 3315
Leave your comments on the idea. I am happy to read your views.
Bullish
Description
Hi traders
I think after the fake break that happened last week at 3280, we should be ready to move higher with a target of 3430-3450 and if the fundamentals are impressive, even a break of the previous high.
Of course, the resistance zone of 3385-3405 is in the way of the price.
I hope that the analysis I am providing is accurate and effective.
Possible positions this week
A:Suitable prices for BUY positions
1)3345-3340
2)3174-3150
B:Suitable prices for SELL positions
1)3385-3405(Of course, with approval from the market and the type of candles)
This is just an analysis and everyone is responsible for their own work.
Hoping for a good and profitable week.
Gold Price Target: 3380-3400+, Set a Trailing StopGold Price Target: 3380-3400+, Set a Trailing Stop
As shown in Figure 4h:
Gold finally rallied this weekend.
Despite recent heavy losses for long positions, the past two days have been encouraging.
We ultimately managed to successfully buy the dip in the 3280-3300 range and recover all our losses.
Gold prices continue to rise, and everyone is asking if it's time to sell.
Now is the critical time to exit.
We must acknowledge one fact:
Gold currently presents a huge opportunity.
Of course, the risks are also increasing.
At times like these, I always emphasize that the best approach is to set a 10-point trailing stop.
Even if gold prices soar, we can move with them.
This non-farm payroll data was a huge disappointment.
It was a truly positive surprise for gold.
The market expected 110,000 new jobs, but the result was a disappointing 73,000, a decrease of half from the previous month.
The market went into a tizzy after the outperformance. But even more shocking news is yet to come: Non-farm payrolls for May and June were revised downward by a combined 258,000.
This means the June gain was revised downward from 140,000 to 14,000.
The May gain was abruptly revised downward from 140,000 to 19,000.
The strong data of the past two months was completely false.
Market followers have become the "clowns" of the Fed and Trump.
Now you understand why everyone praised Powell's hawkish speech two days ago.
Because Powell said: "Only if there is a severe decline in employment will we consider cutting interest rates."
Just this Wednesday, some good non-farm payroll data was released.
This undoubtedly gave the market a false impression.
Everyone believed that a rate cut was impossible, and the probability of a September cut had dropped to 40%.
However, today's poor non-farm payroll data, combined with revisions to May and June data, revealed the truth.
The job market has been dismal over the past quarter.
The market reacted quickly, and gold prices soared on this sentiment.
My advice is to buy gold at a low price and hold on.
For investors who have successfully bought in the 3280-3300 level in recent days, I recommend setting a 10-15 pip trailing stop-loss.
Gold prices are likely to continue their upward trend next Monday.
Our next target is above 3380-3400 points.
XAUUSD Smart Money Technical Analysis – Bullish Potential XAUUSD Smart Money Technical Analysis – Bullish Potential from Strong Support
Gold (XAUUSD) is currently trading around $3,291.780, showing a potential bullish reversal setup from the strong support zone after a clear liquidity sweep and market structure shifts.
🔍 Key Technical Highlights:
✅ Strong Support Zone (Demand)
Price is reacting from a major demand zone (Strong Low) between $3,275 – $3,225, a level that previously triggered bullish rallies.
Multiple Breaks of Structure (BOS) and CHoCH indicate previous bullish control and a possible re-accumulation phase.
✅ CHoCH Near Support
A recent Change of Character (CHoCH) around the support area shows the first signs of smart money accumulation.
Liquidity below recent lows has been swept, triggering possible bullish intent.
✅ Bullish FVG (Fair Value Gap)
A clear Bullish FVG remains unmitigated around the mid-range, offering target confluence at $3,349.560.
Price may aim to rebalance inefficiency and fill the FVG as part of the bullish move.
✅ Resistance Zone Above
The resistance area near $3,325 – $3,350 acts as a short-term target for long positions.
Further resistance lies at the Buy-Side Liquidity & Weak High zone around $3,450 if momentum sustains.
🧠 Smart Money Concept Interpretation:
Liquidity Grab: Price dipped into strong demand to collect sell-side liquidity before potential reversal.
CHoCH + BOS Alignment: Indicates the market may now transition into a bullish phase.
FVG as Magnet: Price is drawn toward unfilled value zones—ideal for bullish target projection.
🎯 Trade Idea (Educational Purposes Only):
Bias: Bullish
Entry: Around current zone ($3,290)
Target: $3,349.560 (FVG zone)
Invalidation/SL: Below strong low (~$3,225)
GOLD: Short Trading Opportunity
GOLD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GOLD
Entry Level - 3299.9
Sl - 3304.2
Tp - 3291.3
Our Risk - 1%
Start protection of your profits from lower levels
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