NFP data is positive, the bullish trend remains unchanged#XAUUSD
The current market, influenced by data such as NFP, remains bullish, even briefly pushing towards the 4H upper limit of 3350, reaching a high near 3354.📈
In the short term, gold still has upward momentum and could even reach the previous high resistance level near 3375.🐂
Currently, gold is undergoing a technical correction and needs to begin a pullback to accumulate more bullish momentum, giving traders who previously missed the opportunity to get on board.🚀
As resistance continues to rise, support below will also rise. 📊If gold retreats below 3335-3315, consider going long.📈
🚀 SELL 3335-3315
🚀 TP 3350-3375
XAUUSDG trade ideas
XAUUSD Gold Trading Strategy August 1, 2025
Yesterday's trading session, gold prices recovered to the 3315 area and then continued to decrease to the 3281 area. Currently, gold prices are fluctuating quite unpredictably due to the impact of tariff news and investor confidence.
Basic news: The Federal Reserve FED continues to maintain the federal funds benchmark interest rate in the range of 4.25% - 4.50%, in line with policy since 2025. Chairman Powell did not give any signal about the next interest rate cut on September 16 - 17.
Technical analysis: After falling sharply to the 3269 area, gold prices are showing signs of recovery. In the current downtrend channel, there has been a higher bottom than the bottom at H1. We can see that if the bullish pattern at H1 is confirmed, combined with the reversal candlestick appearing at H4, the possibility of gold bouncing back to reach the resistance area of 3330, even 3350 is completely possible. In the weekend trading session, we will wait at the support zones to trade.
Important price zones today: 3280 - 3285 and 3269 - 3274.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3283 - 3285
SL 3280
TP 3288 - 3300 - 3310 - 3330.
Plan 2: BUY XAUSD zone 3269 - 3271
SL 3266
TP 3274 - 3284 - 3300 - 3320.
Wish you a safe, favorable and profitable trading day.🥰🥰🥰🥰🥰
Non-farm payrolls are coming. Will it trigger the market?On Thursday, the US dollar index briefly rallied after the Federal Reserve's favorite inflation indicator unexpectedly rebounded, crossing the 100 mark for the first time in two months. This marked the sixth consecutive trading day of gains and the first monthly gain since 2025.
Spot gold rebounded as risk aversion lingered amid uncertainty surrounding Trump's tariff deadline, reaching a high of around $3,315, but its intraday gains narrowed after the release of the PCE data.
The dollar has already firmly established itself above the 100 mark on the daily chart, so the next target is likely to be between 101.5 and 102.0. Currently, support levels on the daily chart are visible at 99.5 and 99.0.
The gold market is currently consolidating in the 3315-3275 range. However, if the dollar rises again, Quaid believes gold prices could fall below 3275.
On the daily chart, if it falls below 3275, the price would likely be around 3250. If 3250 falls below, the market could test 3200. However, the possibility of a consolidation between 3315 and 3275 remains undisputed.
Before the release of the non-farm payroll data, scalping within this consolidation range is advisable. However, the risk is relatively high, so please take profits in time.
Will gold prices continue to fall on August 1st?
Core Logic Analysis
Negative factors dominate
The Federal Reserve's hawkish stance: keeping interest rates unchanged and Powell suppressing expectations of a rate cut have weakened gold's safe-haven appeal.
Strong economic data: ADP employment data exceeded expectations, and coupled with the upcoming PCE and non-farm payroll data, market expectations of an early Fed rate cut have cooled.
Technical Breakdown: Gold prices fell below the key support level of $3,300, hitting a new monthly low. A large weekly bearish candlestick chart indicates bearish dominance.
Key Support and Resistance
Resistance: 3315 (hourly rebound resistance), 3333 (previous high and daily resistance).
Support: 3280-3290 (short-term), 3250-3245 (strong monthly support).
Potential Risks
Unexpectedly weak non-farm payroll data or escalating geopolitical tensions could trigger a short-term rebound, but a break above 3330 is required to reverse the downward trend.
Today's Trading Strategy
Short-Term Trading
Primarily short at highs: Short lightly on a rebound to 3310-3315, stop loss at 3325, target 3290-3280.
Aggressive Short: Add to short positions if the price reaches 3330-3333, stop loss at 3340, target 3280.
Cautious Long: Try a long position on the first touch of 3250-3245, stop loss at 3235, target 3270-3280 (quick in and out).
Mid-term Strategy
If the monthly line closes below 3250, shorting at high levels can be continued in August, targeting the 3150-3100 range.
If the gold price rebounds above 3350 after the non-farm payrolls, the trend needs to be reassessed.
Events to Watch
Data:
Non-farm payroll report on Friday (if the data exceeds expectations, gold prices may fall further).
US June PCE Price Index (Federal Reserve inflation indicator).
Technical Signal:
A daily close below 3250 would confirm a medium-term downtrend.
Observe the recapture of the 3300 level, which serves as a dividing line between bulls and bears.
Summary
Gold is currently in a bearish phase. Prioritize shorting on rallies, but be wary of unexpected data fluctuations. If the mid-line breaks below 3250, the market could target the 3000-3100 range. Conversely, if it holds above 3330, strategy adjustments will be necessary. Strictly stop loss and control risks.
XAUUSD GOLD The XAUUSD Gold price is approaching our target zone, where it will find strong support in EMA 100 if it does not comply with LSOB in small timeframes. In the 4H timeframe, the price has been making lower lows so far, so I recommend waiting a little and entering based on the daily timeframe from the lower zone.
GOLD: Next Move Is Down! Short!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,328.24 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 3,318.05..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Gold prices under pressure: $3,330-3,350Gold prices under pressure: $3,330-3,350
Upward momentum: Gold could break through $3,330 if the Federal Reserve hints at a September rate cut or the EU economy deteriorates.
Downside risks: Gold could fall below $3,300 if strong US economic data (such as GDP and PCE figures) are released.
Optimistic scenario: If the Fed cuts rates in September and global stagflation risks increase, gold could reach $3,400.
Pessimistic scenario: If the US economy experiences a soft landing, rising real interest rates could push gold prices down to $3,200.
Key Technical Levels:
Support: $3,300
Resistance: $3,330/$3,350
Aggressive Strategy:
Sell Price: $3,325-$3,330
Stop Loss: $3,335
Target Price: $3,310
Conservative Strategy:
Sell Price: $3,340-$3,350
Stop Loss: $3,355
Target Price: $3,330-$3,310
Bottom Picking Strategy:
Buy Price: $3,300-$3,310
Stop Loss: $3,290
Target Price: Above $3,350/$3,400
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’s Precision Drop: Wave 5 Ignites the Bullish Reversal
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### 🚀 **Golden Opportunity Ahead: Wave 5 Bullish Breakout Incoming!**
After perfectly completing the **bearish Gartley pattern**, gold dropped precisely to the **target zone at 3,323**, just as predicted. This move confirmed the formation of **Wave 5**, signaling the end of the corrective phase.
Now, all signs point to a **strong bullish reversal**—and the next step is a powerful rally toward the predefined targets. This is a **prime buying opportunity** for traders looking to ride the wave!
### 🎯 **Buy Zone:**
- **Entry:** Around **3,323 USD**
### 📈 **Profit Targets:**
| Target | Fibonacci Level | Price (USD) |
|--------|------------------|-------------|
| TP1 | 1.0 | 13,447.875 |
| TP2 | 1.27 | 13,536.025 |
| TP3 | 1.618 | 13,649.640 |
The link of. The previous analysis is below in the comment
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