XAUUSDG trade ideas
XAUUSD Analysis – July 2–3, 2025: Resistance Holds Gold is currently trading around 3,337 USD, having tested the 3,350 USD resistance zone without a successful breakout. The price remains under pressure from key macroeconomic factors:
- The Dollar Index (DXY) is stable above 106 – a sign of continued demand for the greenback, which weakens gold.
- U.S. 10-year Treasury yields hold around 4.35%, reinforcing the view that the Fed will keep interest rates high.
- The Core PCE report for June remains above the Fed’s 2% inflation target, decreasing expectations of a rate cut in Q3.
- Safe-haven demand is weak, as geopolitical tension in the Middle East and Eastern Europe remains subdued.
➡ Overall, these factors confirm that XAUUSD remains under bearish pressure in both the short and medium term, especially while key resistance remains intact.
1. Technical Analysis – XAUUSD on D1 Chart
- Price recently tested the 3,340 – 3,350 USD resistance zone, a confluence of:
Previous supply zone
- Fibonacci retracement 0.5–0.618 from 3,399 USD
- Key Change of Character (CHoCH) level
- RSI is forming a mild bearish divergence, signaling weakening bullish momentum.
- EMA20 and EMA50 are both sloping downward – confirming the prevailing bearish trend.
This setup is typical of a Sell on Rally pattern, with each retracement being rejected at strong resistance.
2. Key Technical Zones to Watch
Technical Role
- 3,350 – 3,340 Major resistance (Fibo 0.5–0.618 + supply + CHoCH)
- 3,294 – 3,285 Nearest support – previously a resistance-turned-support
- 3,255 – 3,235 Short-term target zone – June low
- 3,223 – 3,205 Strong medium-term support – April low + extended Fibo
3. Suggested Trade Setup
Preferred Scenario: SELL below 3,350
Entry: 3,345 – 3,347
Stop Loss: 3,351
Take Profit 1: 3,335
Take Profit 2: 3,330
Take Profit 3: 3,320
Ps : XAUUSD is retesting a major resistance zone without macro or technical catalysts for a sustained breakout. The best approach remains to sell at resistance and take profit near support, in alignment with the ongoing bearish trend.
The strategy will be updated regularly – don’t forget to save and follow to stay ahead of market opportunities.
The analysis was provided by @Henrybillion
XAUUSD – Bullish Flag Pattern on the Hourly Chart📌 XAUUSD – Bullish Flag Pattern on the Hourly Chart
Gold completed a strong upward move last week and then entered a corrective phase forming a classic bullish flag pattern with a descending channel.
🟡 Currently, price is consolidating within the pattern boundaries. As long as it holds the support area around 3,325, the favored scenario is a continuation of the bullish trend upon an upward breakout.
🎯 Technical target after breakout: 3,419, based on the flagpole height.
📉 In case of a downside break, the scenario will be reassessed.
🔍 This analysis is for educational purposes only and not a trading recommendation.
Excellent NFP sessionAs discussed throughout yesterday's session commentary: "My position: Gold is Trading within #3,350's belt which represents crossroads for the Short-term. Either #3,362.80 - #3,368.80 break-out to the upside towards #3,377.80 strong Resistance, or #3,342.80 - #3,352.80 break-out to the downside towards #3,327.80 Support. Current Price-action is ideal for Scalping since I don't expect major movement until tomorrow's NFP numbers."
Firstly I have re-Sold Gold almost all Wednesday's Asian session from #3,360's (Wednesday - Thursday) closing my orders on #3,352.80 then re-Bought Gold with set of aggressive Scalping orders from #3,345.80 towards #3,352.80. As NFP numbers were delivered, I have waited for decline to find a Support and Bought Gold aggressively from #3,312.80 and closed on #3,320.80. Later on, #3,332.80 Sold again (#4 aggressive Scalps) and closed on #3,327.80 and with mentioned order finalized excellent NFP session.
Technical analysis: The Short-term Price-action is Trading within #3,327.80 - #3,352.80 belt as I can easily spot idle movements on Hourly 4 chart with #3,327.80 Support bounces but regardless, Gold is Trading within my predicted values. Spot though on the Hourly 4 chart how Technicals are showcasing different / mixed values, and Gold is isolated within Neutral Rectangle with detectable Higher Low’s Upper and Lower zone. This is what I described on my commentary as an Bearish Divergence (BD) and is usually a first alert that the trend might be pointing to even stronger takedown. See how the very same divergence has Traded since November - April. On the November #12 Low, the Price-action started rising on an Ascending Channel but only once the structure formed a new Low. Then again after mentioned Low’s, Gold started rising until the next Bullish Divergence (which means, after local Low's tested, Gold engaged parabolic uptrend). I am monitoring closely #MA50 on Daily chart which is pointer for new #1 - #3 Month cycle.
My position: I will take no new orders as I am Highly satisfied with my returns / also it is holiday in U.S. as I do not expect major moves throughout the session (only ranging candles with Low Volume). Enjoy the Profits and have a great weekend!
GOLD (XAUUSD) 4H Technical Analysis – Channel Breakout & Target🧠 Executive Summary:
The GOLD market has completed a key structural shift following a successful bearish trendline breakout, and is now trading within a well-formed ascending price channel. Price action has recently bounced from the channel support area, which aligns closely with a retested zone that was previously resistance. All signs now point to a potential continuation of the bullish leg—but only if the current structure holds.
This analysis outlines the technical foundation, key trading zones, price action psychology, and risk management factors that define this setup.
🔍 Technical Breakdown
🔸 1. Trendline Breakout – The Structural Shift
The bearish trendline, which previously capped multiple upside moves throughout June, has finally been broken.
The breakout was accompanied by higher volume and larger bullish candles, indicating momentum.
After the breakout, price pulled back near the trendline and respected the newly flipped support zone.
This forms a classic Breakout–Retest–Continuation pattern, one of the most reliable in trend reversal scenarios.
🔸 2. Formation of Ascending Channel – A New Bullish Structure
After the breakout, price action established a consistent pattern of higher highs and higher lows, confirming the birth of a new ascending channel.
The channel support (around 3,320–3,330) has been tested multiple times and held strong.
The channel resistance lies between 3,390–3,400, which is now the next short-term target if bulls maintain control.
The channel offers both trend direction and entry timing opportunities as price bounces between its boundaries.
🔸 3. Retest Zone – Buyer’s Territory
The price is currently bouncing off the mid-channel zone, where the previous downtrend resistance overlaps with current channel support.
This confluence area is where smart money often enters after institutional accumulation at the base (around 3,270).
The bullish wick rejections around this zone signal a likely continuation toward the upper channel.
📈 Price Behavior & Market Psychology
What’s happening here isn't just lines and candles—there’s a psychological story unfolding:
Fear drove the market lower, respecting the bearish trendline until late June.
Hope and buyer aggression surged once the breakout confirmed.
Now we’re in the "belief" phase, where traders await confirmation of the new trend.
Many are watching for entry confirmation at support zones, and as long as fear doesn’t return (i.e., price breaking below 3,320), the structure remains valid.
🧭 Key Technical Levels to Watch
Level Type Price Range Notes
Major Support Zone 3,270–3,285 Key buyer zone, invalidation of bullish case below this
Channel Support 3,320–3,330 Retest zone after breakout, current active level
Mid-Channel Area 3,350–3,360 Decision zone – price may build momentum here
Channel Resistance 3,390–3,400 First bullish target, potential breakout area
Breakout Target 3,420–3,440 If price breaks channel resistance with volume
🧮 Trade Setup Ideas (Educational – Not Financial Advice)
🟢 Long Setup Option 1:
Entry: Upon confirmation above 3,340–3,345 with bullish engulfing candle or breakout bar.
Stop-Loss: Below 3,320 or slightly below channel support.
Take Profit: Partial at 3,390 (channel top), full at 3,420–3,440 breakout zone.
R:R Ratio: 1:2.5+ (highly favorable)
🔴 Bearish Scenario (Risk Management)
If price closes below 3,320 with momentum, expect a revisit to the 3,270–3,285 support.
This invalidates the current bullish channel structure and might bring in short-term bearish pressure.
Avoid long positions until new structure is formed.
🧠 Educational Takeaway for Traders
This analysis highlights the importance of:
Structure-based entries: Instead of chasing candles, you wait for confluence and entry triggers.
Multiple timeframe confirmation: Higher timeframes also show bullish bias, giving confidence to 4H trades.
Risk management: The current setup allows tight stop losses relative to potential reward, making it attractive.
By combining trendline breakouts, channel formations, and support/resistance flips, you significantly increase the probability of a successful trade.
📌 Final Thoughts:
Gold is giving traders a clean and structured opportunity. The market has shown strength through structure, not just random price spikes. With the ascending channel intact and price respecting support zones, there is a solid foundation for a bullish continuation toward 3,400 and beyond.
But as always, confirmation is key. Wait for price action to validate your bias, and never ignore risk management.
Still short gold before breaking 3355After the release of NFP yesterday, gold began to fall sharply from 3352, reaching a low of around 3312; although it has gradually rebounded above 3340, the time span is not short, so the rebound is not strong; and the double top structure successfully constructed by gold in the 3365-3360 area in the short term still plays a technical suppression role in the short term, greatly weakening the rebound potential; and with the decline of gold yesterday, I think before gold recovers the 3352 starting point, gold will also be under pressure in the 3345-3355 area in the short term. If gold cannot successfully break through this area during the rebound, gold is expected to retest the 3330-3320 area again.
Because of the US Independence Day, the gold market will be closed in advance today. It is expected that gold will not have a breakthrough today, so it may be difficult to break through the 3345-3355 area in the short term, so we can still continue to maintain the trading rhythm of shorting gold in terms of trading.
So I think shorting gold still has a lot of profit potential. We can short gold with 3345-3355 area as resistance and look to the target area: 3335-3325-3315.
Gold price range: 3310-3360Gold price range: 3310-3360
Spot gold fell to $3311.65 during the session, but it is still fluctuating above the key support level of $3310, and the current price is around 3340.
As shown in the figure:
The latest triangle convergence range oscillation pattern has been shown to everyone
Key pressure area: 3355-3360
Key support area: 3310-3320
It is expected to enter a range oscillation pattern on Friday.
Due to the US Independence Day holiday, today's gold price trend is more affected by the performance of the Asian session.
According to analysis and observation, the gold price showed a pull-up or oscillating upward trend in the Asian session this week.
Most of the factors that led to the rise in gold prices this week can be attributed to the pull-up rhythm in the Asian session.
According to Chinese news reports: China has suspended holdings of gold, but Turkey and India are still buying.
In other words, the main factors for this week's rise are Turkey and India.
At present, the range of gold price fluctuations will become narrower and narrower, and it is unlikely that a new general direction will appear this week.
Then the corresponding strategy is:
In the oscillation range of 3310-3360, use oscillation thinking to trade
Short at high level, stop loss at 3365
Long at low price, stop loss at 3300
The author prefers the idea of short at high price
7.1 Technical guidance for short-term gold analysis!!!Gold hourly level: From the opening to now, it has been rising slowly with a small negative in the middle. It is all positive. This kind of pull-up pattern must not be tested for shorting. During the European session, it also broke through the upper rail resistance of the 3335 downward channel. There is a second pull-up in the US session; but it has not been able to step back, and even the 10-day moving average does not give a chance. If you want to step back and follow the long position, there is no chance for the time being, and going long directly seems more radical; conservative can wait patiently, be bullish, and don't go short; if it can be confirmed tonight that it is above 3335, you can try to follow the bullish trend, and the upper resistance target is 3374;
7.4 Non-farm payrolls exploded, and expectations for the Fed’s rOn Thursday, as the strong US employment data dispelled the market's expectations of the Fed's recent rate cut, the US dollar index rose sharply before the US market, returned to above the 97 mark, and once rose to an intraday high of 97.42.
Spot gold fell sharply, once falling to $3311 during the session, a drop of more than $50 from the intraday high, and then recovered some of its losses and remained near 3330 for consolidation.
The current upper suppression position of the daily line is almost here at 3350, and the lower support is located at 3320-25.
So if it is maintained in the range of consolidation, it is likely to be rectified at 3320-50.
Secondly, from the hourly chart:
It can be seen from the trend of 3247 to 3365.
The Fibonacci 618 position is exactly here at 3320.
Although the lowest point last night was pierced to around 3311, it can be seen that the entity still closed above 3320.
As long as 3320 cannot be broken, the best case scenario is to maintain it at 3320-50 for consolidation. If not, once 3350 is broken, the high point of 3365 will definitely not be able to be maintained.
Therefore, for today's operation, try to maintain the high-selling and low-buying range of 3320-50.
Gold/USD Bullish Breakout Toward Target Zone Gold/USD Bullish Breakout Analysis 🚀🟢
The chart illustrates a strong bullish breakout from a consolidation zone, signaling upward momentum:
🔍 Key Technical Observations:
Support Zone: The price respected the support area around 3,325 – 3,330 USD, forming a solid base for reversal.
Bullish Structure: Series of higher lows and higher highs indicate a bullish trend formation.
Breakout Confirmation: Price broke above short-term resistance with a strong bullish candle, indicating buying pressure.
Trendline Support: The ascending trendline has held well, confirming trend continuation.
Target Point 🎯: Projected target is near 3,365 USD, which aligns with a previous resistance and Fibonacci confluence zone.
✅ Conclusion:
The breakout above resistance, supported by a bullish structure and momentum, suggests further upside potential toward the 3,365 USD target zone. As long as price holds above the breakout level, bullish bias remains valid.
🛑 Watch for invalidation if price falls back
Gold fluctuates during the day, short-term profits will be left
📌Main driving events of gold
The big non-agricultural data in the United States caused the gold price to fall by almost 40 US dollars in one breath, but after a short emotional storm, the market returned to calm. Today's market began to bottom out and rise. As of now, the non-agricultural market has been backed by 50%, and the energy of the shorts has been basically digested. Next, the bulls will start to exert their strength! Today's direction is still the same and continue to be bullish!
📊Comment analysis
In the US market, the gold price rebounded after the decline and the bottom of the second retracement appeared. The support level is 3322. After a night of fluctuations, gold has begun to rise, and the low point has begun to rise. The key point of the day is still 3323. In the morning, we wait for the gold price to fall back to around 3323 and we will buy the bottom and go long. We don’t expect to surpass yesterday’s high point during the day, but at least it will go to 3350!
💰Strategy Package
Long position:
Gold long at 3322-3327, stop loss 3315, target 3350-3360
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds