Gold Price Analysis July 11Gold price today continues to maintain a strong upward momentum after breaking the previous support trendline (gold wire). Currently, SELL orders should only be considered as short-term response transactions, with priority given to monitoring to join the main trend.
✅ Trend: Up has been confirmed, the nearest target is towards the 3390 area today.
🔑 Key Levels:
Support: 3330 – 3314
Resistance: 3345 – 3362 – 3388
🎯 Trading strategy:
SELL activation: Watch the 3345 area, only SELL when there is a price rejection signal with a confirmation of a decrease.
Potential SELL area: 3362 – 3387 (strong resistance).
BUY Activation: Look for buying opportunities at support 3330 – 3314 if there is a clear bullish reversal signal.
XAUUSDG trade ideas
Gold shock pattern breaksGold prices rose rapidly at the opening of the morning, reaching a high of 3342 before falling back. This early morning sharp pull-up market needs special attention, because from the perspective of short-term trading, this is the trend pattern that needs the most vigilance. Looking back at the trend of last Thursday, there was also a situation where the early morning surge could not continue. Historical data shows that this kind of morning pull-up often lacks sustained momentum and has limited room for subsequent increases. Combined with the recent trend, although the price rebounded on Monday and Tuesday, it basically maintained a volatile pattern in the following trading days, but the fluctuation range changed. After repeated struggles in the 3345-3322 range on Friday, the gold price rose again in this trading day and fell below the key support level of 3322. This important change means: 1. The original 3322-3345 oscillation range has been broken; 2. After the range moves down, 3322 changes from a support level to a resistance level; 3. The short-term trend weakens, and it is recommended to adopt a high-sell strategy. It is recommended to short at highs near 3322, and focus on the 3295-3293 support area below.
Gold: Wait for better prices for entriesHello,
Gold is once again forming a bullish flag, a perfect pattern for another bullish cycle. Since end of April 2025, Gold has been correcting after reaching the all time high. We see an opportunity for buys as we come closer to the low of the correction.
The MACD indicator is showing signs of an upcoming bullish crossover further reinforcing the thesis. From a fundamentals point of view Gold price continued to face hurdles since last week after the precious metal edged lower since last week as the US June Nonfarm Payrolls (NFP) report altered the US Federal Reserve (Fed) policy expectations.
Should the prices come further down, Investors may consider entering positions for this asset.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
A Buying Opportunity or Sign of a Bigger Correction?Gold Breaks Below 3300 – A Buying Opportunity or Sign of a Bigger Correction?
🧭 Market Update: Is the Sell-off Truly Dangerous?
Gold saw a surprising reversal at the close of the US session yesterday after a sharp decline targeting the 329x liquidity zone, followed by a strong buying momentum that pushed the price back above this level.
After testing the liquidity zone below 3300, significant buying volumes emerged at this price point, pushing the price back up. However, the market is still undecided about whether the bulls or bears will dominate at this stage. We are currently in an accumulation phase, with liquidity sweeps occurring at both the highs and lows, meaning traders should exercise caution and look for scalping points for appropriate entry and exit.
Short-Term Outlook: Buy Bias Dominates Today
In the short term, the buy bias appears stronger compared to yesterday. Focus on buying early at continuation patterns to capture the market's movement. The D1 candle from yesterday formed a wick rejection, showing that selling pressure has been absorbed and the buying momentum has returned in the short term. Therefore, be proactive and look for early buy opportunities.
In the M30 timeframe, there is a solid continuation pattern forming in the 16-14 zone, which could serve as a good entry point today. If the price continues to drop, we’ll wait for a retest of the previous bottom at 03-00, and monitor for any strong downward momentum to confirm if the bearish trend will continue. On the other hand, if you’re considering sell positions, proceed with caution. As mentioned with the D1 wick rejection, the SELL pressure may have been absorbed, and BUY momentum could take over in the coming days. Avoid rushing into sell positions.
Key Support & Resistance Levels:
Key Resistance: 3342 – 3353 – 3362 – 3381
Key Support: 3330 – 3314 – 3303 – 3295
Scalping Opportunities and Buy Zones:
BUY SCALP:
3316 – 3314
Stop Loss: 3310
Take Profit: 3320 → 3325 → 3330 → 3335 → 3340 → 3350
BUY ZONE:
3303 – 3301
Stop Loss: 3297
Take Profit: 3306 → 3310 → 3315 → 3320 → 3330 → 3340 → ????
Sell Opportunities and Caution on Bears:
SELL SCALP:
3362 – 3364
Stop Loss: 3368
Take Profit: 3358 → 3354 → 3350 → 3345 → 3340 → 3330
SELL ZONE:
3380 – 3382
Stop Loss: 3386
Take Profit: 3376 → 3372 → 3368 → 3364 → 3360 → 3350
Key Takeaway:
We are at a critical stage where both bulls and bears are vying for control. Will gold bounce from the support and continue its bullish trend, or will the sellers regain control and drag prices lower? Be patient and wait for clear price action signals before entering any trades.
The market is currently in an accumulation phase, so avoid rushing into decisions. Focus on buying when clear confirmations appear at support zones and stay alert for sell rejections at key resistance levels.
Good luck with your trades!
💬 What’s Your View on Gold Today?
Do you believe gold is set to break 3390 and continue its bullish momentum?
Or are we looking at a deeper correction towards 3270 in the coming days?
👇 Share your analysis and thoughts in the comments below! We’d love to hear your take on where gold is headed next!
Gold Coils Beneath Resistance – Breakout Setup Brewing Above $3,Gold remains in a consolidation phase after its sharp rally earlier this year, but the broader uptrend remains intact. Price action continues to respect the ascending trendline that has been active since late 2024, as well as the 50-day SMA which currently offers dynamic support around the $3,323 level.
The key horizontal resistance at $3,430 continues to cap upside attempts. Price has formed a series of higher lows while facing rejection at this ceiling, suggesting a potential ascending triangle pattern—a bullish continuation setup.
Indicators:
MACD remains below the zero line and has flattened, reflecting the lack of momentum and confirming the consolidation.
RSI hovers near 47, showing neutral momentum. However, it has started to curl up slightly, which could hint at a developing bullish bias if price breaks higher.
Key Levels to Watch:
A confirmed breakout above $3,430 could open the door to fresh highs.
On the downside, a break below the ascending trendline and 50-day SMA could trigger a deeper correction toward the 200-day SMA near $2,950.
Conclusion:
Gold is currently coiling within a tightening range. While momentum is subdued, the technical structure favors a potential bullish breakout if resistance at $3,430 gives way. Traders should watch for a daily close above this level for confirmation of renewed bullish momentum.
-MW
Gold will exit from pennant and then rise to resistance levelHello traders, I want share with you my opinion about Gold. Recently, the price formed a pennant pattern after a sharp bullish impulse from the buyer zone (3275–3285 points). That upward movement started after the price bounced off the strong support level (3285) and broke out from the wedge structure formed earlier. This bullish momentum indicated strong demand near the lower boundary, reinforcing the current market structure. Now, the price is consolidating inside the pennant formation, slowly approaching its apex. At the same time, we are still above the support trendline and close to the upper border of the pattern. This suggests a possible breakout to the upside. I expect that gold will soon exit the pennant and start rising again toward the resistance level at 3385, which also matches the seller zone (3385–3395 points). This area previously acted as a major reversal zone, so if price reaches it, I will consider locking profits at that point. Given the breakout structure, recent bounce from the buyer zone, and current bullish consolidation, I remain bullish and expect GOLD to continue growing toward TP 1 at 3385. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
XAU/USD SHORT UNTIL DAILY LOWWaiting for price action to give me a swing high formation or a shift in market structure in my Point Of Interest (POI) and i will have the opportunity going short on Gold with my Target on the draw of liquidity on daily Timeframe with Take profit as follows
Take profit 1 - 3278.84
Take profit 2 - 3270.80
Take profit 3 - 3262.06
And Stop loss @ Swing High
Disclaimer: This is not an investment idea or financial advice. All information provided is for educational and informational purposes only. I am not a licensed financial advisor, and any decisions you make based on this content are done at your own risk. I will not be held responsible or liable for any losses, damages, or risks—financial or otherwise—that may arise from your trading or investment activities. Always do your own research and consult with a qualified financial professional before making any investment decisions.
GOLD BUY M15 Gold (XAU/USD) Analysis – 15-Minute Chart
The price is currently showing signs of bullish momentum after forming a Break of Structure (BOS) around the 3297 level, which is also marked as the Stop Loss (SL) area.
After retesting the demand zone (highlighted in purple), the price has started to push upwards, suggesting a potential reversal. A bullish price path is projected, with expectations of higher highs.
Key Levels:
Entry Zone (Support): Around 3297 (SL zone)
Resistance Zones:
First Resistance: 3309
Second Resistance: 3314
Final Target: 3320
If the bullish momentum continues, the price is expected to break above the minor resistance levels and reach the target of 3320.
XAUUSDGold continued to fall at the opening today, currently hitting the lowest level of 3300, with a high and low range of 40 US dollars, but the overall market is still volatile, so don't chase shorts at low points
Short-term needs to wait for a rebound before shorting, pay attention to the 3318/3323 resistance
XAUUSD Trade UpdateYesterday price failed to hold below key support.
Gold has now broken out of a descending channel after reclaiming the global trendline. It’s trading above the nearest fractal and testing the MA200, with Awesome Oscillator flashing bullish momentum.
#TradeIdea
🔼 Buy XAUUSD — only if we get a clear consolidation above $3340
🎯 Target 1: $3360
🎯 Target 2: $3385 (only after Target 1 is hit)
⚠️ Wait for confirmation — no premature entries.
XAUUSD up buying Target This chart shows the CFDs on Gold (US$/OZ) on a 4-hour time frame, with the current price at $3,295.150. The analysis suggests that the price may first decline towards the support zone (highlighted with a purple box around the $3,100–$3,200 range). From this support area, a strong bullish reversal is expected, potentially pushing the price up to the target level of $3,500.
Key Highlights:
Time Frame: 4-hour (4h)
Current Price: $3,295.150
Support Zone: Between $3,100 and $3,200 (marked in purple)
Expected Move: A drop to the support zone followed by a bullish move
Target Level: $3,500 (indicated with a blue line and arrow)
This setup reflects a bullish technical pattern, where the price is expected to bounce from support and rally toward a higher resistance level.
GOLD : Bullish Trend-Following Movement Ahead!GOLD shows several bullish signals on the 4H chart.
Initially, the price surpassed and closed above a resistance line of a bullish flag pattern.
Following that, a confirmed Change of Character (CHoCH) took place.
The price appears poised for further growth, with the next resistance level at 3380.
short sell on goldGold (XAUUSD) is approaching the 78% premium zone after sweeping internal liquidity, suggesting a potential reversal. This setup anticipates a smart money distribution move, with a sell entry around 3,335–3,340, stop loss above 3,348, and targets at 3,310 (TP1) and 3,290 (TP2). The expectation is that after grabbing liquidity, price will reject from premium and drop toward the equal lows where sell-side liquidity rests.
The idea remains unchanged, NY3360-3365 is emptyThe idea remains unchanged during the NY period. Although gold has currently reached a high of around 3348, it has not stabilized above it. If gold successfully breaks through 3350 in the short term, it may reach 3360 or 3365. In the 4H cycle, it presents a step-by-step upward pattern. The K-line is temporarily fluctuating sideways near the upper track. At the same time, 3345 has formed a double top pattern. Combined with Thursday's low of 3310, an inverted triangle oscillation range of 3345-3310 is formed in the short term. This week's trend needs to pay close attention to the breakthrough direction of this range. Short-term long positions can be taken after the trend is confirmed.
XAUUSD@3330-3320 long TP 3345-3365
OANDA:XAUUSD