Dear Trader,
Gold (XAUUSD) Analysis – 1H Timeframe | July 8, 2025
Gold has retraced from the 3,352–3,345 resistance zone and is now forming a slight bullish consolidation (small ascending triangle). A pullback toward the 3,316–3,311 support area is possible.
If price holds above this support, a bullish continuation toward 3,345 and 3,352 is likely. The 3,311 zone can act as a good potential scalp-buy area.
✅ Key Levels:
Resistances: 3,345 / 3,352
Supports: 3,316 / 3,311
Short-term trend: Bullish if support holds
RSI is at 56 — still has room for upward movement.
📌 Suggested Strategy: If price pulls back to 3,311–3,316 and shows confirmation (e.g., bullish candle pattern), short-term buy entries with targets at 3,345 and 3,352 can be considered.
Regards,
Alireza!
Gold (XAUUSD) Analysis – 1H Timeframe | July 8, 2025
Gold has retraced from the 3,352–3,345 resistance zone and is now forming a slight bullish consolidation (small ascending triangle). A pullback toward the 3,316–3,311 support area is possible.
If price holds above this support, a bullish continuation toward 3,345 and 3,352 is likely. The 3,311 zone can act as a good potential scalp-buy area.
✅ Key Levels:
Resistances: 3,345 / 3,352
Supports: 3,316 / 3,311
Short-term trend: Bullish if support holds
RSI is at 56 — still has room for upward movement.
📌 Suggested Strategy: If price pulls back to 3,311–3,316 and shows confirmation (e.g., bullish candle pattern), short-term buy entries with targets at 3,345 and 3,352 can be considered.
Regards,
Alireza!
💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.