📌 Bias: Bullish (technical + macro alignment
🔹 Trade Setup
Entry Zone - 3 245 – 3 255
Stop-Loss - 3 240
TP1 - 3 375 (Last Month High)
TP2 - 3 475 (Upper Channel)
🧠 Technical Rationale
- Price is respecting a clean ascending channel
- Confluence at entry: lower trendline + last month’s low + hidden order block
- Liquidity sweep expected below 3 245 before bullish continuation
🌍 Fundamental Tailwinds (July 2025)
🏦 1. US Dollar Collapse
- The US Dollar Index (DXY) is down 10.8% YTD, its worst start since 1973
- Driven by:
- Trump’s erratic tariff policies and fiscal expansion
- Loss of confidence in US Treasuries as a safe haven
- Moody’s downgrade of US credit rating
“The dollar has transformed from a safe haven into a symbol of instability.” – ING strategist
🪙 2. Central Bank Gold Demand
- Global central banks continue accumulating gold to hedge against dollar devaluation
- This institutional demand underpins long-term bullish momentum
🔥 3. Geopolitical Risk Premium
- Ongoing tensions in the Middle East (Iran–Israel, Gaza) and Russia–Ukraine keep gold attractive as a safe-haven asset
- Even with temporary ceasefires, the risk premium remains embedded in price
📉 4. Fed Dovish Shift
- Fed Governor Waller signals a possible July rate cut, citing weak labor data and easing inflation
- Lower rates = weaker dollar = stronger gold
🧠 Final Thought
This setup isn’t just technically sound—it’s fundamentally explosive. You’re riding a macro wave of dollar weakness, geopolitical hedging, and central bank gold demand. If price reacts cleanly at 3 250, this could be your high-conviction entry of the month.
🔹 Trade Setup
Entry Zone - 3 245 – 3 255
Stop-Loss - 3 240
TP1 - 3 375 (Last Month High)
TP2 - 3 475 (Upper Channel)
🧠 Technical Rationale
- Price is respecting a clean ascending channel
- Confluence at entry: lower trendline + last month’s low + hidden order block
- Liquidity sweep expected below 3 245 before bullish continuation
🌍 Fundamental Tailwinds (July 2025)
🏦 1. US Dollar Collapse
- The US Dollar Index (DXY) is down 10.8% YTD, its worst start since 1973
- Driven by:
- Trump’s erratic tariff policies and fiscal expansion
- Loss of confidence in US Treasuries as a safe haven
- Moody’s downgrade of US credit rating
“The dollar has transformed from a safe haven into a symbol of instability.” – ING strategist
🪙 2. Central Bank Gold Demand
- Global central banks continue accumulating gold to hedge against dollar devaluation
- This institutional demand underpins long-term bullish momentum
🔥 3. Geopolitical Risk Premium
- Ongoing tensions in the Middle East (Iran–Israel, Gaza) and Russia–Ukraine keep gold attractive as a safe-haven asset
- Even with temporary ceasefires, the risk premium remains embedded in price
📉 4. Fed Dovish Shift
- Fed Governor Waller signals a possible July rate cut, citing weak labor data and easing inflation
- Lower rates = weaker dollar = stronger gold
🧠 Final Thought
This setup isn’t just technically sound—it’s fundamentally explosive. You’re riding a macro wave of dollar weakness, geopolitical hedging, and central bank gold demand. If price reacts cleanly at 3 250, this could be your high-conviction entry of the month.
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.
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.