Dear Traders,
Technical Analysis of XAUUSD (Gold vs USD) – July 10, 2025
Price has recently broken out of a falling channel (black lines) and is now testing a key resistance zone (marked in blue):
Resistance Zone: 3329 to 3334 – price is reacting to this area, and it might reverse downward.
Support Zone: 3306 – if price declines, this is a potential target.
📉 Possible Scenario:
If price gets rejected from 3329–3334, it may head back down toward the 3306 support zone.
If price breaks and holds above 3334, the bullish trend could continue.
📊 The RSI is around 54, in neutral territory. No major divergence is seen, but the move out of oversold territory suggests growing buyer strength.
Regards,
Alireza!
Technical Analysis of XAUUSD (Gold vs USD) – July 10, 2025
Price has recently broken out of a falling channel (black lines) and is now testing a key resistance zone (marked in blue):
Resistance Zone: 3329 to 3334 – price is reacting to this area, and it might reverse downward.
Support Zone: 3306 – if price declines, this is a potential target.
📉 Possible Scenario:
If price gets rejected from 3329–3334, it may head back down toward the 3306 support zone.
If price breaks and holds above 3334, the bullish trend could continue.
📊 The RSI is around 54, in neutral territory. No major divergence is seen, but the move out of oversold territory suggests growing buyer strength.
Regards,
Alireza!
Trade closed: target reached
Target reached ! good Luck !
💰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.