📌 Market Overview
Gold surged as high as $3,370/oz before closing at $3,355.9 (+0.24%), fuelled by growing expectations that the Federal Reserve could deliver a 50bps rate cut in September.
US Treasury Secretary Bessent signalled strong support for such a move, while July CPI remained soft — weighing on the USD and pushing bond yields lower, giving gold a clear upside path.
However, upside momentum was capped by US equities hitting fresh record highs and a cooling in geopolitical tensions.
Markets now turn their focus to the upcoming PPI data, jobless claims, and the Trump–Putin meeting to gauge gold’s next move.
🧐 Technical Outlook – MMFLOW Perspective
The recovery wave is becoming increasingly evident after recent corrective moves. Price action is now poised to revisit liquidity zones from previous pullbacks.
Strategy remains to:
Buy early in pre-identified liquidity zones to ride the bullish wave within the current channel.
Sell from continuation or exhaustion zones once the next liquidity sweep is in play.
🎯 Trading Plan – MMFLOW
🔹 BUY ZONE – Early Long Setup
Entry: 3336 – 3334
Stop Loss: 3330
Take Profit: 3340 – 3345 – 3350 – 3355 – 3360 – 3365 – 3370 – 3380 – ???
🔹 SELL ZONE – Liquidity Grab Short Setup
Entry: 3394 – 3396
Stop Loss: 3400
Take Profit: 3390 – 3385 – 3380 – 3370 – 3360
📊 Key Levels
Resistance: 3365 – 3370 – 3395
Support: 3334 – 3330 – 3315
💡 MMFLOW Comment:
The technical structure supports a tactical buy-on-dip approach, with 334x being a key pivot zone for the bulls. If price accelerates towards 339x, watch for a liquidity sweep to trigger high-probability short setups.
Gold surged as high as $3,370/oz before closing at $3,355.9 (+0.24%), fuelled by growing expectations that the Federal Reserve could deliver a 50bps rate cut in September.
US Treasury Secretary Bessent signalled strong support for such a move, while July CPI remained soft — weighing on the USD and pushing bond yields lower, giving gold a clear upside path.
However, upside momentum was capped by US equities hitting fresh record highs and a cooling in geopolitical tensions.
Markets now turn their focus to the upcoming PPI data, jobless claims, and the Trump–Putin meeting to gauge gold’s next move.
🧐 Technical Outlook – MMFLOW Perspective
The recovery wave is becoming increasingly evident after recent corrective moves. Price action is now poised to revisit liquidity zones from previous pullbacks.
Strategy remains to:
Buy early in pre-identified liquidity zones to ride the bullish wave within the current channel.
Sell from continuation or exhaustion zones once the next liquidity sweep is in play.
🎯 Trading Plan – MMFLOW
🔹 BUY ZONE – Early Long Setup
Entry: 3336 – 3334
Stop Loss: 3330
Take Profit: 3340 – 3345 – 3350 – 3355 – 3360 – 3365 – 3370 – 3380 – ???
🔹 SELL ZONE – Liquidity Grab Short Setup
Entry: 3394 – 3396
Stop Loss: 3400
Take Profit: 3390 – 3385 – 3380 – 3370 – 3360
📊 Key Levels
Resistance: 3365 – 3370 – 3395
Support: 3334 – 3330 – 3315
💡 MMFLOW Comment:
The technical structure supports a tactical buy-on-dip approach, with 334x being a key pivot zone for the bulls. If price accelerates towards 339x, watch for a liquidity sweep to trigger high-probability short setups.
Trade active
After the PPI report, Gold made a textbook pullback to the 3334 – 3336 liquidity zone, hitting our BUY entry perfectly and smashing TP for +120 PIPS 🎯.
Right after that, strong bullish momentum kicked in, and the uptrend continues to build. Those following MMFLOW have surely PUMPED PUMPED PUMPED this move 💰💪.
📌 Chart:
✅ Discipline – Wait for the zone – Ride the wave – Take profit clean!
🔥 MMFLOW Trading – Sharp analysis, precise execution!
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+iimmVCgUnK5mZTRl
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+iimmVCgUnK5mZTRl
Related publications
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.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+iimmVCgUnK5mZTRl
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+iimmVCgUnK5mZTRl
Related publications
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.