Breaking 3322, gold price continues to recover

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Plan XAU day: 29 July 2025

Related Information:!!!

Gold prices (XAU/USD) advance to a new intraday high during the first half of the European session on Tuesday, recovering from the nearly three-week low around the $3,300 level reached the previous day. As market participants absorb the latest wave of trade-related optimism, lingering uncertainty ahead of this week’s key central bank events and high-impact US macroeconomic releases continues to lend support to the safe-haven precious metal.

At the same time, the US Dollar (USD) has eased slightly from its highest level since June 23, providing an additional tailwind for gold. Nonetheless, the increasingly widespread expectation that the Federal Reserve (Fed) will maintain elevated interest rates for an extended period is likely to limit any significant USD correction. Consequently, this may act as a headwind for the XAU/USD pair as attention turns to the highly anticipated FOMC meeting set to commence later today.

personal opinion:!!!

Gold price recovered, broke 3322. Good buying power, continued to recover and accumulate above 3300

Important price zone to consider : !!!

Support zone point: 3322, 3302 zone

Sustainable trading to beat the market

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