In this video, I break down everything that moved the price of gold last week, from the early-week rally toward $3,430 to the sharp midweek drop toward $3,325. We go beyond the surface, diving into what caused the reversal, and how I'm approaching next week’s market using a simple ascending channel on the 4-hour chart.
With major events like the FOMC rate decision, U.S. GDP, PCE inflation, NFP and the August 1 tariff deadline all on the radar, this analysis will help you stay grounded and prepare for volatility.
👉 If you find this content valuable, don’t forget to Boost, Comment, and Subscribe for weekly market breakdowns.
Disclaimer:
Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading.
#goldanalysis, #goldforecast, #xauusd, #goldpriceprediction, #technicalanalysis, #fundamentalanalysis, #tradingstrategy, #forextrader, #priceaction, #fomc, #usgdp, #pceinflation, #goldtrading, #forexeducation, #dollarvsgold, #tariffnews, #chartanalysis, #forexmentorship, #rebuildingthetraderwithin
With major events like the FOMC rate decision, U.S. GDP, PCE inflation, NFP and the August 1 tariff deadline all on the radar, this analysis will help you stay grounded and prepare for volatility.
👉 If you find this content valuable, don’t forget to Boost, Comment, and Subscribe for weekly market breakdowns.
Disclaimer:
Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading.
#goldanalysis, #goldforecast, #xauusd, #goldpriceprediction, #technicalanalysis, #fundamentalanalysis, #tradingstrategy, #forextrader, #priceaction, #fomc, #usgdp, #pceinflation, #goldtrading, #forexeducation, #dollarvsgold, #tariffnews, #chartanalysis, #forexmentorship, #rebuildingthetraderwithin
Trade active
#XAUUSD🚨 Update Ahead of Livestream 🚨
Since the week began, price action has remained in an indecisive phase, consolidating tightly between $3,325 and $3,344, suggesting a potential breakout may be brewing.
We’re still sitting at a critical juncture, right around the ascending trendline highlighted in my last video. This zone continues to act as the battleground between bulls and bears.
🧭The newly identified structure on the 1H timeframe reflects the current market sentiment, and that’s what I’ll be using as my guiding light today.
📌 Until we see a decisive break of the structure, we stay patient. The breakout, either above or below this zone, will likely set the tone for the next trading leg.
Note
#XAUUSD📊 Market Update — July 30th, 2025
Since Monday’s sharp selloff into the $3,301 zone, Gold has been staging a steady recovery as price action evolves into a series of higher lows, forming an ascending trendline that gives us a clear technical structure heading into today’s session.
This structure suggests a positive bias, but let’s be honest, there’s no real momentum yet. Traders are clearly on the sidelines, waiting on the FOMC policy decision later today. This hesitation is obvious on the chart, with the $3,334 zone acting as tough resistance; it’s capped price all week.
Zooming into the 15-minute timeframe, we’re seeing the current sentiment crystalize [see chart below]. This structure will be my compass for today’s session. We shall expand on the current market dynamics during our live stream.
🕤 See you at 9:30 AM UTC.
Note
#XAUUSD🚨 Post Livestream Update 🚨
Sell position triggered at the breakdown of $3,327.50 as discussed in our livestream this morning. This breakdown confirms bearish intent, and as we speak, the position is running with over 150 pips in profit.
This move comes on the back of renewed strength in the US Dollar, as the US economy once again demonstrates its resilience. Both the ADP Employment Change and the Gross Domestic Product data came in stronger than expected, giving investors renewed confidence in the USD.
With the Federal Reserve interest rate decision looming later today, market participants are positioning early, and we're already seeing the impact.
This is a good moment to start securing partial profits, especially as we head into potential volatility later in the New York session.
NB:
Momentum is still favouring the downside, but anything can happen around the Fed, so risk management is key.
Note
#XAUUSD🟡 Market Update — Friday, August 1st
Price action has been on a consistent downtrend since the start of the week, a move we anticipated and capitalized on during Wednesday's session, banking over 300 pips amidst strong U.S. economic data.
However, in the last 48 hours, momentum has stalled. We're now seeing signs of buying interest creeping in, but without the kind of bullish conviction needed to reverse the trend. It’s clear that many traders are holding back, opting to wait for the release of the U.S. NFP report before placing any aggressive bets.
A descending channel on the 15-minute timeframe captures the current sentiment. This structure will be central to how I approach today's trading decisions. [See chart below]
We'll dive deeper into this dynamic during our upcoming livestream session... See you soon!
Trade closed: target reached
#XAUUSD UPDATEPrice action moves over 500 pips from our buy entry as discussed this morning, following the US NFP payroll's market disappointment. Secure some profit now
Trade smart. Trade consciously
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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 smart. Trade consciously
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.