XAUUSD Gold Trading Strategy August 11, 2025:
At the beginning of the new week's trading session, the gold price fell sharply from the 340x area to the current 335x area.
Basic news: The US Dollar Index (DXY) fell to around 98 last week, unable to stay above 100. Although the 10-year Treasury yield rose to 4.285%, the Dollar remained under pressure, reflecting market concerns about political risks in the United States.
Technical analysis: After the price met the 340x resistance area, it fell sharply. Currently, the H1 frame MA lines have turned into resistance, but the H4 frame is still support. The H1 frame RSI is showing signs of increasing again and moving towards the average line; the H4 frame RSI is adjusting towards the oversold area. We will wait at the resistance areas and liquidity areas to trade.
Important price zones today: 3375 - 3380, 3350 - 3355 and 3395 - 3400.
Today's trading trend: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 3378 - 3380
SL 3383
TP 3375 - 3365 - 3355 - 3330.
Plan 2: SELL XAUUSD zone 3395 - 3397
SL 3400
TP 3392 - 3382 - 3362 - 3330.
Plan 3: BUY XAUUSD zone 3353 - 3355
SL 3350
TP 3358 - 3368 - 3378 - 3390 (small volume).
Wish you a safe, successful and profitable new trading week.🥰🥰🥰🥰🥰
At the beginning of the new week's trading session, the gold price fell sharply from the 340x area to the current 335x area.
Basic news: The US Dollar Index (DXY) fell to around 98 last week, unable to stay above 100. Although the 10-year Treasury yield rose to 4.285%, the Dollar remained under pressure, reflecting market concerns about political risks in the United States.
Technical analysis: After the price met the 340x resistance area, it fell sharply. Currently, the H1 frame MA lines have turned into resistance, but the H4 frame is still support. The H1 frame RSI is showing signs of increasing again and moving towards the average line; the H4 frame RSI is adjusting towards the oversold area. We will wait at the resistance areas and liquidity areas to trade.
Important price zones today: 3375 - 3380, 3350 - 3355 and 3395 - 3400.
Today's trading trend: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 3378 - 3380
SL 3383
TP 3375 - 3365 - 3355 - 3330.
Plan 2: SELL XAUUSD zone 3395 - 3397
SL 3400
TP 3392 - 3382 - 3362 - 3330.
Plan 3: BUY XAUUSD zone 3353 - 3355
SL 3350
TP 3358 - 3368 - 3378 - 3390 (small volume).
Wish you a safe, successful and profitable new trading week.🥰🥰🥰🥰🥰
Daily briefings, updates & focused insights. Clarity > Noise | Smart Trading Begins Here. My channel on telegram: t.me/macrogoldscope
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.
Daily briefings, updates & focused insights. Clarity > Noise | Smart Trading Begins Here. My channel on telegram: t.me/macrogoldscope
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.