XAUUSD Gold Trading Strategy August 15, 2025:
Spot gold prices edged down from intraday highs in Asia on August 14, 2025, approaching the $3,330/ounce area. Earlier, the US Dollar Index weakened to a two-week low of 97.839, along with falling US Treasury yields, pushing gold prices back up.
Fundamental news: The market is now pricing in a 97% chance of the US Federal Reserve cutting interest rates in September, with an increasing likelihood of one or even two more rate cuts before the end of the year. Lower borrowing costs and falling yields tend to support gold as the metal does not pay interest.
Technical analysis: After breaking out of the rising channel yesterday, gold prices have approached the old bottom of $3,330, and there is a high possibility of forming a bullish flag pattern on the H1 chart. However, this model needs a lot of time to create enough strength. We will mainly trade in the current bullish flag model.
Important price zones today: 3325 - 3330 and 3355 - 3360.
Today's trading trend: BUY hold.
Recommended orders:
Plan 1: BUY XAUUSD zone 3325 - 3327
SL 3322
TP 3330 - 3340 - 3350 - 3360 - OPEN.
Plan 2: SELL XAUUSD zone 3358 - 3360
SL 3363
TP 3355 - 3345 - 3335 - 3325.
Wish you a safe, successful and profitable weekend trading day.🌟🌟🌟🌟🌟
Spot gold prices edged down from intraday highs in Asia on August 14, 2025, approaching the $3,330/ounce area. Earlier, the US Dollar Index weakened to a two-week low of 97.839, along with falling US Treasury yields, pushing gold prices back up.
Fundamental news: The market is now pricing in a 97% chance of the US Federal Reserve cutting interest rates in September, with an increasing likelihood of one or even two more rate cuts before the end of the year. Lower borrowing costs and falling yields tend to support gold as the metal does not pay interest.
Technical analysis: After breaking out of the rising channel yesterday, gold prices have approached the old bottom of $3,330, and there is a high possibility of forming a bullish flag pattern on the H1 chart. However, this model needs a lot of time to create enough strength. We will mainly trade in the current bullish flag model.
Important price zones today: 3325 - 3330 and 3355 - 3360.
Today's trading trend: BUY hold.
Recommended orders:
Plan 1: BUY XAUUSD zone 3325 - 3327
SL 3322
TP 3330 - 3340 - 3350 - 3360 - OPEN.
Plan 2: SELL XAUUSD zone 3358 - 3360
SL 3363
TP 3355 - 3345 - 3335 - 3325.
Wish you a safe, successful and profitable weekend trading day.🌟🌟🌟🌟🌟
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.
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.