Will XAUUSD resume its bullish trend, or is more downside ahead?
In this video, I break down last week’s gold price movement and the current market reaction to rising geopolitical tensions between Iran and Israel, now with the U.S. joining the conflict. We also assess the impact of the Fed’s recent rate hold, weak retail sales, and upcoming high-impact U.S. economic events like PMI, GDP, and Core PCE.
💡 Here’s what you’ll learn:
✅What caused gold’s pullback last week
✅Why institutional traders shake out retail buyers
✅Key fundamentals driving gold right now
✅How to position yourself smartly for the upcoming trading week
🔔 Don’t forget to like the video in support of this work.
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, #xauusd, #goldforecast, #goldpriceprediction, #forexanalysis, #fundamentalanalysis, #forextrading, #tradinggold, #goldnews, #federalreserve, #marketpsychology, #tradingstrategy, #geopoliticalrisk, #usdata, #iranisraeltensions, #goldbullish, #goldbearish, #forexmentor, #xauusdforecast, #tradingview
In this video, I break down last week’s gold price movement and the current market reaction to rising geopolitical tensions between Iran and Israel, now with the U.S. joining the conflict. We also assess the impact of the Fed’s recent rate hold, weak retail sales, and upcoming high-impact U.S. economic events like PMI, GDP, and Core PCE.
💡 Here’s what you’ll learn:
✅What caused gold’s pullback last week
✅Why institutional traders shake out retail buyers
✅Key fundamentals driving gold right now
✅How to position yourself smartly for the upcoming trading week
🔔 Don’t forget to like the video in support of this work.
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, #xauusd, #goldforecast, #goldpriceprediction, #forexanalysis, #fundamentalanalysis, #forextrading, #tradinggold, #goldnews, #federalreserve, #marketpsychology, #tradingstrategy, #geopoliticalrisk, #usdata, #iranisraeltensions, #goldbullish, #goldbearish, #forexmentor, #xauusdforecast, #tradingview
Trade active
#XAUUSD📉 Gold Technical Update – 1H Chart Focus
Gold started the week strong, but bulls are slowing down, likely due to a modest USD rebound and the Fed’s hawkish tone.
📌 I'm watching the $2,350/$2,347 zone as key support - it acted as a base for last week's bullish attempt, and it may once again hold the line, especially with escalating geopolitical tensions in the Middle East providing a fundamental support.
⚠️ However, a breakdown and retest below this zone could trigger a short opportunity.
📊 Upcoming Catalyst to Watch
All eyes are now on the PMI data coming up later today. That might just be the spark needed for a clearer directional bias.
🎥 Catch the full breakdown in our upcoming live session, don’t miss it!
Note
#XAUUSD📣 MARKET UPDATE
The buy position is now floating with over +150 pips in profit, and the released U.S. S&P Global PMI data, which came in stronger than expected, appears to give the US Dollar a brief lift but not enough to suppress Gold’s bullish setup.
🔐 Now is a good time to secure some profits while we continue to monitor price action.
Note
#XAUUSD📍Quick Technical Update
Price action remained confined within a tight $10 range-bound structure since the Asian session, reflecting market hesitation as doubts loom over the durability of the Israel-Iran ceasefire.
The newly identified 1H timeframe structure captures this indecision and will serve as my guiding light for today’s trading activities.
🧠 Sentiment remains fragile, with traders on standby ahead of key US macro catalysts including Fed Chair Powell’s testimony before the Senate today and the US GDP report due tomorrow. I expect volatility as these event draws near.
📊 Until then, we remain tactical within the range, waiting for a directional breakout that aligns with fresh fundamentals.
🎥 We’ll be breaking all of this down in detail during our upcoming livestream; don’t miss it.
Note
Quick Post-Livestream Update:Following our morning session, we've agreed to use the 15-minute structure (see chart below) as our guide for today’s gold trading decisions.
The ongoing optimism around the Israel-Iran ceasefire is boosting market mood and weighing on gold demand.
Meanwhile, anticipation around the US Core PCE data has kept the market in a tight consolidation phase, a clear sign of indecision.
Here’s the play:
If inflation data comes in cooler than expected, gold could bounce on renewed rate cut hopes.
If it comes in hot, we might see a further dip, though any drop may be short-lived as traders still expect rate cuts later this year.
So, let’s keep our eyes on the breakout/retest of this zone.
Will it be a reversal or a bearish continuation?
Time and price action will tell.
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.