Goldprediction
The Federal Reserve maintains a neutral stanceAs the Federal Reserve maintains its neutral monetary policy stance despite acknowledging slowing economic growth, the gold market is attempting to reclaim the $3,300 per ounce mark.
As expected, the Fed kept interest rates unchanged, maintaining them within a range of 4.25% to 4.50%. The most notable change in the Fed's monetary policy statement was a slight downward revision of its assessment of the economy, noting that growth in the first half of the year slowed from the "solid pace" seen in June.
In its monetary policy statement, the Fed stated: "While volatility in net exports continues to impact the data, recent indicators suggest that the growth of economic activity has moderated somewhat in the first half of the year."
The market's initial reaction to the Fed's statement was renewed volatility in gold prices. On Wednesday (July 30), spot gold closed at $3,274.88, down $51.47, or 1.55%, with an intraday low of $3,268.02. In early Asian trading on Thursday, spot gold rebounded to around $3,296, putting it within reach of the previous support level of $3,300.
While the Federal Reserve maintained its neutral monetary policy stance, dissent began to emerge within the committee. Fed Governors Bowman and Waller both voted in favor of a rate cut at this meeting.
However, analysts noted that the split vote was unsurprising, as both committee members had been outspoken about their dovish views.
With the Fed's decision unsurprising, Michael Brown, senior market analyst at Pepperstone, predicts the Fed will be slightly more hawkish this year than the market currently anticipates.
Despite the Fed's current neutral stance, the market still expects the Fed to cut interest rates twice this year, starting as early as September.
"My baseline forecast remains that the resilient nature of the labor market and continued tariff-induced price pressures will keep the Fed on the sidelines for now," Brown said. "My view remains that only one 25 basis point rate cut is likely this year, likely at the December meeting." OANDA:XAUUSD ACTIVTRADES:GOLD EIGHTCAP:XAUUSD FOREXCOM:GOLD EIGHTCAP:XAUUSD
Is the gold correction over?✏️Yesterday's D1 candle closed above the Breakout 3363 zone. This shows that the buyers in the US session are still strong. There is a possibility of a liquidity sweep in the Tokyo and London sessions, then in the New York session, Gold will recover and increase again. The uptrend is really broken when Gold confirms a close below 3345. In this case, we have to wait for 3320 to confirm the BUY point. The gold uptrend at this time also needs new momentum to be able to move towards ATH 3500.
📉 Key Levels
Support: 3345-3320
Resistance: 3373-3418
Buy zone: 3345 (bullish wave structure maintained); BUY DCA break 3373
Buy zone: 3320 (Strong support zone)
Target: 3417
Leave your comments on the idea. I am happy to read your views.
Gold breaks price channel, officially starts falling✏️ OANDA:XAUUSD price has officially broken the bullish wave structure and broken the bullish channel. A corrective downtrend has begun to form. If there is a pull back to the trendline today, it is considered a good opportunity for sell signals.
The liquidity zone 3250 is the target of this corrective downtrend. The 3283 zone also has to wait for confirmation because when the market falls and the momentum of the decline, the number of FOMO sellers will be very strong. The opposite direction is when closing back above 3375, Gold will return to the uptrend.
📉 Key Levels
SELL zone 3343-3345
Target: 3250
BUY trigger: Rejection candle 3285
Buy zone: 3251
Leave your comments on the idea. I am happy to read your views.
GBPJPY starts corrective downtrend. Ready to SELL✏️ OANDA:GBPJPY has broken the trendline structure and broken the disputed zone. Price is heading towards the support zone ahead around 197.000. This is considered a breakout zone for DCA rather than BUYing at this zone. The downtrend of GBPJPY may extend to the bottom of last week.
📉 Key Levels
SELL now GBPJPY 198.000
SELL trigger: Break support zone 197.000
Target 195.500
Leave your comments on the idea. I am happy to read your views.
XAUUSD – 4H Short Setup AnalysisGold (XAUUSD) has broken below the dynamic support zone of the Keltner Channel structure and is currently trading beneath the 200 EMA zone, signaling bearish momentum. Price has rejected the upper resistance band near 3385, forming a lower high and triggering a short entry at the 38.2% Fibonacci retracement zone.
📉 Trade Idea (Short Bias)
Entry: Around 3360
TP1: 3317 (key support zone)
TP2: 3275 (38.2% Fib ext)
TP3: 3208 (100% extension target)
SL: 3385 (61.8% Fib retracement)
Confluences:
Price rejection from upper channel
200 EMA trend resistance
Clean bearish structure with momentum confirmation
Fib confluence adds precision to entry and target levels
If momentum sustains below 3360, further downside is likely toward the 3200 zone.
XAUUSD – Weak recovery, selling pressure still dominatesHello everyone! What do you think – is it time to buy or sell gold?
After clearly breaking the ascending trendline late last week, gold made a slight rebound from the 3,325 zone. However, in my view, this bounce was relatively weak and mostly technical in nature.
Currently, price is retesting a key confluence area around 3,345–3,355, which includes the previous trendline and a nearby resistance zone.
If we see a clear rejection candle form at this level, there's a high chance the price may reverse and continue its downward trend. The short-term target I’m watching is 3,300 USD – and if that level doesn’t hold, we could see stronger reactions near 3,283.
According to the VRVP indicator, volume is concentrated around lower price levels, suggesting that liquidity is still sitting near previous lows. Structurally, the market continues to form lower highs and lower lows, and with the EMA sloping downward, my primary bias remains to SELL on rallies within the trend.
Gold - The diligent top formation!🏆Gold ( TVC:GOLD ) finished the bullrun:
🔎Analysis summary:
For the past 10 years, Gold has been trading in a very strong expected bullrun. Just like we witnessed it in 2011, a 10 year bullrun is followed by a shorter term bearmarket. Gold is starting to lose its strength, which is a clear sign of weakness and the beginning of a bearish reversal.
📝Levels to watch:
$2.800
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Be cautious with the numerous news and short sell on rebound#XAUUSD
The market is fluctuating sideways, and whether it can achieve a V-shaped reversal still needs to wait for information such as ADP and the Federal Reserve's decision.🗞 Invest lightly today and avoid letting emotions dictate your thinking.⚖️
⚠️Although the market currently predicts that the news information is bullish for gold, and most of the trading voices are centered around bulls, we still need to be wary of the resistance area above 3345-3350.
📉Judging from the daily chart, I have clearly stated in the figure before that the current trend is a converging triangle. If the price hits the triangle boundary, coupled with the interference of external news, it may trigger panic selling, killing a wave of long buyers first🐂, and then trigger an upward trend when it retreats to near the 3300 support level, and may even test the support level of 3285. 🩳
The 4H chart shows that although the rebound momentum is still continuing📈, the gold price is still below the short-term moving average and has only recovered the lower support level. It is necessary to wait for a second retracement confirmation to determine whether a true trend reversal has been achieved. 📈
In addition, the price on the hourly chart continues to run in a downward channel. Combined with the previous trend pattern, after the rebound correction at the 4H level is completed, it is highly likely that the downward trend will continue to return to the lower support level of the daily level.🐻
If resistance is encountered at 3345-3350 for the first time today, consider shorting.💡
If the price currently retreats to around 3320-3315, consider a short-term long position. Long positions held yesterday can be manually closed at around 3330.💡
🚀 SELL 3340-3350
🚀 TP 3330-3320-3300
🚀 BUY 3320-3315
🚀 TP 3330-3340
Gold next move (Read Description). Hello, Traders.
As we achieved more than 400 pips on last trade, Now I’m back with new idea for next move.
As you can see the gold is dropping since last few days.
Now the trend is bearish according Higher Time Frames and Bullish trend in Lower Time Frames, We will have to follow the Higher Time Frames to find the next move.
The market is creating the trend line buy according to H1,M30 and also respecting the trend line.
Keep in mind the trend is bearish, the gold will drop.
If the price doesn't breaks the 3347, then next move will be around 3284. If the price breaks the 3347 then gold will fly, trend will be change.
Kindly share your ideas and drop positive comments, Thanks.
GOLD Weekly Idea💡Why Gold Pulled Back
- Gold pulled back today after hitting $3439.04, just below resistance at $3451.53. Traders took profits ahead of key Fed and trade headlines. Right now, it’s trading around $3414.48, down 0.50%.
- The dip came after the U.S.-Japan trade deal eased geopolitical tension, cutting safe-haven demand. Plus, U.S. bond yields are climbing (10-year at 4.384%), which adds pressure on gold.
Support is building at $3374.42, with stronger buying interest expected around $3347.97 and the 50-day moving average at $3336.40 — a key level bulls want to defend.
Short-term looks a bit weak, but as long as gold holds above the 50-day MA, the bullish trend remains intact. Longer-term, weakness in the dollar, central bank gold buying, and concerns about Fed independence could push prices higher.
🔍Watching the Fed’s July 29–30 meeting next
GOLD ROUTE MAP UPDATEHey Everyone,
Quick follow up on our 1H chart route map:
We had the break below 3305 Goldturn, opening and hitting the 1st level of the swing range at 3289, which did exactly what it says on the tin and gave us the perfect swing bounce into 3305.
We are now looking for support above the swing range and a break above 3305 to track the movement up or further retest and break below the 1st level of the swing range may open the the 2nd level at 3267. Ema5 cross and lock will confirm this.
From here, we’re watching for:
Support to hold above the swing range, followed by a clean break above 3305, which would suggest upward continuation.
Alternatively, if we retest and break below 3289, that opens the path toward the second level of the swing range at 3267.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3348
EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS
3369
EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET
3397
EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET
3422
BEARISH TARGETS
3328 - DONE
EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET
3305 - DONE
EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE
3289 - DONE
3267
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold is in the Bearish Direction after Breaking SupportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GOLD - Near Current Resistance? holding or not??#GOLD... so market perfectly holds our expected bottom and bounced back and now market just near to his current Resistance region.
that is around 3328 to 3332
keep close that region because if market hold it in that case we can see again drop towards our ultimate support 3310
NOTE: we will go for cut n reverse above 3332 on confirmation.
good luck
trade wisely
Gold (XAU/USD) 1H Chart AnalysisGold (XAU/USD) 1H Chart Analysis
**Current Trend:** Consolidation within a range
**Price:** \$3,335–\$3,336
**Indicators:**
* EMA 7: \$3,336.92
* EMA 21: \$3,339.36
* Price trading slightly below both EMAs – **short-term bearish pressure**
---
### 🔍 **Key Levels**
* **Resistance Zone:** \$3,344–\$3,348
* **Support Zone:** \$3,324–\$3,328
---
### 📊 **Trade Scenarios**
#### **Bullish Breakout Scenario**
* **Confirmation:** Clean breakout and candle close above **\$3,348**
* **Buy Entry:** Above \$3,348
* **Targets:**
* TP1: \$3,360
* TP2: \$3,372+
* **Invalidation:** Price falls back below \$3,344 after breakout (fakeout risk)
#### **Bearish Breakdown Scenario**
* **Confirmation:** Break and close below **\$3,324**
* **Sell Entry:** Below \$3,324
* **Targets:**
* TP1: \$3,312
* TP2: \$3,296
* **Invalidation:** Reclaim above \$3,328
---
### ⚖️ **Bias**
Neutral to Bearish until a clear breakout occurs. Monitor volume and candle strength near the support/resistance zones for trade confirmation.
Will Gold Break Higher or Resume the Downtrend?Gold has been trading within a defined rising channel pattern, forming a short-term consolidation phase after a significant bearish leg. The current setup presents a critical inflection zone where Gold (XAUUSD) could either break out above the resistance trendline and major resistance zones or retrace and resume the prior downtrend.
Traders and investors should pay close attention to the price behavior around these key levels for possible high-probability trading opportunities.
📊 Technical Breakdown
1. Rising Channel Pattern
Gold has been bouncing between a support trend line and a resistance trend line, forming a rising channel. This indicates a controlled upward movement or short-term relief within a broader downtrend.
Support Trendline: Has been respected multiple times and offers a key reference point for bullish continuation.
Resistance Trendline: Acting as a cap on the short-term rallies.
This pattern represents a state of consolidation and indecision, often preceding a strong breakout in either direction.
2. Major Resistance Zone Ahead
The region around $3,345–$3,355 is stacked with:
Previous supply zones.
Confluence of the channel resistance and historical price rejection.
Psychological level near $3,350.
This zone is the make-or-break point for bulls. A successful breakout above this resistance could open the doors for a strong bullish continuation targeting levels such as:
$3,370
$3,390
$3,400+
But without a convincing close above this zone, bullish attempts may get rejected, resulting in a pullback or even breakdown.
3. Immediate Support Zone
On the downside, $3,320–$3,325 is a key short-term support level:
Aligned with the lower boundary of the channel.
Previous breakout retest zone.
Demand area observed in past bounces.
If this zone fails to hold, Gold could witness a strong decline, with potential targets at:
$3,310
$3,290
$3,275
🧠 Two Scenarios for Traders
✅ Bullish Breakout Scenario:
Trigger: Price breaks above $3,355 and sustains.
Retest Opportunity: If price comes back to test the breakout zone with a bullish engulfing candle or pin bar, it can serve as confirmation.
Target Zones: $3,370 / $3,390 / $3,400+
Stop Loss: Below the breakout point or recent higher low inside the channel (~$3,320)
❌ Bearish Breakdown Scenario:
Trigger: Breakdown of the support trendline and close below $3,320.
Confirmation: A bearish retest or continuation candle adds strength to the setup.
Target Zones: $3,310 / $3,290 / $3,275
Stop Loss: Above $3,335 (recent high)
📝 Final Thoughts
The XAUUSD 1H chart is setting up for a volatile move as price action coils between strong support and resistance. The rising channel within the larger downtrend makes this an ideal setup for both breakout traders and trend followers.
For bullish traders, the best entry lies above the resistance trendline, ideally after a retest. For bearish traders, a breakdown below the support line confirms downside momentum continuation.
In either direction, a clear break from this consolidation channel is likely to deliver a fast, directional move. Patience is key—wait for a clean breakout or breakdown before entering large positions.
=================================================================
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
=================================================================
XAU/USD Intraday Plan | Support & Resistance to WatchGold remains in a bearish structure, consolidating in a narrow range after the sharp drop earlier this week. Price is trading around 3,330, testing the 3,334 resistance zone while still below the 200MA (3,362), which may act as dynamic resistance.
As long as price stays below 3,348–3,362, the bias remains to the downside, with a break below 3,309 likely exposing the 3,289–3,267 support zone.
A clean reclaim above 3,334- 3,348 would neutralize the immediate downside pressure and open the path back toward 3,373–3,387.
📌 Key Levels to Watch
Resistance:
‣ 3,334
‣ 3,348
‣ 3,362
‣ 3,373
‣ 3,387
Support:
‣ 3,309
‣ 3,289
‣ 3,267
‣ 3,241
🔎Fundamental Focus – FOMC
The FOMC rate decision and Powell’s press conference later today will be the key driver for gold. Expect sharp volatility and potential whipsaws around the release.
⚠️ Manage risk carefully, avoid chasing initial spikes, and wait for clear direction once the event dust settles.
Gold Price Analysis July 30Gold (XAUUSD) Consolidating in a Triangle Pattern – Preparing for a Big Breakout
Currently, gold is moving within a triangle consolidation pattern, reflecting the market’s indecision as investors await a series of important economic data from the US this week. This hesitation suggests that a breakout from the triangle pattern could trigger a strong FOMO effect, creating a significant price movement in either direction.
The current price action is similar to a “bull flag” or “pennant” pattern, where a breakout could lead to a clearer and more decisive trend. If the support zone in the pattern fails to hold, the possibility of a sell-off is high.
Trading scenario:
🔻 Activate SELL order:
When price breaks the triangle bottom around 3324
Downside target: 3285, further is the strong support zone at 3250
🔺 Activate BUY order:
When price breaks and holds above the resistance zone 3333
Or: when there is a bearish rejection signal and candle confirmation at the area 3385