The idea of shorting on rallies below 3315 remains unchanged.Gold remains generally weak, with multiple rebounds showing signs of fatigue. The upward moving average continues to suppress prices, indicating that the bearish trend remains intact, and the short-term market outlook remains bearish. Trading strategies remain bearish today, with a key focus on the 3300-3315 area, a key short-term resistance zone. If the market rebounds before the US market opens and approaches this area, or if a clear topping signal appears near this range, consider entering a short position. Today will see the release of the non-farm payroll data, which may influence the market's trajectory. We recommend prioritizing short-term trading before the release, and reconsidering the market's direction based on market feedback after the release. Structurally, gold continues to exhibit a volatile downward trend, with lower highs and lower lows. Today's low is expected to be lower than yesterday's. Short-term short positions are focused on 3285-3280, with a break below this level potentially allowing for further declines. Please carefully time your entry, strictly implement risk management, and avoid emotional trading.
Goldprice
Impact of the Non-Farm Payrolls? Latest Analysis.Information Summary:
Most traders are turning their attention to the crucial US labor market report, which is being closely watched as the market actively searches for new clues regarding the timing of the next interest rate cut this year.
The July non-farm payrolls report will be released at 8:30 AM US time. US non-farm payrolls increased by 110,000 in July, seasonally adjusted, lower than the 147,000 increase in June. The US unemployment rate is expected to rise from 4.1% to 4.2% in July.
If the non-farm payrolls figure falls below 100,000 and the unemployment rate rises, it could signal a weakening job market, undermining the Fed's rekindled hawkish outlook and dampening the dollar's upward momentum. In this scenario, gold prices could re-cross the 3,400 mark. However, if the non-farm payrolls unexpectedly exceed 150,000, it could support the dollar's continued rise and hurt gold. Strong US employment data could rule out two rate cuts from the Fed this year.
Market Analysis:
Quaid believes that the current moving average crossover is trending downward, and downward momentum is still in play. The RSI remains at 42.7, hovering below the midline, indicating that gold's downward trend remains intact. The 20-day moving average fell below the 50-day moving average on Wednesday, confirming the bearish momentum.
Therefore, if gold closes below the key support level of the 100-day moving average at $3,270 on a weekly basis, a new downtrend could begin, potentially leading to a drop towards the June 30 low of $3,248.
Quaid believes that the current bull-bear watershed needs to focus on around 3315, which is the previous intensive trading area and is also the first resistance position for short-term upward movement.
On the last trading day of Super Data Week, Quaid hopes that everyone has gained something and has a happy weekend; I wish you all good luck.
Gold consolidates near key support – What's next for?1. Market Overview
On the 15-minute chart, XAUUSD is trading around 3,290–3,292 USD, hovering just above a critical intraday support zone at 3,287–3,289 USD (highlighted in blue). This area has repeatedly provided a bounce in recent sessions, indicating persistent buying interest.
The current price action reflects sideways movement within a narrow range (3,287–3,296 USD), and notably, declining volatility, as shown by reduced candle range and trading volume.
2. Technical Breakdown
EMA: Price is moving around the EMA20 and EMA50, reflecting indecision and lack of directional momentum.
RSI (inferred): Likely hovering near the neutral 50–55 zone, confirming a balanced market.
Trendline: A descending series of lower highs from the 3,312 peak suggests bearish pressure, though buyers still defend key support.
Fibonacci: The 3,287 USD zone aligns with the 61.8% Fibonacci retracement level, reinforcing its strength as a bounce area.
3. Key Levels to Watch
3,287–3,289: Support - Repeated reactions here – key demand zone
3,296: Immediate resistance - Needs breakout to confirm bullish move
3,302: Next resistance - Breakout target – short-term top
3,275: Deeper support - Retest level if support breaks
4. Trading Strategy Scenarios
🔹 Scenario 1 – Long setup at support
Entry: 3,287–3,289 (wait for bullish reaction like pin bar or engulfing)
Stop Loss: Below 3,284
TP1: 3,296 | TP2: 3,302
🔹 Scenario 2 – Short setup on breakdown
Entry: Below 3,284 (after clear bearish candle close)
Stop Loss: 3,288
TP1: 3,275 | TP2: 3,268
5. Conclusion
Gold is in a tug-of-war at a sensitive support zone. Whether bulls defend or bears break below will set the tone for the rest of the session. Focus on price reaction around 3,287 to determine direction – avoid blind predictions.
Make sure to follow for more live strategies as the New York session unfolds – and save this post if you find it helpful!
What’s your view on this support zone? Let’s discuss below!
Gold non-farm payrolls are bullish, long and short positions ana
Rather than envying the fish by the river, it's better to retreat and weave your net. We often envy the wealth others can earn by investing in the gold market. We often watch them enthusiastically investing, but we ourselves are afraid to enter the market. The two major factors that drive the market, technology and news, are a topic of constant debate among investors. To navigate the market, one must master the art of attack and defense to remain rock-solid while remaining at the forefront. As the saying goes, trust me, and I will reward you with profits!
Gold Data is Bullish!
The positive non-farm payroll data sent gold soaring, with gains completely erasing all of the week's losses. Currently, gold's trend has reversed the stagnant bullish and bearish trend. After breaking through the 3300 mark and rising all the way to 3348, it shows no signs of stopping. A further test of the 3370 level is not out of the question!
Due to the strong bullish data, if you don't immediately chase longs or place a breakout long order during the first wave, you'll likely have little chance of a pullback. Therefore, you should remain aggressive in your trading strategies. We recommend a pullback to the 3332-30 level to continue the bullish trend. Upward pressure is expected at 3372-75! The market fluctuates violently, and more real-time entry and exit points are mainly based on Yulia's real-time guidance!
How to accurately grasp the gold trading opportunitiesGold was greatly affected by the positive non-farm payroll data, and it rose strongly, with the increase completely covering all the losses this week. The current gold trend has completely reversed the previous bull-short balance. After breaking through the 3300 level and rising to around 3355, it maintains strong upward momentum, and the possibility of further testing the 3360-3375 area cannot be ruled out. Due to the strong positive data, if everyone fails to chase the long position or set a breakout long position in time in the first wave of the market, the subsequent pullback opportunities may be relatively limited, so it is necessary to maintain an active strategy in operation. It is recommended to continue to be bullish when it retreats to the 3335-3320 area, and the upper target is the 3360-3375 pressure range.
How to seize the key turning points in the gold market?The market is ever-changing, and following the trend is the best strategy. When the trend emerges, jump in; don't buy against it, or you'll suffer. Remember not to act on impulse when trading. The market is a haven for all kinds of resistance, so don't hold onto positions. I'm sure many people have experienced this: the more you hold onto positions, the more panic you become, leading to ever-increasing losses, poor sleep, and missed opportunities. If you share these concerns, why not try following Tian Haoyang's lead and see if it can open your eyes? I'm always here for you if you need help, but how can I help you if you don't even offer a hand?
Gold did not fall below 3280 during the day on Friday and started to fluctuate in the range of 3280-3300. The non-farm payroll data was bullish, and it directly broke through the pressure of 3315, and then broke through the important pressure of 3335 again. As of now, it has reached a high near 3355. The non-farm payroll data market has almost been exhausted. Next, we will focus on the technical form adjustment. At present, you can consider light shorting in the area near 3355-3370. After all, chasing long is risky, and the technical side needs to be adjusted. If your current operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with me.
Based on the 4-hour chart, short-term resistance is near 3355-3365, with a focus on the key resistance level of 3370-3375. Short-term buy orders should be taken if a rebound continues. I'll provide detailed trading strategies at the bottom of the page, so stay tuned.
Gold operation strategy: Short gold in batches when gold rebounds to 3355-3370, with the target being the area around 3340-3335. Continue to hold if it breaks through.
Bearish pennant pattern active. Active SELL✏️Gold price is forming a triangle accumulation pattern. That shows the hesitation of investors at the moment, they may be waiting for important economic indicators of the US this week. Just an impact that makes Price break out of the triangle border can create a strong FOMO trend. The price line is quite similar to the bearish pennant pattern and heading towards really strong support areas.
📉 Key Levels
SELL Trigger: Break bottom line 3324
Target 3285, lower is the 3250 area
BUY Trigger: Break and trading above 3333
BUY Trigger: Rejection and confirmation of candle at 3285
Leave your comments on the idea. I am happy to read your views.
Gold is significantly bullish, where can we short?The positive non-farm payroll report pushed the market from 3300 directly above 3330, demonstrating overall bullish momentum. Congratulations again, everyone. Real-time strategies are like a beacon guiding your investment journey. The market will never disappoint those who persevere and explore wisely. Charlie advises against blindly chasing highs. Trading advice (first hit is valid): Focus on key support levels: 3300 and 3310. Go long if these levels are reached.
~For those who want to go short above 3350-55, only use a stop-loss and feel free to try~ PEPPERSTONE:XAUUSD FXOPEN:XAUUSD ACTIVTRADES:GOLD FXOPEN:XAUUSD CMCMARKETS:GOLD VANTAGE:XAUUSD VELOCITY:GOLD
Is the uptrend complete? Will there be a pullback?On the last trading day of this week, gold prices soared, rising nearly $56, driven by the non-farm payroll data. The rally began at 3300 and peaked near 3356. The price has now retreated slightly, fluctuating around 3345.
The current uptrend has repeatedly tested the resistance level near 3355 but has failed to break through. The RSI indicator hovered around 76.8, indicating a gradual flattening of the upward trend. The 3355 high is likely the end of this uptrend.
As this is the last day of a major data week, Quaid believes the current uptrend is complete. Consider a light short position around 3350-3355. The current low has yet to be confirmed, and the pullback is likely to end around 3335.
However, we cannot rule out the possibility that the price will remain within the upward channel with slight fluctuations on the last trading day of the week.
NFP data is positive, the bullish trend remains unchanged#XAUUSD
The current market, influenced by data such as NFP, remains bullish, even briefly pushing towards the 4H upper limit of 3350, reaching a high near 3354.📈
In the short term, gold still has upward momentum and could even reach the previous high resistance level near 3375.🐂
Currently, gold is undergoing a technical correction and needs to begin a pullback to accumulate more bullish momentum, giving traders who previously missed the opportunity to get on board.🚀
As resistance continues to rise, support below will also rise. 📊If gold retreats below 3335-3315, consider going long.📈
🚀 SELL 3335-3315
🚀 TP 3350-3375
Gold rebound is weak, short below 3315
Gold remains weak, with multiple intraday rebounds failing to maintain momentum. The upper moving average continues to suppress the market, and the short-term market remains dominated by bears. Today, we are following the trend and taking a bearish stance. The key upside level is around 3315. If it reaches this level before the US market opens or if it peaks in the short term, we will short sell. The non-farm payroll data will be released today, and we will consider reversing our direction based on the situation after the data.
Gold prices have once again encountered resistance to their upward trend, and the volatile pattern continues. The gold price trend is trending lower highs, and today's low is expected to be lower than yesterday's. Therefore, our intraday short target could be 3268 or even lower, so it's crucial to seize the right entry point.
If you're new to the market, come to me. I'll teach you how to trade while you learn. If you're already in the market and struggling, come to me. I'll help you avoid repeating the same mistakes. If you've already experienced this market and are battered, come to me. I'm confident I can help you regain confidence. If you're stuck in a position, I'll develop a strategy tailored to your entry point. Because everyone's trapped positions are different, the solutions will vary, some suitable for conservative traders and others for aggressive ones. However, I can't offer a perfect answer to every situation. I suggest you bring your order with you. Once you contact me, I'll use the most appropriate method to resolve your situation and help you exit the market.
Specific Strategy
Short gold at 3315, stop loss at 3325, target at 3280
Analysis of gold market operation strategies and ideas next week
Gold rallied unilaterally on Friday following positive non-farm payroll data, reaching a new high for the week. This week's candlestick formed a hammer pattern, suggesting further upside potential next week. Bulls continued their push late Friday, closing at 3363. Next week, we will continue to monitor short-term resistance around 3370-3375. We will continue to buy on pullbacks. If your current trading is not satisfactory, I hope I can help you avoid investment setbacks. Welcome to discuss your options!
Based on a 4-hour analysis, short-term resistance will be seen around 3370-3375 next week, with a key resistance around 3395-3400. We will continue to buy on pullbacks. In the intermediate range, we recommend maintaining a cautious wait-and-see approach. I will provide detailed trading strategies during the trading session, so please stay tuned.
Gold Trading Strategy:
Go long on gold pullbacks to 3330-335, with a stop-loss at 3318 and a target at 3370-3375. Hold on if it breaks above this level.
XAU/USD 01 August 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
You will note that price has targeted weak internal high on three separate occasions which has now formed a triple top, this is a bearish reversal pattern and proving this zone is a strong supply level. This is in-line with HTF bearish pullback phase.
Remainder of analysis and bias remains the same as analysis dated 23 April 2025.
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
H4 Timeframe - Price has failed to target weak internal high, therefore, it would not be unrealistic if price printed a bearish iBOS.
The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price.
As per my analysis dated 22 May 2025 whereby I mentioned price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe despite internal structure being bearish.
Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback.
Intraday Expectation:
Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,451.375.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
XAUUSD Long Setup – 1HGold (XAUUSD) has shown strong bullish rejection from the lower volatility band after a sharp selloff. The appearance of a Heikin Ashi reversal candle, suggests a short-term reversal is forming. Price has reclaimed key structure and is now targeting a reversion back to the mean, supported by Fibonacci retracement levels.
Entry: 3293.55
Target Zone: 3308.91 → 3333.76 (Fib 38.2% – 100%)
Stop Loss: 3253.35
Confluences:
✅ Bullish engulfing + Heikin Ashi trend shift
✅ Oversold bounce from lower channel extremity
✅ Fib retracement aligns with key structural resistance zones
✅ Custom signal confirmation (green dot)
✅ Clean R:R toward upper band and previous POI
Short-term counter-trend long targeting liquidity grab and mean reversion toward the 3308–3333 zone. Risk tightly managed with SL below local swing low.
XAUUSD Intraday Technical Analysis – Bullish Breakout SetupGold (XAUUSD) is showing signs of bullish recovery after a sharp sell-off, with current price action around 3305.86 USD hinting at a potential breakout on the 1-hour timeframe.
- Technical Overview
Price structure: After a steep decline, gold formed a base near the 3284–3299 zone and is now climbing back, with a potential inverse head-and-shoulders formation taking shape.
EMA cluster: Price is approaching the confluence of the EMA 50, EMA 100, and EMA 200, currently acting as dynamic resistance around 3309–3323. A break above these levels may confirm bullish strength.
Fibonacci retracement: The bounce appears from the 0.874 extension, indicating the end of the previous bearish leg.
Volume analysis: Increasing bullish volume supports the idea of a potential breakout.
- Key Levels to Watch
Zone Type
Price Level (USD)
Remarks
Immediate Resistance: 3,309 – 3,323 - Major test zone; overlaps with EMA 50/100
Major Resistance : 3,337 – 3,340 - Previous high; if broken confirms bullish continuation
Support Zone: 3,299 – 3,302 - Intraday support turned demand zone
Critical Support: 3,284 – 3,285 - Recent swing low; invalidates bullish view if broken
- Intraday Strategy Suggestion
Scenario 1 – Bullish Breakout
Entry: Buy on breakout and retest of 3,309–3,323
SL: Below 3,299
TP1: 3,337
TP2: 3,355
- Confirmation by strong bullish candle closing above EMA cluster and above resistance zone.
Scenario 2 – Buy on Pullback
Entry: Buy limit at 3,300–3,302
SL: Below 3,284
TP1: 3,323
TP2: 3,337
- Look for RSI divergence or bullish engulfing candle at support for higher conviction.
- Final Note
The bulls are attempting to reclaim momentum after a major correction. If gold can sustain above the 3,309 resistance and hold the 3,300 base, a short-term bullish reversal could materialize.
How to correctly grasp the gold trading opportunities?Yesterday, gold prices saw a technical rally amidst volatile trading, followed by a downward trend under pressure. Bulls strongly supported a rebound at 3280 in the Asian session. The European session saw an accelerated upward move, breaking through 3314 before retreating under pressure. We also precisely positioned short positions below 3315, achieving a perfect target of 3290-3295. During the US session, the market again faced pressure at 3311, weakening in a volatile trend before breaking through 3300. The daily chart ultimately closed with a medium-sized bullish candlestick pattern, followed by a pullback and then a decline.
Overall, after yesterday's rebound, gold prices remain under pressure at the key resistance level of 3314. The short-term bearish weakness line has moved down to this level. If pressure continues in this area in the short term, gold will maintain a weak and volatile structure, with intraday trading remaining focused on rebounds and upward moves. If you are currently experiencing confusion or unsatisfactory trading strategies, please feel free to discuss your options and help avoid investment pitfalls.
From a 4-hour analysis perspective, focus on resistance at 3305-3315 on the upside. A rebound to this level is a good opportunity to short against resistance. Focus on support at 3280-3270 on the downside. Unless the price stabilizes strongly, consider not entering long positions below this level. The overall strategy remains to short on rebounds, with the same rhythm. I will provide timely notifications of specific levels from the bottom, so keep an eye on them.
Gold Trading Strategy: Short on rebounds near 3305-3315, with targets at 3290-3280-3270.
GOLD REMAINS UNDER PRESSURE AFTER U.S. INFLATION DATA📊 Market Overview:
Gold is trading around $3294, down from $3311 earlier after U.S. Core PCE and Employment Cost Index came in as expected — reinforcing the Fed's hawkish stance. A stronger dollar and rising Treasury yields continue to weigh on gold.
📉 Technical Analysis:
• Key resistance: $3302 – $3305
• Nearest support: $3285 – $3275
• EMA09 (H1): Price is below the 9-period EMA → short-term trend remains bearish
• Candlestick / volume / momentum: After the sharp drop, price is consolidating between $3293–$3298 with low volume. Failure to break above $3302 may trigger further downside. RSI near 45 suggests room for more selling.
📌 Outlook:
Gold may continue to decline in the short term if it fails to reclaim $3302 and the dollar remains strong through the Asian and European sessions.
💡 Suggested Trade Setup:
🔻 SELL XAU/USD: $3296 – $3298
🎯 TP: $3280 / $3275
❌ SL: $3305
🔺 BUY XAU/USD: $3275 – $3278 (if reversal candle appears)
🎯 TP: $3295
❌ SL: $3270
Non-farm payrolls are coming. Will it trigger the market?On Thursday, the US dollar index briefly rallied after the Federal Reserve's favorite inflation indicator unexpectedly rebounded, crossing the 100 mark for the first time in two months. This marked the sixth consecutive trading day of gains and the first monthly gain since 2025.
Spot gold rebounded as risk aversion lingered amid uncertainty surrounding Trump's tariff deadline, reaching a high of around $3,315, but its intraday gains narrowed after the release of the PCE data.
The dollar has already firmly established itself above the 100 mark on the daily chart, so the next target is likely to be between 101.5 and 102.0. Currently, support levels on the daily chart are visible at 99.5 and 99.0.
The gold market is currently consolidating in the 3315-3275 range. However, if the dollar rises again, Quaid believes gold prices could fall below 3275.
On the daily chart, if it falls below 3275, the price would likely be around 3250. If 3250 falls below, the market could test 3200. However, the possibility of a consolidation between 3315 and 3275 remains undisputed.
Before the release of the non-farm payroll data, scalping within this consolidation range is advisable. However, the risk is relatively high, so please take profits in time.
Gold price analysis July 31XAUUSD – Bearish pressure still prevails, watch for SELL in the direction of the trend
Yesterday's session witnessed a strong decline when the D1 candle closed with selling pressure up to 60 prices, forming a key candle that shapes the trend. When the market forms a main candle, the 25% and 50% candle body areas are often important price areas to continue trading in the direction of the main trend.
In the current context, the priority strategy will be to sell in the direction of the downtrend when the price rebounds to the resistance areas and there is a rejection signal.
🔹 Important resistance areas:
3301 – 3312 – 3333
🔸 Target support areas:
3285 – 3270 – 3250
🎯 Trading strategy:
Prioritize SELLing at the resistance area of 3301–3312 when there is a price reaction (rejection).
Target: 3250
BUY only considered when 3313 area is broken decisively.
Staying disciplined and sticking to the reaction price zone will be key in the context of the market moving in a clear trend.
Non-farm payrolls are coming. What's the gold trend?Gold fell sharply on Wednesday, but Thursday's market didn't continue the downward trend as some investors expected. Instead, it showed a trend of rising and then falling.
From the daily perspective, we first need to focus on the resistance level near 3300 where the 5-day moving average is located. This position is not only a short-term technical resistance, but also reflects the market's psychological expectations to a certain extent. If prices can successfully break through this level and stabilize above it, it will indicate that bullish momentum is strengthening, potentially boosting market sentiment. At this point, the next resistance area to watch is the 3330-3340 range. This area converges the 10-day, 20-day and 30-day moving averages, forming a strong resistance band.
As for the support below, the primary focus is Wednesday's low of 3268. However, if this level is lost and the price continues to fall, the next support area will be around 3245, which is the previous low.
Trading strategy:
Short around 3300, stop loss at 3310, profit range 3280-3260.
Follow master candle for today's SELL strategy✏️ OANDA:XAUUSD has continued a strong downtrend. Yesterday's D1 candle closed with a 60-price decrease, forming a master candle that determines the market trend. With the market having a master candle, pay attention to the 25% or 50% candle zones to trade in the direction of the trend. Today's main trading strategy will be to SELL according to the master candle. The BUY strategy will only be implemented when the 3313 zone is broken.
📉 Key Levels
Support: 3285-3270-3250
Resistance: 3301-3312-3333
SELL Trigger. Rejection 3301, 3312
Target 3250
Leave your comments on the idea. I am happy to read your views.
XAUUSD: BUYThere are some good trading opportunities in the market. That's when to buy. Gold prices haven't fallen further since falling back to 3390. There's no further negative news. Therefore, there won't be a significant short-term decline. Our focus will be on tomorrow's non-farm payroll data update. This is a crucial factor that can cause gold prices to rise or fall significantly in the short term.
I'll update you with real-time buy and sell opportunities. This is based on research from the Swing Trading Center. It's highly authoritative. Don't miss out! Remember to stay tuned.
XAUUSD: BUY 3292-3282 TP 3320. SL 3265
Gold May Rise Technically after Testing the $3,300 Zone📊 Market Overview:
Spot gold is trading around $3,295–$3,301/oz, influenced by slightly lower U.S. Treasury yields and a softer dollar tone. Analyst consensus from Reuters projects gold likely to stay above $3,220/oz through 2025 and possibly hit $3,400 in 2026 amid continued safe-haven demand
📉 Technical Analysis:
• Key resistance: $3,320 / $3,345
• Closest support: $3,274 – $3,280
• EMA09: Price is currently below the 9 period EMA on H1, indicating a short-term bearish bias.
• Candlestick / volume / momentum: There was a minor bounce from the support zone around $3,274, but volume remains low. RSI isn't oversold, suggesting room for technical pullback.
📌 Outlook:
Gold may experience a technical rebound if it holds above $3,280. A breakout above $3,320 would likely require clear catalyst—such as weak U.S. data or a dovish Fed tone.
💡 Suggested Trading Strategy:
SELL XAU/USD: $3,320 – $3,323
🎯 TP: 40/80/200 pips
❌ SL: $3,326
BUY XAU/USD: $3,279 – $3,282
🎯 TP: 40/80/200 pips
❌ SL: $3376