Still a chance for gold bulls?
💡Message Strategy
The gold market was volatile this week, and gold prices ultimately closed lower for the week.
Gold prices have failed to stabilize above $3,400 an ounce after a bullish breakout. The technical outlook highlights the recent indecision of gold bulls. Looking ahead to next week, the Fed's policy statement and US-China trade talks could trigger the next big move for gold.
These important factors may trigger the market next week
1. The Fed will announce its monetary policy decision after its policy meeting on July 29-30.
Before the Fed meeting, the U.S. Bureau of Economic Analysis will release its first estimate of annualized growth in gross domestic product (GDP) in the second quarter.
2. Next Friday, the U.S. Bureau of Labor Statistics will release the July employment report.
If the non-farm payrolls (NFP) increase by more than 100,000, it may indicate that the labor market is in good enough condition for the Fed to prioritize controlling inflation and support the dollar when making policies.
If the new non-farm payrolls data reaches or falls below 70,000, the dollar may find it difficult to find demand before the end of next week and help gold gain bullish momentum.
3. Market participants will be closely watching the headlines of the US-China negotiations.
If the two sides make further progress in trade and economic relations, risk flows may dominate the actions of financial markets, making it difficult for gold to find demand.
📊Technical aspects
The short-term technical outlook highlights the hesitation among gold buyers. The daily chart shows that the relative strength index (RSI) remains just below 50, and gold is struggling to move away from both the 20-day simple moving average (SMA) and the 50-day SMA after breaking above both levels earlier this week.
If the price of gold falls to the key support level of $3,310 and fails to break down (trend line support/Fibonacci 61.8% retracement level), it will force a large number of shorts to exit the market and may further test the $3,340 range (psychological level/Fibonacci 76.4% retracement level).
Combined with the current trend, the downward momentum of gold has weakened, and it is seeking support to restart the long position
💰Strategy Package
Long Position:3310-3320,SL:3290,Target: 3340
GOLD trade ideas
GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,336.48
Target Level: 3,254.95
Stop Loss: 3,390.83
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GOLD: Bullish Reversal Pattern Activated! 21/07/2025THE GOLDEN SETUP: Triple Bottom Masterpiece :
🟢 BULLISH BREAKOUT SETUP
🎯 BUY ZONE: $3,324 (Neckline Break)
🚀 TP1: $3,377
🚀 TP2: $3,393
🚀 LAST TP : $3,408
Stop Loss: $3,312 (Below recent low) 🚨
🌟 Before You Trade:
✅Wait for neckline break ($3,325+)🔥
✅Confirm with volume surge
✅Set stop loss below pattern ($3,312)
✅Calculate position size (max 2% risk)
--------------- N O T E ----------------
🚨 RISK MANAGEMENT 💡DYOR
Follow for more high-probability setups! 📊✨
GOLD Drops $60 – Bearish Bias Holds Below 3365GOLD | OVERVIEW
As expected, gold continued its bearish momentum, dropping from the 3430 level and delivering a move of approximately $60.
For today, the bearish bias remains valid as long as the price stays below 3365, with potential targets at 3337 and 3320.
However, if the price reverses and stabilizes above 3365, it could signal a shift to bullish momentum.
Key Levels:
Support: 3355 · 3337 · 3320
Resistance: 3374 · 3388
Smart Money Concepts (SMC)Positive aspects of the analysis:
1. Clear structural change (BOS and CHoCH):
A breakout of the previous bearish structure (Break of Structure) and a change in character (CHoCH) are evident, indicating an intention to change the trend.
2. Fake Out Identified:
The "fake out" toward the resistance zone is typical of liquidity traps designed to catch buyers before the actual decline. This provides institutional confluence for the short.
3. 15M block order + resistance zone:
Entry from a 15-minute OB, within a broader resistance zone. This strengthens the entry points, as there is a high probability of a bearish reaction there.
4. Mitigation of the previous 1H FVG:
The market has already mitigated the 1H Fair Value Gap, which generally indicates that the price no longer needs to rise further to balance this inefficiency.
5. Target in a logical zone (3,317):
Take profit placed just before a lower support zone. This is prudent, as many traders seek to close partial positions or exits before major support.
Gold Next Move Possible Hello Traders, Today I’m back with another idea.
As you know gold has changed the trend from bullish to the bearish.
The gold has fallen from the area 3438 to 3351. Now the current price is 3358.
I’m looking for the sell zone, In my view gold will drop till 3310.
I’m monitoring the sell zone 3364-3371, when the market touches the zone, I will add sell and my target will be 3310. Keep in bear my first target is 3351, second target is 3337 and the last target is 3310.
In the case if price breaks the 3377 area then we will have to wait until confirmation for another setup.
Stay Tune for every update.
Kindly share your ideas and leave positive comments. Thanks Everybody.
GOLD: Strong Growth Ahead! Long!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,321.22 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 3,329.97.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Gold Analysis and Trading Strategy | July 29✅ Fundamental Analysis
🔹 U.S. Dollar Index Surges Strongly: On Monday, the U.S. Dollar Index jumped over 1%, closing at 98.6, marking a new short-term high. This rally was primarily driven by the U.S.-EU trade agreement, which reduced tariffs to 15%, easing concerns of a trade war escalation. As a result, risk assets gained appeal, while gold's safe-haven demand was suppressed.
🔹 U.S.-China Talks Resume with Limited Expectations: The U.S. and China resumed trade negotiations in Stockholm, aiming to extend the 90-day tariff truce. However, the U.S. side made it clear that "no major breakthroughs are expected," leaving room for uncertainty, which provides some support for gold.
🔹 Geopolitical Risks Remain Elevated: President Trump has set a 10–12 day deadline regarding the Russia-Ukraine issue, warning of stronger measures if no progress is made. Meanwhile, tensions in the Middle East continue. Any escalation in conflicts could trigger renewed safe-haven buying in gold.
✅ Technical Analysis
🔸 Gold closed lower again on Monday, marking the fourth consecutive daily loss. The price rebounded to the 3345 level during the day but encountered strong resistance. During the European session, gold broke down swiftly, reaching a low of around 3301, showing a typical one-sided sell-off with strong bearish momentum.
🔸 On the 4-hour chart, gold broke below the key support level at 3320 and continued trading below the MA system. If the price fails to reclaim the 3330–3340 zone, the outlook remains bearish. However, if the European or U.S. session can push the price firmly above 3330, a potential bottom formation could be underway.
🔴 Resistance Levels: 3330 / 3345–3350
🟢 Support Levels: 3300 / 3285–3280
✅ Trading Strategy Reference:
🔻 Short Position Strategy:
🔰Consider entering short positions in batches if gold rebounds to the 3340-3345 area. Target: 3320-3310;If support breaks, the move may extend to 3300.
🔺 Long Position Strategy:
🔰Consider entering long positions in batches if gold pulls back to the 3300-3305 area. Target: 3325-3335;If resistance breaks, the move may extend to 3345.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions. If you have any questions or need one-on-one guidance, feel free to contact me🤝
Elliott Wave Analysis – XAUUSD – July 28, 2025📊
________________________________________
🔍 Momentum Analysis:
• D1 Timeframe: Momentum has entered the oversold zone. This strongly suggests a potential bullish reversal today, which could lead to a rally or sideways movement lasting around 4–5 days.
• H4 Timeframe: Momentum is reversing upward. This indicates a likely bullish or sideways move in the short term, at least until momentum reaches the overbought zone (estimated within the next 2 H4 candles).
• H1 Timeframe: Momentum is currently overbought, so we may first see a pullback or sideways movement until a clearer reversal signal appears.
________________________________________
🌀 Wave Structure Analysis:
• On the H4 chart, as noted in previous plans, the assumption that price is forming a contracting triangle (abcde) is still valid. Price is currently in the final leg (wave e) of this triangle.
• On the H1 chart, we can observe a channel structure, within which an abc corrective pattern is unfolding.
• The lower boundary of the triangle (marked by the green trendline) combined with support zones will be critical areas to monitor for the end of wave e.
🔺 Note: Wave e does not necessarily end precisely at the triangle boundary – it can slightly overshoot. Hence, we’ll rely on smaller wave structures to identify potential reversal zones.
________________________________________
🎯 Key Price Zones to Watch:
• Target 1: 3329
• Target 2: 3309
• Target 3: 3290
________________________________________
🔎 Lower Timeframe Structure (M10):
From the current price action (as shown in the chart), we can see a leading diagonal triangle structure forming. This is a pattern commonly seen in wave 1. If this pattern is confirmed, a sharp and steep decline toward the 3329 zone is likely.
________________________________________
⚖️ Combining Momentum & Wave Structure:
• D1: Signals a potential reversal → favors Buy setups.
• H4: Momentum is rising, but price hasn’t confirmed a new bullish trend → need to stay alert and tighten Stop Loss.
• H1: Overbought + possible leading diagonal → Expecting a pullback for wave 2 toward 3329 → this would be the optimal Buy zone.
________________________________________
🧭 Trade Plan:
• For experienced traders:
→ Wait for price to reach key levels and watch for reversal signals before entering.
• For beginners:
→ Use the following Limit Buy setup:
✅ Setup 1:
• Buy zone: 3330 – 3328
• Stop Loss: 3320
• TP1: 3351
• TP2: 3370
• TP3: 3385
✅ Setup 2:
• Buy zone: 3310 – 3308
• Stop Loss: 3300
• TP1: 3328
• TP2: 3351
• TP3: 3370
Downward Pressure Resumes After Channel BreakdownXAUUSD OANDA:XAUUSD – Downward Pressure Resumes After Channel Breakdown: Key Levels and Strategy for Today
As of the July 29 session, gold (XAUUSD) remains under short-term bearish pressure, having broken below the descending price channel on the 1H timeframe. The market structure confirms a dominant bearish trend as price continues to trade below the EMAs cluster.
1. Price Action and Market Behavior
XAUUSD is forming a clear sequence of lower highs and lower lows, confirming a short-term downtrend.
Price is currently hovering around $3,316 after breaking below the lower boundary of the channel, signaling potential continuation of the sell-off.
2. Key Resistance and Support Levels
Immediate resistance: 3,337 – 3,346 USD (aligned with EMA20, EMA50 and prior channel resistance).
Major resistance: 3,378 – 3,385 USD (confluence of Fibo and former high).
Near-term support: 3,300 USD (psychological level).
Major support: 3,248 USD (projected target based on measured move from channel height).
3. Technical Indicators
EMA20 and EMA50 are both below EMA200, forming a classic “death cross” – a strong bearish signal.
Volume increased on the breakdown, reinforcing the strength of bearish momentum.
RSI remains below 50, indicating weak bullish retracements and room for further downside.
4. Trading Strategy
Primary Strategy: Sell on Rally
Ideal entry zone: 3,331 – 3,346 USD.
Stop Loss: Above 3,353 USD (above key resistance zone).
TP1: 3,300 USD.
TP2: 3,248 USD (extended target based on breakout structure).
Alternative Strategy: Countertrend Long
Only consider buy setups if strong reversal candles and bullish RSI divergence appear near 3,248 USD.
XAUUSD continues to face downside risk after the channel breakdown. Unless bulls reclaim the 3,337 – 3,346 zone, price is more likely to drift lower toward 3,300 and potentially 3,248. Traders should remain patient and wait for clean setups around these key zones.
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Daily gold analysisDaily gold analysis
A long position with the target and stop loss as shown in the chart
The trend is up, we may see more upside
All the best, I hope for your participation in the analysis, and for any inquiries, please send in the comments.
He gave a signal from the strongest areas of entry, special recommendations, with a success rate of 95%, for any inquiry or request for analysis, contact me
GOLD MARKET ANALYSIS AND COMMENTARY - [Jul 28 - Aug 01]This week, OANDA:XAUUSD prices had a positive start, rising sharply from 3,345 USD/oz to 3,439 USD/oz because investors were concerned about the risk of financial market instability when US President Donald Trump continuously pressured the FED Chairman to reduce interest rates, and there were even rumors of the Fed chairman resigning.
However, the upward momentum in gold prices was not maintained when the US continuously reached trade agreements with partners such as Japan, Indonesia, Philippines..., cooling down the trade war. This caused gold prices to drop sharply for three consecutive trading sessions, at one point the gold price dropped to 3,325 USD/oz and closed at 3,336 USD/oz.
Trade war worries are starting to subside. Therefore, we continue to witness a shift of investment capital flows from gold to risky assets such as stocks..
Notably, this week is the fourth time gold prices broke the $3,400 threshold but did not stay above this level.
Next week, in addition to the FED meeting, the market will also receive information about US non-agricultural employment (NFP) data. If this index falls stronger than expected, it will further strengthen expectations that the FED will continue to keep interest rates at the current level in upcoming meetings, causing gold prices to drop even more sharply next week.
📌In terms of technical analysis, the three crows pattern (3 long red candles) appeared on the D1 chart, showing that sellers were still in control throughout the past 3 trading sessions without much buying power. This technical pattern often suggests that gold prices may be shifting from their recent upward trajectory into a more prolonged period of decline. This technical signal also quite coincides with the context of many fundamental factors, such as geopolitical conflicts, trade wars, low physical gold demand in the summer... no longer strongly supporting gold prices as before. However, according to many experts, if the gold price drops sharply, it will be a good opportunity to buy, because the gold price is forecast to still increase strongly in the long term.
On the H4 chart, gold price may continue to adjust down below the 3,285 USD/oz mark, before recovering again. Meanwhile, the 3,450 USD/oz area is still a strong resistance level for gold prices next week.
Notable technical levels are listed below.
Support: 3,310 – 3,300 – 3,292USD
Resistance: 3,350 – 3,371 – 3,400 – 3,430USD
SELL XAUUSD PRICE 3383 - 3381⚡️
↠↠ Stop Loss 3387
BUY XAUUSD PRICE 3316 - 3318⚡️
↠↠ Stop Loss 3312
Gold Trade Plan 24/07/2025Dear Traders,
The price is currently near the demand zone in the range of 3358-3362. If the price holds above the support line, it could rise towards the 3388-3390 zone and then enter a correction again. However, if the 3362-3358 zone is broken, I expect a drop towards around 3350, followed by a potential rise towards the 3400 zone.
regards,
Alireza!
Gold: This Week's Analysis & StrategyThis week, the fluctuations have clearly moderated📉. Focus on a strategy of buying at lows and selling at highs as much as possible📈. Currently, the resistance around 3350 is prominent🚧, and 3300 acts as support below🛡️. If the decline continues, it may reach around 3285👇
We successfully took short positions last week 📉, and this week I recommend going long at lower levels 📈. Over the long term, gold remains in a bull market 🐂, but it will not repeat the frenzy seen in April; instead, it will maintain a steady upward pace ⬆️.
Market expectations for Fed rate cuts have been volatile so far this year 📊. At the start of the year, as Trump-related developments unfolded, market optimism faded 😐. Meanwhile, the de-dollarization trend fueled growing expectations of Fed rate cuts 💹. By early April, Trump’s reciprocal tariff measures—far more aggressive than expected—roiled global financial markets 🌍, triggering a surge in concerns about a U.S. recession ⚠️. Markets thus anticipated that the Fed would cut rates quickly to shore up the economy, with expectations for rate cuts within the year once exceeding 100 basis points 📉. However, shortly after, Trump announced a 90-day extension of the reciprocal tariffs, easing market pessimism 😌 and driving a strong rebound in U.S. stocks 📈. At this point, markets began worrying that his tariff policies could spark an inflation rebound 🔥, leading to a steady decline in rate cut expectations—currently, expectations for rate cuts this year have dropped to fewer than two 🔄.
Risk Warning ⚠️
Event Sensitivity: Outcomes of China-U.S. trade talks 🤝, the Fed’s statements , and nonfarm payroll data 📊 may trigger one-sided volatility. Positions should be adjusted promptly to avoid risks 🛡️
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Buy@ 3300 -3310
🚀 TP 3320 - 3330 - 3340
🚀 Sell@ 3350 -3340
🚀 TP 3330 - 3320 - 3310
Daily updates bring you precise trading signals 📊 When you hit a snag in trading, these signals stand as your trustworthy compass 🧭 Don’t hesitate to take a look—sincerely hoping they’ll be a huge help to you 🌟 👇
XAUUSD – Technical rebound, but downside risks remainOn the H4 chart, gold is bouncing slightly from the 3,323 support zone after a sharp drop. However, price remains within a large descending channel and is approaching a dense cluster of bearish FVGs around 3,360–3,374.
News context:
– US GDP and ADP data beat expectations, boosting the USD and adding pressure on gold.
– JOLTS dipped but remains above 7 million → limited support for gold.
– Thailand–Cambodia conflict provides only short-term impact.
Strategy: Favor SELL if price retests 3,360–3,374 and gets rejected. Downside targets: 3,323 or lower.
Main trend remains bearish, unless gold breaks above the descending channel.
GOLD could test 3375 before falling furtherGOLD could test 3375 before falling further
In our previous analysis, we were looking for gold to fall from the top and, as we can see, it has already reached 3341 from the 3430 area.
From the top down, the price depreciated by 2.85% in less than 3 days, so a possible correction is expected near the area of the structure coming from the left side around 3375.
Given that gold is only moving down, it may be possible for the downward movement to continue slowly. Both scenarios are possible at this point.
You may find more details in the chart!
Thank you and Good Luck!
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