DeGRAM | GOLD broke the rising channel📊 Technical Analysis
● XAU printed a false break above the 3 400 wedge roof, then sliced back through the rising mid-channel, closing under the wedge base at 3 309 - a classic bull-trap that flips that band into resistance.
● Momentum has rolled over, and the break of July’s micro up-trend opens room to the broad triangle floor/May trend-pivot near 3 246; successive lower-highs since 24 Jul confirm bearish control.
💡 Fundamental Analysis
● Hot US Q2-GDP and sticky core-PCE lifted 2-yr yields to one-month highs, reviving the dollar bid, while cautious ECB guidance tempers euro gold demand.
✨ Summary
Sell 3 309-3 335; hold below 3 309 targets 3 246 ▶ 3 200. Invalidate on an H4 close above 3 366.
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Commodities
USOIL BEST PLACE TO SELL FROM|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 66.83
Target Level: 65.56
Stop Loss: 67.67
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 6h
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XAUUSD under pressure – Is the downtrend just beginning?Hello everyone! What do you think about XAUUSD right now?
Yesterday, XAUUSD extended its decline and is currently trading around 3,315 USD.
The recent drop in gold prices was mainly triggered by a stronger US dollar, following a trade agreement between the US and the European Union (EU).
From a technical perspective, the short-term outlook shows the beginning of a new downtrend. Notably, we see a bearish crossover in the EMA 34 and 89, along with a break of the previous upward trendline—both reinforcing the current bearish momentum.
If there’s a pullback before the next leg down, the 0.5–0.618 Fibonacci retracement zone (which also aligns with resistance and the EMAs) will be a key area to watch. This could be an ideal level for potential trade setups.
Looking ahead, the next support target is around 3,300 USD. If that level breaks, gold might aim for the 32XX region.
Do you think XAUUSD will continue to fall? Drop your thoughts in the comments!
Wishing you successful and profitable trades!
XAUUSD: Demand Rejection or Breakdown? All Eyes on 3,300 ZoneChart Analysis Breakdown (30m TF – Gold/USD)
1. Market Structure Overview
Bearish Trend Dominance:
The price has shifted into a bearish structure after a Break of Structure (BOS) to the downside, indicating bearish control after failing to sustain higher highs.
Lower Highs & Lower Lows:
A consistent formation of LHs and LLs confirms bearish momentum.
2. Key Zones & Reactions
🟩 Demand Zone (~3,300–3,310):
Current price is reacting from a clearly defined demand zone.
Strong buying wick indicates interest and potential short-term bounce.
This zone has historical significance — previous reversal point.
🟥 Supply Zone (~3,420–3,445):
Price reversed sharply from here.
This is a key liquidity zone; expect heavy resistance if price retraces.
🔵 BOS Areas Marked:
Confirmed transitions in structure:
Bullish BOS followed by a bearish BOS — great illustration of shift in control.
🟨 Consolidation Blocks:
Highlighted ranging periods show distribution/accumulation phases before breakouts.
3. Trendlines & Channel Patterns
📉 Descending Trendline:
Acts as dynamic resistance.
If price retraces to this level (around 3,330–3,340), expect potential rejection unless broken cleanly.
📈 Previous Bullish Channel (Broken):
Price moved out of a bullish ascending channel, confirming bearish intent.
4. Ichimoku Cloud Context
Price is below the Kumo cloud, suggesting bearish bias remains intact.
Future cloud is bearish.
However, short-term pullback into cloud possible (especially if demand zone holds).
📊 Forecast & Trade Idea
Scenario 1: Bullish Rejection from Demand
Price may bounce towards 3,340 (previous S/R + trendline retest).
Watch for reaction at this level.
Scenario 2: Clean Break of Demand Zone
Opens path toward deeper downside (e.g., 3,280 or even lower).
Could trigger liquidity grab before reversal.
USOIL LONG FROM SUPPORT
USOIL SIGNAL
Trade Direction: long
Entry Level: 65.00
Target Level: 66.37
Stop Loss: 64.09
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GOLD → Retest of trend support. Consolidation...GOLD is consolidating below the previously broken trend support. On Sunday, Trump announced a trade deal with the EU, which is putting pressure on the market along with the rising dollar...
Gold rebounded from support at $3310 after a week-long low, interrupting a three-day decline amid profit-taking. However, the overall downtrend remains intact as markets brace for a busy week with the release of US GDP data and the Fed's decision. Optimism surrounding US-China trade talks and the US-EU framework agreement is reducing demand for safe-haven assets. Additional pressure on gold is coming from easing geopolitical tensions: Thailand and Cambodia have agreed to ceasefire talks. The metal's recovery may be short-lived.
Technically, we have global and local bullish trends, against which gold is testing support, but as we can see, buyers are trying to hold back the decline due to uncertainty over interest rates. There is a chance that we will see active action by the Fed, behind which lies a rate cut, this week...
Resistance levels: 3345, 3375
Support levels: 3320, 3287
At the moment, I do not see a proper reaction to the support breakout. The price is consolidating after confirming the key trigger at 3345. Thus, if the price starts to return to 3345, test and consolidate above the level, we will have a chance for growth. I do not rule out a liquidity grab from 3325 (false breakout) before the rise.
BUT! The structure will be broken if the price breaks 3325 - 3320 and begins to consolidate below this zone. In this case, gold may fall to 3287
Best regards, R. Linda!
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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Crude oil-----sell near 67.50, target 65.00-64.00Crude oil market analysis:
The idea of crude oil today is still bearish. Xiaoyang predicts that it will rebound first and then continue to fall. Consider selling near 67.50 if it rebounds. Crude oil is basically weak if it does not stand above 70.00. Crude oil is a repair market after a big drop. In theory, it will continue to fall after the repair. In addition, pay attention to crude oil inventory data later.
Operation suggestions:
Crude oil-----sell near 67.50, target 65.00-64.00
XAUUSD (GOLD) - SCALPING IDEA🧠 Clean Price Action Outlook – Patience Until the Range Breaks
Currently, price is consolidating between 3319.97 (resistance) and 3302.27 (support) a well defined short-term range that’s been respected multiple times. Both levels are holding firmly, with wicks and reactions showing that buyers and sellers are actively defending these zones.
Right now, I'm not interested in trading inside this chop zone there's too much noise and no clear directional conviction. My focus is on waiting for price to break cleanly out of the range with confirmation.
📈 Bullish Scenario (Buy Plan):
If price breaks and closes above 3319.97 on the 30-minute timeframe, that would be the first sign of bullish strength. Ideally, I want to see:
A strong bullish candle close above 3319.97
Follow-through in the next candle (not a fakeout or wick trap)
Volume pickup or price holding above the level during retest
📍 If this happens, I’ll look to enter long trades on confirmation, with a potential target around 3325.81, which is the next minor resistance.
SL would ideally be placed just below the breakout candle or the breakout zone itself depending on the price structure at the time.
📉 Bearish Scenario (Sell Plan):
On the flip side, if price breaks down below 3302.27 and closes below it on the 30-minute chart, that opens the door for shorts.
Here’s what I want to see:
A full candle body close below the level (not just a wick spike)
Possibly a retest + rejection of 3302.27 from below
Weak price action around the level confirming sellers are in control
If that plays out, I’ll consider short entries with an SL above the structure (around 3304+), and a first target around 3296.00, where there’s minor demand.
⚠️ Until Then – No Trade Zone
Until we get a confirmed breakout, I’m staying out. No point guessing which side will win the market will show us.
GBPUSD BUY TIGER SETUP LOOOOOOOOOOOONGwelcome
we have strong mitigation order block on time frame weekly and daily
and on 4H we have break downtrend and retest on it
and we in well discount area
and we have demand on high time frame
so this is good idea for buying
Don't forget to follow me
so that get refresh analysis
7.29 Gold 1-hour bottom signal appearsIn the short term, we see the daily line as the range of 3301-3345, and the current price is showing a volatile rebound, so we have to buy on dips. Then 3306-08 is the long point, but the price has risen in the morning, so the long position should be around 3310-12 in advance. If it falls below 3301 during the day, it will continue to test the 3292-3282 line downward. Similarly, if it breaks above 3345 during the day, it will continue to test 3372 upward and show a rebound trend in the next few days.
WTI(20250729)Today's AnalysisMarket news:
After gold prices soared to an all-time high of more than $3,500 an ounce in April, the latest report from the Commodity Futures Trading Commission (CFTC) showed that fund managers have increased their bullish bets to the highest level in 16 weeks.
Technical analysis:
Today's buy and sell boundaries:
66.09
Support and resistance levels:
68.13
67.37
66.87
65.30
64.80
64.04
Trading strategy:
If the price breaks through 66.87, consider buying, the first target price is 67.37
If the price breaks through 66.09, consider selling, the first target price is 65.30
Bullish Sentiment Returns to Gold?Hello everyone, what are your thoughts on XAUUSD?
From a technical perspective, XAUUSD has just retested its long-term ascending trendline and formed a bullish reaction candle, suggesting that buying pressure may be returning.
Recently, a survey of 206 investors revealed that market sentiment remains optimistic, with 66% expecting gold prices to continue rising, 19% predicting a decline, and 15% anticipating a sideways market.
What do you think? Share your opinion in the comments!
Gold Under Pressure – Temporary Pullback or Start of a DowntrendHello everyone, great to see you again.
Today, let’s focus on the bearish factors surrounding gold. At the time of writing, gold is trading around 3,331 USD, down 50 pips on the day, continuing its downward correction since the end of last week.
Within just a few days, gold has plunged from its peak of 3,433 USD—losing nearly 100 USD per ounce.
This sharp drop is largely driven by profit-taking and market anticipation ahead of key economic data next week, including U.S. interest rate decisions, inflation, and job reports.
This week is packed with critical updates: growth figures, inflation stats, employment numbers, and monetary policy decisions from major central banks—all of which could significantly impact gold’s next move.
According to a recent survey, 36% of analysts expect gold to fall further, while retail investors remain optimistic about a rebound.
For now, the market is clearly in a correction phase. Caution is advised.
What do you think—will gold bounce back or continue to drop?
Falling towards pullback support?The Silver (XAG/USD) is falling towards the pivot, which is a pullback support and could rise to the 1st resistance.
Pivot: 37.29
1st Support: 36.25
1st Resistance: 39.07
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish drop for the Gold?The price is reacting off the pivot and could drop to the 1st support, which is a swing low support that aligns with the 127.2% Fibonacci extension.
Pivot: 3,319.63
1st Support: 3,271.54
1st Resistance: 3,345.37
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
CRUDE OIL Bullish Continuation! Buy!
Hello,Traders!
CRUDE OIL made a rebound
From the support just as
I predicted and the price
Went further still and broke
The key horizontal level
Of 66.50$ and the breakout
Is confirmed so we are
Bullish biased and we will be
Expecting a further bullish
Move up!
Buy!
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GOLD Epic Trendline Breakout! Sell!
Hello,Traders!
GOLD was trading along
A long-term trend-line but
It is broken now and the
Breakout is confirmed so
We are bearish biased now
And we will be expecting a
Further bearish move down
Sell!
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