Gold is bullish and bearish. Will it continue?From the daily chart:
The moving average is bullish, and the MA5-day, 10-day, and 30-day moving average supports move up. The 3380 dollar has turned from resistance to strong support. If this position is maintained, the upward channel will continue. The support position is 3380-3375, which is the top and bottom conversion position, and is also near the middle track of the Bollinger Band.
From the four-hour chart, the MACD red column shrinks and the RSI is near 60, and the bulls are still dominant. If the price falls back to the 3375-3380 area and stabilizes, it is expected to attack the 3400 mark again.
Operation strategy:
Long operation:
Steady type: When the gold price falls back to the 3375-3380 area, long orders are arranged in batches, with a stop loss of 3365 and a profit range of 3400-3410.
Aggressive: If the price breaks through 3400 quickly and falls back to around 3395, you can chase long with a light position, stop loss at 3388, and the profit range is 3420 strong resistance area.
Short operation:
Resistance area test short: 3408-3415 area, light position short order, stop loss at 3422, profit range 3390-3380.
Break short: If it falls below the 3375 support and the rebound is weak, follow up with short short, profit range 3360, stop loss 3385.
Goldprediction
The real target of gold is more than 3400
💡Message Strategy
The United States has recently made frequent moves in global tariff policies. Treasury Secretary Bensont has clearly set August 1 as a hard deadline for tariff negotiations among countries. At present, EU trade negotiations have been decoupled from the issue of sanctions against Russia and Ukraine, while Japan's negotiations are progressing smoothly.
These dynamics reflect that the United States is reshaping the global trade pattern through differentiated strategies, and countries are forced to adjust their economic and trade policies under the pressure of tariffs. As the deadline approaches, gold is facing a test of long and short positions.
The White House's pressure on the Federal Reserve is still fermenting. The US Treasury Secretary said that the Federal Reserve should cut interest rates now, but at the same time said that there is no sign that Powell should resign now. If he wants to leave early, he should do so. Powell gave a public speech yesterday, but to the disappointment of the market, he did not mention monetary policy and the possibility of resignation. However, Trump's pressure on the Federal Reserve has taken effect, and the market has turned its attention to interest rate cuts.
📊Technical aspects
Yesterday, Tuesday, we believed that the trade negotiations between Europe and the United States were on the verge of breaking down, which led to a rise in risk aversion in the market, boosted gold safe-haven buying, and supported the price of gold to a one-month high.
Therefore, we suggest that you take a bullish approach in terms of operation. Pay attention to the support below at $3,380, and pay attention to the breakthrough of $3,402 above. As expected, it broke through to $3,440, reaching our expected profit target.
From the 4H trend structure, gold has been climbing rapidly along the upward channel recently. It broke through yesterday and took the 3400 mark in one fell swoop, reaching our expected target of 3440. At present, gold is blocked and falls back on the channel boundary support.
At the same time, the 1-hour RSI broke through the upward trend line support and tested the resistance again, releasing a callback signal in the short term. It is necessary to pay attention to the possibility of short-term adjustments. Today, we can focus on the key resistance around 3415 and try long opportunities.
💰Strategy Package
Long Position:3410-3420,SL:3390,Target: 3440,3460
Gold breaks new high, expect a pullback in the evening#XAUUSD
After the rapid rise of the previous day, the gold market has fallen into an overbought state, but yesterday's increase of nearly $60 still provided solid support for the bulls. It is expected that the market will show repeated fluctuations in the future⚖️.
In terms of operation, it is recommended to pay close attention to the gains and losses of the 3,400 mark. If it is successfully broken through, it is expected to further test the 3,420-3,425 and 3,450 lines; on the downside, pay attention to the top and bottom conversion support of 3,403📈.
📊At present, you can consider shorting near 3430, defending 3440, and aiming at 3410💡
🚀SELL 3430-3440
🚀TP 3415-3405
XAU/USD) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of Gold (XAU/USD) on the 1-hour timeframe. Here's a breakdown of the key trading
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Technical Overview
Price: $3,428.71 (currently near the upper consolidation)
EMA 200: Around $3,367.38 (well below price, indicating strong uptrend)
Target Point: $3,468.52
Indicators:
RSI (14): 60.19–62.55 → shows moderate bullish momentum, not yet overbought.
---
Key Technical Elements
1. Bullish Breakout Structure:
Price has broken out of a previous range, and is forming a bullish flag or rectangle, which typically leads to continuation higher.
Measured move projection from previous leg (approx. $51.57 gain) targets the $3,468.52 level.
2. Strong Support Zones:
Two yellow zones highlighted:
Upper support level (around $3,415): acting as immediate structure support.
Lower key support (around $3,380): crucial structure level from where the trend initiated.
3. Trend Line Support:
A clearly marked ascending trend line supporting higher lows—indicating bulls are in control.
Expect price to stay above this trend line to maintain bullish bias.
4. Volume & RSI Confirmation:
RSI remains in a bullish zone but isn’t overbought → leaves room for upside.
Volume remains steady, confirming healthy consolidation.
Mr SMC Trading point
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Conclusion & Trade Idea
Bias: Bullish
Entry Zone: On breakout or retest of minor support ($3,415–$3,420)
Stop Loss: Below trendline or below $3,415
Target: $3,468.52
Confirmation: Hold above trendline + RSI staying above 50
This is a classic bullish continuation setup supported by structure, RSI, and trend momentum. Traders could look for buying opportunities on minor dips or trendline retests.
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XAU/USD) breakout analysis Read The captionSMC Trading point update
Technical analysis of (XAU/USD) on the 4-hour timeframe, highlighting a move toward the $3,450 target. Here's the full technical breakdown
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Technical Analysis – Gold (4H)
1. Breakout from Resistance Zone
Price has broken above a key horizontal resistance level (now turned support, marked in yellow).
The breakout is confirmed by a strong bullish candle with momentum, suggesting buyers are in control.
2. Ascending Triangle Formation
Price formed an ascending triangle, a classic bullish continuation pattern.
The breakout above the upper boundary confirms the pattern, projecting a potential measured move.
3. Trendline Support & Higher Lows
The structure shows a rising trendline (black), where price bounced multiple times — confirming a higher low sequence.
The confluence of trendline support + breakout level adds strength to the bullish case.
4. 200 EMA Confluence
The 200-period EMA (3,332.13) has been acting as a dynamic support throughout.
Price retested it earlier in the move, then surged upward — validating trend continuation.
5. RSI Indicator
RSI is at 71.13, entering overbought territory.
This implies strong bullish momentum, but a short-term pullback to retest the breakout level is possible.
6. Target Projection
Target Point: $3,450.90, calculated from the height of the triangle (~61 pts or 1.80%) added above the breakout zone.
A retest of the breakout area (yellow zone) around $3,370–$3,380 could offer a better entry before continuation.
Mr SMC Trading point
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Summary
Bias: Bullish
Current Price: $3,397.62
Support: $3,370–$3,380 zone (previous resistance turned support)
Trend: Higher lows + breakout above resistance
EMA Support: 200 EMA at $3,332.13
Target: $3,450.90
RSI: 71.13 – bullish but near overbought
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GOLD - single supporting area, further bounce??#GOLD - market perfectly moveed as per our video analysis and above our cut n reverse area as well.
Now market have single supporting area, tha tia around 3423-24
Keep close it and if market hold it then upside further bounce expected.
Good luck
Trade wisely
3400 has been reached, wait patiently for a pullback to go longGold opened on Monday with a volatile rise. After breaking through the 3360-65 area, the bulls turned strong. After breaking through the 3375~80 area in the evening, the bulls accelerated their rise, reaching the highest point of 3402. It fluctuated sideways in the late trading, and the daily line closed at around 3397 with a big positive line! Gold temporarily broke the small range oscillation pattern, but the bulls were not strong, and it still fluctuated upward.
From the perspective of the intraday cycle, after yesterday's rapid rise, the market fell into a serious overbought state; however, yesterday's $60 big positive line supported the bulls, and it is expected that the market will fluctuate; the next focus is still the 3400 mark area. The pressure in the 3400~05 area was dense last night, and adjustments may be made at any time before the breakthrough; and since the rise of 3282, it has just touched the upper edge of the parallel channel. The big sweep will continue, but the range is constantly changing!
So although gold broke the recent volatility yesterday and hit the 3400 mark with a big positive line; however, if it cannot stand above it, then it will continue to fall; recently we have repeatedly and many times emphasized the importance of the 3400 mark. If it stands here, the market will gradually rise to 3420~25 and break through to the 3450 area before looking for a decline.
Today we will continue to focus on the 3400 mark area. First, we will rush to the high altitude, with the goal of retracement to the 3375 and 3356 regional support platforms, and then pay attention to long opportunities; if the bulls stand above the 3400 mark, they will further bullishly impact 3420~25 and break through the 3450 area before falling back.
OANDA:XAUUSD
Gold bulls are on the offensive. Can they continue to chase?On Tuesday, as trade tensions and the conflict between the White House and the Federal Reserve continued, the US dollar index continued to fall, and continued to fall in the early US trading, once hitting a low of 97.28. Gold also continued to rise, once standing above the $3,430 mark, setting a new high in more than a month. From the current point of view of gold, this week has stood firm at two levels, 3,350 and 3,400. Next, it depends on whether it can continue to stand firm at the 3,450 level.
From the current hourly chart, Monday's high is around 3,400, and yesterday's low of the US market retracement on Tuesday was around 3,405. So theoretically, 3,400-3,405 has become a support position. And from the hourly chart range, the bottom trend line support is also about 3,400-3,405. Therefore, it is not ruled out that it will oscillate and retrace like yesterday, and then rise and stretch again.
Secondly, from the daily chart:
After gold stabilized at 3400, the current daily range has become 3400-3450. As we can see above, there have been three times of falling back after touching 3450. If it breaks and stabilizes above 3450 this time, the historical high of 3500 will most likely be refreshed. On the contrary, if it still cannot break through 3500 this time, the possibility of further pullback cannot be ruled out. For the next operation, I suggest paying attention to 3400-3405.
If it can retreat and stabilize at 3400-3405 during the European session, you can continue to enter the market and go long to around 3450. On the contrary, if it falls below 3400 today, then don't go long, as there may be a possibility of further retreat in the future.
Gold Faces Key Fibonacci Resistance Is the Bullish Momentum FadiTrend Structure: Gold remains in a short-term bullish structure, with a clear series of higher highs and higher lows. However, price action shows signs of hesitation near a critical Fibonacci extension zone.
Key Resistance Zone:
$3,428 – $3,438: This area aligns with the 0.618 Fibonacci extension at 3,428.59 and the 0.0 level at 3,438.56, forming a confluence resistance zone that has started to trigger selling pressure.
Immediate Support Levels:
$3,422.62: The 1.0 Fibonacci extension, serving as the first support on a minor pullback.
$3,408 – $3,410: A potential bounce zone combining short-term trendline support and prior consolidation structure.
Fibonacci & Price Waves: The recent bullish leg from $3,330 to $3,438 has completed a 3.618 extension (noted at $3,330.91 on the purple projection). This increases the probability of a corrective retracement.
EMA & RSI (suggested for confirmation): EMA20 (not shown) should act as a dynamic support. Watch RSI for potential overbought signals or bearish divergence if it crosses above 70.
Trade Setups to Watch: Scenario 1 – Short Setup at Fibonacci Resistance Entry: $3,428 – $3,432, only if price action confirms rejection (e.g., bearish engulfing, pin bar)
Stop Loss: Above $3,438
Take Profit 1: $3,422
Take Profit 2: $3,410 (if trendline breaks)
Scenario 2 – Buy Setup on Pullback Entry: Around $3,408 – $3,410 upon bullish price action confirmation
Stop Loss: Below $3,400
Target: $3,428
Final Thoughts: Gold is approaching a strong resistance zone, and short-term pullback is likely unless bulls break through $3,438 with momentum. Traders should stay patient and wait for confirmation signals before entering. Remember: discipline beats impulse.
Follow for more updated strategies during the US session. Save this idea if you find it helpful! Let’s discuss your view in the comments below.
XAUUSD: Fluctuation of $30/ounce. Do you want to know?Yesterday, I frantically notified followers to buy around 3366-3375, and the market finally rose to 3430. This is a huge profit. I will continue to update it in the Band Trading Center Research Institute later. If you don’t want to miss it, follow me. If you see it but are still not sure how to trade. Then you can leave me a message at the Swing Trading Center Research Institute. I will reply to you one by one when I see it.
This week, some followers have achieved weekly profits of 50%-268%. If your profit is not ideal. Or don’t know how to trade. Remember to like and follow. I will lead everyone to victory.
Buy around 3400-3410. When will it close? I will post the results on the Swing Trading Center. Stay tuned.
Gold is strong. Can it continue?On Tuesday, the overall gold price showed an upward trend. The highest price rose to 3433.32 on the day, and the lowest price fell to 3383.21, closing at 3431.46. On Tuesday, gold prices fluctuated during the early trading session and then corrected downward. During the European session, the price fluctuated mainly and fell weakly. It rose before the US session and hit the high point of the week again in the US session, and finally ended with a big positive line.
From the four-hour level, the technical adjustment needs, but the speculation of risk aversion suppressed this demand. There is a contradiction between the fundamentals and the technical aspects, and it is necessary to wait for the market sentiment to stabilize before clarifying the direction.
In the early Asian session, it hit a high of 3438 and then fell back. It is necessary to pay attention to the possibility of reaching the top. The support position is 3400-3405. If it falls to 3400, it may continue to adjust to around 3385. The probability of closing the negative line today is relatively high. If the price stabilizes above 3400, it is likely to maintain high fluctuations.
Today's market is complicated. Although the bullish trend has not changed, it is not advisable to be overly bullish. The operation is mainly shorting on rebounds, supplemented by long positions on pullbacks. The upper pressure position focuses on 3440-3450.
Operation strategy:
Short near 3440-3450, stop loss 3460, profit range 3420-3410.
Long near 3390, stop loss 3380, profit range 3420-3430.
Gold Spot (XAU/USD) Chart analysis Gold Spot (XAU/USD) Chart analysis
**Chart Overview**
* **Current Price:** \~\$3,423.68
* **Recent Trend:** Bullish (Strong upward movement before recent consolidation)
* **Timeframe:** 1-hour chart
* **Indicators Used:**
* EMA 7 (Blue)
* EMA 21 (Purple)
* Bollinger Bands (Red/Green lines)
* Volume bars at bottom
**Bullish Momentum Signals**
1. **Strong Uptrend**:
* Price surged rapidly above \$3,400, breaking multiple resistance levels.
* Higher highs and higher lows confirm bullish structure.
2. **EMA Crossover**:
* The shorter-term EMA (7) is above the longer-term EMA (21), signaling a bullish bias.
* Price is currently near the EMAs, suggesting a possible retest of dynamic support.
3. **Bollinger Bands**:
* The price touched the **upper band**, indicating strong momentum.
* Bands are widening — a sign of increased volatility and continuation potential.
**Support and Resistance Zones**
* **Resistance Zone**: \~\$3,430–\$3,435
* Price was rejected here multiple times, indicating strong selling pressure.
* A breakout above this could send price toward the next level at \~\$3,450.
* **Support Zone**:
* Minor: \~\$3,417–\$3,418 (aligned with EMAs and lower Bollinger Band)
* Major: \~\$3,400 zone (previous breakout area and volume support)
**Bullish Setup**
* The **green arrow** suggests a bullish breakout is anticipated above \$3,430.
* If price holds above \$3,417 (EMA + BB support), the bulls could push it to **\$3,445–\$3,450** short-term.
**Risk**
* A break below \$3,417 and especially below \$3,400 could invalidate the bullish scenario and invite a correction.
* Watch for volume confirmation on any breakout to confirm strength.
**Conclusion**
Gold is in a **consolidation phase** after a strong rally. If support around \$3,417–\$3,418 holds, a breakout above \$3,430 could trigger a move to **\$3,445–\$3,450**. However, a break below EMAs would shift momentum back to neutral or bearish.
After reaching FULL TP. Relax and wait for strong support zone✏️Continuing yesterday's bullish wave structure, Gold has reached the Target level of 3400. In the European session, there is a possibility of a correction to some important support zones. And the US session will continue to aim for a level higher than 3400. Today's strategy is still quite similar to yesterday's strategy when waiting for the areas where buyers confirm to enter the market to FOMO according to the main trend.
📉 Key Levels
Support: 3375 - 3363
Resistance: 3400-3427
Buy Trigger: Rejects the support zone 3375 and reacts to the upside
Buy Trigger: Rebound from 3363
BUY DCA: Break and trading above 3400
Target 3427
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Price channel break. Will the downtrend take place?✏️USDCAD broke the price channel and started forming a bearish wave. The resistance zone of 1.370 played an important role in starting the bearish wave. 1.365 is the immediate support zone that the pair faces. If it wants to extend the decline, it needs to close the h1 candle below this price zone. The convergence between the trendline and the resistance of the Asian session will be a reliable support point for a downtrend to take place.
📉 Key Levels
Support: 1.365-1.356
Resistance: 1.370
SELL Trigger: Rejects bellow 1.370
SELL DCA Trigger: Break support 1.365
Target 1.356
BUY Trigger: Break and trading above resistance 1.370
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Gold stabilizes. Sets a new high?Gold continues to rise, with uncertainty in trade negotiations and the outcome of the Federal Reserve meeting being key variables. If no agreement is reached before August 1, the high tariffs imposed by the United States on major trading partners may trigger greater risk aversion demand, pushing gold prices further up; if the negotiations make a breakthrough, the market risk appetite will rebound, and gold prices may face correction pressure.
Gold has shown a strong upward trend recently. It closed with a small positive on Friday last week and closed with positive for two consecutive trading days this week, forming a three-day positive trend, with strong short-term momentum. In terms of indicators, the moving average diverges upward, with obvious bullish trend characteristics, and the support below needs to focus on the moving average performance. At present, the gold price has broken through the trend line formed by connecting the previous high points. The primary focus on the upside is near the previous high of 3452, which is an important short-term resistance level. The upper focus is on the previous high of 3452, which is an important short-term resistance level.
The first support below is the 3390-3385 area, which is close to yesterday's low and is also an early trading intensive area. The second support focuses on the vicinity of 3360.
In terms of operation, it is still mainly low-long, and short selling is not considered before the upward trend reaches 3450.
Operation strategy:
Short around 3450, stop loss 3460, profit range 3430-3310
Long around 3400, stop loss 3390, profit range 3420-3430
XAU/USD outlook: Bullish momentum building after breakoutGold saw a powerful rally yesterday, surging from $3,350 to nearly $3,400 — an impressive $50 move, equivalent to 500 pips.
From a macroeconomic perspective, this recent uptrend in gold is driven by a combination of supportive factors. First, the U.S. dollar has shown clear signs of weakness following dovish signals from several Federal Reserve officials, who hinted at potential rate cuts if the U.S. economy begins to slow. In addition, geopolitical risks such as renewed U.S.–China trade tensions, instability in the Middle East, and slowing growth in China are all pushing investors toward safe-haven assets like gold. Another key driver is the ongoing accumulation of gold by central banks worldwide — particularly China and Turkey — highlighting gold’s growing appeal as a strategic reserve asset. Together, these factors have built a strong foundation for gold’s upward momentum, explaining why prices remain above yesterday’s opening level, despite the current short-term pullback.
From a technical and short-term outlook, gold (XAU/USD) continues to show a bullish setup supported by both price structure and market sentiment. On the H2 timeframe, gold remains in a clear uptrend, with a series of higher highs and higher lows. After breaking through a strong resistance zone around $3,374 (aligned with the 0.5 Fibonacci level), price surged to a peak of $3,403 before entering a healthy retracement phase.
Currently, the $3,367–$3,374 zone is acting as newly-formed support — a key confluence area that aligns with:
A former resistance now flipped into support,
The 0.5–0.618 Fibonacci retracement cluster,
And a bullishly aligned short-term EMA structure.
In the short term, as long as this support zone holds, the bullish outlook remains valid. A successful retest of this area could reignite buying pressure, with the next target set around $3,423 — in line with the projected extension of the previous bullish leg.
However, if buyers fail to defend this zone, the bullish setup could be invalidated or lose momentum. This area warrants close monitoring of price action and volume behavior to confirm the next directional move.
XAUUSD Technical Analysis – Resistance Turned Support, 📈 XAUUSD Technical Analysis – Resistance Turned Support, Bullish Continuation Expected
Gold (XAUUSD) has shown strong bullish momentum after breaking above the key resistance zone around $3,400, which now appears to be acting as a new support level. This structure shift signals a classic break-and-retest scenario, commonly observed in bullish continuations.
🔍 Key Observations:
Structure Shift: Previous resistance near $3,400 has been broken with strong bullish candles, suggesting buyer dominance. This level is now expected to serve as support.
Bullish Momentum: The move from the $3,320 support zone to above $3,430 was accompanied by clear trend formation and clean market structure, indicating sustained momentum.
Retest in Progress: Price is currently pulling back toward the new support zone ($3,400). If this area holds, a bullish reaction is expected.
Next Target: If support at $3,400 holds as expected, price could rally back toward the next resistance and projected target of $3,460.
📚 Educational Insight:
This setup illustrates the principle of resistance becoming support (RBS)—a foundational concept in technical analysis. After a breakout, a successful retest of former resistance often provides a high-probability entry point for trend continuation trades.
Gold at a Crossroad: Long or Short? Key Levels in FocusThere are three chart of Gold .
Gold1! is forming a Rising Wedge pattern, with resistance positioned between 103500-104000 levels.
Gold1! is facing Pivot Point resistance around the 103500 level, indicating potential supply pressure.
Gold1! is approaching the parallel channel resistance, and the upside move is nearly complete in percentage terms, with resistance around 103800-104000.
if this level sustain then we may see first of all higher prices then again fall in gold1!
Thank You !!
Bulls are still the main theme, 3400 is not the high point📰 News information:
1. Fed Chairman Powell delivers a welcome speech at a regulatory conference
2. The tariff deadline is approaching
📈 Technical Analysis:
Today's opening high reached around 3402, and did not effectively break through the upper resistance of 3405-3415. As I said yesterday, a decline and return to the moving average is an inevitable result. The tariff issue is still there, with the deadline on August 1, and the daily MACD indicator still shows a golden cross. The general direction of short-term bullishness has not changed, but from a technical point of view, gold still has room to fall to correct the overbought part.
Below the day, we first focus on the top and bottom conversion position of 3377-3375. As time goes by, the 4H middle track will probably resonate with the 50% position of the Fibonacci line at 3355, which is also a good long position I expect. Therefore, if the price falls back to 3380-3375 for the first time during the day, you can consider going long. If the price continues to fall, pay attention to the second opportunity to go long at 3355, with the target at 3390-3410.
🎯 Trading Points:
BUY 3380-3375
TP 3390-3410
BUY 3360-3350
TP 3370-3380
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
TVC:GOLD PEPPERSTONE:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD FXOPEN:XAUUSD
Gold is under pressure. Can it break through?Since the "W bottom" pattern was formed at the low of 3344 US dollars, the gold price broke through the neckline of 3380 and further stabilized at 3400 today, confirming the continuation of the medium-term upward trend. The moving average system is arranged in a bullish pattern, with the 5-day, 10-day and 20-day moving averages diverging upward in turn, and the support strength is stable.
The MACD indicator golden cross continues to expand, the upward momentum is enhanced, and no divergence occurs; the RSI indicator rises to around 76. Although it enters the overbought range, there is no obvious turn, indicating that the bullish momentum is still being released.
The current support level has risen to around 3390, and the support level has risen sharply. The resistance position needs to pay attention to 3430-3440. At present, several times have tested above 3430, but they have not stabilized above this position.
Operation suggestions:
3390-3400 light position to try more, stop loss 3360, profit range 3435-3445.
If it encounters resistance and falls back near 3435, you can consider short-term short orders with stop loss at 3445 and profit range at 3400-3380.
Although the upward momentum continues, some risk information still needs to be paid attention to; this week, we need to pay attention to the US June existing home sales data (July 23), the preliminary value of the second quarter GDP (July 25) and the core PCE price index (July 26). If the data is stronger than expected, it may trigger expectations of interest rate cuts.