Gold Spot Price (USD) - 4-Hour Chart (OANDA)4-hour performance of the Gold Spot price against the U.S. Dollar (OANDA). The current price is $3,223.660, reflecting a 1.3% decrease. Key levels include a resistance zone around $3,360.405 and a support zone near $3,294.070, with recent price action showing a potential breakout or reversal within these ranges.
Xauusdshort
Gold: Bull-Bear Swings & Today's Trade Tips + AnalysisAnalysis of Gold News Drivers:
During the U.S. session on Wednesday (July 16th), spot gold surged sharply and is currently trading around 3,370 🚀. Trump stated that tariff letters will soon be sent to small countries, with rates likely slightly above 10%, providing safe-haven support for gold prices 🛡️.
Gold prices fell 0.5% on Tuesday, closing at 3,324.68, barely holding above the 55-day moving average of 3,222 📉. Earlier, the U.S. June CPI increase hit its highest level since January, pushing the U.S. dollar index to a nearly three-week high, while U.S. Treasury yields also climbed to a six-week peak, pressuring gold prices ⚖️. The dollar index has risen for four consecutive trading days, hitting a high of 98.70 on Tuesday, the highest since June 23rd 🆙. A stronger dollar makes dollar-denominated gold more expensive for investors holding other currencies, thereby weighing on gold prices 💸.
However, the market largely interprets the dollar's recent rally as a technical adjustment rather than a reversal of the long-term trend 🔄. Despite short-term pullbacks in gold prices, market sentiment has not fully turned pessimistic 😐. While gold is currently in a consolidation range since mid-May, uncertainties surrounding tariff policies may offer support 🔀. Overall, the long-term outlook for gold remains optimistic, with sustained market focus on tariff issues expected to drive a rebound in gold prices in the future 📈
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
GOLD BUYGold defends 50-day SMA ahead of US PPI inflation data
Gold price attempts a tepid bounce early Wednesday as focus shifts to trade updates and US PPI data. The US Dollar retreats alongside Treasury bond yields even as risk-off flows persist. Gold price needs to crack the 50-day SMA support at $3,323; daily RSI reclaims midline.
As observed on the daily chart, Gold price is stuck between two key barriers, with the 21-day Simple Moving Average (SMA) support-turned-resistance at $3,335 checking the upside.
On the other hand, the 50-day SMA at $3,323 cushions the downside.
The 14-day Relative Strength Index (RSI) is sitting just above the midline, currently near 50.50, suggesting that buyers could retain control.
Acceptance above the 21-day SMA is critical to sustaining the renewed upside, above which the 23.6% Fibonacci Retracement (Fibo) level of the April record rally at $3377 will be put to the test once again.
Further north, the $3,400 round level will challenge bearish commitments.
In contrast, rejection at the 21-day SMA could attack the 50-day SMA support.
Sellers must find a strong foothold below the 50-day SMA on daily closing basis.
The next healthy support levels are located at the 38.2% Fibo level of the same rally at $3,297 and the July low of $3,283.
TP 1 3,349
TP 2 3,371
TP 3 3,390
RESISTANCE 3,317
Fake news stirs up the market, market trend analysis📰 News information:
1. Beige Book of Federal Reserve's economic situation
2. European and American tariff trade negotiations
📈 Technical Analysis:
Today, our overall trading can be said to have accurately grasped the trading points, and both long and short positions have earned us good profits.The gold market surged due to Trump's intention to fire Powell. Trump then denied the plan, which dissipated the risk aversion in the gold market and the overall rhythm fell back to a volatile pattern. The current market price of gold closed with a long upper shadow line, indicating that there is a certain need for adjustment in the market. Although the news stimulus has pushed it up to 3377, we need to be vigilant against the risk of a decline after a high rise. Pay attention to today's closing. If it closes below 3345, the bearish trend may continue in the future.
OANDA:XAUUSD PEPPERSTONE:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD FXOPEN:XAUUSD
7/17: Key Support for Gold Bulls at 3343–3337During the Asian session today, gold rose as expected into the 3337–3343 resistance zone. After failing to break through, the price retraced during the European and U.S. sessions, reaching the 3323–3313 support area. A sharp rally followed due to unexpected news, pushing the price into the 3372–3378 resistance zone. Overall, the intraday bullish strategy performed well, yielding solid profits.
After this sharp volatility, price movement has stabilized somewhat. The MA60 support on the daily chart remains intact.
For tomorrow’s trading, key levels to watch are:
🔽 Support: 3343–3337, with secondary support at 3328–3323
🔼 Resistance: 3372–3378
On the 2-hour chart, bullish momentum appears likely to continue as long as price holds above the support zone.
Additionally, upcoming economic data releases and any further developments on the report regarding Trump potentially firing Powell could have a significant impact on market sentiment—these factors should be closely monitored.
In summary, tomorrow’s initial trading focus can remain within the 3337–3358 range, with strategies adjusted as market conditions evolve.
Falling correction, shorting in European session📰 News information:
1. Beige Book of Federal Reserve's economic situation
2. European and American tariff trade negotiations
📈 Technical Analysis:
Currently, gold continues to consolidate around 3340, and the daily MACD indicator is stuck to the zero axis. Two consecutive days of negative bars also indicate that the overall trend of gold is weak and volatile. The hourly Bollinger Bands are closing, with the upper band located near 3352. The corresponding positions of the upper pressure middle band and SMA60 are basically at 3335-3350, but it is expected to gradually decline over time. On the whole, there are no particularly clear trading signals at present. Both bulls and bears have certain opportunities. It is recommended to wait and see for the time being. Pay attention to the 3342-3352 area above. If the bearish trend is confirmed in the future, you can consider shorting when it rebounds here, with the target at 3330-3325. If gold retreats directly to 3325-3320 and gains effective support again, you can consider going long.
🎯 Trading Points:
SELL 3342-3352
TP 3330-3325
BUY 3325-3320
TP 3340-3350
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.
FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD OANDA:XAUUSD
Pay attention to 3320, if it falls below, go long at 3310-3300The short order has been completed and profit has been realized. Now the 1H technical indicators show that there is still room for decline in the short term. Focus on the 3320 support. If it falls below 3320, the gold price is expected to reach the 3310-3300 area, which is also an ideal trading area for intraday long positions. There is nothing much to say. Follow the wolves and you will get meat. Currently, the brothers who follow me to trade have all made good gains.
OANDA:XAUUSD
The rebound is not a reversal, continue to shortGold showed a trend of rising and falling back and closing low on Tuesday. The highest intraday rise was 3366, and the lowest fell to 3320. The daily line recorded a medium-sized Yin line with a long upper shadow. The K-line was negative, and the closing line broke the resonance support of the middle track and the short-term moving average, suggesting that the bullish momentum has slowed down and the bears are ready to move. Today, we need to pay attention to the further downward performance of gold. From the 4H level, the price stood firm at the four-hour resistance position last Thursday, and then rebounded upward in the short term. Yesterday, the price fell below the daily support level. Currently, the short-term market is bearish, and attention is paid to the resistance in the 3340-3345 range above. In the one-hour period, the price is in short-term shock adjustment. On the whole, it will be treated as a shock decline before breaking yesterday's low, and the lower side pays attention to the 3225-3320 area support. In the short term, you can consider shorting at 3340-3350 in the European session, and look towards 3330-3320
OANDA:XAUUSD
Gold (XAU/USD) Trading Analysis for July 16Support Zone: The market has found support around the 0.5 Fibonacci retracement level at 3,333.58. This could be a potential entry point for a long trade if the price bounces here.
Resistance Zone: The price action is approaching the 3,345.18 level, with a strong resistance around that zone. If the price breaks above this resistance, we could see further upward movement.
Price Action: We can observe an initial bullish movement followed by a correction. The price is currently in an uptrend, forming a series of higher lows and higher highs.
Fibonacci Levels: The 0.5 level at 3,333.58 has already acted as a support zone, and if the price retraces back here, this could be a good opportunity to enter long positions. The 0.618 level at 3,336.32 serves as a key resistance point. If price breaks above this level, it could indicate a continuation of the bullish trend.
Bullish Scenario (Long Entry): If the price retraces back to the 3,333.58 area (0.5 Fibonacci level) and shows signs of support (such as bullish candlestick patterns), consider entering long with a target at 3,345.18.
Bearish Scenario (Short Entry): If the price fails to break above 3,345.18 and forms a reversal pattern, you could consider shorting with a target near 3,320.
Risk Management:
Stop Loss: Place a stop loss just below 3,330, allowing for a small margin of error in case the price breaks through the support level.
Take Profit: Consider setting a take-profit at 3,345.18 for short-term moves or look for further price action if you're aiming for a longer-term trend.
Reminder: Always monitor the price action closely and adjust stop losses accordingly. The market is subject to volatility, especially during high-impact news events, so make sure to stay updated.
XAUUSD analysis - 1H FVG and OB Setups✅ Green boxes = Buy Order Blocks (OB)
✅ Red boxes = Sell Order Blocks (OB)
✅ Blue boxes = Fair Value Gaps (FVG) (none currently on this chart)
Currently, gold is approaching the 1H Sell OB (red) between 3360 – 3370, which is a strong resistance zone.
We have two clear scenarios:
1️⃣ If sellers step in and we get confirmation, we can look for a pullback down to the lower green buy OB zones:
3320 – 3330 (1H OB)
3290 – 3300 (1H OB)
These zones will be key for looking for buy opportunities with LTF confirmations.
2️⃣ If buyers break above 3370 with a strong close, we can expect a move towards the 4H Sell OB (red) at 3380 – 3395.
🎯 Summary:
✅ Currently looking for a potential sell at the red zone with LTF confirmations.
✅ Watching green zones below for clean buys on a pullback.
✅ If price breaks above, the next target will be 3380 – 3395.
Let price come to your levels, wait for confirmation on 3m/5m for clean entries, and stay disciplined with your plan.
—
📊 ProfitaminFX | Gold, BTC & EUR/USD
📚 Daily setups & educational trades
XAUUSD ANALYSIS – JULY 18XAUUSD ANALYSIS – JULY 18: STRATEGY BASED ON FIBONACCI, TRENDLINE & STRUCTURE
1. XAUUSD Technical Overview (4H Chart)
Gold (XAUUSD) is currently trading around 3,343 USD, showing signs of a slight rebound from key support. On the 4H timeframe, the price structure is forming higher lows, maintaining above a short-term rising trendline – a technically bullish signal.
2. Key Support & Resistance Zones
Immediate Supports:
3,338 USD: aligning with the 0.618 Fibonacci retracement – a zone tested multiple times.
3,333 – 3,335 USD: strong support, overlapping with EMA and rising trendline.
3,327 USD: previous swing low – last defense for the bullish structure.
Immediate Resistances:
3,345 – 3,346 USD: frequently rejected zone in recent sessions.
3,350 USD: psychological and technical resistance.
3,358 USD: recent swing high – breakout confirmation level.
3. Price Action & Fibonacci Confluence
Price is currently hovering between Fibo 0.5 (3,343 USD) and Fibo 0.618 (3,338 USD) – a potential bounce zone if bullish momentum holds.
The pullback from 3,358 to 3,286 has respected standard Fibonacci retracement levels, confirming technical price behavior.
4. Trendline Analysis
The ascending trendline from the 3,275 USD low remains intact, providing solid dynamic support.
If the price continues to bounce from this trendline, it may form a bullish continuation pattern (flag/pennant).
5. Suggested Trading Strategies
Long
Entry: 3,338 – 3,340 USD
SL: 3,327 USD
TP: 3,345 – 3,350 – 3,358 USD
Note: Buying the dip near Fib & trendline
Short
Entry: Below 3,327 USD (breakdown)
SL: Above 3,340 USD
TP: 3,310 – 3,298 USD
Notes: Only if price breaks trendline & support
6. Supporting Technical Indicators
EMA20/EMA50 show slight upward momentum – early bullish bias.
RSI (14) hovers near 50 – neutral zone, awaiting breakout confirmation.
Conclusion:
Gold is consolidating around a critical support zone. The short-term bias leans bullish if the 3,338 – 3,333 USD region holds and price breaks above 3,346 – 3,350 USD.
This is a key moment to position early using Fibonacci and trendline confluence.
👉 Follow for more strategies in upcoming sessions. Save this if you find it useful!
Do you have a different view? Share your thoughts in the comments below!
XAU/USD 4H Bearish Continuation Setup Analysis:Price recently rejected from the key resistance zone around 3,370–3,380 (highlighted in yellow).
A double top pattern is evident, indicating bearish pressure.
Price broke the rising trendline support and is forming lower highs.
Immediate support levels lie at:
3,291.46
3,290.79
A confirmed break below this support could send price toward the next major support at 3,250.04, which aligns with the projected move.
Bearish Bias:
As long as price remains below 3,344, the structure favors further downside.
Watch for a break and retest of the 3,291–3,290 zone for confirmation.
📉 TP Zones:
TP1: 3,291
TP2: 3,250
🛑 Invalid if price breaks above: 3,344
Gold Spot / U.S. Dollar (XAU/USD) 4-Hour Chart - OANDA4-hour chart displays the price movement of Gold Spot (XAU) against the U.S. Dollar (USD) from late July to early August 2025. The current price is 3,390.266, with a recent decrease of 10.870 (-0.32%). Key levels include a sell price of 3,336.420 and a buy price of 3,337.020, with a resistance zone highlighted between 3,340.720 and 3,380.000, and a support zone around 3,314.186. The chart includes candlestick patterns and trading indicators.
Expectations On GoldPEPPERSTONE:XAUUSD Looking at the daily Range, The market has reached the equilibrium level, is that a sign to go short? no, we could still see a drive to the upper side, but ultimately, the relative equal lows which are close to 3,245.00 big figure should likely be the draw.
I would love to see a drive below the 3,282.00 mark for perfect show to prove the obvious move below the 3,245.00, or seeing a consecutive break below each previous days low would also confirm the directive.
Seeing higher prices would of course negate this analysis, seeing a run into the 3,375.00 big figure yesterday makes me skeptical as this has also left some area of relatively equal highs, so I would give in to the idea of higher prices at least to that level to see what would like occur, but I strongly doubt that this would be the scenerio.
Generally, I am bearish on Gold till I see a run below that 3,245.00 big figure or prices closer to that level.
Gold rebounded and shorted in the New York market.Trump's recent remarks about "possibly firing Fed Chairman Powell" triggered risk aversion in the market, and gold once surged to $3,377, but then Trump denied the plan and gold prices fell back to fluctuate in the 3,340-3,350 range; the U.S. PPI in June was flat month-on-month, lower than expected, easing market concerns about the Fed's immediate tightening of policy, but long-term inflation expectations still support gold; Israel's air strikes on Syria have exacerbated tensions in the Middle East, and safe-haven demand has boosted gold; Trump threatens to impose tariffs on the EU, and global trade uncertainty still supports gold's safe-haven properties; gold fluctuated and fell today. After yesterday's big rise, gold gradually fell today. Today, gold fluctuated weakly, and the 4-hour moving average crossed downward. The gold price gradually moved toward the lower Bollinger band, and the Bollinger band opened downward. The trend is more bearish. In terms of operation, we recommend that gold rebound and go short. FOREXCOM:XAUUSD ACTIVTRADES:GOLD FXOPEN:XAUUSD ACTIVTRADES:GOLD VANTAGE:XAUUSD CMCMARKETS:GOLD VANTAGE:XAUUSD
Gold Rejects Resistance Again – Gold Rejects Resistance Again ?Gold is currently trading near $3,335, showing signs of exhaustion after a failed breakout above the recent consolidation range. The market attempted to push higher but lacked strong momentum, leading to a pullback and possible shift in bias. The price is forming lower highs, indicating bearish pressure building up on the 4H timeframe. Gold is showing weakness after a second breakout followed by a possible retest failure. The market structure indicates a bearish bias
🔍 Market Structure Overview:
- Two Breakouts: Price attempted two bullish breakouts recently. The first breakout gained some traction, while the second failed to hold above resistance.
- Failed Retest: Price has now returned back near the previous breakout zone (~$3,332), signaling a potential bearish reversal pattern.
- The chart structure suggests a distribution phase, with price struggling to hold gains, and sellers slowly gaining control.
🧭 Key Support and Resistance Levels:
✅ Resistance Zones:
- $3,337.54 – Immediate resistance (recent rejection zone)
- $3,348.03 – Strong resistance if price pushes above $3,337
- $3,412.76 – Major resistance from previous swing high
- $3,490.40 – Long-term psychological resistance
🔻 Support Zones:
- $3,318.94 – Immediate support (just below current price)
- $3,303.46 – Key fib retracement (0.382 level)
- $3,248.28 – Strong horizontal support (major zone)
- $3,193.11 – Fibonacci extension level (-0.382)
- $3,159.02 – Next support zone (Fibo -0.618 level)
🟠 Current Bias:
Bearish to Neutral – as long as price remains below $3,337.
If price breaks and holds above $3,337 with volume, short-term bullish reversal is possible.
Yeterday there was a fake news and gold was pumped but after clarification it was dumped. It means buyers are not much interested till fed next meeting and the high price of the gold. Sellers will short the gold on every rise while buyers will wait for low price of the gold for long term trade.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
GOLD 2H STRUCTURE ROADMAP – JULY 2025🧭 GOLD 2H STRUCTURE ROADMAP – JULY 2025
📉 Market Structure | 📊 Liquidity Zones | 🎯 Bearish Scenario
---
📌 🧱 Structure Analysis – Bigger Picture
The current macro structure on Gold is clearly bearish, confirmed by:
A sequence of Lower Highs (LH) and Lower Lows (LL)
Price respecting a descending channel / wedge structure
Failure to hold above key break-of-structure (BOS) zones on prior rallies
Recent rallies forming corrective patterns, not impulsive bullish structure
This indicates that smart money is distributing at higher levels and planning liquidity raids before final markdowns.
---
🔁 Wedge + ABC Trap Formation
The chart shows a classic bearish wedge (rising contraction pattern) with an embedded ABC correction, which can trap long-biased retail traders before reversal.
Wave (A): Short-term rejection at previous minor high
Wave (B): Shallow pullback to create illusion of strength
Wave (C): Final liquidity sweep above the wedge → Perfect trap zone
---
💧 Triple Liquidity Targets – Smart Money Blueprint
Smart money often targets liquidity in layers. Below are the three major zones:
1. 🔻 First Liquidity Pool (~$3,320 – $3,310):
Minor internal structure lows with previous BOS area
2. 🔻 Second Pool (~$3,285 – $3,275):
Strong liquidity cluster near order block formed after impulsive move
3. 🔻 Final Demand Zone (~$3,245 – $3,260):
Deep liquidity + unmitigated bullish OB = High Probability Reaction Zone
---
⚔️ Bias & Trading Insight
✅ Bias: Bearish unless price closes above $3,400 with strength
🚫 Avoid chasing longs during (B)-(C) unless clear breakout + volume
🧠 Patience pays — Wait for sweep of all three zones before any long-term bullish commitment
---
> 🧠 Precision Analysis by: Mohsen Mozafarinezhad
👑 Presented under: PERSIAUX KING — A Legacy of Persian Discipline in Markets
GOLD Intraday Chart Update For 16 July 2025Hello Traders,
Today we have major news is US PPI, currently market is in tight range between 3360 to 3310
all eyes on 3360 level breakout for the day for further upward continuation
Only break below 3315 market will goes further downside
Currently we also have Bearish channel in H2 TF
Disclaimer: Forex is Risky
Gold XAU/USD Analysis for July 15, 2025: Trading Strategy and KeThe market is showing a strong upward trend, as indicated by the yellow trendline.
Fibonacci Retracement Levels:
38.2% Fibonacci Level: 3,344.79
50% Fibonacci Level: 3,344.47
61.8% Fibonacci Level: 3,347.91
Resistance Zone: The price is approaching a strong resistance level at 3,370 USD.
Technical Observations:
Gold is currently moving upward but is encountering resistance at 3,361. The price tested the 61.8% Fibonacci level and is now facing some resistance.
The Fibonacci levels suggest that if the price breaks above 3,362, the next target could be 3,370 USD.
Support Zone: If the price retraces, support may emerge near the 3,340 region.
Gold XAU/USD Trading Strategy:
Bullish Scenario:
If the price breaks above resistance at 3,362, the next target would be the 3,370 level. This could be a signal to enter Long positions near the 3,344 to 3,348 range, with a target around 3,370.
Bearish Scenario:
A retracement to the support level at 3,340 is possible. If the price drops below 3,340, further downside could be expected. In this case, a Short position could be considered if the price falls below 3,340, with a target near 3,330.
With the current upward trend, gold XAU/USD may continue to rise if it breaks the 3,362 resistance level, with the next target being 3,370 USD. However, if the price turns lower and drops below the 3,340 support level, the market may continue to decline.
Note: Be sure to monitor the Fibonacci levels and price behavior closely to adjust your trading strategy accordingly for today. If this analysis was helpful, don't forget to save it and follow for more trading strategies!
Gold Price Analysis Bullish Continuation PossibleBullish Trend Formation: We see a series of higher highs and higher lows forming on the chart, suggesting a potential continuation of the bullish trend. However, the market has recently pulled back from the previous peak at 3,340.69, which is now being tested as support.
Fibonacci Retracement Analysis:
The current pullback has reached the 0.5 level around 3,334.32, a strong support zone. This area could offer a potential long entry if the price reacts positively from here.
The 0.618 Fibonacci level at 3,335.82 is also significant, often acting as a final retracement level before the market continues its bullish move.
Support Testing: If the price holds above the 0.618 level, we could expect a price rally towards the resistance at 3,372.00, with possible extension above it.
Trend Continuation: If the price breaks below 3,335.82, consider watching for further downside potential with the next target being the 0.5 level, near 3,334.32.
Trade Strategy (Buy on Support):
Entry: Around 3,334.32 or 3,335.82 (depending on price action confirmation).
Target: 3,340.69 (next resistance zone).
Stop-Loss: Set just below the 0.5 Fibonacci level around 3,327.95 to manage risk effectively.
The current chart is showing a potential for a bullish continuation, with key support levels at 3,335.82 and 3,334.32, backed by Fibonacci retracement. Watching the price action around these levels will be crucial for entering a potential buy position.
Remember to adjust your strategy based on the actual market movements and confirm the trend with price action before making a trade.
xauusd setup"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
CPI triggers sell-off, 3330 can be short-term long📰 News information:
1. Focus on tomorrow's CPI data
2. Bowman's speech at the Federal Reserve
3. Tariff information outflows and countries' responses to tariff issues
📈 Technical Analysis:
The short-term trend flag pattern has been formed, and our short-selling strategy perfectly hits the TP. According to current news, Trump has once again urged the Federal Reserve to cut interest rates. While there is almost no possibility of a rate cut this month, there is a high probability that a 25 basis point rate cut will be completed in September, which is also in line with our previous prediction of market trends.
The big negative line in 4H pierced the middle Bollinger band. Although the CPI data is bullish, it has little impact based on the announced value. Market expectations have been digested in advance, so there is no room for a big drop. The upper points still focus on the short-term resistance of 3355-3365. If it rebounds to this area first in the short term, you can consider shorting again. Focus on the strong support of 3330 below. As long as the retracement entity does not fall below 3330, gold will rise again and touch the resistance line of 3375-3385.
🎯 Trading Points:
BUY 3335-3325
TP 3355-3365
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.
OANDA:XAUUSD PEPPERSTONE:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD
Bearish Sentiment (Jul 16 Wed) | Intraday S/R for Swing TradingSentiment: Bearish
🟢 Support Levels
1. 3319.20 – Minor support near Friday’s bounce zone
2. 3307.60 – Key support from early U.S. session rejection zone
3. 3296.10 – Institutional support / demand buildup
4. Extreme Support: 3283.40 – Break below this opens extended sell-off zone
🔴 Resistance Levels
1. 3338.70 – Minor resistance from overnight price action
2. 3349.80 – Key resistance aligned with previous close and seller defense
3. 3361.00 – Strong intraday ceiling, potential short trigger
4. Extreme Resistance: 3375.20 – Break above this signals risk-on bullish momentum