Xauusdshort
XAUUSD – Demand Zone Reaction & Potential Markup (VSA Analysis)💡 Idea:
Gold is testing a major 4H demand zone with early signs of smart money accumulation. VSA signals show supply exhaustion and potential for a bullish reversal toward upper resistance.
📍 Trade Setup:
Entry Zone: 3,265 – 3,285 (current demand zone)
Target 1: 3,380 – 3,400 (mid supply zone)
Target 2: 3,440 – 3,460 (major supply zone)
Stop Loss: Below 3,240 (to avoid false breakouts)
R:R Potential: ~3:1
📊 Technical Reasoning (VSA)
Stopping Volume Detected
On the recent drop into the demand zone, a wide spread down-bar on ultra-high volume appeared, followed by no further downside progress.
This is a classic stopping volume pattern where professional money absorbs selling pressure.
No Supply Confirmation
Subsequent candles inside the zone show narrow spreads on decreasing volume, indicating a lack of genuine selling interest.
Demand vs Supply Shift
Multiple attempts to break below 3,265 have failed, showing absorption of supply and positioning for markup.
If price rallies from here on increasing volume and wider spreads up, it would confirm demand dominance.
Structure Context
This demand zone has historically produced strong rallies.
Break above the minor resistance inside the zone could trigger a swift move toward Target 1, with momentum possibly extending to Target 2.
📌 Trading Plan:
Look for bullish confirmation bars with high volume before entry.
If price breaks below 3,240 on high volume, invalidate the long setup and watch for the next demand level around 3,140.
Partial profits can be taken at Target 1, and the remainder trailed toward Target 2.
Gold Slips After Powell Speech Below 3320 Bearish Pressure BuildGOLD Overview
Market Context:
Gold declined from the 3333 level, as anticipated in yesterday’s analysis, ahead of Fed Chair Powell’s speech. Powell reiterated that it is still too early for rate cuts, citing persistently high inflation, which supported the U.S. dollar and pressured gold.
Technical Outlook:
As long as gold trades below the 3320–3310 zone, the bearish momentum is expected to continue, with the next target at 3285. A confirmed break and stability below 3285 could open the way toward 3255.
To regain bullish traction, the price must stabilize above 3320.
Support Levels: 3285 • 3255
Resistance Levels: 3333 • 3349
The rebound is weak, short orders intervene#XAUUSD
After two consecutive trading days of volatility, gold finally began to fall under pressure near 3335. After breaking through the 3300 mark, the price of gold accelerated its decline, reaching a low of around 3268, and yesterday's daily line closed with a large negative line. 📊
Today's rebound is more likely to be based on the buffering performance of the impact of news. The ATR data also shows that the bullish momentum is slowly weakening in the short term. 🐻After digesting the impact of yesterday's news through rebound during the day, it may fall again in the future.📉
📎The primary focus today is 3305 above, which was also the high point of yesterday's pullback correction. If the gold price rebounds to 3305-3320 and encounters resistance and pressure,📉 you can consider shorting and look towards 3290-3270.🎯
If the short-term gold rebound momentum is strong and breaks through the 3305-3320 resistance area, it will be necessary to stop loss in time. Gold may be expected to touch yesterday's high resistance of 3330-3335, which is the second point to consider shorting during the day.💡
🚀 SELL 3305-3320
🚀 TP 3290-3270
The idea of shorting on rallies below 3315 remains unchanged.Gold remains generally weak, with multiple rebounds showing signs of fatigue. The upward moving average continues to suppress prices, indicating that the bearish trend remains intact, and the short-term market outlook remains bearish. Trading strategies remain bearish today, with a key focus on the 3300-3315 area, a key short-term resistance zone. If the market rebounds before the US market opens and approaches this area, or if a clear topping signal appears near this range, consider entering a short position. Today will see the release of the non-farm payroll data, which may influence the market's trajectory. We recommend prioritizing short-term trading before the release, and reconsidering the market's direction based on market feedback after the release. Structurally, gold continues to exhibit a volatile downward trend, with lower highs and lower lows. Today's low is expected to be lower than yesterday's. Short-term short positions are focused on 3285-3280, with a break below this level potentially allowing for further declines. Please carefully time your entry, strictly implement risk management, and avoid emotional trading.
Gold’s Glitter Fades: Why $3,250 Is the Next Big Drop🧠 Fundamental Analysis
Despite recent bullish momentum, several macroeconomic and policy-driven headwinds could pressure gold prices lower toward the $3,250 mark:
1. **Fed Policy Shifts (Higher for Longer):**
The Fed’s persistent “higher-for-longer” stance on interest rates has kept real yields elevated. With the U.S. economy still showing resilience (strong labor market, consumer spending), markets are pricing out aggressive rate cuts. Higher real yields reduce gold’s appeal as a non-yielding asset.
2. **Strengthening U.S. Dollar (DXY):**
Renewed dollar strength, driven by global risk aversion and higher U.S. yields, is acting as a headwind for gold. Since gold is priced in dollars, a rising DXY typically puts downward pressure on bullion.
3. **China & India Demand Weakness:**
Physical gold demand in key markets like China and India has been softening. High local prices, subdued consumer sentiment, and tighter liquidity conditions in China are dampening jewelry and investment demand.
4. **Geopolitical Easing:**
As geopolitical tensions (e.g., Middle East or Ukraine) show signs of stabilization, the fear premium embedded in gold could start to unwind.
---
## 📉 Technical Analysis – Bearish Setup to $3,250
From a chartist’s view, gold shows early signs of technical exhaustion and potential reversal:
1. **Rising Wedge Breakdown:**
Gold recently broke down from a **rising wedge pattern** on the daily timeframe—a classic bearish continuation setup. Price failed to hold the breakout above \$2,450 and is now forming lower highs.
2. **Bearish Divergence (RSI & MACD):**
Both RSI and MACD are flashing **bearish divergence** on the weekly chart. While price made new highs, momentum indicators did not confirm—suggesting weakening buying pressure.
3. **Fibonacci Retracement Targets:**
A pullback toward the **50% retracement** of the March–July rally aligns closely with the \$3,250 level. This would be a logical technical correction zone.
4. **Volume Profile Gaps:**
The VPVR (Volume Profile Visible Range) shows a low-volume node around $3,250, implying weak support. If price breaches the $3,400 psychological level, a swift drop to $3,250 is plausible.
5. **Elliott Wave Perspective:**
If the recent top was wave 5 of a larger impulsive structure, we may now be entering an **ABC corrective wave**, with Wave C potentially targeting the $3,250 area.
---
## 📍 Key Levels to Watch
* **Resistance:** $3,420 $3,500
* **Support:** $3,400 → $3,250 → $3,000
* **Trigger Point:** Break below $3,400 with volume confirmation
---
## 📊 Strategy Notes
* **Short Bias**: Watching for rallies to short near \$3,400–\$3,450 with tight stops.
* **Risk Management**: Be cautious around key macro events (NFP, CPI, FOMC).
* **Confluence is Key**: Look for alignment between macro headwinds and chart setups.
---
📌 **Conclusion:**
While gold’s long-term bull thesis remains intact, a medium-term correction to $3,250 appears increasingly likely due to weakening fundamentals, overbought technical conditions, and waning momentum. Traders should prepare for volatility and focus on disciplined execution around key support zones.
How to correctly grasp the gold trading opportunities?Yesterday, gold prices saw a technical rally amidst volatile trading, followed by a downward trend under pressure. Bulls strongly supported a rebound at 3280 in the Asian session. The European session saw an accelerated upward move, breaking through 3314 before retreating under pressure. We also precisely positioned short positions below 3315, achieving a perfect target of 3290-3295. During the US session, the market again faced pressure at 3311, weakening in a volatile trend before breaking through 3300. The daily chart ultimately closed with a medium-sized bullish candlestick pattern, followed by a pullback and then a decline.
Overall, after yesterday's rebound, gold prices remain under pressure at the key resistance level of 3314. The short-term bearish weakness line has moved down to this level. If pressure continues in this area in the short term, gold will maintain a weak and volatile structure, with intraday trading remaining focused on rebounds and upward moves. If you are currently experiencing confusion or unsatisfactory trading strategies, please feel free to discuss your options and help avoid investment pitfalls.
From a 4-hour analysis perspective, focus on resistance at 3305-3315 on the upside. A rebound to this level is a good opportunity to short against resistance. Focus on support at 3280-3270 on the downside. Unless the price stabilizes strongly, consider not entering long positions below this level. The overall strategy remains to short on rebounds, with the same rhythm. I will provide timely notifications of specific levels from the bottom, so keep an eye on them.
Gold Trading Strategy: Short on rebounds near 3305-3315, with targets at 3290-3280-3270.
Waiting for non-farm payroll dataGold prices (XAU/USD) remained under pressure in Asian trading on Friday, trading below $3,300, not far from the January low reached earlier this week. Gold failed to extend its modest overnight rebound, primarily due to the strong US dollar.
The Federal Reserve's latest hawkish tone has prompted a reassessment of the timeline for interest rate cuts, boosting demand for the US dollar and weighing on the non-interest-bearing asset, gold.
The US dollar index rose for the seventh consecutive day, reaching a new high since late May, further weakening gold's appeal. Key to the dollar's momentum lies in the latest inflation data: the US PCE price index rose to 2.6% year-on-year in June, while the core index remained stable at 2.8%, exceeding market expectations and reinforcing the view of persistent inflation.
"Both inflation data and GDP data suggest the US economy remains resilient, giving the Fed little reason to rush into easing," said a Fed observer. "This limits gold's near-term potential as a hedge."
Meanwhile, US President Trump signed an executive order on Thursday imposing import tariffs ranging from 10% to 41% on several trading partners, including Asian countries. Countries with trade deficits will face tariffs of at least 15%. This move has heightened global trade concerns, boosted market demand for safe-haven assets, and provided some support for gold.
Despite this, gold prices remain mired in a downward trend. Investors are generally maintaining a wait-and-see approach, awaiting Friday's release of the US July non-farm payroll report. This data is seen as a key indicator of economic resilience and the interest rate outlook. Expectations suggest an increase of 110,000 jobs and a slight rise in the unemployment rate to 4.2%.
The daily gold chart shows that prices are in a weak consolidation phase, capped by key resistance near $3,320. If gold prices fail to break through this area, there is a risk of further decline in the short term. Stronger resistance lies above $3,350. A breakout on strong volume could trigger a rebound towards the $3,380 area, potentially pushing the price above $3,400.
As for downside support, the 100-day moving average provides initial support near $3,270. A break below this could trigger further downward pressure, targeting the $3,240 area, the June low. A further break below this level would target the psychologically important $3,200 level.
In terms of indicators, the MACD death cross continues, with a shortening red bar, indicating weakening bearish momentum but no reversal. The RSI remains in neutral to weak territory, not clearly oversold.
The current gold trend is characterized by a "structurally bearish, sentimentally supportive" pattern. Despite the trade war and heightened global risk aversion, the Federal Reserve's caution about inflation and the strong dollar are exerting significant pressure.
If the July non-farm payroll data is strong, gold could test further technical support. Conversely, weak data or a pullback in the dollar could trigger a technical rebound. PEPPERSTONE:XAUUSD ACTIVTRADES:GOLD VANTAGE:XAUUSD FOREXCOM:GOLD EIGHTCAP:XAUUSD FOREXCOM:GOLD
Gold Price Consolidates in Symmetrical Triangle, Breakout Ahead?Gold shows a clear bearish trend within a well-defined downward channel. Price action continues to form lower highs and lower lows, reinforcing the ongoing downtrend. The recent rejection from $3,312 suggests that bulls are struggling to regain control, and the market remains pressured by selling momentum. The price is currently hovering near $3,287 just above horizontal support zone.
📉 Potential Scenarios
- Bearish Continuation (Most Likely)
- If price continues to stay below $3,300 and breaks below $3,281, it may aim for $3,261 and $3,249.
- A close below $3,281 would confirm further bearish pressure and signal downside continuation toward the $3,240s range.
- Short-Term Bullish Retracement
- If price holds above $3,281 and breaks above $3,300–$3,312, a relief rally may occur at first resistance: $3,306 and second resistance: $3,312.
- However, unless gold breaks above $3,332 (previous swing high), this would still be considered a bear market rally.
- Range-bound Movement
- A third scenario is sideways price action between $3,281 and $3,312, where neither bulls nor bears take control immediately. This would represent market indecision or awaiting external catalysts (e.g., economic data, Fed policy).
🔍 Trend Outlook
- Short-Term Trend: Bearish
- Medium-Term Trend: Bearish, unless price breaks and sustains above $3,312
- Long-Term Trend: Neutral-to-bullish, as long as price holds above the macro support zone near $3,240
1D Chart Long Term Possible Scenario
The price is currently trading around $3,285, sitting just above the triangle’s ascending trendline support and within a key horizontal demand zone around $3,250–$3,300, which has held multiple times in the past.
If bulls manage to push the price above $3,360–$3,400, it could confirm a breakout and open the door toward the next major resistance at $3,450. However, if price fails to hold above the current ascending trendline, a breakdown could retest the base support near $3,248 or even lower toward $3,150
Gold is currently in a neutral consolidation phase within a symmetrical triangle, with both bullish and bearish breakout scenarios possible. The breakout direction from this pattern—expected in the coming weeks, will likely set the tone for gold's medium-term trend.
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!
XAUUSD Intraday Technical Analysis – Bullish Breakout SetupGold (XAUUSD) is showing signs of bullish recovery after a sharp sell-off, with current price action around 3305.86 USD hinting at a potential breakout on the 1-hour timeframe.
- Technical Overview
Price structure: After a steep decline, gold formed a base near the 3284–3299 zone and is now climbing back, with a potential inverse head-and-shoulders formation taking shape.
EMA cluster: Price is approaching the confluence of the EMA 50, EMA 100, and EMA 200, currently acting as dynamic resistance around 3309–3323. A break above these levels may confirm bullish strength.
Fibonacci retracement: The bounce appears from the 0.874 extension, indicating the end of the previous bearish leg.
Volume analysis: Increasing bullish volume supports the idea of a potential breakout.
- Key Levels to Watch
Zone Type
Price Level (USD)
Remarks
Immediate Resistance: 3,309 – 3,323 - Major test zone; overlaps with EMA 50/100
Major Resistance : 3,337 – 3,340 - Previous high; if broken confirms bullish continuation
Support Zone: 3,299 – 3,302 - Intraday support turned demand zone
Critical Support: 3,284 – 3,285 - Recent swing low; invalidates bullish view if broken
- Intraday Strategy Suggestion
Scenario 1 – Bullish Breakout
Entry: Buy on breakout and retest of 3,309–3,323
SL: Below 3,299
TP1: 3,337
TP2: 3,355
- Confirmation by strong bullish candle closing above EMA cluster and above resistance zone.
Scenario 2 – Buy on Pullback
Entry: Buy limit at 3,300–3,302
SL: Below 3,284
TP1: 3,323
TP2: 3,337
- Look for RSI divergence or bullish engulfing candle at support for higher conviction.
- Final Note
The bulls are attempting to reclaim momentum after a major correction. If gold can sustain above the 3,309 resistance and hold the 3,300 base, a short-term bullish reversal could materialize.
renderwithme ||| XAU/USD Monthly Analysis (August 2025 Outlook) #Fundamental Analysis
Gold prices are influenced by macroeconomic factors, monetary policy, and geopolitical events. Based on recent data:Federal Reserve Policy: The Fed’s decision to maintain interest rates at 4.25–4.50% in July 2025, with a hawkish tilt, has strengthened the US dollar, putting downward pressure on gold. A stronger USD typically reduces gold’s appeal as it’s priced in dollars. However, expectations of a potential rate cut in September could support gold if signaled by Fed Chair Jerome Powell. Watch for updates in the FOMC statement or Powell’s comments for clues on future policy.
#Economic Indicators:
Strong US economic data, such as a robust labor market (jobless claims at a 3-month low) and rising consumer confidence (Conference Board’s Index at 97.2 in July), suggest increased economic activity, which could bolster the USD and limit gold’s upside. Upcoming data like the US PCE Price Index and Nonfarm Payrolls (NFP) in early August will be critical for gauging inflation and labor market trends, impacting gold’s trajectory.
Geopolitical and Safe-Haven Demand: Reduced safe-haven demand due to de-escalating global trade tensions and geopolitical stability has capped gold’s gains. However, any escalation in conflicts (e.g., Russia-Ukraine or Middle East) or renewed trade disputes could drive demand for gold as a safe-haven asset.
Central Bank Demand: Continued central bank gold purchases could provide long-term support, but a slowdown in buying might weigh on prices.
# Inflation and Currency Dynamics:
Persistent US inflation supports the USD, limiting gold’s attractiveness. Conversely, a recovering Chinese economy or global policy easing could boost gold demand.
#Technical Analysis
Recent technical data suggests a mixed outlook for XAU/USD on the monthly timeframe:Price Levels and Trends: As of late July 2025, XAU/USD is trading around $3,291–$3,337, consolidating after retreating from a high of $3,440. The monthly chart shows a medium-term uptrend channel that began in early 2025, with support around $3,285–$3,300 and resistance at $3,355–$3,430. A decisive break above $3,355 could signal bullish momentum toward $3,500 or higher, while a break below $3,285 might target $3,130 or lower.
Indicators: The 14-day RSI at 46.10 suggests neutral momentum, neither overbought nor oversold. Technical indicators show mixed signals, with 15 bearish and 11 bullish signals as of July 28, 2025, reinforcing a cautious outlook.
Key Levels: Support: $3,275–$3,225 (major demand zone), $3,130 (potential deeper pullback).
Resistance: $3,355, $3,430, $3,500 (psychological level).
A bearish descending channel on shorter timeframes (e.g., 1H, 3H) suggests potential downside unless $3,320 is breached.
Monthly ForecastBearish Scenario: If the USD remains strong due to hawkish Fed signals, persistent inflation, or robust US economic data, XAU/USD could test support at $3,275–$3,225. A break below this zone might lead to $3,130 or even $2,900 in a deeper correction, especially if safe-haven demand weakens further.
Bullish Scenario: A Fed signal of rate cuts, renewed geopolitical tensions, or increased central bank buying could push gold above $3,355, targeting $3,430 or $3,500. A breakout above $3,430 could aim for $3,830, as suggested by some analysts.
Expected Range: For August 2025, XAU/USD is likely to trade between $3,225 and $3,430, with volatility driven by US economic data and Fed policy updates. A monthly close above $3,430 would strengthen the bullish case, while a close below $3,225 would favor bears.
Trading ConsiderationsRisk Management: Given the mixed signals, use tight stop-losses. For bullish trades, consider entries near $3,275–$3,300 with stops below $3,225. For bearish trades, enter near $3,320 with stops above $3,355.
Key Events to Watch: Monitor the US PCE Price Index, NFP report, and Fed statements in early August for directional cues. Geopolitical developments could also trigger sudden moves.
Volatility: The 30-day volatility is low at 0.91%, suggesting consolidation, but upcoming data releases could spark sharper moves.
# Chart for the reference will give u better idea to take decisions
in my views top has been made
~~ Disclaimer ~~
This analysis is based on recent technical data and market sentiment from web sources. It is for informational \ educational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
# Boost and comment will be highly appreciated.
XAU/USD (Gold) - Triangle Breakout (1.08.2025)The XAU/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 3249
2nd Support – 3225
🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI_TA_TRADING
Thank you.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD BUYGold maintains its daily gains around $3,300
After retreating markedly on Wednesday, Gold rebounds moderately and remains positive at about $3,300 per troy ounce on Thursday. The precious metal’s rebound comes in response to the daily retracement in US yields across the curve and the so far irresolute price action in the Greenback
The US Federal Reserve kept its benchmark interest rate unchanged for the fifth consecutive meeting, in a range of 4.25% to 4.5%, despite intense pressure from US President Donald Trump and his allies to lower borrowing costs. The decision, however, met opposition from Fed Governors Michelle Bowman and Christopher Waller. This was the first time since 1993 that two governors had dissented on a rate decision.
In the accompanying monetary policy statement, the committee had a more optimistic view and noted that the economy continued to expand at a solid pace. Adding to this, Fed Chair Jerome Powell said during the post-meeting press conference that the central bank had made no decisions about whether to cut rates in September. This comes on top of the upbeat US macro data, and lifted the US Dollar to a two-month high.
Automatic Data Processing reported that private payrolls in the US rose by 104,000 jobs in July, following a revised 23,000 fall recorded in the previous month. Adding to this, the Advance US Gross Domestic Product (GDP) report published by the US Commerce Department showed that the economy expanded at a 3.0% annualized pace during the second quarter after contracting by 0.5% in the previous quarter
SUPPORT 3,346
SUPPORT 3,328
SUPPORT 3,309
RESISTANCE 3,283
RESISTANCE 3,273
Bearish pennant pattern active. Active SELL✏️Gold price is forming a triangle accumulation pattern. That shows the hesitation of investors at the moment, they may be waiting for important economic indicators of the US this week. Just an impact that makes Price break out of the triangle border can create a strong FOMO trend. The price line is quite similar to the bearish pennant pattern and heading towards really strong support areas.
📉 Key Levels
SELL Trigger: Break bottom line 3324
Target 3285, lower is the 3250 area
BUY Trigger: Break and trading above 3333
BUY Trigger: Rejection and confirmation of candle at 3285
Leave your comments on the idea. I am happy to read your views.
Gold bottomed out and rebounded, and gold is still rising!The latest news indicates that Trump has announced a 50% tariff on Brazilian products and a 25% tariff on Indian products, and has firmly stated that the tariffs will take effect on August 1st, with no further grace period. These positive factors will also support a rebound in gold.
As for tomorrow's big non-farm payrolls, considering that both the previous two times were negative and contrary to the ADP, it is very likely to be bullish for gold, which may help boost a steady rebound in gold, so there is no need to worry if you are stuck with gold.
Nothing rises forever, and nothing falls forever. Last week, the market rose in the first half, then fell in the second half. With the first half of this week's decline, the daily chart has already fallen to near the 100-day moving average. Be wary of a rebound in the second half. Gold is bearish today, but don't chase shorts. Focus on the 3300 resistance level. If it breaks above and stabilizes, expect a continued rebound to 3330-3345!
A real-time strategy is like a beacon guiding your investment journey. The market will never disappoint those who persevere and explore wisely. FX:XAUUSD VELOCITY:GOLD FXOPEN:XAUUSD ACTIVTRADES:GOLD PYTH:XAUUSD
Short position profit. Latest strategyYesterday's gold price fluctuated: it maintained sideways fluctuations in the morning and started a downward channel after the opening of the US market. The Federal Reserve's interest rate decision remained unchanged. In addition, Powell's speech suppressed expectations of a September rate cut. The gold price directly fell to around 3267 and closed the day with a negative line, which exceeded expectations.
Looking back at recent trends, gold prices saw a brief correction on Tuesday after four consecutive days of decline, but failed to sustain the upward trend, falling sharply again yesterday, demonstrating that the weak market remains intact. Judging from today's market, theoretically there is still room for further decline, but before yesterday's low is broken, we don't expect a big drop for the time being; if the support here is effective, the market may tend to correct.
Pay attention to the daily resistance near 3315, and try shorting with a light position; the hourly resistance is near 3301, which is also a good position for shorting; the intraday bull-bear watershed is near 3294. If the market falls weakly and rebounds here, there may be a decline. The target below will first look at 3275. If yesterday's low of 3267 is broken, look further to 3250: On the long side, pay attention to the 3249 support below. If it is close to broken, you can try short-term buying.
【Operation ideas】👇
The bearish strategy in the morning remains unchanged. The short position at 3315 was publicly set up in the morning. The market rebounded to 3314 and then went down directly. The idea of setting up short positions at 3301 in the morning session remains unchanged. Friends who did not follow up with the short positions at 3315 can now add short positions with a light position at 3300.
PEPPERSTONE:XAUUSD ACTIVTRADES:GOLD VANTAGE:XAUUSD ACTIVTRADES:GOLD ICMARKETS:XAUUSD VELOCITY:GOLD PYTH:XAUUSD
XAUUSD 4H AnalysisGold is currently in a clear downtrend after failing to hold above the mid-channel. Price is retracing into a potential short zone with confluence from the moving average bands.
Fibonacci Retracement: Price is reacting near the 38.2% level (3,318).
Downside Fibonacci Targets:
1️⃣ 3,249.36 (38.2%)
2️⃣ 3,228.11 (61.8%)
3️⃣ 3,193.73 (100%)
As long as the price stays below the red resistance zone, the bearish momentum is likely to continue toward the lower Fibonacci targets. A break above 3,339 would invalidate the short setup.
Short selling remains the main themeGold hit a low of around 3267 yesterday and fluctuated until closing at 3274. Gold fluctuated upward at the opening today. Currently, gold is fluctuating around yesterday's rebound point of 3305. This is the resistance we need to pay attention to in the short term.
From the 4H analysis, today's short-term resistance is around 3305-3315. If gold wants to rise, it needs to stabilize above 3315. Focus on the 3335 first-line pressure, and rebound to the 3305-3315 resistance area during the day. You can consider shorting and follow the trend to see the decline unchanged, looking towards 3290-3280. Rely on this range to maintain the main tone of high-altitude participation. For the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market.
XAUUSD H2 | Downside Target 3270Gold (XAUUSD) recently rejected from a key resistance zone around 3300, showing strong bearish momentum on the 2H timeframe.
💡 Setup Idea:
• Price broke support → Retest as new resistance ✅
• Clean imbalance left behind → Fills expected 📉
• Target: 3270 zone (300 pips move) 🎯
• Risk-Reward potential is solid for intraday/swing entries.
Trade Plan:
If price holds below 3300, we expect continuation toward the 3270 zone. This area also aligns with previous structure and liquidity grab.
🕐 Timeframe: 2H
📌 Resistance: 3300
🎯 Target: 3270
📍 RR: 1:2+
#XAUUSD #GoldSetup #PriceAction #SmartMoney #FXTrading #TradingView #ForYou
GOLD Breakdown Setup | Clean Sell Targets Ahead!XAU/USD (Gold) Analysis – 2H Timeframe
After a clear rejection from higher levels, Gold has pulled back to retest the broken support zone around 3340–3350, which now acts as a resistance.
If the price sustains below this zone, we can expect a smooth move down toward clean liquidity areas below.
This is a textbook bearish continuation setup. 💥
🔻 Trade Idea – Short Setup:
• Sell Below: 3,340
• Target 1: 3,300
• Target 2: 3,280
• Stop Loss: 3,355 (above resistance zone)
🧠 Confluences:
• Bearish market structure
• Support zone retest
• Trend continuation
• High-impact USD news ahead (watch for volatility)
📅 Key Dates: July 30 – Aug 1
⚡ NY session could trigger the move!