Xauusdshort
Gold Faces Strong Rejection Below $3,365 – Bearish Wave Ahead?Gold is currently trading around $3,359, showing signs of exhaustion after climbing from the $3,248 low. The chart illustrates a textbook scenario of channel rejection after testing the upper boundary of the descending wedge and failing to break above the $3,365–$3,392 resistance zone. Price is now hovering just below the diagonal black trendline, indicating a potential lower high formation and setting up for another bearish wave.
📌 Key Technical Highlights
Resistance Zone: $3,365–$3,392
This area marks the confluence of the black long-term trendline, the top of the descending purple channel, and the previous high at $3,392.
Price attempted a "Possible Retest" as annotated on the chart and is now starting to pull back—showing signs of bearish rejection.
Bearish Scenario (Blue Arrows):
Multiple downward arrows show likely bearish paths if the current resistance holds.
Key short-term targets:
$3,337, $3,320, $3,303, Strong support at $3,293–$3,248
Further downside may test extension levels toward $3,220–$3,200 by early August if momentum builds.
⚠️ Bearish Confirmation Criteria
Failure to close above $3,365 (black trendline)
Breakdown below $3,337 followed by $3,320
Strong selling pressure supported by fundamentals (e.g. USD strength, Fed hawkish stance)
✅ Invalidation / Bullish Outlook
A decisive breakout and close above $3,392.73 would invalidate the bearish structure.
In that case, targets would shift toward:
$3,412, $3,434, $3,490 (long-term trendline intersection)
However, today's U.S. CPI (Consumer Price Index) release adds a layer of volatility and potential trend disruption, making this a high-risk trading day.
📊 CPI News Impact – What to Watch
High CPI (Stronger than forecast):
- Increases expectations of further Fed tightening → strengthens USD → bearish for gold
- Likely scenario: sharp drop toward $3,337 → $3,320 → $3,293
Low CPI (Weaker than forecast):
- Signals disinflation → weakens USD → bullish for gold
- Possible breakout above $3,365 → retest of $3,392 → if broken, target $3,412 and $3,434
Neutral or as expected CPI:
- Likely leads to whipsaw — fakeout on both sides
- Caution advised — wait for candle close confirmations post-news
Note
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Technical Analysis - Gold Rejected at ResistanceGold is currently trading around $3,341 after facing a strong rejection from the $3,438 resistance area. This rejection coincided with the upper boundary of the trend channel and the main resistance zone, which also aligns with the Fibonacci 0.5–0.618 retracement levels. After the rejection, price fell below the descending trendline, indicating that short-term sellers have taken control.
On the downside, the immediate support sits at $3,324, which has acted as a short-term bounce level. A break below this could push gold lower toward $3,281 and potentially $3,254, which are key Fibonacci extension support levels. On the upside, the immediate hurdle is at $3,355–$3,360 (descending trendline). A breakout above this area will be critical for any bullish recovery attempt toward $3,381–$3,394 and eventually $3,420–$3,438.
At the moment, the short-term trend remains bearish because gold is trading below the descending resistance and showing lower highs. However, as long as gold holds above the $3,254 support zone, the medium-term structure remains neutral to bullish, giving bulls a chance if momentum shifts again.
Last week candle is pin bar bearish candle which is showing bearish momentum at the moment. The candle shows rejection near $3,400–$3,450, aligning with the triangle’s upper resistance trendline. If gold cannot reclaim and hold above last week’s high, price may drift lower to retest support zones around $3,248–$3,150 before another breakout attempt.
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 Awaits Fed Rate Decision – Key Levels & Volatility AheadGold is currently trading near $3,332, showing a minor recovery after recent downward momentum. The price action on the 1-hour chart highlights a short-term ascending structure, which often acts as a corrective move rather than a strong bullish trend. The market previously saw significant selling pressure from above $3,355–$3,360, creating a short-term supply zone. Unless the price breaks and holds above this zone, the overall momentum remains bearish.
The chart also shows a projected price path where gold could push slightly higher toward $3,355, meet resistance, and potentially reverse downward again. Key support lies at $3,320, and if this breaks, we could see gold testing $3,290–$3,280 levels, aligning with the black trend line support. However, if bulls manage to break above $3,360, it would signal potential upside continuation toward $3,380–$3,400.
Key Points
- Key Resistance Levels: $3,355 and $3,360 (critical supply zone).
- Key Support Levels: $3,320 (short-term), followed by $3,290–$3,280 (major trendline support).
- Expected Short-Term Move: Possible push toward $3,355 → rejection → decline back toward $3,320 and possibly $3,290.
Bullish Breakout Scenario: A strong close above $3,360 could push price toward $3,380–$3,400.
Overall Bias: Bearish while trading below $3,360.
4hr Chart
Price remains under pressure below the descending trendline. A small pullback toward $3,345–$3,350 is possible, but as long as price stays under this resistance, the bias remains bearish with potential downside targets around $3,300–$3,280.
Key Levels:
- Resistance: $3,350 → $3,381 → $3,394
- Support: $3,324 → $3,281 → $3,254
Today’s FOMC interest rate decision is a key driver for Gold. Here’s the quick analysis:
- If Fed Hikes Rates or Maintains Hawkish Tone:
- Strong USD likely → Gold could face more selling pressure.
- Key support zones: $3,324 – $3,300, then $3,281 and $3,254.
- If Fed Pauses or Turns Dovish:
- Dollar weakens → Gold may bounce toward resistance zones.
- Upside levels: $3,355 – $3,360 and higher toward $3,381 – $3,394 (Fib levels).
Expect high volatility; $3,300 is a critical support to watch. A dovish Fed may give Gold short-term relief, but a hawkish stance could accelerate the downtrend.
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 Price Update – Bearish Flag Signals Possible Drop AheadGold is currently trading around $3,324, showing consolidation after a recent decline from the $3,345 region. The chart shows a bearish flag pattern forming after the sharp drop, indicating potential continuation of the downtrend. If gold fails to break above this region, sellers may push the price lower towards $3,301 and possibly $3,275.
The descending trend line adds further bearish pressure, limiting upside momentum unless gold decisively breaks and holds above $3,345. Overall, gold remains under short-term bearish sentiment, with the focus on support retests. Any bullish momentum will only be confirmed if the price closes above the flag and trendline resistance.
Key Points
Resistance Zones: $3,328 (0.618 Fib), $3,345 (flag top).
Support Zones: $3,301 (Fib base), $3,284, and $3,275 (bearish extension).
Trend Outlook: Short-term bearish unless price breaks above $3,345 with volume.
Bearish Targets: $3,301 → $3,284 → $3,275.
Bullish Invalidations: Break and close above $3,345 may shift bias to bullish.
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!
The Federal Reserve maintains a neutral stanceAs the Federal Reserve maintains its neutral monetary policy stance despite acknowledging slowing economic growth, the gold market is attempting to reclaim the $3,300 per ounce mark.
As expected, the Fed kept interest rates unchanged, maintaining them within a range of 4.25% to 4.50%. The most notable change in the Fed's monetary policy statement was a slight downward revision of its assessment of the economy, noting that growth in the first half of the year slowed from the "solid pace" seen in June.
In its monetary policy statement, the Fed stated: "While volatility in net exports continues to impact the data, recent indicators suggest that the growth of economic activity has moderated somewhat in the first half of the year."
The market's initial reaction to the Fed's statement was renewed volatility in gold prices. On Wednesday (July 30), spot gold closed at $3,274.88, down $51.47, or 1.55%, with an intraday low of $3,268.02. In early Asian trading on Thursday, spot gold rebounded to around $3,296, putting it within reach of the previous support level of $3,300.
While the Federal Reserve maintained its neutral monetary policy stance, dissent began to emerge within the committee. Fed Governors Bowman and Waller both voted in favor of a rate cut at this meeting.
However, analysts noted that the split vote was unsurprising, as both committee members had been outspoken about their dovish views.
With the Fed's decision unsurprising, Michael Brown, senior market analyst at Pepperstone, predicts the Fed will be slightly more hawkish this year than the market currently anticipates.
Despite the Fed's current neutral stance, the market still expects the Fed to cut interest rates twice this year, starting as early as September.
"My baseline forecast remains that the resilient nature of the labor market and continued tariff-induced price pressures will keep the Fed on the sidelines for now," Brown said. "My view remains that only one 25 basis point rate cut is likely this year, likely at the December meeting." OANDA:XAUUSD ACTIVTRADES:GOLD EIGHTCAP:XAUUSD FOREXCOM:GOLD EIGHTCAP:XAUUSD
Is the gold correction over?✏️Yesterday's D1 candle closed above the Breakout 3363 zone. This shows that the buyers in the US session are still strong. There is a possibility of a liquidity sweep in the Tokyo and London sessions, then in the New York session, Gold will recover and increase again. The uptrend is really broken when Gold confirms a close below 3345. In this case, we have to wait for 3320 to confirm the BUY point. The gold uptrend at this time also needs new momentum to be able to move towards ATH 3500.
📉 Key Levels
Support: 3345-3320
Resistance: 3373-3418
Buy zone: 3345 (bullish wave structure maintained); BUY DCA break 3373
Buy zone: 3320 (Strong support zone)
Target: 3417
Leave your comments on the idea. I am happy to read your views.
XAUUSD – 4H Short Setup AnalysisGold (XAUUSD) has broken below the dynamic support zone of the Keltner Channel structure and is currently trading beneath the 200 EMA zone, signaling bearish momentum. Price has rejected the upper resistance band near 3385, forming a lower high and triggering a short entry at the 38.2% Fibonacci retracement zone.
📉 Trade Idea (Short Bias)
Entry: Around 3360
TP1: 3317 (key support zone)
TP2: 3275 (38.2% Fib ext)
TP3: 3208 (100% extension target)
SL: 3385 (61.8% Fib retracement)
Confluences:
Price rejection from upper channel
200 EMA trend resistance
Clean bearish structure with momentum confirmation
Fib confluence adds precision to entry and target levels
If momentum sustains below 3360, further downside is likely toward the 3200 zone.
Be cautious with the numerous news and short sell on rebound#XAUUSD
The market is fluctuating sideways, and whether it can achieve a V-shaped reversal still needs to wait for information such as ADP and the Federal Reserve's decision.🗞 Invest lightly today and avoid letting emotions dictate your thinking.⚖️
⚠️Although the market currently predicts that the news information is bullish for gold, and most of the trading voices are centered around bulls, we still need to be wary of the resistance area above 3345-3350.
📉Judging from the daily chart, I have clearly stated in the figure before that the current trend is a converging triangle. If the price hits the triangle boundary, coupled with the interference of external news, it may trigger panic selling, killing a wave of long buyers first🐂, and then trigger an upward trend when it retreats to near the 3300 support level, and may even test the support level of 3285. 🩳
The 4H chart shows that although the rebound momentum is still continuing📈, the gold price is still below the short-term moving average and has only recovered the lower support level. It is necessary to wait for a second retracement confirmation to determine whether a true trend reversal has been achieved. 📈
In addition, the price on the hourly chart continues to run in a downward channel. Combined with the previous trend pattern, after the rebound correction at the 4H level is completed, it is highly likely that the downward trend will continue to return to the lower support level of the daily level.🐻
If resistance is encountered at 3345-3350 for the first time today, consider shorting.💡
If the price currently retreats to around 3320-3315, consider a short-term long position. Long positions held yesterday can be manually closed at around 3330.💡
🚀 SELL 3340-3350
🚀 TP 3330-3320-3300
🚀 BUY 3320-3315
🚀 TP 3330-3340
Bearish Gold Outlook — Potential Flash Crash Imminent🔻 Technical Structure – Bearish Breakdown Brewing
Lower highs and lower lows forming on the daily and 4H timeframes — classic downtrend mechanics.
Price has rejected multiple times near $3,400–3,430, forming a strong resistance ceiling.
Support at $3,280–3,300 has been tested too many times— and each bounce is weaker. When support holds with less conviction, it's often about to break.
Volume spikes on red candles show smart money is exiting on down moves — signs of institutional distribution.
The **tightening consolidation range** looks like a **descending triangle** — usually resolves downward.
If $3,280 breaks, expect a **liquidity event**. Stops get swept, leading to a **sudden acceleration — possibly a flash crash** to $3,200 or lower.
🌍 **Fundamental Drivers – Macro Picture Is Turning Hostile for Gold**
1. Real Yields Are Climbing
U.S. real yields are up as inflation fades and the Fed stays hawkish.
Gold, being yieldless, suffers when investors can get positive returns from bonds.
2.The Dollar Is Gaining Strength
DXY is pushing higher, fueled by strong U.S. data and weak peers (euro, yen).
Gold priced in USD becomes more expensive globally — this suppresses demand.
3. **Rate Cuts Are Off the Table — or Delayed**
Market is pricing fewer and later rate cuts from the Fed.
This removes one of gold’s biggest bullish catalysts from earlier in the year.
4. Geopolitical Fear Is Cooling
No major escalation in Ukraine, Middle East, or Taiwan.
Without fear, gold loses its safe-haven premium.
5. Central Bank Buying May Have Peaked
Recent data from WGC shows some slowing in central bank accumulation.
If this institutional bid softens, gold could drop hard — few natural buyers remain above $3,300.
⚠️Conclusion: Gold Is Walking a Tightrope
The chart is a staircase down.
Macro fundamentals are no longer supportive.
A clean breakdown below $3,280 could trigger a **chain reaction** of automated selling and margin calls — **a flash crash is on the table**.
This isn’t just a correction — this feels like the calm before the storm.
Interest rates unchanged, sticking to my bearish idea.Look at my other posts and you''ll understand as to why, I was telling everyone to sell. There was a small sellers trap, we pushed up, at that moment I already had closed my positions. Now we go down to the other key levels. I'm done till the end of August. Will still post my setups, but won't take any trades. Stay safe and keep your funds safe. Hella Love!
Gold Alert: Key Levels for Potential Sell Setup!Good morning, my friends 🌞
Here’s today’s gold analysis. I'm expecting a decline in gold prices, specifically from the 3,383–3,420 level.
Once a correction starts around that zone, my target will be 3,310. Gold has been riding a strong uptrend, and if we reach those levels, I’ll be expecting a pullback and opening a sell position accordingly.
Please set your stop loss based on your personal margin preferences.
Your likes and support are my biggest motivation for continuing to share these analyses. Thank you to everyone showing appreciation 🙏
Scalping Sell Setup – Trendline Break & Pullback Confirmation📉 Scalping Sell Setup – Trendline Break & Pullback Confirmation
Posted earlier – trade progressing as planned.
As shared in the previous chart, a Sell scalp position was executed based on the trendline break followed by a pullback retest.
Three Take-Profit levels were marked and the price is moving in line with the forecast. ✅
🟢 TP1 Hit
🟢 TP2 Reached
🔵 TP3 in progress
📌 The setup remains valid, and as long as structure holds below the retested trendline, the bearish bias continues.
We will monitor price action near TP3 zone for final exit or trailing stop update.
> Analysis worked perfectly so far – let’s see if TP3 gets cleared soon. 🔍💥
Gold: ADP, Fed & Key Resistance Gold has been range-bound today—let’s focus on the impact of the ADP data and Fed rate decision ⚠️.
Key resistance lies around 3345-3350 📍: a breakout could fuel further upside 📈, while a rejection may trigger an oscillating pullback 📉
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Buy@ 3325
🚀 TP 3333 - 3339 -3344
Daily updates bring you precise trading signals 📊 When you hit a snag in trading, these signals stand as your trustworthy compass 🧭 Don’t hesitate to take a look—sincerely hoping they’ll be a huge help to you 🌟 👇
Accumulation pattern awaiting breakout confirmationIntraday Outlook: Accumulation pattern awaiting breakout confirmation
On the 1H timeframe, XAUUSD is forming a clear consolidation pattern within a narrow ascending channel after falling from a prior distribution zone. Buyers are attempting to regain control, but strong resistance remains around the 3,339 – 3,347 USD area.
1. Technical Breakdown:
Trendline & Channel: Price is currently moving inside a small rising channel, indicating a short-term bullish bias, though momentum remains limited.
EMA Dynamics: EMA 20, 50, and 100 are beginning to converge, signaling a potential breakout. A bullish EMA crossover (EMA20 > EMA50) could confirm stronger upward momentum.
Disputed Area: This zone represents heavy indecision between bulls and bears. A clear breakout above or below is needed for directional clarity.
Fibonacci Level: The 0.874 retracement level from the recent low shows strong buyer interest, potentially forming a short-term bottom.
2. Key Support & Resistance Levels:
3,339.2 USD Major resistance – needs to be broken for bullish continuation
3,347.4 USD Next resistance if breakout occurs
3,328.2 USD Immediate support (current price zone)
3,326.7 USD Strong support if price retraces
3. Suggested Trading Strategies:
Scenario 1 – Breakout Buy Strategy:
Entry: Buy if price breaks and closes above 3,339.2 USD on the 1H chart.
Stop Loss: Below 3,328 USD.
Take Profit: First target at 3,347, extended targets at 3,358 and 3,372 USD.
Scenario 2 – Pullback Long Entry:
If price fails to break resistance, consider buying the dip near the 3,326 – 3,328 USD support zone for a better risk-reward setup.
Scenario 3 – Breakdown Sell Setup:
If price breaks below 3,326 USD and exits the channel, a bearish move towards 3,295 – 3,300 USD becomes likely.
Gold is in a key consolidation phase, with the 3,339 USD resistance acting as the decisive breakout zone. Traders should closely monitor price action, volume, and EMA behavior to catch the next directional move.
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Gold Price Analysis July 30Gold (XAUUSD) Consolidating in a Triangle Pattern – Preparing for a Big Breakout
Currently, gold is moving within a triangle consolidation pattern, reflecting the market’s indecision as investors await a series of important economic data from the US this week. This hesitation suggests that a breakout from the triangle pattern could trigger a strong FOMO effect, creating a significant price movement in either direction.
The current price action is similar to a “bull flag” or “pennant” pattern, where a breakout could lead to a clearer and more decisive trend. If the support zone in the pattern fails to hold, the possibility of a sell-off is high.
Trading scenario:
🔻 Activate SELL order:
When price breaks the triangle bottom around 3324
Downside target: 3285, further is the strong support zone at 3250
🔺 Activate BUY order:
When price breaks and holds above the resistance zone 3333
Or: when there is a bearish rejection signal and candle confirmation at the area 3385
XAUUSD. MINOR UPWARDS CONSOLIDATION BEFORE THE NEXT MOVE.XAUUSD. MINOR UPWARDS CONSOLIDATION BEFORE THE NEXT MOVE.
XAUUSD rebounded from local support level of 3,300.00 and attempted to develop some bullish momentum here yesterday. However, the price went into consolidation, showing us the weakness of this short-term bullish rebound. RSI shows the bearish divergence, the price is ready to drop. Of course, fundamentals of last couple of days don't favor this asset either. The decline towards support level of 3,300.00 is expected.
XAU/USD (Gold Spot vs US Dollar) Technical Analysis – 4H Char🔍 XAU/USD (Gold Spot vs US Dollar) Technical Analysis – 4H Chart
Based on my shared image from TradingView, here's a detailed analysis of the current XAU/USD market scenario:
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🧩 Chart Type & Indicators Used
Timeframe: 4-Hour (H4)
Platform: TradingView
Indicators:
Ichimoku Cloud
Bollinger Bands (BB)
Support/Resistance zones
Trendlines
Price Action with Target Points Marked
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📉 Current Market Structure
Price: ~$3,324 (Sell/Buy zone shown)
Overall Trend: Turning bearish in the short term.
Price Action:
Price has broken below an ascending trendline, suggesting a shift from bullish to bearish momentum.
The price is trading below the Ichimoku cloud, reinforcing a bearish bias.
Failed retest of the cloud resistance zone (around 3,335–3,340), which now acts as a resistance.
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🔻 Bearish Signals
1. Trendline Break:
The rising trendline support (mid-July to now) is broken.
This indicates a potential reversal from the previous bullish momentum.
2. Retest & Rejection:
Price attempted to retest the breakdown zone and was rejected from the 3,335–3,340 level.
3. Ichimoku Cloud Bearish Setup:
Price is clearly below the cloud.
Future cloud is bearish (red shaded).
Chikou Span (lagging line) is below price candles and cloud.
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🎯 Targets
First Target Point: ~3,300
This is the next horizontal support level (near recent lows).
Final Target Point: ~3,270
Stronger support zone and measured move from breakdown.
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🛡 Resistance Zone
Immediate Resistance: 3,335–3,340
Stronger Resistance: 3,370
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📌 Conclusion
The XAU/USD 4H chart shows a bearish breakout below the rising channel, with confirmation from Ichimoku and price rejection at cloud resistance. The market is targeting 3,300 as the first support, and if that breaks, 3,270 will likely follow.
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✅ Strategy Suggestion (if trading):
Bias: Short/Sell
Entry: After a weak pullback or retest near 3,330–3,335
Targets:
TP1: 3,300
TP2: 3,270
Stop Loss: Above 3,345 or near 3,350 zone
Let me know if you'd like this in simpler terms or want me to track the next setup.
XAUUSD analysis - 1H FVG and OB setupsOn the 1H timeframe, price is currently approaching two key supply zones (OB 1H):
🔴 First OB zone: around 3354 – 3360
🔴 Second OB zone: around 3368 – 3370
We're watching these zones for potential short setups, only with confirmation on the lower timeframes (5M or 3M).
If price reacts to one of these OBs, we expect a move down toward the green 1H demand zone around 3280 – 3290, where a long setup may later form.
📌 Key scenarios:
1️⃣ Price hits the first OB → confirmation → short
2️⃣ Price moves to the second OB → confirmation → short
3️⃣ Target for both setups = green OB around 3280
4️⃣ No entry without confirmation from LTF
❗️ Do NOT enter without lower timeframe confirmation.