7/18: Watch 3343 Resistance, Guard Against Break Below 3323Good morning, everyone!
Yesterday, gold broke below the 3337 support after consolidating there, driven lower by bearish data, and eventually reached the 3323–3312 support zone. A rebound followed, and price has now returned above 3323, which also aligns with the daily MA60.
📌 Key Levels to Watch Today:
Resistance: 3343 / 3352–3358
→ A sustained break above 3343 opens the door for a potential move toward 3366 / 3372–3378;
Support: 3323 / 3312
→ If price remains capped below resistance and weekly close is under 3323, it will signal bearish structural pressure for the medium term.
📌 Trading Strategy:
Trade flexibly within the range of 3358–3343–3332–3323–3312
📌 Important Reminder:
If today’s closing price is below 3323, and you're planning to hold positions over the weekend, it’s safer to lean short. While we can’t predict weekend news, technically, bears have the upper hand, so risk control is essential.
Xauusdtrading
XAU/USD Chart Analysis: Volatility at a Yearly LowXAU/USD Chart Analysis: Volatility at a Yearly Low
The daily chart of XAU/USD shows that the Average Directional Index (ADX) has reached its lowest level since the beginning of 2025, indicating a significant decline in gold price volatility.
Yesterday’s release of the US Producer Price Index (PPI) initially triggered a sharp spike in gold prices, but the gains were short-lived, with the price quickly reverting to previous levels. This price action aligns with a broader market narrative of equilibrium—where supply and demand are in relative balance, and the market appears to be efficiently pricing in key influencing factors, including geopolitical tensions and tariff-related developments.
However, this fragile balance may soon be disrupted.
Technical Analysis of XAU/USD
From a broader technical perspective, gold remains within a long-term ascending channel (highlighted in blue) in 2025. Key observations include:
→ Attempts to rebound from the lower boundary of the channel (marked with arrows) lack conviction. Bulls are not capitalising on these opportunities to reignite the uptrend, suggesting a potential exhaustion of buying interest.
→ A trendline drawn across the major highs of 2025 has proven to be a strong resistance level. All recent breakout attempts have failed at this barrier.
As a result, the XAU/USD chart is showing signs of forming a large-scale triangle pattern, with its axis centred around the $3,333 level. If bulls continue to falter in extending the multi-month rally, it could encourage bears to challenge the lower boundary of the ascending channel, increasing the risk of a downside breakout.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Gold (XAU/USD) Premium Technical Outlook - 18 July 2024As gold continues to trade near record highs, the market’s current price action around $3,336–3,340 demands a sharp, disciplined technical view. This premium analysis combines price action, Fibonacci techniques, institutional concepts (ICT and Smart Money Concepts), and advanced supply–demand dynamics to identify actionable trade opportunities.
We anchor on the 4-hour timeframe for directional bias and zoom into the 1-hour chart for precision intraday setups.
📊 4‑Hour Timeframe: Structure and Directional Bias
Gold remains in a clear bullish structure on the 4-hour chart, as evidenced by sustained higher highs and higher lows. The most recent bullish Break of Structure (BOS) occurred above the $3,320–3,325 level, confirming buyers’ control for now.
Currently, price hovers near equilibrium at the 61.8% Fibonacci retracement, testing prior resistance as potential support. This zone aligns with a small fair value gap (FVG), reinforcing it as an area of interest for smart money participants.
Key 4H Levels to Watch
Level Significance
$3,360–3,365 Major supply zone & bearish OB
$3,350–3,355 Minor resistance
$3,337–3,340 61.8% Fib / equilibrium
$3,330–3,333 BOS retest & key support
$3,300–3,310 Strong demand zone & bullish OB
$3,285–3,295 Secondary demand zone below BOS
The directional bias on 4H remains neutral-to-bullish, contingent on price holding above $3,300. A clean break and close above $3,360 could open a path to $3,400–3,420, while a sustained drop below $3,300 would mark a change of character (CHOCH) and shift bias to bearish.
🪙 Institutional Concepts in Play
Order Blocks (OB): Strong bullish OB sits at $3,300–3,310, while a bearish OB dominates at $3,355–3,365.
Fair Value Gaps (FVG): On the bullish side, $3,300–3,315 remains unfilled; on the bearish side, $3,330–3,345 caps rallies.
Liquidity Grabs: Dips toward $3,295–3,300 appear to sweep sell-side liquidity, while spikes above $3,360 tap into resting buy stops.
The area around $3,330 remains a key battleground where smart money likely accumulates positions before the next impulsive move.
⏳ 1‑Hour Timeframe: Intraday Trade Setups
On the 1-hour chart, the market is compressing between a bullish order block and bearish supply. Price action shows evidence of short-term liquidity sweeps and reactions to imbalances, offering two clear scenarios for intraday traders.
📈 Setup A – Bullish Zone Bounce
Entry: Buy limit at $3,332–3,333
Stop-loss: Below $3,328
Take-Profit 1: $3,345
Take-Profit 2: $3,355
Rationale: Confluence of 4H demand, Fib retracement, BOS retest, and 1H bullish order block.
📉 Setup B – Supply Rejection Short
Entry: Sell limit at $3,355–3,360
Stop-loss: Above $3,365
Take-Profit 1: $3,337
Take-Profit 2: $3,330
Rationale: Price into 4H bearish OB, aligning with supply and stop runs above recent highs.
🌟 The Golden Setup
Among these, the Bullish Zone Bounce at $3,332–3,333 stands out as the highest-probability trade. This level represents maximum confluence:
Retest of 4H BOS.
Bullish OB on 1H.
61.8% Fibonacci support.
Unmitigated fair value gap.
This setup offers a favorable risk–reward profile with clear invalidation and multiple upside targets.
🔎 Summary Table
Bias Key Support Zones Key Resistance Zones
Neutral-to-bullish $3,300–3,310, $3,330–3,333 $3,350–3,355, $3,360–3,365
Intraday Setups Entry Zone Stop-Loss Take-Profit Targets
Bullish Zone Bounce 🌟 $3,332–3,333 < $3,328 $3,345 / $3,355
Supply Rejection Short $3,355–3,360 > $3,365 $3,337 / $3,330
📣 Final Word
Gold maintains a structurally bullish outlook above $3,300, with strong institutional footprints evident in the $3,300–3,333 demand zones. Traders should remain vigilant around $3,360, where sell-side liquidity and supply are concentrated.
The Golden Setup — a bullish bounce from $3,332 — offers the best confluence and statistical edge intraday.
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.
7/16: Will Gold Reclaim 3350 or Fall to 3250?During today’s session, gold briefly broke through the 3352–3358 resistance zone, but due to news-driven pressure during the pullback, bullish momentum weakened, and the price retreated to the MA60 support level on the daily chart.
Given the significant retracement, there is a possibility that a short-term bottom may form during the upcoming Asian session, potentially leading to a retest of the 3337-3343/3352-3358 resistance area:
If the price breaks above this zone and holds above it after a pullback, the bullish trend could resume;
However, if it fails to break through or is rejected again, caution is warranted, as this could signal a larger-scale downtrend on the weekly chart, possibly targeting the 3250 area.
7/15: Watch for Long Opportunities Around 3343 / 3332–3326Good morning, everyone!
Yesterday, gold rose into the resistance zone before pulling back, testing support around 3343. After today’s open, the price continues to consolidate near this support level.
On the 30-minute chart, there is a visible need for a technical rebound, while the 2-hour chart suggests that the broader downward movement may not be fully completed. The MA60 support area remains a key level to watch.
If support holds firm, the price may form a double bottom or a multi-bottom structure, potentially leading to a stronger rebound.
As such, the primary trading strategy for today is to look for long opportunities on pullbacks, with key levels as follows:
🔽 Support: 3343, and 3332–3326 zone
🔼 Resistance: 3352–3358, followed by the 3372–3378 upper resistance band
"Gold at a Crossroads! Bullish or Bearish? (Trade Plan)"🦹♂️💰 "Gold Heist Alert: XAU/USD Bullish Raid or Bearish Ambush?" 💰🦹♂️
🌍 Greetings, Market Pirates & Profit Raiders! 🌍
(Hola! Oi! Bonjour! Hallo! Marhaba!)
Based on the 🔥Thief Trading Method🔥, here’s our strategic heist plan for XAU/USD (Gold vs. Dollar). Follow the chart markings for high-probability loot zones—whether you're a bullish bandit or a bearish burglar! 🏴☠️💸
🎯 Entry Strategy (Where to Strike)
"The treasure is ripe for taking! Breakout = GO TIME!"
✅ Long Entry (Bullish Raid): Jump in at current levels if the uptrend holds.
✅ Short Entry (Bearish Ambush): Wait for a break & close below 3280.00 (confirms downtrend).
🛑 Stop Loss (Escape Route)
🚨 For Bulls: Bail out if price hits 3240.00 (SL tightens if trend strengthens).
🚨 For Bears: Retreat if price surges past 3360.00 (only activate SL post-breakout!).
🎯 Take Profit (Loot & Scoot!)
💰 Bullish Thieves: Aim for 3600.00 (or exit early if momentum fades).
💰 Bearish Bandits: Target 3125.00 (or escape before the cops—err, reversal—arrives).
📡 Market Intel (Why This Heist?)
Gold’s in a neutral zone (but bulls have the edge! 🐂📈). Key factors:
Macroeconomic shifts
COT data clues
Sentiment & seasonal trends
(Full breakdown in the chart notes—klick the 🔗! 🔍🌐)
⚠️ Danger Zones (News & Risk Control)
🚨 High-Impact News = NO NEW TRADES!
🚨 Protect open positions: Use trailing stops to lock in profits.
🚨 Adjust SLs if volatility spikes!
💥 Boost the Heist! 💥
Like & Share to fuel our next market robbery! 🚀💰
Follow for more lucrative trade setups—coming soon! 👀🔥
🎯 Trade Smart, Steal Smarter! 🦹♂️💎
Trump's tariff news stimulates gold to explode!
📌 Driving Events
Gold prices rose for the third consecutive day and are expected to close higher this week. The trend turned in favor of gold buyers as tariff tensions intensified. US President Trump announced new tariffs, exacerbating concerns about a trade war.
📊Personal Comments:
Signs of instability in Trump's trade policy have once again hit investor confidence, reviving safe-haven demand for gold. In the absence of any top US economic data, the market will continue to focus on trade headlines. Weekend fund flows may also drive gold price movements.
⭐️Set Gold Price:
🔥Sell Gold Area: 3360-3369 SL 3374
TP1: $3355
TP2: $3342
TP3: $3325
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose a lot size that matches your funds
The weekend closed higher to around 3360
📌 Driving Events
Gold prices (XAU/USD) were on track to rise for the third consecutive day on Friday, climbing to the upper limit of this week's trading range as escalating trade tensions fueled safe-haven demand. Amid a significant intensification of global trade disputes, U.S. President Donald Trump this week sent formal notices to multiple trading partners detailing individual tariff rates that will take effect on August 1 if no agreement is reached. This has disrupted investor sentiment, weighed on risk assets, and provided solid support for gold.
Meanwhile, expectations of an imminent rate cut by the Federal Reserve (Fed) have cooled after last week's strong U.S. jobs data. As a result, the U.S. dollar (USD) remained firm, holding near more than two-week highs set on Thursday. A stronger dollar could limit upside for the non-yielding gold in the short term. Therefore, traders could look for a sustained breakout before going further bullish on the XAU/USD pair.
📊Personal comments:
Gold price broke through 3330, maintained good buying pressure, and rebounded over the weekend
⭐️Set gold price:
🔥Sell gold area: 3367-3369 SL 3374
TP1: $3355
TP2: $3342
TP3: $3325
🔥Buy gold area: $3306-$3308 SL $3301
TP1: $3315
TP2: $3325
TP3: $3338
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose a lot size that matches your funds
7/9: Focus on Selling Gold on ReboundsGood evening, everyone!
Apologies for the late update today—I had some matters to attend to. I hope your trades are going smoothly.
Yesterday, gold found support around 3284 and continued to rebound during today’s session, reaching as high as 3330. The key resistance at 3321 has now been broken and is currently acting as a short-term support level. However, based on the current price structure, this level is likely to be retested multiple times, and some consolidation may follow.
The next major resistance lies between 3337 and 3343. In the absence of strong bullish momentum, the preferred short-term strategy remains selling on rebounds, especially near resistance zones.
⚠️ Additionally, the U.S. Initial Jobless Claims data will be released during the New York session tonight, which may cause increased volatility and potentially whipsaw price action. Be cautious with position sizing, and avoid emotional trades or chasing price action during news releases. Patience and discipline will be key.
XAUUSD Reaching Supply ZoneXAUUSD is reaching a supply zone. There resides a good S&R level. We can expect gold to hit supply zone and follow the sell trend again. The strength of the gold is saying the same. The other possibility might be gold may break S&R level and go higher. Sellers are in stronger position and we may see higher probability percentage for sell.
Gold Recovery Trade As gold moved around 500 pips on last day. The pull back seems good and this trade's possibility will be good and a good Risk Reward ratio. Keep your risk small if you want to take the trade. This isn't an investment advice this is a probability analysis. Which according to market structure seems good.
Gold Wants to Go lowerSee my previous analysis for gold I described I will take the low and has taken already. now the daily candle shown good sell. today there are two possibilities. Either gold will have pullback or will go further in sell. I have given both possibilities in my analysis.
For Pull Back: It may take the previous day low and then retraces back to 4 hour FVG or to the order block residing at 3324.
For Further sell : It may pull back to 4 hour FVG and then goes back to take previous day low.
7/9: Failure to Break Above 3321 May Lead to a Drop Toward 3220Good morning, everyone!
Yesterday, gold tested support and attempted a rebound but failed to break through resistance, followed by a second leg down that broke the support zone, invalidating the potential inverse head-and-shoulders pattern and resulting in a drop below the 3300 level.
On the daily (1D) chart, price has now broken below the MA60, signaling a further confirmation of the bearish structure.
However, due to the sharp drop, a double bottom or multi-bottom structure is forming on the 30-minute chart, which may be building momentum for a potential test of the 3321 resistance zone.
📌 Key focus areas:
If 3321 is broken and held, there is room for a short-term rebound to extend;
If 3321 holds as resistance, the current rebound is likely a short-selling opportunity.
Technically speaking, without the support of bullish news, if gold fails to reclaim and sustain above 3321, there is a strong chance of a further move lower—potentially down to 3220, where the weekly MA20 is located. A deeper decline could even test the 3200–3168 support zone.
📉 Therefore, the primary trading bias remains bearish, with sell-on-rebound as the preferred strategy until a stronger bullish signal emerges. Monitor the 3321 zone closely for direction confirmation.
Bearish pressure below 3,300 at the start of the week
📌 Driving Events
Gold prices (XAU/USD) faced renewed selling pressure in early Asian trading on Monday, falling to the $3,320 level. Gold's pullback came as stronger-than-expected U.S. nonfarm payrolls data for June reshaped market expectations for the Federal Reserve's (Fed) policy path. Investors are now turning their attention to the Federal Open Market Committee minutes, which will be released on Wednesday, for further guidance.
The U.S. added 147,000 jobs in June, better than expected and slightly higher than the revised 144,000 in May. Meanwhile, the unemployment rate remained stable at 4.1%. These data reinforce the view that the labor market remains resilient, reducing the likelihood of an imminent rate cut by the Federal Reserve. As a result, the U.S. dollar strengthened, weighing on non-yielding assets such as gold.
📊Comment Analysis
The decline at the beginning of the week, gold prices give up accumulation below 3300
💰Strategy Package
⭐️Set gold price:
🔥Sell gold area: 3337-3339 SL 3344
TP1: $3328
TP2: $3312
TP3: $3300
🔥Buy gold area: $3297-$3295 SL $3290
TP1: $3308
TP2: $3320
TP3: $3330
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
GOLD (XAUUSD): Potential Scenarios Explained
Here is my updated technical outlook for Gold with potential scenarios.
Bullish Scenario
The price is currently testing a significant daily resistance cluster.
Its bullish breakout and a daily candle close above 3368 will
provide a strong confirmation.
More growth will be expected then.
Bearish Scenario
For now, the market is consolidating on the underlined resistance.
The price is stuck within a horizontal range on a 4H time frame now.
Your bearish signal will be a breakout of its support and a 4H candle
close below 3310.
It will provide a strong bearish confirmation.
The market might be weak and remain within a 4H range today.
But, everything can happen, so watch carefully.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
7/4: Trade Within the 3313–3346 RangeGood morning, everyone!
Yesterday’s intraday trades delivered solid profits. Since the U.S. market will be closed today, news-driven volatility is expected to be limited. Therefore, today’s trading focus will primarily revolve around technical setups.
Current structure:
Key support: 3321–3316
Immediate resistance: 3337–3342, followed by 3360
If support holds and resistance breaks, a potential inverse head-and-shoulders pattern may form on the 4H chart, with the next target near 3380
If support breaks, focus shifts to the 3303–3289 support zone
Given the likelihood of range-bound price action today, the suggested intraday range is 3313–3346, with a preference for selling near resistance and buying near support.
If an upside breakout occurs, consider using the MA20 on the 30-minute chart as a guide for pullback entries.
Gold grows, recovers near 3390
📣Gold News
Gold prices edged higher during the North American trading session as investors turned their attention to the upcoming U.S. non-farm payrolls report (NFP), which could influence the Fed's next policy move.
The latest labor data showed that companies are pausing hiring rather than laying off employees, reflecting caution in an uncertain economic environment. Meanwhile, Microsoft's decision to lay off 9,000 employees has heightened concerns about a weak labor market.
Traders are currently awaiting the official employment report from the U.S. Bureau of Labor Statistics on Thursday, which is expected to show 110,000 new jobs in June, down from 139,000 in May. The unemployment rate is expected to rise slightly to 4.3%, still within the 4.4% range of its forecast according to the Fed's latest summary of economic projections.
📣 Technical Analysis
NF is worth buying before the news release, holding. The dollar continues to be under selling pressure from investors worried about the Trump administration's erratic tariff policy.
💰Set Gold Price:
💰Sell Gold Zone: 3390-3398 SL 3405
TP1: 3380 USD
TP2: 3363 USD
TP3: 3350 USD
💰Buy Gold Zone: 3296-3294 USD SL 3289 USD
TP1: 3308 USD
TP2: 3318 USD
TP3: 3330 USD
⭐️Technical Analysis:
Set reasonable buy orders based on technical indicators EMA 34, EMA89 and support and resistance areas.
This is the reason why gold suddenly "changed its face"!
📣 Gold News
Spot gold closed up $28.59, or 0.87%, at $3,302.71 per ounce on Monday. Gold prices fell to around $3,246 per ounce in early Asian trading, the lowest level since May 29.
At 21:30 Beijing time on Tuesday, Federal Reserve Chairman Powell, European Central Bank President Lagarde, Bank of England Governor Bailey, Bank of Japan Governor Kazuo Ueda, and Bank of Korea Governor Lee Chang-yong will hold a group meeting.
Last Tuesday and Wednesday, Federal Reserve Chairman Powell attended a congressional hearing and said that the Fed needs more time to observe whether tariffs make inflation rise higher before considering cutting interest rates.
Powell said in his congressional testimony that he and most Fed officials expect inflation to start to pick up soon, and the Fed is not in a hurry to cut interest rates before that.
Powell said: "At present, we have good conditions to wait and further understand the possible development path of the economy before considering whether to adjust the policy stance." Yesterday, gold opened at $3381.6 and quickly fell back, reaching a low of $3248.8, then rebounded, rebounded in the early trading and touched $3270 and fell again, gold fell back, reaching a low of $3259.4, then gold did not continue to fall, and rebounded. Gold continued to rebound in the European and American markets, with the highest rebound in the US market reaching $3309.4, and finally closed at $3002.9 in the late trading. The monthly line closed with a long upper shadow line and a shooting star pattern. After such a pattern ended, today's gold rebounded high, and the upper resistance focused on the $3326 line. The rebound relied on the resistance below here to short, and the lower side looked at the $3295 line.
Gold Is Set to Bottom Out and Rebound This WeekGood morning, everyone!
At today’s open, gold once again dipped into the 3258–3248 buy zone, then rebounded toward 3270. From a structural perspective, gold has clearly entered a downward trend, but this decline is unlikely to be one-directional—short-term rebounds and consolidations are expected along the way.
Based on my experience, below 3250 remains a favorable area for initiating long positions. Whether the price rebounds directly or continues lower before building a stronger base to challenge 3300 again, the broader outlook remains bullish as long as the 3200 support holds. A bottoming reversal this week is still the more probable scenario.
As such, the focus early this week should be on buying near the lows, with short opportunities on rebounds as a secondary strategy. Monitor key support levels for signs of strength.
This week is also packed with important data—including PMI, Non-Farm Payrolls (NFP), and the unemployment rate, in addition to regular economic releases. Given the current macroeconomic backdrop, significant market volatility is expected—bringing both risk and opportunity. Manage your exposure carefully and stay adaptable.
Gold long-short strategy US trading range operation
Gold prices (XAU/USD) recovered some of their losses during Monday's Asian trading session, driven by expectations that the Federal Reserve may cut interest rates further this year (and perhaps earlier than previously expected). This prospect weighed on the dollar, making dollar-denominated gold more attractive to overseas buyers.
However, the recent improvement in global risk sentiment (driven by the US-China trade agreement and the Israeli-Iranian ceasefire agreement) may reduce the safe-haven demand for gold. Investors will now turn their attention to upcoming comments from Federal Reserve officials, with Atlanta Fed President Rafael Bostic and Chicago Fed President Austan Goolsbee expected to speak later in the day.
Gold prices recovered, accumulating around the 3,300 price range at the beginning of the new week. Still in a major downtrend.
⭐️Set Gold Price:
🔥Sell Gold Area: 3316-3318 SL 3323
TP1: $3305
TP2: $3290
TP3: $3277
🔥Buy Gold Area: $3248-$3246 SL $3241
TP1: $3258
TP2: $3270
TP3: $3286
⭐️Technical Analysis:
Set reasonable buy orders based on technical indicators EMA 34, EMA89 and support and resistance areas.
XAUUSD:Sharing of the Latest Trading StrategyAll the trading signals this week have resulted in profits!!! Check it!!!👉👉👉
Early Session Dynamics:
Gold rebounded in today’s early trading after finding support at the prior low of 3245, aligning with our weekly forecast. The intraday strategy prioritizes a low-level rebound correction, with short positions to be initiated at resistance levels.
Key Technical Levels:
Resistance: 3295–3308
Support: 3250–3240
4-Hour Chart Perspective:
The market remains weak with high volatility. The double-bottom effect at 3245 is unconfirmed, and no bottoming pattern has emerged. Thus, the week’s initial outlook is for a range-bound oscillation between 3308 and 3240:
A rebound opportunity exists as long as 3240 holds.
A break above 3308 could trigger upward momentum.
Intraday Trading Strategy:
Lacking follow-through in the European session, the short-term trend is viewed as range-bound
Sell@3305-3295
TP:3285-3250
buy@3250-3260
TP:3285-3300