GOLD trade ideas
GOLD Range-Bound Before Fed – Breakout Above 3349 Unlocks 3374GOLD | Bullish Momentum Builds Ahead of Fed Decision – Key Range Between 3349 and 3312
Fundamental Insight:
Gold is slightly higher as the U.S. dollar weakens ahead of the Fed’s rate decision. Markets await signals on future policy, which could drive sharp moves in gold.
Technical Outlook:
Gold remains bullish while above 3320, with upside potential toward 3349.
A 1H close above 3349 confirms breakout momentum, opening the path toward 3374, and potentially 3401.
A break below 3320, especially below 3312, would invalidate the bullish setup and trigger downside toward 3285, then 3256.
Currently range-bound between 3349 and 3312 — watch for breakout confirmation to determine the next trend direction.
Key Levels:
• Support: 3320 – 3285 – 3256
• Resistance: 3349, 3374 – 3401
Bias: Bullish above 3320
📍 Watch Fed volatility – breakout expected soon
Excellent Selling opportunities deliveredGold delivered excellent re-Sell opportunities and as soon as DX started gaining value after GDP numbers, I was confident in Selling direction. I have Sold Gold on #3,324.80 towards #3,318.80 first, then #3,310.80 extension. Then I have Bought Gold (aggressive set of Scalping orders from #3,302.80 - #3,303.80 belt) closed on #3,306.80 and pre-Fed set of Selling orders on #3,294.80 - #3,296.80 closed below on #3,280's. Final order was #3,270.80 Buy which I kept towards #3,292.80 Resistance. All in all spectacular session for me and my Traders.
Technical analysis: As discussed, as long as #3,300.80 - #3,305.80 former Resistance holds, I was aware that Gold was more likely to push towards #3,270’s for a #2-Month Low’s test, still however within the Hourly 4 chart’s Buying accumulation zone. This week was / is packed with Fundamental announcements and real trend should be revealed (as today’s session Fundamental catalyst interfered and was already digested by markets), since today’s Price-action delivered the session High test around #3,300.80 benchmark and most likely market will close above it, triggering most of the late Sellers Stop-losses and as Bond Yields reversed and DX printed another series of Bullish candles above the Hourly 4 chart’s Support, Gold again reversed above #3,300.80 psychological barrier and is comfortably seen Trading above it. This shows how unstable market has become and that I should expect side Swings on Short-term, but those are not cause for an alarm as underlying Medium-term trend remains Bullish and I am there ready with my key entry points to Profit on this perfect Price-action for my current Trading model.
My position: I do not expect Gold to continue soaring with DX on such numbers and my practical suggestion is to Sell every High's that Gold deliver (in & out as I prefer to do).
Excellent Selling opportunities deliveredGold delivered excellent re-Sell opportunities and as soon as DX started gaining value after GDP numbers, I was confident in Selling direction. I have Sold Gold on #3,324.80 towards #3,318.80 first, then #3,310.80 extension. Then I have Bought Gold (aggressive set of Scalping orders from #3,302.80 - #3,303.80 belt) closed on #3,306.80 and pre-Fed set of Selling orders on #3,294.80 - #3,296.80 closed below on #3,280's. Final order was #3,270.80 Buy which I kept towards #3,292.80 Resistance. All in all spectacular session for me and my Traders.
Technical analysis: As discussed, as long as #3,300.80 - #3,305.80 former Resistance holds, I was aware that Gold was more likely to push towards #3,270’s for a #2-Month Low’s test, still however within the Hourly 4 chart’s Buying accumulation zone. This week was / is packed with Fundamental announcements and real trend should be revealed (as today’s session Fundamental catalyst interfered and was already digested by markets), since today’s Price-action delivered the session High test around #3,300.80 benchmark and most likely market will close above it, triggering most of the late Sellers Stop-losses and as Bond Yields reversed and DX printed another series of Bullish candles above the Hourly 4 chart’s Support, Gold again reversed above #3,300.80 psychological barrier and is comfortably seen Trading above it. This shows how unstable market has become and that I should expect side Swings on Short-term, but those are not cause for an alarm as underlying Medium-term trend remains Bullish and I am there ready with my key entry points to Profit on this perfect Price-action for my current Trading model.
My position: I do not expect Gold to continue soaring with DX on such numbers and my practical suggestion is to Sell every High's that Gold deliver (in & out as I prefer to do).
GOLD REVERSALHello folks, most traders stop out on this idea right? lets get back to previous month opening price, for short idea stoploss above. 3440.
But If you can wait for LONG below. maybe in the next 2 days.
Goodluck. I prefer LONG? I will update once I see volumes on downtrend today or the next day.
I only see short today. the volume is declining/exhausted. I predict reversal atm.
ciao.. see the chart above.
this is not a financial advice.
trade it like its your own business.
Smart Money Concepts (SMC) ✅ Analysis strengths:
• Correct identification of BOS (Break of Structure) and CHoCH, which indicate a change in direction.
• The support zone is marked and respected with rejection, reinforcing the probability of a rebound.
• The projection toward the distribution zone and HH of 1H is consistent, as there are inefficiencies (FVG) pending mitigation.
• The previous fake out clears liquidity and creates room for strong bullish momentum.
XAU/USD | Gold Holding Strong – Watching for Next Bullish Move!By analyzing the gold chart on the 4-hour timeframe, we can see that yesterday, as expected, when the price dropped to around $3357, it faced strong buying pressure and rallied up to $3377. After that, it corrected again, pulling back to $3338 so far, and is currently trading around $3341. If gold manages to hold above $3337, we can expect another bullish move, with potential targets at $3347, $3354, $3364, and $3374.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
GOLD MARKET ANALYSIS AND COMMENTARY - [Aug 04 - Aug 08]This week, the price of OANDA:XAUUSD fell sharply from $3,345/oz to $3,268/oz after the FED Chairman said that the FED has no plans to cut interest rates at the upcoming September meeting. However, at the end of the week, the US Bureau of Labor Statistics announced that the number of non-farm jobs (NFP) in the US reached only 73,000 jobs in July, much lower than the forecast, and the unemployment rate increased higher, up to 4.2%. This pushed the price of gold up sharply from $3,281/oz to $3,363/oz.
The weak labor market has significantly changed expectations for the Fed's interest rate.
With a relatively light economic data calendar next week, investors will continue to monitor Friday's jobless claims report. Meanwhile, some analysts predict that the risk of global economic uncertainty after President Donald Trump announced new tariffs will continue to boost safe-haven demand for gold.
📌Technically, the resistance level for gold next week will be the round resistance of 3,400 USD/oz, followed by 3,440 USD/oz. Meanwhile, the support level is around 3,268 USD/oz.
Perspective on the H4 chart, gold is currently in a corrective recovery cycle testing the Trendline, it is likely that early next week there will be an increase around 3375 and then a correction decrease again.
Notable technical levels are listed below.
Support: 3,323 – 3,310 – 3,300USD
Resistance: 3,371 – 3,400 – 3,430USD
SELL XAUUSD PRICE 3394 - 3392⚡️
↠↠ Stop Loss 3398
BUY XAUUSD PRICE 3310 - 3312⚡️
↠↠ Stop Loss 3306
GOLD BEST PLACE TO SELL FROM|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,309.55
Target Level: 3,288.24
Stop Loss: 3,323.69
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 45m
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
XAUUSD Weekly Outlook | $3,285 Key Level and Structure SetupHere’s my outlook on gold (XAUUSD) for the week of August 4–9, 2025.
Last week’s move was shaped by strong early dollar momentum, a 3% U.S. GDP report midweek, and Friday’s sentiment shift after the surprise tariff announcement.
Price is now sitting near the $3,380 supply zone, a structure that’s been in play since April. I highlight:
✅The key demand zone ($3,245–$3,285)
✅The broken descending trendline is now acting as support
✅Potential reaction around $3,360 early in the week
✅$3,285 remains my key level going forward. If ever price comes close, I’m watching for signs of strength or breakdown there to guide my setups.
I’ll update my thoughts in the comments as price action unfolds.
Disclaimer:
Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading.
GOLD 1H: Fibo speaks louder than words - $3365 in focusGold is testing the upper zone near $3362–3365, which is just above the 0.5 Fibonacci level ($3353) from the previous impulse. The price has already bounced from the top of the channel, indicating potential exhaustion of the current upward move.
Technicals:
- MA50 and MA200 are below the price — bullish trend intact
- RSI is cooling down from overbought territory
- Fibo 0.5 ($3353) was breached, but no clear confirmation yet
- Channel resistance remains unbroken
Plan:
- If price rejects $3365, targets are $3340 and $3314
- If price holds above $3365, next move could be toward $3377+
- EMA structure supports further upside, but caution is needed at this zone
Gold isn’t shouting - it’s whispering key levels. Listen closely.
XAUDUSD SELL LIMITSymbol: XAU/USD
Timeframe: 15 Minutes (15m)
Trade Direction: Short (Sell)
Exact Entry Price:
3,295.254
Entry Rationale: This point is located within the FVG (Fair Value Gap) and at the 78.0% Fibonacci level (Optimal Trade Entry - OTE zone), which has a high potential for a price reaction and attracting sell orders.
Exact Stop Loss:
3,305.953
Stop Loss Rationale: This price is set slightly above the high of the bearish Order Block and also above the Swing High at 3,302.658 to protect the trade from a potential liquidity grab (Stop Hunt).
Exact Take Profit (TP1):
3,270.916
Take Profit Rationale: This target is set at the recent low. This area acts as a sell-side liquidity pool and is the next logical target for the price after pulling back to the supply zone.
NFP ON DECK TODAY Gold is currently holding the Range of 3275-3310.
What's possible scanarios we have?
we have NFP data on deck today, expect potential volatility.
Until the release, gold may continue to range between 3275 and 3315.
This trade is totally unexpected how can gold react on numbers.
•If the H4 & D1 chart breaks below 3270, we could see a further drop toward the 3250 zone.
• Ifthe H4 & D1 chart flips above 3310, we could see a further Upside climb the 3335 -3345 zone.
Stay alert. Key levels in play.
#XAUUSD
Bullish bounce off?The Gold (XAU/USD) has bounced off the pivot, which acts as a multi-swing low support and could rise to the 1st resistance, which is slightly below the 50% Fibonacci retracement.
Pivot: 3,310.45
1st Support: 3,288.74
1st Resistance: 3,362.86
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GOLD 1H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 3348 and a gap below at 3328 . We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3348
EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS
3369
EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET
3397
EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET
3422
BEARISH TARGETS
3328
EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET
3305
EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE
3289
3267
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
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
XAU/USD) Bearish Trend Read The captionSMC Trading point update
Technical analysis of Gold (XAU/USD) on the 1-hour timeframe, using a combination of trend lines, EMA, RSI, and price structure.
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Technical Breakdown:
1. Price Structure:
Gold is forming a rising channel (black trend lines) within a short-term uptrend, but this is happening below the 200 EMA, which generally indicates bearish momentum.
A resistance zone is highlighted near the top of the channel, suggesting sellers might defend this level.
2. Key Level:
Resistance Level: Around 3,330–3,335 zone.
Target Point: Price is expected to break down from the channel and reach support levels near 3,284.35 and 3,282.51.
3. Moving Average (EMA 200):
Current price is below the 200 EMA (3,348.42), reinforcing a bearish bias.
4. RSI (14):
RSI is near 52.58, indicating neutral-to-slightly-overbought territory. No strong divergence is visible, but RSI is not confirming a bullish trend either.
5. Projection (Hand-drawn Path):
The drawn path shows a potential breakdown from the channel with a bearish impulse targeting lower support zones.
Mr SMC Trading point
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Trade Idea Summary:
Bias: Bearish
Confirmation Needed: Break below channel support
Entry Zone: Near the resistance of the rising channel (~3,330–3,335)
Target Zone: 3,284.35 – 3,282.51
Invalidation: Sustained break above 3,348 (above EMA 200)
plesse support boost 🚀 this analysis)
Bulls continue to be active following NFP data⭐️GOLDEN INFORMATION:
Gold (XAU/USD) slips toward $3,360 in early Asian trading on Monday, snapping a two-day winning streak. However, disappointing U.S. job data and lingering tariff concerns could pressure the U.S. Dollar and help cushion the downside for the Dollar-denominated metal.
The yellow metal is under pressure from a recovering Greenback, though gains may remain capped as weaker-than-expected Nonfarm Payrolls (NFP) data has strengthened expectations of a Federal Reserve rate cut in the near term.
⭐️Personal comments NOVA:
Buyers maintained early in the week, continuing to move towards higher resistances: 3374, 3387
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3374- 3376 SL 3381
TP1: $3365
TP2: $3350
TP3: $3333
🔥BUY GOLD zone: $3328-$3326 SL $3321
TP1: $3335
TP2: $3348
TP3: $3360
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account