XAUUSD: Market Analysis and Strategy for July 31stGold Technical Analysis:
Daily chart resistance: 3351, support: 3250
4-hour chart resistance: 3335, support: 3270
1-hour chart resistance: 3315, support: 3290.
Gold was trading sideways between 3320 and 3333 yesterday before the New York market. During the US trading session, the release of US ADP employment figures and PCE price data was bearish for gold, causing it to plummet below Monday's low of 3301. The Federal Reserve held interest rates steady, and Powell's hawkish speech sent gold plummeting to around $3268.
Affected by the news, gold prices fell rapidly yesterday, reaching a low near the lower Bollinger band on the daily chart. It rebounded in the Asian session today, reaching a high near 3315. Selling is recommended in the sideways range between 3310 and 3320. The US PCE data will be released in the New York market, so avoid the news release period.
BUY: near 3290
SELL: near 3270
GOLD trade ideas
Gold soaring with NFP debacle as an catalystQuick update: Gold is Trading on NFP fuelled relief rally and Bearish Technicals are invalidated once again (I announced lately that this might happen if NFP delivers downside surprise / debacle). The Hourly 4 chart's Ascending Channel increases it's gains towards Overbought levels as #3,352.80 benchmark is showcasing strong durability. Both Weekly chart (#1W) and Monthly (#1M) are on mild gains (# +0.65% and # +0.71% respectively) and with ranging candles (Gold consolidating above the Support for the fractal) I do not see any rebound (to the downside) possibility yet.
My position: As discussed above, I will keep Buying every dip on Gold and will not Sell Gold throughout today's session (if I do, will be aggressive in & out Scalp only). Gold remains very sensitive to every Bullish development while Bearish ones are still on second place.
I maintain my #3,277.80 and #3,252.80 TargetsI didn't engaged any re-Sell orders throughout yesterday's session and re-Sold Gold on #3,295.80 ahead of Asian session, with plan to keep orders over-night. However due NFP, Gold might be stationary / ranging until the news as I closed both of my orders on #3,291.80 / each #9.000 Eur Profit and my #3,300.80 pending Sell limit has been triggered over-night which is now running in Profits with Stop on breakeven. I do expect #3,277.80 and #3,252.80 Targets to be met within #1 - #3 sessions and if there aren't NFP numbers, I would keep all three orders / set of Selling orders maintaining my first #3,277.80 Target. Due the news, Gold might fluctuate within Neutral Rectangle until the news.
Technical analysis: My earlier Selling configuration / Technical expectations was confirmed on Hourly 4 chart under prolonged weakness and Price-action respecting the trend-line guarding the downtrend (very Bearish formation) as Hourly 1 chart is already an aggressive Descending Channel (width opened on Williams) that should reach it’s next local Low’s (currently Trading slightly below Double Bottom) and Oversold state near my take Profit of #3,252.80 benchmark. If the bands are widened Traders may witness #3,277.80 test, also if gets invalidated and #3,270.80 gives away, #3,252.80 mark extension test is inevitable. In any case I will update my Targets or levels of Profit taking if I decide to exit earlier than #3,252.80 benchmark to be in accordance with the Daily chart’s period / I already ride Selling wave since #,3,300's and my Profit will be already good to ignore.
My position: DX is soaring, Gold is under Bearish Technical developments and #3,252.80 benchmark is my final Target of current Selling leg. Only factor which can reverse this Intra-day but not postpone is NFP. I expect downside Jobs surprise which may reverse DX from local High's however hot upside surprise will make Gold test #3,252.80 Intra-day. NFP or not I do believe Gold is Bearish. Trade accordingly.
GOLD H4 | Could the price reverse from here?XAU/USD is reacting off the sell entry at 3,382.85, which is a pullback resistance and could reverse from this level to the take profit.
Stop loss is at 3,432.37, which is a swing high resistance.
Take profit is at 3,333.65, which is a pullback support that is slightly above the 50% Fibonacci retracement.
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Bullish Momentum Ahead? XAAUSD Price to Watch!The market just closed above 3,353 , which is our BOS and RBS level. It was previously a resistance, then became support, and now it's being tested as resistance again. Looking at how gold moved last week, it came really close to the major resistance area I had marked. Unfortunately, it didn’t quite reach my pending order, which was set just a bit lower.
After reviewing the price action, I noticed that gold reacted to an order block before making its move upward. Luckily, we managed to catch a nice HnS sell setup & the golden zone fibo I had marked earlier, using my trusted golden Fibonacci levels. They’ve consistently delivered reliable entries.
Looking ahead to the upcoming week, I’ll be using the same golden fibo setup. The market is showing a clean pattern, and I’ve already mapped out a solid entry zone. The zone is fairly wide, but with proper risk management and entry layering, there’s definitely good potential for profit .
Let’s see how things play out next week. That’s all from me for now. If you found this helpful, feel free to like and follow for more analysis.
Gold establishes bullish wave. Wait for recovery point to BUY✏️ OANDA:XAUUSD Nonfarm announcement has shaped a new trend for gold price. completely broke the previous bearish wave structures and formed a new bullish trend with the break of wave 1 peak around 3315. Trading strategy next week only focuses on BUY signals. Maybe this bullish wave can make gold reach the all-time high.
📉 Key Levels
Support 3333-3315
Resistance 3373-3416
BUY zone: 3333 ; 3315 ( Strong support zone)
BUY DCA trigger Break resistance 3373
Target 3416
Leave your comments on the idea. I am happy to read your views.
Excellent re-Sell opportunities from #3,332.80 ResistanceAs discussed throughout my yesterday's session commentary: "My position: I will continue re-Sells starting with #3,332.80 Resistance and my continuation will be re-Sell every High's on Gold unless Gold closes the market above #3,352.80 benchmark."
Firstly I have Sold Gold on #3,321.80 with my set of Selling orders and in addition I have added Sells at #3,318.80 / closing all on #3,312.80 / first line of wall of Supports ahead of #3,300.80 benchmark. Then I have planned to re-Sell strong on #3,332.80 with Double Lot and closed my order on #3,322.80 (#3,332.80 - #3,322.80) which delivered excellent results. I am making spectacular Profits from my key reversal zones.
Technical analysis: Gold is Trading within my predicted values however both sides are equally probable at the moment. Needless to mention, Price-action is on important Short-term crossroads. Since #3,300.80 psychological benchmark isn't invalidated even with DX on extended relief rally, now Bullish reversal is possible towards #3,342.80 first Resistance, then #3,352.80 mark Trading above the fractal. Also #3,320.80 - #3,332.80 Neutral Rectangle Trading is possible until I have a break-out.
My position: My break-out points on both sides are calculated and ready to be used for more Profits.
Excellent re-Sell opportunities from #3,332.80 ResistanceAs discussed throughout my yesterday's session commentary: "My position: I will continue re-Sells starting with #3,332.80 Resistance and my continuation will be re-Sell every High's on Gold unless Gold closes the market above #3,352.80 benchmark."
Firstly I have Sold Gold on #3,321.80 with my set of Selling orders and in addition I have added Sells at #3,318.80 / closing all on #3,312.80 / first line of wall of Supports ahead of #3,300.80 benchmark. Then I have planned to re-Sell strong on #3,332.80 with Double Lot and closed my order on #3,322.80 (#3,332.80 - #3,322.80) which delivered excellent results. I am making spectacular Profits from my key reversal zones.
Technical analysis: Gold is Trading within my predicted values however both sides are equally probable at the moment. Needless to mention, Price-action is on important Short-term crossroads. Since #3,300.80 psychological benchmark isn't invalidated even with DX on extended relief rally, now Bullish reversal is possible towards #3,342.80 first Resistance, then #3,352.80 mark Trading above the fractal. Also #3,320.80 - #3,332.80 Neutral Rectangle Trading is possible until I have a break-out.
My position: My break-out points on both sides are calculated and ready to be used for more Profits.
GOLD BUY M15 Gold (XAUUSD) 15-Min Chart Analysis – July 31, 2025
The chart shows a clear bullish structure after a confirmed Change of Character (ChoCH) and Break of Structure (BOS) on the lower time frame. Price has broken above previous resistance zones, indicating strong buying momentum.
Entry Zone:
Price is currently retesting a demand zone (highlighted in pink).
Ideal buy entry was taken after the bullish ChoCH.
Stop Loss:
SL: 3397, placed just below the demand zone for risk protection.
Targets / Resistance Levels:
1. First Resistance: 3308
2. Second Resistance: 3311
3. Third Resistance: 3316
4. Final Target: 3325
Bias:
Bullish, expecting higher highs as long as price holds above the demand zone.
Break and retest strategy is forming, suggesting continuation toward the final target.
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.
Gold 30Min Engaged ( Bearish Break Out Entry Detected )Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸Bearish From now price - 3306
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
GOLD falls on USD and trade talks, big data weekSpot OANDA:XAUUSD ended its rally this week on Friday (July 25) and closed down nearly 1%, mainly affected by the recovery of the US Dollar TVC:DXY and progress in trade negotiations that weakened safe-haven demand.
DXY recovered 0.27% on Friday to close at 97.642, ending a two-week low, making gold less attractive than its direct correlation.
Earlier, news of a US-Japan trade deal and a breakthrough in US-EU talks weakened the market's demand for safe-haven assets.
For the content of the US-Japan trade deal, readers can review it in the daily publications during the past trading week.
Data and Fed Expectations
The latest US jobless claims fell to a three-month low, suggesting the job market remains solid. This gives the Federal Reserve reason to maintain interest rates at 4.25%-4.50%, despite President Trump once again pressuring Powell to cut rates.
However, in the short term, the fundamental direction of gold may need to wait for the Federal Reserve to announce more policy signals at its meeting next week.
Speculative Longs Hit High Near April Peak
Data from the U.S. Commodity Futures Trading Commission (CFTC) showed that as of the week of July 22, the speculative net long position in COMEX gold rose by 27,211 lots to 170,868 lots, the highest level since April. This shows that as gold prices fall again, buyers are still actively deploying, waiting for more guidance from policy and data.
Last Week Review and This Week’s Fundamental Outlook
Last week, gold prices initially rose and then fell. Due to risk aversion and volatility in the US dollar, gold prices surpassed the $3,400/ounce mark at the start of the week, but as trade optimism increased and profit-taking emerged, gold prices fell back, trying to stay above $3,300/ounce.
Investors will face several major events this week:
Federal Reserve policy meeting (Wednesday): Markets expect interest rates to remain unchanged, but Powell’s speech could influence market expectations for a rate cut this year.
Macro data will be released in batches: including ADP employment data on Wednesday, PCE price index on Thursday and non-farm payrolls report on Friday. These data will determine the next move of gold.
Global central bank trends: The Bank of Canada and the Bank of Japan also hold policy meetings next week. Investors will be watching to see if their policy signals cause volatility in the US dollar and gold prices.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold is in a rather important position after 3 consecutive corrective declines. However, the bearish momentum still keeps gold above the base price, which is an important psychological point for the bullish expectation of 3,300 USD.
In terms of position and indicators, gold has not completely lost the ability for a bullish outlook. Specifically, gold is still in a short-term rising channel and supported by the EMA21. On the other hand, it is still supported by the horizontal support level of 3,310 USD, followed by the psychological level of 3,300 USD and the 0.382% Fibonacci retracement.
Gold will only qualify for a bearish cycle if it sells below the 0.382% Fibonacci retracement level, then the target will be around 3,246 USD in the short term, more than the 0.50% Fibonacci level.
RSI is sloping down, but has not yet crossed the 50 level, and in the current case, the 50 level acts as a momentum support for the RSI. It shows that there is still room for an increase in price, and if RSI sloping up from 50, it will provide a bullish signal with relatively wide room.
If gold rises above the 0.236% Fibonacci retracement level (3,371 USD), it will be eligible for a new bullish cycle with a target of around 3,400 USD in the short term, more than 3,430 – 3,450 USD then the all-time high.
In the coming time, in terms of position and indicators, gold still has a technical outlook leaning more towards the upside and the notable points will be listed as follows.
Support: 3,310 – 3,300 – 3,292 USD
Resistance: 3,350 – 3,371 – 3,400 – 3,430 USD
SELL XAUUSD PRICE 3371 - 3369⚡️
↠↠ Stop Loss 3375
→Take Profit 1 3363
↨
→Take Profit 2 3357
BUY XAUUSD PRICE 3303 - 3305⚡️
↠↠ Stop Loss 3299
→Take Profit 1 3311
↨
→Take Profit 2 3317
XAUUSD 4H – Massive Sell Setup: Gold Crash Incoming? Gold (XAUUSD) just tapped into a key liquidity zone near the 38.2% Fibonacci retracement at $3,364, followed by a sharp rejection. This aligns with the upper channel resistance and a bearish confluence from previous supply zones.
Price has failed to break above the dynamic EMA cluster and is showing signs of exhaustion after a relief rally. If momentum follows through, this could mark the beginning of a deeper selloff targeting major downside levels.
Short Setup
Entry: Around $3,349–$3,364 (rejection zone)
SL: Above $3,379
🚨Strong bearish engulfing candle confirms seller pressure
🎯 Take Profit Targets (Fibonacci):
TP1: $3,305 (38.2%)
TP2: $3,275 (61.8%)
TP3: $3,241 (Full move – 100% Fibonacci extension)
This setup offers high risk-reward if the rejection holds and price breaks below the mid-zone structure at $3,330. A drop below $3,305 could accelerate the move as liquidity gets swept.
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!
Smart Money Concept (SMC) XAU/USD Bearish Analysis – SMC
1. Market Context
The price is coming off a bullish expansion that mitigated areas of interest, but failed to break through supply structures with force, leaving an imbalance (FVG 4H) and pending liquidity at lower levels.
2. Consolidation Zone
After the surge, the market entered a consolidation phase (accumulation/distribution), forming BOS and ChoCh without generating new HH, a sign of buying weakness.
3. Fake Out and Rejection
A fake out trapped buyers and the price returned to the range, indicating liquidity absorption by institutional investors.
4. Bearish Interest
The previous LL and LH levels were not mitigated and act as price magnets. This creates bearish interest, with a high probability of seeking that liquidity.
5. Trading Plan
• Entry: Rejection at the resistance zone
• Confirmation: Failed retest and rejection (SMA rejection)
• Target: Next LL at the support zone
• Stop Loss: Above the resistance zone/fake out
Summary: The price is showing a distribution structure with accumulated liquidity below the support, increasing the probability of a bearish continuation.
GOOD LUCK TRADERS….
XAU/USD – Endphase der Circle Wave 1 & Vorbereitung auf die KorrOANDA:XAUUSD
We are currently in the final stages of the yellow (Circle) Wave 1 on Gold.
We have just completed wave 4.
How do I identify wave 4? Simple:
📏 I drew a trendline, and once that trendline was broken, the trend of wave 3 was considered complete.
However, we’ve now made a new low, which broke the low of wave 3 — this could very well be our wave A of wave 4 ⚠️.
I’m expecting one more final low, potentially around 3252, or even as low as 3200.
But personally, I lean towards ~3252 as the likely target 🎯.
After that, we should see a move upward into the yellow Fibonacci zone of wave 2 🟡.
The path from Circle 1 to Circle 2 will likely unfold as a corrective A-B-C structure to the upside 🔁.
Following that, we hopefully get a clean five-wave impulse into our (Circle) Wave 3 🚀.
GOLD Weekly Recap & Outlook (Week 31 | July 28 – Aug 01)Note: Some elements may shift depending on your screen size. View the full snapshot in perfect layout:
📈 CAPITALCOM:GOLD
Timeframe: 30m | MJTrading View
⸻
🔹 Weekly Performance
• Open: 3,320.06
• High: 3,363.63
• Low: 3,268.05
• Close: 3,363.05
Gold delivered a classic Smart Money move this week: liquidity sweep, structural shift, and bullish expansion.
⸻
🔹 Price Action Breakdown
1️⃣ Early Week: Bearish Continuation
• Price opened around 3,320 with a gap and extended last week’s bearish leg.
• Formed lower lows (LL) and a bearish flag, signaling continuation.
2️⃣Midweek: Liquidity Grab, Reversal Point and
• Last Bearish leg marks the exhaustion gap and stop run.
• Market printed a liquidity sweep below 3,310 then 3,280 (weekly low), trapping late sellers.
• Smart Money likely absorbed sell-side liquidity before initiating the reversal leg.
• This aligns perfectly with SMC principles: sweep → accumulation → expansion.
3️⃣ Late Week Rally
• Following NFP & Unemployment Rate news, price broke 3,333 and rallied strongly to 3,363.63 confirming a Bullish Market Structure Shift (MSS).
• Resistance turned into support, validating the accumulation phase.
• Price rallied strongly to 3,363.63,.
• The weekly candle flipped bullish, closing near the high, with Smart Money leaving a clear footprint of accumulation and expansion.
⸻
🎯 Key Levels & Outlook
• Support: 3,355 → 3,333 - 3,340
• Resistance: 3,377 → 3,380+
• Bias: Bullish above 3,333.
• Watch for liquidity sweeps of intraday lows to catch new long entries, targeting 3420-3440.
⸻
💡 MJTrading View:
A structural shift and weekly strong close confirms bullish intent into next week.
As long as 3,333 holds, dips are buying opportunities.
⸻
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Fortnight Overview:
Psychology Always Matters: