GOLD trade ideas
XAU / USD Daily ChartHello traders. We are at an area of interest for me which is marked on the chart. We can push down to fill that wick, or reject and move back up a bit to take out any existing short positions in profit. I will post a lower time frame chart shortly. We will see Pre NY volume starting in a little under 2 hours. 7:20 am est here in the US is when we someimes see a shift to sometimes partially correct the overnight session's move. Not saying that's what will happen, just explaining what I see happen a lot of the time. Let's see how things play out. Be well and trade the trend. Shout out to Big G.
GOLD 1H 5AUGHello to all traders. 😎😎
I hope all your deals will hit their targets. 🎉🎉
I have identified two paths for gold for today.
In the red movement we have a downward fall and a fair value gap filling and a fall to the $3300 range
and in the black path we have a correction to the $3360 to $3365 range and then a rise to the $3395 to $3400 range.
In any case, I think we will have a correction at least to the $3365 range and then we can decide whether the market will fall or rise from that range.
⚠️⚠️⚠️⚠️Don’t forget to apply proper risk management!
What Do You Think?
Which scenario do you think is happen? **Share your thoughts!** ⬇️
Don't forget that this is just an analysis to give you an idea and trade with your own strategy. And don't forget the stop loss🛑🛑🛑
❤️❤️❤️The only friend you have in financial markets is your stop loss❤️❤️❤️
Please support me with your ✅' like'✅ and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me 🙏😊
Be Happy , Ali Jamali
Elliott Wave Analysis – XAUUSD, August 4, 2025📊
🔍 Momentum Analysis:
D1 Timeframe: Momentum continues to rise strongly. It's expected that the price will keep rising for at least two more trading days, pushing the momentum indicator into the overbought territory, reinforcing the current bullish trend.
H4 Timeframe: Momentum is showing signs of a potential bearish reversal, indicating a possible corrective pullback during Monday’s trading session.
H1 Timeframe: Momentum is strongly bullish, especially evident from the powerful upward move on Friday. Price may continue rising at the open of the Asian session, potentially creating a Gap. However, caution is advised, as this Gap could signal exhaustion.
📌 Wave Pattern Analysis:
Given Friday's strong price action, the primary scenario currently favors wave 3 within the 5-wave bullish structure (12345 – black). However, we cannot entirely eliminate the possibility that this is wave C within an ABC corrective structure (black).
Presently, the price is forming a smaller 5-wave bullish structure (blue), likely in the final wave 5. Attention should be paid to two critical target zones:
🎯 Blue Wave 5 Targets:
• Target 1: 3368
• Target 2: 3385
⚠️ Next Scenario:
Upon completing the blue 5-wave structure, a corrective move downward will occur.
• If the correction does not break below 3315, the larger 5-wave bullish structure (12345 – black) is confirmed, and the price will continue upward to complete black wave 5.
• If the correction breaks below 3315, the structure shifts to an ABC corrective pattern (black), increasing the likelihood of a deeper decline to complete the larger corrective wave C (red).
🧩 Combining Momentum & Wave Analysis:
• D1 momentum strongly supports the continuation of the bullish trend.
• H4 momentum forecasts a short-term bearish correction on Monday, aligning with the formation of wave 4 correction.
• H1 momentum suggests the possibility of a Gap at Monday's Asian session open, marking the beginning of a corrective pullback as momentum reverses.
🎯 Short-term Trading Plan:
We will trade the current blue wave 5 with the following limit order plan:
✅ Sell Limit Zone: 3385 – 3387
⛔️ Stop Loss (SL): 3399
🎯 Take Profit (TP1): 3368
🎯 Take Profit (TP2): 3355
📌 Note:
The detailed trading plan for capturing the larger wave 4 correction (black) will be updated once sufficient evidence confirms the completion of the blue wave 5.
Happy trading, everyone! 🚀
Gold prices soar to new highs!Market News:
Spot gold prices fluctuated at high levels in early Asian trading on Monday (August 4), currently trading around $3,349 per ounce. Gold prices surged by over 2% last Friday (August 1), reaching a weekly high. This is due to the fact that US July non-farm payroll data fell far short of expectations, increasing the likelihood of a Federal Reserve rate cut. Furthermore, Trump's new round of tariff announcements has fueled safe-haven demand. Global economic uncertainty, a weakening US dollar, and rising expectations of a Fed rate cut have all provided strong momentum for the rise in international gold prices.
Against the backdrop of continued global economic uncertainty, gold's appeal as a safe-haven asset is expected to further increase. Investors should closely monitor market trends to seize potential opportunities. This trading day, attention should be paid to the US June factory orders monthly rate and continued monitoring of news related to the international trade and geopolitical situation.
Technical Analysis:
From a macro perspective, the monthly chart shows four consecutive long upper shadows and three dojis. This high-level doji formation in an uptrend is overwhelming, prompting caution in buying and caution in the market. Be wary of potential sell-offs in the future. We have repeatedly emphasized the importance of the monthly gold chart in recent months!
On a weekly basis, gold bottomed out and rebounded last week, hitting the middle support band and rebounding. Prices remain within the range, currently shrinking to 3268-3438. The Bollinger Bands continue to close, while the MA5 and MA10 levels remain in a volatile pattern. A unilateral trend still needs time to develop. On a daily basis, there was an extreme rally on Friday night, with the daily chart closing with a large real bullish candlestick. The price directly broke through the short-term moving average and the middle support band, forming a strong Yang-enclosing-Yin pattern. This is a positive bullish signal. So, is it a good time to buy on Monday?
I personally don't recommend buying directly from high levels. Gold rebounded from 3268, surging nearly $100 over two trading days without a significant pullback. Even if there was a pullback on Thursday, it was a single-digit pattern, which doesn't provide solid support for a bullish rally. Therefore, I don't recommend chasing long positions. Instead, watch for a potential sell-off after a rally. Focus on resistance at 618 and resistance near 3376, a previous top-bottom reversal.
Looking at gold on both the 4-hour and hourly charts, the Bollinger Bands are showing signs of opening after last Friday's surge. However, it's important to note that such surge-like openings are generally not sustainable, and will close again upon retracing technical indicators. The 4-hour candlestick chart is currently trading above the upper band, no longer favoring a buy-now-up move. The 1-hour moving average is blunting, and the upper band of the Bollinger Band is about to close. Overall, while gold is strong, it's best not to chase the bulls. Focus on selling opportunities on rallies today, and then consider a bullish move after a pullback.
Trading strategy:
Short-term gold: Buy at 3330-3333, stop loss at 3322, target at 3360-3380;
Short-term gold: Sell at 3375-3378, stop loss at 3387, target at 3340-3320;
Key points:
First support level: 3342, second support level: 3330, third support level: 3316
First resistance level: 3376, second resistance level: 3388, third resistance level: 3400
GOLD - WAVE 5 BULLISH TO $3,734 (UPDATE)As I said on our last update, this 'Gold Bullish Scenario' remains valid as price has still failed to close below $3,245 (Wave 2) low.
As long as Gold remains above Wave 2 high ($3,245), this Gold bullish bias remains an option. As traders we always have to be prepared to adapt to different market conditions.
Gold Plan B For 4 Aug onwardsAs you can see that gold is moving good in channel of Bullish so next hurdle can be 3374-3380 and then it can retest the support of Non-Farm 3336-3340 and then continue this channel till further 3452-3458 and then we can expect a big fall in gold and this time support point will be 3290-3300 which will hold gold to go up again.
Gold Approaches Key Reversal Zone After Liquidity Sweep.Gold has recently broken out of a parallel channel during the New York session, followed by a strong upward move triggered by the NFP (Non-Farm Payroll) news event. Currently, the market is trading near a key trendline resistance zone. In this area, the price has also swept the liquidity residing above recent highs, indicating that potential buy-side liquidity has been taken out.
This level now becomes critical for observation. If the market forms a Market Structure Shift (MSS) or provides any valid bearish confirmation — such as a strong rejection candle, bearish engulfing, or a break of lower timeframe support — then there is a high probability that a downward move may follow from this zone.
As always, conduct your own research (DYOR) and wait for price action to confirm the bias before executing any trades. Acting on confirmation rather than assumptions protects both capital and strategy.
Gold continues to go long in the 3280-3300 range.Gold continues to go long in the 3280-3300 range.
Today, we remain firmly bullish on a bottom in the 3280-3300 range.
On August 1st, the Federal Reserve, while keeping interest rates unchanged, acknowledged slowing economic growth, triggering a repricing of expectations for a rate cut.
This led to a rebound in gold prices, but of course, this was just a pretext for the price increase.
Recently, gold prices experienced a four-day decline (July 23-28), falling from $3431 to $3268, as progress in trade negotiations and a rebound in the US dollar dampened safe-haven demand.
Non-farm Payrolls
Here are the key takeaways:
Today's US July non-farm payrolls data (expected to increase by 110,000, compared to 147,000 previously) will determine expectations for a September rate cut by the Federal Reserve.
A weak reading (e.g., below 100,000) could push gold prices back towards $3,400;
A strong reading (above 150,000) would remain bearish for gold. Gold prices continue to decline, and we are long in the 3280-3300 range.
Today, we remain firmly bullish on gold bottoming in the 3280-3300 range.
On August 1st, the Federal Reserve, while keeping interest rates unchanged, acknowledged slowing economic growth, triggering a repricing of rate cut expectations in the market.
This led to a rebound in gold prices, but of course, this was just a pretext for the price increase.
Recently, gold prices experienced a four-day decline (July 23-28), falling from $3431 to $3268, as progress in trade negotiations and a rebound in the US dollar dampened safe-haven demand.
Non-farm Payroll Data
Here are the key takeaways:
Today's US July non-farm payroll data (expected to increase by 110,000, compared to 147,000 previously) will determine expectations for a September rate cut by the Federal Reserve. A weak reading (e.g., below $100,000) could push gold back to $3,400.
A strong reading (above $150,000) would continue to be bearish for gold.
Technical Analysis and Trading Recommendations
Key Levels:
Support:
$3,270 (100-day moving average)
$3,248 (June low);
Resistance:
$3,300 psychological level
$3,340 (21-day/50-day moving average crossover).
Trading Strategy:
Short-term:
1: If the price holds above $3,300, initiate a long position with a target of $3,330-3,350.
2: If the price falls below $3,270, a drop to $3,248 is possible.
3: Focus on the key watershed at $3,300
4: Key Point:
As long as the gold price is above $3,300, I believe it's a good time to buy the dip. Following the upward trend in gold prices is a very wise choice.
As shown in Figure 4h:
The potential for gold prices to rebound is becoming increasingly clear.
The lower edge of the wide fluctuation range is slowly stabilizing.
XAUUSD Gold Trading Plan – Monday, 4th August 2025 (M30 TF)Strategy Type: Intraday Trend Trading (Buy-the-Dip)
Timeframe: 30-Minute (M30)
Market Bias: Bullish
Execution Style: Step-Ladder Scaling into Strength
🧠 Market Outlook
Gold remains in a bullish trend structure, supported by geopolitical risk, moderate inflation sentiment, and the weakening US Dollar. While Friday showed signs of short-term exhaustion, price is still forming higher lows on the 30-minute chart, suggesting intraday momentum remains to the upside.
Based on current price action and Fibonacci retracement levels, I expect a healthy pullback early Monday before a push towards new short-term highs. I will be trading in phases — buying on dips and scaling out at each resistance zone.
✅ Phase 1: Buy on Dip at 3352 (Key Support Zone)
Entry Zone: 3352
Reasoning:
3352 lines up with M30 demand zone (previous accumulation area)
61.8% Fibonacci retracement of the last M30 bullish swing
Likely to act as intraday support if price retraces from current levels
Confirmation:
Strong bullish candlestick reversal (e.g. bullish engulfing, hammer, or rejection wick) on M30
Volume uptick or bullish divergence on RSI preferred
Stop Loss:
Just below 3346 (below the last valid swing low to protect the trade)
🎯 Target 1: 3361
Why: This is the first intraday resistance and previous minor high on M30
Action:
Secure partial profits (~50%)
Move SL to breakeven or +5 pips to protect capital
Wait for next retracement
✅ Phase 2: Wait for Pullback After 3361
Retracement Zone: Expected dip to 3356–3358 area (new higher low)
Re-Entry Condition:
Retest of breakout level with strong bullish candle on M30
Maintain bullish market structure
🎯 Target 2: 3370
Why: This is the next resistance zone and price magnet based on Friday's volume profile
Action:
Secure additional 30% profit
Trail SL below structure (~3362)
✅ Phase 3: Wait for Final Dip Before Final Push
Retracement Zone: Around 3364–3366 (support flip area)
Re-Entry Condition:
Rejection of this zone with continuation pattern (bullish flag, ascending triangle)
🎯 Target 3: 3379
Why: 3379 is near the top of current intraday channel and strong resistance on 4H/M30
Action:
Close all remaining positions
Assess for potential breakout above 3380 only if momentum is strong
⚠️ Risk Management Plan
Max Risk: 1.5% account risk split across 3 phases (0.5% per entry)
All SLs defined before entry — no averaging down
Trades invalidated if price breaks and closes below 3346 on M30
🔁 Summary Table
Entry Level Target Action
Buy @ 3352 TP1 = 3361 Secure partial profit, trail SL
Re-buy ~3356–3358 TP2 = 3370 Secure partial profit, trail SL
Re-buy ~3364–3366 TP3 = 3379 Close full position
🧭 Other Key Watch Points
DXY: Watching for rejection below 104.60 – bullish for Gold
News Events: Low-impact day; watch for any unscheduled Fed speakers
RSI + Volume: Using RSI (14) and OBV to confirm entry strength on M30
XAUMO XAUUSD (Gold Spot) ANALYSIS | AUG 01, 2025 | CAIRO TIME GMThis is a stealth bullish accumulation day. Market maker completed a fake drop and now prepping breakout. Play long bias from control zone with stop-hunt fade backup. Schabacker would call this a false breakdown spring + congestion base rally.
XAUUSD (Gold Spot) ANALYSIS | AUG 01, 2025 | CAIRO TIME GMT+3
🔍 Multi-Timeframe Technical Breakdown (Daily → 5m)
1️⃣ Price Action & Patterns
Daily: Bullish rejection tail forming (pin bar) off VAL (3,288). Strong buyer defense.
4H: Classic bullish engulfing off VAL support. High rejection wick to downside. Micro-structure shows market maker trap.
1H: V-shape recovery seen. Absorption bar confirmed via footprint delta spike.
15m: Buyers stepping in at POC (3,289.35), stealthy buying—confirmed by divergence between delta & price.
5m: Accumulation in box range between 3,289–3,292. High absorption on bid side, low offer lifting—sign of stealth long build.
2️⃣ Volume & Delta Footprint
POC Cluster across all TFs: 3,289.00–3,291.50 is the control zone.
Volume Node Rejection at 3,288 = confirmed buyer base.
Delta: Absorption → sellers hitting bids but no follow-through = market maker trap → bullish implication.
Volume Spike at 3,288 = fakeout move likely manipulated to hunt stops.
3️⃣ Support/Resistance
VAL: 3,288 🔥 Strong Demand Zone
POC: 3,289.35–3,291.75 🧠 Smart Money Zone
VAH: 3,292.80 🎯 Break above confirms momentum
Res. Extension: 3,296.20, 3,300
Fibonacci Confluence: 3,288 = 61.8% golden retracement from recent rally
5️⃣Volatility
Compression near VAH = Volatility Expansion imminent.
Expect Breakout in next 1–2 hours (likely post 09:00 Cairo Time – Kill Zone)
6️⃣ Market Maker Philosophy
Last 3 days show liquidity vacuum trap below 3,288.
MM has triggered stop hunts to shake weak longs.
Building long inventory stealthily under POC.
Expecting rally trap to suck in breakout buyers → then retrace → final breakout continuation.
🧨 JEWEL TRADE ENTRY (Highest Probability)
📈 Order: Buy Stop
🎯 Entry: 3,293.10
🛑 Stop Loss: 3,287.70
💰 Take Profit: 3,302.40
📊 Confidence: 87%
🧠 Justification: Breakout of VAH/Golden Zone + High Volume Node = Trend Shift Confirmed
This is for EDUCATIONAL PURPOSE ONLY, and not financial advise.
Where is GOLD going next?In the last four months, GOLD privided us a common pattern (for four times) that usually lead to an explosive moves. Where are we going next and what could be the target? In this case, time help us to understand better. The pattern is not complete yet and i expect the move to run in 24 hrs (maybe due to the high impact news will we have tomorrow, like the Initial Jobless Claim and CPE?). Now we just need to understand where the price will go to make profits, and to try to understand this we will check the RSI and the MACD. When this pattern occured, the RSI was rising and above 50 for three times with MACD on bullish cross (the three times that the price pumped) and was chopping and struggling close to 50 (but below it) with a bearish cross on MACD the single time it crushed. If we look at the actual situation, RSI is rising and MACD it's on bullish setup, but i will update you tomorrow (or when a breakout will occur). Now, for the possible target, we can easily aim to $100 move. So, price can touch $3420 for a long or $3240 for a short.
What do you think guys? Let me know in the comments!
XAUUSD - 29/7/25 - continued bearish There was quite strong bearish momentum yesterday during the US session. Going into Asian session and London session today there is a consolidation bullish. There is a 4 hour zone marked out where i am looking for a retest and continuation bearish to a key zone below where a reversal pivot is expected and then continuing bullish with the larger trend.
Gold May Dip Mildly Before US Data📊 Market Overview:
Spot gold is trading around $3,329/oz, up ~0.1%, supported by falling U.S. Treasury yields and a slightly weaker dollar, while investors await potential Fed dovish signals or rate cut in September . Meanwhile, easing U.S.–EU trade tensions weighed on safe-haven demand for gold.
📉 Technical Analysis:
• Key Resistance: ~$3,335–3,350 (recent highs and potential test zone)
• Nearest Support: ~$3,310 (previous stable support)
• EMA09 position: Price is above EMA9, indicating a mild bullish bias in the short term
• Momentum/Volume: RSI ~53 (neutral), MACD & StochRSI showing small buy signals. However, bullish momentum is fading, suggesting a possible mild pullback
📌 Conclusion:
Gold may dip modestly toward $3,310 if the dollar strengthens or if Fed rate-cut expectations recede. A break above $3,335–3,350 could pave the way for further gains, though current momentum remains insufficient to confirm a breakout.
💡 Suggested Trade Strategy:
SELL XAU/USD: $3,333–3,336
🎯 Take Profit: 40/80/200 pips
❌ Stop Loss: $3339
BUY XAU/USD: $3,310–3,308
🎯 Take Profit: 40/80/200 pips
❌ Stop Loss: $3305
XAUUSD Outlook – July 29, 2025
Gold enters a high-risk environment starting today.
All eyes are on Jerome Powell's speech, which will signal whether the Fed remains firm on its hawkish stance or adopts a more dovish tone.
📈 That said, a broader look at the chart suggests the market has already aligned itself with the dominant trend.
🗓️ In addition to today’s speech, tariff-related news expected on Friday doesn’t seem likely to disrupt the ongoing bullish momentum in gold — or in crypto markets, for that matter.
🧠 That’s the general market read I'm sensing right now, but we’ll have to see how it unfolds.
🎯 Personally, I still view the $3290 level as a solid buy zone, with the potential to become one of gold’s historical bottoms.
Gold breaks through 3400 and is about to challenge a new high
💡Message Strategy
Fundamental Analysis: The Macro Environment and Policy Expectations Are Intertwined
From a fundamental perspective, the recent trend in gold prices is driven by multiple factors. First, rising expectations for a September Federal Reserve rate cut have become a key factor supporting gold prices. Last Friday's US non-farm payroll data, which fell short of expectations and saw a significant downward revision from the previous reading, fueled market concerns about an economic slowdown and pushed US Treasury yields lower.
The increased expectations for a rate cut have reduced the upside potential for the US dollar and US Treasury yields, indirectly providing support for gold.
In terms of market sentiment, a rebound in global stock markets has weakened gold's safe-haven demand. The MSCI World Index snapped a six-day losing streak, with the Asia-Pacific Index rising 0.6%. Japan's Nikkei 225 rose 280 points on Tuesday. Europe's STOXX 50 and STOXX 600 indices both rose approximately 0.4%. The UK's FTSE 100 approached its all-time high of 9,150 points. The three major US stock indices performed particularly strongly on Monday, with the S&P 500 rising 1.5%, the Dow Jones Industrial Average soaring 585 points, and the Nasdaq Composite Index rising 1.9%.
The recovery of risk appetite has made investors more inclined to chase high-yield assets, and the attractiveness of gold has temporarily declined.
📊Technical aspects
Technically, gold is likely to continue trading in a narrow range between its 50-day and 100-day moving averages. Key support levels at $3,350 and resistance at $3,385 will be the focus of near-term bull-bear trading. A breakout from fundamental data or news could signal a clearer trend for gold prices.
In the long term, slowing global economic growth, central bank gold purchasing, and persistent geopolitical risks will continue to provide structural support for gold.
If the bulls can regain their footing on the bottom of the ascending triangle pattern and break through the resistance level of $3,380, gold prices are expected to further challenge $3,440 and even retest the historical high.
💰Strategy Package
Long Position:3370-3375,SL:3350,Target: 3400-3420