Trend continuation or reversal?Gold bounced strongly from the bottom of the higher time frame channel, and we should also consider that this bounce was triggered by news that was negative for the dollar on Friday. Now we need to wait and see whether this move is truly strong or if it's going to turn out to be a fake and head back down toward the bottom of the channel.
GOLD trade ideas
XAUUSD TRADE UPDATE MISSED TRADE Hey everyone here’s a trade recap of the week at first we were interested to take buys at 3254 zone as first entry and scale in at 3287 zone but price pulled down slightly missed the first entry and I didn’t execute & the second entry didn’t execute that too and market skyrocket if price activated the first entry we would’ve caught a huge trade today,the first one didn’t activated so I didn’t execute the second entry which is the 3287 zone that buyers came in so we move on and I will keep on sharing potential good setups and have a beautiful weekend guys….
XAUUSD – Smart Money Sell Setup during New York Session | ICT St
Gold (XAUUSD) has just completed a classic liquidity grab above the London session highs, forming a potential Judas Swing as New York begins.
On the 4H timeframe, we clearly have a bearish BOS (Break of Structure), and price has returned to a Premium zone within a bearish FVG and OB (Order Block).
Today is NFP Friday, and after the Fed kept rates steady mid-week, we’re expecting high volatility.
Current price action has swept the overnight liquidity and is now reacting inside a Repricing Block, aligning perfectly with the NY Midnight Open level.
🎯 My Sell Plan (Live Execution):
Sell Limit: 3306.50
SL: 3317.50 (Above OB high)
TP1: 3281.20
TP2: 3268.50
TP3: 3253.90
🧠 Bias: Bearish
🕒 Session: New York
🧮 ADR: 43 pts
📉 Market Structure: Bearish
This setup follows the ICT methodology using time, liquidity, structure, and displacement.
If we break above 3317.50 with strong displacement, the idea becomes invalid.
Let's see if Smart Money takes it down into Friday’s close.
Short position profit. Latest strategyYesterday's gold price fluctuated: it maintained sideways fluctuations in the morning and started a downward channel after the opening of the US market. The Federal Reserve's interest rate decision remained unchanged. In addition, Powell's speech suppressed expectations of a September rate cut. The gold price directly fell to around 3267 and closed the day with a negative line, which exceeded expectations.
Looking back at recent trends, gold prices saw a brief correction on Tuesday after four consecutive days of decline, but failed to sustain the upward trend, falling sharply again yesterday, demonstrating that the weak market remains intact. Judging from today's market, theoretically there is still room for further decline, but before yesterday's low is broken, we don't expect a big drop for the time being; if the support here is effective, the market may tend to correct.
Pay attention to the daily resistance near 3315, and try shorting with a light position; the hourly resistance is near 3301, which is also a good position for shorting; the intraday bull-bear watershed is near 3294. If the market falls weakly and rebounds here, there may be a decline. The target below will first look at 3275. If yesterday's low of 3267 is broken, look further to 3250: On the long side, pay attention to the 3249 support below. If it is close to broken, you can try short-term buying.
【Operation ideas】👇
The bearish strategy in the morning remains unchanged. The short position at 3315 was publicly set up in the morning. The market rebounded to 3314 and then went down directly. The idea of setting up short positions at 3301 in the morning session remains unchanged. Friends who did not follow up with the short positions at 3315 can now add short positions with a light position at 3300.
PEPPERSTONE:XAUUSD ACTIVTRADES:GOLD VANTAGE:XAUUSD ACTIVTRADES:GOLD ICMARKETS:XAUUSD VELOCITY:GOLD PYTH:XAUUSD
Gold Market Update: Major Support at and Supply atGold is recovering after a strong drop from the previous range high. Price is approaching a 4H Order Block near the 3300–3310 zone, which may act as a supply area. A minor liquidity zone has just been tapped, suggesting a potential short-term rejection.
The major support lies at 3269, which sparked the recent bullish move. If price rejects from the OB zone, a pullback toward this support is likely. However, a clean break and hold above the OB may signal further upside.
📌 Key Levels:
Supply Zone: 3300–3310
Support: 3269
🧠 Wait for clear confirmation before executing trades.
Gold breaks price channel, officially starts falling✏️ OANDA:XAUUSD price has officially broken the bullish wave structure and broken the bullish channel. A corrective downtrend has begun to form. If there is a pull back to the trendline today, it is considered a good opportunity for sell signals.
The liquidity zone 3250 is the target of this corrective downtrend. The 3283 zone also has to wait for confirmation because when the market falls and the momentum of the decline, the number of FOMO sellers will be very strong. The opposite direction is when closing back above 3375, Gold will return to the uptrend.
📉 Key Levels
SELL zone 3343-3345
Target: 3250
BUY trigger: Rejection candle 3285
Buy zone: 3251
Leave your comments on the idea. I am happy to read your views.
SHORT-TERM TECHNICAL ANALYSIS FOR GOLDXAUUSD broke down sharply from the 3,330 🔽 resistance zone, violating trendline support and slicing through 3,300 🔽. Price has now found temporary support at 3,270 🔽 and is attempting a retracement.
Support Levels: 3,270 🔽
Resistance Levels: 3,300 🔼, 3,315 🔼, 3,330 🔼
Bias:
🔼 Bullish: If price breaks and retests above 3,300, a push toward 3,315 or even 3,330 is possible.
🔽 Bearish: Failure to reclaim 3,300 could lead to continued downside toward 3,270 or even lower.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
XAUUSD: July 30th Market Analysis and StrategyGold Technical Analysis:
Daily Chart Resistance: 3351, Support: 3300
4-Hour Chart Resistance: 3340, Support: 3310
1-Hour Chart Resistance: 3334, Support: 3315.
Trading risk will increase today. We will focus on the Federal Reserve's interest rate decision and the ADP employment data, which are expected to increase market liquidity. If trading, please avoid news releases.
On the daily chart: Bollinger Bands are moving horizontally, with gold prices trading above the lower band. The MACD indicator has formed a downward death cross, indicating a release of bearish momentum. The RSI indicator has fallen back into the overbought range of 50-40, indicating a clear bottoming out and rebound in gold prices.
On the 4-Hour Chart: Bollinger Bands are narrowing, with gold prices trading near the middle band. The MACD indicator is beginning to turn upward, and the RSI is showing an oversold rebound. Gold prices are poised for an upward rebound! The NY market is focusing on the $3351 resistance level above and the $3308 support level below.
SELL: 3351near
BUY: 3315near
Gold Analysis and Trading Strategy | July 30✅ Fundamental Analysis
🔹 Short-Term Decline in Safe-Haven Demand:
Recent developments, including the U.S.-EU tariff agreement and the resumption of U.S.-China trade talks, have temporarily eased market tensions, weakening gold's appeal as a safe-haven asset.
🔹 Dollar Rebound Pressures Gold:
The U.S. Dollar Index rebounded sharply after a second bottoming attempt, breaking above the key 98.10 resistance level. This strengthened pressure on gold and limited its upward potential.
🔹 FOMC Rate Decision in Focus:
The Federal Reserve will announce its interest rate decision today. The market’s focus is on whether a signal for a potential rate cut in September will be delivered.
If the statement is hawkish, downplaying the chances of a rate cut, the dollar may strengthen further, possibly pushing gold to test support near $3300.
If the Fed adopts a dovish tone or hints at a September rate cut, it may trigger a breakout above the $3350 resistance level.
🔹 Key U.S. Economic Data Ahead:
Today also brings the release of ADP employment data and the Q2 GDP revision.
If GDP growth exceeds expectations (>2.0%), it may strengthen the case for prolonged higher interest rates, which would be bearish for gold.
If data disappoints, it could reinforce dovish expectations and support a rebound in gold prices.
✅ Technical Analysis
🔸 Gold continues to fluctuate within the $3333–$3320 range, reflecting a market in wait-and-see mode ahead of the Fed decision.
🔸 Short-term price action still favors the bearish side, but strong support below and persistent geopolitical risks are offering some downside protection for gold.
🔴 Resistance Levels: 3355 / 3375 / 3380
🟢 Support Levels: 3310 / 3300 / 3280
✅ Trading Strategy Reference:
🔰 If the price rebounds to the 3355–3365 zone, consider light short positions
⛔Stop-loss: Above 3380
🎯 Target: Around 3320
🔰 If the price pulls back and stabilizes around 3310–3300, consider short-term long positions
⛔ Stop-loss: Below 3285
🎯 Target: 3340
🔰 If the price breaks below 3300, bearish momentum may extend toward 3280
🔰 If the price breaks above 3355, the bearish structure will likely fail, and gold may resume its upward trend
✅ With the market entering a high-impact news period at month-end, volatility is expected to increase significantly. Traders should set stop-losses strictly and manage position sizes carefully to mitigate the risks of sudden market moves.
GOLD NEXT MOVE (expecting a mild bullish(24-07-2025)Go through the analysis carefully and do trade accordingly.
Anup 'BIAS for the day (24-07-2025)
Current price- 3357
"if Price stays above 3345, then next target is 3370, 3320 and 3400 and below that 3330 and 3310 ".
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
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GOLD CONSOLIDATION BEFORE FURTHER GROWTHThe ISM report released last night showed weak data, which further strengthens the bullish outlook for GOLD. The price moved from 3350 to 3390, starting its rise a few hours before the news and peaking shortly after the data was released.
Currently, GOLD is consolidating with 3375 acting as a key support level. As seen on the chart, the price is holding above this zone.
In this kind of market condition, I usually apply a range trading strategy. It helps minimize risk since stop-loss levels are placed close to the entry. However, it's worth noting that this approach is susceptible to fake breakouts.
The current tight range is between 3378 (buy zone) and 3385 (sell zone), with each boundary serving as a potential target. Stops can be placed slightly below support or above resistance levels.
Alternatively, you can set pending STOP orders at both ends of the range to catch any potential breakout or breakdown. Using STOP LIMIT orders is also a viable strategy in this scenario.
Will gold break through on August 5th?
1. Key News Drivers
✅ Expectations of a Fed Rate Cut Strengthen (Core Logic)
Weak non-farm payroll data (the probability of a September rate cut soars to 90%) leads the market to anticipate two rate cuts this year, with the first likely in September.
The US dollar weakens: expectations of interest rate cuts suppress the US dollar, and the attractiveness of gold as an interest-free asset increases.
✅ Rising risk aversion
Trump's tariff policy has sparked trade concerns, compounded by global economic uncertainty (such as a slowdown in Europe and geopolitical risks).
Fragile market sentiment: If subsequent economic data (such as CPI and retail sales) falls short of expectations, gold could rally further.
⚠️ Risk Warning: If Fed officials signal hawkishness (such as downplaying rate cuts) or if economic data rebounds, gold could experience a short-term correction.
2. Key Technical Signals
📈 Bullish Trend Confirmation Conditions:
A break above $3,375 (previous resistance level) opens up upside potential, with targets between $3,390 and $3,400, or even $3,450. Hold the support of 3335 (bull defense line). If the pullback does not break this level, the trend will remain strong.
📉 Pullback Risk Warning:
If 3335 is broken, a pullback to 3300 (a key psychological barrier) is possible, turning into a volatile market.
4-hour chart is overbought: Be wary of short-term profit-taking after consecutive days of gains.
🔍 Key Levels:
Resistance: 3375 → 3390-3400 → 3450
Support: 3360-3350 → 3335 → 3300
3. Today's Trading Strategy
🎯 Main Strategy: Buy on pullbacks (low-cost buying), supplemented by shorting at key resistance levels.
👉 Long Opportunities:
Conservatives: Enter after a pullback to 3360-3350 and stabilization. Stop loss at 3340, target at 3380-3390.
Aggressive: If it breaks through 3375, go long with a light position, set a stop-loss at 3360, and target 3400.
👉 Short Opportunities:
Short if it first hits the 3390-3400 range and finds resistance, set a stop-loss at 3410, and target 3375-3360.
⚠️ Notes:
Avoid chasing the ups and downs, and wait for key levels to be confirmed.
If it falls below 3335, pause long positions and wait for support at 3300 before repositioning.
4. Medium- to Long-Term Outlook
Bull Market Start Signal: A weekly break above 3400 could confirm the start of the Fed's rate cut cycle.
Potential target: 3500-3600 (historical high area).
Risks: If US economic data improves or the Fed turns hawkish, gold could experience a deep correction to 3200-3150.
Summary
Short-term outlook: 3375 is the dividing line between bulls and bears. If it breaks through, go long; if it hits resistance, trade in a range.
Medium- to long-term: Focus on Fed policy and economic data. Trend-setting long positions should wait for clearer signals.
📌 Action suggestion: Give priority to callback of long orders during the day, strictly set stop-loss, and be wary of high-level shocks and washouts!
GOLD: Bulls Testing the Top of the RangeGold is attempting to break above the well-established horizontal resistance near $3,430, which has capped price action since April. The metal continues to respect its ascending trendline from the December 2024 low, supported by the rising 50-day SMA ($3,344). The lower boundary of the consolidation range is marked near $3,245, making this a textbook triangle/range structure within a broader uptrend.
Momentum indicators support the bullish case:
MACD has crossed bullish above the signal line, although still near the zero line.
RSI is rising and sits at 55.46, showing room for further upside before entering overbought territory.
If bulls succeed in securing a daily close above $3,430, this would confirm a bullish breakout from multi-month consolidation, potentially opening the door to a fresh leg higher. On the downside, any failure to break out cleanly may lead to a retest of the ascending trendline and the $3,245 support area.
Summary:
Gold remains in an uptrend and is challenging the top of a 4-month range.
Break above $3,430 would signal bullish continuation.
MACD and RSI both point to building momentum.
Support lies at $3,344 (50 SMA) and $3,245 (range low).
Patience is key here—traders may wait for confirmation of a breakout or watch for rejection candles near resistance to determine the next directional bias.
-MW
TRADE UPDATE XAUUSD Hey everyone at the start of the week we was waiting to see if price would pullback to 3,250 zone to take buys after price missed our entry just a little bit of pips if you check out my last few posts but my projections for Gold is that price might be heading to 3434 zone and can’t see a pullback to our area of interest and if price get to the 3434 zone I will be waiting to see if sellers would jump in or I wait for a breakout so I will update you guys before the week ends or if am about to execute a trade….