Sell XAUUSD"Since the price has retraced up to 80% of the previous bearish leg and there's a possibility it will reverse from the trendline, I'm entering a sell position."
XAUUSD trade ideas
GOLD MARKET ANALYSIS AND COMMENTARY - [Jul 07 - Jul 11]OANDA:XAUUSD opened the week at $3,246/oz due to low summer liquidity, easing recession fears and easing geopolitical tensions. However, they later recovered to $3,365/oz due to concerns about a possible re-escalation of the trade war, as some countries faced obstacles in negotiations with the US ahead of the July 9 tariff delay deadline. By the end of the week, prices had adjusted to $3,311/oz and closed at $3,335/oz.
In addition, the US Senate has passed the OBBBA tax cut and spending bill proposed by President Donald Trump. While it helps prevent the risk of a short-term default, the bill could increase the US public debt by more than $3,000 billion over the next 10 years, putting pressure on the bond market and raising concerns about the increasing supply of government bonds while demand is weakening.
However, US economic data over the weekend put downward pressure on gold. Specifically, the June employment report showed that the number of non-farm jobs (NFP) reached 147,000, exceeding the forecast of 111,000. The unemployment rate fell to 4.1%, lower than the expected 4.3%. At the same time, NFP data for April and May were also adjusted up to 158,000 and 144,000 jobs, respectively.
These positive numbers almost erased the expectation that the FED would cut interest rates in July. The FED also reaffirmed its stance on maintaining the current policy due to rising inflationary pressures.
Overall, gold prices are still stuck in a range, and a clearer prospect of interest rate cuts from the FED is needed to make a strong breakthrough in the near future.
📌Technically, the $3,310/oz level is now acting as an important support zone for gold prices next week. If this level is broken, prices may continue to fall further to the $3,245/oz area or even lower.
On the other hand, the $3,365/oz level is a strong resistance. If gold prices break through this area, there is a high possibility that they will approach the $3,400/oz mark. However, the upward momentum may be restrained afterwards due to profit-taking pressure from investors, especially when the US-China trade negotiations are still ongoing and have not reached a final agreement. Investors tend to be cautious, waiting for clearer signals before opening new positions.
Notable technical levels are listed below.
Support: 3,300 – 3,292 – 3,250USD
Resistance: 3,350 – 3,371 – 3,400USD
SELL XAUUSD PRICE 3401 - 3399⚡️
↠↠ Stop Loss 3405
BUY XAUUSD PRICE 3294 - 3296⚡️
↠↠ Stop Loss 3290
Gold sell off before continuation higher? Pending order set on this one before bed
Will see what develops overnight
GOLD (XAUUSD): Bearish Move From Resistance
Gold went overbought after a test of a key daily resistance cluster.
A formation of multiple bearish imbalance candles on an hourly time frame
signifies a local dominance of the sellers.
The price will continue retracing at least to 3323 support.
❤️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.
XAUUSD NEW OUTLOOKXAUUSD Sell entry
xauusd sell from 3341
Target1 3335
Target2 3330
Target3 3320
Stop lose 3350
TRADE AT YOUR OWN RISK
A High-Probability Play Unfolding!🌟 GOLD MARKET OUTLOOK – A High-Probability Play Unfolding! 🟡📉
Gold was riding a solid uptrend recently, showing strength across the board. But over the past few days, things have started to shift. We've seen a clear Market Structure Shift (MSS) followed by a Break of Structure (BOS) to the downside — signaling the start of a short-term bearish trend.
📍 What’s Happening Now?
Gold is currently trading lower after the BOS, but the market is now approaching a critical phase...
We’re expecting a retracement move to the upside — a temporary pullback that could trap early buyers (this is called inducement). This is where things get interesting!
🎯 What to Watch For:
Once the retracement plays out, we’ll be watching closely for:
🔻 Bearish Fair Value Gaps (FVGs)
🔻 Supply Zone Order Blocks
These areas could offer us high-probability sell entries aligned with the overall bearish momentum.
📉 The Target?
We’ll be aiming for the previous swing low, where liquidity is likely resting — a classic price magnet in such setups.
⚠️ Be Patient. Let the Market Come to You.
Wait for the retracement, let price fill the gaps, and only then look for confirmation to enter. Rushing in now means going against smart money flow.
🧠 DYOR – Do Your Own Research!
This is a market roadmap, not a signal.
Gold shocks and alternating long and short ideas
💡Message Strategy
As we mentioned before, the upper 3345-50 is the suppression position after the non-agricultural data last week. We can short at the 45-50 line when it rebounds. Yesterday, we also gave the idea of going long at the 3295-3301 line. At midnight, gold rebounded perfectly above the 3330 line and closed at the 3336 line.
Today we continue to pay attention to the short-term suppression of the 3345-50 line. If the rebound does not break, we will intervene in the short order. After all, the technical side needs to be adjusted and repaired during the day. We try to grasp the good entry position for operation. If your current gold operation is not ideal, welcome to communicate!
📊Technical aspects
From the 1-hour analysis, the short-term support of 3290-3295 is concerned below, the short-term resistance above is concerned about the 3345-50 line, and the suppression of 3365-70 is focused on. The overall main tone of high-altitude low-multiple cycle participation remains unchanged. In the middle position, watch more and do less, and follow orders cautiously, and maintain the main tone of participation in the trend. Wait patiently for key points to participate. Pay attention to the specific operation strategy in time.
💰Strategy Package
Long Position:3290-3300，SL：3275，Target: 3320-3340
Gold – Can It Recover From 3 Week LowsGold is back in focus this morning after it fell to a 3 week low at 3287 in early European trading.
Part of the reason for the fall may have been the on-going ceasefire agreement holding between Israel and Iran, which can reduce the need for Gold as a safe haven, or prices may have been influenced by comments from US Commerce Secretary Lutnick made to Bloomberg TV overnight which suggested that the Trump administration have plans to reach agreements with a set of 10 major trading partners ahead of the July 9th pause deadline to reinstate higher tariffs.
Of course, these potential Gold negatives need to be balanced against the potential positives of increased optimism in recent days that the Federal Reserve may cut interest rates by more than expected into the end of 2025 as the US economy stalls, and the US dollar printing a fresh 3 year low yesterday.
Looking forward, the release of the Fed’s preferred inflation gauge, the PCE Index at 1330 BST later today could hold the key to whether Gold falls below support to even lower levels (see technical section below) or moves back higher again into Friday’s close.
Whatever the outcome, its setting up for an interesting end of the week for Gold.
Technical Update:
With selling pressure developing in Gold again so far this morning, traders might well be searching for next support levels that may be successful in limiting current price declines, or if broken, could in turn lead to a more extended phase of weakness.
Much will depend on future price trends and market sentiment, but as the chart above shows, latest price activity is this morning posting new 3-week lows for Gold. This suggests traders might now be focused on 3245, equal to the last correction low in price posted on May 29th as the next possible support level.
While not a guarantee of further declines if broken, 3245 closing breaks could lead to further price weakness towards 3120, the May 15th downside extreme.
Of course, it is possible this 3245 low does continue to act as support to price weakness and may turn activity higher again. However, if this is to lead to a more sustained period of price strength, resistance might now stand at 3356.
Equal to the Bollinger mid-average, closing breaks might be required to suggest possibilities to resume price strength back towards the 3435/3452 May 6th and June 16th price failure highs.
The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
Gold Analysis Bullish Breakout | Trendline & OB Setup📈 Gold Analysis
We are currently seeing price action within a descending channel, testing key support at the M30 OB (Order Block). The price is pushing higher after bouncing off the support level, and the trendlines suggest a potential breakout to the upside.
💡 Key Levels:
Support Zone: 3326
Resistance Zone: 3342
The market is primed for a possible rally, indicated by the upward momentum and price breaking out above the trendline. Watch for confirmation as we approach the liquidity level for further bullish movement.
⚡ Trade Idea: Look for a long entry if price closes above the trendline for a continuation towards the next resistance.
Gold Price Analysis July 9GOLD XAU/USD ANALYSIS – CONFIRMING THE CONTINUATION OF THE BEARISH WAVE
Yesterday's D1 candle confirmed the downward momentum of gold when the selling pressure returned strongly below the liquidity candle wick. This shows that the selling pressure is still dominant and the downward momentum is likely to continue in today's session.
🔹 IMPORTANT RESISTANCE ZONE: 3297
The 3297 zone – which was a strong support in yesterday's session – has now turned into a resistance zone. This is a potential SELL zone for the day, especially if there is a confirmation signal from the sellers at this price zone.
🔹 CONFUSION RESISTANCE ZONE: 3310
The 3310 area is the confluence between the downtrend line and the resistance zone of the US session – which needs special attention in the SELL strategy. If the price approaches this zone, expect a reaction from the selling side to return.
🎯 SUGGESTED STRATEGY:
SELL when price does not break through 3297 (confirm selling pressure at resistance)
SELL DCA if price breaks down to 3276
Target: 3250
BUY only considered if price holds 3276 and has a bullish reaction
📌 Key Levels:
Support: 3277 – 3250
Resistance: 3297 – 3310 – 3328
Important reaction zone: 3377 (if price rebounds)
XAULD.1 setupDear all my friends.
this would be my setup for today.
calculate your position size with 583 Point stoploss.
final tp is TP3.
..
..
..
XAULD STRATEGY setup no.1
feel free to ask any question.
7.9 Gold long and short switches frequently!From the daily chart, the overall gold price is still in a weak position, the moving average is hooked, and the upper pressure is near the moving average 3319. Only if it breaks through and stands firm at this position during the day, can the bulls start to exert their strength. It happens that the MA10 position of H4 is also near 3319. At present, H4 is in a bearish trend, so the bullish pressure is still very large, but it rose in the early morning, and it bottomed out and rebounded. Combined with the recent non-continuation of the long and short trends, there is a high probability of rebounding during the day, so we can go long in the Asian session first, and go long directly at the current price of 3300, add positions to 3295, defend 3286, and look at 3312-19. The focus is still on the strength of the European session. If the European session is strong, continue to go long before the US session retreats; if the European session is weak, the US session will bottom out and rebound!
Tide turned in Sellers favorAs discussed throughout my yesterday's session commentary: "My position: I will keep Buying and Selling Gold only with my aggressive Scalp orders from my key entry and reversal points."
Firstly I have engaged multiple re-Buy orders on #3,320.890 towards #3,327.80 (Scalp of course) delivering decent Profit however when #3,322.80 got invalidated, personally I wasn't trusting the decline and re-Bought aggressively #3,312.80, #3,305.80 and #3,294.80. I did that successfully / in & out delivering excellent Profit however I would made much more if I Shorted Gold personally.
Technical analysis: The strong pullback shy of making a #3,282.80 local Low’s is a Natural Short-term correction. Yesterday's candle sequence can be identified as Three Black Crows formation but even then Daily chart remained Bullish currently as long as #3,277.80 - #3,288.80 Support zone is intact. Level mentioned represents key Support zone and it is no coincidence that the Price-action rebounded there. Hourly 4 chart is now Bearish again so I expect Bearish continuation on Gold (Sell every High's) unless Gold closes the session above #3,300.80 mark. Few Bearish important marks were hit earlier than I expected (had this for the end of the week personally) so now if / when #3,288.80 gets invalidated, I am expecting the final extension wave of this parabolic run towards #3,252.80 benchmark. I believe this will be a major Support, but shouldn't necessarily cause intense pull-back but a new Monthly accumulation period.
My position: I will Sell every High's on Gold, and pursue #3,252.80 benchmark with my both Scalp and Swing orders. I am well known Seller of Gold.
GOLD GOLD ,my call for buy on 3285 is standing at 3307 and the descending trendline will remain the demand floor until broken.
GOLD GOLD ,the price of gold rose from a strong demand floor yesterday at 3296 to 3343 and corrected into 3326.6 today
if the correction into 3326.6 is upheld ,buyers could push into 3360-3357 if they can break 3343 supply roof .
my aim is 3423-3430 zone on long confirmation.
trading is 100% probability.
#gold
GOLD GOLD ,my perspective came back 100% complete on buy and sell. After watching 3342-3338 trigger, the dollar index (dxy) renewed impulse on tariff offensive from U.S and warning to other gang of BRICS nation who will try to undermine the global dominance of dollar .
the US10Y AND DXY GOING TO THE MOON.
if we get a correction into 3318-3316 , i will will look for buy structure on 15min POE.
#GOLD #DXY #US10Y
Gold on a decline as expectedTechnical analysis: As expected last week has started off inside my Neutral Rectangle and despite the pullback from the Daily High’s, the (#1W) Weekly chart’s candle was finishing the week at (# +1.79%). As mentioned throughout the week, the last time we had two straight green (#1W), third will follow so expect Bull week (this one) if cycle is replicated. The current pullback on Hourly 4 chart (Engulfing Bearish candlestick formation) has formed an healthy post NFP Descending Channel which is currently on it’s Higher Low’s so the rebound can happen any time. Technically #3,345.80 - #3,348.80 represents the next Lower High’s Lower zone pressure point and that’s why you witnessed many upside rejections there (Gold stalled on mentioned configuration) so Short-term Buyers can Target this level. Remember, #MA50 on Daily chart is line of utmost importance (currently seen Trading at #3,322.80). Price-action still didn’t invalidated the #3,322.80 (with a market closing) Hourly 4 chart’s Support as Gold is picking up the pace towards my expected #3,348.80 - #3,357.80 Resistance zone for the fractal / local High’s.
My position: In my opinion I need to stay on Hourly 4 time-frame for us and the potential break-out to the downside since Hourly 4 chart remains Bearish (never Swing Buy while #H4 is Bearish) on logarithmic scale, hence on limited upside. My expectation is that we still have one (minor) rebound left which will be the final Selling attempt / entry towards #3,300.80 benchmark, if Buyers manage to reverse this, #3,352.80 and #3,400.80 marks are Targets to monitor / which I will pursue with set of Scalp and Swing orders. Trade accordingly as I Bought #3,302.80 with set of aggressive Scalp orders.
Excellent NFP sessionAs discussed throughout yesterday's session commentary: "My position: Gold is Trading within #3,350's belt which represents crossroads for the Short-term. Either #3,362.80 - #3,368.80 break-out to the upside towards #3,377.80 strong Resistance, or #3,342.80 - #3,352.80 break-out to the downside towards #3,327.80 Support. Current Price-action is ideal for Scalping since I don't expect major movement until tomorrow's NFP numbers."
Firstly I have re-Sold Gold almost all Wednesday's Asian session from #3,360's (Wednesday - Thursday) closing my orders on #3,352.80 then re-Bought Gold with set of aggressive Scalping orders from #3,345.80 towards #3,352.80. As NFP numbers were delivered, I have waited for decline to find a Support and Bought Gold aggressively from #3,312.80 and closed on #3,320.80. Later on, #3,332.80 Sold again (#4 aggressive Scalps) and closed on #3,327.80 and with mentioned order finalized excellent NFP session.
Technical analysis: The Short-term Price-action is Trading within #3,327.80 - #3,352.80 belt as I can easily spot idle movements on Hourly 4 chart with #3,327.80 Support bounces but regardless, Gold is Trading within my predicted values. Spot though on the Hourly 4 chart how Technicals are showcasing different / mixed values, and Gold is isolated within Neutral Rectangle with detectable Higher Low’s Upper and Lower zone. This is what I described on my commentary as an Bearish Divergence (BD) and is usually a first alert that the trend might be pointing to even stronger takedown. See how the very same divergence has Traded since November - April. On the November #12 Low, the Price-action started rising on an Ascending Channel but only once the structure formed a new Low. Then again after mentioned Low’s, Gold started rising until the next Bullish Divergence (which means, after local Low's tested, Gold engaged parabolic uptrend). I am monitoring closely #MA50 on Daily chart which is pointer for new #1 - #3 Month cycle.
My position: I will take no new orders as I am Highly satisfied with my returns / also it is holiday in U.S. as I do not expect major moves throughout the session (only ranging candles with Low Volume). Enjoy the Profits and have a great weekend!
GOLD Sell IdeaGold Trade Alert (XAU/USD): I’m entering a sell position in the 3324–3330 zone, targeting a drop to 3273 with a stop loss at 3340 to protect against unexpected spikes. Looking for the price to retrace toward the lower support area.
Always manage your risk and watch for momentum confirmation before entry.
Entry: 3324 - 3330
SL: 3340
TP: 3273
Gold Setup for longs and shorts This video covers gold on the local range whereby I expect price to eventually complete the move to the downside and clear the equal lows from MAy and June as well as take care of the poor lows and fill Quart Pivots .
I talk also about the Tradingview session volume profile chart and how this feature can really be a simple yet powerful guide for taking scalp trades off of specific levels and I show a couple of examples of the respect PA has for hitting those daily POC .
I Welcome any questions you may have
XAU / USD 30 Minute ChartHello traders. On the lower time frame 30 min, chart I have marked my current area of interest for scalp buy / sell trades. This is not me saying you should take a trade. We have Pre NY volume starting to come in 40 minutes from now ( 7:20am est), here in the US. So let's see how the current 30 min. 1 hour and 4 hour start lining up between now and the NY session. Big G gets a shout out. Be well and trade the trend.
XAUUSD Gold Weekly solid Bullish zone Gold weekly Forecast lets see how the price will plays out open and see and send your feedback about Gold.
After the breaking Price could catch there support after pull back top but last week on Friday due to the low volume price could not move Highly Gold stabilized after correction after the falling weekly from 3366 Gold price found demand again in Asia on Friday but US Budgets risk due to the holiday could increase,
Technically Price range in last week 3357 to 311 there is important level and Bullish zone,
Resistance zone 3365 / 3390
Support Levels 3325 /. 3311
it is important situation for you traders to use trade long-term hope you can find more details in the chart POs Support with like and comments for more analysis.
