Gold Analysis – July 20, 2025In our previous updates, we highlighted the 3350–3360 zone as a critical resistance that could trigger a pullback toward the 3200 level.
📉 Over the past week, price tested this zone multiple times, and each time we saw a sharp rejection of 400–500 pips.
This behavior clearly indicates that liquidity has been absorbed in this area, and short sellers have likely hit their targets.
📈 Now, the market dynamics are shifting.
With sellers exiting and the zone losing its bearish pressure, we could be looking at the beginning of a new bullish leg. The first key resistance on the upside is 3400.
⚠️ However, considering the number of high-impact events expected this week, I personally prefer to wait for a low-risk entry closer to 3320–3330 rather than chasing the move early.
Stay alert — this week could bring high volatility and major trend moves.
