Gold falls below 3300, will it rebound or continue to fall?Gold opened lower in the morning today and then rebounded and fell again. This kind of jump market fluctuates quickly but is mostly short-term. I usually remind you to avoid chasing orders to prevent being washed. Gold rebounded weakly and failed to touch 3320 and began to fall continuously. This weak signal alerted me - it failed to rebound strongly after the gap and instead remained at a low level, suggesting that the downward momentum was very strong and fully released, and there was a risk of further weakening. In the afternoon, the gold price was still hovering around 3312-3307, confirming its weak pattern. Combined with the repeated pressure on the key support 3300, I judged that the trend has clearly turned to short.
Gold recommendation: short in the 3312-3315 range, stop loss 3320, target 3280
XAUUSD trade ideas
XAU/USD – Price Approaching Demand Zone (7 July 2025)📉 XAU/USD – Price Approaching Demand Zone (7 July 2025)
Gold has been consistently rejecting the upper gap zone and is now approaching the key 3292–3296 demand area.
📊 Key Zones:
🔻 Supply Zone (Gap): 3355–3357
🔻 Higher Supply: 3382–3404
🟩 Demand Zone to Watch: 3292–3296
🟩 Deeper Support: 3207–3231
📍 A reaction from 3292–3296 could trigger the next bullish leg. Watch for structure confirmation before entry.
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Gold opening market strategy analysis
💡Message Strategy
In the case of all negative non-agricultural data, gold did not fall below the support of 3300, which shows that gold bulls are still the main trend. The current daily pattern of gold is three positives, one negative and one positive. The trend of the opening next Monday is also very important. Once it continues to rise and rebound to break through the suppression, the bulls will open the door to regain the 3400 mark.
At present, the short-term pressure is still maintained at 3345-50, which is also the first point for the bulls to break through. Once the breakthrough is successful, the next target will be around 3365-3370.
📊Technical aspects
From the 4-hour analysis, the support at 3330 is concerned, and the support at 3320 is concerned. The short-term resistance at 3345-50 is concerned, and the suppression at 3365-70 is concerned. The overall low-multiple cycle participation is maintained. In the middle position, watch more and do less, and be cautious in chasing orders, and wait patiently for key points to participate. Pay attention to the specific operation strategy in time.
💰Strategy Package
Long Position:3320-3330,SL:3305,Target: 3370
Why is the 147k Beat in Payrolls Data Not as Strong as it Seems?Yesterday’s U.S. nonfarm payrolls report came in above expectations, but a closer look at the details reveals a less encouraging picture. Despite the headline beat, market reactions quickly faded. For instance, gold initially dropped from 3350 to 3311 in the first 15 minutes after the release but has since recovered more than 75% of that decline. So why is the June jobs report not as strong as it first appeared?
According to the BLS report, nonfarm payrolls increased by 147k in June, surpassing the consensus estimate of 106k. However, when breaking down the numbers, private payrolls rose by just 74k, well below expectations. Most of the gains came from government and healthcare hiring. Government jobs accounted for 73k new positions, and 63k of those came from the education sector alone.
Some analysts suggest the high net hiring in education may be due more to a lack of firings, a consequence of a tight labor market in that sector. Meanwhile, the 59k increase in healthcare jobs is part of a long-term trend. Over the past two years, the U.S. has added an average of 70k healthcare jobs per month. This growth is largely driven by the needs of an aging population and reduced payrolls during and after the pandemic that have yet to fully recover.
If you exclude government and healthcare hiring, U.S. payrolls increased by just 15k in June.
The unemployment rate also came in better than expected, falling to 4.1% from 4.2%, while markets had anticipated a rise to 4.3%. However, this decline was driven by a drop in the labor force participation rate, which fell to 62.3% from 62.6% in just two months , a worrying sign that fewer people are actively participating in the labor market.
In the first 15 minutes after the data came, gold fell to 3311 from 3350. In the following 18 hours, gold recaptures 85% of the loss. Gold is still over the broken bearish trendline in 1-H timeframe. With tariff deadline in 9th July and incoming 10-12 tariff letters coming in from Trump in the next few days, gold could have potential to go upwards with market understands this jobs data is not strong as it seems.
Bullish bounce off major support?XAU/USD has bounced off the support level which is an overlap support and could rise from this level to our take profit.
Entry: 3,265.39
Why we like it:
There is an overlap support level.
Stop loss: 3,121.15
Why we like it:
There is a pullback support level that aligns with the 145% Fibonacci extension.
Take profit: 3,344.54
Why we like it:
There is a pullback resistance that lines up with the 50% Fibonacci retracement.
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Elliott Wave Analysis – XAUUSD, March 7, 2025🌀 Elliott Wave Structure
On the H1 chart, wave 3 appears to have completed, and price is now entering a phase with an unusual structural behavior.
Wave 3 previously showed strong momentum, moving steeply and continuously, with no clear internal pullbacks – a classic impulse wave. Following this, we observed a corrective abc pattern in black, suggesting the end of wave 3.
Interestingly, although yesterday's ADP report was extremely bullish, gold only managed a mild breakout above the wave 3 high before pulling back this morning. Notably, the upward move followed a 3-wave abc structure in green, and price action is now showing overlapping waves with no clear directional momentum.
🧩 These signs suggest a high probability that:
🔹 Wave 5 is forming as an Ending Diagonal – a 5-wave structure with a 3-3-3-3-3 pattern.
🔹 This is typically seen at the end of a bullish cycle and often precedes a sharp reversal.
Although it's too early to confirm, we should patiently observe the upcoming price action. If the ending diagonal completes, it may present a strong sell opportunity.
🎯 Target for wave 5: around 3395, provided all 5 sub-waves within the diagonal complete.
⚠️ If price breaks below 3324, we must consider that the full 5-wave structure is already done, and a new abc corrective phase may have begun.
🔍 Momentum Analysis
Daily (D1): Momentum is about to turn bearish from overbought territory → suggests a weakening uptrend.
H4: Momentum is turning upward → likely a mild rally or sideways movement today before H4 reaches overbought again.
📌 Trading Plan
Given the current wave behavior and overlapping structure, it is best to remain patient and wait for confirmation before taking a strong position. If the Ending Diagonal structure is confirmed, it could signal a major reversal.
SELL Zone: 3392 – 3395
Stop Loss: 3403
Take Profits:
• TP1: 3368
• TP2: 3340
• TP3: 3324
XAUUSD:A long trading strategy
The highest gold price in the Asian session reached 3365.4, which is already our mid-line target range. If you have completed and left the market, congratulations, because I personally set the TP point of 3368, so it did not touch, the trend of the past two days is appropriate rewithdrawal after strengthening, the high is also gradually rising, the overall long trend has not changed. For today's data, the probability will make gold prices continue to rise, trading ideas or to do the main.
Trading Strategy:
BUY@3347-51
TP:3365-70
This TP range is also the target range of the median trader, for friends who do not have automatic stop profit, you can take a profit manually at that time.
More detailed strategies and trading will be notified here ↗↗↗
Keep updated, come to "get" ↗↗↗
XAUUSD:Today's Trading Strategy
Gold retreated in the sub-session, I have personally increased my long position near 3331, the overall trend is bullish unchanged, the median strategy is patient to rise. If you are trading short, you can go long at 3325-3330 and leave at 3340-45. The same can be said if you want to solve the problem; Trade according to your trading preferences and risk tolerance.
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The latest gold analysis and strategy on July 10:
Core logic of the market
Risk aversion supports gold prices: Trump postponed tariffs but threatened to increase them in the future. Market concerns about trade frictions remain, and gold is still supported as a safe-haven asset.
Impact of the US dollar trend: If trade tensions escalate, the US dollar may be under pressure, which is further beneficial to gold.
Technical side is bullish and volatile: The daily line closed positive and stabilized the lower Bollinger track. The H4 cycle rebounded with consecutive positives, but it has not yet broken through the key resistance of 3345. Be wary of repeated fluctuations.
Key point analysis
Support level: 3310-3300 (short-term), 3285 (strong support)
Resistance level: 3340-3345 (Daily Bollinger middle track), 3365 (target after breakthrough)
Key day of change: The rebound may continue on Thursday. If it breaks through 3345, it may further attack 3365-3400 on Friday.
Trading strategy
1. Low-to-long (main strategy)
Entry point: 3310-3315 (retracement support area)
Stop loss: 3305 (prevent false breakthrough)
Target: 3325 (short-term), 3335-3345 (key resistance area)
Logic: H4 cycle continuous positive shows bullish momentum, and it is expected to continue to rebound after retracement support.
2. High-level short-selling auxiliary trading strategy (if key resistance is touched)
Entry point: 3340-3345 (first test resistance area)
Stop loss: 3350 (prevent breakout and upward movement)
Target: 3325-3320 (short-term correction)
Logic: 3345 is a strong pressure from the middle track of the daily Bollinger. You can short before breaking through, but you need to enter and exit quickly.
Key observation points
3345 breakthrough situation:
If it stands firmly at 3345, you can go long with a light position after the correction (target 3365, 3400).
If it falls under pressure, it may return to the 3310-3340 oscillation range.
3300 defense situation:
If it falls below 3300, it may fall back to 3285, and we need to be alert to short-term weakness.
Summary
Main idea: Low-long (3310-3315) as the main, target 3345, and look at 3365+ after breaking through.
Auxiliary strategy: 3340-3345 short, fast in and fast out.
Risk control: Strictly stop loss, avoid chasing up and selling down, and pay attention to the changes in the momentum of the US market.
Perfect prediction, pay attention to the high short entry pointTrump extended the tariff agreement to August 1 and began to collect tariffs again. Although it eased market tensions, his remarks will not be extended after the expiration, and he issued a tariff threat, which increased global trade uncertainty and pushed up risk aversion. There was no clear direction coming out of the Fed's meeting minutes last night, but the potential bias was bullish.
At the beginning of the Asian session this morning, I also indicated that gold would rise and then fall. At present, it has reached the highest point near 3325 and then began to retreat, but the 4H golden cross has just been formed. There is still a certain pressure above 3333. If the gold price repeatedly competes for this position, we can continue to short without hesitation. The second short position today is near 3340-3345. There is potential momentum for the bulls in the short term. If the European session continues to fluctuate below 3333, then the entry of short positions will be slightly more stable. Yesterday, short orders were given at the key points of 3321 and 3333, and TP looked at 3310. If the bulls re-emerge below 3310-3305, you can consider short-term long positions and target 3330-3335.
XAUUSD Idea: 4H Trendline First Breakout - Liquidity PlayFOREXCOM:XAUUSD
🔍 Analysis Overview:
Price has just broken above a 4H descending trendline for the first time. However, I remain cautious due to the following key observations:
📌 NOTES:
The broader market sentiment is still bearish due to recent tariff-related news, which often fuels risk-off behavior.
Historically, the first breakout of a strong trendline often fails, trapping early buyers.
This breakout is likely attracting buy-side liquidity, giving institutions an opportunity to hunt stops.
My observation shows buying interest started around the 3308–3313 range, suggesting smart money accumulation and a possible trap.
📉 I'm watching for a fake breakout and potential reversal targeting the liquidity zones marked below around 3307 and possibly lower.
The liquidity sweep below equal lows could offer a better risk-reward setup.
💡 Conclusion:
If price fails to hold above this breakout and shows signs of rejection, I will be anticipating a return towards the previous demand zone for a liquidity grab.
#XAUUSD #GoldAnalysis #SmartMoneyConcepts #LiquidityGrab #ForexTrading #TrendlineBreak #MarketPsychology #TradingSetup #SMC #PriceAction
Market Structure Break & Bearish Reaction from Supply Zone.🔍 GOLD – Market Structure Break & Bearish Reaction from Supply Zone
Gold has recently broken its market structure (MSS), which is a significant shift in momentum and a potential indication of a change in the prevailing trend. Following this break, price retraced into a key supply zone, where it was rejected sharply—this rejection came in the form of a strong bearish engulfing candle, highlighting aggressive selling interest.
Interestingly, the market has now printed a second consecutive bearish engulfing from the same zone. This is a powerful signal that sellers are active and defending this level, making it a valid and confirmed short-term resistance zone. The repeated rejection suggests that smart money or institutional sellers may be positioned here.
Given this price action, we can anticipate a potential retracement from the current levels. The most probable downside target for this retracement would be the Fair Value Gap (FVG) that has been marked on the chart. If price respects the FVG and reacts bullishly from there, we may then see a resumption of the uptrend, possibly taking price higher again.
This setup presents a good opportunity for both short-term intraday traders and swing traders to watch for confirmation signals before entering the trade.
📌 Key Takeaways:
MSS indicates shift in trend
Consecutive bearish engulfing candles from supply zone
Sellers likely active in this area
Potential retracement toward marked FVG
Possible bullish continuation from FVG zone
🚨 As always, Do Your Own Research (DYOR) and manage your risk accordingly before making any trading decisions.
Daily Analysis- XAUUSD (Wednesday, 9th July 2024)Bias: Bullish
USD News(Red Folder):
-Unemployment Claims
Notes:
- Daily no bottom wick form yet
- Waiting for liquidity grab and
retest 0.236 fib level
- Potential BUY if there's
confirmation on lower timeframe
- Pivot point: 3280
Disclaimer:
This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
Analysis and strategy of gold trend on July 9:
Core logic sorting
Bull-bear game intensifies:
Positive factors:
Risk aversion: Trump's tariffs on Japan and South Korea (effective on August 1) caused market anxiety, and the decline of US stocks supported gold.
Central bank gold purchases: The People's Bank of China has increased its gold holdings for 8 consecutive months, and long-term demand is stable.
Negative factors:
Stronger US dollar: The US dollar index rose to 97.67 (a one-week high), suppressing gold pricing.
Technical pressure: $3345 has become a strong resistance, and multiple highs and falls show that bulls are weak.
Market focus:
In the short term, pay attention to the persistence of risk aversion and the trend of the US dollar index. If the US dollar pulls back or geopolitical risks escalate, gold may break through the range.
In the long run, the weak US dollar (down 10% this year) and global loose policies still support gold.
Key technical signals
1. Daily level
Range oscillation: 3295-3345 US dollars are in a narrow range, and the moving average is glued together, and it is necessary to wait for a directional breakthrough.
Long-short watershed:
Break above 3345 → open upside space, target 3380-3400.
Break below 3295 → may test 3270-3260 support.
2. 4-hour level
Signs of pressure: double tops formed near 3345, MACD golden cross momentum weakened, if the dead cross is confirmed, the callback will be strengthened.
Key support: 3300 (psychological barrier), if it falls below, look to 3270.
3. 1-hour level
Short-term bearish: moving average diverges downward, K-line is under pressure from short-term moving average, and the rebound momentum is insufficient.
Today's operation strategy
1. Main strategy: short on rebound
Entry point: short with a light position in the 3330-3335 range, stop loss above 3345.
Target: 3280-3270 (if it falls below 3270, hold and look at 3260).
Logic: 3345 resistance is effective + strong US dollar + technical side is bearish.
2. Auxiliary strategy: short-term long on pullback
Entry conditions: 3270-3260 stabilizes (such as K-line closes long lower shadow or MACD bottom divergence).
Stop loss: below 3250, target 3295-3300.
Logic: lower edge support of range + risk aversion may be repeated.
3. Breakthrough strategy
Break above 3345: chase long, target 3360-3380, stop loss 3330.
Break below 3260: wait and see whether the decline accelerates, avoid counter-trend operations.
Risk warning
Sudden events: If the US stock market plummets or the trade conflict escalates, gold may quickly break through 3345.
US dollar fluctuations: pay attention to whether the US dollar index can stand firm at 97.5. If it falls back, it will ease the pressure on gold.
Data impact: US economic data (such as PPI, Fed speech) may disturb the market.
Summary
Short-term: Prioritize shorting below 3345, and strictly stop loss.
Mid-term: If it breaks through 3345, turn to long thinking, and if it breaks below 3260, wait and see.
GOLD PULLS BACK TO TREND LINE AND RE-ENTERS BUY ZONE!Hey Traders so looking at Gold right now seems like we are consolidating at 3310 looking for direction. However I think the trend is still up because if you look close at support levels 3240 it has rejected that level twice.
Of course markets can flip on a dime when something unpredictable happens in this tariff driven environment so we still need to be cautious.
Seasonally Gold Rises in the Summer from a historical standpoint. But watch out to see what happens at todays FED meeting.
So if your Bullish this is the place to buy cautiously consider small position on an aggressive entry and put stop below 3230 which looks like it could be good level.
Or if conservative wait until after FED meeting to see how market reacts off this level and they buy again on a pullback if market reacts positive.
However if Bearish I would wait for a daily close and break below 3215 or 3200 before considering selling.
Good Luck & Always use Risk Management!
(Just in we are wrong in our analysis most experts recommend never to risk more than 2% of your account equity on any given trade.)
Hope This Helps Your Trading 😃
Clifford
7.9 Latest gold trend analysis and operation layout📰 News information:
1. Federal Reserve meeting minutes
📈 Technical Analysis:
Our decision to close our positions at 3305 yesterday was undoubtedly a very strategic one. After reaching a high of around 3310 last night, it began to fall. At the same time, I also gave VIP members the news that it might fall back to around 3300. Since the opening, the lowest point has reached around 3285. The overall trend is still under our control.
At present, gold will still usher in technical corrections in the short term. The current price of 3293-3290 support can be considered for long positions. If the European session continues to fall below the low, you can try to go short during the NY session. If the European session continues to maintain sideways consolidation, you can consider retreating and going long during the NY session. As long as the key support of 3250 below is held, gold will maintain its consolidation trend in short-term trading. On the contrary, once it falls below 3250, gold may directly touch the 3200 mark. Focus on the minutes of the Federal Reserve meeting, which may further influence the trend of gold.
🎯 Trading Points:
BUY 3293-3290-3285
TP 3305-3310-3320
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
GOLD SHORT TRADE Gold Short Trade Setup !
Gold Sweep Liquidity And Make A Market Structure MSS + LIQUIDITY + FVG !
Se We Are Selling Gold At FVG Area
Giving You Signal Guys !
Gold Sell FVG ( 3315 - 3325 )
Stoploss : ( 3331 )
Target Level : 3310, 3305, 3300, 3290, 3280
Hop You Got The Signal Enjoy it See You In Another Setup !
BullsSince hitting 3360+ Gold has formed a channel(flag) on which it has been declining on. Main goal is the 71 -79 retracement region before we get back to buys towards new all time highs.
Currently we at the lower end of the channel giving a buy opportunity towards the 1hr FVG @3325-3330 where we will also look for more sells and target 3280 -3274 (the 71 -79 retracement region).
NB don't force the market and watchout for major news