Gold: eased on tariffs dealAs geopolitical and economic tensions are slowly settling down, the price of gold eased its road toward the higher grounds. During the previous week, gold was traded with a bearish sentiment, dropping from the level of $3.395 down to $3.262. The main causes behind the drop in the price of gold are related to decreased tensions in the Middle East, as well as, settlement of the trade tariffs deal between the U.S. and China. Although the details of this deal was not disclosed publicly, still, the market reacted positively to the news. Investors moved funds from safe-haven assets toward the equity and the crypto market, as riskier ones in a quest for higher returns.
The RSI took the down path, ending the week at the level of 41. The indicator is currently clearly on the road toward the oversold market side. The price of gold breached the MA50 line during the previous week, which was acting like a support line for the price of gold during the previous period. The MA200 continued with an uptrend, following the MA 50 line. There is a high distance between two lines, so the potential cross is still not in the store for the price of gold.
Charts are pointing that the gold is on the easing road currently, with a potential for further correction in the coming period. The RSI is indicating that the oversold market side might be reached in the coming period, which means that the price could further ease. The bottom of the current correction might be $3.180, which was the highest level in mid April this year. Still, some short reversals are quite expected on this road, in which sense, Monday might start with a short attempt for higher grounds. In this sense, the $3,3K level might be tested.
XAUUSDG trade ideas
Bearish Setup for GoldGold is currently in a retracement phase after breaking below the mid Keltner channel zone. The small upward arrow marks this temporary relief rally, which I anticipate will be short-lived.
Price is testing the lower band of the inner Keltner channel after rejecting from the upper zones. The structure suggests a classic lower high formation before a potential major sell-off, targeting the deeper liquidity zones around $3,218 – $3,160 and possibly $3,080 if momentum accelerates.
📉 Bias: Bearish
📌 Invalidation: A clean break and close above the red resistance block (~$3,320+)
📌 Target Zones: $3,218 → $3,160 → $3,080
🔔 Look for volume drop and wick exhaustion confirming the next leg down.
This retracement may offer one final short entry opportunity before a deeper correction unfolds.
Gold continues to be weak, but be careful about operations📣Gold prices fell 2% last Friday, hitting a near one-month low. Optimistic trade-related agreements boosted risk appetite and weakened the attractiveness of gold as a safe-haven asset. This week, the market will usher in a group meeting of major central bank governors around the world (Fed Chairman Powell, European Central Bank President Lagarde, Bank of England Governor Bailey, Bank of Japan Governor Kazuo Ueda, and Bank of Korea Governor Lee Chang-yong). The market will also usher in non-agricultural data. In addition, Powell's remarks on whether to resign may ignite the market this week. Gold prices may fluctuate more around the lower track of the Bollinger Band at $3,270/ounce this week.
Technical analysis:
Last Friday, the K-line had a lower shadow, and the Bollinger Band did not diverge. It is not easy to go short directly in operation, but wait for the rebound to confirm 3295 and the key resistance of ma5 to be short.
💰 Operation strategy: Rebound to 3280-3283 to go short, target 3270-3265, stop loss 3288-3290
If you are a beginner, I suggest you first understand what trading is.
XAUUSD: We must adapt to the market conditions! Bears in ChargeGold prices dropped as Trump announced a ceasefire between Iran and Israel, causing a significant decline. We anticipate this trend to persist, as recent price data, including volume and price momentum, indicates a strong seller’s control in the current market conditions. We have two targets for you to set your own based on your analysis, along with a stop-loss based on your strategy.
We appreciate your unwavering support throughout the years. Please like and comment.
Team Setupsfx_
❤️🚀
Waiting for gold price to grow with ADP-NF⭐️GOLDEN INFORMATION:
Gold (XAU/USD) finds it difficult to extend its two-day rally and trades within a tight range during Wednesday’s Asian session, hovering just below Tuesday’s one-week high. A modest rebound in the US Dollar—recovering from its lowest level since February 2022—has put pressure on the precious metal. Additionally, improving market sentiment continues to reduce demand for safe-haven assets like Gold, further limiting its upside.
⭐️Personal comments NOVA:
Steady trendline recovery, sustained buying could move towards 3383 with today's ADP-NF data
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3382- 3384 SL 3389
TP1: $3370
TP2: $3360
TP3: $3350
🔥BUY GOLD zone: $3312-$3310 SL $3305
TP1: $3320
TP2: $3330
TP3: $3340
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
XAUUSDTHE united state interest rate stands at 4.25%-4.5%
the US10Y open the day at 4.293% and closes 4.26% a significant drop from may high of 4.62%
the dollar index is heading to 96$ after open 97.611$ to close 97.313$.
Final GDP q/q
Actual: -0.5%
Forecast: -0.2%
Previous: -0.2%
The US economy contracted by 0.5% in the first quarter, worse than the expected 0.2% decline, indicating a sharper slowdown than anticipated.
2. Unemployment Claims
Initial Claims: 236,000
Forecast: 244,000
Previous: 245,000
Initial jobless claims fell by 10,000 to 236,000, lower than forecast and near historically low levels, suggesting that layoffs remain relatively subdued despite economic challenges.
3. Core Durable Goods Orders m/m
Actual: +0.5%
Forecast: +0.1%
Previous: +0.2%
Core durable goods orders, which exclude transportation, rose 0.5% month-over-month, beating expectations and signaling some resilience in business investment.
4. Durable Goods Orders m/m
Actual: +16.4%
Forecast: +8.6%
Previous: -6.3%
Total durable goods orders surged 16.4%, a strong rebound following a prior decline, indicating a pickup in demand for long-lasting manufactured goods.
5. Final GDP Price Index q/q
Actual: 3.7%
This measure of inflation in the GDP deflator remains elevated, reflecting persistent price pressures in the economy.
Summary of Market Implications:
The larger-than-expected GDP contraction signals economic weakness, which could increase expectations for accommodative Fed policy.
The drop in initial jobless claims supports the view that layoffs are limited, but rising continuing claims suggest some labor market softness ahead.
Strong durable goods orders point to underlying business investment strength, providing a mixed but cautiously optimistic outlook.
Elevated inflation as shown by the GDP price index keeps inflation concerns alive.
Overall, the data presents a complex picture of a slowing economy with pockets of resilience and ongoing inflationary pressures
the interest rate remains 4.24%-4.5% ,the bond market remain weak on fiscal policy challenges and pending rate outlook.
the 10 year bond yield is trading around 4.291% -4.26% and edge lower from fundamental outlook.
gold on ascending trendline connecting April till June and found support at 3312-3314.
buyers during newyork session will build momentum on technical to bridge 3350 supply .
break below 3311-3314 will heading to my demand floor .
GOLD (XAUUSD): Classic Trend-Following Pattern⚠️Gold closed on Tuesday, forming a bullish flag pattern on an hourly chart, indicating a market correction following a strong upward wave.
A breakout above the resistance line with a candle close will likely signal a continuation of the trend, with a high probability of the price rising to at least a new higher high.
However, keep in mind that the price may respect the trend line multiple times and corrections could be prolonged, which is why we depend on a reliable breakout as a trigger.
GOLD Bouncing from Trendline, Breakout Ahead?GOLD BOTTOM IS HERE 🔥
Gold has taken support from the rising trendline and is now close to breaking a key resistance. The chart is showing an ascending triangle, which usually means a big move is coming.
If price breaks above the resistance, we might see a strong rally of 13% or more.
The setup looks positive as long as the support stays strong.
Looks like Gold is ready to shine again!
Retweet if you're bullish.
Like and follow for more updates!
#GOLD TVC:XAU
GOLD ROUTE MAP UPDATEHey Everyone,
A PIPTASTIC day on the markets with our analysis playing out in true level to level fashion.
Yesterday we stated that that we had the cross and lock below 3348 opening the swing range, which was hit perfectly and gave the bounce and that we will now wait to see if the full swing is completed to 3348.
- This was played out to perfection with the full swing completed into 3348. No further lock above confirmed the rejection back into the swing range.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3376 - DONE
EMA5 CROSS AND LOCK ABOVE 3376 WILL OPEN THE FOLLOWING BULLISH TARGETS
3395
EMA5 CROSS AND LOCK ABOVE 3395 WILL OPEN THE FOLLOWING BULLISH TARGET
3419
EMA5 CROSS AND LOCK ABOVE 3419 WILL OPEN THE FOLLOWING BULLISH TARGET
3440
BEARISH TARGETS
3348 - DONE
EMA5 CROSS AND LOCK BELOW 3348 WILL OPEN THE SWING RANGE
3330 - DONE
3306 - DONE
EMA5 CROSS AND LOCK BELOW 3306 WILL OPEN THE SECONDARY SWING RANGE
3288
3271
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD I Forecast Ahead of USD Unemployment ClaimsWelcome back! Let me know your thoughts in the comments!
** XAUUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Where will gold go?In 4 hours, it has fallen below the previous low of 3295, and will continue to fall. There are two supports below, namely 3280 and 3265. Don't expect a big rebound before going short in a negative market. If the rebound is large, it will not fall. This kind of negative decline is generally judged by the 15- and 30-minute patterns. When resistance appears in the big cycle, the market has actually fallen a lot.
Today, I think the pressure is mainly in the 3300 and 3310 areas. 3310 can be considered as the pressure of the top and bottom conversion. Pay attention to 3280 and 3265 below. If you consider going long, these two positions are the main positions. For the time being, the general direction is mainly short.
Riding Wave (5) Toward 3380 Before ABC Correction📌 Market Context
The current chart shows wave (5) of a larger impulsive structure is still in progress, with price rising from the bottom of wave (4). After a clean wave (1)-(2)-(3)-(4), the market is now pushing upward, targeting the 3380 zone as a likely wave (5) completion.
🟢 Entry Levels (End of Wave 2)
First Entry: 3298
Second Entry: 3279.6
The idea is clear, gold falls as expected!The gold market is just as I predicted. I have repeatedly warned everyone not to chase the 3350-3355 line. The technical side needs to step back. Now, it just proves the idea I gave. After gold hit the highest line of 3358, it stepped back to the 3337 line and started to fluctuate. Our 3355 short order plan successfully touched 3340 to stop profit and exit. From the current gold trend, it should fluctuate like this before closing. After the opening, we will step back and go long as planned. Focus on the 3330-3335 line below. If it does not break, we can consider going long.
From the current gold trend analysis, pay attention to the 3360-3370 line of pressure on the top, and the short-term support on the bottom is around 3330-3335. Focus on the key support at 3315-3325. Relying on this range as a whole, maintain the main tone of low-long participation unchanged, wait for the pullback to confirm the support and then intervene when the opportunity arises. In the middle position, keep watching and do less, chase orders cautiously, and wait for the entry opportunity after the key points are in place.
Gold operation suggestion: go long around 3315-3325, target 3340-3350.
Gold 30Min Engaged ( Bullish Entry Detected )➕ Objective: Precision Volume Execution
Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸 Bullish Wave Coming From : 3338
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
EURUSD 30Min Engaged ( Bullish Entry Detected )
XAU/USD – Testing 2H/1H Supply Zone | Breakout or Rejection?XAU/USD – Testing 1H/2H Supply Zone | Bullish Continuation or Rejection Ahead
Gold has rallied strongly from the support zone around 3,238–3,255, breaking multiple intraday resistance levels and now approaching a critical 1H/2H Supply Zone near 3,348–3,366.
This area previously acted as a strong sell-off zone, making it a key decision point.
Scenario 1: Bullish Continuation
If price breaks and closes above 3,366 with momentum, we could see further upside toward the next resistance at 3,400 and possibly retest the ATH zone at 3,486. A short consolidation or retest within the zone would confirm strength.
Scenario 2: Rejection from Supply Zone
If the supply holds, a rejection from the zone could lead to a pullback toward:
3,320.48 (minor support)
3,297.08 (support line)
Or deeper retracement to the 3,255–3,238 support zone
Key Technical Levels
Supply Zone: 3,348 – 3,366
Resistance: 3,400 – 3,486 (ATH)
Support Levels: 3,320 – 3,297 – 3,255 – 3,238
Pivot Line: 3,348
XAUUSD Channel Down starting new Bearish Leg.Gold (XAUUSD) has been trading within a 2-week Channel Down, recently rejected on its 4H MA50 (blue trend-line). The last Lower High was priced on the 0.5 Fibonacci retracement level, so currently we are on the ideal level for a new short.
With a 4H Death Cross emerging, we are targeting the 1.382 Fibonacci extension (as the previous Bearish Leg did) at 3210 for the Channel's new Lower Low.
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GOLD Massive Bullish Breakout!
HI,Traders !
#GOLD is trading in a strong
Uptrend and the price just
Made a massive bullish
Breakout of the falling
Resistance line and the
Breakout is confirmed
So after a potential pullback
We will be expecting a
Further bullish continuation !
Comment and subscribe to help us grow !
GOLD MARKET ANALYSIS AND COMMENTARY - [Jun 30 - Jul 04]Last week, OANDA:XAUUSD fell sharply from an opening price of $3,392/oz to a low of $3,255/oz and closed at $3,274/oz. The reason was that Israel and Iran had officially ceased fire, although negotiations with the US remained difficult. In addition, FED Chairman Jerome Powell reaffirmed that there was no rush to cut interest rates due to high inflation risks. In addition, summer is a period of weak demand for physical gold, continuing to put pressure on gold prices.
In addition, summer is typically the low season for physical gold demand, which could continue to weigh on gold prices.
In addition to the seasonal lull in trading that has affected the gold market, improving economic sentiment as the Trump administration has said there is progress in trade agreements, especially the framework agreement on trade with China, will also continue to negatively impact gold prices next week.
Thus, gold prices next week may continue to be under downward pressure, but the decline may not be too large as gold prices next week are still supported by some fundamental factors.
This week, the US will release the non-farm payrolls (NFP) report and the unemployment rate for June. According to forecasts, NFP may reach 120,000 jobs. If NFP increases higher than expected, the FED will continue to delay cutting interest rates, negatively affecting gold prices next week. On the contrary, if NFP drops sharply below 100,000 jobs, it will increase the possibility of the FED cutting interest rates, helping gold prices rise again next week, but not too strongly.
📌Technically, the gold price closed below $3,300/oz this week, which could pave the way for a drop to $3,200/oz next week, or below that to $3,120/oz. If the gold price rebounds above $3,300/oz next week, it could trigger a recovery to $3,330-$3,360/oz.
Notable technical levels are listed below.
Support: 3,246 – 3,228USD
Resistance: 3,292 – 3,300USD
SELL XAUUSD PRICE 3367 - 3365⚡️
↠↠ Stop Loss 3371
BUY XAUUSD PRICE 3178 - 3180⚡️
↠↠ Stop Loss 3174
June Nonfarm Data: Gold PlungesThe US June nonfarm payrolls data is out: 147,000 jobs were added, exceeding the expected 106,000 and the previous 139,000, with slight upward revisions to the prior two months’ figures. The unemployment rate dipped from 4.2% to 4.1%, beating the forecast of 4.3%. While the US economy slows, the job market remains robust. 🌟
Post-data release, market bets on a July rate cut have evaporated, with the probability of a September cut dropping to around 75%. US stock futures extended gains, Treasury yields rose across the board, the US Dollar Index surged, and gold plunged nearly $40 in a short squeeze—signaling an unexpected major bearish hit to gold. Weng Fuhao advises trading with the trend, focusing on shorting on rebounds. 😲
Gold, jolted by the nonfarm data, slid sharply in the short term before a minor rebound, with bearish signals across all timeframes. The data triggered an immediate breakdown, shifting the short-term trend to downward: on the 3-hour chart, moving averages formed a death cross, MACD showed a death cross with expanding volume, and gold prices fell below the Bollinger Band lower track, confirming a clear bearish momentum. 📉
🚀 Sell@3355 - 3345
🚀 TP 3335 - 3325 - 3315
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
GOLD | Pressure Below Pivot – Eyes on 3255 and 3238GOLD | Market Outlook
The overall momentum remains bearish as long as the price trades below the pivot line at 3297.
Currently, the price is attempting to stabilize below 3281, suggesting a potential continuation of the downtrend toward 3270 and 3255.
A confirmed 1H close below 3255 would further strengthen the bearish scenario, opening the way toward 3238.
Sell Setup:
Valid if 1H candle closes below 3281→ Targets: 3270 and 3255
Buy Setup:
Valid if 1H candle closes above 3297→ Targets: 3314
Key Levels:
• Pivot: 3281
• Support: 3255 / 3238
• Resistance: 3297 / 3314
Gold continues to fluctuate, where will it go next week?Fundamental analysis:
With the Trump administration's massive tax cut and spending bill officially implemented, the U.S. Treasury may start a "supply flood" of short-term Treasury bonds to make up for the trillions of dollars in fiscal deficits in the future. The market has begun to respond to future supply pressures. Concerns about the oversupply of short-term Treasury bonds have been directly reflected in prices - the yield on 1-month short-term Treasury bonds has risen significantly since Monday this week. A closer look at non-agricultural new jobs exceeded expectations, but nearly half came from government departments, which is likely to reverse in July. Slowing wage growth, declining total working hours, stagnant wage income growth, and worrying consumer spending are all signs of support for gold.
Gold bottomed out and rose from the low of 3245 this week, and then soared all the way to 3365. Finally, the weekly line closed with a positive line with an upper shadow. From the overall trend, after the data is digested, next week will still be treated with a volatile mindset. The large range will focus on the 3280-3393 area. If it does not break, it will still be mainly a sweeping operation. On the daily line, it also closed with a positive line with a long upper shadow, and closed firmly above 3323. It repeatedly tested the pressure of 3345 and did not break and fell back. The structure still maintained an oscillation rhythm within a small range. From the 4-hour cycle, the Bollinger Bands closed significantly. If it opens normally next week, pay attention to the 3325-3315 and 3311 areas when it falls back to support, and pay attention to the 3357 and 3365 positions when it hits the high pressure. It is recommended to maintain the strategy of selling high and buying low in operation and respond to the trend.For more specific operational details and strategy updates, please pay attention to the notifications at the bottom 🌐 and follow them in time.
XAUUSD Daily Outlook – July 7, 2025👋 Hey traders, welcome to the fresh week! After the Friday selloff, gold is approaching a key inflection point. Let’s break down what’s happening on the Daily chart and how to approach it with clarity — no guessing, just precision.
Stay focused. The real opportunity is always in how you prepare.
🌍 Macro + Sentiment
Market remains sensitive to yield shifts and broader risk sentiment (BRICS summit also continues)
Price remains elevated in premium territory after months of vertical flow — but structure is finally showing re-accumulation or re-distribution?
📈 Daily Bias
Neutral to bearish until the 3330–3344 zone fully flips cleanly as support
Structure shows lower highs, strong wick rejections in premium zones, and a need for confirmation
🧠 What the chart tells us:
Price is compressing between a D1 FVG (below) and unfilled premium OB (above)
Friday’s low wicked into a small imbalance — but was not a clean tap into the main OB
RSI is midrange, EMAs are flat, and momentum is indecisive
We're either gearing up for a bullish FVG reclaim or prepping for a deeper drop into discount
⚠️ Key Zones to Watch
🔵 Support Zones (Buy Zones)
3230–3208
→ D1 Fair Value Gap + unmitigated bullish OB + discount pricing
→ Valid only with clean bullish rejection. High interest for sniper entries if price returns.
3170–3154
→ Untapped daily OB + historical support wick + aligns with deeper discount zone
→ Stronger bounce zone if 3230 fails. Confluence with fib retracement & RSI likely oversold here.
🔴 Supply Zones (Sell Zones)
3420–3450
→ Premium FVG + D1 OB combo + previous bearish rejection wick
→ High probability inducement area. Valid only if price fails to hold 3344 flip.
3388–3402
→ Minor supply + internal structure break level
→ Short-term reaction area. Lower conviction but watch for rejection if price overextends.
🟡 Decision / Flip Zone
3327–3344
→ Former support now turned resistance
→ If this zone flips bullish and holds, bias shifts to continuation. If rejection occurs, confirms retracement deeper into discount.
✅ Conclusion
The market is entering a decision week — no rush. Let the chart guide you.
Clarity comes not from prediction, but preparation. This chart isn’t hindsight — it’s a live framework.
✨ Final Thought
If this chart feels clear, that’s because it was built with intention — not after the move, but before it happens.
The difference between noise and precision is structure.
And we don’t guess — we prepare.
🚀 If you appreciate detailed, real-time structure like this, hit follow and join the traders who value clean execution over hype.
💬 Drop your bias below — bullish or bearish this week?
📢 Disclosure: I use Trade Nation's broker feed on TradingView and I'm part of their influencer program.
📉 This is educational content and not financial advice.