Gold Pulls Back as Expected, Long-Term Buying Opportunity Ahead

Jul 24, 2025

🟡 XAUUSD 24/07 – Gold Pulls Back as Expected, Long-Term Buying Opportunity Ahead

🧭 Market Overview
Gold dropped sharply from the 343x area, exactly as anticipated, after breaking the rising channel on the H1 chart and starting to sweep liquidity zones below.

Key factors influencing price action today:

Global markets are awaiting the final outcome of US-EU-China tariff negotiations.

Focus now shifts to next week’s FOMC meeting, where talks of potential rate cuts are intensifying.

Tonight’s PMI and Jobless Claims from the US could introduce unexpected volatility.

📊 Technical Outlook
While the broader trend remains bullish on D1 and H4 timeframes, the short-term H1 chart shows a clear break in structure. Price is currently exploring key FVG zones and OBS levels below.

If these liquidity zones are fully filled, it could set up a highly attractive long-term BUY opportunity, especially as markets price in future Fed rate cuts.

🎯 Today’s Trading Strategy
📌 Short-Term SELL Opportunity
→ Look for early entries at resistance zones, but only with proper confirmation.

📌 Long-Term BUY Setup
→ Target strong technical confluences at deeper levels. Be patient — focus on clean RR setups, don’t rush into early longs.

🔎 Key Price Levels to Watch
🔺 Resistance Zones (Above):
3393 – 3404 – 3414 – 3420 – 3428
🔻 Support Zones (Below):
3375 – 3366 – 3352 – 3345 – 3330

🔽 Trade Scenarios
✅ BUY ZONE: 3352 – 3350
SL: 3345
TP: 3356 → 3360 → 3364 → 3370 → 3375 → 3380 → 3390 → 3400

🔻 SELL ZONE: 3414 – 3416
SL: 3420
TP: 3410 → 3406 → 3400 → 3395 → 3390 → 3380

⚠️ News Alert
Stay cautious with tonight’s US PMI and Jobless Claims releases — these could cause sharp spikes.
✔️ Use proper SL/TP
✔️ Avoid emotional trades
✔️ Let structure confirm before entries

📣 From MMF Team – Trade Smarter Together
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Jul 24, 2025

Trade active

📉 Gold drops exactly as expected – perfect reaction from Smart Money zones!


✅ Reaction from resistance zone 3375 → +100 PIPS
✅ Reaction from zone 3366 → +80 PIPS

Big congratulations to all traders who followed Smart Money logic and traded with discipline!

Jul 24, 2025

Trade closed: target reached

📈 +200 PIPS Profit from End Liquidity – FIBO 0.618 – OBS BUY Zone!


Gold is rallying strongly after sweeping key liquidity zones.
📌 Shift SL to 3360, book 2/3 profits, and let the rest ride.

Upside potential remains high from here!