Gold Recovery Stalls at Fibonacci Resistance - Key Levels to WatWe have seen a strong recovery from the monthly pivot point, which acted as solid support. However, the price is now facing significant resistance in the Fibonacci golden zone between 3,370-3,379, based on the recent decline from 3,409 to 3,331. This resistance level presents the main challenge for bulls at this point.
For the bullish momentum to continue, buyers need to push the price above 3,379, which would confirm the upward trend and signal further strength. The positive sign is that gold has been holding steady above the 3,350 level, showing some underlying support at this price point.
Looking at key levels to watch, 3,350 serves as the immediate support level . If this level fails to hold, the next major support comes in at 3,331. A breakdown below these support levels could trigger further selling pressure and lead to additional declines in gold price.
Gold
Gold Trading Strategy XAUUSD August 13, 2025Gold Trading Strategy XAUUSD August 13, 2025:
Gold prices recovered slightly, currently trading around $3,351/oz, positive US inflation data for July has reinforced market expectations that the US Federal Reserve (FED) will cut interest rates in September, while a weaker US dollar has boosted gold's appeal.
Fundamental news: Data from the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.7% year-on-year in July, lower than the expected 2.8% and unchanged from June. Core CPI increased 3.1% year-on-year and 0.3% month-on-month, the largest increase in six months.
Technical analysis: The sideways range of 3,340 - 3,360 has not been broken yet. The MAs are showing signs of moving sideways, showing the tug-of-war between buyers and sellers. RSI H1 has started to move towards the buy zone, RSI H4 is heading towards the average line. There is a high possibility that gold price will have a correction according to RSI of H4 and increase strongly again.
Important price zones today: 3340 - 3345, 3365 - 3370 and 3385 - 3390.
Today's trading trend: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 3367 - 3369
SL 3372
TP 3364 - 3355 - 3345.
Plan 2: SELL XAUUSD zone 3387 - 3389
SL 3392
TP 3384 - 3374 - 3364 - 3345.
Plan 3: BUY XAUUSD zone 3340 - 3342
SL 3337
TP 3345 - 3355 - 3365 - 3385 - OPEN.
Wish you a safe, successful and profitable trading day.💗💗💗💗💗
Gold Plan 13/08 – Captain VincentGold Plan 13/08 – Captain Vincent ⚓
News Background
📊 Gold is holding steady near $3,350/oz after the US July CPI release.
Headline CPI : 2.7% (below forecast of 2.8%) 📉
Core CPI: 3.1% (up from 2.9%) 📈
➡ This cools down inflation fears from tariffs and increases the probability of a 25 bps Fed rate cut in September , which is bullish for Gold.
Key factors to watch:
💼 Market awaiting more data: PPI, jobless claims, retail sales.
🔍 Tariff drama: Trump says no tariffs, but US Customs just listed 1kg & 100oz gold bars under taxable imports.
🌐 US extends the trade truce with China for another 90 days.
🕊 US–Russia talks on Ukraine scheduled for 15 Aug in Alaska.
News conclusion:
Lower-than-expected CPI + higher Fed cut chances = Gold remains positive.
But tariff and geopolitical risks must be tracked closely.
Yesterday’s Action (12/08)
Gold tapped the Buy Scalp – Quick Boarding 🚤 zone and bounced ~290 pips .
However, it failed to break decisively above the zone and moved sideways around support.
Technical Plan – 13/08
1. Sell Scalp – Quick Boarding Reverse ⚓
Entry: 3,374 – 3,376
SL: 3,382
TP: 3,368 → 3,362 → 3,355 → 3,3xx
Reason: Short-term resistance, suitable for quick sell scalps when price retests higher.
2. Sell Zone – Storm Breaker 🌊
Entry: 3,405 – 3,406
SL: 3,411
TP: 3,395 → 3,385 → 3,375 → 3,365
Reason: Major resistance zone aligned with previous highs and trend channel.
Scenarios:
Price likely to rise from current sideways range to test either Sell Scalp or Storm Breaker.
Priority: Sell if reversal signals (pin bar, engulfing) appear on M15/H1 at these zones.
If price breaks above Storm Breaker and holds above 3,411 → cancel sell plan, wait for new structure.
Captain’s Note:
"The CPI wave has anchored the Gold ship near 3,350. Today, the crew is ready to set sail towards Sell Scalp and Storm Breaker, waiting for the winds to shift for a profitable turn." ⚓🌊
Gold Plan 12/08 – Captain VincentGold Plan 12/08 – Captain Vincent ⚓
Background:
After sliding from the Storm Breaker 🌊, Gold has broken below the 3358 zone and successfully retested it. The ship is now heading straight towards the Buy Scalp – Quick Boarding 🚤 dock.
Today’s Plan: Only buy when price reaches the pre-defined support zones — no chasing in open waters.
Zone 1 – Quick Boarding 🚤 (Buy Scalp)
Entry: 3,333 – 3,331
SL: 3,327
TP: 3,336 → 3,339 → 3,342 → 3,345 → 3,348 → 33xx
Note: Fast in & out. Take partial profits at each TP hit.
Zone 2 – Golden Harbor 🏝️ (Main Buy Zone)
Entry: 3,311 – 3,309
SL: 3,305
TP: 3,315 → 3,319 → 3,323 → 3,327 → 3,331 → 33xx
Note: Main accumulation zone. Hold longer if buying momentum stays strong.
Today’s Scenarios:
If price hits Quick Boarding → Wait for a reversal signal (pin bar, engulfing) on M15/H1 before entering.
If price dips to Golden Harbor → Observe the bounce strength; enter only on clear confirmation.
If neither zone is touched → Stay on the shore; wait for the next voyage.
Captain’s Note:
“The Gold ship has left the 3358 waters, turning its bow towards Quick Boarding 🚤. If docking is smooth, the crew will sail out swiftly to the open seas. Golden Harbor 🏝️ remains the main refuge if stronger waves push deeper.”
Gold Retreats to Range Zone: CPI Data Could Spark Next MoveGold has encountered strong resistance around the 3400 level and pulled back. The price has now re-entered the range zone again.
The technical picture shows gold ltaking support at 3340 support, while the 3400 level continues to act as a concrete resistance barrier above.
Yesterday's correction saw prices close below 3350, which raises some concern about near-term weakness. Today's CPI data release is expected to inject significant volatility into the market. For gold price structure, a pullback would be healthy to establish a lower high pattern as indicated on the chart, particularly if the gold intends to move lower.
On the upside, the weekly pivot at 3384 now is critical level to monitor, followed by the 3400 resistance zone. To the downside, we have to watch the 3330-3335 support area as the next key level that could determine golds immediate direction.
XAUUSD Gold Trading Strategy August 8, 2025XAUUSD Gold Trading Strategy August 8, 2025:
Gold prices have approached the 340x area and have fallen sharply to the 338x support area at the beginning of today's trading session.
Basic news: President Trump announced to double tariffs on Indian goods to 50% in response to continued oil imports from Russia. Reports show that Trump may meet with Russian President Vladimir Putin as early as next week.
Technical analysis: Gold prices are currently in an uptrend channel, but the trading range is showing signs of narrowing. The possibility that the price will correct at this 340x area is very high; if the gold price creates a double peak pattern in the H1 frame, the price range of 3375 - 3380 will confirm the pattern and create a strong downward force for the gold price. If gold forms a double top pattern here, this correction could take gold to the 3350 or even 3330 area.
Important price zones today: 3375 - 3380, 3405 - 3410 and 3420 - 3425.
Today's trading trend: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 3407 - 3409
SL 3412
TP 3404 - 3394 - 3374 - 3354.
Plan 2: SELL XAUUSD zone 3423 - 3425
SL 3428
TP 3420 - 3410 - 3390 - 3370.
Plan 3: BUY XAUUSD zone 3375 - 3377
SL 3372
TP 3380 - 3390 - 3400.
Wish you a safe, successful and profitable trading weekend.🌟🌟🌟🌟🌟
Gold Shows Strength Above Key Fibonacci LevelLooking at the broader time frame, gold has successfully maintained the upward momentum it gained on Friday, with bulls managing to sustain these higher levels. Additionally, the market has broken out aove tbhe important Fibonacci golden zone at the 60% retracement level of 3374, which is a significant bullish sign.
On the lower time frame analysis, we can observe that the 3350 level (Previos day S1) is acting as strong support for gold . Today's pivot is showing an ascending formation pattern, which is clearly visible on the 15-minute time frame chart. The intraday support level for today is at 3357.
From an overall perspective, the larger time frame structure continues to look positive and bullish and currently seems like in consolidation phase. However, if gold manages to print a high low (3335-40 will be good) on the H4 time frame, this would provide an even stronger confirmation signal for the ongoing bullish trend. The combination of sustained momentum, Fibonacci breakout, and ascending pivot formation suggests that gold remains in a favorable position for continued upward movement, provided key support levels hold.
Gold Surges on Weak NFPHello everyone, what’s your take on XAUUSD?
Gold prices soared at the end of the last session and are now trading around $3,380. This sharp rise followed a weaker-than-expected U.S. Non-Farm Payrolls (NFP) report, which shifted market sentiment toward expectations that the Fed may delay interest rate cuts. As a result, the U.S. dollar weakened and demand for gold as a safe haven surged.
Technically, gold appears to be forming a cup and handle pattern, with the first resistance target at $3,400, followed by $3,435.
What do you think? Could this rally continue? Let us know in the comments!
XAUUSD GOLD TRADING STRATEGY August 5, 2025: XAUUSD Gold Trading Strategy August 5, 2025:
Yesterday's trading session, gold prices continued to increase sharply due to previous influences. However, the possibility of a short-term correction in gold prices at the end of the week will be very high.
Basic news: According to CME FEDWatch, the probability of the Fed cutting interest rates at its September meeting has now increased to about 84%, reflecting increasing concerns about economic weakness. The market is currently pricing in at least two 25 basis point cuts between now and the end of the year, showing a clear shift in investor sentiment after disappointing employment data.
Technical analysis: Gold's bullish momentum is currently showing signs of weakening. The peak area of 3383 - 3385 may create a double peak pattern on H1, but the possibility of gold prices correcting today is very low. Currently, gold prices are filling liquidity at support areas. The correction of gold prices may take place at the end of the week when buyers take profits.
Important price zones today: 3350 - 3355 and 3330 - 3335.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3350 - 3352
SL 3347
TP 3355 - 3365 - 3375 - 3400.
Plan 2: BUY XAUUSD zone 3330 - 3332
SL 3327
TP 3335 - 3345 - 3365 - 3400.
Plan 3: SELL XAUUSD zone 3420 - 3422
SL 3425
TP 3417 - 3407 - 3387 - 3357 - OPEN (small volume).
Wish you a safe, successful and profitable trading day.🌟🌟🌟🌟🌟
Gold regains shine after Fed shiftHey traders! Let’s break down what’s been happening with XAUUSD recently.
Last week, gold made a stunning comeback — tumbling first, then surging nearly 800 pips within just a few sessions. This rapid shift was fueled by dovish signals from the Fed and soft US jobs data, which sparked growing expectations of early monetary easing.
At the same time, a global financial survey shows analyst sentiment toward gold at its highest in months. With ongoing global uncertainty, gold is once again in the spotlight as a go-to safe haven.
Despite the rally, volatility remains elevated. The next move will likely depend on upcoming economic data and fresh comments from Fed officials. Meanwhile, holiday trading could mean slower market activity in the short term.
From a technical perspective, gold has broken out of its previous downtrend channel and is moving rapidly. According to Dow Theory, a short pullback may occur — but if price holds above key support, the bullish wave could extend toward the $3,416 level, marked by the 1.618 Fibonacci extension.
This breakout might just be the beginning of a new bullish phase after weeks of sideways action.
What’s your take — is gold gearing up for something bigger?
XAUUSD - Intraday Eyes Short 📌 XAUUSD 45-min — Sell Signal at Supply After Aggressive Impulse Rally
Technical Structure Notes (45m):
🔺 A strong impulsive leg lifted price from sub-3320 zones toward 3360 — completing a breakout from accumulation.
🔴 SELL Signal triggered near prior rejection zone after signs of exhaustion.
🔻 Price is currently reacting to short-term supply, with the red moving average acting as a dynamic decision point.
🟫 Supply zone aligns with previous resistance, suggesting potential rejection unless price reclaims 3362.
📍 If price fails to hold above 3353, a pullback toward 3315–3320 becomes technically plausible.
Disclaimer: This chart is shared strictly for educational purposes and is not financial advice. Always perform your own analysis and manage risk before taking any trading decisions.
Gold Took Support – Now Bulls Are in Control! Gold Took Support – Now Bulls Are in Control!
Gold (XAUUSD) price has taken a strong bounce from the support zone, and now it’s looking bullish. Market reacted nicely from the demand zone, which means buyers are stepping in again.
📊 Technical Analysis:
✅ Strong Support Zone (3260–3280):
This area is acting like a strong base. Price touched here and immediately bounced — showing buying pressure.
🔄 Break of Structure (BOS):
Market broke the previous structure and gave signs of trend reversal. It also grabbed liquidity from the lows.
🟩 Bullish Fair Value Gap (FVG):
A clean FVG was formed and respected, which shows institutional activity and buying interest.
🎯 Target Level – 3366.984 USD:
If bullish momentum continues, gold can easily move towards this level. It’s also near a previous resistance.
📚 Educational Points:
Market took liquidity from the lows and reversed
Fair Value Gap is respected, adding confirmation
Structure break confirms buyers are in control
Price is heading towards the next resistance zone
📌 Conclusion:
Gold is now in a bullish phase. As long as the support zone is holding, buyers can stay confident. Target remains near 3366–3380 USD. Any pullback can give a good buy opportunity.
XAUUSD Gold Trading Strategy August 1, 2025:
Yesterday's trading session, gold prices recovered to the 3315 area and then continued to decrease to the 3281 area. Currently, gold prices are fluctuating quite unpredictably due to the impact of tariff news and investor confidence.
Basic news: The Federal Reserve FED continues to maintain the federal funds benchmark interest rate in the range of 4.25% - 4.50%, in line with policy since 2025. Chairman Powell did not give any signal about the next interest rate cut on September 16 - 17.
Technical analysis: After falling sharply to the 3269 area, gold prices are showing signs of recovery. In the current downtrend channel, there has been a higher bottom than the bottom at H1. We can see that if the bullish pattern at H1 is confirmed, combined with the reversal candlestick appearing at H4, the possibility of gold bouncing back to reach the resistance area of 3330, even 3350 is completely possible. In the weekend trading session, we will wait at the support zones to trade.
Important price zones today: 3280 - 3285 and 3269 - 3274.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3283 - 3285
SL 3280
TP 3288 - 3300 - 3310 - 3330.
Plan 2: BUY XAUSD zone 3269 - 3271
SL 3266
TP 3274 - 3284 - 3300 - 3320.
Wish you a safe, favorable and profitable trading day.🥰🥰🥰🥰🥰
Gold weakens further – is 3250 next?Hello traders, take a look at the chart — what do you see?
Here’s my perspective:
Recently, gold has shown signs of weakness as the U.S. dollar strengthens amid expectations that the Fed will delay interest rate cuts. In response to this, gold continues to trend lower and is currently hovering around the 3,289 USD mark.
The previous ascending trendline has been broken, and both the EMA 34 and EMA 89 have turned downward, fueling bearish momentum. The 3,320 support level has also failed, and the latest bullish correction was rejected — reinforcing the downtrend.
Given these clear fundamentals and technical confirmations, I expect the bearish momentum to accelerate, at least in the short term.
My immediate target for this move is 3,250 USD.
What about you — where’s your target?
Gold Recovery Fails at 3300 - Bearish Bias ContinuesBased on the gold chart analysis, here's a simplified price action breakdown:
Gold attempted a decent recovery and pullback yesterday, but the price is still struggling to sustain above the crucial 3300-3305 area. This inability to hold above key support levels is concerning for bullish sentiment. Additionally, gold has failed to break above the resistance trendline (black line on the chart), which further weakens the bull case.
For any meaningful upward movement, gold needs to generate at least one higher low formation, which hasn't printed yet. The immediate support zone lies at 3267-3275, and if this level breaks down, we could see further decline toward lower price levels. From a price action perspective, sellers are still in control of the market despite yesterday's recovery attempt.
The key levels to watch are the 3300-3305 resistance above and 3267-3275 support below. Until gold can break and sustain above the resistance trendline while forming higher lows, the overall sentiment remains bearish.
Gold dips again – is the bounce just a trap?Hello traders!
After a quiet start to the day, gold has turned lower and is now hovering around the $3,300 mark. The decline in OANDA:XAUUSD came as U.S. Treasury yields rose in response to strong U.S. economic data. The Fed is widely expected to maintain its current monetary policy stance during today’s session.
From a technical perspective, XAUUSD continues to form bearish structures and breakdowns. While a short-term bullish correction is currently underway, the bears still hold the upper hand — and selling opportunities remain the preferred strategy.
I’ll be focusing on two key entry zones marked on the chart, with a short-term bias favoring sell setups.
Do you agree with this approach?
⚠️ Please remember: This is just a trading idea — make sure to manage your risk properly with defined TP and SL levels.
Good luck and happy trading!
Gold Trading Strategy XAUUSD July 31, 2025Yesterday's trading session, after breaking the rising price channel in the 3318 - 3320 area, the gold price fell sharply to the 3269 area.
Basic news: US Treasury yields fell and the weak US labor market report could boost investor demand. Data released by the US Department of Labor on Tuesday showed that the number of new jobs fell in June after 2 consecutive months of increase. Today, the Federal Reserve will announce a new interest rate decision.
Technical analysis: The rising price channel in the H1 frame was broken, and the gold price immediately fell sharply. Currently, the downtrend of gold is still maintained. The MA lines are still resistance for gold prices.
Important price zones today: 3300 - 3305, 330 - 3325 and 3267 - 3272.
Today's trading trend: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 3303 - 3305
SL 3308
TP 3300 - 3290 - 3280 - 3270.
Plan 2: SELL XAUUSD zone 3323 - 3325
SL 3328
TP 3320 - 3310 - 3290 - 3280.
Plan 3: BUY XAUUSD zone 3267 - 3269
SL 3264
TP 3272 - 3282 - 3292 - 3302 (small volume).
Wish you a safe, favorable and profitable trading day.🌟🌟🌟🌟🌟
Gold price analysis before FOMC Looking at current price action, after sharp decline we witnessed earlier. Gold has found support around the monthly open level between 3300-3310, which is acting as a solid support zone right now. now price is attempting to climb higher with the help of ascending trendline, but it's running into resistance at the weekly open around 3329-31.
If we can see a clean breakout above this weekly resistance, I'd expect gold to make a move toward the 3350 level as the next logical target. Beyond that, we've got the pivot at 3367 which will likely serve as a stronger resistance barrier. On the downside, our immediate support remains at that trendline, with the major support zone at 3300 acting as our safety net.
Today's Fed interest rate decision is the major market mover event;;that could dictate gold next directional move. Personally, I'm leaning toward seeing some upward momentum today, but the real test will be whether price can hold those higher levels or if we'll see rejection and another leg down. The key is watching how gold reacts to whatever the Fed delivers and whether buyers can step in with conviction at these elevated levels. It's definitely a day to stay alert and let the market show its hand before making any big moves.
Breaking 3322, gold price continues to recoverPlan XAU day: 29 July 2025
Related Information:!!!
Gold prices (XAU/USD) advance to a new intraday high during the first half of the European session on Tuesday, recovering from the nearly three-week low around the $3,300 level reached the previous day. As market participants absorb the latest wave of trade-related optimism, lingering uncertainty ahead of this week’s key central bank events and high-impact US macroeconomic releases continues to lend support to the safe-haven precious metal.
At the same time, the US Dollar (USD) has eased slightly from its highest level since June 23, providing an additional tailwind for gold. Nonetheless, the increasingly widespread expectation that the Federal Reserve (Fed) will maintain elevated interest rates for an extended period is likely to limit any significant USD correction. Consequently, this may act as a headwind for the XAU/USD pair as attention turns to the highly anticipated FOMC meeting set to commence later today.
personal opinion:!!!
Gold price recovered, broke 3322. Good buying power, continued to recover and accumulate above 3300
Important price zone to consider : !!!
Support zone point: 3322, 3302 zone
Sustainable trading to beat the market
Gold XAUUSD Trading Strategy July 29, 2025Gold XAUUSD Trading Strategy July 29, 2025:
Yesterday's trading session, gold prices continued to fall as expected. After approaching the resistance area of 3300, gold prices are recovering.
Basic news: The market is almost unlikely to see the possibility of the FED cutting interest rates in July and about 40% chance that the FED will continue to keep interest rates unchanged in September, up from about 10% the previous month. US non-farm payrolls are likely to continue to increase rapidly, showing a rapid recovery in the labor market.
Technical analysis: Gold prices continue to stick with the MA lines, the downtrend channel has not been broken. Currently, the 3280 - 3285 area may be a support area for gold prices to recover after the previous sharp decline. We will mainly trade according to the short-term trend and wait for a long-term buying point.
Important price zones today: 3330 - 3335, 3350 - 3355 and 3280 - 3285.
Today's trading trend: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 3333 - 3335
SL 3338
TP 3330 - 3320 - 3300 - 3280.
Plan 2: SELL XAUUSD zone 3353 - 3355
SL 3358
TP 3350 - 3340 - 3320 - 3300.
Plan 3: BUY XAUUSD zone 3283 - 3285
SL 3280
TP 3288 - 3300 - 3320 - 3340 - Open.
Wish you a safe, successful and profitable trading day.💗💗💗💗💗
GOLD: Is This Just the Calm Before a Bigger Move? – GOLD: Is This Just the Calm Before a Bigger Move?
Gold has dropped nearly $50 in the last 4 sessions — showing strong bearish momentum, but is the downside exhausted? Or is this just a pause before continuation?
🔍 Macro Drivers:
Recent US–EU defense and trade agreements have weighed on gold's safe-haven appeal.
Strong US economic data has pushed USD and equities higher, redirecting flows out of precious metals.
Market sentiment is leaning short-term risk-on, which is bearish for gold – but key technical levels are approaching.
📊 Technical Context – H12 Structure:
Price broke below 3,342 key support, retested it and rejected — validating short-term supply zone.
Price is now consolidating between Sell-side liquidity (3,301–3,292) and deeper FVG/OBS zone around 3,270.
Above, multiple sell zones align at Fib 0.5–0.618 retracement with order blocks and fair value gaps.
🔧 Trade Scenarios (Plan for Reaction – Not Prediction):
🟢 BUY SCALP – Quick bounce off demand zone
Entry: 3,292 – 3,290
SL: 3,285
TPs: 3,296 → 3,300 → 3,305 → 3,310 → 3,315 → 3,320 → 3,325 → 3,330
📍Low-risk intraday bounce play from liquidity pocket
🟢 BUY SWING – Deeper test of FVG/OBS zone
Entry: 3,272 – 3,270
SL: 3,265
TPs: 3,276 → 3,280 → 3,284 → 3,288 → 3,292 → 3,294 → 3,300 → open
📍Higher R:R setup if price sweeps final liquidity zone
🔴 SELL SCALP – Rejection from short-term resistance
Entry: 3,340 – 3,342
SL: 3,346
TPs: 3,335 → 3,330 → 3,325 → 3,320 → 3,310
📍Reaction-based trade if price fails to reclaim the zone
🔴 SELL SWING – Deeper pullback into macro zone
Entry: 3,370 – 3,372
SL: 3,376
TPs: 3,365 → 3,360 → 3,355 → 3,350 → 3,345 → 3,340 → 3,330 → 3,320
📍FVG + CP zone overlap with strong OB; ideal for patient sellers
⚠️ Risk Notes:
Watch for false breakouts/liquidity traps near session opens.
Wait for price confirmation; reaction over prediction.
Maintain disciplined risk management – this is a volatile area.
🧭 I’ll be tracking price behavior at these zones closely.
If this approach to mapping price action resonates with you —
Feel free to stay connected or share your bias in the comments.
Gold dives toward 3,320 as Fed decision loomsHello everyone, what are your thoughts on gold prices?
Gold's decline is accelerating, dragging the precious metal down toward the 3,320 USD mark. A stronger U.S. dollar and further developments on the trade front following the U.S.-EU agreement have significantly impacted demand for safe-haven assets.
From a technical perspective, the break below the rising price channel could mark the beginning of a deeper correction. Oscillators on the chart have just started turning negative, suggesting that the path of least resistance for gold is now downward.
Looking ahead, Wednesday’s key FOMC decision—along with the accompanying policy statement and Powell’s press conference—will be closely scrutinized for clues on the Fed’s interest rate cut roadmap.
Additionally, investors will face several important U.S. macroeconomic data releases this week, which will play a vital role in shaping the USD’s trajectory and provide new momentum for XAUUSD.
What do you think about the precious metal? Share your thoughts below!
Gold price accumulation, price reduction rangePlan XAU day: 28 July 2025
Related Information:!!!
Gold prices (XAU/USD) have stalled their intraday rebound from a more than one-week low and are trading around the $3,335 level during the early European session on Monday, marking a decline for the third consecutive day. Renewed strength in the US Dollar (USD) continues to weigh on the precious metal, serving as a primary headwind. Additionally, a broadly positive market sentiment—supported by recent trade-related optimism—is further limiting the upside potential for the safe-haven asset.
That said, USD bulls may exercise caution and refrain from initiating aggressive positions ahead of further clarity on the Federal Reserve’s (Fed) monetary policy outlook. As such, market participants are expected to closely monitor the outcome of the upcoming two-day FOMC meeting concluding on Wednesday, which is likely to influence USD dynamics and provide fresh directional impetus for non-yielding gold. Moreover, this week’s key US macroeconomic data releases will be instrumental in determining the next leg of movement for the XAU/USD pair
personal opinion:!!!
Very important news this week, gold price is forecast to continue to fall sharply below 3300 with the almost certain result that the FED will continue to keep the current interest rate unchanged.
Important price zone to consider : !!!
resistance zone point: 3340, 3358 zone
Sustainable trading to beat the market