Gold (XAU/USD) Targets $3,397 – $3,406 Amid Bullish MomentumAnalysis:
The 4H chart of Gold (XAU/USD) shows strong bullish momentum after a corrective phase. Price has broken above consolidation and is currently trading around $3,382, with upside targets at $3,397 and $3,406 (highlighted resistance zone).
The supply zone on the higher timeframe remains intact below $3,280, acting as a long-term support.
Immediate support levels lie at $3,371, $3,356, and $3,348. A break below these could shift momentum bearish.
Current bullish structure suggests that as long as price holds above $3,371, buyers may drive the price higher toward the resistance levels.
A rejection from $3,406 may lead to a pullback toward the mid-support zone before another attempt higher.
Goldstrategy
XAUUSD Weekly Plan Final Bullish Push Before a Liquidity Sweep?XAUUSD Weekly Plan – Final Bullish Push Before a Liquidity Sweep?
1. Market Context
Last week, Gold kept moving inside the H2–H4 bullish channel, pushing into the FVG High Zone and approaching the major resistance at 3426–3428 (OBS Sell Zone).
Momentum is fading – candles are compressing, and volume is dropping – signaling potential distribution.
2. Macro Outlook (High-Impact USD Data Ahead)
CPI – Aug 12 → Primary driver.
PPI – Aug 14 → Usually a leading signal for CPI.
Unemployment Claims – Aug 14 → Short-term impact.
Expectations:
CPI & PPI likely better than previous month → USD strength → Gold correction (liquidity sweep to the downside).
Weaker-than-expected CPI/PPI → USD weakness → Gold could spike for one last bullish leg before reversing.
3. Technical Overview
H2 bullish channel top aligns with FVG High Zone → big players’ sell limit & profit-taking area.
Main scenario: Test 3426–3428 → Bearish reaction → Channel breakdown → Retest 3395–3400 (VPOC) → Drop toward liquidity pools below.
4. Key Levels
SELL Zone: 3426 – 3428
SL: 3434
TP: 3420 → 3415 → 3410 → 3405 → 3400 → 3395 → 3390 → 3380 → 3370 → 3360
BUY Zone: 3330 – 3328
SL: 3322
TP: 3335 → 3340 → 3350 → 3360 → 3370 → 3380
5. Trading Plan
🔹 Primary SELL Setup:
Wait for price to reach 3426–3428 with H1/H2 bearish candle confirmation.
Take profits gradually at each downside target.
🔹 Counter-trend BUY:
Enter only if price sweeps liquidity into 3330–3328 with strong bullish reaction.
6. Trader’s Notes
Gold may still push $30–$40 higher early next week before hitting OBS Sell Zone.
Expect large SELL volume once in this zone (profit-taking + top-picking by big players).
This should be a short-term correction, not a full trend reversal.
Best to SELL from highs and hold after a confirmed channel breakdown.
7. Risk Note
High-impact week → Possible false breaks before/after CPI & PPI.
Avoid oversized positions during news releases.
A break & hold above 3434 with strong volume invalidates SELL scenario → wait for new structure.
📌 Summary:
Bias: SELL from 3426–3428 → Target liquidity pools down to 3360.
Backup Plan: BUY from 3330–3328 if liquidity grab confirmed.
Manage risk tightly, especially during high-volatility events.
— MMFlow Trading
Gold Pulls Back as Expected, Long-Term Buying Opportunity Ahead🟡 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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👉 Follow the MMF channel right here on TradingView — we deliver real, actionable market strategies, not just generic analysis.
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GOLD TRADING POINT UPDATE >READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold list week take a New All Time high ATH 2817 ) Gold Traders SMC-Trading Point still ses a bullish trend 📈 🚀 this week take a New 🆕 ATH 2837 fisrt take support breakdown moving 😃 up trand that expect it. Next week Two strong 🪨💪 support level 2785 2772 that entry buying said if close below 👇 that level that expect Short Trade. 2724 2703 )
Key Resistance level 2817+ 2837
Key Support level 2785 - 2772 - 2724 - 2703
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
GOLD TRADING POINT UPDATE < READ THE CHAPTIANBuddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 After FOMC meeting 🤝💯 trot aril analysis setup breakout one said that entry open 👐 target 2766 close above more Bull Trend target 2780 2803 if close below 👇 2740 next target we'll see 2730 2692 MA support
Key Resistance level 2766 + 2772 + 2786 + 2803 New ATH
Key support 2730 2692
Support 💫 My hard analysis setup like And Following 🤝 me that star ✨ game 🎮
Gold - US presidential electionAs everyone is expecting gold to break alltime high $2075 before US presidential election, the chart says gold will slide & trade in the range of $1736-1802 (demand zone) before making any further move upside.
Long term demand zone $1560-1682
Fibo extension supply zone @2158-2460-2685
Expecting gold not to break $2075 within 3 months of time frame.
Symmetric again - Long/ Short only on break.Last time we have seen a symmetric triangle ( look into related ideas) and it breaks the trend line but it din't break our levels.
This time also formed a symmetric triangle and hopefully it will break with good volumes and breaks our levels. Long / Short, Enter only on breakouts