recovery 3352, signal SELL gold trendline todayPlan XAU day: 16 July 2025
Related Information:!!!
Gold prices (XAU/USD) maintain a firm tone during the early European session on Wednesday, currently trading just below the $3,340 level. Investor sentiment remains cautious amid concerns over the potential economic repercussions of US President Donald Trump’s tariff policies, coupled with expectations that the Federal Reserve (Fed) will maintain elevated interest rates for an extended period. This risk-averse mood—reflected in the generally weaker performance of equity markets—is helping to revive demand for the safe-haven precious metal following two consecutive days of losses.
Additionally, a modest pullback in the US Dollar (USD) from its highest level since June 23—reached in response to slightly stronger-than-expected inflation data for June—provides further support to gold prices. Nevertheless, the growing consensus that the Fed is likely to postpone rate cuts amid persistent inflationary pressures should limit significant USD depreciation and cap upside potential for the non-yielding yellow metal. Consequently, a cautious approach remains advisable for XAU/USD bulls as market participants await the release of the US Producer Price Index (PPI) later in the North American session
personal opinion:!!!
Gold price recovers to gain liquidity in Asian and European trading sessions, inflation indicators increase, DXY recovers, gold price continues to be under selling pressure
Important price zone to consider : !!!
resistance zone point: 3352 zone
Sustainable trading to beat the market
Xauusd(w)
GOLD 16/07 Minor Pullback Before PPI? Bears May Reclaim Control!GOLD 16/07 – Minor Pullback Before PPI? Bears May Reclaim Control!
🌍 Market Overview: Inflation Softens, But Risk Remains
Gold is currently trading around $3,334 after a sharp correction earlier this week. While core US CPI data for June came in lower than expected, institutions like BlackRock are signaling concerns:
The impact of new tariffs is only starting to show.
Consumer prices on appliances and electronics are rising.
As inventories shrink, businesses may pass on costs directly to consumers.
➡️ This reinforces Gold’s long-term value as a safe-haven asset, especially with rising macroeconomic risks and uncertainty around the Fed's next move.
📉 Technical Insight: Pullback or Trend Continuation?
Yesterday’s CPI release triggered a sharp drop, pushing price back to the 332x zone.
This created a Fair Value Gap (FVG) on the H1 chart.
Around the 3347–3349 level, we see a Continuation Pattern (CP) forming, hinting that the main downtrend might resume after a temporary bounce.
💡 If price returns to the 334x–336x supply zones during the London or New York session, these will be critical SELL zones. Expect price to potentially target the FVG liquidity area below 329x if bears regain control.
📊 Key Trade Setups
🔵 BUY ZONE: 3,296 – 3,294 (Liquidity Trap Zone)
SL: 3,290
TP: 3,300 → 3,304 → 3,308 → 3,312 → 3,316 → 3,320 → 3,330
🔴 SELL SCALP: 3,347 – 3,349 (CP Reaction Area)
SL: 3,353
TP: 3,343 → 3,340 → 3,336 → 3,330 → 3,325 → 3,320 → 3,310 → 3,300
🚨 SELL ZONE: 3,358 – 3,360 (VPOC Zone)
SL: 3,364
TP: 3,354 → 3,350 → 3,346 → 3,340 → 3,330 → 3,320 → 3,300
⚠️ Strategy Note:
With the PPI data release expected to move markets today, price may spike upward in early sessions. Watch closely for bearish rejection candles around CP and VPOC zones before entering. Use proper SL and TP levels to protect capital.
💬 What’s Your Outlook Today?
Do you see gold breaking below 329x to fill deeper liquidity, or will macro risks support a fresh rally?
👇 Drop your thoughts and let’s discuss trade ideas in the comments!
Gold Faces Pressure as USD Strengthens – A Buying Opportunity?Gold prices have seen a slight decline today compared to yesterday’s trading session, fluctuating around 3,328 USD after losing over 43 USD in just one session.
The main factors contributing to this drop are:
-USD Strength: The USD Index rose by 0.56%, making gold more expensive for investors holding other currencies.
-Rising U.S. Bond Yields: U.S. Treasury yields surged to nearly 4.5%, drawing money away from the gold market.
-U.S. CPI for June: The CPI met expectations, easing inflation fears and reducing the demand for gold as a safe-haven asset.
Despite the short-term pressure, investors remain hopeful that the Fed will cut interest rates in September, potentially providing a boost for gold.
Personal assessment: While gold is currently in a correction phase, its long-term trend remains intact. This could be a buying opportunity if you believe in the upcoming monetary easing cycle.
What do you think about gold’s price today? Let us know in the comments!
XAUUSD – Facing Strong Resistance, Pullback Risk IncreasesGold is approaching a major resistance zone that previously halted its upward momentum. Bullish momentum is fading, while the RSI shows signs of mild divergence. Market expectations around Federal Reserve policy, along with key data like CPI, unemployment rates, and geopolitical developments, are putting pressure on the precious metals market.
Without a strong catalyst from upcoming news, gold may enter a short-term pullback phase before establishing its next major trend.
Elliott Wave Analysis – XAUUSD | July 14, 2025
🔍 Momentum Analysis
D1 Timeframe: Momentum is currently reversing to the upside, indicating that the bullish trend may continue into early next week (Monday).
H4 Timeframe: Momentum has entered the overbought zone, suggesting that a short-term correction is likely to bring momentum back down into oversold territory.
🌀 Elliott Wave Structure
On the H4 chart, we observe a contracting triangle pattern (abcde) approaching its final stages.
In the Friday trading plan, we anticipated that the corrective phase had ended and price was entering a new impulsive wave. However, there are two irregularities worth noting:
A pin bar candle with high volume has appeared at the resistance zone near 3365, while H4 momentum is overbought. This signals a likely short-term correction — something that ideally should not happen if price is already in wave 3. Ideally, price should have surged to 3402 on Friday to strengthen the bullish case.
On the H1 chart, bullish candles are small and overlapping, reflecting weak bullish momentum and a lack of conviction from buyers.
These two signs suggest that the market may still be within the correction phase, and the 3402 level will serve as a key confirmation zone to determine whether the correction has truly ended.
💡 Trading Outlook
The bullish momentum on the D1 chart still supports BUY positions for the coming week.
However, since the H4 chart is overbought, a short-term pullback is likely.
We will look to buy on dips toward lower support zones, targeting a move toward 3393 – 3402, which remains the target area as outlined in Friday’s plan with the original entry at 3332 – 3330.
📊 Trading Plan
BUY Zone: 3342 – 3340
Stop Loss (SL): 3330
Take Profit 1 (TP1): 3370
Take Profit 2 (TP2): 3393
XAUUSD – Gold Sideways, Awaiting Key Economic DataXAUUSD – Gold Sideways, Awaiting Key Economic Data: Will We See a Correction or Continued Uptrend?
🌍 Macro Overview – Waiting for Key CPI Data from the US
Currently, Gold is moving sideways in a wide price range (from the 3x price levels to 4x), awaiting important economic data this week from USD, GBP, AUD, and EUR.
📊 Key Economic Data Today:
The US CPI report will be released during the US session, one of the most crucial reports of the month.
CPI forecast is positive at 0.3%, which is considered a good sign for the US economy.
This data is expected to align with the recent Nonfarm results and could lead to a strong price movement at the time of the announcement, potentially helping to sweep liquidity.
🔍 Technical Analysis – Uptrend with Key Resistance
The current trend is still upward, but the movement on larger timeframes is not as strong.
Key resistance lies between 337x and 339x, where SELL orders are currently dominant.
If price breaks through these levels, Gold may find support to move towards 3400.
📈 Short-Term Forecast:
A pullback to around 333x is expected, providing a good BUY opportunity.
Looking further, 331x could be a possible target as the price range remains wide.
🎯 Trading Strategy for Today
🟢 BUY ZONE: 3331 – 3329
SL: 3325
TP: 3335 → 3340 → 3345 → 3350 → 3360 → 3370 → ????
🔴 SELL ZONE: 3392 – 3394
SL: 3398
TP: 3388 → 3384 → 3380 → 3376 → 3370
⚠️ Important Notes:
Watch for support and resistance levels to set up suitable Scalping trades according to the trend.
Follow the TP and SL to protect your account, and avoid FOMO when there's no confirmation.
The 3350 – 3347 range is a key zone for entering BUY trades early.
💬 What do you think about Gold’s movement today? Do you believe it will break above the resistance, or will we see further correction? Drop your thoughts in the comments below and join the discussion with fellow traders!
👉 If you’re looking for more daily updates and live discussions, don’t forget to follow and be part of our community! Let’s make the most of these market opportunities together.
Gold Price Today: Uptrend or Correction?The price of gol today is showing mixed trends, with key factors affecting the market. Expectations around Federal Reserve monetary policy and important economic data, such as CPI and unemployment rate, are directly influencing the precious metals market. Additionally, global political tensions and the strengt continue to play a significant role in gold's direction.
Gold remains a safe-haven asset amid economic uncertainty, but fluctuating interest rates and market volatility could lead to unpredictable movements.
Current Trend: Gold may experience a slight correction if economic data turns positive and the USD strengthens, but it still remains an attractive long-term asset due to global uncertainty and inflation.
Gold at Critical Support After Fib Rejection CPI Day SetupGold has shown a rejection from the 60% Fibonacci resistance zone as we anticipated, and the price is now testing crucial support levels. The market is currently finding some stability around key areas that we need to monitor closely.
Our primary support zone remains at 3340-3345, which is particularly significant as this was the previous breakout area. This level has proven to be strong in the past and could provide the foundation for any potential bounce. Just below this, we have the 3335 pivot acting as additional support, creating a solid floor for the current price action.
What makes the current setup interesting is that price is attempting to reclaim the 3350 level. If we can see a successful breakout above Monday's high, this could trigger a strong bullish move as it would indicate that buyers are regaining control and pushing through previous resistance levels.
Today's CPI data release will be the main driver for gold's direction.
The trading scenario looks fairly straightforward a break above Monday's high with good volume would signal bullish momentum and could target higher resistance levels. we already seen a strong bounce from the 3340-3345 support zone in opening today,. However, if the 3335 pivot fails to hold, we might see further downside pressure.
Elliott Wave Analysis – XAUUSD | July 15, 2025
🟢 Trade Update
The BUY order at the 3342 – 3340 zone was triggered at 3341. As of now, price has moved up by 140 pips, and the market is still following the planned scenario from the previous analysis.
📊 Momentum Analysis
D1 Timeframe: Momentum is in the overbought zone, and indicator lines are showing signs of crossing — a warning signal of a potential reversal on the daily chart.
H4 Timeframe: After a 6-candle decline from 3377 to 3342, H4 momentum has reversed upward. With 2 bullish candles already formed, we expect another 3–5 bullish candles, aiming toward the 3390 zone.
🌀 Elliott Wave Update
Price action is currently moving toward the end of the abcde contracting triangle. We are monitoring two potential scenarios:
Scenario 1 – Ongoing Triangle Correction
If price returns to the lower boundary of the triangle, it is likely forming wave e, which would present a buy opportunity for the final leg of the triangle.
Scenario 2 – 5-Wave Impulse Extension
The current structure shows a 5-wave impulsive move, with wave 4 completed and wave 5 now beginning.
The projected target for wave 5 aligns with the resistance zone at 3398 – 3402.
After completing wave 5, the market could enter a corrective phase, consistent with the idea that wave d ends at this resistance.
🔔 If the price breaks above 3402, it would likely confirm that the abcde correction is complete and that a new impulsive bullish wave has started.
🎯 Trade Plan
📍SELL Zone: 3396 – 3398
⛔️ Stop Loss: 3406
🎯 TP1: 3376
🎯 TP2: 3327
📍BUY Zone: 3295 – 3293
⛔️ Stop Loss: 3285
🎯 TP1: 3327
🎯 TP2: 3365
🎯 TP3: 3402
✅ Note: Prioritize entries only after confirmation from price action and momentum at key levels.
XAUUSD at risk of dropping – is gold going to fall further?XAUUSD is currently trading around 3,355, close to the resistance at 3,375. After a strong rally, gold is facing difficulty at this level and is likely to experience a correction. A symmetrical triangle pattern is forming, and if gold fails to break through the resistance, the price could drop to 3,301 or 3,255.
In terms of news, the USD and U.S. bond yields are holding steady, with stable U.S. employment data and no clear signals from the Fed on interest rate cuts. Additionally, the World Gold Council warns of a potential correction in gold if global political tensions ease or if USD and bond yields continue to rise.
Sellers are starting to take control, and if the support at 3,320 is broken, gold could fall further. Keep a close eye on the market!
EUR/USD Weakens Amid Trade Tensions and Fed OutlookThe EUR/USD pair continues to decline under the pressure of trade tensions and expectations surrounding the U.S. Federal Reserve's monetary policy. This week, the U.S. decision to impose new tariffs on certain products has heightened market uncertainty, weakening the euro and pushing the price lower.
On the other hand, the continued strength of the U.S. dollar, supported by solid economic data and expectations of a restrictive Fed policy, has worsened the decline of the European currency.
Technically, EUR/USD appears to be breaking through support levels, with the risk of further declines if the current trend continues.
Early Week Correction Ahead of Heavy News Flow GOLD PLAN – July 14 | Early Week Correction Ahead of Heavy News Flow
📰 Macro Context – Volatile Week Expected
Gold opened this week with a sharp correction, retracing after sweeping liquidity from the previous 2-week FVG zone. This early reaction reflects investor caution ahead of key tariff-related announcements due later this week.
In addition to geopolitical factors, the market is also bracing for major US economic data, including:
📊 CPI (Consumer Price Index)
📊 PPI (Producer Price Index)
📊 Unemployment Claims
📊 Retail Sales Figures
These events combined make this a high-volatility week with potentially strong directional moves in the second half.
📉 Technical Outlook – M30 Timeframe
Price has taken out minor liquidity above recent highs
Currently retracing over $15 from the top
Price is now trading below the intraday VPOC (around 3358) — suggesting potential bearish momentum
If momentum continues, gold may dip into key demand zones:
🎯 333x
🎯 Possibly lower into 332x
This could provide a healthy retracement before resuming the broader uptrend.
🧭 Trading Strategy
✅ BUY ZONE: 3331 – 3329
Stop-Loss: 3325
Take-Profits:
TP1: 3335
TP2: 3340
TP3: 3344
TP4: 3350
TP5: 3360 – 3370+
🔍 This zone aligns with prior support, potential liquidity traps, and EMAs on higher timeframes — high-probability area for bounce trades if volume confirms.
⚠️ SELL ZONE: 3393 – 3395
Stop-Loss: 3399
Take-Profits:
TP1: 3390
TP2: 3386
TP3: 3382
TP4: 3378
TP5: 3374 – 3370 – 3360
📉 Great for short-term scalps if price re-tests the zone and shows rejection signs, especially around key news events.
📊 Key Levels to Watch
🔺 Resistance Zones
3358
3368
3374
3394
🔻 Support Zones
3349
3340
3331
3318
⚠️ Execution Notes & Sentiment
🕰️ At the time of writing, gold is consolidating near the M30 VPOC with no clear break in either direction.
🧘 Stay patient and wait for clear confirmation from European session volume
🚫 Avoid FOMO trades — stick to structure
✅ Respect all SL/TP levels to protect your capital
This week’s volatility will reward discipline, not speed.
📌 Summary
Gold is currently in a short-term pullback after reaching previous liquidity zones.
There’s potential for a deeper dip early this week before macro news pushes price decisively.
📌 3331–3329 remains the primary BUY zone to watch if price shows bullish confirmation.
📌 3393–3395 remains the key SELL zone for potential short-term rejections.
🔍 What’s your view this week? Are you looking to buy the dip or short the bounce?
💬 Drop your thoughts in the comments — let’s discuss setups!
✅ If this helped you, hit that like & follow for more daily plans.
📩 Want private signals & deeper trade setups? DM to join our premium group.
Gold Finds Strength in UncertaintyGold prices surged for the fourth consecutive session after U.S. President Donald Trump announced a new wave of tariffs — including a 35% import tax on Canadian goods and threats of 15–20% tariffs on other major trade partners. Previously, the U.S. had already imposed a 50% tariff on copper and Brazilian imports. These aggressive trade measures have reignited fears of a global economic slowdown, prompting investors to seek refuge in gold.
As a result, gold is increasingly viewed as a buying opportunity, with many prioritizing safety over chasing equity market highs.
Adding to the bullish case, expectations of a Federal Reserve rate cut — reinforced by comments from Fed officials Waller and Daly — have further boosted the metal’s appeal.
In summary, the mix of rising trade tensions and a dovish monetary outlook is providing strong short-term support for gold’s upward momentum.
XAUUSD - 1H SHORT (GOLD)FOREXCOM:XAUUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!
XAUUSD Analysis – Bearish Pressure ReturnsGold is facing renewed bearish pressure, as the H4 chart shows a failed attempt to break above the resistance FVG zone around $3,339. The overall structure remains bearish, with a likely move toward the $3,264 support zone in the coming sessions.
On the news front, recent U.S. CPI data came in stronger than expected, supporting the USD. Additionally, hawkish comments from Fed officials like Musalem, along with FOMC minutes showing no rush to cut rates, have stalled gold’s upward momentum. Meanwhile, the 10-year Treasury yield remains elevated, reducing the appeal of non-yielding assets like gold.
If XAUUSD fails to hold above the $3,300 zone, a move down toward $3,265 is highly probable in the short term.
Gold Struggles Under Tariff Pressure Hello everyone, great to see you again!
Today, OANDA:XAUUSD remains under notable pressure as the U.S. continues to signal a tougher trade stance. The latest move: the U.S. President announced a 50% import tariff on copper and a potential 200% tariff on pharmaceuticals, following a previous tariff notice ranging from 25% to 40% sent to 14 countries — including Japan, South Korea, Thailand, and Malaysia.
This isn’t just about protectionism. These measures fuel fears of global inflation, supply chain disruptions, and a broader economic slowdown. With surging prices in raw materials and essential goods, consumers may be forced to cut back spending, a classic warning sign for future growth.
In this environment, investors had hoped gold would shine again as a safe haven asset. However, the recent bullish momentum has been underwhelming, signaling ongoing market hesitation.
📉 On the H4 chart, XAUUSD is being squeezed into a descending pattern, which typically carries a high probability of a downside breakout. If the current support fails, the next target could fall below the 32xx area.
On the flip side, if supportive news emerges — such as a hint of rate cuts from the Fed — gold must break above the $3,335 level to revive bullish sentiment.
🔎 What do you think? Will gold break lower — or bounce back? Drop your thoughts below!
Gold Update - July 11th, 2025Gold is holding strong above 3300 on the daily close and today price breakout from the resistance trendline I mentioned yesterday. Also price is staying above the weekly pivot, which shows the bulls are getting more confident.
We're seeing some real momentum building up. The breakout from that trendline resistance is a good sign that buyers are ready to push higher.
Key Levels to Watch:
Upside Targets:
For intra day, watch 3340-45 as the next resistance area
For the bigger timeframe, we need to break and hold above 3355-60. That's the major level that will tell us if this is just a bounce or the start of something bigger.
Downside Support:
If things go wrong, the weekly pivot is our first support to watch
Also keep an eye on this week's low as backup support
Gold is finally picking a direction and it's pointing up. The breakout from the trendline gives us some confidence, but we're still in range on higher TF.
The real test will be if we can push through 3340-45 and then tackle that bigger 3355-60 area. If we can do that, then we might be back in business for the bulls.
Gold’s Recent Movement and Market SentimentXAUUSD: Gold Bounces Strongly From the Bottom, Is This the Start of a New Uptrend?
🌍 Macro Overview – Gold’s Recent Movement and Market Sentiment
Gold recently experienced a strong bounce from the 3.282 USD/oz low, reaching up to 3.317 USD/oz. This move has sparked some optimism, but let’s take a look at the key macro factors that might be affecting gold:
📉 US bond yields have dropped, signaling that market risk aversion is starting to return
💵 The USD remains strong, but buying interest for gold in Asia is increasing, as confidence in fiat currencies begins to wane
🇪🇺 The EU is pushing ahead with negotiations with the US on tariffs before the August 1st deadline. If these talks break down, gold could benefit significantly
🏦 The Fed is maintaining interest rates, but the market is betting that cuts could come in September if inflation remains under control
📊 US unemployment data and the Fed’s speech tonight will be key, with the market waiting anxiously for clues on the Fed’s next move
📊 Technical Analysis – Gold Approaching Key Resistance Zones
Gold is trading within a descending channel, but signs of a breakout are emerging after a solid test of the bottom.
Key resistance levels are around 3330 – 3340, and these will be crucial in determining whether gold can continue its upward momentum.
Fair Value Gap (FVG) has appeared between 3310 – 3320, which suggests that if buying pressure remains, a breakout could be on the horizon.
🎯 Trading Strategy for Today – Focused on Clear Entry Points
🟢 BUY SCALP:
Entry: 3310 – 3308
SL: 3304
TP: 3314 → 3318 → 3322 → 3326 → 3330
🔵 BUY ZONE (safer entry points):
Entry: 3290 – 3288
SL: 3284
TP: 3294 → 3298 → 3302 → 3306 → 3310 → 3320 → 3330
🔴 SELL SCALP (if price hits resistance levels):
Entry: 3335 – 3337
SL: 3342
TP: 3330 → 3325 → 3320 → 3315 → 3310 → 3300
⚫ SELL ZONE (strong resistance at 3360-3362):
Entry: 3360 – 3362
SL: 3366
TP: 3356 → 3352 → 3348 → 3344 → 3340 → 3336 → 3330
📌 Note:
Always place SL and TP to protect your account, especially in a market that may experience significant volatility.
Monitor the volume from London and New York sessions for clearer market direction. A strong breakout above resistance could signal the start of a new uptrend.
💬 Gold has bounced strongly, but is this the start of a larger rally, or just a brief pullback? What do you think about today’s potential trend? Share your thoughts in the comments below!
Elliott Wave Analysis – XAUUSD July 10, 2025🌀 Elliott Wave Structure
On the H4 timeframe, price has returned to test the upper boundary of the converging triangle – currently acting as dynamic resistance. Based on the current wave count, wave e (purple) may have completed at the 3279 low, and price is potentially starting a breakout move.
👉 A confirmed breakout above the triangle would validate the end of the abcde correction and mark the beginning of a new upward trend.
🔋 Momentum Analysis
D1 timeframe: As forecasted yesterday, momentum is entering oversold territory and showing early signs of a reversal. This suggests that an upward trend could dominate over the next 5 days.
H4 timeframe: The two momentum lines are sticking together, indicating a weakening upward drive. A minor pullback may be needed before the next leg up. Key nearby resistance levels to watch are 3330 and 3342.
🎯 Key Price Levels & Validation Zones
The following support zones are crucial for identifying potential entries:
Support Zone 1: 3306 – 3308
Support Zone 2: 3294 – 3297
‼️ Important: A break below 3294 would invalidate the current wave structure, and a new count would be required.
📌 Trade Plan
Scenario 1 – Buy at higher support:
Buy Zone: 3308 – 3306
SL: 3303
TP1: 3342
TP2: 3366
TP3: 3390
Scenario 2 – Buy at deeper support (if stronger correction occurs):
Buy Zone: 3297 – 3294
SL: 3287
TP1: 3342
TP2: 3366
TP3: 3390
Scenario 3 – Safer option (breakout confirmation):
Wait for a breakout above the triangle, then enter on the retest (around 3325–3330)
SL: Based on structure formed during the retest
TP range: 3366 – 3390
📌 Preferred strategy: Wait for H4 to reach oversold or wait for a confirmed breakout and retest to enter safely in alignment with the new uptrend.
Gold Finds Support as Tariff Tensions RiseHello everyone! What’s your take on XAUUSD today?
OANDA:XAUUSD is showing a mild recovery, currently trading around $3,323, gaining over 100 pips on the day. Despite this bounce, the short-term structure still leans in favour of the bears.
On July 9th, President Biden announced a 50% tariff on copper and a projected 200% tariff on pharmaceuticals, following earlier notices of 25–40% tariffs imposed on 14 countries including Japan, South Korea, Thailand, Laos, and Malaysia.
This escalation has led to a sharp rise in international copper prices and reignited fears of global inflation, supply chain disruptions, and slower economic growth. As consumers cut back and companies face contract renegotiations, financial risk is spreading across global markets.
In this climate, investors are returning to gold as a safe haven, seeking capital protection in anticipation of broader market instability.
📈 Outlook: Gold prices may continue to rally in the short term if the U.S. unveils further tariff measures or reveals new negotiation drafts in the coming days.
Gold Update - July 10th, 2025Yesterday we have seen breakdown below Monday's low , but bulls again stepped in at the lower levels and pushed gold back above 3300 by the daily close. This was actually a really encouraging sign that buyers are still willing to defend this level.Things are looking a bit better now. Gold is trading above the weekly pivot, which is a positive shift from yesterday's weakness.
What's in the way:
The immediate challenge is that dynamic trendline you can see on the chart
Bulls need to break through this first ....
After that, the next big test is around 3340 this is a high volume area where we've seen plenty of action before.
old is basically stuck in a range between 3280-85 on the bottom and 3335-40 on the top. Right now, there's no clear direction.
We need a decisive break from this range. Until then, we're just watching price bounce between these levels without any real commitment from either buyers or sellers.
XAUUSD – Gold Maintains Bullish Momentum Amid Trade TensionsGold continues to respect its long-term ascending trendline that started in September 2024. After a corrective move from the $3,450 resistance zone, price has just retested the trendline near $3,060 and bounced strongly — a clear sign that buyers still control the bullish structure.
Fundamentally, gold is supported by two major factors:
The U.S.–14-nation trade conflict, with a tariff deadline set for August 1st, is fueling risk-off sentiment and driving safe-haven demand — pushing gold above $3,300.
The global de-dollarization trend and over $38 billion flowing into gold ETFs in H1 2025 are strengthening gold’s role as a USD alternative.
Looking ahead: If XAUUSD holds above the $3,060 support zone, it may head toward $3,211 and possibly $3,350. The bullish outlook remains intact as long as the trendline is respected.
Selling pressure, gold downtrendPlan XAU day: 09 July 2025
Related Information:!!!
Gold (XAU/USD) continues to extend its decline on Wednesday for a second consecutive session, as the US Dollar (USD) and US Treasury yields strengthen ahead of the release of the Federal Open Market Committee (FOMC) Meeting Minutes.
The US Dollar Index (DXY) has climbed to a two-week high, exerting downward pressure on XAU/USD, which has fallen below the $3,300 level at the time of writing.
The forthcoming release of the FOMC Minutes from the June meeting is anticipated to provide insight into the Federal Reserve’s internal discussions regarding the future course of monetary policy.
In June, the central bank chose to maintain its benchmark interest rate within the 4.25% to 4.50% range, citing continued labor market resilience and persistent inflationary pressures.
personal opinion:!!!
Gold price is in the accumulation zone below 3300, big selling pressure. Pay attention to selling gold according to the trend line 3294
Important price zone to consider : !!!
support zone point: 3274; 3252 zone
Sustainable trading to beat the market