GOLD WEEKLY OUTLOOK | JULY 21–25 GOLD WEEKLY OUTLOOK | JULY 21–25
Get Ready for a New Trading Week 🇮🇳
🔍 Market Recap:
Gold showed a strong bullish reversal late last week after sweeping liquidity around the FVG ZONE near 3310. Price quickly surged toward the OBS SELL ZONE around 335x–336x.
By Friday’s close, however, price reacted sharply to a confluence of technical zones (OBS + FIBO) and settled below the VPOC, hinting at a potential short-term top.
📉 Outlook for July 21–25:
📌 No major economic events are lined up next week.
⚠️ However, geopolitical tensions, global trade policies, and military news could bring sudden volatility.
Stay alert for unexpected liquidity spikes!
🧠 Technical Setup – H1 Mid-Term View:
Gold has been forming multiple Fair Value Gaps (FVGs) due to aggressive bullish moves.
While price has reached new highs, lower FVG zones remain unfilled – creating a strong possibility of a retracement.
🔁 Expected Scenario:
We may see price retrace to the 3310–3305 zone to fill these gaps, then potentially resume bullish movement.
📍 Trading Strategy for the Week:
🔸 Wait for price to enter lower FVG zones
🔸 Look for early BUY signals at key confluence areas such as:
CP zones
Fibonacci retracement levels
Volume/price reaction levels
🎯 Bullish Target Zones:
Primary target remains: 333x – 336x
If momentum continues after the pullback, we could see a move toward the Buy Side Liquidity near 3371.749
✅ Key Reminders for Indian Traders:
🚫 Avoid emotional buying at highs (no FOMO!)
📏 Stick to your TP/SL rules – risk management is critical, especially during uncertain global headlines
📊 Stay focused and trade with a plan
🌟 Wishing you a restful weekend. Come back refreshed and ready to dominate the charts next week!
🚀 Good luck & happy trading
Xauusdanalysis
18/07 Gold Outlook – Final Friday Liquidity Moves Ahead!🟡 Gold Outlook – Final Friday Liquidity Moves Ahead!
Will Gold maintain its bullish pace or face weekend volatility? Stay ahead of the market!Why Gold is Moving – Key Macro Drivers
Gold bounced back sharply after a dip caused by stronger-than-expected US economic data. Here’s what Indian traders need to keep in mind:
📊 Rate cut hopes remain high as US core inflation remains sticky.
💣 Middle East tensions continue, with Israel launching more airstrikes on Syria.
🌐 Trade war risks increase as EU threatens $84B in tariffs on US goods.
🟡 Gold is acting as a safe haven in times of inflation concerns and global uncertainty.
👉 All of these factors support gold’s upside — especially heading into the weekend when low liquidity can cause price swings.
📉 Technical Picture – Zones in Play
Gold reversed from FLZ H2 (3310) — a key liquidity and demand zone. Sellers took profits, triggering a surge in buy volume. The price has since tested the OBS Sell Zone + Continuation Pattern (CP) around 334x with strong resistance.
Today, we expect price to revisit lower liquidity pools on the M30–H2 timeframe before the next breakout.
🧭 Key Levels for Friday – Watch Closely
✅ Buy Zone: 3318 – 3316
SL: 3312
TP Targets: 3322 – 3326 – 3330 – 3335 – 3340 – 3345 – 3350 – 3360
💼 Scalp Buy Zone: 3326 – 3324
SL: 3320
TP: 3330 – 3335 – 3340 – 3345 – 3350 – 3360
⚠️ Sell Zone: 3363 – 3365
SL: 3370
TP: 3360 – 3355 – 3350 – 3346 – 3342 – 3338 – 3335 – 3330
🔔 Important Notes for Indian Traders
Today is Friday, and even though there’s no major economic news, the risk of liquidity sweeps and volatility is high. Protect your capital with solid risk management and stick to your TP/SL strategy.
📌 Plan your entries from strong technical zones and don’t chase price — let the market come to you.
Gold’s Next Move After False Headlines & Liquidity sweepXAUUSD 17/07 – MMF Insights: Gold’s Next Move After False Headlines & Liquidity Sweep
🧭 Market Sentiment: Macro Distractions Fuel Uncertainty
The gold market remains under pressure as conflicting geopolitical news and central bank rumors stir volatility. The week opened with rumors that Donald Trump might fire Fed Chair Jerome Powell, sending temporary fear across markets. While Trump later denied the claim, the damage was already done – sentiment remains fragile.
Other active drivers:
Israel’s airstrikes in Syria increase global tension.
EU proposes tariffs on US imports, adding trade friction.
BlackRock warns of delayed inflation pressure as tariffs begin impacting electronics & consumer goods.
💡 All these elements support gold’s potential role as a hedge, but technical signals suggest the market remains undecided.
🔍 MMF Technical Flow Outlook
According to MMF analysis, price structure is unfolding in line with expected liquidity sweeps and order block reactions:
Price rejected from key supply zones near 3,342 – 3,344 (OB + CP structure).
Current bounce around 3,330 – 3,320 signals possible accumulation.
If buyers hold above 3,310, we may see price test the upper OB/VPOC zones again.
Break below 3,310 opens the door toward the MMF liquidity trap zone at 3,296 – 3,294.
🎯 Trade Plan – Precision Entries
🟩 Buy Zone
Entry: 3,312 – 3,310
Stop Loss: 3,306
Take Profits:
→ 3,316 → 3,320 → 3,324 → 3,328 → 3,335 → 3,340 → 3,350
✅ This zone aligns with MMF liquidity retention and H1 continuation structure. Watch for bullish confirmation candles before entry.
🟥 Sell Zone
Entry: 3,362 – 3,364
Stop Loss: 3,368
Take Profits:
→ 3,358 → 3,354 → 3,350 → 3,345 → 3,340
⚠️ Ideal for short-term scalping or reversal confirmation setups. Rejection at VPOC or CP structure validates this zone.
⚠️ Key Notes for Indian Traders
Today’s sentiment is fragile and can shift fast with any unexpected statement from US Fed or geopolitical update.
Apply MMF structure in lower timeframes (M15/H1) for cleaner confirmation.
Avoid early entries. Wait for reaction signals near the marked zones.
💬 What Do You See Ahead?
Will MMF signals lead the market toward the deep FVG zone around 3,296?
Or are bulls getting ready to reclaim 3,360+ zones?
👇 Share your view and let’s trade smarter together with MMF precision.
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!
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.
Buy Opportunity or A Sign of a Bigger Downtrend?Gold Reverses Below 3300 – Buy Opportunity or A Sign of a Bigger Downtrend?
🧭 Market Update: Is the Sell-Off Really That Dangerous?
Gold had a surprising reversal at the end of the US session yesterday, after a sudden sharp drop targeting the 329x liquidity zone, followed by strong buying momentum pushing the price back above this level.
When gold tested the liquidity zone below 3300, large buying volumes appeared and pushed prices above this region. Overall, the market has not yet made a clear decision for either the bulls or the bears. We are still in an accumulation phase, with liquidity sweeps happening around both highs and lows, so it's crucial for traders to stay cautious and focus on finding appropriate scalping points to enter and exit.
Short-Term Outlook: Buy Bias Takes Over Today
For today, the buy bias appears to be stronger than yesterday. Focus on buying early at continuation patterns to catch the market trend. The D1 candle from yesterday formed a wick rejection, showing that the selling pressure was absorbed and the buying momentum has returned in the short term. So, it’s important to be proactive and look for early buy opportunities.
In the M30 timeframe, a solid continuation pattern is forming in the 16-14 zone, which could be an ideal entry point for today. If the price drops further, we’ll watch for a test of the old bottom at 03-00, and we’ll wait for any strong downward momentum to confirm if the bearish trend continues. On the other hand, for those considering sell positions, caution is advised. As mentioned earlier, with yesterday’s D1 wick rejection, the SELL pressure has likely been absorbed, and BUY momentum may overpower in the next few days. Avoid rushing into sell trades prematurely.
Key Support & Resistance Levels:
Important Resistance: 3342 – 3353 – 3362 – 3381
Important Support: 3330 – 3314 – 3303 – 3295
Scalping Opportunities and Buy Zones:
BUY SCALP:
3316 – 3314
Stop Loss: 3310
Take Profit: 3320 → 3325 → 3330 → 3335 → 3340 → 3350
BUY ZONE:
3303 – 3301
Stop Loss: 3297
Take Profit: 3306 → 3310 → 3315 → 3320 → 3330 → 3340 → ????
Sell Opportunities and Caution on Bears:
SELL SCALP:
3362 – 3364
Stop Loss: 3368
Take Profit: 3358 → 3354 → 3350 → 3345 → 3340 → 3330
SELL ZONE:
3380 – 3382
Stop Loss: 3386
Take Profit: 3376 → 3372 → 3368 → 3364 → 3360 → 3350
Key Takeaway:
We are at a crucial juncture where both bulls and bears are battling for control. Will gold bounce from the support and continue its bullish momentum, or will the sellers take charge and drag prices lower? Be patient and wait for clear price action signals before entering trades.
The market is currently in an accumulation phase, so don't rush into trades. Focus on buying when clear confirmations appear at support zones and be aware of sell rejections at key resistance levels.
💬 What’s Your View on Gold Today?
Do you think gold is ready to break 3390 and continue its bullish trend? Or are we looking at a deeper correction to 3270 in the coming days?
👇 Share your analysis and thoughts in the comments below! I’d love to hear your take on where gold is heading next! Let’s discuss and refine our strategies together!
DLF: Elliott Wave AnalysisWe will soon get an excellent buying opportunity in DLF.
As we can see, I have marked DLF using Elliott Wave theory and Fibonacci.
You can see that, after forming wave (1), the market falls to form wave (2). In wave (2), we can see Flat Correction marked with ABC counting.
Price then moved fast, indicating a clear impulse to form wave (3).
Currently, we are in wave (4) in DLF.
As per the rule, we can expect wave (4) to terminate between 23.6% and 38.2%
This is the most probable zone where we can expect a new impulse, i.e., wave (5), to start.
One has to wait for the market to fall in this Buying zone to get a good buying opportunity.
This analysis is based on Elliott Wave theory and Fibonacci.
This analysis is for educational purposes only.
This is not a buying recommendation.
Gold Breaks Below 3300 – Smart Buy Opportunity ... Gold Breaks Below 3300 – Smart Buy Opportunity or Warning of a Larger Downtrend?
🧭 Weekly Kickoff: Is the Sell-off Really That Dangerous?
Gold opened this week with a sharp drop, falling to 3306 USD and even breaching the psychological 3300 level to dip into the 329x region. While this could be alarming at first glance, it's more likely a liquidity sweep than the beginning of a sustained downtrend.
The market seems to be preparing for accumulation before the next big move.
🌐 Macro Highlights Impacting Gold
US inflation continues to cool → creates room for the Fed to ease policy if needed
FOMC minutes due this week → traders eye clues for timing of potential rate cuts
Middle East tension eases → safe-haven demand slightly reduced
Trump’s new tax legislation approved → may increase US debt pressure
US–China trade war sees temporary pause → easing short-term geopolitical risk
Overall, this phase resembles a classic consolidation, where breakout potential is growing rapidly.
📉 Technical Outlook – CP Pattern in Focus
A Continuation Pattern (CP) is forming – typically a sign of trend continuation after correction. This suggests current downside movement could be a technical pullback rather than a true reversal.
Price rejected resistance at 3336, broke below 3323 support, and quickly tested the 3303 region – a highly sensitive short-term support.
If the 3293 level is breached, the next liquidity pool lies around 3278 USD, which could trigger aggressive buy interest.
📌 Key Trading Plan – 04 July
🔵 BUY ZONE
3294 – 3292
Stop Loss: 3288
Take Profit Targets: 3298 → 3302 → 3306 → 3310 → 3315 → 3320 → 3330
🔴 SELL SCALP
3324 – 3326
Stop Loss: 3330
Take Profit: 3320 → 3316 → 3312 → 3308 → 3304 → 3300
🔴 SELL ZONE
3350 – 3352
Stop Loss: 3356
Take Profit: 3346 → 3340 → 3335 → 3330 → 3320
💡 Market Insight Today
This is a crucial “decision zone” for gold – the tug-of-war between bulls and bears is heating up. Will gold bounce off the 3290s and resume its upward journey, or are we heading for a deeper correction?
🧠 Keep an eye on the CP formation and price behaviour near key levels.
⚠️ Breakout traders should be patient – the real move may just be loading.
XAUUSD – Market Stays Flat Despite Trump’s Super BillXAUUSD – Market Stays Flat Despite Trump’s Super Bill, Is Gold Quietly Building Momentum?
Gold has entered a narrow consolidation phase after a series of strong macroeconomic catalysts — including the passing of Trump’s Super Bill by the U.S. House of Representatives. But instead of rallying immediately, gold remains flat... and that silence could be louder than it seems.
📰 Macro Recap – Good for USD, Bad for Gold?
The approved Super Bill may weaken the U.S. dollar in the medium term due to rising fiscal deficits. But for now, the market is skeptical, and gold is not reacting as expected.
Meanwhile, the NFP and Unemployment Rate (UR) data came in surprisingly strong last night, reinforcing the possibility that Fed rate cuts may be delayed → A short-term bearish pressure on gold.
With the U.S. Independence Day holiday, market liquidity will likely remain low today, increasing the risk of fake breakouts or stop-hunting volatility.
❗ “No immediate rally doesn’t mean no rally at all.” A retracement to the 3.2xx zone could offer an ideal entry for medium-term longs.
📉 Technical Outlook – XAUUSD
Price has broken above the recent short-term downtrend line and is now testing a critical supply zone around 3344–3345, which may determine today’s intraday direction.
🔍 Key Levels
Major Resistance: 3345 – 3362 – 3374 – 3388 – 3390
Major Support: 3330 – 3312 – 3304 – 3302 – 3298
🟢 Bullish Strategies (Buy Setups)
🔹 BUY Scalp Zone:
3313 – 3311
SL: 3307
TP: 3316 – 3320 – 3325 – 3330 – 3335 – 3340 – 3345 – 3350
🔹 Deep BUY Zone:
3304 – 3302
SL: 3298
TP: 3308 – 3312 – 3316 – 3320 – 3330 – 3340
These zones align with EMA confluence and potential FVG retracements – a solid setup for trend continuation.
🔴 Bearish Strategies (Short-Term Only)
🔹 SELL Scalp Zone:
3362 – 3364
SL: 3368
TP: 3358 – 3354 – 3350 – 3346 – 3340 – 3335 – 3330
🔹 Upper SELL Zone:
3388 – 3390
SL: 3394
TP: 3384 – 3380 – 3376 – 3370 – 3365 – 3360
Consider shorting only with confirmation patterns or bearish signals from lower timeframes.
🧠 Market Sentiment Today
The market seems to be in a wait-and-see mode, consolidating between 3320 – 3340 as traders digest recent macro data. A breakout is likely after the U.S. holiday ends.
Primary Scenario: Look to BUY on deeper pullbacks into support zones.
Alternate Scenario: SELL only for intraday scalps when price rejects key resistance.
💬 What’s Your Take?
Is gold silently accumulating strength for a breakout above 3390?
Or are we about to witness a deeper correction in the coming sessions?
👇 Share your thoughts in the comments and let's discuss it together!
Gold/USD Bullish Breakout Toward Target Zone Gold/USD Bullish Breakout Analysis 🚀🟢
The chart illustrates a strong bullish breakout from a consolidation zone, signaling upward momentum:
🔍 Key Technical Observations:
Support Zone: The price respected the support area around 3,325 – 3,330 USD, forming a solid base for reversal.
Bullish Structure: Series of higher lows and higher highs indicate a bullish trend formation.
Breakout Confirmation: Price broke above short-term resistance with a strong bullish candle, indicating buying pressure.
Trendline Support: The ascending trendline has held well, confirming trend continuation.
Target Point 🎯: Projected target is near 3,365 USD, which aligns with a previous resistance and Fibonacci confluence zone.
✅ Conclusion:
The breakout above resistance, supported by a bullish structure and momentum, suggests further upside potential toward the 3,365 USD target zone. As long as price holds above the breakout level, bullish bias remains valid.
🛑 Watch for invalidation if price falls back below 3,330 USD zone.
XAUUSD 03/07: GOLD IN THE DRIVER'S SEATXAUUSD 03/07: GOLD IN THE DRIVER'S SEAT – WILL IT BREAKOUT OR PULLBACK BEFORE KEY EVENTS?
Gold is on a solid upward trajectory, as expected from earlier predictions this week. After a negative ADP Non-Farm Payroll report yesterday, the USD weakened, providing the fuel for gold to soar. During the US session, gold surged from the 333x level to 336x.
🔑 Key Catalysts to Watch:
1. Political Factors:
Trump's announcement that the Republicans in the House have united to push through the "Super Bill" is a significant factor that could propel gold even further in the near future. The political climate is setting the stage for gold's potential rally.
2. Macro Overview:
Federal Reserve and Rate Cuts: The market is eyeing the Fed closely, with high expectations for two interest rate cuts this year. This could put continued pressure on the USD and further support gold. With a 90% chance of a rate cut by the end of Q3, the path is clear for gold to target new highs.
US Economic Data: Disappointing ADP data, reporting a loss of -33k jobs, continues to point to a weakening labor market, strengthening the case for gold as a safe-haven asset.
🌍 Market Conditions and Trade Setup:
The market remains on edge with these political and economic factors at play. The market will also be watching the Non-Farm Payrolls (NFP) data closely. With the ADP report showing poor results, the market could experience some turbulence ahead of the NFP release, and with a long weekend ahead due to the bank holiday, traders should approach this market with caution.
📉 Technical Outlook – The Road Ahead for Gold:
Gold has been trending upward and maintaining a bullish outlook. However, a minor pullback is expected.
Resistance: 3358 – 3365 – 3374 – 3380 – 3390
Support: 3343 – 3335 – 3325 – 3316 – 3304
📊 Trading Plan – Key Levels to Watch:
Buy Scalp:
Entry: 3335 – 3333
SL: 3329
TP: 3340 → 3345 → 3350 → 3360 → 3370
Buy Zone:
Entry: 3316 – 3314
SL: 3310
TP: 3320 → 3324 → 3328 → 3332 → 3336 → 3340 → 3350 → 3360
Sell Scalp:
Entry: 3374 – 3376
SL: 3380
TP: 3370 → 3366 → 3360 → 3355 → 3350
Sell Zone:
Entry: 3388 – 3390
SL: 3394
TP: 3384 → 3380 → 3376 → 3370 → 3366 → 3360
⚠️ Key Focus for Traders:
Upcoming Data: The NFP release will be crucial, as disappointing job numbers could drive gold even higher.
Market Volatility: With the long weekend ahead and market reactions to key news, be prepared for possible volatility.
Trade with Caution: Stick to your TP/SL strategy, manage risk, and only enter trades when clear setups appear.
📈 Conclusion:
Gold is showing strong potential for further gains, but traders should be prepared for some pullbacks as the market reacts to upcoming economic and political news. The trend remains bullish, but it’s crucial to remain cautious and follow the technical levels closely to optimize entry points. Stay alert for key developments in the USD, NFP, and Fed rate-cut expectations, and let the market guide you.
NF news and gold buying pressurePlan XAU day: 03 July 2025
Related Information:!!!
Gold prices (XAU/USD) are struggling to build on a modest intraday rebound from the $3,340 area, holding relatively steady near the upper boundary of the weekly range during the first half of the European session. Market participants appear cautious, opting to await the release of the US Nonfarm Payrolls (NFP) report for further clarity on the Federal Reserve’s (Fed) potential rate-cut trajectory. This data is expected to play a pivotal role in shaping near-term demand for the US Dollar (USD) and could provide significant directional impetus for the non-yielding yellow metal.
personal opinion:!!!
Weak DXY is still the driving force for gold price to increase and recover around 3400, along with NF news not very positive for USD
Important price zone to consider : !!!
SELL point: 3395 zone
Sustainable trading to beat the market
Strong Bullish Momentum or a Short-Term Setback?XAUUSD Analysis – 02/07: Strong Bullish Momentum or a Short-Term Setback?
Gold has made a strong recovery after a brief period of consolidation last month, and it continues to show signs of strong bullish momentum. The price has been fluctuating, yet the overall trend remains positive. Let’s dive into the technical setup for today’s trading session.
📊 Market Overview:
Recent Price Action: After confirming a bullish reversal on the H1 timeframe earlier this week, Gold has surged significantly. Yesterday, it reached 3358, completing wave 3 of an Elliott structure on the M30 chart, followed by a slight correction during the US and Asian sessions.
Short-Term Correction: Wave 4 is currently underway, and there are two potential outcomes for this correction:
It could find support at 3328-3330, leading to a continuation of the bullish trend.
Alternatively, it may dip further to the 330x range before resuming the uptrend.
🧭 Key Levels to Watch:
Support: 3328 – 3313 – 3304 – 3294
Resistance: 3344 – 3360 – 3368 – 3388
🧠 Trading Strategy for Today:
Buy Scenario:
Watch for a potential bounce around the 3328-3330 range. If this area holds, we can look for buying opportunities with a target towards 3358 and 3360.
If the price breaks through the 3340 level, consider entering long positions and setting targets around 3350-3360.
Sell Scenario:
Sell Near Resistance: A quick scalping opportunity could arise near the 3388-3390 resistance zone. Tight SL and reasonable TP at 3384-3380 are the targets to aim for.
For a longer-term Sell position, wait for a clearer breakdown below 3370 to target deeper levels like 3360.
🎯 Trading Plan for Today:
BUY ZONE:
Entry: 3306 – 3304
SL: 3300
TP: 3310 → 3315 → 3320 → 3325 → 3330 → 3340
SELL ZONE:
Entry: 3388 – 3390
SL: 3394
TP: 3384 → 3380 → 3376 → 3370 → 3365 → 3360 → 3350
⚡️ Key Considerations:
The US macroeconomic data release and potential volatility from ADP NonFarm Payrolls today could provide significant movement, so stay alert and monitor the data closely.
In Summary:
Bullish bias remains intact with strong buy opportunities around key support levels like 3328-3330.
For short-term traders, focus on quick scalping within the resistance zones, but don’t forget to follow the trend for the longer-term buy strategy.
💡 Stay cautious with your Stop Loss (SL) and Take Profit (TP) to manage risk effectively. Happy trading! 🌟
XAUUSD 01/07: GOLD'S RELIEF RALLY FROM A MONTHLY LOWXAUUSD 01/07: GOLD'S RELIEF RALLY FROM A MONTHLY LOW – USD WEAKENS, BUT CLEAR MOMENTUM IS STILL MISSING
🌍 Market Overview – USD Weakness & Gold's Rebound Potential
After a significant drop to a one-month low, Gold is beginning to recover slightly, partly due to a weaker USD, improving market sentiment. However, the rally remains cautious and still lacks a strong momentum to push gold decisively higher.
💵 USD Weakness: Can Gold Continue to Rebound?
Recent US economic data has shown a slight decline in consumer spending, which has led to speculations that the Federal Reserve may take a more dovish stance on interest rates in the near future. This has weakened the USD, providing room for Gold to rebound slightly.
That said, there hasn't been a significant catalyst to push Gold into a strong breakout yet.
📉 The Fed is Still the Key Player
The market is closely watching the Fed's next moves. However, there’s a divide on whether interest rates will be cut or maintained. The recent US data isn’t weak enough to warrant a policy change from the Fed, but it’s also not strong enough for the Fed to keep its hawkish stance intact.
This leaves Gold in a limbo, with no clear direction in the near term. Gold is caught between weak expectations of further rate cuts and the ongoing strength of the USD.
🧠 Analysis for Traders:
Gold is responding lightly to macroeconomic factors but hasn’t established a strong trend. This is a period prone to market noise—Gold may jump up and down on news, but the momentum required to establish a consistent trend is lacking.
Traders should monitor USD movements and US labor data closely this week, especially the NFP report, as this could provide more clarity for Gold’s future direction.
✍️ Conclusion:
Gold is recovering from its lows, but it remains uncertain.
The Buy side hopes for rate cuts by the Fed.
The Sell side is betting on USD strength.
As for us traders, let’s stay patient, observe closely, and be ready for the next move. The big wave may still be coming, but smaller price actions right now could give us clues for the upcoming trend.
🔶 Key Levels & Strategy:
Current Support Zone: Gold is holding above the critical psychological support levels of 3300-3304. If the upward momentum continues, a move towards 335x-337x is highly possible in the near term.
Liquidity Gap: Currently, there’s a liquidity gap at the higher levels. The goal is for Gold to rise further to fill this gap before any deeper retracement occurs.
📈 Trading Plan:
BUY ZONE: 3303 – 3301
‼️ SL: 3297
✔️ TP: 3306 → 3310 → 3315 → 3320 → 3325 → 3330 → ???
SELL ZONE: 3358 – 3360
‼️ SL: 3364
✔️ TP: 3354 → 3350 → 3345 → 3340 → 3320
⚡ Final Thoughts:
As the market awaits further data, keep an eye on these key support and resistance levels for your trading setups.
The overall trend is still upward, but short-term volatility is expected. Make sure to follow your risk management strategies.
30/06: WILL WE SEE A RECOVERY ON THE LAST DAY OF THE MONTH? GOLD PLAN – 30/06: WILL WE SEE A RECOVERY ON THE LAST DAY OF THE MONTH? ☄️
✅ Macro Context – Focus on USD Debt and Political Pressure
As June comes to a close, the US faces a major $6 trillion debt maturity from COVID-era borrowings, creating potential stress on USD liquidity and overall market sentiment.
Gold saw a sharp dip to the 32xx range during the Asian session but has bounced back and is currently hovering near last week's closing levels.
While the medium-term outlook remains bearish, short-term signals are showing signs of a potential recovery.
✅ Political Catalyst:
Trump’s Pressure on Fed: Trump is pushing the Federal Reserve to cut interest rates to 1%-2%, saying he won’t appoint anyone unwilling to ease monetary policy.
This has sparked expectations for potential rate cuts, which could provide support for gold prices in the near term.
✅ Technical Outlook – Multi-timeframe Structure
Gold continues its downward correction on higher timeframes. However, short-term candles are indicating recovery momentum, with buying activity near the 327x zone.
Today's Strategy: Focus on short-term BUY setups that align with the recovery wave.
✔️ Key Resistance & Support Levels
🔺 Resistance: 3283 – 3291 – 3301 – 3322
🔻 Support: 3277 – 3271 – 3259 – 3247
🔖 Trade Scenarios
✅ Buy Scalping
🔺 Entry: 3272 – 3274
🔹 SL: 3268
✔️ TP: 3282 → 3288 → 3298
✅ Buy Zone
🔺 Entry: 3249 – 3251
🔹 SL: 3244
✔️ TP: 3265 → 3282 → 3295 → 3310
💠 Sell Scalping
🔺 Entry: 3298 – 3300
🔹 SL: 3304
✔️ TP: 3292 → 3282 → 3270
💠 Sell Zone
🔺 Entry: 3327 – 3329
🔹 SL: 3333
✔️ TP: 3322 → 3310 → 3298 → 3282
⚡️ Final Note
As we near the end of the month, expect possible volatility due to USD flows and institutional rebalancing, which could create further opportunities in the gold market.
Double Top Breakdown at Resistance ZoneThe chart reveals a classic Double Top pattern formation near the 3,360–3,480 resistance zone, followed by a clear bearish rejection (highlighted with red arrows). This confirms the presence of strong supply pressure in that region.
🔍 Key Technical Highlights:
🔺 Double Top Pattern
The price formed two swing highs near the resistance zone, failing to break above.
After the second peak, the price started declining, confirming the reversal pattern.
📉 Bearish Channel
The recent downtrend is contained within a descending channel, with consistent lower highs and lower lows.
Price broke below the neckline of the double top pattern around 3,270.
🎯 Target Projection
Based on the height of the double top pattern, the projected downside target is near 3,207.5, aligning perfectly with the support zone marked below.
🟠 Historical Support Areas
The large orange circles indicate key reaction points, confirming that the 3,207–3,220 area has acted as support in the past.
📊 Outlook:
If the current bearish momentum continues, price is likely to head towards the support target zone at 3,207.5. Any pullback toward 3,320–3,350 could provide a shorting opportunity with stops above the recent highs.
🔧 Bias: Bearish
📍 Resistance: 3,360–3,480
📍 Support: 3,207–3,220
📍 Target: 3,207.5
XAU/USD Analysis Today (June 28, To 04 July 2025)XAU/USD Analysis Today (June 28, 2025)
As of June 28, 2025, the Gold Spot/US Dollar (XAU/USD) pair is trading around $3,295–$3,330, reflecting a corrective phase after recent volatility. Below is a detailed analysis of the current market dynamics, incorporating technical and fundamental factors, as well as sentiment from recent sources.
# Price and Market Overview
Current Price: Approximately $3,295–$3,330, with a slight downward bias following a recent peak near $3,450. The pair has been consolidating after a sharp decline triggered by easing geopolitical tensions.
Recent Performance: Gold fell by ~0.12%–0.42% in recent sessions, settling below the key $3,300 support level intraday, with volatility driven by U.S. economic data and Middle East developments.
Market Sentiment: The 14-day RSI is around 49.83–51.66, indicating neutral conditions, neither overbought nor oversold. Volatility over the past 30 days has been moderate at ~1.46%.
Technical Analysis
Support and Resistance Levels:
Support: Key support lies at $3,280–$3,240 (recent low and pivot point), with stronger support at $3,250 and $3,200 if selling pressure persists. A break below $3,280 could target $3,040–$3,100.
Resistance: Immediate resistance is at $3,300–$3,350, with a stronger barrier at $3,375–$3,400. A sustained break above $3,440 could signal a bullish reversal toward $3,488–$3,500.
Indicators:
Moving Averages: The 20-day EMA ($3,349.73) and 10-day EMA ($3,356.43) suggest a short-term sell signal, while the 50-day SMA ($3,323.61) and 100-day SMA ($3,162.10) indicate a buy signal, reflecting mixed trends. The 200-day SMA (~$2,919.95) supports a long-term bullish trend.
Chart Patterns: A bear flag pattern was noted on the 1-hour chart, signalling a continuation of the downtrend if $3,280 support fails. However, a potential reversal pattern is forming on the 15-minute chart near $3,313, suggesting a possible short-term bounce.
Chart for your reference
- Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
Gold at Crucial 325x Support – What's Next for the Yellow Metal?XAUUSD D1 Forecast: Gold at Crucial 325x Support – What's Next for the Yellow Metal?
Namaste, fellow traders!
Today, let's zoom out and look at the bigger picture for Gold (XAUUSD) on the Daily (D1) timeframe. Our analysis indicates that Gold has hit a very strong, hard support level around the 325x region. This is a pivotal point that could dictate Gold's medium to long-term direction!
🌍 Macroeconomic Context: The Forces at Play for Gold
While we've seen some USD weakness due to speculations surrounding the Fed (like the rumors about replacing Powell) and expectations of rate cuts, these factors haven't completely prevented Gold's recent decline on the daily chart. Also, the sustained ceasefire between Israel and Iran is reducing Gold's safe-haven appeal.
However, the current price action at the robust 325x support level is a significant technical signal. The influence of upcoming US macroeconomic data (especially the PCE Index on Friday) and speeches from FOMC members will be crucial in confirming or negating Gold's next moves. If positive news for Gold aligns with this support holding, it could act as a strong catalyst.
📊 XAUUSD Technical Analysis (D1): Predicting Gold's Next Move
Based on the fact that Gold has encountered strong support at 325x, we can anticipate the following scenarios:
Bounce from 325x (Potential Upside Phase):
If the 325x area (which reinforces the 3264.400 support from image_e9d325.png) holds firm, we expect a strong reaction and an upward move for Gold.
The initial target for this bounce would be the 332x region, which aligns with resistance levels 3313.737 - 3330.483 from our previous analysis. On a broader timeframe (as shown in image_83845c.png), this corresponds to the resistance zone around 3326.022. This 332x area could represent a continuation pattern, meaning it might be a corrective rise before the resumption of the larger trend.
Resumption of Downtrend (After Reaching 332x):
Once Gold reaches and tests the 332x zone (3313.737 - 3330.483 / 3326.022) and shows bearish confirmation signals (e.g., a strong bearish engulfing candle, a pin bar, or a clear top formation), we anticipate a resumption of the downward movement.
The next major target for this fall would be the 317x area, which correlates well with the strong support at 3173.052 on the larger timeframe (as depicted in image_83845c.png).
🎯 XAUUSD D1 Trading Plan: Your Long-Term Strategy Ahead!
Considering the current D1 analysis, here's our actionable plan:
1. BUY PHASE (Bounce from Support):
Entry: Observe price reaction in the 325x - 326x zone (especially 3264.400). Only buy if there are clear bullish confirmations (e.g., a confirmed bullish pattern on the daily or 4-hour candle, a strong bounce from the zone with volume).
SL: Just below the 325x support zone (e.g., 3245-3240, depending on confirmation).
TP: 3280 - 3290 - 3300 - 3313.737 - 3326.022 (key 332x zone). This will be our primary target for the bounce.
2. SELL PHASE (Downtrend Resumption):
Entry: After the price reaches the 332x zone (3313.737 - 3330.483 / 3326.022) and shows bearish confirmation signals (e.g., strong bearish engulfing, pin bar, or top formation).
SL: Slightly above the 332x zone (e.g., 3335-3340).
TP: 3300 - 3290 - 3280 - 3270 - 3260 - 3250 - 3200 - 3173.052 (final 317x target).
XAUUSD: Gold's Golden Glow Fades Below $3350 XAUUSD: Gold's Golden Glow Fades Below $3350 – Navigating Key Levels Amidst USD Weakness!
Let's dive into the fascinating world of Gold (XAUUSD) today. The yellow metal is showing subtle positive movement, primarily influenced by a weaker US Dollar, but a convincing bullish breakout above the $3350 mark remains elusive.
🌍 Macroeconomic Snapshot: USD's Woes & Gold's Mild Support
Gold has seen a slight positive bias for the second consecutive day, yet it's struggling to find significant follow-through, staying below the $3350 level in early European trading.
USD Under Pressure: Reports indicating that US President Donald Trump is considering replacing Fed Governor Jerome Powell have sparked concerns regarding the future independence of the US central bank.
Cautious Outlook: This mixed bag of news calls for caution before confirming a definitive bottom for Gold or positioning for a substantial recovery from levels below $3300 (or Tuesday's two-week low). Traders are currently focused on upcoming US macroeconomic data and speeches from FOMC members, which could influence XAU/USD ahead of Friday's crucial US Personal Consumption Expenditures (PCE) Price Index release.
📊 XAUUSD Technical Analysis & Intraday Trading Plan:
Current Trend: Gold has recently experienced a sharp decline and is now in a consolidation phase, trading around the $329X mark. Price is currently below shorter-term moving averages, indicating lingering bearish pressure or an accumulation phase.
Key Levels Identified:
Strong Support Zones (Potential BUY Areas): Levels around 3294.414, 3276.122, and particularly 3264.400 are crucial demand areas.
Key Resistance Zones (Potential SELL Areas): Levels at 3313.737, 3321.466, 3330.483, and 3341.947 are identified as significant supply zones.
🎯 XAUUSD Trading Plan (Based on your specified levels):
BUY ZONE (Strong Support - Long-Term Bias):
Entry: 3266 - 3264
SL: 3270
TP: 3280 - 3284 - 3290 - 3295 - 3300 - 3305 - 3310 - 3320
BUY SCALP (Quick Buy at Intermediate Support):
Entry: 3284 - 3282
SL: 3278
TP: 3288 - 3292 - 3296 - 3300 - 3305 - 3310 - 3320 - 3330
SELL ZONE (Key Resistance):
Entry: 3331 - 3333
SL: 3337
TP: 3326 - 3320 - 3316 - 3310 - 3305 - 3300
SELL SCALP (Quick Sell at Near Resistance):
Entry: 3313 - 3315
SL: 3320
TP: 3310 - 3305 - 3300 - 3295 - 3290 - 3280
⚠️ Key Factors to Monitor Closely:
US Macro Data: The upcoming US Personal Consumption Expenditures (PCE) Price Index on Friday is critical.
FOMC Member Speeches: Any comments on monetary policy or inflation outlook will directly impact USD and Gold.
Geopolitical Stability: Developments regarding the Israel-Iran ceasefire can influence safe-haven demand.