GOLD.F trade ideas
Gold's Short-Term DeclineHello everyone, what do you think about gold?
Today, gold continues its short-term downtrend. After new data was released at the end of yesterday’s trading session, the USD rose by 0.3%, and U.S. Treasury yields also increased, reducing the appeal of gold. Additionally, the latest unemployment claims data shows improvement in the U.S. economy, which has contributed to the drop in the precious metal.
As of writing, gold is trading around the EMA 34, 89 levels at 3,336 USD. With the recent news, the market is expected to maintain its current stance throughout the day, as no new significant updates are expected.
From a technical standpoint, the downtrend remains in place, with prices continuing to be capped below the trendline. The series of lower highs and lows could likely lead XAUUSD to test lower levels, with the possibility of reaching the 3,300 USD mark.
What do you think about the price of gold today? Let us know in the comments!
Gold Weekly Recap – XAU/USD OutlookOANDA:XAUUSD experienced sharp volatility last week as investors reacted to escalating U.S. tariff announcements and shifting expectations around the Federal Reserve’s rate policy. Although prices dropped early in the week, gold quickly bounced back with three consecutive bullish sessions—highlighting strong buying interest amid growing inflation fears and trade tensions.
Analysts remain split: half foresee more upside, while others maintain a neutral stance. Yet, most agree on one thing—gold continues to serve as a defensive fortress during times of uncertainty, especially with markets grappling with both fiscal and monetary headwinds.
Technically, gold is fluctuating within a tight range around 3,360 USD. While no clear breakout from consolidation has occurred, supportive factors like a weakening U.S. dollar, the U.S. national debt surpassing 37 trillion dollars, and safe-haven inflows from reserve funds are helping keep prices stable.
📍If upcoming CPI data or new tariff announcements from the U.S. further pressure the dollar, gold could test the 3,400 resistance level. Otherwise, a sideways trend may dominate if negative news is absorbed smoothly.
Trend Bias: Neutral – leaning bullish if 3,300 holds strong.
So, are you siding with the bulls or waiting for a clear breakout?
Drop your thoughts in the comments! 💬
Gold Prices Volatile Amid Economic Data and Trade TensionsGold prices saw strong fluctuations yesterday, dropping near 3,320 USD/ounce before quickly recovering and rising to 3,370 USD/ounce, a difference of about 50 USD, fueled by U.S. PPI data. However, by the end of the session, the price dropped back and is now trading around 3,340 USD/ounce, with little change compared to the same time yesterday.
The U.S. June PPI rose 2.3% year-on-year, lower than May's 2.6% increase and the forecasted 2.5%. Core PPI rose 2.6%, also lower than May's 3% and the forecasted 2.7%. Month-on-month, the PPI remained unchanged at 0%, below the 0.3% increase in May and the forecasted 0.2%, while core PPI also held steady.
This data suggests that inflation may decrease, especially after the U.S. adjusts its tax policies. Markets expect the Fed to cut interest rates in September, weakening the USD. Additionally, trade tensions between the U.S. and the EU have intensified after President Trump announced a 30% tariff on European imports, prompting a similar response from the EU.
These factors are driving investors back into gold as a safe-haven asset. Gold is expected to continue consolidating in anticipation of a potential breakout.
Gold Trading Strategy for 18th July 2025🌟 GOLD INTRADAY STRATEGY – $XAU/USD 🌟
(Based on 1-Hour Candle Close)
📈 BUY Setup
💰 Buy Above: High of 1-hour candle closing above $3353
🎯 Targets:
➡️ 1st Target: $3363
➡️ 2nd Target: $3373
➡️ 3rd Target: $3385
🛡️ Stop Loss: Below recent swing low or as per risk management.
📉 SELL Setup
💰 Sell Below: Low of 1-hour candle closing below $3327
🎯 Targets:
➡️ 1st Target: $3315
➡️ 2nd Target: $3301
➡️ 3rd Target: $3289
🛡️ Stop Loss: Above recent swing high or as per risk management.
📌 Instructions:
✔️ Wait for 1-hour candle to close beyond the breakout levels.
✔️ Confirm breakout with volume and price action.
✔️ Use proper risk-reward ratio and position sizing.
✔️ Ideal for scalping or intraday swing trades.
⚠️ Disclaimer:
📜 This is for educational and informational purposes only. Trading in commodities like Gold ($XAU/USD) involves significant risk. Please consult your financial advisor before making any trading decisions. We are not responsible for any financial losses incurred.
This is a 1-hour candlestick chart of XAU/USD (Gold vs US Dollar🧠 Technical Analysis Insight
📌 Chart Setup
Timeframe : 1H Asset: Gold
Trade Setup: A short (sell) position appears to be placed, based on the positioning of the risk-to-reward box.
🔍 Key Levels & Zones
Entry Zone (White Line): Around $3,343
Stop-Loss (Red Box Top): Around $3,364.534
Take-Profit (Green Box Bottom): Around $3,285
Supply/Resistance Zone: Highlighted with a grey shaded rectangle (~$3,355–$3,356). Price previously reversed from here — a potential rejection area.
🧾 Trade Logic
Bearish Rejection: Price rallied toward the resistance zone and began to stall — suggesting sellers may be stepping in again.
Risk-Reward Ratio: The green/red box represents a favorable R:R, roughly 3:1 or higher, which is a standard good setup for professional traders.
Stop Above Supply: The stop is above the resistance zone, which protects against a potential breakout fake-out.
✅ Summary
This chart shows a bearish trade idea on gold:
Short from $3,343
Stop at $3,364
Target at $3,285
The trade is based on a potential rejection at the supply zone after a pullback, aligning with the broader downtrend on this timeframe
Gold sold at 3355 today booked at 3311 tomorrow again sell riseHow My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Gold data stimulates flash crash, shorts break 3300?Gold data stimulates flash crash, shorts break 3300?
Market review: Risk aversion changes instantly, gold price rises and falls
Yesterday, the gold market experienced dramatic fluctuations again. First, it fell to around 3320 due to the pressure of the strengthening of the US dollar, and then it soared by 50 US dollars to 3377 in the short term due to the rumor that "Trump may fire Powell", but the gains were given back after the news was clarified, and finally closed at around 3347. The daily line closed positive but failed to break through the key resistance.
In the early Asian session today, the gold price fluctuated narrowly around 3346, and the market traded cautiously. The US retail sales and initial jobless claims data were strong, the US dollar index rose in the short term, the US Treasury yield rose, and gold fell under pressure to below 3320. However, the market still has differences on the Fed's policy, and the downward space of gold prices may be limited.
Technical analysis: The shock has not been broken, and high selling and low buying are still the main theme
1. Daily level: The range shock continues
Key range: 3320-3375, three times of probing 3375 but not breaking, two times of testing 3320 to get support, showing that the long and short tug-of-war is fierce.
Indicator signal: KDJ is blunted, MACD is glued, MA5-MA10 is golden cross but the momentum is insufficient, and it is difficult to form a unilateral trend in the short term.
2. 4-hour level: Short-term correction pressure increases
MACD dead cross, KDJ turns downward, indicating that there is still a short-term correction demand, and the support below focuses on 3320 (the lower track of the Bollinger band). If it falls below, it may test 3300-3285.
The upper resistance is 3358-3377. If it breaks through, it may test the 3400 mark, but be wary of the risk of high-rise decline.
Operation strategy: Buy low, don’t chase short
Short-term low-long: Try to buy with a light position when it falls back to 3310-3315, stop loss 3300, target 3340-3350.
High-altitude opportunity: If it rebounds to 3365-3370 and is under pressure, you can try short-selling, stop loss 3380, target 3350-3340.
Follow-up after breakout: If it unexpectedly falls below 3300, wait and see and wait for the support of 3280-3260 before considering buying low; if it breaks through 3400, it may open up upside space, but be wary of false breakthroughs.
Market sentiment and risk warning
Negative factors: The dollar is stronger, the US Treasury yields are rising, and the Fed’s expectations of rate cuts are cooling down.
Positive support: Geopolitical uncertainty, the risk of high valuations of US stocks, and the market’s sensitivity to economic data is still high.
Personal opinion: Although the data is bearish for gold in the short term, the market is still in a volatile pattern and it is not advisable to chase the short position. Conservative investors should wait for key support levels to buy low, or follow the trend after a breakthrough.
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 XAUUSD Trading Strategy on July 17, 2025:
Yesterday's trading session was as we expected when the gold price adjusted from the 334x area, however, the gold price did not approach 3300 as we expected for a long-term trading point.
Basic news: News that President Trump considered firing FED Chairman Jerome Powell caused the USD to plummet, gold prices to skyrocket and stocks to fall. The US PPI and core PPI last month both recorded a 0% increase, lower than the forecast of 0.2% and the previous period's level of 0.1%. Data showed that inflationary pressure from the manufacturing side continued to cool down.
Technical analysis: After adjusting from the 334x area and approaching the nearest bottom of 3320, the gold price immediately increased sharply. RSI on the H1, H4 and D1 time frames crossed the average line, showing a renewed uptrend. Currently, the higher bottom pattern is compressing at the 3320 - 3357 border. If the price breaks this compression zone, it will fluctuate very strongly.
Important price zones today: 3325 - 3330, 3352 - 3357 and 3300 - 3305.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3325 - 3327
SL 3322
TP 3330 - 3340 - 3360 - 3380.
Plan 2: BUY XAUUSD zone 3300 - 3302
SL 3297
TP 3305 - 3315 - 3335 - 3360.
Plan 3: SELL XAUUSD zone 3355 - 3357
SL 3360
TP 3352 - 3342 - 3332 - 3322.
Wish you a safe, successful and profitable trading day.🌟🌟🌟🌟🌟
Elliott Wave Analysis – XAUUSD July 17, 2025
🔍 Momentum Analysis
D1 timeframe: Momentum is still trending downward, but we’re starting to see signs of convergence between the indicator lines. Normally, we would expect another two daily candles to reach the oversold zone and trigger a potential reversal. However, with the current narrowing pattern, we cannot rule out the possibility of an earlier reversal. Today’s daily close will be crucial for confirmation.
H4 timeframe: Momentum is clearly declining, suggesting that the market may either continue downwards or consolidate sideways throughout the day.
🌀 Elliott Wave Structure
On the H4 chart, price action is compressing tightly at the end of a symmetrical triangle pattern – a classic setup in Elliott Wave theory. Notably, this final point of compression coincides with the POC (Point of Control), indicating a key price level where high volume has accumulated.
Wave W (in black) follows a 3-wave structure. Yesterday, price surged to the beginning of wave W and then sharply reversed, forming the basis for two potential scenarios:
Scenario 1 – WXY structure with current price completing wave Y within wave e (green):
+ Target 1: 3327
+ Target 2: 3303
Scenario 2 – Wave e (green) evolves into a triangle:
+ In this case, price may consolidate sideways above the 3327 zone.
🔗 Combining Wave and Momentum Analysis
Both D1 and H4 momentum indicators are still pointing downward. However, the price candles appear overlapping and lack clear directional strength – a common trait of compression near the triangle’s apex. With price sitting right on the POC, there’s a high chance of continued tightening before a breakout. At this stage, the recommended strategy is to wait for a strong bullish candle at one of the target zones before entering a BUY position.
📈 Trade Setup
✅ Scenario 1 – BUY at 3327 – 3326
+ Stop Loss: 3317
+ Take Profit 1: 3342
+ Take Profit 2: 3358
+ Take Profit 3: 3402
✅ Scenario 2 – BUY at 3305 – 3302
+ Stop Loss: 3295
+ Take Profit 1: 3327
+ Take Profit 2: 3358
+ Take Profit 3: 3402
Gold Trading Strategy for 17th July 2025📈 GOLD ($) INTRADAY STRATEGY ALERT 📉
(1-Hour Candle Confirmation Based Entry)
🔹 BUY Setup – Long Trade
📌 Entry Condition:
👉 Buy above the high of the 1-hour candle that closes above $3364
🎯 Targets:
🎯 Target 1: $3375
🎯 Target 2: $3386
🎯 Target 3: $3397
🛡️ Stop Loss: Just below the low of the breakout candle
🧠 Pro Tip: Let the candle close above $3364. Don't jump in early — confirmation is key.
🔻 SELL Setup – Short Trade
📌 Entry Condition:
👉 Sell below the low of the 1-hour candle that closes below $3330
🎯 Targets:
🎯 Target 1: $3319
🎯 Target 2: $3308
🎯 Target 3: $3297
🛡️ Stop Loss: Just above the high of the breakdown candle
🧠 Pro Tip: Wait for a proper close below $3330 before entering short.
⚠️ DISCLAIMER
📢 This content is for educational and informational purposes only.
📉 Trading in financial markets involves substantial risk. You could lose capital.
📊 Please consult your financial advisor or do your own analysis before making trading decisions.
Gold's Next Big Move? XAUUSD at Critical Decision ZoneChart Breakdown: Smart Money & Structure Based Analysis
Gold has been playing a smart money game lately. Price is reacting to key supply and demand zones, with clear Breaks of Structure (BOS) indicating institutional intent.
🧱 Market Structure Overview:
✅ Multiple BOS confirm bullish intent post-rejection from strong demand (~$3,225–$3,250).
🔁 Series of higher highs and higher lows shows gold shifting to a bullish structure.
🛡 Price is now resting on a critical intraday support around $3,300–$3,330.
🔍 Key Technical Zones:
🔽 Strong Demand Zone (Support)
📌 $3,225 – $3,250
Rejection zone
Initiated bullish BOS
Strong institutional buying previously seen here
⚔ Resistance Zone
📌 $3,384 – $3,400
Rejection area for the previous rally
A breakout here could fuel a move toward $3,425 – $3,450
🔄 Current Pivot Zone
📌 $3,300 – $3,330
Short-term support
Price must hold for bullish continuation
📈 Possible Scenarios
✅ Scenario 1: Bullish Continuation (HIGH PROBABILITY)
Price holds above $3,300
Bullish engulfing candle confirms entry
Target 1: $3,360 (Resistance zone)
Target 2: $3,400 – $3,425 (Fibonacci + breakout extension)
🛡 Stop-Loss: Below $3,275 (below demand zone)
⚠ Scenario 2: Bearish Rejection (LESS LIKELY)
Price breaks and closes below $3,275
Market targets strong support zone again
Watch for a bullish reversal signal there
📉 Short opportunity only if price breaks with momentum + retest
Bullish in XAUUSD from Zone of SupportOn this 4-hour chart, gold has frequently taken support before making an upward advance. I anticipate a rise from this zone this time as well. We have excellent cause to invest more at level of three times down the size of the region, even if gold continues to decline. The long-term gold trend is still bullish.
Elliott Wave Analysis – XAUUSD July 16, 2025🔄 Momentum Analysis
D1 timeframe: Momentum is currently reversing to the downside, suggesting that the price may continue to decline or move sideways in the short term.
H4 timeframe: Momentum is rising, indicating that the current recovery may continue. The next resistance zones to watch are 3342 and 3358.
🌀 Elliott Wave Structure
At present, price action is being compressed within a contracting triangle corrective pattern, with its range narrowing further—signaling market consolidation. We should closely monitor for signs of a breakout that could end this correction.
Based on the current wave structure, it is expected that wave d (green) has completed, and the current downward move is likely part of wave e (green).
The trading strategy focuses on waiting for the price to approach the lower boundary of the triangle—drawn from the low of wave a to the low of wave c—looking for confluent support areas near this trendline to identify a potential BUY opportunity.
🎯 Target & Trade Plan
BUY ZONE: 3303 – 3300
Stop Loss (SL): 3290
Take Profits (TP):
- TP1: 3327
- TP2: 3358
- TP3: 3402
Gold XAUUSD Trading Strategy on July 16, 2025Gold XAUUSD Trading Strategy on July 16, 2025:
Yesterday's trading session was in line with our prediction, the gold price corrected strongly after meeting the resistance zone of 336x. However, the support zone of 333x did not help the gold price continue to maintain the sideway range.
Basic news: The US CPI reached 2.7%, higher than the forecast of 0.1% and higher than the previous 0.3%; positively affecting the USD, helping the gold price to decrease sharply.
Technical analysis: Currently, the gold price has broken the sideway range of 3335 - 3375 and is likely to compress in the 3300 area. RSI of the H1, H4 and D1 time frames are moving towards the buying zone. This could be a good long-term trading opportunity for us.
Important price zones today: 3338 - 3343, 3350 - 3355 and 3300 - 3305.
Today's trading trend: SELL (BUY hold).
Recommended orders:
Plan 1: SELL XAUUSD zone 3341 - 3343
SL 3346
TP 3338 - 3328 - 3318 - 3308.
Plan 2: SELL XAUUSD zone 3353 - 3355
SL 3358
TP 3350 - 3340 - 3330 - 3300.
Plan 3: BUY XAUUSD zone 3300 - 3302
SL 3297
TP 3305 - 3315 - 3335 - 3350 - Open (small volume).
Wish you a safe, favorable and profitable trading day.🌟🌟🌟🌟🌟
XAU/USD Ascending Triangle Breakout Setup Pattern: Ascending Triangle
Bias: Bullish (Breakout Imminent)
Entry Zone: Around 3338 (Current Market Price)
Target Zone: 3401 and beyond
Invalidation: Below 3322
📌 Technical Breakdown:
Higher Lows building momentum from April till July ✅
Flat Resistance Zone around 3400 acting as a ceiling ⛔
Volume likely to expand on breakout 📈
Break above 3400 = explosive upside potential 💣
---
🧠 Smart Trader Strategy:
✅ Entry: Break and close above 3340–3350
🎯 TP1: 3400 (Major resistance)
🎯 TP2: 3450+ (Post-breakout rally)
🛑 SL: Below 3322 (Ascending trendline invalidation)
📅 Timing Tip:
Watch for US Session or major economic news like CPI/NFP/Fed minutes — high volatility may trigger breakout moves.
Gold rebounds – Is the next bullish wave starting? XAUUSD is holding firmly above its ascending trendline, with each pullback quickly absorbed around the support zone near 3,333. The current price structure suggests a continued move higher, as long as the trendline remains intact.
On the news front, U.S. PPI data came in at 0.2% — exactly in line with expectations — offering no major surprises. With the dollar failing to gain strength, gold remains supported. In this context, XAUUSD is likely to continue its climb toward the next resistance zone near 3,447, which has previously triggered strong price reactions.
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
Simple XAUUSD Long ICT- Pending Order Flow in in 1 minute time frame after inducement
- Overall view bearish on 15min , target Inducmenet for same.
1:10 RR
GOLD SELL RECOMMENDATION (XAU/USD)🔴 GOLD SELL RECOMMENDATION (XAU/USD)
🕒 Timeframe: 15 minutes (M15)
📆 Date: July 16, 2025
✅ Trade Parameters:
Sell Entry Zone: 3,341 – 3,342 USD/oz
Stop Loss (SL): 3,351 USD
Take Profit (TP): 3,307 USD
📊 Technical Analysis:
Price is retracing to test a dynamic resistance zone, near the 200 EMA and upper Bollinger Band.
A bearish candle with high volume signals a potential return of selling pressure.
The 3,341–3,342 zone aligns with the Fibonacci 0.5–0.618 retracement from the recent move, a strong confluence for a sell setup.
Risk-to-Reward (RR) ratio is approximately 1:3.5, indicating a favorable trade.
📌 Suggested Strategy:
Sell within the 3341–3342 range. Place a stop loss at 3351 and target 3307 for take profit. Once the price moves halfway to the target, consider trailing your stop to breakeven to secure profits.
fl me and ytb
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!
