GOLDCFD trade ideas
XAUUSD Structure Analysis | Smart Money ConceptsXAUUSD Structure Analysis | Smart Money Concepts | July 17, 2025
Market Overview:
Gold (XAUUSD) is currently trading around the $3,328 level, showing clear Smart Money behavior with multiple Breaks of Structure (BOS), liquidity grabs, and reactions from key zones. The chart outlines a well-respected price action between a defined resistance and support range, showing signs of a potential reversal or continuation setup.
🧠 Key Concepts Highlighted:
BOS (Break of Structure):
Multiple BOS levels confirm internal shifts in market structure, indicating active participation by institutions and smart money. Every BOS marks a potential order block or liquidity sweep zone.
Resistance Zone ($3,375 - $3,400):
Price has reacted multiple times from this level, showing exhaustion with each push. This zone is acting as a liquidity magnet but also a strong supply area.
Support Zone ($3,320 - $3,335):
This area has provided multiple rejections and BOS confirmations, turning into a reaccumulation zone. Current price action is consolidating within this support.
Strong Support ($3,245 - $3,270):
In case of further downside, this zone could serve as a high-probability long entry for swing buyers due to historical demand and previous liquidity grabs.
📈 Trade Outlook:
If price maintains support above $3,320, we could see a bullish reaction toward $3,375 targeting the upper resistance.
A clean BOS above $3,375 would confirm a short-term bullish continuation and potential expansion phase.
Failure to hold this support would open a path to the $3,270 area, offering discounted pricing for long-term bulls.
🎯 Educational Insight:
This chart is a textbook example of Smart Money Concept (SMC) structure:
Observe BOS frequency as institutional fingerprints.
Price respects previous demand zones, giving room for reactive trading setups.
The confluence between horizontal support and trendline break adds extra confirmation for decision-making.
Gold Trading Strategy XAUUSD July 18, 2025
Yesterday's trading session, after a strong correction to the 3310 area, the gold price increased sharply again.
Basic news: FED Governor Christopher Waller supports a 25 basis point interest rate cut later this month. The number of weekly unemployment claims in the US fell to 221,000, lower than the forecast of 233,000 and the previous period's level of 228,000; data shows that the US labor market remains stable, strengthening the economic growth outlook.
Technical analysis: The M30 and H1 time frames have not clearly shown the trend of the gold price, when the tug-of-war between buying and selling is quite large. However, in the H4 and D1 frames, there are signs that the gold price will increase again. If the gold price continues to trade in the 3290 - 3300 area, it shows a new multi-frame compression process. This area is very important as it can be a trading point that brings us great profits.
Important price zones today: 3318 - 3323, 3287 - 3292 and 3352 - 3357.
Today's trading trend: BUY (hold).
Recommended orders:
Plan 1: BUY XAUUSD zone 3318 - 3320
SL 3315
TP 3323 - 3233 - 3343 - 3353.
Plan 2: BUY XAUUSD zone 3288 - 3290
SL 3285
TP 3293 - 3303 - 3320 - 3340 - Open.
Plan 3: SELL XAUUSD zone 3353 - 3355
SL 3358
TP 3350 - 3340 - 3330 - 3310.
Wish you a lucky, safe and profitable weekend trading day.🌟🌟🌟🌟🌟
BREAK OUT GOLD On H1 frame, gold has signs of breakout, so pay attention to the support area 3342
XAUUSD BUY Zone: 3341 - 3343
Stoploss: 3337 (60pips)
Takeprofit: 3346 - 3350 - 3354
XAUUSD BUY possible from 3333.52 price level On 1hr time frame Market has took a liquidity of previous buying area or previous buyers so currently the market Is at bullish trend on 15min we can see that if price comes to 3333.52 level then there would be a probability for scalping on upside because below that level there is good amount of space available for market to fall and this is visible to everyone so market would first take the liquidity by breaking that zone and then it moves upside possiblity of buying.
Elliott Wave Analysis – XAUUSD July 18, 2025
🔍 Momentum Analysis
D1 Timeframe: Momentum is showing signs of a bullish reversal. While we need to wait for today's D1 candle to close for confirmation, it's likely that yesterday’s upward move marks Wave 1, signaling the beginning of a new bullish trend.
H4 Timeframe: Momentum is preparing for a bearish reversal → suggesting a potential corrective pullback, likely forming Wave 2.
H1 Timeframe: Momentum is about to reverse upward → supporting the expectation of a short-term bullish move during the current session.
🌀 Elliott Wave Structure Update
On the H4 chart, the abcde triangle correction structure remains largely unchanged.
However, a strong H4 bullish candle appeared yesterday, indicating unusual market behavior that deserves attention.
There are two main scenarios:
Wave 1 (black) has already completed, and the market is now entering Wave 2 correction.
Alternatively, the current movement could be Wave 4 within Wave 1 (black).
🔎 Combining Momentum & Wave Structure
With D1 momentum signaling a potential uptrend lasting the next 4–5 days, it suggests that Wave e (blue) may have completed.
This opens the door for an impulsive 5-wave advance. Specifically:
If H1 continues its bullish reversal, the current move could be Wave 5 of Wave 1 (black), targeting the 3358 level.
Afterwards, a retracement toward the 3330–3323 zone would form Wave 2 (black).
Alternatively, price might drop directly to 3330–3323, implying Wave 1 has already finished and the current move is Wave 2.
🎯 => Both scenarios converge at the 3330–3323 price zone, making it a high-probability BUY ZONE.
🧭 Trade Plan
BUY ZONE: 3330 – 3327
Stop Loss: 3320
Take Profits:
TP1: 3342
TP2: 3358
TP3: 3402
📌 Note: Since this is a relatively wide entry zone, it's best to wait for price action confirmation at this level before entering.
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 Trading Strategy | July 17-18✅Gold prices dropped sharply to around 3310 following the release of key economic data, which also aligns with a daily chart support level. The price then rebounded quickly, reclaiming the 3320 support area. In the late session, focus shifts to the 3340–3345 short-term resistance zone. If gold fails to break through this region, the daily structure is likely to remain in a high-level consolidation phase.
✅ With the U.S. Dollar Index currently at a relatively high level, there is short-term pressure for a technical pullback, which may offer room for a gold price rebound within the range. Overall, gold remains in a range-bound pattern, favoring selling near resistance and buying near support. Trading decisions should be made cautiously, factoring in fundamental developments.
🔴 Key Resistance Levels: 3340–3345 / 3375–3380
🟢 Key Support Levels: 3300–3305 / 3310–3320
✅ Trading Strategy Reference:
🔰 If the price pulls back to the 3316–3320 zone and shows signs of stabilization, consider entering a light long position; The initial target is 3340–3345. If this level is breached, consider holding for a move toward the 3375–3380.
🔰 If the gold price encounters resistance in the 3340-3345 area, short-term short orders can be arranged, and the target can be seen around 3320-3310
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions. If you have any questions or need one-on-one guidance, feel free to contact me🤝
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 Analysis and Trading Strategy | July 17✅ Fundamental Analysis
🔹Although President Trump denied plans to dismiss Federal Reserve Chairman Jerome Powell, he emphasized that he does “not rule out the possibility in the future” and criticized the Fed’s headquarters renovation for budget overruns. This added to policy uncertainty and strengthened gold’s appeal as a safe-haven asset.
🔹Market expectations for a rate cut in September have risen to 60%, which is supportive for gold.
🔹On the geopolitical front, Israel launched an airstrike on Damascus, the capital of Syria, hitting areas near the Ministry of Defense and the Presidential Palace. The escalation in Middle East tensions has driven safe-haven flows into the gold market.
✅ Technical Analysis
🔸So far this week, gold has shown a clear range-bound pattern. Despite various market influences, gold has been rejected three times near 3375 on the upside and found support twice near 3320 on the downside. This indicates a well-defined consolidation zone between 3375 and 3320.
🔸As long as this range remains intact, gold is unlikely to form a strong trending move. The market is expected to continue fluctuating within this zone through Thursday and Friday. Thus, the trading strategy remains focused on range trading — selling near resistance and buying near support.
🔸In the event of an unexpected breakout: A break above 3375 could open the path toward 3400. A breakdown below $3320 could trigger a move down to 3285. However, price extensions in either direction may be limited in scope.
🔴 Key Resistance Zone: 3365–3375
🟢 Key Support Zone: 3320–3315
✅ Trading Strategy Reference
🔺 Long Position Strategy:
🔰If gold finds support near 3325–3330, consider entering light long positions.
🔰Conservative traders may wait for a confirmed rebound from 3320 before entering.
🔰Target levels: 3340 → 3355 → 3375
🔻 Short Position Strategy:
🔰If gold rebounds and faces resistance within the 3365–3370 zone, consider initiating short positions based on price action signals.
🔰Suggested stop-loss: above 3378
🔰Target levels: 3325→ 3320→ 3310
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions. If you have any questions or need one-on-one guidance, feel free to contact me🤝
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.
Gold Analysis and Trading Strategy | July 16✅ Fundamental Analysis
The U.S. Dollar Index has risen for four consecutive trading days, reaching a high of 98.70, which continues to weigh on gold prices denominated in dollars. Recently, the Trump administration imposed a 30% tariff on goods from the European Union and Mexico, and plans to issue tariff notices to Indonesia (19%) and several other “smaller countries” (around 10%), triggering global trade tensions. Meanwhile, the ongoing escalation of the Russia–Ukraine conflict has increased safe-haven demand, providing some support for gold.
✅ Technical Analysis
Gold posted a long upper shadow bearish candlestick yesterday, indicating weak upward momentum and selling pressure near recent highs. The daily chart has shown multiple failures to break above previous highs, signaling fading bullish strength. Currently, price action remains in a high-level, low-volume consolidation, with both daily and weekly charts showing repetitive sideways movement and no clear breakout direction.
On the 4-hour chart, gold was rejected near the upper range at $3375 and fell sharply. After breaking below the mid-range support, the price found minor support near the lower band. The overall structure remains a wide-range consolidation, lacking sustained directional movement.
🔴 Key Resistance Levels: 3345–$3350; if broken, gold may test the 3400 psychological level.
🟢 Key Support Levels: 3322–3330; if breached, prices could decline further toward 3300.
✅ Trading Strategy Reference
🔺 Long Position Strategy:
🔰If the price pulls back to below the $3325–$3330 zone and shows signs of support, consider entering a light long position. Set a stop-loss below $3310, targeting $3340–$3350–$3360.
🔻 Short Position Strategy:
🔰If the price rebounds to the $3344–$3350 resistance zone and stalls, consider shorting on strength. Set a stop-loss above $3355, with targets at $3320, $3310, and $3300.
✅ Risk Warning
The U.S. PPI data will be released today. If the data significantly exceeds expectations and inflationary pressures rise, gold may come under renewed selling pressure and potentially break below the key $3300 support level. Conversely, if the data is moderate, it could ease market concerns and help stabilize gold prices.
