XAUUSD: collapse brewingU.S. data keeps hammering gold: Jobless claims dropped sharply, and manufacturing PMI beat expectations — giving the Fed even more reason to keep rates elevated. This weakens gold’s safe-haven appeal.
On the H4 chart, XAUUSD is hovering just above weak support with a clear distribution pattern. Price has been repeatedly rejected near the FVG zone at 3,390 and is trading below the previous high. If it breaks down from this confluence zone, strong selling pressure could drive it down to 3,311 — where the major trendline intersects a previous green FVG zone.
Strategy: Look to SELL if price fails at 3,390 and confirms a breakdown. Target a failed retest and a drop toward 3,311.
One sharp drop could trigger a deeper wave — are you ready?
GOLDMINI trade ideas
Gold (XAU/USD): Supply Zone Rejection & Bearish Breakdown Chart Breakdown:
Supply zone rejection: Gold revisited the “supply zone” (light green/grey area) and failed to break above — a classic signal of seller dominance.
Uptrend invalidated: A sharp rise (steep black trendline) ended with a peak marked by the green arrow, followed by a decisive breakdown.
Ichimoku Cloud test: Prices slipped through the Ichimoku components, reinforcing the shift to bearish sentiment.
Potential targets: The red/green risk‑reward box highlights a short position, targeting ~3,347 then ~3,318 levels (blue labels) as initial support zones.
Strong supply base: The extensive grey zone below marks a "stronger supply zone" — this could cap any modest bounce and keep the downtrend intact.
🔍 Interpretation:
Bias: Bearish — sellers have taken control after a failed breakout.
Strategy: Short on rallies toward the mid‑green/red box (~3,373–3,380), targeting ~3,347 first and then ~3,319. Watch for support at the strong supply region (~3,292) for potential reversal or consolidation.
Risk management: Keep stop above the red zone—above recent highs (~3,380+) to limit risk.
🚀 In a nutshell: After failing to break supply and losing its short‑term uptrend, gold appears poised for a pullback. The next key levels to watch are ~3,347 and ~3,319—where buyers might step back in, or the downtrend continues toward the deeper supply base.
Gold (XAU/USD) – Symmetrical Triangle Breakout Imminent on 4HGold is currently trading within a large symmetrical triangle on the 4-hour Heikin Ashi chart, with price approaching the apex of the formation—suggesting a decisive breakout could be near.
EMAs: Price is hovering just below the 20 EMA ($3,368.31) and 50 EMA ($3,366.70), showing weakening bullish momentum.
Chart Pattern: Series of lower highs and higher lows squeezing price into a narrowing range, classic of a symmetrical triangle.
A break above $3,370–$3,390 may lead to bullish continuation toward $3,500+, while a drop below $3,320 could open the door to $3,200 or lower.
Watch closely for volume confirmation and candlestick follow-through outside the triangle. Ideal setup for breakout traders.
Gold Continues to Drop, $3310 Last Hope for BullsAfter failing to clear above $3439, Gold faced strong selling pressure and dropped to $3325 during New York session as trade deal between the US and Japan eased global economic concerns dampening safe haven appeal for Gold.
Stability below immediate resistance $3340 keeps immediate momentum bearish with potential downside likely to extend towards make or break zone $3310
If $3341 is reclaimed, recovery attempts will face challenge at $3350-$3358-$3365 while major resistance sits at $3375-$3385
Gold Analysis and Trading Strategy | July 25✅ Fundamental Analysis:
🔹 Political Pressure on the Federal Reserve Increases Safe-Haven Demand
President Trump made a rare visit to the Federal Reserve, pressuring it to cut interest rates. At the same time, his political allies filed a lawsuit against Fed Chair Jerome Powell, demanding a public meeting. These events have raised concerns over the Fed’s independence and the outlook for U.S. monetary policy, increasing long-term uncertainty. This serves as a medium- to long-term bullish factor for safe-haven assets like gold.
🔹 Rising Geopolitical Tensions Fuel Safe-Haven Demand
The U.S. has withdrawn from the Doha ceasefire negotiations, accusing Hamas of insincerity. Meanwhile, military tensions between Thailand and Cambodia have escalated, with cross-border clashes intensifying. Should the conflict broaden, safe-haven buying of gold could be triggered, further supporting prices.
✅ Technical Analysis:
🔸 On the daily chart, gold has closed lower for two consecutive sessions, forming a “two black crows” pattern—an indication that bearish momentum is gradually taking control and market sentiment is turning pessimistic. Although a short-term consolidation or rebound is possible, the broader trend remains bearish.
🔸 The $3340 level on the daily chart is a key support zone. It marks not only a crucial dividing line for the previous uptrend but also a critical battleground for bulls and bears. If this level holds, a technical rebound could follow; if it breaks, gold may continue its decline toward the $3310 area.
🔴 Resistance Levels: 3373–3375 / 3382–3390
🟢 Support Levels: 3340–3335 / 3330–3310
✅ Trading Strategy Reference:
🔻 Short Position Strategy:
🔰Consider entering short positions in batches if gold rebounds to the 3365-3370 area. Target: 3355-3345;If support breaks, the move may extend to 3340.
🔺 Long Position Strategy:
🔰Consider entering long positions in batches if gold pulls back to the 3335-3340 area. Target: 3365-3375;If resistance breaks, the move may extend to 3380.
🔥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🤝
XAUUSD Squeeze Alert – Triangle Breakout Incoming!📌 GOLD (XAUUSD) 4H – BIG MOVE LOADING ⚠️
Gold has been consolidating inside a rising triangle for weeks, showing strong compression between higher lows and horizontal resistances.
🔍 Key Technical Observations:
Price forming a contracting triangle (marked in green)
Consolidation between $3,310 – $3,419 (Fibonacci 0.5–0.786 zone)
Multiple rejections near 0.786 zone (3,419), and higher lows respecting the trendline
Structure forming a bullish bias, but only a breakout above $3,420–3,430 will confirm
📐 Fibonacci Levels (from $3,120 to $3,500):
0.618: $3,355.26 (Current zone of battle)
0.5: $3,310.48 – immediate support
0.382: $3,265.70 – deeper pullback level
🎯 Breakout Targets:
Upside Break: $3,500+ and possibly $3,657 (1.414 extension zone)
Downside Break: Watch $3,310 → $3,290→ $3,270
💡 Conclusion:
Gold is at a decisive moment — breakout or breakdown ahead.
Wait for confirmation above $3,420 or below $3,310 for momentum entry.
Perfect structure building for positional and swing traders.
📌 Add this to your watchlist – a big move is coming.
Gold Tests Key Support – Time to Buy or More Downside Ahead?🌐 Market Overview
Gold remains under pressure following yesterday’s sharp sell-off, driven largely by macro-political tensions and profit-taking at recent highs.
🔻 On July 24th, former President Trump made a surprise visit to the Federal Reserve headquarters — a move interpreted by markets as subtle pressure on the Fed to start cutting rates.
While the Fed hasn’t signaled any immediate easing, short-term bond yields have dipped slightly — reflecting growing rate-cut expectations.
The US Dollar, however, remains firm, showing markets are still hesitant to fully price in a Fed pivot after strong economic data.
📊 Technical Outlook
On the H2 timeframe, gold continues to trade within a broader bullish structure, but price action is now hovering near a critical Keylevel at 3338, aligned with a rising trendline and VPOC zone. A breakdown below this level could open the door for deeper liquidity grabs toward 332x and even 329x.
Volatility is high, and price is moving in wide ranges — ideal conditions for short-term scalp setups.
🎯 Trading Strategy
🔽 Scalp Buy (Short-Term Bounce Opportunity)
Entry: 3338 – 3336
Stop Loss: 3332
Targets: 3342 – 3346 – 3350 – 3354 – 3360 – 3365 – 3370 – 3380
🟢 Buy Zone (Deeper Pullback, Reversal Potential)
Entry: 3312 – 3310
Stop Loss: 3305
Targets: 3316 – 3320 – 3325 – 3330 – 3340 – 3350 – 3360 – 3370 – 3380
🔻 Sell Zone (If Price Retests Resistance)
Entry: 3374 – 3376
Stop Loss: 3380
Targets: 3370 – 3366 – 3360 – 3355 – 3350 – 3340 – 3330
🧭 Key Price Levels
Support: 3350 – 3338 – 3325 – 3310 – 3294
Resistance: 3374 – 3390 – 3400 – 3421
⚠️ Risk Management & Notes
As we head into the weekend, the market is prone to unexpected liquidity sweeps and sharp reversals.
Only consider short-term BUY positions for today. Avoid holding long-term buys until there's confirmation that the lower liquidity zones have been fully swept.
Strictly follow TP/SL discipline to protect capital — especially in volatile, low-news sessions like this.
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Gold holds steady—Is a breakout above $3,400 next?Gold prices have corrected exactly as we anticipated yesterday. At the time of writing, gold is hovering around $3,370 USD, showing little volatility since the start of the session.
Although the market is undergoing a short-term pullback, I still believe gold remains in a medium- to long-term uptrend. One key reason is the global shift away from the US dollar, with many countries increasing their gold reserves. Meanwhile, the USD is projected to weaken further in the long run. On top of that, if the Federal Reserve indeed begins to ease monetary policy, gold could break above the $3,400 level and potentially set a new record.
In addition, trendline support remains intact—if momentum picks up from here, the bullish trend may soon resume.
XAUUSD GOLD Analysis on(25/07/20025)#XAUUSD UPDATEDE
Current price - 3356
If price stay above 3320 then next target 3375,3495,3425 and below that 3300
Plan;If price break 3347-3340 area,and stay above 3350,we will place buy order in gold with target of 3375,3395,3425 & stop loss should be placed at 3320
Elliott Wave Analysis – XAUUSD July 25, 2025📊
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🔍 Momentum Analysis
• D1 Timeframe: Momentum is declining. Based on the current pace, it’s likely that only 1–2 more daily candles are needed before momentum enters the oversold zone → suggesting one more potential downward leg.
• H4 Timeframe: Momentum is about to turn bearish, indicating we might see a sideways movement or a slight drop in the short term.
• H1 Timeframe: Momentum is currently falling. By the end of the current H1 candle, momentum will likely enter the oversold zone → potential for a bullish reversal soon.
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🌀 Elliott Wave Structure
• A clear 5-wave Wave A has already formed with no irregular patterns, so I’m expecting Wave B (black) to unfold as a 3-wave structure.
• Within this black Wave B, price is now developing Wave B (blue), meaning Wave A (blue) has already completed. Looking at the lower timeframe, I can identify a 5-wave structure → suggesting a zigzag correction in the form of 5-3-5 for black Wave B.
• Target for Wave B (blue): The 3360 area – this is a support level and also aligns with Fibonacci confluence, making it a strong candidate for the end of Wave B (blue) and a potential reversal zone.
• If price respects the 3360 level, then projected targets for Wave C (blue) would be around 3386 or 3402.
• However, if price breaks below 3351, the current wave count becomes invalid. In that case, we will shift to an alternate scenario and look for a buy opportunity near the lower edge of the triangle (c)-(e) and other confluence support zones.
________________________________________
🔄 Combining Momentum & Wave Structure
• D1 momentum shows weakening in this downward move, and the lower boundary of the triangle (c)-(e) is a prime area to look for the end of Wave e.
• Ideally, we want to see:
o A short-term bounce upward aligning with H1 momentum reversal to complete Wave C (blue).
o Then a confluence with H4 momentum turning bearish, indicating possible trend continuation or reversal.
________________________________________
📌 Trade Plan
• For experienced traders:
Watch closely around 3385 and 3401 for reversal signals to enter Sell positions.
• For beginners, I recommend the following limit setup:
o SELL ZONE: 3399 – 3402
o SL: 3501
o TP1: 3374
o TP2: 3351
XAU/USD
On July 25, a strategic trade setup was identified in the XAU/USD pair with an entry price at 3371, a stop-loss at 3364, and a target exit at 3385. The trade capitalized on bullish momentum following a minor pullback, offering a favorable risk-to-reward ratio of approximately 1:2. The price action showed strong support near the 3365 level, where buyers had previously stepped in, indicating a solid base for a potential upward move.
Entering at 3371 allowed the trade to ride the bullish wave as price moved above a short-term resistance. The stop-loss at 3364 was placed strategically just below the recent swing low, protecting capital in case of a reversal. The target at 3385 was aligned with a key resistance zone from earlier sessions, offering a realistic and achievable exit.
This setup was ideal for intraday or short-term traders looking to take advantage of price volatility in gold. Technical indicators, such as RSI and MACD, supported the bullish bias, and volume showed a surge during entry time. The trade closed in profit at 3385, reflecting a successful execution based on disciplined entry and exit criteria. Such trades highlight the importance of planning, analysis, and timely action in gold trading.
Gold takes a break – what's next?After Tuesday’s strong breakout, XAUUSD is now consolidating just as we expected yesterday. The price is hovering around 3,385 USD and is forming a head and shoulders pattern.
Technically speaking: If gold continues to hold the 3,350 USD support zone and the trendline, the bullish outlook remains intact. At this stage, gold is simply "taking a break" before its next move.
I'm still optimistic about gold’s potential — how about you?
Gold Trading Strategy for 25th July 2025🟡 GOLD TRADING IDEA
Instrument: Gold (₹ based)
Timeframe: ⏱️ 15-Minute Candle
Strategy: Breakout Method (Buy above High / Sell below Low)
✅ BUY SETUP – LONG TRADE
📌 Condition to Buy:
Wait for a 15-minute candle to close above 3,385
Then, Buy above the high of that candle.
📍 Example:
A 15-minute candle closes at 3,386
High of that candle is 3,389
Your Buy Entry = 3,389.10 (just above the high)
🎯 Target Levels:
Target 1: 3,395
Target 2: 3,408
Target 3: 3,419
🛡️ Stop Loss:
Place stop loss below the low of the breakout candle
(e.g., if low is 3,379, use 3,378.90 or nearby)
🟢 Why this setup works:
A strong close above 3,385 followed by a break above the candle high indicates bullish pressure and potential continuation.
🔻 SELL SETUP – SHORT TRADE
📌 Condition to Sell:
Wait for a 15-minute candle to close below 3,350
Then, Sell below the low of that candle.
📍 Example:
A 15-minute candle closes at 3,348
Low of that candle is 3,346
Your Sell Entry = 3,345.90 (just below the low)
🎯 Target Levels:
Target 1: 3,338
Target 2: 3,322
Target 3: 3,309
🛡️ Stop Loss:
Place stop loss above the high of the breakdown candle
(e.g., if high is 3,355, use 3,355.10 or nearby)
🔴 Why this setup works:
A close below 3,350 followed by a break below the low signals bearish momentum and likelihood of a further drop.
📘 QUICK TIPS
✅ Wait for the 15-minute candle to fully close – no early trades
🎯 Use alerts or place stop/limit orders for precise entries
📉 Always place a stop loss to limit losses
💰 Risk only 1–2% of your trading capital
🕒 Trade during active market hours for better execution
🧪 Test your strategy on a demo account before going live
⚠️ DISCLAIMER
📌 This trading idea is for educational purposes only. Trading in commodities like gold involves market risk. Always perform your own analysis or consult a financial advisor. We are not responsible for any profits or losses based on this information.
Gold Trading Strategy | July 24-25✅ Fundamental Analysis
🔹 Diminishing Safe-Haven Demand: The reduction of U.S.–Japan auto tariffs to 15% and progress in U.S.–EU tariff negotiations have weakened gold’s appeal as a safe-haven asset. Risk-on sentiment has led to capital flowing into risk assets, squeezing safe-haven positions.
🔹 Speculative Positioning Adjustment: COMEX gold net non-commercial long positions have remained above 200,000 contracts for three consecutive weeks. The crowding level of leveraged positions has reached the 82nd percentile, increasing the likelihood of technical profit-taking, thereby adding to market volatility.
🔹 Long-Term Supportive Factors: Ongoing central bank gold purchases and U.S. dollar credit concerns (e.g., political pressure on the Fed by Trump) may limit the downside potential in gold prices.
✅ Technical Analysis
🔸 After failing to break higher, gold has pulled back toward the lower boundary of its trading range, and short-term weakness is gradually emerging. On the daily chart, the 5-day moving average ($3385) has crossed below the 10-day moving average, forming a bearish crossover, indicating weakening short-term momentum.
However, medium- and long-term moving averages remain in a bullish alignment, suggesting that the broader trend is still intact.
🔸 MACD: A bearish crossover has formed above the zero line, with increasing red bars on the histogram, signaling that the correction may not be over.
RSI: Currently at 52, within the neutral zone—no oversold signal yet, implying further downside room.
Bollinger Bands: Price remains above the middle band (approx. $3340), but the narrowing band width suggests a potential breakout is approaching.
🔴 Resistance Levels: 3375–3380 / 3397–3403
🟢 Support Levels: 3350–3355 / 3335–3340
✅ Trading Strategy Reference:
🔻 Short Position Strategy:
🔰Consider entering short positions in batches if gold rebounds to the 3375-3380 area. Target: 3360-3350;If support breaks, the move may extend to 3340.
🔺 Long Position Strategy:
🔰Consider entering long positions in batches if gold pulls back to the 3335-3340 area. Target: 3360-3370;If resistance breaks, the move may extend to 3380.
🔥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🤝
Elliott Wave Analysis – XAUUSD July 24, 2025📊
________________________________________
🔍 Momentum Analysis:
• D1 Timeframe: Momentum is currently in a downtrend, indicating that the dominant trend in the short term (at least until early next week) is likely to remain bearish or sideways.
• H4 Timeframe: Momentum has entered the oversold zone and is showing signs of a potential bullish reversal. This suggests that a corrective upward move may occur today.
• H1 Timeframe: Momentum is still declining and is expected to need around two more H1 candles before entering the oversold zone, implying that one more leg down may occur before a recovery begins.
________________________________________
🌀 Elliott Wave Structure Update:
Yesterday’s expectation of a breakout above the resistance zone at 3453 to confirm the start of a new bullish trend did not materialize. Instead, price dropped to the 3374 region, opening up two primary scenarios:
✅ Scenario 1: The correction is still unfolding
• Wave (d) in blue appears to be complete.
• The current leg is likely wave (e), the final leg in a contracting triangle correction.
• In this case, the lower boundary of the triangle and overlapping support zones will serve as key levels to watch for the completion of wave (e).
✅ Scenario 2: Wave 1 of a new bullish trend has completed
• The current decline is wave 2 in a new bullish impulsive sequence.
• The objective here is to identify the bottom of wave 2 to prepare for a potential buy entry into wave 3, which is expected to be stronger and longer than wave 1.
📌 Key difference between the two scenarios:
• Scenario 1 → Wave (e) completes, followed by wave 1 of wave 5.
• Scenario 2 → Wave 2 completes, followed by a powerful wave 3 of wave 5.
________________________________________
🧩 Current Wave Structure:
• A five-wave bearish structure is currently unfolding on the chart.
• According to Elliott Wave Theory, corrective patterns do not typically form five-wave structures.
• Therefore, this is likely wave A in a zigzag (5-3-5) formation.
• Possible targets for wave 5 within wave A:
o Target 1: 3374 – current reaction zone.
o Target 2: 3360 – next significant support level.
________________________________________
📌 Combining Wave Structure with Momentum:
The D1 momentum is firmly bearish, reinforcing the view that the market is undergoing a larger ABC correction.
On the H4 timeframe, momentum is oversold and showing early signs of reversal, aligning with the potential formation of wave B — typically a weak, sideways upward move. The likely resistance zone for the end of wave B lies between 3401 and 3410.
Meanwhile, H1 momentum is still falling and not yet in the oversold zone, suggesting there may be one more move down to complete wave 5. The ideal target for this final leg is around 3360.
Summary:
• D1 bearish → confirms ongoing major correction.
• H4 oversold → supports a potential weak wave B.
• H1 still declining → wave 5 may complete around 3360 before a recovery begins.
________________________________________
💼 Suggested Trading Plan:
For traders with limited experience or those not yet confident in reading live market signals, a Buy Limit strategy at clear support levels is recommended:
• Buy Zone: 3362 – 3360
• Stop Loss: 3352
• Take Profit:
o TP1: 3384
o TP2: 3400
🎯 For experienced traders, it is advised to observe price action at the target support zones and look for real-time reversal signals to optimize entry timing.
Gold Pulls Back as Expected, Long-Term Buying Opportunity Ahead🟡 XAUUSD 24/07 – Gold Pulls Back as Expected, Long-Term Buying Opportunity Ahead
🧭 Market Overview
Gold dropped sharply from the 343x area, exactly as anticipated, after breaking the rising channel on the H1 chart and starting to sweep liquidity zones below.
Key factors influencing price action today:
Global markets are awaiting the final outcome of US-EU-China tariff negotiations.
Focus now shifts to next week’s FOMC meeting, where talks of potential rate cuts are intensifying.
Tonight’s PMI and Jobless Claims from the US could introduce unexpected volatility.
📊 Technical Outlook
While the broader trend remains bullish on D1 and H4 timeframes, the short-term H1 chart shows a clear break in structure. Price is currently exploring key FVG zones and OBS levels below.
If these liquidity zones are fully filled, it could set up a highly attractive long-term BUY opportunity, especially as markets price in future Fed rate cuts.
🎯 Today’s Trading Strategy
📌 Short-Term SELL Opportunity
→ Look for early entries at resistance zones, but only with proper confirmation.
📌 Long-Term BUY Setup
→ Target strong technical confluences at deeper levels. Be patient — focus on clean RR setups, don’t rush into early longs.
🔎 Key Price Levels to Watch
🔺 Resistance Zones (Above):
3393 – 3404 – 3414 – 3420 – 3428
🔻 Support Zones (Below):
3375 – 3366 – 3352 – 3345 – 3330
🔽 Trade Scenarios
✅ BUY ZONE: 3352 – 3350
SL: 3345
TP: 3356 → 3360 → 3364 → 3370 → 3375 → 3380 → 3390 → 3400
🔻 SELL ZONE: 3414 – 3416
SL: 3420
TP: 3410 → 3406 → 3400 → 3395 → 3390 → 3380
⚠️ News Alert
Stay cautious with tonight’s US PMI and Jobless Claims releases — these could cause sharp spikes.
✔️ Use proper SL/TP
✔️ Avoid emotional trades
✔️ Let structure confirm before entries
📣 From MMF Team – Trade Smarter Together
If you find this analysis helpful and want more daily trading plans like this:
👉 Follow the MMF channel right here on TradingView — we deliver real, actionable market strategies, not just generic analysis.
🎯 Updated daily. Straight from the charts. Built for traders.
Gold Analysis and Trading Strategy | July 24✅ Fundamental Analysis
🔹The European Union and the United States are reportedly close to reaching an agreement to standardize tariffs on goods exported to the U.S. at 15%, aiming to avoid a potential increase to 30% starting August 1. Modeled after the U.S.–Japan trade framework, this deal eases global trade tensions significantly, boosts risk sentiment in financial markets, and leads to a notable decline in safe-haven demand for gold.
✅ Technical Analysis
🔸On Wednesday, gold formed a bearish engulfing pattern, signaling a potential trend reversal. The price also broke below the 5-day moving average, suggesting weakening short-term momentum.
🔸4-Hour Chart: Wednesday’s decline broke below the middle Bollinger Band, confirming the start of a corrective structure. The current price action suggests a bearish consolidation, with a continued search for support likely.
🔸If the 3365–3360 support zone is broken, the downtrend may extend toward 3350.
🔴Resistance Zone : 3400–3405–3410
🟢Support Zone : 3365–3360–3350
✅ Trading Strategy Reference:
Today's gold short-term strategy remains selling on rebounds as the primary approach, and buying on dips as a secondary strategy, depending on whether the market continues the corrective trend seen since Wednesday.
🔻 Short Position Strategy:
🔰Consider entering short positions in batches if gold rebounds to the 3405–3408 area. Target: 3390–3380;If support breaks, the move may extend to 3370.
🔺 Long Position Strategy:
🔰Consider entering long positions in batches if gold pulls back to the 3365–3370 area. Target: 3380–3390;If resistance breaks, the move may extend to 3400.
🔥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 Trading Strategy XAUUSD July 24, 2025Gold Trading Strategy XAUUSD July 24, 2025:
Yesterday's trading session, after rising to the 343x area, created a double-top pattern and fell sharply at the beginning of today's trading session.
Basic news: The EU is close to a 15% tariff agreement with the United States. The yield on 10-year US Treasury bonds fell more than 5 basis points to 4.332% before recovering to 4.364% but is still very low. The US real yield also fell 4.5 basis points to 1.932%.
Technical analysis: Gold prices fell sharply after forming a double-top pattern at the 343x area. RSI H1 is approaching the oversold area; RSI H4 and D1 are currently showing signs of correction to the average line. We will wait for the recovery of gold prices and continue trading at resistance areas.
Important price zones today: 3400 - 3405, 3420- 3425 and 3360 - 3365.
Today's trading trend: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 3400 - 3402
SL 3405
TP 3397 - 3387 - 3377 - 3367.
Plan 2: SELL XAUUSD zone 3420 - 3422
SL 3425
TP 3417 - 3407 - 3387 - 3367.
Plan 3: BUY XAUUSD zone 3363 - 3365
SL 3360
TP 3368 - 3378 - 3388 - 3400.
Wish you a safe, favorable and profitable trading day.🌟🌟🌟🌟🌟
SELL GOLD 3370 ! downtrend todayPlan XAU day: 24 July 2025
Related Information:!!!
US President Donald Trump announced late Tuesday that his administration had reached a trade agreement with Japan. In addition, reports suggesting progress toward a 15% trade deal between the United States and the European Union have bolstered investor confidence, exerting downward pressure on the safe-haven appeal of gold for the second consecutive session on Thursday.
Despite President Trump’s persistent calls for lower borrowing costs, markets do not anticipate an interest rate cut from the Federal Reserve in July. In fact, President Trump has continued his public criticism of Fed Chair Jerome Powell, including personal attacks on his stance regarding interest rates and repeated calls for his resignation.
personal opinion:!!!
Tariff negotiations between countries and the US, the catalyst for the sharp drop in gold prices, continued selling pressure.
Important price zone to consider : !!!
resistance zone point: 3370 zone
Sustainable trading to beat the market