Gold Price Action Update - July 9th, 2025We have seen that gold retested crucial 3300 support level once again yesterday and managed to bounce back, closing above it by day's end. This suggesting that the bulls were still in control.
but again in eary asian session today Gold broke below 3300 and is now trading under Monday's low(3295-96).This is definitely a shift in momentum that we need to watch carefully.
If we stay below Monday's low (3295-96) and can't reclaim the weekly pivot, more downside pressure possible,
The next logical target /support would be the weekly S1 at 3268.
For any bullish recovery, we NEED to reclaim that weekly pivot at 3316,and 3345 our next major hurdle to overcome,while today's action looks bearish on the shorter timeframes, the daily close is still favoring the bulls for now. This creates an interesting dynamic where we're seeing some short-term weakness within what's still technically a bullish structure.
GOLDMINICFD trade ideas
Gold Trading Strategy for 9th July 2025📈 GOLD INTRADAY TRADE SETUP
✨ High-Probability Levels Based on Price Action ✨
🟢 Buy Setup – Breakout Trade
Entry: Buy above the high of the 1-hour candle with a strong close above ₹3318
Targets:
🎯 T1: ₹3329
🎯 T2: ₹3342
🎯 T3: ₹3355
Stop Loss: Below ₹3308 (adjust based on risk appetite)
Reason: Bullish momentum expected above ₹3318 with confirmation from higher time frame close. Ideal for momentum traders looking to ride the trend.
🔴 Sell Setup – Breakdown Trade
Entry: Sell below the low of the 15-minute candle with a firm close below ₹3285
Targets:
🎯 T1: ₹3272
🎯 T2: ₹3261
🎯 T3: ₹3250
Stop Loss: Above ₹3295 (modify as per volatility)
Reason: Short-term weakness signaled by intraday structure. Ideal for scalpers and short-sellers during correction phases.
⚠️ Important Notes:
Wait for candle close confirmation at key levels.
Use proper risk management – position sizing, stop-loss, and trailing methods.
Combine with indicators like RSI, volume, or VWAP for added confidence.
📌 Disclaimer:
🔺 This analysis is for educational and informational purposes only.
📊 Trading involves substantial risk – always consult with your financial advisor before making decisions.
💡 Past performance is not indicative of future results. Trade wisely and stay disciplined!
Gold as said sell on rise 3260-3250 1st target 3220,3190 nextHow 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
7.8 Gold Analysis7.8 Gold Analysis
Currently, the market is in a tug-of-war between long and short positions
1. Short forces (suppressing gold prices):
Federal Reserve hawkish expectations: Strong non-farm data has reduced market expectations for a rate cut in July, and even strengthened the "higher and longer" interest rate stance.
Stronger US dollar and US Treasury yields: Cooling expectations for rate cuts have pushed up the US dollar and Treasury yields, increasing the opportunity cost of holding interest-free assets such as gold.
2. Long forces (supporting gold prices):
Geopolitical risks: Trump's threat to impose tariffs (trade friction risks) and other unspecified geopolitical tensions have increased gold's safe-haven appeal.
Economic uncertainty: Potential trade frictions themselves will also bring uncertainty to the economic outlook, which is good for gold.
Technical analysis
Watershed: 3320
Resistance level (short selling area): Near 3320
Strategy: Before the price effectively breaks through and stabilizes at 3320, any rebound to this position is seen as a short selling opportunity.
Breakout signal: If the price effectively breaks through and stands above 3320, the technical pattern will turn bullish, and the bearish idea should be abandoned. Consider going long or waiting.
Today's strategy
SELL: around 3320
SL: 3330
TP: 3310-3280
Be cautious in trading and control the risk! I wish you a smooth transaction!
XAUUSD Short Setup – Bearish Structure Break & RetestI’m watching a clean bearish structure on Gold (XAUUSD) as follows:
✅ Trendline Rejections:
Price has respected a descending trendline with three confirmed lower highs, showing clear bearish pressure.
✅ Key Support Broken:
The 3,325–3,330 zone previously acted as strong support. Price has broken below this area with momentum.
✅ Potential Retest:
I expect a pullback retest of the broken support (now resistance) zone. If we see rejection in this area, I plan to enter short.
✅ Target Area:
The final target for this move is set near the 3,262–3,265 zone, which aligns with previous demand and potential liquidity levels.
🎯 Trade Idea Summary:
Bias: Bearish
Entry Zone: 3,325–3,330 (on retest confirmation)
Stop Loss: Above the descending trendline (~3,340+)
Target: 3,262
Risk-Reward: Approx. 1:2 or higher depending on entry execution
⚠️ Note:
Always confirm entries with price action (e.g., bearish engulfing candles or rejections) before entering. Manage risk properly as Gold can be volatile.
💬 What do you think? Share your thoughts and charts below!
#XAUUSD #Gold #TradingView #ShortSetup
Gold Price Setup: Bullish Continuation or Rejection? 🧠 Chart Analysis (XAU/USD – 1H):
Key Structure Highlights:
CHoCH (Change of Character) zones marked both up and down indicate a battle between bulls and bears.
Recent bullish CHoCH followed by a fair value gap (FVG) retest suggests potential continuation to the upside.
Price recently bounced strongly from demand zone, shown by the green arrows and strong candle reaction.
Ichimoku Cloud:
Price is trying to break back above the Kumo (cloud), a sign of bullish momentum building.
However, resistance is still present with the Kijun and Tenkan lines converging.
FVG (Fair Value Gap):
The current price is attempting to fill and break above the FVG zone.
A successful breakout above this area confirms bullish intention.
Fibonacci Levels:
Price is hovering around the 0.5 - 0.618 retracement zone, often a strong reversal or continuation point.
Upside targets lie near the 0.786 retracement (3352) and ultimate target at 3391, a major resistance level.
Risk Management:
Trade setup shows an excellent Risk:Reward ratio.
Stop-loss placed just below the last structure low.
Potential downside to 3290–3258 if breakout fails.
🟢 Possible Next Move:
Bullish Scenario: If price clears the FVG and breaks above 3353, expect continuation to 3391.
Bearish Rejection: If rejected at FVG/0.618 level, watch for a drop back to 3290 or even 3259.
How To Use The OBV (On-Balance Volume) Indicator?The OBV (On-Balance Volume) is a classic volume-based indicator that helps traders measure buying and selling pressure using volume flow. It was developed by Joseph Granville and is widely used to confirm price trends or spot early signs of reversals.
🔍 How OBV Works:
The OBV line is calculated by adding volume on up days and subtracting volume on down days.
* If the closing price is higher than the previous close, that candle's volume is added to OBV.
* If the closing price is lower, the volume is subtracted.
This creates a cumulative volume line that reflects how volume is flowing with price action.
📊 What OBV Tells You:
✅ A rising OBV suggests accumulation (buying pressure)
✅ A falling OBV suggests distribution (selling pressure)
✅ Divergence between OBV and price can signal potential reversals
📌 Example Use Cases:
🔹 Confirming breakouts and breakdowns
🔹 Spotting hidden strength or weakness
🔹 Identifying bullish or bearish divergences
🛠 OBV is most powerful when combined with trendlines, moving averages, or other price action tools.
Disclaimer :
This Post is not financial advice, it's for educational purposes only, I am not a SEBI-registered advisor. Trading and investing involve risk, and you should consult with a qualified financial advisor before making any trading decisions. I do not guarantee profits or take responsibility for any losses you may incur.
Buy Trade - XAU/USDGreetings to everyone!
You can place a buy trade on XAU/USD and check out my chart for the ideal entry, stop-loss & target placement.
Remember :-
* Move your SL to breakeven once the trade reaches 1:1 R.
* Aim for a minimum reward of 1:1.5 R.
* Don't risk more than 3% of your total margin.
Let's execute this trade smartly! 🚀
💬 About Me:
I am a professional trader with over four years of experience in the markets. I focus on swing trading using the 4H timeframe, mainly in the forex space. The trades I share here are the actual positions I’m executing. I post them as a small gesture to give back to the trading community that’s been a big part of my journey.
Cheers! 🙏
GOLD (XAU/USD) SELL TRADE SETUP – #2✅ GOLD (XAU/USD) SELL TRADE SETUP – #2
⏰ Timeframe: 1H
📅 Date: July 8–9, 2025
🔽 Trade Details:
Entry Zone: 3,329 – 3,330 USD/oz (key resistance zone with confluence from MA20, MA89 & trendline retest)
Stop Loss (SL): 3,336 USD (above major resistance and MA89)
Take Profit (TP):
TP1: 3,200 USD
TP2: 3,180 USD
📊 Technical Analysis:
Price is rejecting the resistance zone around 3,330 where:
MA89 is acting as dynamic resistance
Previous swing highs provide strong resistance
Broken trendline is being retested from below
Volume shows an increase in selling activity at resistance
Price action suggests a weakening bullish momentum and likely continuation to the downside
🧭 Trade Plan:
Watch for rejection patterns around 3,329–3,330
Enter short with confirmation (reversal candles or rejection wicks)
SL strictly at 3,336 to avoid fakeouts
Take partial profit at TP1, hold remainder for TP2
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!
XAUUSD Long Idea – Inverse Head & Shoulders ReversalTechnical Overview:
I’m observing a clean Inverse Head & Shoulders pattern forming on the 4-hour chart:
✅ Left Shoulder: Formed around 3,270
✅ Head: Rejection and reversal near 3,190
✅ Right Shoulder: Higher low around 3,300
✅ Neckline: Approx. 3,350 zone
Price has broken above the neckline area and is currently retesting it as support, which strengthens the bullish case.
Trade Plan:
🔹 Entry: Current zone near 3,340–3,350 retest
🔹 Targets:
🎯 TP1: ~3,400 (recent structural high)
🎯 TP2: ~3,450–3,460 (major resistance block)
🔹 Stop Loss:
Below the right shoulder area at ~3,290 for risk containment
Rationale:
1. Inverse Head & Shoulders is a classic bullish reversal pattern
2. Break and retest of neckline suggests buyers stepping in
3. Momentum shift confirmed by higher low structure
Potential Path:
I expect price to bounce from the neckline retest and push towards the 3,400 psychological level. If momentum persists, continuation to the 3,450 resistance block is likely.
📊 Risk to Reward Estimate:
Approx. 1:2 to 1:3 depending on target selection
📝 Note:
This analysis is for educational purposes—always manage your risk and validate entries with your own confirmations.
Gold Rebounds Sharply Amid Fed Bets and Risk-Off ShiftsYesterday, the precious metal faced selling pressure as investor risk appetite improved following record highs in major U.S. stock indices.
However, that bearish trend is quickly reversing due to renewed dip-buying activity. Early this morning, gold is trading around $3,335, marking a sharp rebound of over $40 from the previous session.
Expectations of Fed rate cuts and concerns over U.S. fiscal health continue to weigh on the USD, while geopolitical risks may further support the safe-haven appeal of gold.
📊 Key Economic Events to Watch This Week
Tuesday: Reserve Bank of Australia’s monetary policy meeting
Wednesday: FOMC minutes from June’s Fed meeting
Thursday: U.S. weekly jobless claims data
Stay alert – volatility may rise as these events unfold.
Elliott Wave Analysis – XAUUSD – July 8, 2025
🔎 Momentum Analysis
On the daily (D1) timeframe, momentum is currently declining. At the same time, the 4H momentum is showing signs of reversing downward. This suggests a likely short-term corrective decline, which provides a basis for projecting potential Elliott Wave patterns.
🌀 Elliott Wave Structure
On the 4H chart, I currently see two main possible scenarios:
Scenario 1: Contracting Triangle Correction (abcde – purple)
This scenario assumes a contracting triangle correction labeled abcde in purple.
The market appears to be in wave d (purple), which is unfolding as a wxy corrective structure. Currently, it is likely in wave y.
The projected target for the end of wave y is between 3393 – 3402.
However, due to the declining momentum, I expect a short-term pullback to the 3318 – 3321 region before price resumes upward to complete wave d.
Scenario 2: Larger WXY Correction
In this case:
Wave W has completed as a standard 3-wave abc.
Wave X has also completed as a double zigzag.
Wave Y appears to be forming a small contracting triangle abcde in red.
Currently, the price is being compressed between the upper and lower boundaries of the red triangle, suggesting that it is in the final wave e.
In this scenario, the projected retracement also aligns with the 3318 – 3321 zone. After completing wave e, price is expected to break out strongly above the upper boundary of the red triangle.
✅ Strategic Conclusion
Both scenarios point to a confluence zone at 3318 – 3321, making this a key potential buying area. Two trading approaches can be considered:
Aggressive Entry: Buy within the 3318 – 3321 range.
Conservative Entry: Wait for a confirmed breakout above the red triangle before entering a long position.
📈 Suggested Trade Plan
Buy Zone: 3318 – 3321
Stop Loss: 3308
Take Profit 1: 3342
Take Profit 2: 3362
Take Profit 3: 3393
Gold Bounces Back: Quick Recovery from 3300 SupportGold is now trading above this week's pivot at 3316, which is a positive development. This suggests the bulls are regaining control after yesterday's decline, Rather than breaking down after the failed attempt at 3360, gold is showing it can hold key support and bounce back quickly. This resilience is encouraging for the medium-term outlook.
Key Levels Moving Forward:
Support: 3300 (now proven)
Pivot: 3316 (currently holding above)
Resistance: 3360 (still the key level to break)
XAUUSD – Downtrend broken, bullish momentum returnsXAUUSD has broken above the descending trendline and is currently retesting the breakout zone around $3,330. If this area holds, price may continue to rise toward $3,352 and potentially $3,380.
Current price action suggests a bullish continuation pattern is forming. The bullish outlook would be invalidated if price drops below $3,255.
From a fundamental perspective, gold is supported by HSBC’s upward revision of its 2025 forecast, strong central bank demand, and rising geopolitical tensions – all reinforcing a medium-term bullish outlook.
Gold Trading Strategy for 08th July 2025🔔 GOLD INTRADAY STRATEGY - XAU/USD
📅 Applicable for today only
🟢 BUY SETUP
💰 Entry: Buy above the high of the 1-hour candle after a close above $3352
🎯 Targets:
✅ Target 1: $3361
✅ Target 2: $3372
✅ Target 3: $3385
🛑 Stop Loss: Below the breakout candle low
📈 Bias: Bullish continuation if price sustains above key resistance
🔴 SELL SETUP
💰 Entry: Sell below the low of the 1-hour candle after a close below $3319
🎯 Targets:
✅ Target 1: $3307
✅ Target 2: $3298
✅ Target 3: $3285
🛑 Stop Loss: Above the breakdown candle high
📉 Bias: Bearish momentum likely if key support breaks
📊 Key Levels to Watch
🔼 Resistance: $3352
🔽 Support: $3319
⚠️ Disclaimer:
This content is for educational and informational purposes only. 📘
Trading in financial markets involves risk. 💹
Please consult your financial advisor before making any trading decisions.
Use proper risk management (1–2% per trade). 📏
Past performance is not indicative of future results. 📉
GOLD Spot (XAU/USD) 4H Analysis – Rejection Confirmed at Resista🔍 GOLD Spot (XAU/USD) 4H Analysis – Rejection Confirmed at Resistance 🔴🟢
📅 Date: July 7, 2025
📊 Timeframe: 4-Hour (4H)
💱 Pair: Gold vs US Dollar (XAU/USD)
📌 Key Technical Highlights:
🔴 Resistance Zone:
3,390 – 3,420 USD
Price faced strong rejection (🔴 red arrow) from this zone after forming a lower high.
This zone has previously acted as a reversal barrier.
📉 Bearish Trendline:
A well-respected descending trendline capped multiple rally attempts.
Recently broken to the upside, suggesting a possible trend shift.
🟢 Main Support Level:
3,270 – 3,300 USD
Marked by the blue-green box and multiple bullish bounces (🟢 green arrows).
Buyers stepped in aggressively around this level, preserving bullish structure.
📈 Current Price Action:
Price is consolidating just above support and attempting a retest of broken trendline resistance.
Higher low structure suggests bulls may try to reclaim 3,375–3,400 in the short term.
✅ Summary:
🧠 Bulls are defending the key support zone, forming a potential base for a reversal.
⚠️ A break below 3,280 could expose 3,230–3,200.
🚀 A close above 3,375 could open the door toward 3,420 again.
📉 Bias: Neutral to Bullish (while above main support)
🔔 Watch for breakout confirmation and volume near 3,375
🛡️ Trading Tip: Wait for confirmation candles at key zones – either a breakout above trendline resistance or a retest of main support for optimal entries.
📊 Happy Trading! 🪙💹
sell signal at the beginning of the week, downward pressurePlan XAU day: 07 July 2025
Related Information:!!!
Gold prices (XAU/USD) maintain an intraday bearish bias during the first half of the European session, although the precious metal has managed to rebound from the $3,300 level—its lowest point in a week, recorded earlier on Monday. A notable uptick in demand for the US Dollar (USD) has emerged as a primary factor diverting flows away from gold. However, increasing market consensus that the US Federal Reserve (Fed) is likely to implement further interest rate cuts this year may temper bullish sentiment toward the USD and offer some support to the non-yielding yellow metal.
Additionally, concerns surrounding former President Donald Trump’s substantial tax-cut and spending proposals—seen as potentially exacerbating the United States’ long-term debt challenges—may also act as a constraint on USD strength. Meanwhile, overall market sentiment remains fragile due to ongoing uncertainty linked to Trump's unpredictable trade policies. Furthermore, renewed Israeli airstrikes on Yemen—the first in nearly a month—have dampened investor appetite for riskier assets, further helping to limit downside pressure on gold and warranting a cautious approach from bearish traders.
personal opinion:!!!
Gold price adjusts and accumulates around 3300 before tariff policies this week, gold recovery opportunity
Important price zone to consider : !!!
Resistance point: 3324 zone
Sustainable trading to beat the market
Gold/USD Bullish Reversal from Support Zone Gold/USD Bullish Reversal from Support Zone 🟢📈
Technical Analysis:
Support Zone: Price is consistently respecting the horizontal support range near 3,305 – 3,310, confirming it as a strong demand zone (marked by multiple orange circles and previous bounce reactions).
Bullish Structure: After breaking the descending trendline, the price has retested the trendline and horizontal support zone, forming a higher low — a classic bullish reversal signal.
Target Projection: The measured move projection targets a potential upside near 3,366.979, aligned with previous highs.
Bullish Candlestick Patterns: Green arrows highlight bullish price action at significant reversal points, confirming buyer strength at support.
Harmonic Pattern: The shaded harmonic pattern suggests completion near the previous lows, which aligns with the reversal zone.
Conclusion:
As long as the price holds above the support area and respects the trendline retest, bulls may push toward the projected target. A break below the zone would invalidate this bullish setup.
Today's gold price high short selling ideasToday's gold price high short selling ideas
Today's gold price plummeted and is still in a downward trend in the short term.
As of the publication of this article, the gold price is around $3,300.
Core factors affecting today's gold price
1. Adjustment of US tariff policy
Latest developments:
The Trump administration plans to send tariff adjustment letters to about 12 countries before July 9, and the new tariff rate (10%-70%) is expected to take effect on August 1.
US Treasury Secretary Benson hinted that the negotiations may be extended, and the market's panic over trade frictions has eased, causing safe-haven funds to withdraw from gold.
Technical analysis
Key price levels:
Support:
US$3,300
US$3,280
US$3,250
Resistance:
US$3,320
US$3,350
US$3,400
Short-term (1-2 weeks): Gold's trend will still be dominated by tariff negotiations (July 9), the Federal Reserve meeting minutes (July 10) and the situation in the Middle East.
Operation strategy:
(1): Pay attention to the 3300 support level, the watershed of the long and short trends
(2): Long strategy: As long as the gold price is above 3300, go long at a low price, and the stop loss is 3295 (operate with caution)
(3): The gold price is under pressure at 3320-3340-3350-3365. It is also correct to use these pressure ranges as a high-altitude operation.
(4): After breaking through 3300, pay attention to the support of 3280 US dollars. If it falls below, it may test 3250 US dollars.
Today, the gold price is likely to fall to the 3260-3280 range. Bulls need to pay attention to risk aversion.