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OANDA:XAUUSD Good day Gold saw a massive volume drop today on the daily after Friday’s pump. If 2680 breaks, it’s likely heading to 2670-65 levels, where it could resume its move again. I’d suggest selling below 2680 with targets at 2670-65. At 2665, look for a buy with a tight stop loss! Sell :- 2680 Break targeting 2670-65 Sl above 2690 Buy :- 2665 Targeting...

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OANDA:XAUUSD Good day! Yesterday, gold broke out at 2665, and the bulls are starting to regain momentum. Closing above 2665 confirmed the breakout, which is crucial. Expect more bullishness today. I’d suggest buying in the 2664-2669 range, targeting 2680/2700, with a stop loss below 2654. With NFP today, it’s going to be a high-volatility day—spikes can happen,...

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OANDA:XAUUSD Good day! Yesterday, gold hit some sell-side SLs after stronger data from Tuesday. Once again, gold failed to close above 2665. The FOMC minutes came across as mixed, with both dovish and hawkish comments in play. This morning, I’m getting a bearish vibe on gold. A break below 2640 is needed to confirm a move lower. For now, breaking 2655 could...

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Gold’s flat today after yesterday’s strong data, not really moving much. No clear entries or trades right now. We need a breakout on either side to see some direction. Upside needs to break 2665, downside 2625—until then, nothing much to do. With ADP dropping today, let’s see how gold reacts after the data.

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See the 2665 High volume zone rejection, Fatality or brutality Friday will tell us!

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Gold is stuck in a wide range, with hurdles both ways. All timeframes look choppy, and lower timeframes are forming a rubber band effect. It needs to break above 2643 to push toward 2665, where it’ll hit a high-volume zone. On the downside, breaking below 2630 will bring it to the lower volume zone. Until something gives, it’s just break-on-break trading for...

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OANDA:XAUUSD Good day! With the U.S. election tomorrow, gold’s likely to be pretty volatile. Right now, selling pressure seems strong, with limited upside for buyers. If you’re solid on risk management, consider shorting around the Current market price 2741 Or 2743-47 range, keeping a stop loss above 2752 Targeting 2720. Be cautious though – uncertainty can cause...

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OANDA:XAUUSD Gold just broke 2745 and is sitting around 2750 now. With JOLTS data dropping today—which I predict will be positive—we might see a pullback then rise in gold. You can consider buying, aiming for 2760-70, with a stop loss below 2735. If it dips to 2740, that’s another good spot to buy. Buy :- Current price 2750 or 2740 if gold pullback aiming...

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Given the current trend structure, bulls Broke downward pressure of the triangle consolidation to complete the test of the supply zone at point D 2430 .Whether a significant pullback will follow remains to be seen, as the current time cycle still appears congested, which may hinder further upward movement. On the downside, a break below $2,380 would introduce...

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The increased sell volume and fading bullish momentum, combined with the weekly close as a shooting star, suggest a potential trend reversal. It is advisable to wait for the next week's close for confirmation. The 2370 level will serve as strong support, but Gold must first break below 2395. Exercise caution, as this market is highly volatile and driven by mixed emotions.

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Buying volume from 11july have been significantly reduced at today’s date .

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Keep it simple! People thinking too much about next month gold .Here’s the shorter view. >> Daily timeframe higher lows in a Descending channel >>Weekly MACD overbought >> Monthly formed a doji after a three months rally !!! Price can’t go higher leaving a long wicks upside. >>2335-2340 Holing up strongly. >>Cot data not showing any signs for the direction...

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Gold's decline on Thursday aligns with expectations, as all key factors driving gold prices remain supportive. I foresee that a range-bound trading strategy is reasonable under current conditions. However, the overbought conditions in the monthly chart, coupled with long upper shadows in the monthly candlesticks for April and May, indicate that further upward...