Gold Spot / U.S. Dollar
Updated

August 5, 2025 - XAUUSD GOLD Analysis and Potential Opportunity

125
Summary:
Price action has been choppy and indecisive, with no clean signals or clear levels. In the absence of a solid short setup, the main idea for the Asian session is to buy on dips. Watch the 3385 resistance zone closely — if price breaks and holds above, look for long opportunities on a pullback. If 3385 is rejected, it may offer a good risk-reward short setup.

📍 Key Levels to Watch:
• 3405 – Resistance
• 3400 – Psychological level
• 3385 – Resistance
• 3378 – Resistance
• 3371 – Key intraday support
• 3365 – Support
• 3350 – Psychological level
• 3345 – Support

📈 Intraday Strategy
SELL if price breaks below 3371 → watch 3365, then 3358, 3350, 3345
BUY if price holds above 3378 → target 3385, then 3394, 3400, 3405

👉 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!
Disclaimer: This is my personal view, not financial advice. Always use proper risk control.
Note
Here are two potential opportunities:

1. High Risk: I’ve set a buy limit pending order at 3374.7 with a stop loss at 3373. The first take profit (TP) is at 3378, and the second TP is at 3385.

2. Neutral Risk: Set a buy limit pending order at 3371 with a stop loss at 3369.5. The first TP is at 3374, and the second TP is at 3377.
Trade active
High Risk order filled!
Note
First TP at 3378; planning to take 70% of the position's profit.
Trade closed manually
Bought the dip, sold the pop — all done in 10 minutes. Feel free to move SL to BE; I'm gonna leave the table and get some sleep.
Note
Neutral Risk Trade filled and hit SL :(

Disclaimer

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