XAUUSD – Downtrend Continues as USD StrengthensGold remains under significant pressure as the U.S. dollar continues to gain strength following a series of positive economic data from the U.S. Specifically, GDP grew by 2.5%, beating expectations, while ADP Non-Farm Employment data also came in strong. This suggests the U.S. economy remains resilient, supporting the Fed's hawkish stance and keeping the dollar strong.
On the 4H chart, XAUUSD has broken below the previous ascending price channel and is now trading under the 3,340.400 resistance zone – an area packed with unfilled FVGs. The current price structure leans bearish, with any rebounds likely to be temporary pullbacks.
If USD strength continues, gold could drop further toward the support zone at 3,279.200 or even lower near 3,240.
Trading Strategy: Focus on SELL
Entry: Around 3,325 – 3,340.400 upon price rejection signals.
Target: 3,279.200 or lower.
Stop-loss: Above 3,342.459
GOLD trade ideas
Gold Price Rebound Towards 3325 Target After Support TestGold (30-min chart) shows a recovery from the support zone (3288–3298) with potential bullish movement. Key resistance levels are 3305 and 3316, with a target zone around 3325.510. Price is expected to follow a corrective structure before possibly reaching the target.
GOLD: Multi-Timeframe Analysis Ahead of FOMCGOLD: Multi-Timeframe Analysis Ahead of FOMC
Gold prices may experience a short-term surge leading up to the FOMC announcement.
But what comes next?
Let’s break down the analysis, step by step.
For deeper insights, watch the full breakdown in the video.
Thank you!
Accurate Price Model for Trading Smart Money Concepts SMC (=
If you trade Smart Money Concepts SMC, there is one single pattern that you should learn to identify.
In this article, you will learn an accurate price model that you can use to predict a strong bullish or bearish movement way before it happens.
Read carefully and discover how to track the silent actions of smart money on any market.
The only thing that you need to learn to easily find this pattern is basic Structure Mapping . After you map significant highs and lows, you will quickly recognize it.
This SMC pattern has 2 models: bullish and bearish ones.
Let's start with a bearish setup first.
Examine a structure of this pattern
it should be based on 2 important elements.
The price should set a sequence of equal lows.
These equal lows will compose a demand zone.
The area where a buying interest will concentrate.
The minimum number of equal lows and lowers highs should be 2 to make a model valid.
Exhausting of bullish moves will signify a loss of confidence in a demand zone . Less and less market participants will open buy positions from that.
At some moment, a demand zone will stop holding. Its bearish breakout will provide a strong bearish signal , and a bearish continuation will most likely follow.
This price model will signify a market manipulation by Smart Money.
They will not intentionally let the price fall, not letting it break a demand zone. A buying interest that will arise consequently will be used as a source of liquidity.
Smart money will grab liquidity of the buyers, silently accumulating huge volumes of selling orders.
Once they get enough of that, a bearish rally will start, with a demand zone breakout as a trigger.
Though, the chart model that I shared above has a strong bullish impulse, preceding its formation, remember that it is not mandatory.
The price may also form a bearish impulse first and for a pattern then.
Each bullish movement that initiates after a formation of an equal low should be weaker than a previous one.
So that the price should set a lower high every time after a formation of an equal low.
Look at a price action on USDCHF forex pair. Way before the price dropped, you could easily identify a market manipulation of Smart Money and selling orders accumulation.
A breakout of a horizontal demand zone was a final bearish confirmation signal.
Let's study its bullish model.
It has a similar structure.
The price should set a sequence of equal highs, respecting a horizontal supply zone.
Each bearish move that follows after its test should have a shorter length, forming a higher low with its completion.
This model will be also valid if it forms after a completion of a bearish impulse.
Weakening bearish movements will signify a loss of confidence in a supply zone, with fewer and fewer market participants selling that.
Its bullish breakout will be an important even that will confirm a highly probable strong bullish continuation.
Smart Money will use this price model to manipulate the market and accumulate buying orders, not letting the price go through a supply zone. They will grab a liquidity of the sellers each time a bearish move follows from a supply zone.
When they finally get enough of a liquidity, a bullish rally will initiate and a supply zone will be broken , providing a strong confirmation signal.
That price model was spotted on GBPJPY forex pair.
Smart Money were manipulating the market, not letting it continue rallying by creating a significant horizontal supply zone.
Selling orders that were executed after its tests provided a liquidity for them.
A bullish breakout of the underlined zone provides a strong bullish confirmation signal.
A breakout and a future rise could be easily predicted once this price model appeared.
Why they do it?
But why do Smart Money manipulate the markets that way?
The answer is simple: in comparison to retail traders, they trade with huge trading orders . To hide their presence and to not impact market prices much, they split their positions into a set of tiny orders that they execute, grabbing the liquidity.
The price model that we discussed today is the example how they do it.
The important thing to note about this pattern is that it efficiently works on any market and any time frame. You can use that for scalping, day trading, swing trading. And it can help you find great investing opportunities.
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GOLD PRICE: 2 BIG OPTIONS.1. Option 1: Wave 4 of gold price ends, with this scenario, the DXY trend will not be like the chart below, but this week DXY will return to the old bottom and head towards 95-91, gold will increase to complete wave (5).
Price range for the next 3-4 months: 3350-3750.
2. Option 2:
In terms of time, wave (4) has not yet ensured balance. DXY increases and recovers as the chart.
That means we have a gold price range for the next 3-4 months of 3400-3100.
Gold will drop like rain till 3250.Hello IGT FOLLOWER'S
Here is my gold overview, According to me Gold is currently facing resistance around the 3290–3310 zone. This setup anticipates a rejection from this area, with bearish momentum expected to push price downward. A break above 3310 would invalidate the setup, so risk management is key.
Key points:
Entry point: 3290
1st target : 3275
2nd target: 3250
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GOLD Breakout Done , Long Setup Valid To Get 150 Pips !Here is My 15 Mins Gold Chart , and here is my opinion , we finally above 3384.00 and we have a 30 Mins Candle closure above it And Perfect Breakout , so we have a good confirmation now to can buy it and we can targeting 100 to 150 pips .
Reasons To Enter :
1- New Support Created .
2- Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- Clean Breakout .
XAU/USD – Bullish Breakout Toward 3,440 Target🔹 Trend & Structure:
Market formed a Higher High (HH) followed by a Lower Low (LL), indicating bearish correction within a falling channel.
Price then created a Higher Low (HL) suggesting a potential trend reversal.
🔹 Channel Breakout:
Price broke above the descending channel, confirming bullish momentum.
A strong bullish candle closed above the 70 EMA, showing further strength.
🔹 Support Zone:
A support level between 3,314.485 – 3,335.703 is now established, which was previous resistance turned support.
🔹 Target Projection:
Using measured move strategy, the projected bullish target is around 3,439.802, a 3.09% move from the breakout zone.
🔹 Volume & Momentum:
Sharp bullish impulse indicates increased buying interest, supported by possible retest before continuation.
📈 Conclusion:
Bullish breakout confirmed. Ideal strategy:
🔹 Entry: On retest of the support zone (3,335 area)
🔹 Stop-loss: Below 3,314
🔹 Take-profit: Near 3,439
✅ Strategies used:
Trendline & Channel Analysis
Support/Resistance.
EMA (70) confirmation.
Price Action (HH, LL, HL)
Measured Move Target.
continue to maintain gold purchase, 3400⭐️GOLDEN INFORMATION:
Gold prices edged higher on Monday, supported by growing expectations of a Federal Reserve rate cut following last Friday’s disappointing U.S. Nonfarm Payrolls report. XAU/USD is trading around $3,375, up 0.39% on the day.
Speculation over a potential policy shift has strengthened, with markets now pricing in an 87% chance of a rate cut at the Fed’s September 17 meeting — a boost for the non-yielding yellow metal.
Last week’s labor data revealed early signs of weakness in the job market. The U.S. Bureau of Labor Statistics (BLS) revised May and June payrolls down by a combined 258,000 jobs, reinforcing dovish remarks from Fed Governor Christopher Waller, who downplayed tariff-driven inflation and emphasized concerns about the Fed’s full employment mandate.
⭐️Personal comments NOVA:
Uptrend, gold price is maintaining stability. Heading towards 3400, before the expectation of interest rate cut is becoming more and more obvious.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3415- 3417 SL 3422
TP1: $3405
TP2: $3394
TP3: $3380
🔥BUY GOLD zone: $3311-$3313 SL $3306
TP1: $3325
TP2: $3338
TP3: $3350
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Gold next prediction Aug 4 onwardsAs you can see in this chart gold was moving in a downtrend channel and after a big breakout in Non-Farm Gold moves to 3362 so now it will make a new Bullish channel in which first hurdle will be 3374-3380 and then can retrace till 3H and 4H chock point and then can continue to bullish side overall move can be done upto 3452-3460 which is last resistance of the market as my analysis this can be plan A.I will update about Plan B in my next analysis.
XAU/USD GOLD NFP DIRECTIONThis chart analysis is for XAU/USD (Gold vs. U.S. Dollar) on the 4-hour timeframe. The focus is on a bearish market structure, highlighting potential Price of Interest (POI) zones for a short (sell) setup.
Key Elements:
Market Structure: Clear downtrend with lower highs and lower lows.
POIs Identified:
Optional POI: An initial supply zone where price might react.
Extreme POI: A more significant supply zone marked for a stronger potential reversal.
Labels & Notes:
The price levels are marked between 3,320 – 3,340, showing where the reversal is expected.
Interpretation:
The chart anticipates a retracement upward into the POIs before continuing the bearish move. Traders may look to enter short positions around these zones, especially the Extreme POI, which is seen as a high-probability reversal area.
Crystal Ball Forecast for Gold (XAUUSD)🔮 Crystal Ball Forecast for Gold (XAUUSD)
Current Price: 3372
Medium-Term Direction: 🔻 DOWN
✅ My Forecast: GOLD WILL GO DOWN from 3372
🔍 Why? (Technical Reasons Supporting Bearish Outlook)
1. Gann Price Vibration (From recent high ~3385)
3372 = 45° level – key resistance level
Price rejected at 3375–3385 zone multiple times
If 3375 holds as resistance, next vibration levels:
3335 (Gann 45° down)
3284 (Gann 90° down)
3250 (Gann 120° down)
2. Elliott Wave
Looks like Wave 5 (ending diagonal) completed at 3385
Current price at 3372 = classic "after top" trap zone
Next structure likely forming ABC correction or new bearish impulse
Projection:
Wave A → 3335
Wave C → 3280–3250
3. Price Action + Candle Behavior
Strong upper wicks around 3375–3380
Lower highs forming = distribution pattern
MACD & RSI divergence visible on 4H/1D
📉 Medium-Term Bearish Targets
Target Price Reason
3335 Gann 45° down, Wave A low
3284 Gann 90° down, Wave C
3250 Gann 120°, Cycle
3183 Gann 180°, major support
📌 Summary Forecast
✳️ Gold is topping out.
✳️ Bearish move toward 3280–3250 is highly likely.
✳️ Best entry = on rejection from 3375–3380 zone
✳️ Stop = above 3390
✳️ Hold short for 2–3 weeks or until target reached
Gold’s heating up – Riding the wave or waiting for the dip?Hey everyone! So, what’s your take on XAUUSD right now?
Gold’s been on a tear lately – yesterday it kept pushing higher and is now chilling around $3,376.
The move’s mostly driven by hopes that the Fed might ease up soon, especially with recent U.S. data showing signs of slowing down.
From a chart perspective, it’s looking like we might be at the beginning of a fresh bullish wave. There’s a nice bullish confluence happening at the EMA 34 and 89, plus we’ve broken above previous resistance – both giving that upward momentum some real backing.
If price pulls back before another push, I’m keeping my eyes on the Fibo 0.5–0.618 zone. That area also lines up with the EMAs and old resistance, so it could be a sweet spot for a buy setup if things line up right.
Personally, I’m leaning bullish today.
Gold Is Conquering New Highs!Hello everyone, what do you think about XAUUSD?
Gold has had an impressive week of growth, currently approaching its historical peak at 3,380 USD/ounce.
This is a clear sign of the precious metal's sustained strength amidst a volatile market. Weak U.S. employment data, along with expectations that the Federal Reserve (Fed) may cut interest rates in September, have weakened the USD, which in turn has propelled gold to new heights.
From a technical standpoint, gold is trading in an upward channel and continuously recovering from solid support levels, indicating strong buying momentum. Notably, we’ve seen a bearish crossover at the EMA 34 and 89 lines, along with a break below the previous uptrend line – both of which strengthen the current upward move.
If there is any pullback before the next leg up, Support 1 (which aligns with the lower boundary of the upward channel and the EMA lines) will be an important area to watch. This could be the ideal zone for potential trade setups.
Looking ahead, the next resistance target is around 3,440 USD. If this level is broken, nothing will hold gold back from pushing even higher, possibly heading toward the psychological 3,500 USD level.
What do you think? Will XAUUSD continue its breakout this week? Drop your thoughts in the comments below!
GOLD: $4000 on the way! Bulls has the controlGold is on the way hitting a record high since the global tension rising we can see gold creating another record high. Please note that it is a swing trades and may take weeks and months to hit the target or it may not even reach the target itself. This is prediction only so do your own due diligence.
Will gold break out of its range-bound trading on August 7th?
📌 Core Logic: High-level fluctuations, be wary of a pullback risk
News support for gold prices
Expectations of a Fed rate cut: Weak US economic data (employment, services) reinforce expectations of a rate cut, putting pressure on the US dollar (around 98.7), benefiting gold.
Safe-haven demand: Trump’s policy uncertainty (tariffs, personnel changes) has increased market risk aversion, and gold has been sought after as a safe-haven asset.
Key Technical Signals
Resistance: 3390-3400 (nearly two-week high, bullish risk zone; a breakout targets 3420-3450).
Support: 3370 (short-term bull-bear boundary), 3360-3350 (key support for pullbacks).
Short-term Trend:
4-Hour Chart: Price is under pressure after approaching the acceleration line, indicating a high risk of chasing higher prices.
30-minute chart: Double top resistance at 3390. If it fails to break through, it may retest 3370. A break below 3370 signals weakness, with a target of 3350.
🎯 Today's Trading Strategy
1. Short Opportunity (Priority)
Entry Point: 3385-3395 (Test short position with a small position)
Stop Loss: 3402 (Short position expires if it breaks through 3400)
Target: 3370 → 3360 (If it breaks below 3360, hold to 3350)
2. Long Opportunity (Buy low after a pullback)
Entry Point: Go long if it stabilizes at 3360-3350
Stop Loss: 3345 (Prevent false breakouts)
Target: 3380-3390 (Hold if it breaks through 3400)
⚠️ Key Market Signals
If the Asian and European sessions continue to fluctuate above 3380, the US session may see another push towards 3400, but avoid chasing long positions. Wait for shorting opportunities at higher levels. If it quickly breaks below 3370, then turn short-term bearish and follow through to 3360-3350.
If it stabilizes at 3400 → Set stop loss for short position and switch to long position if it stabilizes on a pullback, with target at 3420-3450.
Gold next move (Read Description). Hello, Traders.
As you see gold has changed its direction after the NFP News. It was in down trend after the NFP News its flying to the my moon.
Gold is just flying and making breakouts of resistance areas. In my view gold wants to fly and it wants to hit buy side liquidity and then we can see the waterfall.
Gold can continue the trend and if price pullbacks it can touch the area 3365 - 3353 and then can fly.
Don’t trade against the trend, analyse the market before opening the trades.
Gold Reverses After Hitting Resistance–Bearish Correction Ahead?GOLD – Market Overview
Gold reached our resistance target perfectly, rallying nearly $50 from 3349 to 3400, as previously projected.
Now, price has reversed from the resistance zone and is stabilizing below 3380, which supports a potential bearish correction toward 3365.
A break below 3365 would likely extend the move down to 3349.
For bullish momentum to resume toward 3402, we need a clean break above 3385.
Pivot Line: 3380
Support: 3365 – 3349
Resistance: 3391 – 3402
previous idea:
GOLD TRADING PLAN – Triangle Squeeze, All Eyes on NFP【XAU/USD】GOLD TRADING PLAN – Triangle Squeeze, All Eyes on NFP
Gold continues to trade within a large symmetrical triangle, tightening toward the end of its range. However, current candle structure shows clear bullish momentum, indicating the potential for a strong upside breakout.
🔍 Today’s Key Focus: Non-Farm Payrolls (NFP)
Market expectations are pointing to weaker-than-expected US economic data, which could trigger strong FOMO-buying for gold if confirmed. A poor NFP report would likely weaken the USD, supporting bullish continuation.
🔑 Strategy and Key Technical Levels:
Watch for a confirmed breakout above the descending trendline to trigger Wave 3 of the bullish structure.
CP ZONE + OBS BUY ZONE triggered yesterday already yielded 160+ pips profit.
Strategy: Prefer buy-the-dip entries. SELL setups only valid on strong resistance rejection. Avoid counter-trend trades near breakout zones.
🟩 BUY ZONE:
Entry: 3276 – 3274
Stop Loss: 3270
Take Profits:
3280, 3284, 3290, 3294, 3300, 3305, 3310, 3320, 3330, 3340, 3350
🟥 SELL ZONE:
Entry: 3339 – 3341
Stop Loss: 3345
Take Profits:
3335, 3330, 3325, 3320, 3315, 3310, 3305
XAUUSD Breakout and Retest – Targeting 3428 Supply ZoneGold (XAUUSD) has broken above key resistance at 3346 and successfully retested it as support, forming a bullish structure with higher lows. This aligns with a classic breakout–retest continuation setup.
The entry is taken after confirmation of support holding, with the following levels in focus:
Entry: Around 3355
Stop Loss: Below retest zone at 3339
Targets:
TP1: 3377 (minor resistance)
TP2: 3396
Final TP: 3428–3430 supply zone
Market structure is bullish on the 1H timeframe, and momentum supports upside continuation. Trade aligned with trend and key demand zone reaction.
📌 Always manage risk. Not financial advice.