XAUUSD – Is gold getting ready to bounce?Right now, gold is reacting around the 3,280 support zone after breaking down from its previous ascending channel. While the broader trend is still under bearish pressure, the recently released JOLTS data came in lower than expected, signaling that the U.S. labor market may be cooling — a mildly positive sign for gold.
From a technical view, price is showing signs of forming a short-term bottom near 3,229 and is starting to rebound. If gold can hold above this support and break through 3,339, a recovery toward the 3,360–3,400 zone could unfold.
That said, this bounce is likely just a technical correction. Without more bearish news for the dollar, gold still risks being rejected around the FVG area and heading lower again.
Trading idea: Consider short-term Buy opportunities if price stays above 3,280 and forms a clear reversal pattern. Stop-loss below 3,229. Short-term targets: 3,339–3,360.
What about you? Leaning towards buying the dip or staying with the downtrend?
XAUUSDK trade ideas
GOLD Epic Trendline Breakout! Sell!
Hello,Traders!
GOLD was trading along
A long-term trend-line but
It is broken now and the
Breakout is confirmed so
We are bearish biased now
And we will be expecting a
Further bearish move down
Sell!
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Gold Price Rally: Why Hedge Funds Are Making Their Biggest Bet Glimmer of Gold: Why Hedge Funds Are Making Their Biggest Bullish Bet in Months
In the complex and often turbulent theater of global finance, the movements of so-called "smart money" are watched with an eagle's eye. When these sophisticated players, particularly hedge funds, move in concert, it often signals a fundamental shift in market sentiment. Recently, a powerful signal has emerged from the depths of the commodities market: hedge funds have dramatically increased their bullish bets on gold, pushing their net long positions to a 16-week high. This aggressive positioning is not a random fluctuation; it is a calculated response to a potent cocktail of persistent geopolitical instability, simmering trade tensions, and a growing conviction that the global economic landscape is tilting in favor of the ultimate safe-haven asset.
The surge in bullish sentiment represents a significant vote of confidence in the yellow metal. It suggests that some of the world's most well-resourced and analytically driven investors are looking past the daily noise of equity markets and are instead positioning themselves for a future where security, stability, and tangible value take precedence. They are not merely dipping their toes in the water; they are making a decisive, leveraged bet that the forces buffeting the global economy will continue to drive capital towards gold's enduring allure. This move has sent ripples across the financial world, prompting investors of all stripes to ask a critical question: What does the smart money see that we should be paying attention to?
Decoding the Data: A Sharp Turn Towards Bullishness
To understand the magnitude of this shift, one must look to the weekly Commitments of Traders (COT) report published by the U.S. Commodity Futures Trading Commission (CFTC). This report provides a detailed breakdown of positions in the futures markets, separating traders into different categories, including "Managed Money." This category, which primarily consists of hedge funds and commodity trading advisors, is a key barometer for speculative sentiment.
The latest data reveals a sharp and decisive increase in bullish conviction. Hedge funds significantly ramped up their gross long positions—outright bets that the price of gold will rise. Simultaneously, they have been closing out their short positions—bets that the price will fall. The combination of these two actions has a powerful magnifying effect on the "net long" position, which is the difference between the number of long and short contracts.
Reaching a 16-week high is particularly noteworthy. It indicates a reversal of previous caution or bearishness and the establishment of a new, more aggressive bullish trend. For months, hedge funds may have been hesitant, weighing the prospects of higher-for-longer interest rates against emerging geopolitical risks. The current data shows that the scales have tipped decisively. This isn't a gradual accumulation; it's a forceful pivot, suggesting a high degree of conviction in the upside potential for gold. This influx of speculative capital acts as a powerful tailwind for the gold price, creating upward pressure as more funds chase the emerging momentum.
The Three Pillars of the Golden Thesis
The coordinated move by hedge funds is not based on a single factor but on a confluence of three powerful, interlocking macro-economic and geopolitical narratives. Each pillar reinforces the others, creating a compelling case for holding gold.
1. The Unsettled World: Geopolitical Risk as a Prime Catalyst
Gold has, for millennia, served as the ultimate barometer of fear. In times of peace and prosperity, its appeal can wane in favor of assets that offer growth and yield. But in an environment of escalating geopolitical tension, its value proposition becomes unparalleled. The current global landscape is rife with such tensions.
Persistent conflicts in key regions continue to create uncertainty, threatening to disrupt energy supplies, shipping lanes, and international relations. The risk of these conflicts widening or drawing in other powers keeps a floor under the demand for haven assets. Beyond active conflicts, the world is witnessing a broader realignment of global power. The rise of multi-polarity and the challenging of the post-Cold War order create a backdrop of systemic instability.
Furthermore, political uncertainty within major economies adds another layer of risk. Election cycles in dominant nations can lead to unpredictable policy shifts on everything from trade and taxation to international alliances. This policy uncertainty makes investors nervous, prompting them to allocate capital to assets that are insulated from the whims of any single government or political outcome. Gold, being a stateless monetary asset with no counterparty risk, is the natural recipient of these capital flows. Hedge funds are betting that these geopolitical undercurrents will not only persist but potentially intensify, making gold an essential portfolio hedge.
2. The Friction of Trade: A Drag on Global Growth
The era of seamless globalization has given way to a period of strategic competition and trade friction. The ongoing trade disputes between the world's largest economic blocs, most notably the United States and China, have moved beyond mere rhetoric and are now an entrenched feature of the global economy. Tariffs, export controls, and national security-driven industrial policies are disrupting long-established supply chains and creating a more fragmented and less efficient global marketplace.
This environment is a significant headwind for global economic growth. The uncertainty surrounding trade policy makes it difficult for businesses to make long-term investment decisions, dampening corporate spending and hiring. Slower global trade directly translates to slower economic growth, which in turn puts pressure on corporate earnings and equity valuations.
In this context, gold shines. As an asset that does not rely on economic growth to generate returns, it acts as a valuable diversifier in a portfolio dominated by stocks and bonds. When growth falters, gold's role as a store of value becomes more pronounced. Hedge funds are positioning for a scenario where persistent trade tensions continue to weigh on the global economy, making riskier assets less attractive and defensive assets like gold more appealing.
3. The Central Bank Pivot: Anticipating Looser Money
Perhaps the most powerful financial driver for gold is the outlook for monetary policy, particularly from the U.S. Federal Reserve. The price of gold has an inverse relationship with real interest rates (interest rates minus inflation). When real rates are high, the opportunity cost of holding a non-yielding asset like gold is also high, as investors can earn a handsome, risk-free return in government bonds. Conversely, when real rates are low or falling, the opportunity cost of holding gold diminishes, making it a more attractive investment.
For the past couple of years, central banks have been in a fierce battle against inflation, raising interest rates at an aggressive pace. However, the market is now increasingly looking ahead to the next phase of the cycle: rate cuts. While the timing is still a matter of debate, the consensus is that the next major policy move from the Fed and other major central banks will be to lower rates to support a slowing economy.
Hedge funds are front-running this anticipated pivot. They are accumulating gold now in expectation that falling interest rates in the future will provide a significant tailwind for its price. Even before the cuts materialize, the mere expectation of looser monetary policy is enough to fuel a rally. Furthermore, there is a persistent fear that central banks might make a policy error—either by keeping rates too high for too long and triggering a deep recession, or by cutting rates too soon and allowing inflation to become re-anchored. Either scenario is bullish for gold, which performs well during both economic downturns and periods of high inflation.
This speculative demand from hedge funds is layered on top of a powerful, long-term structural trend: voracious buying from the world's central banks. For several years, central banks, particularly those in emerging markets like China, India, and Turkey, have been steadily diversifying their foreign reserves away from the U.S. dollar and into physical gold. This "de-dollarization" trend is a strategic move to reduce dependence on the U.S. financial system and to hold a neutral reserve asset in an increasingly fractured world. This consistent, price-insensitive buying from official institutions creates a strong and stable floor of demand for gold, providing hedge funds with the confidence to build their own large, speculative positions on top of it.
Conclusion: A Resounding Vote for a Golden Future
The sharp increase in bullish gold bets by hedge funds is more than just a statistic; it is a story about risk, fear, and the search for security in an uncertain world. It reflects a growing consensus among sophisticated investors that the confluence of geopolitical turmoil, economic friction, and an impending shift in monetary policy has created a uniquely favorable environment for the precious metal.
These funds are acting as canaries in the coal mine, signaling a potential increase in market volatility and a flight to safety. Their aggressive positioning, backed by billions of dollars in capital, can become a self-fulfilling prophecy, driving prices higher and drawing in more waves of investors. As the world continues to grapple with deep-seated structural changes, the decision by the "smart money" to make its largest bullish wager on gold in months is a clear and resounding signal: in the quest for a safe harbor, all that glitters is, once again, gold.
XAUUSD: Market Analysis and Strategy for July 28Gold technical analysis:
Daily chart resistance level 3375, support 3310
4-hour chart resistance level 3350, support 3320
1-hour chart resistance level 3345, support 3325.
Gold, after hitting the 3438 area last week, saw a sharp adjustment, falling to around 3323, a drop of about $120, and there is no sign of stopping the decline in the short term. The next step may be to test the previous starting point of 3310. If it holds here, it is expected to bottom out and rise. If it falls below this position, the market will increase its selling behavior, and the short-selling target will be near the daily Bollinger lower rail 3285.
For the intraday market, the important position below is around 3310. Today's Asian market opened at around 3323, and then quickly rose. As of now, the highest reached 3345, and it still did not break through the high point of the US rebound on Friday near 3347. In the day, you can rely on today's low point near 3323 to be bullish, pay attention to the resistance of 3347/51. If the gold price is difficult to break through, you can consider selling. If the rebound breaks through the 3347~3351 area, the short-term will turn bullish.
BUY: 3325near
BUY: 3310near
SELL: 3345near
XAUUSD (Gold/USD) – 1H Chart Analysis (July 28, 2025)🔍 Technical Summary:
Market Structure Shift (MSS) detected after liquidity (LQ) grab.
Price formed a bullish break of structure confirming a possible trend reversal.
Entry taken near support (after LQ), targeting a supply zone above.
📊 Key Chart Elements:
LQ (Liquidity Grab):
Price swept previous lows, triggering stop-losses before reversing.
MSS (Market Structure Shift):
Break of internal structure confirms potential upside movement.
Blue Zone (Target Area):
A clear supply zone, likely to act as resistance.
TP (Take Profit) placed just below this zone.
SL (Stop Loss):
Positioned below the recent low (LQ) – tight risk management.
📈 Outlook:
Expecting bullish continuation towards 3,380+ zone.
If price respects support and structure holds, long entries remain valid.
Watch for reaction at the supply zone – potential rejection or consolidation.
⚠️ Disclaimer:
This is not financial advice. Always do your own research before trading.
Report - 25 jully, 2025U.S.–EU Tariff Negotiations Stabilizing Markets
Reports confirm the U.S. and EU are nearing a deal for 15% reciprocal tariffs—lower than the initially threatened 30% by President Trump. This easing of tensions led to moderate equity gains in both blocs, with the Stoxx 600 reaching a 6-week high before closing +0.2%. Pharmaceutical and auto stocks outperformed (Volkswagen +2.3%, Bayer +2.3%).
Forecast: If the 15% deal is finalized by the August 1 deadline, it would remove a key overhang on equities and boost cyclical sectors reliant on transatlantic trade. A failure, however, risks escalation, triggering retaliatory tariffs by the EU on $93bn of U.S. goods, dragging risk assets sharply lower.
DXY Outlook: Tariff de-escalation boosts safe-haven flows and investor optimism, supporting USD strength.
S&P 500: Short-term relief rally expected if the 15% tariff framework is signed. However, margin compression risks remain from lingering supply chain disruptions.
Tesla vs Trump: Policy Shock Rattles EV Sector
Elon Musk warned that Trump's anti-EV stance and trade war posture will sharply erode Tesla’s regulatory credit revenue and remove the $7,500 EV tax credit. Tesla's stock has cratered 37% since December, with a sharp 8% drop yesterday. Adjusted Q2 net income was down 22%, revenue -12%.
Risk Forecast: Loss of EV subsidies + political fallout between Musk and Trump could drag Tesla further and dampen broader EV sector growth.
XAUUSD: Rising political uncertainty and risks to the U.S. tech sector may drive safe-haven flows into gold.
Dow Jones: Tesla's underperformance and anti-EV policies could limit industrial sector gains.
ECB Holds Rates Amid Trade Risk Fog
The European Central Bank paused its easing cycle, holding the benchmark rate at 2%. Lagarde emphasized a "wait-and-watch" stance, signaling uncertainty due to unresolved trade talks and tariff volatility.
Market Implication: Eurozone government bond yields rose (10Y Bund at 2.70%), paring rate-cut bets. The euro softened to $1.1760.
EURUSD: Lack of further ECB accommodation and weaker consumer confidence amid trade frictions.
Fed Independence in Jeopardy? Market Confidence Wobbles
Pimco warned that White House pressure on Fed Chair Powell—including potential firing and scrutiny over $2.5bn HQ renovations—could destabilize markets. Trump continues pushing for aggressive 1% rates, diverging from current 4.25–4.5% levels.
Fiscal/Political Implication: Undermining Fed autonomy risks flight from U.S. bonds, undermining monetary policy credibility and capital inflows.
USDJPY: Yen may gain if markets lose faith in U.S. institutional integrity, despite rate differentials.
DXY: Temporary support from yields, but structural downside if Fed credibility erodes.
Deutsche Bank and BNP: Diverging Strengths in Volatile Landscape
Deutsche Bank posted its strongest Q2 in 18 years, driven by litigation charge reversals and stable investment banking performance. BNP Paribas also reported solid FICC trading (+27%), though equity trading lagged due to weak derivatives demand.
Equity Implication: Strong capital returns and stable European banking profitability support DAX resilience amid trade noise.
DAX: Boosted by banking and auto outperformance.
China–EU Trade Strains Escalate
Von der Leyen directly confronted Xi Jinping over trade imbalances and support for Russia. EU exports to China are down 6% YoY while Chinese imports to the EU are up 7%. Xi defended Beijing’s stance, warning against "decoupling" rhetoric.
Geostrategic Implication: EU may escalate anti-dumping and export control measures. Markets may see renewed volatility in European industrials and luxury sectors reliant on China.
XAUUSD: Rebalancing of power and heightened East–West tensions favor gold.
Oil Oversupply Warning from TotalEnergies
Total warned of an oil glut due to OPEC+ production increases and weakening global demand. Q2 profits fell 30% YoY. Brent now likely to stay within $60–70 range barring major geopolitical flare-ups.
Crude Oil: Short- to medium-term downside risk with soft demand and oversupply fears.
Energy Stocks: Dividend maintenance remains but debt levels and margin pressures may weigh.
AI Spending Surges – Alphabet and SK Hynix
Alphabet posted a 19% Q2 profit jump as AI integration boosts search volumes. Google’s cloud revenues rose 32%. Capex raised to $85bn. SK Hynix also posted record revenues from high-bandwidth memory chip sales, extending its lead over Samsung.
S&P 500: AI-driven earnings upside bolsters tech sector. Expect multiple expansion in mega-cap AI-exposed names.
XAUUSD : Robust AI investment supports risk appetite but inflationary fears could lift gold marginally.
Long and short battles to seize the opportunity to enter the mar
Yesterday, the technical aspect of gold formed a high and pierced the 3430 mark, then fell under pressure and fluctuated downward. The US market repeatedly fluctuated and suppressed the operation at the 3420 mark and further fell downward. The gold price accelerated downward to break through the 3400 mark and continued to fall back to around 3380 and then rebounded and closed in a volatile market. The daily K-line closed with a suppressed and adjusted mid-yin. After three consecutive trading days of rebound and upward breaking, the overall gold price finally ushered in a suppressed and adjusted closing in the negative. The daily level fell below the 5-day moving average support, but it was still above the 10-day moving average and the 20-day moving average to form a bullish strong oscillation pattern. The bullish upward pattern has not been destroyed. If your current trading is not ideal, I hope Yulia can make your investment smoother. Welcome to communicate!
From the analysis of the 4-hour line, today's support is at 3376-80. If the daily line stabilizes above this position, it is expected to rebound further. The upper short-term resistance is at 3397-3400. If this position is touched for the first time during the day, short selling can be seen once the shock falls. The overall bullish strong dividing line is at 3370. If the daily line stabilizes above this position, the rhythm of falling back to low and long remains unchanged. Short selling can only enter the market at key points, and fast in and out without fighting.
Gold operation strategy:
Gold falls back to 3370-75 line to buy, stop loss 3360, target 3397-3400 line, break and continue to hold;
The callback continuity is poor, and the bulls are still strong📰 News information:
1. Geopolitical situation
2. Tariff retaliation
📈 Technical Analysis:
Trump continued to lash out at the Fed, but seemed to have backed off on whether to remove Fed Chairman Powell. The continuous rise of the gold index, once close to 3440, also ushered in a new high in more than a month. Next, we need to pay attention to whether gold can reach the 3450 mark.
Judging from the daily chart, there were three times when it touched around 3450 and then fell back. If it breaks through and stabilizes above 3450 this time, the historical high of 3500 may be refreshed. If it cannot effectively break through 3450, the probability of subsequent retracement is still very high.
From the hourly chart, the bottom support is almost at 3405-3400. However, the recent rhythm belongs to the consolidation of the Asian and European sessions, the US session has begun to rise, and the risk of serious overbought data indicators is still there. This is why I told everyone in the morning that we need to be vigilant about the current rise. Waiting for a pullback to go long is relatively more stable. I also explained in the morning that if it falls below 3405-3400, the decline may continue to around 3385. After all, the fundamental purpose of our trading is to make a profit, so we must minimize the foreseeable risks to the greatest extent possible.
On the whole, if there is an obvious stop-loss signal at 3405-3400, you can consider going long and looking at 3450. Once it falls below 3400, don't chase it easily, and pay attention to the possibility of a retracement below 3385.
🎯 Trading Points:
BUY 3405-3400
TP 3440-3450
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
FXOPEN:XAUUSD OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD TVC:GOLD
Gold 4H - channel breakout, looking for 3518 nextGold has formed a clean ascending channel on the 4H chart, broke out above resistance, and is now pulling back into the 3385–3390 zone. This area aligns with volume clusters - a perfect entry zone for bulls waiting on the sidelines.
If price holds this zone and prints a reversal candle with volume, the upside target remains at 3518 - the 1.618 Fibonacci extension and historical resistance. Volume increased during the breakout move, confirming interest. RSI still has room to go higher, supporting the bullish continuation.
Fundamentally, gold remains a safe-haven asset amid geopolitical tension, USD weakness, and potential Fed easing. Central bank accumulation further supports the bullish case.
Tactical setup:
— Entry zone: 3385–3390
— Trigger: candle confirmation + volume
— Target: 3518
— Invalidation: break below 3360 without buyer volume
If the plan plays out — gold might shine bright while bears squint in disbelief.
Gold is in the Bearish Direction after Breaking SupportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
XAUUSD Eyeing Liquidity Grab – M30 OB Zone in PlayPrice is respecting the ascending trendline and consolidating near a key resistance level. A bullish breakout is expected, with a potential retest of the trendline and the M30 Order Block (OB) zone acting as a key demand area.
📈 Trade Plan:
Wait for a minor pullback into the OB and trendline confluence
Look for bullish confirmation to go long
Target the liquidity zone above (around 3347)
📌 A clean structure and bullish order flow hint at a continuation to the upside.
Gold (XAU/USD) Daily Trading Plan - 28th July 2025🔺 Technical Analysis
Gold opened the Asian session this week with a slight retracement, testing the 0.382 Fibonacci Retracement level before bouncing back strongly to last week's closing price around 3339. This move further solidifies the price action from a technical perspective.
Notably, gold has broken through a minor resistance on the M15 timeframe, invalidating the bearish structure and forming a full-bodied H1 candle. This sets the stage for a potential corrective uptrend to unfold.
On the Daily timeframe, the initial session's decline retested the bullish trendline and bounced back within the boundaries of the flag pattern. It's likely that this week, the price will continue towards the end of this pattern, providing a clearer confirmation of the medium-term trend.
🔺 Key Macroeconomic News
This week promises to be volatile with several crucial economic announcements, particularly as it marks both the end of the month and the start of a new one. Two key events that traders should pay close attention to are:
FOMC Interest Rate Decision: Always a focal point for the market, with significant impact on safe-haven assets like gold.
Non-Farm Payroll (NFP) Report: Vital US labour market data, capable of triggering substantial movements in both the USD and gold.
Therefore, be prepared for potential market shocks and exercise careful risk management.
📈 Trading Strategy & Considerations
Given the technical setup and upcoming macroeconomic events, consider the following:
Potential Corrective Uptrend: The invalidated bearish structure on M15 and the strong H1 candle suggest a short-term bullish bias for a corrective move.
Daily Flag Pattern: Monitor price action as it approaches the end of the flag pattern on the Daily timeframe for medium-term trend confirmation.
High Volatility Ahead: Exercise extreme caution around the FOMC and NFP announcements. These events can lead to significant and rapid price swings.
Risk Management: Prioritise strict risk management. Consider reducing position sizes or employing wider stop-losses during high-impact news events.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with capital you can afford to lose.
GOLD imminent possible buys up to 3,370 This week’s price action on GOLD is shaping up to be very interesting. After weeks of sustained bearish pressure, price has now entered a discounted 2hr demand zone sitting at a swing low, which makes it a high-probability area for a bullish reaction, especially as markets open.
If we do get the expected bullish reaction from this level, I’ll be watching the 3,370 region, where there’s a clean 5hr supply zone. If price reaches that level, I’ll be looking out for distribution and a potential short setup from there.
Confluences for GOLD Longs:
Price has been very bearish recently, so a retracement is expected
Currently sitting in a discounted 2hr demand zone
The overall long-term trend is still bullish
Early signs of accumulation and bullish reaction from this zone
P.S. If price fails to hold this current demand zone and breaks lower, then bearish momentum may continue. In that case, I’ll look for new long opportunities around 3,290 where a deeper demand zone exists.
Gold at Key Support – Will Bulls Step In or Drop Continue?🌐 Market Overview
Gold has struggled to recover after yesterday's sharp drop, driven by macro-political concerns and profit-taking at recent highs.
🔻 On July 24, former President Trump made an unexpected visit to the US Federal Reserve, sparking speculation that he's pressuring the Fed to cut interest rates soon.
While the Fed has yet to make any dovish moves, short-term bond yields dipped slightly, showing growing market expectations for policy easing.
The US dollar remains strong, reflecting some skepticism around the Fed’s possible shift despite recent economic strength.
📉 Technical Outlook
On the H2 chart, gold still maintains an overall bullish structure. However, it's approaching a critical support level near 3338, which aligns with the VPOC and the ascending trendline.
📌 If this zone breaks, price may rapidly fall toward deeper liquidity zones in the 332x – 329x range.
🎯 Trade Setups
🔽 BUY SCALP (Quick Reaction Play)
Entry: 3338 – 3336
Stop Loss: 3332
Take Profit: 3342 – 3346 – 3350 – 3354 – 3360 – 3365 – 3370 – 3380
🟢 BUY ZONE (Deep Buy Area – Long-Term Potential)
Entry: 3312 – 3310
Stop Loss: 3305
Take Profit: 3316 – 3320 – 3325 – 3330 – 3340 – 3350 – 3360 – 3370 – 3380
🔻 SELL ZONE (if market retests)
Entry: 3374 – 3376
Stop Loss: 3380
Take Profit: 3370 – 3366 – 3360 – 3355 – 3350 – 3340 – 3330
🔍 Key Levels to Watch
Support: 3350 – 3338 – 3325 – 3310 – 3294
Resistance: 3374 – 3390 – 3400 – 3421
⚠️ Risk Note
As we head into the weekend, liquidity sweeps are common – especially on Fridays. Be cautious of sharp moves.
Focus mainly on scalp setups today. Avoid early long entries unless strong confirmation appears at lower liquidity zones.
Always follow your TP/SL strategy to protect your capital.
Gold is weak. Beware of lows.On Thursday, the dollar index ended a four-day losing streak thanks to the progress of the fund between the United States and its trading partners.
As signs of easing global trade tensions curbed demand for safe-haven assets, gold fell for the second consecutive trading day, and yesterday it hit the 3350 bottom support level.
From the 4-hour chart
although it rebounded to the 3370-3380 range after hitting 3350. But it can be found that the current rebound is actually weak, and it is still maintained at 3360-70 for rectification. At present, the bottom of the 4-hour bottom is absolutely supported at 3340-3335. The rebound high is around 3375. As of now, gold has not rebounded above 3375, and gold is actually in a weak position.
Secondly, from the hourly chart, the weakness is even more obvious. The high point on Thursday was around 3395. Today's current high point is around 3375. It can be seen that if the bottom falls below the 618 position 3350 again, it will directly touch around 3335. It coincides with the target position of 3340-3335 in the previous 4-hour chart.
Therefore, it is not possible to buy the bottom and go long today. Be alert to the possibility of further touching 3340-3335.
GOLD: clean pullback - now let’s see if support holdsGold continues to trade within an ascending channel on the 4H chart. After a local high, the price pulled back and is now approaching the key zone at 3333–3335. This area lines up with the 0.79 Fib retracement, the lower channel boundary, and a major volume cluster — a classic confluence zone.
If buyers show up here and we get a bullish reversal candle, this becomes a valid long setup with a tight stop just below the level. First target is 3373 (0.5 Fib), followed by a potential retest of the high near 3439.
The structure remains intact, the pullback is orderly, and volume supports the move. As long as the channel holds - the bias stays bullish.
Gold------sell near 3392, target 3370-3350Gold market analysis:
Yesterday, gold in the European and American markets plunged directly. It is cold at high places. Gold has already experienced four big plunges above 3435. From the perspective of form, there is a super pressure there. We also reminded in the analysis yesterday that the rhythm of gold daily lines in the past two days has changed very quickly, and it is all shocks and then quickly pulls up and ends directly. It is basically difficult to follow its rhythm without direct pursuit. The big negative line of the daily line has destroyed the strong support near 3402-3404. This position has been converted into a new strong pressure. Today's idea is to adjust the bearish trend and continue to sell on the rebound. The adjustment of the daily line is not sure whether it is an adjustment of the wave structure, but it can be determined to sell in the short term. We are just a trend follower. Today, gold will not rebound above 3402 and is basically weak.
Gold plunged directly in the Asian session, and the selling force is still relatively strong. At present, the new low strong support of the daily line has not appeared. The next moving average support of the daily line is around 3366. I estimate that there will be a rebound at this position. If the hourly Asian session does not fall and rebounds first, consider continuing to sell it at 3395 and 3402. Gold likes to convert quickly recently. If it stands on 3404, it will be reconsidered.
Support 3374, 3366 and 3350, suppress 3395 and 3402, and the weak watershed before the market is 3395.
Fundamental analysis:
Tariffs have not affected the market recently, and there is no major news released. The market is relatively calm.
Operation suggestion:
Gold------sell near 3392, target 3370-3350
XAUUSD – the final bounce before the fall?Gold has lost its shine — at least for now.
After a relentless climb within the rising channel, price has just “kissed the ceiling” near the strong resistance at 3,447, forming a series of doji candles with long upper wicks — a classic sign of exhaustion. Meanwhile, FVG zones are being filled repeatedly, suggesting that buyers are losing dominance.
But could this final push be a trap?
The familiar script: price dips slightly toward the channel bottom — shaking out weak positions — then breaks straight down to 3,351. This zone once sparked strong rallies, but this time, everything seems to be working against gold.
Call me bluff 🧾 TradingView Journal Entry – XAUUSD
Date: July 23, 2025
Pair: XAUUSD
Timeframe: 1H (Entry), HTF Alignment: 4H / 1W
Position: Sell
Execution Style: SMC (Smart Money Concept)
⸻
🧠 Trade Reasoning
• HTF Context (4H/1W):
Price recently broke out of a falling wedge on the weekly and created a strong impulsive leg on the 4H. However, price had reached a key supply zone near 3,434, showing signs of exhaustion. No continuation above key structure → likely retracement phase incoming.
• LTF Setup (1H):
• ✅ Equal Highs Liquidity (”$$”) above 3,434 swept
• ✅ Bearish engulfing candle immediately after sweep
• ✅ Two internal BOS (Breaks of Structure) showed clear bearish intent
• ✅ Price returned to mitigate inside a small OB/FVG zone
• ✅ Entry confirmed on rejection wick + strong bearish follow-through
⸻
💼 Trade Management
• Entry: 3,433.5
• Stop Loss: 3,436.5 (above liquidity wick)
• Take Profit Targets:
• TP1: 3,420 (mitigation zone fill) ✅
• TP2: 3,409.172 (clean imbalance + EQ) ⏳
• TP3: 3,388.985 (4H POI / demand) 🔜
• Risk: ~3 points
• Reward: ~15–45 points (1:5–1:15 depending on TP)
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📈 Reflection
This was a high-confidence SMC setup:
• Liquidity sweep ✅
• Structure shift ✅
• Entry confirmation ✅
Only improvement: I could have refined entry on 15m or 5m for even better RR. ATR was dropping, signaling a compression → made sense for a clean move post-sweep.
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📌 Tag Notes
• #SMC #LiquiditySweep #BreakOfStructure #1HEntry #HTFRejection #Gold #XAUUSD #RiskReward