GOLD / US DOLLAR KILO Forum & Chats (FX_IDC:XAUUSDK)

2 minutes ago

Avoid early entries. Wait for market to confirm reversal with clean structure Follow risk management strictly never risk more than 1–2% of capital
tradingview.com/x/EQB5wxlq

Osto1998

3 minutes ago

I have got 1,4 lot sell active. Don’t know where to, but I’m confident today is a sell

alialabduwani

13 minutes ago

buyers 👏👏.

Thewiningtrades000

18 minutes ago

who agree for sell guys

Thewiningtrades000

19 minutes ago

our target 3288

China_MsWang

24 minutes ago

Idea: 7/30: Watch for Sell Opportuni…
Good morning, everyone!

After a period of consolidation and decline, gold has found preliminary support near the 3300 level, and early signs of a bottom formation are emerging. The key technical level now lies around the 3332–3337 resistance zone. Based on current price structure, a breakout is likely, with major resistance seen at 3352–3358, while 3323–3316 serves as the primary support range.

However, caution is warranted as today’s ADP employment data may significantly influence short-term price action. Whether gold can hold above the 3337–3343 level depends on the data's impact.

From a broader perspective:

On the weekly chart, the 20-period moving average (MA20) has climbed to around 3276, yet the overall structure remains bearish for bulls

On the daily chart, gold is still trading below the MA60, facing notable resistance

This week's key events — ADP (Wednesday), jobless claims, and NFP (Thursday and Friday) — will likely shape gold’s medium-term trend

Trading Strategy for Today:

Focus on the 3313–3353 trading range, and be highly responsive to data-driven volatility.

Important note: If gold rises to 3343–3358 before the ADP release, then regardless of whether the data is bullish or bearish, the preferred approach is to sell into strength, as a post-data pullback is a likely scenario.