AndrewsMarket-Mastery

On the daily chart, gold is consolidating within a rising triangle formation, supported by a trendline that has been respected multiple times since April. This structure demonstrates sustained demand and accumulation. The price action is now inching closer to the upper boundary around the $3,430–$3,450 region. If gold breaks and holds above this critical resistance, the path toward the $3,700–$4,000 zone opens, particularly if positive momentum returns. Fundamentally, the setup is strongly bullish. The Federal Reserve is increasingly expected to begin cutting rates in September, which would reduce the opportunity cost of holding non-yielding assets like gold—only 13% chance of a cut has now flipped to an 87% probability. Gold demand remains structurally robust: central banks are aggressively accumulating reserves—1,000+ tonnes are forecasted for 2025, marking the fourth consecutive year of record purchases. Meanwhile, institutional players like Goldman Sachs and UBS are projecting gold to reach \$3,700 by year-end and potentially $4,000 by mid-2026. Despite short-term price pullbacks due to dollar strength, gold's long-term narrative remains intact. Recent inflows into gold ETFs and recovery from trendline support positions gold well for the next leg higher.

Gold (XAUUSD) is currently presenting a strong bullish continuation setup after breaking out of a falling channel on the 4H timeframe. Price action confirmed bullish momentum with impulsive candles following the breakout, and we’re now seeing a textbook retest of the breakout zone around 3,370–3,360, which previously acted as resistance and is now expected to hold as support. The risk-to-reward ratio remains highly favorable, targeting the 3,450–3,460 zone in the upcoming sessions. From a macro perspective, gold is gaining upside traction as the US dollar weakens amid growing speculation around an upcoming Fed rate cut. Investors are rotating into safe-haven assets as recession concerns resurface, with the market pricing in increased geopolitical tension and slower economic growth forecasts. Real yields are cooling, which typically boosts non-yielding assets like gold. With central bank demand for gold also staying strong, the bullish narrative continues to build. Technically, momentum remains in the bulls’ favor. RSI is still holding above midline levels, suggesting there’s room for further upside. The current pullback offers a healthy correction within a larger bullish trend. Holding above the 3,360–3,340 support range is key for continuation; a daily close above 3,390 would confirm the next wave toward 3,450 and possibly 3,500 in the medium term. This is a clear case of momentum following structure. As long as the lower boundary holds firm, I remain bullish on gold with strong conviction. Watch for volume confirmation on the bounce, and trade the trend—momentum is with the buyers.

XAUUSD Gold has just broken out of a descending wedge formation and is now building bullish momentum. The daily chart shows a clear breakout above the upper channel line, confirming that buyers have taken control. Across the 4‑hour and daily charts, price is holding above key moving averages (20/50/100) and recently formed a bullish hammer—classic signals of fresh upside potential. A fib retracement off the wedge low would likely find support around $3,300–3,320, which already held strong. With immediate resistance in the $3,342–3,350 range, I'm expecting a firm push toward the $3,400 zone next, positioning for a possible continuation to $3,450+. Fundamentals continue to steer price in our favor. In Q3 2025, gold remains elevated as the U.S. dollar loses steam and rate‑cut expectations rise. The market is pricing in a possible Fed move as early as next month, while tariff and trade uncertainty continues to dominate headlines. Central bank gold purchases remain strong, and investors are seeking safe‑haven shelter amid economic jitters—supporting gold’s role as a defensive asset. With YTD gains nearing 26%, momentum remains firmly bullish. Looking ahead over the next couple of weeks, the risk/reward remains favorable. If gold holds above the $3,330–3,340 zone, we can remain bullish toward targets $3,400–$3,450. A dip toward that zone would present an attractive long entry, reinforcing our position. However, a breakdown below $3,300 would warrant caution and could introduce a deeper correction. Given current technicals, fundamentals, and macro backdrop, this setup offers a strong opportunity. With proper risk management and support confirmation, another significant bullish leg toward $3,450–$3,500 is well within reach. Have a profitable trade.

Gold (XAUUSD) has recently completed a textbook falling wedge breakout, confirming a powerful bullish reversal setup on the higher timeframes. This pattern, known for its strong trend-continuation potential, has played out beautifully. After a period of consolidation and lower highs, price has decisively broken above wedge resistance and is now pushing higher with strong bullish momentum. We've already captured significant profit from the breakout zone, and price action suggests another wave to the upside is imminent. Fundamentally, gold continues to benefit from growing geopolitical tensions, elevated inflation concerns, and central bank reserve accumulation. With the Federal Reserve leaning cautiously dovish due to signs of a softening labor market and cooling inflation, real yields are under pressure. This is supportive for gold, especially as markets begin to price in potential rate cuts before year-end. The weakening US dollar and stable treasury yields are reinforcing demand for precious metals, particularly among institutional investors seeking safety and hedge assets. Technically, gold has broken its bearish structure and is forming a new bullish leg, supported by strong volume and RSI divergence at the lows. The breakout from the falling wedge pattern has opened up upside targets toward recent swing highs and potentially even all-time highs if macro conditions remain favorable. With price now above key moving averages and consolidating above the wedge breakout zone, the technical bias is clearly bullish. This move aligns well with seasonality and macro risk flows. As risk-off sentiment slowly builds and inflation risks remain unresolved globally, gold is regaining its status as a premier safe-haven asset. Expecting continued follow-through in the coming weeks, with clean structure and fundamentals favoring bulls, this setup remains a high-probability opportunity to ride the next impulsive bullish leg.

XAUUSD has officially broken out of a well-structured descending channel on the 4H timeframe, suggesting a potential shift in market sentiment from bearish to bullish. After multiple rejections from the lower boundary and consistent pressure on the upper trendline, the breakout above the channel confirms a strong upside bias. Price is currently holding near 3330, and I’m now eyeing 3450 as the next key resistance level. This setup aligns perfectly with a textbook channel breakout, offering a solid risk-to-reward scenario for bullish continuation.The breakout comes at a time when macro fundamentals are supportive of gold strength. With rising uncertainty surrounding global inflation trends and mixed economic signals from the US, investors are leaning back into gold as a defensive hedge. The US dollar has shown signs of softening amid increasing speculation that the Fed could pivot to a more neutral stance in the coming months. This gives gold more breathing room to the upside, especially as real yields begin to flatten out.Geopolitical tensions, especially renewed volatility around global trade and Middle East developments, are further fueling demand for safe-haven assets like XAUUSD. The recent breakout is backed by rising volume and momentum indicators turning bullish, making this move more sustainable than a short-term spike. Gold typically thrives during periods of uncertainty and shifting rate expectations, and that’s exactly the phase we are entering now.From a technical and macroeconomic perspective, gold is showing strength just as the broader markets begin to wobble. This breakout isn’t just about structure—it’s supported by real macro catalysts and seasonal demand strength. I'm bullish toward the 3450 zone, and any retest of the broken channel resistance now turned support would offer an attractive entry. Staying focused on gold as a top performer in Q3 could offer strong upside with controlled risk.

Gold (XAUUSD) continues to maintain strong bullish momentum, with current price action sitting around 3,430. We have been holding a bullish outlook since the key accumulation zone between 3,150 and 3,200. Price has consistently formed higher highs and higher lows, and recent consolidation has broken out with conviction. Based on technical structure, my immediate upside target is 3,500, where I expect price to react before potentially extending even higher depending on upcoming macro drivers.Fundamentally, gold is being fueled by a combination of sticky inflation data and a cautious Fed stance. Even though the FOMC held rates steady in June, market expectations are shifting towards policy easing later in the year due to softening labor data and a cooling economic outlook. Additionally, geopolitical uncertainties and continued central bank gold buying remain strong tailwinds for the metal. The U.S. dollar index has shown minor weakness post-CPI, offering further support to gold bulls.Technically, the daily chart shows a clean bullish flag breakout that aligns with the trendline support and impulsive wave structure. Price broke above 3,400 with strong volume and minimal resistance, indicating clear bullish dominance. As long as price holds above the 3,380–3,400 zone, continuation toward 3,500 remains highly probable. There is also confluence from previous structure highs and minor Fibonacci extension levels around that mark.Overall, I remain confidently long on XAUUSD. I’ve been tracking this bullish cycle since the 3,150–3,200 region and continue to favor upside moves backed by macroeconomic and technical alignment. I’ll be watching key reaction zones near 3,500 for potential profit-taking, while holding swing positions with dynamic risk management in place.

XAUUSD is currently forming a clean bullish pennant pattern on the daily timeframe, signaling a potential continuation of the dominant uptrend. After a strong impulsive rally that pushed gold prices to new highs, the market entered into a consolidation phase, tightening within the pennant structure. This type of price action typically precedes a breakout, and with current price action hovering near the upper boundary of the pennant, a bullish breakout looks imminent. If we break above this consolidation zone, the next target stands at 3500, in line with the measured move projection from the prior leg.From a fundamental standpoint, gold remains in strong demand amid ongoing macroeconomic uncertainties and shifting central bank policies. Recent data out of the US showed signs of a cooling labor market and slowing inflation pressures, increasing the odds of the Federal Reserve leaning toward rate cuts in the second half of 2025. A dovish Fed would weaken the US dollar and lower Treasury yields—two key drivers that historically push gold prices higher. Additionally, continued central bank gold buying globally, especially from emerging markets, is providing a strong underlying bid for XAU.The current consolidation is healthy and is allowing the market to build momentum before another leg up. Volatility is compressing, volume remains steady, and price structure is respecting key trendlines. Once we get confirmation with a breakout and close above the upper pennant boundary, it would open the door to a swift move toward the 3500 region. Traders should monitor volume and RSI closely for early signs of breakout confirmation.In this environment of economic uncertainty, demand for safe-haven assets like gold is only increasing. With technicals and fundamentals aligned, XAUUSD is gearing up for a powerful bullish wave. As long as we hold above the key 3280–3300 support range, the bullish thesis remains fully intact. This setup offers excellent reward-to-risk potential and is one of the more compelling opportunities currently on the radar.

XAUUSD is currently forming a classic bullish flag pattern on the 12-hour timeframe after a strong impulsive rally from the 3145 demand zone. The consolidation is tight and orderly, holding above the key structure zone and forming lower highs and lower lows within the flag. This setup indicates a continuation pattern, and with price stabilizing around 3315, a breakout to the upside is increasingly likely. A clean breakout from the flag will likely ignite the next bullish wave toward the 3500 level.From a fundamental perspective, gold remains supported amid renewed market concerns around inflation persistence and global macro uncertainty. The latest US economic data, including slower job growth and declining consumer sentiment, is increasing speculation that the Federal Reserve might be nearing the end of its tightening cycle. This is weakening the US dollar and boosting safe-haven demand for gold. Additionally, central banks, particularly from China and emerging markets, continue to increase gold reserves—adding to long-term bullish sentiment.Technically, XAUUSD has already respected a strong demand zone around 3145 multiple times, which reinforces that institutional buyers are defending this area. The market structure remains bullish, and higher lows continue to form, aligning with a potential trend continuation. If price breaks above the flag resistance around 3325–3330 with volume confirmation, the bullish target of 3500 could be reached swiftly.As long as gold holds above the 3270–3280 support zone, the risk-reward setup remains favorable for long positions. With a confluence of strong fundamentals and a high-probability technical pattern, XAUUSD is setting up for a potential breakout rally. Traders should watch closely for breakout confirmation to ride the momentum toward new highs in this evolving bullish trend.

XAUUSD is showing a textbook technical reaction from a well-defined support zone around the 3145–3170 range, which aligns perfectly with previous structure and demand zones. After a sharp retracement from recent highs, gold is now posting a strong bullish bounce, validating this level as a significant area of buyer interest. With today’s push above 3230, this bounce confirms our bullish thesis, and I now expect a continuation move toward the 3500 mark in the coming weeks.Fundamentally, gold remains one of the most favored assets in 2025 due to ongoing global economic uncertainty, rising geopolitical risks, and persistent central bank demand. With US inflation cooling and the Fed signaling the potential for rate cuts later this year, real yields are slipping, giving gold the macro tailwind it needs to push higher. Moreover, recent data from China shows continued accumulation of gold reserves, reinforcing the long-term bullish case.Technically, this correction appears to be a healthy retest in a strong uptrend. The market has respected the previous breakout level, and we are seeing early signs of momentum returning. The price action is starting to structure higher lows, and if price clears the 3250 level convincingly, it will likely trigger further momentum-based buying. I’m targeting 3500 as the next major resistance, where we could see some profit-taking.This setup is one of the cleanest long opportunities on the board. With institutional positioning still net long, and technical and macro alignment pointing higher, I see this as a high-conviction trade. As long as price holds above 3145, the path of least resistance remains up. I’ll be closely watching for further confirmation as we build toward the 3500 target.

Gold (XAUUSD) is currently trading around the 3170 level after pulling back from its recent highs near 3400. Price action is showing strong signs of bullish resilience as it bounces off a key support zone, suggesting the corrective phase may be nearing completion. The structure on the 2-day chart is shaping up as a healthy retracement within a strong uptrend, and the latest bounce is gaining volume, which indicates renewed buying interest and a potential re-entry point for bulls.From a macroeconomic perspective, ongoing concerns about persistent inflation, global debt levels, and geopolitical tensions continue to support the bullish narrative for gold. With the latest U.S. CPI data showing inflation remaining above the Fed's comfort zone, the likelihood of prolonged higher interest rates remains in play. However, real yields have not kept pace, making gold an attractive hedge in this environment. Central banks worldwide are still aggressively accumulating gold as a reserve diversification strategy, which reinforces the broader demand.Technically, the market is reacting precisely from a demand zone around 3120–3150, where historical resistance turned support. Momentum is building for a continuation of the bullish trend, and a push toward the 3500 level looks increasingly likely if price breaks above the minor resistance around 3250 with conviction. The risk-reward here remains favorable, especially with the clear invalidation level just below the recent lows.As a professional trader, I view this structure as a textbook bullish continuation setup. The strong trend, clean bounce, and increasing volume are aligning for a potential breakout toward 3500. With macro catalysts and technical confirmation supporting the bullish bias, this is a solid opportunity for swing buyers to ride the next leg up in gold.