SroshMayi

GOLD | Technical Outlook Gold maintains bullish momentum as long as it trades above 3355, aiming to test the 3365 resistance level. However, signs of rejection at 3365 may emerge, especially if the 4H candle closes below this level. In that case, expect a period of sideways consolidation between 3365 and 3342. A confirmed 1H candle close above 3365 would signal bullish continuation toward 3373, with an extended target at 3395. Key Levels: • Pivot: 3355 • Resistance: 3365 / 3375 / 3395 • Support: 3342 / 3333 Outlook: • Bullish above 3355 • Breakout above 3365 confirms further upside • Rejection at 3365 may lead to short-term range-bound movement

GOLD: Futures Dip as Dollar Strengthens, Eyes on 3320 Support Gold futures declined as the U.S. dollar gained strength following President Trump’s denial of plans to fire Fed Chair Jerome Powell. While concerns over central bank independence persist, gold remains up over 26% YTD, supported by strong central bank demand and ongoing macro uncertainty. Technical Outlook: The price is now approaching the 3320–3312 zone. A break below 3312 would trigger a bearish move from 3315 toward 3297 and 3281. However, if the price stabilizes above 3320 on a 4H close, a bullish rebound may follow toward 3333 and 3342. Key Levels: Support: 3312, 3297, 3281 Resistance: 3333, 3342, 3363

GOLD Outlook – Bearish Below 3365, CPI in Focus Gold is showing bearish momentum while trading below 3365, with a likely move toward 3342. However, if the price closes a 1H or 4H candle above 3365, it may shift to a bullish trend targeting 3395. CPI data will be the key factor in determining the next move. The market expects a print of 2.6%, which would signal no Fed rate cuts this year due to rising tariff pressures. That said, we expect a 2.7% release, which would likely support a bearish trend for gold. But if the release is less than 2.6% that will support the bullish trend. Pivot Line: 3365 Support: 3342 – 3320 Resistance: 3375 – 3395GOLD – Market Overview Gold prices edged up to around $3,342 per ounce on Wednesday, recovering slightly after a two-day decline, as traders evaluated a rise in U.S. inflation and ongoing trade tensions. 📊 Fundamental Outlook: • June CPI rose at the fastest pace in five months, suggesting that tariffs may be contributing to inflationary pressures. • While President Trump continues to push for rate cuts, Fed officials remain cautious, citing persistent inflation risks. • Traders now turn their focus to the upcoming PPI report for further insight into price trends and Fed policy direction. 🔧 Technical Outlook: Gold remains in a bearish structure as long as it trades below 3,342. 🔻 Bearish Scenario: • As long as price stays below 3,342, we expect continuation toward 3,320, with further targets at 3,312 and 3,297. 🔺 Bullish Scenario: • A 1H candle close above 3,342 could shift momentum bullishly toward 3,365, with extended targets at 3,375. Pivot Level: 3,342 Support Levels: 3,332 – 3,320 – 3,297 Resistance Levels: 3,354 – 3,365 – 3,375Full Target reached, about $55 dropped The price dropped from 3365 to our last support located at 3320 - 3312

Gold Futures Rise on Trade & Geopolitical Tensions Gold continues to gain as renewed tariff threats from the U.S. and rising geopolitical risks weigh on market sentiment. While markets have become somewhat desensitized to Trump’s recurring trade rhetoric, concerns remain that resolutions may be delayed. Technical Outlook: As long as the price holds above 3342, the bullish trend is likely to continue toward 3355 and 3365. A stable close above 3365 would open the way to 3395. However, a 1H close below 3342 may trigger a pullback to 3329. Pivot: 3342 Resistance: 3355, 3365, 3395 Support: 3329, 3319, 3309GOLD – Market Update Gold prices are rising in early trading, supported by growing concerns over a global economic slowdown driven by escalating trade tensions. These fears are reinforcing gold’s traditional role as a defensive hedge and safe-haven asset. Technical Outlook: Gold maintains a bullish momentum as long as it trades above 3365, with potential to reach the 3395 level. Trade tensions remain elevated, especially with reports that President Trump is planning to impose a 30% tariff on Europe and Mexico. This action continues to support a bullish outlook in the short term. However, any breakthrough in tariff negotiations could quickly shift sentiment, triggering a strong bearish reversal toward 3342 and possibly 3320. 🔹 Pivot Level: 3365 🔹 Resistance Levels: 3388, 3395 🔹 Support Levels: 3342, 3320

GOLD OVERVIEWGold extended gains to around $3,329 amid a weaker dollar and ongoing tariff tensions, with markets reacting to new U.S. trade actions and divided Fed minutes on rate cuts.Technical Outlook:Gold remains bullish while above 3320. A 1H close above 3342 opens the door to 3365. A 1H close below 3314 will turn sentiment bearish toward 3297 and potentially 3282.Resistance: 3330, 3342, 3365Support: 3309, 3297, 3282the direction changed to bearsih tredn after stabilizing below 3320

XAUUSD – Market Overview Fundamental Outlook:Gold has recovered from prior losses, stabilizing on the back of renewed safe-haven demand amid escalating global trade tensions.Analysts point to growing concerns over a broader U.S.-led trade war, which has pushed investors toward gold as a defensive asset. While President Trump has delayed the reimplementation of tariffs until August 1 to allow for negotiation, markets remain cautious, and volatility is expected to persist. Technical Outlook:Gold is currently trading above the pivot level at 3320, which has a consolidation within 3320 - 3342 rangeStability above 3342 would likely extend the rally toward 3365, with 3356 as an intermediate resistance.However, a 1H candle close below 3320 could shift momentum back to bearish, targeting 3297 and 3281. Support Levels: 3312 / 3297 / 3281 Resistance Levels: 3342 / 3356 / 3365

XAUUSD – Technical & Fundamental OutlookGold prices declined on Monday, pressured by a stronger U.S. dollar following President Trump’s announcement of a potential 10% tariff on BRICS-aligned countries. The news supported the dollar and weakened demand for gold as a safe-haven asset.Although uncertainty remains around U.S. trade negotiations ahead of the July 9 tariff deadline, signals of possible extensions and staggered implementation have further reduced short-term haven flows into gold.Technical View:Gold remains under bearish pressure while trading below 3320.As long as the price stays under this level, we expect sideways consolidation between 3297 and 3320 until a breakout occurs.A 1H close below 3297 would confirm bearish continuation, targeting 3281 and 3255. A break above 3320 would invalidate the bearish outlook and shift momentum toward 3342.Pivot: 3297Support Levels: 3281 / 3255 / 3239Resistance Levels: 3314 / 3320 / 3342Previous idea: Click Here...GOLDNew Update Extended Bearish Move: +280 pip✅Gold continued its decline after a confirmed 1H candle close below 3297, reaching 3287 as expected. The trend remains bearish, with the next target at 3281.⚠️ A 15-minute close above 3297 would be a sensitive zone and could lead to choppy movement or a short-term reversal. Current Range: 3297 – 3281⚠️ The market will move under the tariff situationGOLD – Technical OutlookGold dropped and precisely reached our bearish target at 3282, confirming the bearish setup.The metal remains under bearish pressure as long as it trades below 3297 on the 4H timeframe.While below this level, the bearish trend is expected to continue, targeting 3281.A confirmed 1H or 15M close below 3281 would open the path toward 3270 and 3255.On the other hand, a 1H or 4H close above 3297 would signal bullish sensitivity, potentially shifting momentum to the upside.Key LevelsPivot: 3297Support: 3282 / 3271 / 3256Resistance: 3307 / 3320

Gold Rises as Market Awaits Key U.S. Economic DataGold prices are pushing higher as investors position ahead of today’s major U.S. economic releases, including NFP and unemployment figures. Expectations of weaker data are supporting bullish sentiment. Technical Outlook (XAU/USD):Gold maintains a bullish structure as long as it trades above 3,342.→ A push toward 3,365 is likely→ A 1H close above 3,365 would open the path toward 3,375However, if price closes below 3,342 on the 1H chart, bearish momentum may build, targeting 3,331 and 3,320 Key Levels:• Resistance: 3,365 / 3,375 / 3,390• Support: 3,341 / 3,331 / 3,320

XAU/USD Below Pivot, Watching 3352 for Bullish ConfirmationGold prices edged up today as investors shifted their focus to the U.S. fiscal situation and lingering uncertainty ahead of the July 9 deadline when U.S. tariffs are set to take effect. But at the same time, we have strong resistance on the way.The price continues to move below the pivot level and the 3352 resistance, which together form a strong supply zone.A confirmed breakout above 3352 on the 4H candle is needed to validate a bullish move toward 3365. However, the possibility of a renewed decline remains unless the price also breaks above 3365, which would confirm a continuation of the upward trend.The bearish trend remains active as long as the price trades below the pivot at 3348 and the 3352 level. Sustained trading below this zone would likely lead to a decline toward 3320 and 3313.Key Technical LevelsResistance: 3352 - 3365 - 3400.Support Levels: 3320 - 3313 - 3218.Pivot Line: 3348XAU/USD Update – Bearish Trend Plays Out, Watching 3320 ZoneGold followed through with the bearish scenario discussed earlier, breaking below 3,352 and reaching our anticipated support zone near 3,320, even touching 3,314.At this stage:Bearish momentum remains active as long as price stays below 3,341A 1H candle close below 3,320 would likely confirm continuation toward the next support at 3,297Any recovery attempt would need a solid reclaim of 3,348–3,352 to shift the short-term biasKey Levels:• Resistance: 3,341 / 3,348 / 3,352• Support: 3,320 / 3,297

XAU/USD – Testing 1H/2H Supply Zone | Bullish Continuation or Rejection AheadGold has rallied strongly from the support zone around 3,238–3,255, breaking multiple intraday resistance levels and now approaching a critical 1H/2H Supply Zone near 3,348–3,366.This area previously acted as a strong sell-off zone, making it a key decision point.Scenario 1: Bullish ContinuationIf price breaks and closes above 3,366 with momentum, we could see further upside toward the next resistance at 3,400 and possibly retest the ATH zone at 3,486. A short consolidation or retest within the zone would confirm strength.Scenario 2: Rejection from Supply ZoneIf the supply holds, a rejection from the zone could lead to a pullback toward:3,320.48 (minor support)3,297.08 (support line)Or deeper retracement to the 3,255–3,238 support zoneKey Technical LevelsSupply Zone: 3,348 – 3,366Resistance: 3,400 – 3,486 (ATH)Support Levels: 3,320 – 3,297 – 3,255 – 3,238Pivot Line: 3,348