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Gold staged a minor recovery overnight after bouncing from the 3,267 Support Zone, and is now trading around 3,305. Price remains below both the 50MA and 200MA, which continue to slope downward—confirming short-term bearish structure. This current move is still corrective unless bulls manage to reclaim the 3,309–3,334 resistance zone. A clean break and hold above 3,334 would be the first sign of strength, opening up potential retests of 3,348 and 3,362. Until then, any rallies into the 3,309–3,334 zone should be viewed with caution. If the bounce loses steam, watch for a retest of 3,289 - 3,267. A break below that would expose the 3,241 and 3,208 levels, with the HTF Support Zone (3,241–3,208) acting as a broader downside cushion. 📌 Key Levels to Watch Resistance: ‣ 3,309 ‣ 3,334 ‣ 3,348 ‣ 3,362 Support: ‣ 3,289 ‣ 3,267 ‣ 3,241 ‣ 3,208 🔍 Fundamental Focus – Thursday, July 31 Big day for data. 🟥 Core PCE, Employment Cost Index, and Unemployment Claims — all critical for Fed outlook and could move gold sharply. ⚠️ Volatility expected around 2:30pm. Stay nimble and manage risk carefully.

Gold remains in a bearish structure, consolidating in a narrow range after the sharp drop earlier this week. Price is trading around 3,330, testing the 3,334 resistance zone while still below the 200MA (3,362), which may act as dynamic resistance. As long as price stays below 3,348–3,362, the bias remains to the downside, with a break below 3,309 likely exposing the 3,289–3,267 support zone. A clean reclaim above 3,334- 3,348 would neutralize the immediate downside pressure and open the path back toward 3,373–3,387. 📌 Key Levels to Watch Resistance: ‣ 3,334 ‣ 3,348 ‣ 3,362 ‣ 3,373 ‣ 3,387 Support: ‣ 3,309 ‣ 3,289 ‣ 3,267 ‣ 3,241 🔎Fundamental Focus – FOMC The FOMC rate decision and Powell’s press conference later today will be the key driver for gold. Expect sharp volatility and potential whipsaws around the release. ⚠️ Manage risk carefully, avoid chasing initial spikes, and wait for clear direction once the event dust settles.

Gold remains under pressure, currently trading around 3,312. Price is holding just above the 3,309–3,289 Support Zone, but remains below both the 50MA and 200MA, which continue to slope downward—indicating short-term bearish pressure. As long as price remains below the 3,334–3,348 resistance zone, the bearish momentum is intact. A clean break above this area would be the first sign of recovery, opening the path toward 3,362 and 3,373, where the next round of supply may emerge. If price fails to reclaim 3,334 and breaks below 3,309, the 3,289–3,267 Support Zone becomes the next key downside target. Failure to hold that level would expose the HTF Support Zone (3,241–3,208). 📌 Key Levels to Watch Resistance: ‣ 3,334 ‣ 3,348 ‣ 3,362 ‣ 3,373 Support: ‣ 3,309 ‣ 3,289 ‣ 3,267 ‣ 3,241 🔍 Fundamental Focus – Tuesday, July 29 Heads up — today’s focus is on 4:00pm, when we get JOLTS Job Openings 🟥 and CB Consumer Confidence 🟡 ⚠️ Stay light and nimble — bigger moves may come tomorrow with red-folder data stacking up.

Gold starts the new week attempting to recover after last week’s drop, now trading around 3,339, just above the 3,334 intraday support. Price remains below both the 50MA and 200MA, which are now turning downward—signalling a shift to short-term bearish structure. To regain upside momentum, bulls need to reclaim the 3,362 resistance zone. A confirmed break above this area would re-open the path toward 3,373, 3,380, and 3,387. Until then, structure favors the bears, and any rejection below 3,362 keeps risk tilted to the downside. A break back below 3,334 would expose price to the lower Support 3,309. If that gives out, watch for deeper downside toward 3,289-3,267 and the HTF Support Zone (3,241–3,208). 📌 Key Levels to Watch Resistance: 3,348 ‣ 3,362 ‣ 3,373 ‣ 3,380 ‣ 3,387 Support: 3,334 ‣ 3,309 ‣ 3,289 ‣ 3,267 ‣ 3,241 🔍Fundamental Focus: This is a high-impact week for gold traders. Expect spikes in volatility, especially around FOMC and NFP. Use wider stops, reduce position sizes, and trade only confirmed setups.

Gold has continued its rally, breaking through the 3,416 resistance and pushing into the next upside zone. Price is now trading around 3,421, just below the 3,440 resistance cluster. The structure remains bullish with price holding firmly above both the 50MA and 200MA, which are acting as dynamic support. A confirmed break and hold above 3,440 would open the path toward 3,458 and potentially the higher‑timeframe target at 3,478 if momentum extends. If price fails to sustain above 3,416–3,440 and begins to fade, watch the initial pullback toward 3,400. A deeper move below that would shift focus to 3,383 - 3,362 and then the Pullback Support Zone. Failure to hold there could expose price to the lower Support Zone if bearish pressure builds. 📌 Key Levels to Watch Resistance: ‣ 3,440 ‣ 3,458 ‣ 3,478 Support: ‣ 3,416 ‣ 3,400 ‣ 3,383 ‣ 3,362 ‣ 3,336 🔎 Fundamental Focus ⚠️Not much on the calendar today. Still, manage your risk and stay prepared for any unexpected volatility.

Gold broke above the 3,362 resistance and extended its rally into the 3,400 resistance zone, currently trading around 3,386. Price remains comfortably above both the 50MA and 200MA, which are sloping upward and acting as dynamic support—keeping short‑term structure bullish. A confirmed break and hold above 3,400 would open the path toward the next upside targets at 3,416 and 3,440, with 3,458 as a higher‑timeframe extension if momentum continues. If price fails to sustain above 3,383–3,400 and begins to fade, watch the initial pullback toward 3,362. A deeper move below that would shift focus to the Pullback Support Zone. Failure to hold there could expose price to the Support Zone and potentially the HTF Support Zone if bearish pressure builds. 📌 Key Levels to Watch Resistance: 3,383 ‣ 3,400 ‣ 3,416 ‣ 3,440 Support: 3,362 ‣ 3,336 ‣ 3,317 ‣ 3,302 ‣ 3,289 🔎 Fundamental Focus – 📌 Fed Chair Powell Speaks – key event that can move USD and gold sharply.

Gold has extended its recovery and is now trading around 3,366, pushing into the next resistance cluster. Price is holding firmly above both the 50MA and 200MA, which are now flattening and beginning to turn upward, acting as dynamic support. A confirmed break and hold above 3,362 would open the path toward the next upside targets at 3,383 and 3,400, with 3,416 and 3,440 as higher‑timeframe resistance levels if momentum continues. If price rejects the 3,362 resistance zone and fades lower, watch the Pullback Support Zone (3,336–3,317) closely. A break back below that area would shift focus to the broader Support Zone (3,289-3,267). Failure to hold there could expose price to the deeper HTF Support Zone. 📌 Key Levels to Watch Resistance: 3,366 ‣ 3,383 ‣ 3,400 ‣ 3,416 Support: 3,336 ‣ 3,317 ‣ 3,302 ‣ 3,289 ‣ 3,267 🔎 Fundamental Focus – Week of July 21–25 📌 Tuesday, Jul 22 Fed Chair Powell Speaks 📌 Thursday, Jul 24 Unemployment Claims Flash Manufacturing PMI & Flash Services PMI

Gold has held above the Pullback Support Zone (3,335–3,305) after yesterday’s volatility, with buyers stepping in to defend the zone. Price is now trading around 3,338, caught between the 50MA and the 200MA. Despite the recent dip, the structure remains supportive as long as price holds above 3,335. A clean break and hold above 3,354 would confirm renewed bullish momentum, opening the path toward 3,383 and 3,400, with 3,416 as a higher‑timeframe target. If price fails to clear 3,354 and turns lower again, watch for signs of exhaustion back into the Pullback Support Zone (3,335–3,305). A decisive break below 3,305 would shift focus to the Support Zone (3,289–3,267), with further downside exposing the HTF Support Zone (3,241–3,208). 📌 Key Levels to Watch Resistance: ‣ 3,354 ‣ 3,383 ‣ 3,400 ‣ 3,416 Support: ‣ 3,335 ‣ 3,305 ‣ 3,289 ‣ 3,267 ‣ 3,241 🔎Fundamental Focus 📌 4:00pm: UoM Sentiment & Inflation Expectations – can spark sharp USD/gold moves. ➡️ Expect volatility around releases.

Yesterday, gold staged a strong rally, pushing up toward 3,377, which was followed by a strong rejection. Price has pulled back sharply and is now testing the Pullback Zone once again. Currently trading around 3,329, price is caught between the 50MA overhead acting as dynamic resistance and the 200MA below offering dynamic support. For the bullish structure to regain momentum, we need to see a clean break and hold back above 3,354. This would reopen the path toward 3,383 and 3,400, with 3,416 as a higher‑timeframe target. If buyers fail to defend the Pullback Support Zone, and price breaks decisively below 3,305, attention shifts to the Support Zone (3,289–3,267). A deeper selloff could then expose the HTF Support Zone (3,241–3,208). 📌 Key Levels to Watch Resistance: ‣ 3,354 ‣ 3,383 ‣ 3,400 ‣ 3,416 Support: ‣ 3,335 ‣ 3,305 ‣ 3,289 ‣ 3,267 ‣ 3,241 🔎 Fundamental Focus – High‑Impact U.S. Data Today A packed U.S. calendar could drive volatility: 📌Core Retail Sales m/m and Retail Sales m/m 📌Unemployment Claims 📌Philly Fed Manufacturing Index These red‑folder releases can create sharp intraday swings. Additionally, multiple FOMC member speeches later in the session could add headline‑driven moves.

Gold has pulled back sharply from the 3,354 resistance but found support inside the Pullback Zone (3,335–3,3305 where buyers have stepped back in. Price is now attempting to reclaim ground, trading around 3,341, with the 50MA acting as dynamic resistance overhead and the 200MA as dynamic support. For the bullish move to continue, we need to see a clean break and hold above 3,354. That would reopen the path toward 3,383 and 3,400, with 3,416 as the higher-timeframe target. If price fails to clear 3,354 and rolls over again, watch the Pullback Zone (3,335–3,305) for signs of exhaustion. A break below 3,305 would shift focus to the deeper Support Zone (3,289 - 3,267) and potentially toward 3,241 - 3,208 if bearish pressure accelerates. 📌 Key Levels to Watch Resistance: ‣ 3,354 ‣ 3,383 ‣ 3,400 ‣ 3,416 Support: ‣ 3,335 ‣ 3,305 ‣ 3,289 ‣ 3,267 ‣ 3,241 🔎 Fundamental Focus – PPI Release Today Today’s U.S. Producer Price Index (PPI) will be closely watched as a follow‑up to yesterday’s CPI data.