GOLD: Maintain a Sell-biased Strategy In the Short Term!
$XAU/USD(XAUUSD.FOREX)$$Gold - main 2612(GCmain)$Technical Analysis: The price of gold has officially broken below the key pivot zone of 4086–4090. The current price stands at 4078, with the intraday decline widening further to -0.60%. This zone has now turned into resistance! The signal for a short-term breakout to the downside is very clear. With the 4,080 level under pressure, the only strong support remaining below is the support zone at 4,025–4,011 and the psychological barrier at 4,000. Today is the last trading day of the month. The decline in the Asian session is largely due to some institutional long positions liquidating this month’s profits ahead of s
Gold Staged a Reversal that Caught many Investors by Surprise
On Wednesday (July 29), gold staged a reversal that caught many investors by surprise. Before the Federal Reserve announced it would keep interest rates unchanged, gold prices came under pressure and weakened, even falling below the $4,000 mark during the session. However, once the Federal Reserve confirmed that it would keep the target range for the federal funds rate unchanged at 3.50% to 3.75%, spot gold surged rapidly, briefly reaching $4,116 per ounce—its highest level since July 23. By the close of trading that day, spot gold had risen 0.94% to settle at $4,066.13 per ounce. During early Asian trading on Thursday (July 30), gold prices continued their upward trend, briefly touching the $4,100 mark, with a gain of approximately 0.84%. What makes this trend particularly noteworthy is i
Fed Decision Looms: Gold Pressured by Strong Dollar and Rate Expectations
Currently, market attention is focused on the Federal Reserve’s upcoming monetary policy decision. The market widely expects the Fed to keep interest rates unchanged at this meeting, but investors are still closely watching the policy statement’s language regarding inflation, employment, and the future path of interest rates. Although U.S. President Trump has repeatedly called for lower interest rates, market trading data shows that investors remain cautious about the future direction of policy. $XAU/USD(XAUUSD.FOREX)$$Gold - main 2612(GCmain)$ There is currently significant divergence in the market regarding short-term interest rate adjustments, and the possibi
GOLD: The Market is Currently in a “High-range Consolidation"
Hello everyone! Today i want to share some macro analysis with you! 1 $Gold - main 2608(GCmain)$Gold: The market is currently in a “high-range consolidation and topping” phase following Monday’s gap-up opening. Although bulls hold the advantage in the short term, pressure for a local pullback has already begun to emerge. After the early morning open, bulls pushed prices up to 4116.15 but failed to hold above 4100, subsequently facing significant selling pressure from profit-taking. Currently, the H1 chart has closed with two consecutive bearish candles (with long upper shadows), indicating very strong resistance in the 4110–4116 range and a weakening of short-term bullish momentum. A dense cluster of short-term overlapping supp
GOLD: The Market has now Entered a “Critical Juncture” of Tug-of-war Between Bulls and Bears
After a strong pullback and rebound from 4023, gold is currently trading at 4030. $Gold - main 2608(GCmain)$$XAU/USD(XAUUSD.FOREX)$ The market has now entered a “critical juncture” of tug-of-war between bulls and bears. Given the lackluster rebound, the price may retest today’s lows in the 4023–4025 range to confirm whether the “double bottom” support at that level is valid. Meanwhile, the key intraday support is near 4,020; if this level is broken, the price will continue to test the 4,000–4,005 range! First near-term resistance: 4,038–4,042 (former resistance-turned-support level) For trading, focus primarily on entering sell positions after a rebound! Strateg
GOLD: Bulls and Bears are Engaged in a Fierce Tug-of-war in the 4120–4130 Range
1 $Gold - main 2608(GCmain)$ The market has moved away from the previous extreme one-sided surge and has entered a phase where the rebound is being held back following a wide-range consolidation and bottoming process. Bulls and bears are engaged in a fierce tug-of-war in the 4120–4130 range. It is expected that the market will continue to consolidate within a wide range ahead of the New York session; both buy and sell positions will offer decent profits for short-term trading! Short-Term Strategy: Sell: 4135–38 TP: 4115–4110 SL: 4152 Buy: 4110–4112 TP: 4125 SL: 4098 2 (H4) Candlestick chart: The market has moved away from the previous extreme one-sided surge and has entered a phase where the rebound is being held back following
$XAU/USD(XAUUSD.FOREX)$$Gold - main 2608(GCmain)$ After a period of volatility and a pullback, during which it repeatedly tested the 4,000 level and support near 4,025, the gold price has successfully stabilized. A strong bullish candle has now surged sharply, nearly erasing the consecutive losses of the past few days, and short-term bullish momentum is extremely strong. It has now successfully broken through 4,100 and is currently testing the key resistance zone of 4,120–4,125! If it manages to hold above this level, gold will further test the 4,150–4,200 range! Go with the trend—continue to buy during the Asian session!
GOLD: The Market is Currently Exhibiting a Strong V-shaped Reversal
Hello everyone! Today i want to share some macro analysis with you! 1 $Gold - main 2608(GCmain)$$XAU/USD(XAUUSD.FOREX)$Technical Analysis: After a period of consolidation and bottoming out, the market is currently exhibiting a strong V-shaped reversal accompanied by an accelerating uptrend, with the latest price surging to around 4049.35. Strong upward momentum: The candlestick chart shows several consecutive, full-bodied bullish candles that have completely engulfed the previous downtrend. There has been virtually no significant pullback in the short term, indicating extremely strong bullish momentum. Breakthrough of Key Resistance: The price has successfully b
GOLD IS Forming a Short-term Upward-sloping Support Line
$XAU/USD(XAUUSD.FOREX)$$Gold - main 2608(GCmain)$ Technical Analysis: Looking at the (H1) candlestick chart, the market as a whole is currently in a correction and consolidation phase following a period of consolidation at high levels, with buying momentum driving a rebound near key support levels in the short term. The price is currently trading at $4,011, down slightly by about 0.15% on the day. The latest one-hour candlestick closed as a bullish candle with a long lower shadow; the price briefly dipped to around 3,982.72 before being quickly pulled back by buyers, indicating significant buying support in the range from the 4,000 psychological level to the 3,9
Gold Plunges Below $4,000 as Hawkish Fed and Middle East Oil Fears Crush Bullish Hopes
$Gold - main 2608(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Today (July 17, 2026), the gold market experienced a major turning point driven by news and economic data. Although the previously released U.S. June CPI and PPI data were on the milder side, gold bulls’ confidence completely collapsed under the dual pressure of the Federal Reserve’s extremely hawkish rhetoric and the inflationary spillover effects on oil prices caused by the Middle East situation. Gold has fallen below the psychological threshold of $4,000 and is facing its largest weekly decline in nearly six weeks. Although the U.S. June CPI (annual rate of 3.5%) and PPI data released on Tuesday and Wednesday