GOLD Recovers After $35 Drop – Key Resistance at $3349 Date: July 29 📉 Recent Price Action: Gold (XAU/USD) dropped nearly $35, finding support around the $3,311–$3,302 zone and recovering back toward the $3,330 level as risk appetite improved due to an EU–US trade agreement 🔍 Technical Outlook 🟢 Bullish…
Technical Overview Gold has reclaimed bullish momentum after breaking above the 200-hour SMA, marking a key shift in trend. Daily chart oscillators now point higher, suggesting the path of least resistance remains to the upside. 🔹 Support Zone to WatchThe $3,330–$3,329 region—aligned with the 200-hour SMA—remains a strong base. Dips…
Gold Holds Steady Above $3,350 Ahead of U.S. Jobs DataGold (XAU/USD) is easing modestly from its daily high yet maintains a slightly positive tone above the $3,370 mark in Friday’s European session. The U.S. Dollar (USD) recovers from a multi-week low as markets reposition ahead of today’s highly anticipated Nonfarm…
Gold Recovers as US-China Trade Deal Optimism Wanes Gold prices are rebounding, trading near $3,260 as of Tuesday, clawing back from a 2.65% drop the previous session. The initial excitement surrounding the U.S.-China trade truce has begun to fade, as market participants express skepticism over the limited details and short-term…
📊 XAUUSD – NFP Day Strategy | 02-May-2025 Current Trend: Volatile | Technical Bias: Mixed | Sentiment: Cautious ahead of NFP 🔻🔺 Daily Trade Setup 🔴 Sell Zones: ‣ $3,310 → $3,330 → $3,360 → $3,380 → $3,400 🟢 Buy Zones: ‣ $3,210 → $3,180 → $3,150 → $3,120 →…
Gold climbs toward $3,150 in Asian trading, extending its record-breaking rally. Traders are closely watching Wednesday’s US tariff announcement and NFP data for the next major market move.Based on historical patterns and the last eight all-time high breakouts, We must see lower grounds toward $3,000-$2,950 could occur before a potential…
