Gold

XAUUSD (Gold) – SELL SIGNAL
Pair: XAUUSD
Timeframe: M15
Type: Intraday Trade
Date: July 15, 2025
Session: New York Pre-Market
Strategy: Breakout & Rejection from Fib Resistance + Momentum Shift
Trade Setup (Sell)

1. Entry: 3364 – 3366
2. Stop Loss: 3378
3. Take Profits:
   1. TP1: 3340
   2. TP2: 3325
   3. TP3: 3265 (100+ pips target)

Technical Analysis (Why Sell?)

1. Price was rejected from 3377, which is the 23.6% Fibonacci retracement level on the 4H timeframe.
2. The market showed strong bearish momentum after failing to break and hold above 3375.
3. M15 chart shows a clear lower high formation and bearish engulfing candle, confirming seller pressure.
4. No major support until 3325–3297 zone, providing room for a 100+ pip drop.
5. RSI is crossing down from overbought (on M15), confirming momentum reversal.

Risk Management Tip:
Use a maximum of 1–2% risk per trade. Adjust lot size based on account size and SL distance. Refrain from over-leveraging.
Sentiment:

1. Gold is reacting to US Dollar strength and pre-CPI caution.
2. Traders are booking profits near resistance as fundamental uncertainty builds.
3. If CPI comes strong later, downside momentum could accelerate

How Institutions Execute Stop Hunts:
◦ Price Manipulation: Banks, or "Market Makers," manipulate price to trap traders. They do this by driving price to critical "support" or "resistance" levels to accumulate a large number of stop losses

It's probably going to break through 3365 soon, but my patience has ran out. Waiting and being patient is probably one of the hardest things for me and it's definitely something that I need to work on.

3365 is swating off the longs like crazy today. A break above would be interesting however a drop below 3350 I’m going to short until 3330 zone

i am in a buy from 3366 (old trade shal i wait to break even or if it breakes the 65 then hold it ??
or close it at 65

Most def. They're dug in the trenches, holding on to dear life and shoot at anything that moves. Curious to see when they or if they run out of ammo. They will start to shoot with artillery in a few hours, let's see...

i guess we will have too call reinforcement Sargent

definitely! If 3365 breaks then yesterday’s high might not be able to hold on. All down to the data soon I think

Today we will visit to 3390 may the best wins today be careful CPI is ahead

3365 break ig

When you finally get your trade when you waited since pre London, and it stalls so you take half profit and leave runner sad mornings

waitng for a sell around 3371-3375 with sl just around 3379
with my final tp being 3314....den hoping to catch some buys from there
gold has been testing my patience today

some numbers this week has given:
3404.58 - DeMark’s WR1
3343.37 - DeMark’s WPP, been printed
3335.16 - WPP, Classic
3318.49 - DeMark’s WS1

happy trading

If you are convinced that 3366 will break then hold
If you are convinced that 3366 will hold then try to close at small profit, or break even, or smaller loss

65 holding preety good

65 brrn broken but maybe not strong enough to push to 70+
or maybe it ccan

pushed it down again…

DeMark’s DR1 at 3359.03 been broken already few times, if price will continue more than one hundred pips, to 3369th/-3372th/sacro level/ can be no return..,
3367to imo, to watch..,
from other hand, today DPP’s area /3349-3353th/ could be as a .., and 3324.79 is DeMark’s DS1

p.s.we have plenty of targets above&below.., we just do not know the order they gonna be printed
so, let’s be cynic & sarcastic enough to face every move

Price must break above pink line in order to continue upwards ... if it didnt break soon i would consider closing my position and look for another opportunity