Gold

London is probably on the way to take out Asian high

I don't get it either.

Yeah, that's more like it.

love that one

It looks real to me though..

Btw. 2 hourly candles fail to closes above 3340, If this hourly fails again we will probably visit YL.

Come on bulls ...break 3344 so that we have less roadblocks to go up

what so special at 3340?

not gonna sell or buy until thing is clear, sideway continue, break 334x can lead to 3365 or higher, a simple close H4 below 3320 can lead to 3295. Currently trap price in a range, really dont want to do anything. Range keep continue smaller, contraction now appear, ready for expansion

Previous support become resistance on 1 min tf. Then stop hunts or manupulation whatever before moving down.
T

did u also survive that buddy

No. re entered again. I should give 50pips stops. always taken out .

adding more while its moving to make it back.
Most of the times it works.
Some days will have to bite bullet.
Oh yeah blown multitude of accounts in the past.

XAUUSD (Gold) Daily Technical Analysis – July 16, 2025
Timeframe: M30
Current Price: 3339.66
Bias: Neutral-to-Bearish
Key Focus: Breakout or Rejection at Resistance Zone


Market Overview:
Gold (XAUUSD) is currently trading around 3339 after a volatile session over the last few days. Price has formed a double-top structure near 3368 and rejected sharply, indicating seller dominance around that level. A series of lower highs is also visible on the M30 chart, suggesting weakening bullish momentum.


Technical Levels to Watch:
Major Resistance Zone: 3358 – 3368
Minor Resistance: 3348
Current Zone: 3339
Immediate Support: 3325
Strong Support Zone: 3305 – 3310

Trade Setup Ideas for Today:
Sell Setup:
> Sell Limit: 3348 – 3355
Target 1: 3325
Target 2: 3308
Stop Loss: 3365
Reason: Price is retesting the previous supply zone. A bearish engulfing or pin bar in this area will confirm seller strength. Use confirmation candlestick patterns on M15-M30 before entering.


Buy Setup (Only if breakout happens):
> Buy Stop: Above 3368 (after 15min candle close)
Target 1: 3382
Target 2: 3395
Stop Loss: 3350
Reason: Clean breakout and retest of 3368 level can invite bulls again. Volume and momentum must support the breakout.


Summary:
We are currently at a decision zone. Market is likely to reject from 3348–3355 for a short-term sell opportunity unless we see a strong breakout above 3368. Watch price action closely in that area.

sorry man.......my sl was 3344.50....i always got taken out by spread man....soo this time i was like nah...ill put it above just a little

My stops are now at 3346. possible spike towards 3345.

happy to take small losses, just don't want to miss the move FOMO lol!

KEY WORD"IN THE PAST"...nice

With 3 months in this range, it's becoming polluted with support and resistance zones. It would be refreshing if we move away from here, up or down.

Long currently at 3325 with TP at 3363. Slow but steady.

Maybe a short opportunity