Greetings dear traders, Today we are here with XAU/USD (Gold) Trading Signal & Analysis. Let’s delve into the analysis without further delay.
Gold Price Forecast: Will XAU/USD break the all-time high?
XAU/USD prices have regained bullish momentum after a period of correction, supported by strong fundamental flows. According to the latest World Gold Council (WGC) data, Gold ETFs saw a net inflow of 75 tons in June, marking a clear return to demand from institutional and retail investors alike. This renewed appetite for gold supports the broader bullish narrative and is reflected in the technical setup unfolding on the chart.
On the 4-hour timeframe, XAU/USD has completed a classic double bottom pattern, a reliable bullish reversal formation. This pattern formed after gold’s corrective slide found strong buying interest near the 3260–3280 zone. Buyers stepped in forcefully, driving price back up toward the 3375 resistance level, which has now become a critical neckline for the pattern.
A successful breakout and consolidation above 3375 would confirm this double bottom pattern, signaling a potential shift in market structure back to bullish dominance. The measured move from the height of the pattern points to an upside target around 3445, aligning with historical supply zones that could act as the next liquidity pool.
Additionally, the price action shows a series of higher lows as gold recovered, supporting the emerging uptrend. The 50-period moving average is flattening, suggesting momentum is ready to tilt upward if resistance gives way.
XAU/USD Trading Strategy
✅ Entry Idea: Go long only on a confirmed break and close above 3375.
🎯 Target Price: 3445.
🛑 Stop-Loss Idea: Below recent swing lows (e.g., ~3340 for tight risk).
This approach lets traders capitalize on the double bottom breakout while keeping risk well-defined.
XAU/USD Fundamental Context
Gold’s strength isn’t just technical. The pickup in ETF demand shows investors are hedging against macroeconomic uncertainties and potential central bank easing. Continued demand for gold as a safe-haven asset could provide the fundamental fuel to push prices toward the 3445 target and beyond.
Gold Final Thoughts
Traders should watch the 3375 level closely. A clean breakout could open the door to a strong rally toward 3445.
📈 Are you ready to trade this move?
❤️ Smash the like if you’re bullish on XAUUSD!
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