empty
02.07.2025 06:58 PM
Trading Signals for GOLD (XAU/USD) for July 2-8, 2025: buy above 3,325 (21 SMA - 200 EMA)

This image is no longer relevant

Gold is trading around 3,346, bouncing off the 200 EMA and around the top of the downtrend channel. This has become a support.

Gold could be preparing for a new bullish sequence, so as the price consolidates above 3,325 or 3,312. Any technical rebound will be seen as a buying signal, with a short-term target at 8/8 Murray, located at 3,437.

At current price levels, we could look for buying opportunities. However, we must keep in mind that 7/8 Murray represents resistance, and it is likely that gold could correct again after reaching this level.

A consolidation above 3,360 on the H4 chart could lead to a new bullish cycle. Hence, the instrument coud quickly reaching the 8/8 Murray at 3,437.

The Eagle indicator is showing a positive signal, so any pullback will be seen as a buy signal as long as the price remains above both moving averages.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Forecast for EUR/USD on July 10, 2025

On Wednesday, the EUR/USD pair continued to move along a trajectory known only to itself. The 127.2% Fibonacci correction level at 1.1712 was once again ignored by traders. I still

Samir Klishi 12:21 2025-07-10 UTC+2

Forecast for GBP/USD on July 10, 2025

On the hourly chart, the GBP/USD pair continued its upward movement on Wednesday after rebounding from the 127.2% Fibonacci corrective level at 1.3527. The rebound was precise, leading

Samir Klishi 10:35 2025-07-10 UTC+2

GBP/JPY. Analysis, Forecast, and Current Market Situation

On Thursday, the GBP/JPY pair is regaining upward momentum and shows readiness for further growth. The formation of an ascending channel confirms the stability of the bullish trend. During

Irina Yanina 10:22 2025-07-10 UTC+2

If the resistance level of 0.7964 holds back its upward movement, USD/CHF has the potential to weaken on Thursday, July 10, 2025.

USD/CHF, Thursday, July 10, 2025 In addition to rumors of a planned Fed interest rate cut and falling US government bond yields, USD/CHF weakened today. Key Levels 1. Resistance

Arief Makmur 06:47 2025-07-10 UTC+2

Cable has the potential to test its Pivot and Support 1 levels in the near future, Thursday, July 10, 2025.

GBP/USD, Thursday, July 10, 2025. Rumors of the Fed's future dovish policy have created negative sentiment towards the USD, potentially helping the pound sterling strengthen again today. Key Levels

Arief Makmur 06:47 2025-07-10 UTC+2

EUR/USD Forecast for July 10, 2025

Markets continue to test risk-on strategies—yesterday, the S&P 500 rose by 0.61%, oil slipped by 0.22%, and the euro declined by just 4 points, which, given the low daily volatility

Laurie Bailey 06:14 2025-07-10 UTC+2

Trading Signals for GOLD (XAU/USD) for July 10-15, 2025: sell below $3,330 (21 SMA - 200 EMA)

If the bullish momentum prevails, we should buy gold above the 200 EMA located at 3,324. The outlook could be positive, with the price reaching 3,450 in the short term

Dimitrios Zappas 06:10 2025-07-10 UTC+2

Trading Signals for EUR/USD for July 10-15, 2025: sell below 1.1753 (200 EMA - +1/8 Murray)

Early in the European session, the euro is trading around 1.1737, above the 21 SMA and attempting to break the top of the downtrend channel formed since late June

Dimitrios Zappas 06:08 2025-07-10 UTC+2

GBP/USD Forecast for July 10, 2025

The British pound is slowly approaching the target resistance at 1.3635. A breakout above this level would open the way to the MACD line at 1.3705. This target is likely

Laurie Bailey 05:53 2025-07-10 UTC+2

AUD/USD Forecast for July 10, 2025

AUD/USDOn the daily chart, the Marlin oscillator continues its prolonged movement along the neutral zero line. As the price breaks through new local resistance or support levels, it encounters

Laurie Bailey 05:42 2025-07-10 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.