Gold’s Grand Adventure: Will XAUUSD Hit 3440? 🤑✨

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Ah, dear reader, as we mused in the previous weekly forecast—yes, that one where gold played coy with sellers—it seems the yellow metal has now donned its bullish cloak and is strutting about like a peacock at a garden party. Sellers? Trapped. Buyers? Thrilled. And thus begins our tale of XAUUSD’s latest escapade.

$3357, you sly fox, was the pivot point everyone whispered about. Gold didn’t just tiptoe past it; no, it smashed through like an overzealous opera singer hitting high notes. Now, here we are, trading above it with all the confidence of a cat lounging on a windowsill.

Table of Contents

The bias for gold this week leans toward buying, though if mid-week arrives and suddenly shifts gears again, well, wouldn’t that be delightfully unpredictable? Let us now journey into the labyrinthine world of key pivot levels for gold buying and selling in this XAUUSD forecast from July 21st to July 25th, 2025.

Key Economic Events of This Week

Oh, brace yourselves, for some significant U.S. economic reports loom large on the horizon, ready to stir the cauldron of XAUUSD volatility. Shall we begin?

Thursday, July 24 – Unemployment Claims

Behold! The labor market reveals its frailties, with jobless claims soaring higher than expected (228K vs. 221K). Ah, but fear not, for such weakness could spell monetary easing—a potential dagger to the heart of the USD and a golden opportunity for gold prices to ascend. 🪙📈

Thursday, July 24 – Flash Manufacturing PMI & Flash Services PMI

Manufacturing PMI, alas, took a modest tumble (52.7 vs. 52.9), leaving investors clutching their pearls. If Flash Services PMI follows suit, gold may shine brighter than ever as a safe-haven asset while the USD wilts under pressure. But wait! A surge in unemployment claims might throw a wrench into the works, offering gold some short-term support. How delightfully chaotic!

Gold HTF Overview

And so, the monthly saga continues unchanged. Gold marches steadfastly toward the $3435 level, after which—who knows? Perhaps bearish momentum shall rear its grumpy head once more. Until then, dear friends, expect gold to remain bullish, basking in the glow of its monthly time frame triumphs.

Gold Forecast for July 21st to July 25th, 2025

Now, let us turn our gaze to the 4-hour chart, where two zones beckon buyers like sirens calling sailors to rocky shores. The first, nestled between $3344-3333, whispers promises of testing and flying upward to $3377 and beyond. Fancy that!

But ah, what if gold decides to indulge in a deeper retracement? Fear not, for the $3308-3383 zone awaits—a veritable treasure trove of swing lows, OBs, and FVGs ripe for buying. Truly, the stuff dreams are made of.

For those inclined toward selling, the 1-hour chart presents a clear supply candle at $3380-3394. Swing highs, selling pressure—what more could a trader ask for?

Trading Strategies & Investment Recommendation

To distill this cacophony of possibilities: gold offers both buys and sells this week. Lower time frames whisper “sell,” while higher ones shout “buy!” It’s almost poetic, isn’t it?

Resistance Levels

  • $3380-3394 – 1h supply zone and swing high (the Everest of selling opportunities)

Support Levels

  • $3344-3333 – 4h OB and support (where buyers gather courage)
  • $3308-3383 – 4h swing low, OB, and FVG (the promised land of bullish dreams)

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2025-07-21 17:29