Xauusd on Thursday
XAUUSD FORECAST THURSDAY 31/07/2025 in 1500 characters
The XAU/USD (Gold/US Dollar) forecast for Thursday, July 31, 2025, suggests a complex market influenced by technical and fundamental factors. As of July 31, 2025, gold prices are around $3,301.68, reflecting a 0.67% daily increase but a 1.25% monthly decline. Technical analysis indicates a neutral to bearish short-term outlook. The price has tested resistance at $3,350, forming a symmetrical triangle, with potential for a breakout either way. Support lies at $3,282–$3,296, while resistance is at $3,365–$3,370. A bearish scenario could see prices drop to $3,250 if support breaks, driven by a stronger US dollar and high bond yields. Conversely, a bullish move toward $3,336.39 is possible if prices hold above $3,300, supported by demand at key levels.Fundamentally, gold faces pressure from Donald Trump’s protectionist policies and new US import tariffs, alongside the Federal Reserve’s decision to maintain interest rates, as noted in recent FOMC minutes. Strong US economic data, like June’s non-farm payrolls, further weighs on prices. However, gold’s safe-haven appeal could strengthen if geopolitical tensions escalate or the Fed signals a dovish shift. Analysts predict prices may reach $3,513–$3,634 by year-end, with some optimistic forecasts at $3,653.60. Short-term volatility is expected, with daily indicators suggesting a “Sell” on the D1 timeframe but a “Buy” on the W1 timeframe. Traders should monitor US economic reports and geopolitical developments closely.
- Pound Sterling revisits weekly low against US Dollar ahead of US NFP data
The Pound Sterling (GBP) trades near its weekly low around 1.3420 against the US Dollar (USD) during the European trading session on Friday. The GBP/USD pair is under pressure as the US Dollar rallies further ahead of the United States (US) Nonfarm Payrolls (NFP) data for December, which will be published at 13:30 GMT. During… Read more: Pound Sterling revisits weekly low against US Dollar ahead of US NFP data - GBP/USD Price Forecast: Remains below 1.3450, nine-day EMA
GBP/USD remains subdued for the fourth consecutive day, trading around 1.3430 during the Asian hours on Friday. The momentum indicator 14-day Relative Strength Index (RSI) at 51.9 is neutral, reflecting slower momentum after firm recent readings. An RSI drop back beneath 50 would strengthen the case for a deeper pullback. The GBP/USD pair straddles the… Read more: GBP/USD Price Forecast: Remains below 1.3450, nine-day EMA - Gold trades on the back foot as a firmer US Dollar weighsVishal ChaturvediFXStreet Gold (XAU/USD) remains under pressure on Thursday, with prices extending their pullback for a second consecutive day as bullish momentum fades following a rejection near the $4,500 psychological barrier. At the time of writing, XAU/USD trades near $4,425, down nearly 0.60%. The loss of upside traction has encouraged modest profit-taking, while a steady… Read more: Gold trades on the back foot as a firmer US Dollar weighs
- FREE Forex signal for Thursday 08/01/2026
GBPUSD sell 1.34600 TP 1.34450 TP 1.34400 TP 1.34350 Stop loss 1.35100 EURUSD BUY 1.16750 TP 1.16900 TP 1.16950 TP 1.17000 Stop loss 1.16250 EURJPY sell 182.950 TP 182.850 TP 182.800 TP 183.750 Stop loss 183.450 GBPJPY sell 210.750 TP 210.600 TP 210.550 TP 210.500 Stop loss 211.250 AUDUSD SELL 0.67000 TP 0.66900 TP 0.66850… Read more: FREE Forex signal for Thursday 08/01/2026 - Gold eases below $4,500 as markets turn cautious ahead of US dataGold (XAU/USD) trades on the back foot on Wednesday as selling pressure emerges near the $4,500 psychological mark, prompting mild profit-taking at elevated levels. At the time of writing, XAU/USD is trading around $4,452, down nearly 0.90% on the day, as traders reposition ahead of US economic releases due later in the American trading session.… Read more: Gold eases below $4,500 as markets turn cautious ahead of US data
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