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.
- Gold Price Forecast: XAU/USD holds above $4.600 with all eyes on Fed Warsh’s speech
Gold (XAU/USD) trades practically flat for the second consecutive day on Friday, with the rejection from three-month highs near $4,700 hit earlier in the week contained at a previous resistance area, just below $4,600. Market volatility remains subdued on Friday, with investors focusing on Federal Reserve Chairman Kevin Warsh’s speech at the Jackson Hole Symposium,… Read more: Gold Price Forecast: XAU/USD holds above $4.600 with all eyes on Fed Warsh’s speech - Gold Price Forecast: XAU/USD resumes profit-taking pullback before Warsh’s Jackson Hole speechGold is back in the red below $4,600 early Friday, resuming its corrective decline from 15-week highs of $4,697 earlier this week. Gold’s fate hinges on Warsh’s words Gold bulls are consolidating the upside, awaiting Federal Reserve (Fed) Chairman Kevin Warsh’s debut at the annual Jackson Hole Symposium. In doing so, traders are continuing to… Read more: Gold Price Forecast: XAU/USD resumes profit-taking pullback before Warsh’s Jackson Hole speech
- EUR/USD Price Forecast: Buyers remain in charge above the 200-day SMA
EUR/USD is virtually unchanged on Thursday, with price action settling into consolidation after the pair climbed to a three-month high of 1.1711 earlier this week. The near-term fundamental and technical backdrop continues to favour the Euro, although momentum indicators are showing early signs of cooling as the pair attempts to build a base just above… Read more: EUR/USD Price Forecast: Buyers remain in charge above the 200-day SMA - Gold Price Forecast: XAU/USD hits lows sub-$4,600 as US inflation supports the GreenbackGold (XAU/USD) is giving away the mild recovery seen during Thursday’s Asian session and pulls back below $4,600 during the European morning, as the US Dollar Index (DXY) consolidates above 99.00. A cautious market sentiment ahead of the Jackson Hole symposium and the hot US inflation figures seen on Wednesday have provided some support to… Read more: Gold Price Forecast: XAU/USD hits lows sub-$4,600 as US inflation supports the Greenback
- Euro: Rally stalls against US Dollar as spreads drive trade.Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is slightly softer versus the Dollar, with its late-July rally stalling as price action mirrors yield spreads. Markets still price a hawkish European Central Bank (ECB) path, with about 24 bps of tightening expected in September and 40 bps by year-end. Sentiment remains constructive,… Read more: Euro: Rally stalls against US Dollar as spreads drive trade.
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