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 reclaims its footing as Oil retreat blunts Fed shock
Gold (XAU/USD) price extends its gains on Friday, edging up 0.89% as Oil prices eased despite renewed concerns of supply shortages and despite a week that featured a rate hike by the Federal Reserve (Fed), which pushed the yellow metal to a nearly two-month low of $4,235. XAU/USD trades at $4,379 at the time of… Read more: Gold reclaims its footing as Oil retreat blunts Fed shock - Gold advances to fresh weekly top; eyes $$4,400 as softer US bond yields cap USD gainsGold (XAU/USD) attracts some follow-through buying for the second straight day and touches a fresh weekly high heading into the European session on Friday. US bond yields retreated further from multi-year highs as the recent pullback in crude oil prices helped alleviate immediate fears of runaway inflation. This, in turn, caps gains for the US… Read more: Gold advances to fresh weekly top; eyes $$4,400 as softer US bond yields cap USD gains
- Gold shrugs off Fed hike as falling yields reopen path to $4,400Gold (XAU/USD) rallies on Thursday, up by more than 2% as investors digest the latest rate hike by the Federal Reserve (Fed), while a fall in Oil prices pushed the US Dollar and US yields lower. The XAU/USD pair trades at $4,361, clearing a key technical resistance level at the 100-day Simple Moving Average (SMA)… Read more: Gold shrugs off Fed hike as falling yields reopen path to $4,400
- Euro: Fair value falls on oil and Fed pressure against US Dollar.
Francesco Pesole at ING highlights that EUR/USD has broken lower after a more hawkish‑than‑expected Federal Reserve meeting, with the two‑year swap differential at its widest since July. Despite some support from the ECB’s stance, higher Oil prices have dragged ING’s short‑term fair value estimate for EUR/USD down to 1.150, leaving downside risks in place until… Read more: Euro: Fair value falls on oil and Fed pressure against US Dollar. - Gold: Higher yields cap recovery prospects – OCBCOCBC strategist Christopher Wong reports that Gold reversed lower after the FOMC as a stronger US Dollar (USD) and rising United States (US) yields weighed on sentiment, with the 2-year near 4.75% and the 10-year around 5%. He argues elevated yields and a firm Dollar may cap Gold in the near term, but says the… Read more: Gold: Higher yields cap recovery prospects – OCBC
Free Forex Signals 
Leave a comment