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.
- GBP/JPY Price Forecast: Yen gains on intervention fears, but uptrend remains intact
The British Pound (GBP) weakens against the Japanese Yen (JPY) on Thursday as the Yen outperforms most of its major peers amid intervention warnings from Japanese authorities, with USD/JPY trading close to the 160.00 level. At the time of writing, GBP/JPY is trading around 215.27, easing from an intraday high of 215.74. Japan’s Finance Minister… Read more: GBP/JPY Price Forecast: Yen gains on intervention fears, but uptrend remains intact - GBP/JPY Price Forecast: Yen gains on intervention fears, but uptrend remains intactThe British Pound (GBP) weakens against the Japanese Yen (JPY) on Thursday as the Yen outperforms most of its major peers amid intervention warnings from Japanese authorities, with USD/JPY trading close to the 160.00 level. At the time of writing, GBP/JPY is trading around 215.27, easing from an intraday high of 215.74. Japan’s Finance Minister… Read more: GBP/JPY Price Forecast: Yen gains on intervention fears, but uptrend remains intact
- Gold retains negative bias near $4,700, ascending channel support on firmer USD
Gold (XAU/USD) sticks to intraday losses through the Asian session on Thursday, albeit it continues to show some resilience below the $4,700 mark. The US Dollar (USD) gains positive traction for the third straight day as signs of friction between the US and Iran remained due to the American naval blockade of Iranian ports. Furthermore,… Read more: Gold retains negative bias near $4,700, ascending channel support on firmer USD - Gold trades range-bound after bounce from weekly low as US-Iran uncertainty persists
Gold (XAU/USD) trims earlier gains on Wednesday as traders remain cautious amid ongoing uncertainty around the US-Iran conflict, despite US President Donald Trump extending the ceasefire with Iran just hours before it was due to expire. At the time of writing, XAU/USD is trading around $4,735, holding above a one-week low of $4,668 touched on… Read more: Gold trades range-bound after bounce from weekly low as US-Iran uncertainty persists - Free forex signals for Tuesday 21/04/2026EURUSD SELL 1.17850 Tp 1.17700 Tp 1.17650 Tp 1.17600 Stop loss 1.18350 GBPUSD SELL 1.35200 Tp 1.35100 Tp 1.35050 Tp 1.35000 Stop loss 1.35700 EURJPY BUY 187.000 Tp 187.250 Tp 187.300 Tp 187.350 Stop loss 186.500 GBPJPY buy 214.800 Tp 214.900 Tp 214.950 Tp 215.000 Stop loss 214.300 AUDUSD SELL 0.71750 Tp 0.71600 Tp 0.71550… Read more: Free forex signals for Tuesday 21/04/2026
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