Is This the Last Dip Before Gold Explodes Past 3,500? [Weekly XAU/USD Analysis + Forecast + Trading Playbook]
Hello, fellow traders!
Gold kicked off the week with a solid jump — up almost 3% — thanks to rising geopolitical fears. Tensions flared with missile strikes near Israel and growing India-Pakistan conflict, which sparked safe-haven buying.
But hopes for progress in U.S.-China trade talks and the Fed keeping rates unchanged pushed the dollar higher mid-week, putting pressure on Gold.
Now all eyes are on next Tuesday’s U.S. CPI report. If inflation comes in hot, the dollar likely strengthens and Gold could take a hit. A cooler number would likely help Gold bounce.
Geopolitical risks are still in play — any sudden flare-up in the Middle East or South Asia could quickly bring buyers back to Gold.
🔥 In this week’s premium market breakdown:
Interpret hidden TA signals before they hit the headlines: Pro breakdown of charts with key price action, structure, and warning signals.
Exact price zones to act on: Get clear entries, exits, and invalidation zones, so you can trade with structure.
Trade setups that deliver: High-probability scalping and swing trade ideas with clear take-profit and stop-loss levels.
Global macro gist: Spot which headlines matter for Gold, and which are just noise and understand how real-world policy is shaping the charts.
Sentiment shifts: Decode what the biggest traders in the world are doing right now and how their moves will shape next week’s volatility.
Intermarket intelligence: See how Gold is stacking up against Bitcoin, crude oil, equities, and global yields - understand correlations, breakouts, and capital rotations.
📊 Let’s look at the technical data
📅 Current Price: 3,325.390
Long-term bias: 🔴 bearish
Still stuck inside the corrective (b) → (c) leg.
3,435 rejection at the 0.782 fib confirms this is a fake-out, not a breakout.
Gold Spotter: Pegged basket crawled back to ~37—still weak. Exotics basket still bleeding → EMFX pressure. No macro trend shift unless we see both lines cross above 50 with conviction.
Momentum: Daily Stoch RSI and MFI limp; Fisher-9 just brushing the signal line. Weak bounce attempt, no authority.
Bias holds bearish unless Gold closes above
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