๐Ÿ“ˆ XAUUSD Market Analysis

2025-07-24 | Neutral/Bullish

TREND
NEUTRAL

Good day traders,

XAUUSD remains range-bound between 3,300 and 3,400 amid subdued momentum and declining volume, suggesting a neutral bias. Key support at 3,320/3,300 and resistance at 3,400/3,425 should guide short-term trades.

Watch U.S. CPI (Aug 12), FOMC minutes, and DXY moves as primary catalysts over the next 24-48 hours.

Risk level: Medium.

Whatโ€™s the market sentiment?

  • Fear & Greed: 38/100

  • VIX: 22.5

  • DXY: 103.2

  • 10Y Yields: 4%

Breaking News & Market News

Fed Minutes Show Divided Vote Over Policy Direction
The July FOMC minutes revealed a split among members on future rate moves, suggesting a potential pause in tightening.

Impact: HIGH

U.S. Pending Home Sales Fall
June pending home sales drop 1.5%, highlighting continued housing sector weakness, dampening recession fears.

Impact: LOW

China Manufacturing PMI Slumps in July
Preliminary data showed China's manufacturing PMI fell to 49.5, indicating contraction and potential demand headwinds for commodities.

Impact: HIGH

Middle East Tensions Spike Amid Gaza Violence
Renewed clashes in Gaza have elevated geopolitical risk, boosting safe-haven demand for gold.

Impact: MEDIUM

Key Economic Indicators

Consumer Price Index (CPI)
3.1%
+0.1%

Producer Price Index (PPI)
2.8%
+0.2%

Non-Farm Payrolls
218K
+10K

Real Interest Rates
1.20%
+0.05%

PCE Price Index
3.8%
+0.1%

Initial Jobless Claims
255K
+5K

Central Bank Policy Overview

Global Interest Rate Environment

Federal Reserve (USD)
5.50%

European Central Bank (EUR)
4%

Bank of England (GBP)
5.25%

Bank of Japan (JPY)
0.10%

Technical Analysis

Daily Timeframe Analysis

Gold consolidates in a neutral range between 3,300โ€“3,400 with mild bullish bias as +DI (22.1) sits above โ€“DI (19.7) but ADX (11.3) signals a weak trend. RSI (49.5) and declining volume corroborate the sideways market. Multiple Doji near 3,340 reflect indecision. Key zones at 3,320/3,300 (support) and 3,400/3,425 (resistance).

Key Support
$3,320 / $3,300

Key Resistance
$3,400 / $3,425

Correlation Analysis

Asset

Correlation

Impact

US Dollar Index (DXY)

-0.78

Strong Negative

10-Year Treasury

-0.42

Moderate Negative

S&P 500

+0.30

Mid Positive

Bitcoin

+0.20

Neutral

Institutional Flow Analysis

GLD ETF Flows (5D)
30M
+5M

IAU ETF Flows (5D)
15M
+2M

Central Bank Purchases
50T oz
Monthly

COT Net Long Position
180K
+10K

Key Events This Week

2025-08-01 - FOMC Rate Decision
The Fedโ€™s rate decision and statement will guide market expectations on monetary policy.

HIGH IMPACT

2025-08-01 - US Non-Farm Payrolls
Jobs data release could move USD and gold volatility.

HIGH IMPACT

2025-08-03 - China Caixin PMI
Manufacturing PMI from Caixin to indicate China economic momentum.

MEDIUM IMPACT

Where we trade now:

๐Ÿ“Š CFD Prop Firm: FunderPro (Code: FELIX)

๐Ÿ“ˆ Futures Prop Firm: FunderPro Futures (Code: FELIX)