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- 📈 XAUUSD Market Analysis
📈 XAUUSD Market Analysis
2025-07-29 | Neutral
Felice
July 29, 2025
TREND
NEUTRAL
Good day traders,
Gold (XAUUSD) remains range-bound between $3,300–$3,400, supported by moderating Treasury yields and mixed Fed policy signals. Key catalysts include upcoming US Q2 GDP data and the July FOMC meeting. Immediate bias is neutral, with resistance at $3,350 and support at $3,300. Volatility may pick up once major economic releases trigger directional conviction.
Risk level: Medium.
What’s the market sentiment?
Fear & Greed: 45/100
VIX: 16.5
DXY: 103.5
10Y Yields: 3.85%
Breaking News & Market News
Fed Officials Signal Rate Pause
Mixed Fed commentary suggests a likely rate hold in August, capping USD gains and bolstering gold support.
Impact: MEDIUM
China PMI Beats Expectations
July manufacturing PMI surprises to the upside, spurring risk-on flows and capping gold appeal.
Impact: LOW
Ukraine Tensions Flare
Renewed geopolitical risk in Eastern Europe drives safe-haven demand for gold.
Impact: HIGH
Key Economic Indicators
Consumer Price Index (CPI) | Producer Price Index (PPI) |
Non-Farm Payrolls | Real Interest Rates |
PCE Price Index | Initial Jobless Claims |
Central Bank Policy Overview
Global Interest Rate Environment
Federal Reserve (USD)
5.50%
European Central Bank (EUR)
4.50%
Bank of England (GBP)
5.00%
Bank of Japan (JPY)
-0.10%
Technical Analysis
Daily Timeframe Analysis
Gold has been consolidating between $3,300 and $3,400 since mid-April. Recent break below $3,335 lacks volume confirmation, RSI at 48 signals neutral momentum, +DMI above –DMI but ADX 21.8 indicates a weak trend. Watch $3,300 as critical support and $3,350 as first resistance on any rebound.
Key Support
$3,300 / $3,280
Key Resistance
$3,350 / $3,400
Correlation Analysis
Asset | Correlation | Impact |
US Dollar Index (DXY) | -0.75 | Inverse |
10-Year Treasury | -0.60 | Negative |
S&P 500 | +0.25 | Modest |
Bitcoin | +0.10 | Low |
Institutional Flow Analysis
GLD ETF Flows (5D) | IAU ETF Flows (5D) |
Central Bank Purchases | COT Net Long Position |
Key Events This Week
Jul 30 - US Q2 GDP Release
Q2 GDP at 2.2% expected; surprises could sway Fed outlook.
MEDIUM IMPACT
Aug 1 - FOMC Rate Decision
Fed likely to hold at 5.50%; forward guidance key.
HIGH IMPACT
Aug 13 - US CPI (Jul)
Inflation gauge to test Fed’s accommodation path.
HIGH IMPACT