17 July, 2025 The full technical and fundamental analysis for XAUUSD (Gold/USD) based on chart and market context today:
🟡 1. Market Direction Today: BUY or SELL?
➡ Current Trend: Downtrend (Bearish Bias)
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Multiple Break of Structure (BOS) to the downside
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Change of Character (CHoCH) confirming bearish structure
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Price is heading toward a strong Demand Zone
🔍 Conclusion: Focus on SELL continuation, but prepare for a potential BUY if price reacts strongly from the Demand Zone.
🟡 2. Where Are Big Players Waiting to BUY/SELL?
🔵 Buy Zone (Demand Zone):
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3,310 – 3,290
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3,285 – 3,275 (Strong Low area)
📌 Reasons:
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Clean imbalance (FVG) and demand zone
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Previous accumulation and BOS confirmed
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High probability area for Smart Money to add long positions
🔴 Sell Zone (Supply Zone):
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3,355 – 3,375
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3,345 – 3,350 (Lower reaction zone)
📌 Reasons:
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Liquidity sweep area before previous drop
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Supply zone with bearish reaction history
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Potential distribution zone for Smart Money
🟡 3. Key Support and Resistance Zones
| Type | Price Range |
|---|---|
| 🔵 Support | 3,310 – 3,290, 3,275 |
| 🔴 Resistance | 3,345 – 3,375 |
🟡 4. News and Fundamentals Affecting Today
📰 Key Events for July 17, 2025:
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USD Retail Sales m/m
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FOMC Member Speeches
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Global Gold Demand Reports (e.g., China or BRICS updates)
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Any unexpected geopolitical tensions or inflation data
➡ These events can trigger volatility in Gold price movement.
🟡 5. Smart Money Strategy in Use
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Currently using Break of Structure + Pullback + FVG strategy
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Accumulating near demand zones (to go long)
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Distributing near supply zones (to go short)
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Smart Money prefers reactive entries around imbalance or order blocks
🟡 6. Recommended Pending Orders (Entry Idea)
✅ Buy Setup
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Entry: 3,300
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Stop Loss (SL): 3,275
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Take Profit (TP):
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TP1: 3,343
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TP2: 3,355
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TP3: 3,375
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✅ Sell Setup
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Entry: 3,345
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Stop Loss (SL): 3,355
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Take Profit (TP):
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TP1: 3,320
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TP2: 3,300
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🟡 Additional Technical Indicator Signals
| Indicator | Signal |
|---|---|
| RSI | Near oversold (~30) – favors a possible bounce from demand |
| MACD | Bearish but weakening momentum |
| Structure | Bearish CHoCH → BOS confirms continuation unless price reacts to key demand |
✅ Entry Tips for Today:
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If price touches 3,300 and forms bullish engulfing → consider BUY
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If price reaches 3,345 and rejects with wick and volume → consider SELL
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