Technical Analysis (Gold) : XAU/USD 16 July 2025

Forex Technical Analysis : XAUUSD (Gold)

Date : 16 July 2025

Momentum : Up

First Scenario : long positions above 3,331.96 with targets at 3,341.00, 3,352.16 and 3,360.40

Second Scenario : short positions below 3,331.96 with targets at 3,323.75, 3,318.27 and 3,310.15

Comment : There is no clear trend in the price movement.

Supports and resistances :

3,360.40 **
3,352.16 *
3,341.00
3,334.31 - Last price
3,323.75
3,318.27 *
3,310.15 **

Warning : This information is not a buy-sell signal.