Technical Analysis (Gold) : XAU/USD 7 August 2025
7 August 2025 Analysis (Technical Analysis)XAU/USD (Gold)
Forex Technical Analysis : XAUUSD (Gold)
Date : 7 August 2025
Momentum : Up
First Scenario : long positions above 3,374.91 with targets at 3,390.49, 3,402.56 and 3,416.39
Second Scenario : short positions below 3,374.91 with targets at 3,358.25, 3,350.01 and 3,341.18
Comment : There is no clear trend in the price movement.
Supports and resistances :
3,416.39 **
3,402.56 *
3,390.49
3,378.55 - Last price
3,358.25
3,350.01 *
3,341.18 **
Warning : This information is not a buy-sell signal.
