Core Viewpoint - The gold market has experienced a decline for three consecutive days, raising questions about when it will find a bottom and what resistance levels need to be broken for a bullish reversal [1] Group 1 - Gold has faced a downward trend for three days, indicating potential volatility in the market [1] - The evening trading session will require bullish momentum to overcome specific resistance levels for a rebound [1]

Group 1 - The article discusses the recent decline in gold prices and questions the duration of this extreme market behavior [1] - It highlights the ongoing analysis and live commentary provided by a researcher named Steven, indicating a focus on market trends and potential price targets for gold [1]

Group 1 - The core viewpoint indicates that the gold market is experiencing a downturn, with prices expected to consolidate below $3,400 in the short term, influenced by upcoming significant U.S. economic data releases [1][2] - On July 24, gold prices fell sharply, closing down $44.44 or 1.3% at $3,387.22 per ounce, primarily due to reports of the U.S. and EU nearing a tariff agreement, which diminished safe-haven demand [2] - The U.S. 10-year Treasury yield rose by 3.5 basis points to 4.384%, pushing the real yield to 1.994%, further suppressing gold prices [2] Group 2 - Investors are closely monitoring the upcoming U.S. initial jobless claims data, expected to be 227,000, and the durable goods orders month-on-month change, projected to drop from 16.4% in May to -10.8% [2] - The market is awaiting the release of the U.S. Purchasing Managers' Index (PMI) data, with expectations for the July Markit manufacturing PMI preliminary value at 52.6 and the services PMI at 53.0 [2] - Analysts suggest that if either PMI index falls below 50.0, indicating a contraction in economic activity, the U.S. dollar may weaken, potentially benefiting gold prices [2][3] Group 3 - Technical analysis shows that after reaching a five-week high of $3,438, gold prices reversed and fell to around $3,380, with the Relative Strength Index (RSI) indicating a weakening buying momentum [6] - If gold breaks above $3,400, the next resistance level is at the June 16 high of $3,452, with a further target towards the historical high of $3,500; conversely, if it remains below $3,400, it may test lower levels at $3,350 and subsequently the 20-day and 50-day moving averages at $3,343 and $3,338 respectively [6]

Group 1 - International gold is currently trading around $3420.59, with a slight decline of 0.25% as of the latest report, indicating a short-term bearish trend [1] - The highest price reached was $3438.54, while the lowest was $3420.49 during the trading session [1] - Technical analysis shows that gold has broken through the $3400 resistance level, confirming a bullish breakout from a symmetrical triangle pattern [3] Group 2 - The upcoming third round of US-China trade talks is scheduled for next week in Stockholm, aiming to postpone the tariff deadline of August 12 [2][3] - The Swedish Prime Minister confirmed the significance of these talks for both US-China relations and global trade and economy [3] - Current market conditions suggest that if gold can maintain above the $3451.53 level, it may target historical highs around $3500, especially in light of dovish comments from Powell [3]

Group 1 - The article highlights that the current week is significant for economic data, referred to as a "super data week" which may impact gold market trends [1] - It emphasizes the importance of real-time analysis of gold order flows to identify potential entry signals for investors [1]

Group 1 - The core viewpoint of the article indicates that gold prices are on the rise, with bullish sentiment targeting a price level of 3400 [1] - The article suggests that market participants should consider their strategies for the upcoming week in light of the ongoing upward trend in gold prices [1]

Group 1 - The article discusses Trump's strategies to maintain the U.S.'s dominant position globally, including leveraging Ukraine in negotiations with Russia and imposing trade tariffs on allies [1][2] - Trump's approach includes pressuring the Federal Reserve to lower interest rates, arguing that current inflation concerns are unfounded and that lowering rates would benefit the economy [2] - The article highlights the internal political dynamics, including Trump's conflict with former ally Mike Pence and the formation of the "American Party" [1] Group 2 - The analysis of gold market trends indicates a recent decline, with specific price points such as $3310 being critical for determining market direction [3][5] - The article emphasizes the importance of market timing and price levels, suggesting that traders should focus on directional trends rather than just price positions [5] - Key resistance and support levels for gold are identified, with $3310 serving as a pivotal point for potential trading strategies [5]

Core Viewpoint - The article discusses the ongoing bearish trend in the gold market and questions whether the market can stabilize during the U.S. trading session [1] Group 1 - The current gold market is experiencing a downward trend, with short positions continuing to explore lower levels [1] - There is uncertainty regarding the potential for the gold market to enter a phase of consolidation or recovery [1]

Group 1 - International gold is currently trading around $3342.16, with a slight increase of 0.47% from the previous session, indicating a short-term oscillating trend [1] - The recent daily candlestick pattern shows a bearish engulfing formation, suggesting a potential short-term correction after a three-day bullish trend, with market focus on the closing price today [2] - The 4-hour analysis indicates gold is consolidating between $3365 and $3311, with Bollinger Bands tightening, and the absence of U.S. market activity today may lead to a range-bound movement [3] Group 2 - The market is signaling a potential interest rate cut, as indicated by the two-year U.S. Treasury yield being perceived as too high, with commentary suggesting that the current economic conditions may warrant a reassessment of rates [2] - The focus on the mid-band level of $3350 is crucial for determining future bullish momentum, with a closing above this level suggesting further upward movement [2] - Support levels are identified at $3322-$3311, while resistance is noted at $3350-$3360, guiding short-term trading strategies [3]

Core Insights - The article discusses the impact of Powell's congressional testimony on gold market trends and order flow analysis [1] Group 1: Market Analysis - Powell's upcoming testimony is expected to influence gold prices and market sentiment [1] - Real-time order flow analysis is being conducted to assess potential market movements in gold [1]