Daily Price Outlook

- Bullish momentum above $2,907 could drive gold toward $2,956 and beyond.

- A break below $2,883 may trigger further downside pressure toward $2,859.

- The 50-day EMA at $2,906.78 acts as a dynamic support level for buyers.

Gold (XAU/USD) is currently trading at $2,915.74, struggling to maintain bullish momentum as it hovers near key support levels. The pivot point at $2,907.49 remains a critical threshold for determining the metal’s short-term trajectory.

The 50-day EMA at $2,906.78 suggests a near-term consolidation phase, with traders watching closely for a breakout or breakdown.

On the upside, a decisive push above $2,907 could strengthen bullish sentiment, paving the way for a move toward $2,956.85, the first major resistance level. If momentum persists, gold may extend its rally toward $2,978.40, with a further upside target at $2,996.71.

Conversely, failure to hold above $2,907 could expose the market to downside risks. Immediate support sits at $2,883.16, and a sustained drop below this level may accelerate selling pressure toward $2,859.91, with deeper losses potentially testing the $2,832.63 level.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Buy Above 2907

Take Profit – 2950

Stop Loss – 2886

Risk to Reward – 1: 2

Profit & Loss Per Standard Lot = +$4300/ -$2100

Profit & Loss Per Mini Lot = +$430/ -$210

Daily Price Outlook

- GBP/USD remains bullish above $1.27752, targeting $1.28689 resistance.

- A drop below $1.26792 may shift sentiment, exposing $1.25663 support.

- 50-day EMA at $1.26605 provides a strong support base for buyers.

The GBP/USD pair is trading at $1.27896, holding onto slight gains as it tests key technical levels. The pivot point at $1.27752 is a crucial support zone, with buyers maintaining control above this threshold. The 50-day EMA at $1.26605 indicates a strong bullish foundation, reinforcing upward momentum.

If the pair breaks above $1.27740, bullish momentum could accelerate toward $1.28689, the first major resistance level. A breakout above this could extend gains to $1.29481, with a further bullish target at $1.30478, last seen during recent uptrends. Strong volume confirmation above $1.28701 would signal a continued bullish breakout.

On the downside, immediate support rests at $1.26792, with a break below this level likely shifting sentiment in favor of sellers. Further weakness could expose GBP/USD to $1.25663, and deeper losses could test $1.24667, where long-term buyers may step in.

The technical outlook favors a bullish stance, provided GBP/USD holds above the $1.27752 pivot. A confirmed break above $1.28689 could set the stage for further gains, while a drop below $1.26792 may trigger selling pressure.

GBP/USD - Trade Ideas

Entry Price – Buy Above 1.27740

Take Profit – 1.28701

Stop Loss – 1.27092

Risk to Reward – 1: 1.4

Profit & Loss Per Standard Lot = +$961/ -$648

Profit & Loss Per Mini Lot = +$96/ -$64

Daily Price Outlook

- EUR/USD remains bearish below $1.06351, with key support at $1.05614.

- A break above $1.06990 may shift momentum, targeting $1.07453 resistance.

- 50-day EMA at $1.04784 reinforces the broader downside trend.

The EUR/USD pair is trading at $1.06248, struggling to hold above key support levels as the U.S. dollar retains strength. The pivot point at $1.06351 is a crucial threshold, with the pair teetering just below it. The 50-day EMA at $1.04784 signals a bearish bias, suggesting further downside potential if sellers remain in control.

A break below $1.06344 could accelerate selling pressure, with immediate support at $1.05614 acting as the next key level. If the bearish momentum continues, EUR/USD could decline further toward $1.04962, with an extended downside target at $1.04448, marking a multi-week low.

On the upside, resistance remains firm at $1.06990, with a break above this level required for any meaningful recovery. If the pair manages to push higher, the next upside hurdles are $1.07453 and $1.08038, where sellers may re-emerge. However, given the current bearish sentiment, a sustained move above $1.06837 is required to shift momentum.

The technical landscape remains bearish, as long as EUR/USD trades below the pivot point at $1.06351. A confirmed break below $1.05614 could trigger further declines, while a push above $1.06990 would be needed to negate the bearish outlook.

EUR/USD - Trade Ideas

Entry Price – Sell Below 1.06344

Take Profit – 1.05608

Stop Loss – 1.06837

Risk to Reward – 1: 1.4

Profit & Loss Per Standard Lot = +$736/ -$493

Profit & Loss Per Mini Lot = +$73/ -$49

Daily Price Outlook

- Gold remains bearish below $2,893, with the 50-day EMA at $2,909 acting as strong resistance.

- Immediate support at $2,859—break below this level could accelerate selling toward $2,832.

- Sell positions below $2,893 remain favorable, with a stop-loss at $2,915 and profit target at $2,859.

Gold is trading at $2,887.61, facing downward pressure as it struggles below the pivot point of $2,893.92. The short-term technical setup suggests a bearish bias, with the 50-day EMA at $2,909.11 acting as immediate resistance.

A failure to reclaim this level could reinforce selling momentum, pushing prices toward the first support at $2,859.91, with further downside targets at $2,832.63 and $2,807.60.

On the upside, gold must break decisively above $2,893.92 to challenge resistance at $2,930.44, with a stronger rally possible toward $2,956.85 and $2,978.40 if buyers regain control.

However, given the metal’s inability to sustain gains above key moving averages, near-term risks remain skewed to the downside.

A sell strategy below $2,893 appears favorable, with a take-profit target at $2,859 and a stop-loss placed at $2,915. Traders should watch for price action near support levels, as increased volume around these zones could signal potential reversals.

If selling pressure intensifies, gold could extend its decline toward the $2,832 handle, reflecting broader weakness in the precious metals market.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Sell Below 2893

Take Profit – 2859

Stop Loss – 2915

Risk to Reward – 1: 1.5

Profit & Loss Per Standard Lot = +$3400/ -$2200

Profit & Loss Per Mini Lot = +$340/ -$220

Daily Price Outlook

- AUD/USD remains weak below $0.62494, with the 50-day EMA at $0.62496 acting as strong resistance.

- Immediate support at $0.61885—failure to hold could accelerate losses toward $0.61407.

- Buy positions above $0.61885 are favorable, with a take-profit target at $0.62499 and a stop-loss at $0.61529.

The Australian dollar is trading at $0.62062, slipping below its pivot point of $0.62494 as sellers maintain control. The short-term trend remains bearish, with the pair struggling to regain traction above key technical levels.

The 50-day EMA at $0.62496 is acting as immediate resistance, reinforcing the near-term downside risk. A failure to reclaim this level could extend losses toward the first support at $0.61885, with additional downside potential toward $0.61407 and $0.60880 if bearish momentum intensifies.

On the upside, a breakout above $0.62494 could trigger a move toward the first resistance at $0.63034, with further bullish targets at $0.63546 and $0.64064. However, sustained buying pressure is required to confirm a shift in momentum.

Given the recent weakness, traders may consider buying above $0.61885, targeting a move toward $0.62499, with a stop-loss set at $0.61529 to manage downside risk.

Market participants should monitor broader macroeconomic factors, including U.S. dollar strength and risk sentiment, which continue to influence AUD/USD.

Rising U.S. bond yields and Federal Reserve rate expectations may keep pressure on the pair, while any improvement in global risk appetite could provide support for the Australian dollar.

Technical traders should watch for increased volume near key support levels, as a bounce from $0.61885 could indicate renewed buying interest. However, a break below this level would expose AUD/USD to further downside, reinforcing the bearish outlook.

AUD/USD - Trade Ideas

Entry Price – Buy Above 0.61885

Take Profit – 0.62499

Stop Loss – 0.61529

Risk to Reward – 1: 1.7

Profit & Loss Per Standard Lot = +$614/ -$356

Profit & Loss Per Mini Lot = +$61/ -$35

Daily Price Outlook

- USD/CAD remains capped below $1.45201; a break lower could trigger selling toward $1.43964.

- The 50-day EMA at $1.44122 is acting as support—holding above it keeps bullish momentum intact.

- Short positions below $1.45190 are favorable, with a take-profit at $1.44178 and a stop-loss at $1.45861.

The U.S. dollar is holding firm against the Canadian dollar, trading at $1.44815, maintaining an upward bias but still below its pivot point of $1.45201.

The pair remains supported by the 50-day EMA at $1.44122, which has provided a near-term floor for buyers.

However, a failure to reclaim the pivot point could shift momentum lower, exposing USD/CAD to downside risks toward immediate support at $1.43964, followed by deeper levels at $1.43190 and $1.42453.

If bullish momentum persists, USD/CAD will need a decisive break above $1.45201 to test the first resistance at $1.45947. A stronger rally could extend gains toward $1.46429, with a more significant upside move targeting $1.47012.

However, recent price action suggests cautious trading, with selling pressure likely to emerge near resistance levels.

Traders may consider short positions below $1.45190, with a take-profit target at $1.44178 and a stop-loss at $1.45861 to manage risk. The U.S. dollar’s strength, largely driven by Federal Reserve rate expectations, remains a key factor in determining USD/CAD’s trajectory.

Meanwhile, oil price movements could influence the Canadian dollar, as stronger crude prices typically provide support for CAD, while weakness in energy markets could exacerbate downside risks for the loonie.

USD/CAD - Trade Ideas

Entry Price – Sell Below 1.45190

Take Profit – 1.44178

Stop Loss – 1.45861

Risk to Reward – 1: 1.5

Profit & Loss Per Standard Lot = +$1012/ -$671

Profit & Loss Per Mini Lot = +$101/ -$67

Daily Price Outlook

- GBP/USD remains bearish below $1.26228, with key resistance at $1.26896.

- The 50-day EMA at $1.26304 serves as a critical barrier for buyers.

- Sell entry below $1.26217, target $1.25363, stop-loss at $1.26894.

The GBP/USD pair is trading at $1.26002, down 0.01%, as the British pound struggles to hold ground against a resilient U.S. dollar. With the pair positioned just below the pivot point of $1.26228, the short-term outlook leans slightly bearish.

Immediate resistance is seen at $1.26896, followed by $1.27505 and $1.28060. A break above $1.26228 would shift sentiment bullish, with the 50-day EMA at $1.26304 acting as a key hurdle for buyers. However, sustained weakness below this level may reinforce further downside.

On the support side, $1.25586 serves as the first line of defense, with $1.25087 and $1.24528 providing deeper support zones. If the pair breaks below $1.25586, the decline could accelerate, potentially reaching the $1.25087 level, which aligns with previous consolidation areas.

From a technical perspective, the 50-day EMA at $1.26304 is acting as dynamic resistance. A sell entry below $1.26217 is favored, with a take-profit target at $1.25363 and a stop-loss at $1.26894 to cap risk.

GBP/USD - Trade Ideas

Entry Price – Sell Below 1.26217

Take Profit – 1.25363

Stop Loss – 1.26894

Risk to Reward – 1: 1.2

Profit & Loss Per Standard Lot = +$854/ -$677

Profit & Loss Per Mini Lot = +$85/ -$67

Daily Price Outlook

- Gold remains bearish below $2,867, with resistance at $2,888.58 and support at $2,845.19.

- The 50-day EMA at $2,894.43 signals continued selling pressure unless gold breaks higher.

- Short-term strategy: Sell below $2,866, target $2,845, stop-loss at $2,879.

Gold prices (XAU/USD) are hovering near $2,863.95, struggling to gain momentum as key resistance levels limit upside potential. The pivot point at $2,867.09 remains a crucial level—staying below this threshold reinforces a bearish short-term bias.

Technically, gold is facing immediate resistance at $2,888.58, with stronger hurdles at $2,906.26 and $2,930.44. A breakout above these levels could shift momentum bullish, but failure to clear $2,867.09 leaves gold vulnerable to further declines.

On the downside, immediate support lies at $2,845.19, followed by $2,829.07 and $2,810.89, areas that could attract buying interest if tested.

The 50-day EMA at $2,894.43 is acting as a dynamic resistance, suggesting continued selling pressure below this mark.

Short-term traders should monitor price action closely—a sell entry below $2,866 with a take-profit target of $2,845 appears viable, with a stop-loss at $2,879 to manage risk.

Given the ongoing macroeconomic uncertainty and Federal Reserve rate expectations, gold remains in a consolidation phase. A decisive move above resistance or below key support levels will likely determine its next direction.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Sell Below 2866

Take Profit – 2845

Stop Loss – 2879

Risk to Reward – 1: 1.6

Profit & Loss Per Standard Lot = +$2100/ -$1300

Profit & Loss Per Mini Lot = +$210/ -$130

Daily Price Outlook

- EUR/USD remains bullish above $1.03963, with key resistance at $1.04518.

- 50-day EMA at $1.04552 is a key hurdle for further upside momentum.

- Buy entry above $1.03958, target $1.04523, stop-loss at $1.03575.

The EUR/USD pair is trading at $1.04126, showing minor losses as the dollar holds firm amid economic uncertainty. The pair remains below the pivot point at $1.03963, signaling a neutral to slightly bullish bias in the short term.

Immediate resistance is seen at $1.04518, followed by $1.04837 and $1.05279. A break above $1.04518 could strengthen bullish momentum, with traders eyeing the 50-day EMA at $1.04552 as a key level for further gains. However, failure to clear this resistance may trigger renewed selling pressure.

On the downside, immediate support is at $1.03451, with stronger levels at $1.03163 and $1.02824. If the pair falls below $1.03451, sellers could push the price lower, testing the $1.03163 level, which aligns with previous market structure.

Technically, the 50-day EMA at $1.04552 remains a critical barrier for the bulls. A buy entry above $1.03958 could target $1.04523, with a stop-loss at $1.03575 to manage downside risks. A breakout above $1.04518 would strengthen the case for further gains, while a move below $1.03451 could accelerate selling pressure.

EUR/USD - Trade Ideas

Entry Price – Buy Above 1.03958

Take Profit – 1.04523

Stop Loss – 1.03575

Risk to Reward – 1: 1.4

Profit & Loss Per Standard Lot = +$565/ -$383

Profit & Loss Per Mini Lot = +$56/ -$38

Daily Price Outlook

- Bearish Momentum: EUR/USD remains bearish below the 50 EMA at $1.04681 and the Pivot Point at $1.03805.

- Support Levels: Key supports at $1.03556, $1.03326, and $1.03099.

- Resistance Levels: Immediate resistance at $1.04063, followed by $1.04223 and $1.04476.

EUR/USD is trading at $1.03842, down 0.02%, reflecting a cautious market sentiment as it hovers slightly above the Pivot Point at $1.03805.

The currency pair faces immediate resistance at $1.04063, followed by stronger barriers at $1.04223 and $1.04476. These resistance levels coincide with the 50-day Exponential Moving Average (EMA) at $1.04681, suggesting continued selling pressure unless the pair breaks above this level.

On the downside, immediate support is observed at $1.03556, with further cushions at $1.03326 and $1.03099.

A break below $1.03556 could accelerate the bearish trend, pushing EUR/USD towards the lower support zones.

Conversely, a sustained move above $1.03805 could challenge the $1.04063 resistance level, potentially shifting momentum towards the bulls.

The technical setup indicates a bearish bias as long as EUR/USD trades below the 50 EMA and the Pivot Point. The 4-hour chart shows a descending trendline, reinforcing selling interest. If the price fails to reclaim the $1.03805 level, it is likely to face continued downward pressure.

For now, the recommended strategy is to Buy Above $1.03810, with a Take Profit at $1.04223 and a Stop Loss at $1.03553.

Traders should watch for price action around $1.03805, as a break above this level could invalidate the bearish outlook and trigger a short-term recovery.

EUR/USD - Trade Ideas

Entry Price – Buy Above 1.03810

Take Profit – 1.04223

Stop Loss – 1.03553

Risk to Reward – 1: 1.3

Profit & Loss Per Standard Lot = +$426/ -$257

Profit & Loss Per Mini Lot = +$42/ -$25