Giraffe Markets: Gold Poised for Breakout Amid Market Uncertainty (July 3–4, 2025)

Giraffe Markets has released its latest Gold (XAU/USD) technical analysis for July 3rd to 4th, highlighting a potential breakout scenario as the precious metal enters July trading with compressed volatility.

📉 Market Overview:

Gold remained range-bound between $2,315–$2,325 in recent sessions, weighed by mixed economic data from the U.S. and renewed speculation around Fed rate decisions. Despite a subdued start to the month, price action suggests an imminent directional move.

🔍 Key Analysis Highlights:

• Support & Resistance: Gold struggles to push above the $2,325–$2,330 resistance zone, while key downside supports lie at $2,300 and $2,280.

• Momentum Shift: The RSI indicates fading strength, and price remains under the 50-day moving average, signaling caution for bulls.

• Macro Backdrop: A tug-of-war between rising real yields and a softening dollar continues to drive indecision in gold markets.

• MT5 Trade Scenarios: Giraffe Markets outlines actionable trade setups for both bullish breakouts and bearish rejections.

💬 Giraffe Markets Take:

"Gold is trading in a tight coil, and volatility compression usually precedes expansion. Traders should focus on price confirmation, not speculation."