Gold Weekly Forecast (28 July – 01 Aug 2025)Gold/US DollarSAXO:XAUUSDRANANADEEMFX📈 Gold Weekly Forecast (28 July – 01 Aug 2025) By: RanaNadeemFX 🔍 Technical Overview: Gold (XAUUSD) is currently trading around $3,337, showing rejection near the previous resistance zone of $3,430–$3,450. The market has recently pulled back after testing this resistance and is now approaching a confluence support area formed by: Dynamic trendline support (ascending black line) Horizontal support zone around $3,300–$3,320 50-day EMA providing additional support This zone is critical and likely to act as a bullish demand area, provided no major fundamental risk-off event occurs. 📌 Key Levels to Watch: Support Zones: $3,300 / $3,270 Resistance Zones: $3,430 / $3,450 📊 Trade Setup Highlighted on Chart: A buy opportunity is marked from current price levels with a potential bounce back towards $3,430–$3,450. Entry Zone: Around $3,330 to 37 Target: $3,450 Stop Loss: Below $3,300 This setup offers a favorable risk-reward ratio, assuming price respects the support and resumes the upward trend. 🧠 Bias: Bullish (as long as price stays above $3,300 support zone) ⚠️ Note: Keep an eye on upcoming US economic data releases and geopolitical developments which could add volatility to gold prices. 📌 Follow for more: @RanaNadeemFX #GoldAnalysis #XAUUSD #WeeklyForecast #TechnicalAnalysis #TradingView #ForexTrader #PriceAction #GoldOutlook #SmartMoneyConcepts