XAUUSD Market Update – July 30 Late NY RecapSpot GoldTRADENATION:XAUUSDGoldFxMinds🔸Macro Context Markets are still digesting Powell’s ongoing speech with no clear pivot signals. While FOMC tone remained cautious, no dovish surprise emerged. Trump’s upcoming comments keep geopolitical risks elevated. USD remains firm. Gold is reacting within key HTF demand as intraday volatility cools off. 🔸Bias Overview Weekly Bias: • Bearish rejection from the major supply wick 3439–3350 • Structure still below 3345, maintaining downside pressure • Weekly RSI cooling off — no bullish divergence yet Daily Bias: • Lower high locked below 3345 • Price reentered the imbalance toward 3272 • Clean structure remains bearish unless we reclaim 3302 H4 Bias: • Lower high formed at 3314 • Current price testing HTF Extreme Demand Base (3289–3272) • Still bearish unless we see a confirmed M15 or H1 BOS from demand 🔸Key Structural Zones 🔺Above Price (3272): • 3289–3294 Decision Block – M30 OB + FVG. First sign of momentum shift if reclaimed. • 3302–3314 Supply Reversal – H1 OB + previous BOS zone. EMA alignment adds pressure. • 3345–3350 Major Rejection Zone – H4 origin of last leg down. Strong resistance area. 🔻Below Price (3272): • 3254–3264 Imbalance + OB – H4 FVG + clean demand zone. Buy setup only on deep flush + reversal PA. • 3227–3214 HTF Demand Base – Daily OB + historical volume shelf. Final structural floor before deeper downside opens. 🔸Battle Plan ▶ Scenario 1 – Bearish Breakout If 3272 fails with momentum and no reversal signs, expect continuation into 3254–3264. No long trades unless BOS confirms. ▶ Scenario 2 – Reactive Long from Demand If price gives a strong reaction from 3272 with BOS on M15 or H1 and clears 3294, then a recovery into 3302 is possible. Only valid with confirmed PA + EMA shift. ▶ Scenario 3 – Choppy Rejection from 3294 If price tests 3294 but fails, watch for rejections back toward 3272. Scalpers can fade reactions if no bullish structure forms. 🔸Final Thoughts Price is once again testing our Extreme Demand Base from July 28 (3289–3272). The zone remains valid — but execution depends entirely on confirmation. Bears still in control unless we reclaim 3302 cleanly. No need to rush. Best RR setups are found at clean structural edges. Patience = profits. —💬 Drop your thoughts in the comments. ❤️ Like if you appreciate the precision. 🔔 Follow GoldFxMinds for more sniper-level updates. With you all the way, — GoldFxMinds 📊 Analysis based on Trade Nation TradingView charts.