Gold Wave Analysis – 30 July 2025

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Gold Wave Analysis – 30 July 2025GOLD / U.S. DOLLARFX_IDC:XAUUSDFxProGlobal- Gold falling inside wave b - Likely fall to support level 3250.00 Gold is under bearish pressure after the price broke the two upward-sloping support trendlines from May and February. The breakout of these support trendlines accelerated the active short-term correction b – which belongs to the impulse wave 3 from June. Gold can be expected to fall further to the next round support level 3250.00 (former low of waves 2 and (b) from May and June).