Gold Trading Plan 29 Jun - 3 Jul '26GoldOANDA:XAUUSDPL_GoldMaster1. Gold Price Movements Over the Past Week Early‑week strength: Gold gained about 0.9% on Monday, supported by positive signals from ongoing negotiations between the U.S. and Iran. Mid‑week decline: Gold reversed sharply on Wednesday, dropping more than 2.5% and hitting its lowest level since November 25, falling below $4,000. This decline was driven by a stronger U.S. dollar after U.S. manufacturing and services PMI data came in better than expected, combined with a sell‑off in technology stocks. Late‑week recovery: Gold rebounded above $4,000 on Thursday after U.S. PCE inflation data matched expectations. By the end of the week, gold edged higher toward $4,100 as the U.S. dollar weakened. 2. Market Pressures and Supporting Factors Federal Reserve Policy & U.S. Dollar Markets currently price in a 60% chance of at least one 25‑basis‑point rate hike before September 26. Strong U.S. economic performance continues to support the dollar, which in turn puts downward pressure on gold. Geopolitical Factors Conflicting statements from the U.S. and Iran regarding nuclear negotiations have increased uncertainty in the Middle East. Market Sentiment Concerns over inflation and rising chip production costs are making investors more cautious, limiting gold’s upside momentum. 3. Key Data to Watch Ø U.S. Nonfarm Payrolls (June) – on Thursday This will be the main driver of gold’s next move. Bearish scenario for gold: If job growth exceeds 100,000, expectations for a September rate hike will rise. A stronger dollar would likely push gold lower. Bullish scenario for gold: If Nonfarm Payrolls disappoint, coming in around 60,000 or lower, expectations for a rate hike may be pushed to late 2026. This could trigger an immediate rebound in gold. Ø Fed Officials’ Speeches Markets will closely monitor comments for clues about the tightening path. If the Fed maintains a hawkish stance, gold may struggle to break higher in the short term. Special attention should be given to the Fed Chair’s speech on Wednesday evening. ⛔️ OVERALL TREND Gold has been in a downtrend for nearly three months. Technical indicators have not yet confirmed the end of this decline, suggesting that any recovery may remain short‑term for now. 🗒Primary Trading Plan Next Week (29 June - 3 July) 🖋Main Bias: Sell (Short) Preferred strategy: Focus on selling with target levels at 3950 – 3900 – 3870. 🖊Sell Setup: Entry Zone: 4192 – 4195 Stop Loss: Above 4202 Targets: 4140 – 4070 – 3950 – 3870 🖊 Short‑Term Buy Setup Entry Zone: 4009 – 4011 Stop Loss: Below 4003 Targets: 4030 – 4060 🖊Primary Buy Setup Entry Zone: 3868 – 3870 Stop Loss: Below 3862 Targets: 3900 – 3970. Note: All content shared is based on personal perspectives and practical experience, intended solely for informational and educational purposes. By continuing to follow and use the content on this channel, you acknowledge that you have read, understood, and agreed to the associated risks.