Gold Futures Technical Analysis Today with tradeCompass at investingLive.com ...Middle East

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At the time of this gold futures analysis, price is trading at $3,343.8. According to today’s tradeCompass, gold is currently inside the bullish zone, offering traders a clear directional bias for long trades. Unless price sustainably drops below the bearish threshold, the trade remains to the upside.

tradeCompass Summary – August 1, 2025

Bullish above: $3,342 Bearish below: $3,335.5 Current price: $3,343.8 Primary bias: Bullish

$3,349.6 — Just under yesterday’s Point of Control and slightly beneath today’s second VWAP deviation

$3,378.6 — In line with the first upper deviation of the VWAP from two days prior

Partial Profit Targets (Bearish Scenario):

$3,326.4 — Two points above the low from July 31, which could serve as a reasonable final bearish target

Today’s Gold Market Context and Directional Bias

Gold’s broader performance metrics reinforce today’s bullish outlook:

1 Month: -0.04%

6 Months: +17.41%

1 Year: +34.29%

Educational Insight: Why VWAP Deviations and POC Matter

Together, these tools are foundational to the tradeCompass methodology, offering precise and context-aware levels for profit-taking, entries, and exits.

One trade per direction per day per compass

Avoid re-entering the same direction once a trade completes

Confirmation can be adapted to your trading style—candle closes or volume-based triggers are both valid

In the last 24 hours, two key developments have shaped the broader gold market narrative:

Physical demand is showing signs of revival in key Asian markets. In India, gold’s drop to around ₹97,700 per 10 grams helped revive retail activity and reduced dealer discounts. Similarly, modest volume rebounds were observed in China, Singapore, and Japan, although high prices continue to pressure jewelry demand.

This gold technical analysis from investingLive.com (formerly ForexLive.com) is provided for informational and educational purposes only. It is not financial advice. Trading gold futures involves risk and may not be suitable for all investors. The tradeCompass offers a structured framework to support decisions, but traders must use independent judgment and remain accountable for their own outcomes.

This article was written by Itai Levitan at investinglive.com.

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