Gold Maintains Consolidation; Avoid Chasing Highs

Market Watcher

Jul 16, 2025

Monday, July 15 - The dollar index hovered within a narrow range, ultimately closing above the 98 threshold. Spot gold opened higher but retreated throughout the session, surrendering all intraday gains after hitting a three-week peak and ultimately testing lows near 3340.

The 4-hour chart reveals: - Despite rebounding from the 3340 level in early trading and currently holding above 3350 - Significant resistance persists near 3360 - Today's CPI release introduces potential volatility

Pre-CPI trading may consolidate within the 3340-3360 band. Conversely, a decisive break below 3340 could trigger further declines toward 3330.

Bigger picture analysis: - The 3330 zone marks the Wave 1 peak - The current pullback from 3375 represents a Wave 4 retracement - This implies potential for gold to retreat toward 3330

Trading strategy considerations: - Monitor the 3360 level closely - If gold fails to hold above 3360 during European trading, consider short positions targeting 3340-3330 - Post-US CPI data, if gold stabilizes above 3330, long positions may become viable

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Spot gold opened higher but retreated throughout the session, surrendering all intraday gains after hitting a three-week peak and ultimately testing lows near 3340.</p>\n<p>The 4-hour chart reveals:\n- Despite rebounding from the 3340 level in early trading and currently holding above 3350\n- Significant resistance persists near 3360\n- Today's CPI release introduces potential volatility</p>\n<p>Pre-CPI trading may consolidate within the 3340-3360 band. Conversely, a decisive break below 3340 could trigger further declines toward 3330.</p>\n<p>Bigger picture analysis:\n- The 3330 zone marks the Wave 1 peak\n- The current pullback from 3375 represents a Wave 4 retracement\n- This implies potential for gold to retreat toward 3330</p>\n<p>Trading strategy considerations:\n- Monitor the 3360 level closely\n- If gold fails to hold above 3360 during European trading, consider short positions targeting 3340-3330\n- Post-US CPI data, if gold stabilizes above 3330, long positions may become viable</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gold Maintains Consolidation; Avoid Chasing Highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold Maintains Consolidation; Avoid Chasing Highs\n</h2>\n\n<h4 class=\"meta\">\n\n2025-07-16 03:15 北京时间&nbsp;&nbsp;&nbsp;<strong>Market Watcher</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Monday, July 15 - The dollar index hovered within a narrow range, ultimately closing above the 98 threshold. Spot gold opened higher but retreated throughout the session, surrendering all intraday ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_1OZ","symbol_name":"1盎司黄金","start_time":0,"source_url":"","article_id":"1186995893","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186995893","pubTimestamp":1752606931,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"Monday, July 15 - The dollar index hovered within a narrow range, ultimately closing above the 98 threshold. 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