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XAUUSD Price Forecast: Weekly Doji Signals Key Support at 3324 (July 29–Aug 2, 2025)

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XAUUSD Price Forecast for July 29 to August 2, 2025: As the final week of July begins, gold traders across the world are closely monitoring the XAUUSD chart patterns, especially after a weekly doji candlestick formed right above a crucial support level at 3324. Meanwhile, the monthly candle is still active, and its final formation will add more context to market direction.

In this analysis, we’ll break down the key price zones, explain how to trade XAUUSD on Monday and throughout the week, and offer actionable strategies using:

XAUUSD Price Forecast – Monthly Outlook: 4 Days Left, Doji in Formation

The XAUUSD monthly candle is currently forming a doji, signaling market indecision. However, the candle hasn’t closed yet. With 4 trading days remaining, the final structure can shift into either:

  • A bullish confirmation candle, or
  • A neutral or weak doji close

Notably, the past two months also showed spinning top candles, reinforcing an environment of indecision that could soon flip in favor of bulls, especially if this month closes strong.

XAUUSD Price Forecast – Weekly Doji Candle at 3324 Support

The weekly candle that closed on July 26 is a doji, which often indicates a possible reversal or continuation, depending on the next week’s price behavior.

XAUUSD Price Forecast Weekly Chart – Doji Candle Formed at 3324 Support Level

View this XAUUSD Price Forecast chart live on TradingViewClick here

Why 3324 is Important:

  1. It is the low of the current weekly doji candle
  2. It is also the exact zone where the previous two weekly candles found support

This makes 3324 a powerful support level, and how the market reacts to this price zone on Monday will define the next movement in XAUUSD.

Last Week’s Movement – 108 Points in Clean Moves

The gold market delivered a 108-point range last week with very clean price action — no major traps, and plenty of profitable moves.

Traders who used the 5 EMA strategy or recognized bullish reversal zones based on price action were rewarded handsomely.

If you missed the move, reflect on your preparation and remember:

“Traders don’t miss moves — they miss preparation.”

Trade Plan for Monday (July 29) and the Week Ahead

With the monthly and weekly context set, let’s explore the two trade scenarios for the upcoming week.

Scenario 1: Buy Setup Above 3324

If XAUUSD respects the 3324 level and opens above it on Monday, traders should prepare for a bullish continuation setup.

Why Buy?

  • Weekly doji candle signals potential reversal
  • Monthly candle may still close bullish
  • 3324 acted as support for three consecutive weeks

How to Trade:

  • Use 5 EMA crossover on the 1H or 4H time frame
  • Look for chart patterns like W-shape or bullish pin bars
  • Enter after price confirms support above 3324
  • Place SL below the low of the entry candle or the doji wick

Upside Target: 3438

This level is a natural resistance and psychological round number after bounce from 3324.

Scenario 2: Sell Setup if 3324 Breaks

If the price breaks and closes below 3324, bears may take control for a short-term downside move.

Why Sell?

  • Break of multi-week support zone
  • Possible bearish momentum if buyers fail to defend 3324
  • Monthly candle could finish weak

How to Trade:

  • Use 5 EMA breakdown or bearish engulfing pattern on 1H
  • Wait for a retest of 3324 as resistance
  • Stop Loss above breakout candle
  • Keep targets tight as downside may be limited for this month

Short-Term Target: Use intraweek levels like 3288 or 3260

Doji Behavior – What Traders Should Know

Doji candles offer two powerful insights:

  1. Bullish Breakout: If price never breaks the doji low and moves higher quickly, this confirms buyer strength.
  2. Bearish Breakdown: A clean break below the doji low (3324) with volume can lead to a fast drop.

The first 1-2 days of the week will determine which scenario plays out.

Quick Trade Recap Table

Setup TypeEntry TriggerStrategy UsedStop LossTarget
BuyAbove 3324 + Bullish Setup5 EMA / W-PatternBelow prior candle or 33243438
SellBelow 3324 + Retest5 EMA / Bearish EngulfAbove breakdown candle3288–3260

Final Tips for Traders

  • Don’t guess — wait for confirmation at 3324
  • Use multi-timeframe analysis to validate setups
  • Stick to your SL and TP rules – no emotions
  • Trade with the trend and structure, not against it

Conclusion: Be Ready for Breakout or Breakdown

This week in XAUUSD is a game of structure. The 3324 level is the line in the sand. If it holds, bulls could push to 3438. If it breaks, expect a short-term dip toward 3288 or lower.

Smart traders don’t predict – they react.

Prepare your charts, watch 3324, and trade with clarity.

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