AlgoTrader Sergey

Gold / XAUUSD Analysis – July 9, 2026 Gold is trading around $4,070–$4,080 after another move lower. The market looks neutral to bearish. Geopolitical tensions may support gold, but higher oil prices, inflation risks, stronger yields, and hawkish Fed expectations are still limiting the upside. Main idea: I would not buy aggressively from the middle of the range. Today, I prefer selling from resistance or after a confirmed breakdown. Main support zone: $4,060–$4,070 If gold holds this area and shows a clear buyer reaction, a short rebound is possible. Upside targets: $4,090 → $4,100 → $4,120 Main sell zones: $4,090–$4,100 $4,120–$4,135 If gold reaches these zones and shows weakness, I would look for sell setups. Downside targets: $4,060 → $4,040 → $4,020 → $4,000 Breakdown sell scenario: If gold breaks and consolidates below $4,060, sellers may push the price lower. Next downside targets: $4,040 → $4,020 → $4,000 News to watch today: 19:30 Bangkok time — US Jobless Claims The market is also watching Fed speakers, Treasury yields, oil prices, and Gulf headlines. My short conclusion: As long as gold stays below $4,120–$4,135, I prefer selling from resistance. Buy setups only carefully from $4,060–$4,070, and only if there is a clear buyer reaction. This is not financial advice. ➡️My EA for Gold auto-trading here