📈 BOSS Business Academy｜July 13 Intraday Gold (XAU/USD) Live Market Analysis

🔸 Gold (XAU/USD)
Gold today is being driven by a renewed escalation of the situation in the Middle East. Although market risk-hedging sentiment has warmed up, a sharp surge in oil prices is boosting inflation expectations. US Treasury yields and the dollar are rising in tandem, which in turn weighs on gold prices. During the day, gold fell more than 1% at one point, with spot gold retreating to around $4,050.
From a technical perspective, gold has already broken below the $4,080 support in the short term, and the bears still hold the upper hand. The market focus has now shifted to this week’s US CPI data. If inflation comes in above expectations, the dollar and yields may have further room to climb, and gold may not rule out continuing the correction; if the data is below expectations, the price may see a technical rebound.
📌 Today’s Trading Strategy✅ Long Strategy (Pullback Buy on Dip)
🔹 Entry range: $4,040–$4,048
🔹 Stop-loss: $4,030
🔹 First target: $4,075
🔹 Second target: $4,090
Only consider setting up the trade if a sell-off stabilization signal appears around $4,040 (engulfing K, a long lower wick, or a 1H close back above the support).
✅ Short Strategy (Sell on Rebound)
🔹 First entry zone: $4,080–$4,090
🔹 Second entry zone: $4,100–$4,110
🔹 Stop-loss: $4,120
🔹 First target: $4,050
🔹 Second target: $4,030
If the price rebounds into the resistance area but trading volume cannot expand, shorting on rallies remains the priority.
📊 Key Intraday Levels🟢 Support: $4,040 / $4,020
🔴 Resistance: $4,090 / $4,110
💡 BOSS Business Academy Viewpoint
Gold is still in a bearish pullback structure. Until it reclaims $4,110, it is not recommended to chase longs. The main approach is “sell on rebounds, and do not pursue shorts during a sudden drop.” If $4,020 breaks, the bears may further test the $4,000 psychological level; if it regains and holds above $4,110, there is a chance to challenge resistance near $4,150. For the short term, keep positions light and watch for volatility risks around the Middle East situation and the US CPI release.