Gold Futures
Short

Gold, GC!, Sideway to the Downside (Long Term)

57
06/30/2025, 10:30 PM PT

GC! is currently at its max around 3,500.

snapshot
On the Weekly MACD, the crossover between MACD lind signal line already happened. There is also a bearish divergence on weekly chart.

snapshot
On the Daily chart, RSI just crosses below 50 on RSI, and MACD shows weakness on the bull (it still not in the bear's territory just yet).

Reversasl to bear side may happen if price stays below 3,200
Bullish will continues if price break out of all time high
Current range for big timeframe from 3,200 - 3,500

Plan for swing trade:
snapshot

Bullish Case (short term): break trendline. If hold above 3,360, price could go up to 3,400 -> 3,450
Bearish Case (short term): If price rejects and stays below 3,360, price could go down 3,310 -> 3,280

***Disclaimer: This analysis and trade plan are for educational and informational purposes only and should not be considered as financial or investment advice.

Disclaimer

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