🚨 Israel’s Iran strike fears are sending gold (
XAUUSD) soaring to $3448!
reports Israel may target Iran’s nuclear sites (June 16, 2025), fueling safe-haven demand as oil prices climb.
4H Chart Analysis:
Price Action: XAUUSD cleared $3440 resistance (a June 2025 high) after a 2-week consolidation, confirming an uptrend.
Volume: 4H volume surged 20% vs. the prior week, reflecting strong buying pressure.
Key Levels:
Current Support: $3440 (former resistance, now support, tested today).
Next Support: $3410-$3420 (consolidation low, held three times since June 1, 2025).
Context: Gold is up 6.49% this month, with $3448 the highest 4H close since May 2025, driven by Middle East risks.
The $3440 breakout with high volume shows buyers dominating. $3410-$3420 is a key support zone for pullbacks, backed by recent price action. Track Iran news and volume for breakout strength or reversal signals.
How’s your 4H gold setup looking? Drop your charts! 👇 #GoldPrice #XAUUSD #IsraelIran #SafeHaven #TradingView
XAUUSD) soaring to $3448! reports Israel may target Iran’s nuclear sites (June 16, 2025), fueling safe-haven demand as oil prices climb.
4H Chart Analysis:
Price Action: XAUUSD cleared $3440 resistance (a June 2025 high) after a 2-week consolidation, confirming an uptrend.
Volume: 4H volume surged 20% vs. the prior week, reflecting strong buying pressure.
Key Levels:
Current Support: $3440 (former resistance, now support, tested today).
Next Support: $3410-$3420 (consolidation low, held three times since June 1, 2025).
Context: Gold is up 6.49% this month, with $3448 the highest 4H close since May 2025, driven by Middle East risks.
The $3440 breakout with high volume shows buyers dominating. $3410-$3420 is a key support zone for pullbacks, backed by recent price action. Track Iran news and volume for breakout strength or reversal signals.
How’s your 4H gold setup looking? Drop your charts! 👇 #GoldPrice #XAUUSD #IsraelIran #SafeHaven #TradingView
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚡️ Request a trial or subscribe to our premium🛠️tools at ➡️DCAlpha.net
All scripts & content provided by DCAChampion are for informational & educational purposes only.
All scripts & content provided by DCAChampion are for informational & educational purposes only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.