XAUUSD 7/6/2025
XAUUSD 4 hour Long Idea
Monthly - Bullish
Weekly - Bullish
Daily - Bullish
4hour - Bullish
Back to bullish here on Gold but that comes as no surprise when you look at the higher timeframe trends.
I’m mainly considering long scenarios for the week ahead but let's take a look at two for the week ahead:
4hour bearish continuation - Currently we can see price action broke above 3,320.00 resistance and is currently looking to find some footing. We’re keeping an eye out for higher lows at or near this level to then consider long scenarios. 3,395.000 seems like a good target but gold has potential to go higher.
4hour trend reversal - If we are to consider short positions on gold we would need to see a break back below our 3,320.000 zone. Look for confirmed lower highs below 3,320.000 and target lower key support levels if this happens.
XAUUSD 4 hour Long Idea
Monthly - Bullish
Weekly - Bullish
Daily - Bullish
4hour - Bullish
Back to bullish here on Gold but that comes as no surprise when you look at the higher timeframe trends.
I’m mainly considering long scenarios for the week ahead but let's take a look at two for the week ahead:
4hour bearish continuation - Currently we can see price action broke above 3,320.00 resistance and is currently looking to find some footing. We’re keeping an eye out for higher lows at or near this level to then consider long scenarios. 3,395.000 seems like a good target but gold has potential to go higher.
4hour trend reversal - If we are to consider short positions on gold we would need to see a break back below our 3,320.000 zone. Look for confirmed lower highs below 3,320.000 and target lower key support levels if this happens.
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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.