The tensions between the U.S. and Iran continue to intensify as the second U.S. nuclear-powered aircraft carrier enters the Persian Gulf. Iran's Defense Minister warned that it would attack U.S. bases if conflict broke out. However, the sixth round of talks between the two sides is scheduled for June 15 in Oman, a development that has raised market expectations for a de-escalation of negotiations. Geopolitical risks are time-sensitive, as if the conflict does not escalate, risk aversion may fade rapidly, and gold could give back its gains.
From a 4-hour technical analysis, the short-term support level below focuses on the 3365 area, with the 3340 level as key support. The main strategy remains to go long on pullbacks to these support levels and follow the upward trend. The key bullish threshold lies at the 3320-3325 zone – any pullback before the daily close breaks below this level presents a buying opportunity, maintaining the primary approach of trend following. We recommend prioritizing long positions on corrections and using short positions on rebounds as a supplement. The short-term resistance above is at the 3400-3405 area, while the short-term support below is at the 3360-3350 range.
XAUUSD
buy@3350-3360
tp:3380-3400
Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.
From a 4-hour technical analysis, the short-term support level below focuses on the 3365 area, with the 3340 level as key support. The main strategy remains to go long on pullbacks to these support levels and follow the upward trend. The key bullish threshold lies at the 3320-3325 zone – any pullback before the daily close breaks below this level presents a buying opportunity, maintaining the primary approach of trend following. We recommend prioritizing long positions on corrections and using short positions on rebounds as a supplement. The short-term resistance above is at the 3400-3405 area, while the short-term support below is at the 3360-3350 range.
XAUUSD
buy@3350-3360
tp:3380-3400
Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.
Trade active
From the 4-hour analysis, the gold price has risen mid-line in early trading today, breaking through and holding above the 3,400 mark to further extend its strength. The short-term support sits at the 3,400-3,410 range , while the key support focuses on the recent support-resistance flip level near 3,375-3,380. When the price retraces intraday, continue to take long positions primarily and follow the uptrend by relying on this level. The short-term bullish boundary has shifted up to the 3,345-3,350 mark. If the price stands firmly above this level on the daily chart, maintain the strategy of going long at low levels along the trend, and exercise caution with counter-trend short positions.Trade closed: target reached
On Friday, the strategy of going long on gold at relatively low levels was once again precisely fulfilled. The morning strategy clearly suggested opening long positions within the range of 3400 - 3410. As expected, the price of gold once again surged to around the 3427 level, and profits were successfully secured once more.During the day, gold exhibited a trend of surging higher and then pulling back, entering a phase of contraction and consolidation in the European trading session. For the US trading session, we will continue to adopt a bullish approach: first watch the resistance at 3430, then pay further attention to 3445. If the previous high of 3445 is broken, the upward space will be significantly opened up, with the price expected to once again challenge 3500 and even reach new highs. Support levels below will focus on the top - bottom conversion support in the range of 3395 - 3400, followed by the short - term support at 3410. In terms of trading operations, we'll maintain the strategy of mainly going long on pullbacks.
🔥 We share at least 3-5 FREE trading signals daily 📈—monthly returns up to 300%-500%! 💹
🔗 Join our Telegram channel for precise signals👇
t.me/+XPmb-cKTquE0OTk0
👉 Join now and never miss a profitable trade! 🚀
t.me/+XPmb-cKTquE0OTk0
🔗 Join our Telegram channel for precise signals👇
t.me/+XPmb-cKTquE0OTk0
👉 Join now and never miss a profitable trade! 🚀
t.me/+XPmb-cKTquE0OTk0
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.
🔥 We share at least 3-5 FREE trading signals daily 📈—monthly returns up to 300%-500%! 💹
🔗 Join our Telegram channel for precise signals👇
t.me/+XPmb-cKTquE0OTk0
👉 Join now and never miss a profitable trade! 🚀
t.me/+XPmb-cKTquE0OTk0
🔗 Join our Telegram channel for precise signals👇
t.me/+XPmb-cKTquE0OTk0
👉 Join now and never miss a profitable trade! 🚀
t.me/+XPmb-cKTquE0OTk0
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.