📊 XAU/USD Price Action Update – June 18, 2025
🔹Current Price: 3,386.58
🔹Timeframe: 1H
📌 Key Resistance Zone:
🔴 3406 – Intraday breakout level; needs a strong candle close above for bullish continuation
📌 Key Demand Zones:
🟢 3338–3342 – First support zone to watch if price drops
🟢 3319–3324 – Major demand; deeper pullback area for long entries
⚡️Bullish Scenario:
Price is consolidating in a tight range. A strong 1H close above 3406 could trigger a breakout targeting 3405.63 and beyond.
⚠️Bearish Scenario:
If price fails to close above resistance and breaks below the range, a drop toward 3338 or even 3319 could follow — confirmation needed before shorting.
🔍 FXFOREVER Insight:
✅ Price is ranging; don’t trade inside the box
✅ Wait for clean break and retest from either side
✅ Monitor structure shifts on 15M–1H timeframe for confirmation
#XAUUSD #GoldTrading #SmartMoneyConcepts #FXFOREVER #PriceAction #SupplyDemand #ForexSetup #ConsolidationBreakout #IntradayTrade
🔹Current Price: 3,386.58
🔹Timeframe: 1H
📌 Key Resistance Zone:
🔴 3406 – Intraday breakout level; needs a strong candle close above for bullish continuation
📌 Key Demand Zones:
🟢 3338–3342 – First support zone to watch if price drops
🟢 3319–3324 – Major demand; deeper pullback area for long entries
⚡️Bullish Scenario:
Price is consolidating in a tight range. A strong 1H close above 3406 could trigger a breakout targeting 3405.63 and beyond.
⚠️Bearish Scenario:
If price fails to close above resistance and breaks below the range, a drop toward 3338 or even 3319 could follow — confirmation needed before shorting.
🔍 FXFOREVER Insight:
✅ Price is ranging; don’t trade inside the box
✅ Wait for clean break and retest from either side
✅ Monitor structure shifts on 15M–1H timeframe for confirmation
#XAUUSD #GoldTrading #SmartMoneyConcepts #FXFOREVER #PriceAction #SupplyDemand #ForexSetup #ConsolidationBreakout #IntradayTrade
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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.
fxforever
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.