GOLD → Hunting for liquidity before continued growthFX:XAUUSD has been correcting since the start of the session. The fundamental background is complicated due to the escalation of the conflict in the Middle East.
The price of gold briefly retreated from a two-month high above $3,450 amid a recovery in the dollar and investor caution. Escalating tensions between Israel and Iran are dampening risk appetite, while markets await decisions from the Fed and the Bank of Japan. Expectations of a dovish Fed continue to support interest in gold, but fresh impetus is needed for further gains.
Technically, the market is bullish. Gold is forming a correction to the key support and liquidity zone amid an uptrend. The price is within the range, and a retest of 3400 could trigger growth.
Support levels: 3408, 3400
Resistance levels: 3446, 3500
A retest of support and liquidity capture amid the current challenging situation (high interest in the metal) and a bullish trend could support the price, allowing gold to continue its growth.
Best regards, R. Linda!
Commodities
GBPUSD H1 compression BUY/HOLD TP1 +100 TP2 +200 pips low risk🏆 GBPUSD Market Update
📊 Technical Outlook
Short-term: BULLS active; resistance forming mid‑1.3600s, consolidation below 1.3600s
Mid-term: Neutral to slight bullish bias; bulls seek 1.3600–1.3700/1.3730 zone
Status: Narrow trading range (tight band) ahead of key UK CPI, Fed & BoE meetings
🔥 Latest Forex Updates
GBP/USD is consolidating in a narrow range around the mid‑1.3500s ahead of this week’s UK CPI and central bank meetings.
The pair holds defensive below 1.3600, with dovish BoE bets capping gains while the Fed is expected to stand pat.
GBP/USD sits near a 40‑month high (~1.3600), boosted by geopolitical risk tone, but lacking momentum to break much higher.
GBP/USD hit ~1.3600 after rebounding from 1.3515 amid renewed Middle East tensions and a weaker US dollar.
Live charts show a mild bullish tilt, awaiting central bank outcomes.
💡 Trade Recommendation
Buy GBPUSD at 1.3530 (recommended entry near 1.3530)
Take Profit at 1.3730 → +200 pips profit target
Stop Loss: 50 pips (around 1.3480)
This trade aligns with the current structure: shallow dip followed by rebound, positioning ahead of central bank catalysts. Momentum above resistance could propel GBP/USD toward 1.3730.
📌 Market Overview
Metric Details
Current Price ~1.3565–1.3600
24H Range 1.3515–1.3600
Central Event Risks UK CPI (Wed), US Retail Sales & Fed (Wed), BoE (Thu)
Geopolitical Middle East tension supports USD weakness, aiding GBP
📈 Forecast Highlights
Support Levels: ~1.3530 (100‑period SMA), ~1.3460, ~1.3425
Resistance Levels: 1.3600, 1.3630 static ceiling, followed by ~1.3700–1.3730 for bulls
🧭 Final Take
GBP/USD sits in a tight range, awaiting central bank clarity. The recommended long trade at 1.3530 aims to capitalize on upside momentum toward 1.3730, supported by technical confluence and a softer USD. Manage risk with a 50‑pip stop loss.
Gold is Nearing an Important Support!!Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3,360 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 3,360 support and resistance area.
Trade safe, Joe.
XAU/USD) Back support level Read The captionSMC trading point update
Technical analysis of XAU/USD (Gold Spot vs U.S. Dollar) – 2H Timeframe:
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XAU/USD Bearish Rejection from Resistance – Short-Term Sell Setup
Key Observations:
1. Rejection from Upper Channel & Resistance Zone:
Price was rejected sharply after touching the upper boundary of the ascending channel and the newly established resistance zone (~3400–3420).
A strong bearish candle confirms selling pressure at the top.
2. Support Retest in Progress:
The price is currently descending toward the EMA 200 and the KYY support zone (approximately 3343–3348).
The previous bounce originated from this level, making it a significant retest zone.
3. EMA 200 as Confluence:
The 200 EMA (currently at 3346.92) aligns with the support zone, increasing the likelihood of a bounce or at least temporary pause in bearish momentum.
4. RSI Bearish Signal:
RSI has dropped below 50, confirming a momentum shift toward the downside.
Still above oversold territory, suggesting more downside room.
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Trade Idea:
Bias: Bearish (Short-Term)
Entry Zone: Around 3390–3400 (confirmed rejection area)
Target Zone: 3348 – 3343 (KYY support + EMA 200)
Stop Loss: Above 3425 (just above resistance zone)
Mr SMC Trading point
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Summary:
Gold has faced a clear rejection at a key resistance zone within an ascending channel, and is now targeting the EMA 200 and previous structural support. Short opportunities could be considered toward the 3343–3348 zone, with RSI and price action supporting the move.
Please support boost 🚀 this analysis)
GOLD - Price will bounce from support area and start to growHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price declined to $3220 level and then started to grow, and soon reached $3380 level and even broke it.
Then price started to trades inside wedge, where it at once started to decline and in a short time declined to support line of wedge.
After this, Gold rose and broke $3220 level and continued to move up in wedge, where it also made two gaps before.
Price rose to $3380 level and some time traded very close to this level, but later corrected to support line.
Next, price made a strong impulse, breaking $3380 level and exiting from wedge as well, and continued to grow.
Recently, Gold started to fall, so I think that it will fall to support area and then bounce up to $3500
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
HelenP. I Gold may correct to support zone and then rebound upHi folks today I'm prepared for you Gold analytics. After rebounding from the trend line, XAUUSD began to grow steadily within the rising structure, confidently pushing through local resistance and breaking above the previous support 2 area. This breakout was backed by strong bullish momentum, with the price clearly holding above the broken level, turning it into a support base. Following that surge, the price entered a short-term consolidation, trading within the upper boundary of the chart, just above the 3400 level. This area now acts as a crucial support zone, and the market is currently hovering slightly above it after a local peak. Given the strength of the recent impulse and the confirmation of previous resistance as support, I expect a brief correction to the support zone before a continuation of the bullish move. That’s why I set my current goal at 3470 points — the next potential resistance area where the price may encounter renewed selling pressure after the rally continues. If you like my analytics you may support me with your like/comment ❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the markets with our chart idea playing out, as analysed!
Yesterday we started with our Bullish target at 3440 hit, followed with no EMA5 cross and lock, confirming the perfect rejection and showcasing the accuracy of our levels. This rejection went on to hit our Bearish target, followed by EMA5 cross and lock opening 3393, which was also hit perfectly.
🔄 Update:
After testing 3393, we got the EMA5 cross and lock, opening the swing range. The first level was tested perfectly and gave the bigger bounce. Let’s see if it completes the full swing back to 3393, or if it goes for the full swing test below.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels, taking 20 to 40 pips. As stated before, each of our level structures gives 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back-test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid-term swings and trends.
🌀 The swing ranges give bigger bounces than our weighted levels - that's the difference between the two.
BULLISH TARGET
3440 - DONE
EMA5 CROSS AND LOCK ABOVE 3340 WILL OPEN THE FOLLOWING BULLISH TARGETS
3463
EMA5 CROSS AND LOCK ABOVE 3463 WILL OPEN THE FOLLOWING BULLISH TARGET
3483
EMA5 CROSS AND LOCK ABOVE 3483 WILL OPEN THE FOLLOWING BULLISH TARGET
3508
BEARISH TARGETS
3418 -DONE
EMA5 CROSS AND LOCK BELOW 3418 WILL OPEN THE FOLLOWING BEARISH TARGET
3393 DONE
EMA5 CROSS AND LOCK BELOW 3393 WILL OPEN THE SWING RANGE
3372 - DONE
3353
EMA5 CROSS AND LOCK BELOW 3353 WILL OPEN THE SECONDARY SWING RANGE
3330
3306
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Hellena | GOLD (4H): LONG to resistance area of 3500.Colleagues, I believe that, as with the euro, the upward five-wave impulse is not yet over. At the moment, I see the formation of wave “3” of the lower order and wave ‘3’ of the middle order, which means that the upward movement will continue at least to the resistance area of 3500 — this is the maximum of wave “3” of the higher order, which means that a correction is possible at this level.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
GoldFxMinds Sniper Plan — June 17, 2025 🚀 GoldMinds Battle Plan Loaded — June 17, 2025
Good morning GoldMinds 👋
The market is again building perfect traps after CPI & PPI whipped both sides last week. Liquidity is stacking and volatility is hiding behind a quiet news calendar — exactly when the market loves to attack both sides. We stay patient, sniper-style.
🌎 Macro & Sentiment:
No major data today, but liquidity still reacts after last week’s CPI & FOMC tone.
DXY remains stable — gold remains capped inside premium supply zones.
The real game now is liquidity manipulation — we focus on clean execution.
🔬 Structure & Bias:
✅ D1: Liquidity sweep above 3450 — sellers protecting premium.
✅ H4: Lower high distribution forming.
✅ H1: Bearish order flow starting to control.
✅ EMAs 5/21/50: compressed bearish.
✅ RSI: showing divergence on intraday.
Bias: Tactical Bearish — under 3460 we remain sellers on sweeps. Liquidity hunts both ways but premium remains the trap zone.
🎯 Sniper Zones
🔻 SELL ZONES:
3405 – 3410 → early pullback rejection zone
3435 – 3445 → main OB liquidity sweep
3452 – 3460 → extreme premium trap zone
🔻 BUY ZONES:
3365 – 3380 → golden zone buy (perfect fibo confluence)
3335 – 3345 → deep flush exhaustion buy
🔄 Tactical Scenarios
Sell spikes into premium → M15 rejection → target 3380 first.
If flushed into golden zone → watch M15 confirmation → target 3405.
If deep flush into 3335 → exhaustion buy setups only.
💡 Tactical Notes
No chasing — liquidity first, reaction second.
News absence = perfect condition for engineered liquidity sweeps.
Stay sniper. Only act when structure confirms.
🔥 If this sniper battle plan helps you prepare, smash the 🚀, drop your bias in comments & hit FOLLOW to support real structure-based trading. Let’s bring back real value content to TradingView.
GoldFxMinds 🧠✨
GOLD ROUTE MAP UPDATEHey Everyone,
Great start to the week with our chart idea playing out to perfection once again!!
We started with our Bullish target at 3440 hit followed with no ema5 cross and lock confirming the perfect rejection, showcasing the accuracy of our levels. This rejection went onto hitting our Bearish target, followed with ema5 cross and lock opening 3393, which was also hit perfectly.
We will now look for ema5 lock below 3393 to open the swing range or failure to lock below will see the upper Goldturns tested again.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3440 - DONE
EMA5 CROSS AND LOCK ABOVE 3340 WILL OPEN THE FOLLOWING BULLISH TARGETS
3463
EMA5 CROSS AND LOCK ABOVE 3463 WILL OPEN THE FOLLOWING BULLISH TARGET
3483
EMA5 CROSS AND LOCK ABOVE 3483 WILL OPEN THE FOLLOWING BULLISH TARGET
3508
BEARISH TARGETS
3418 -DONE
EMA5 CROSS AND LOCK BELOW 3418 WILL OPEN THE FOLLOWING BEARISH TARGET
3393 DONE
EMA5 CROSS AND LOCK BELOW 3393 WILL OPEN THE SWING RANGE
3372
3353
EMA5 CROSS AND LOCK BELOW 3353 WILL OPEN THE SECONDARY SWING RANGE
3330
3306
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold Cooling After Spike – $3375 Key Level to WatchBy analyzing the gold chart on the 4-hour timeframe, we can see that after surging to $3450 amid the Iran–Israel conflict, gold faced a pullback following a liquidity sweep above that level.
Currently, gold is trading around $3392, and after a potential correction down to $3375, I expect to see further upside movement.
⚠️ Stay cautious — gold remains highly volatile and sudden moves are likely!
GOLD H4 Update: Bulls will target 3600/3750 USD Market Update🏆 Gold Market Mid-Term Update (June 16, 2025)
📊 Price & Technical Outlook
Current Spot Price: around $3,414
Technical Setup
* Gold consolidating above major support at \~\$3,180–3,200
* Testing resistance at \~\$3,380–3,400; breakout could push toward \$3,600
* Recent price action considered a healthy consolidation with upside potential
🏆 Bull Market Overview
* Pullback likely complete; supported by strong geopolitical and macro tailwinds
* Key price levels: \$3,000 / \$3,200 / \$3,400 (resistance near \$3,400)
* Bullish target: \$3,600, with further upside possible if momentum holds
* Short-term dips remain buying opportunities—“buy the dip” remains favored
⭐ Recommended Strategy
BUY/HOLD: Continue to accumulate on dips, using \$3,200–3,300 as entry zones
Target: Maintain bull target at \$3,600, with breakout opportunity above \$3,400
🏦 Macro & Market Drivers
Fed & Central Bank Outlook
* Investors positioning for possible Fed rate cuts later this year, likely totaling around 75 bps by end of 2025
* Ongoing dollar weakness supports gold
Geopolitical Tensions
* Middle East unrest, U.S.–Iran dynamics, and global evacuations are fueling safe-haven demand for gold
* Continued volatility in global hotspots likely to keep gold elevated
Risk Appetite & Market Behavior
* Both stocks and gold are climbing—an unusual “optimism + fear” scenario
* Central banks, especially in China, India, and Turkey, have been strong gold buyers in 2025
* Speculative positions in gold futures remain high
U.S.–China & Trade Tariffs
* Unresolved U.S.–China tariffs and tensions continue to support gold
* Any easing in trade friction could temper gold’s advance
📰 Latest Market Sentiment
* Wall Street remains bullish on gold for the upcoming week, though some caution persists ahead of the upcoming Fed meeting
* Macro environment is seen as supportive for gold and other precious metals
* Gold’s rally is positively influencing the broader precious metals market
🌏 Demand Themes
* **Asian Buyers**: China may relax gold import quotas to manage currency, while India demand remains strong though can be seasonally slower
* **Central Banks**: Over 240 tonnes of gold added in Q1 by central banks, with China and India as top buyers
⚠️ Risks & Watchpoints
* Fed surprises: A more hawkish tone at the next meeting could push gold back toward \$3,200–3,300
* Geopolitical breakthroughs: Any stable resolutions could reduce safe-haven demand
* Large speculative position unwinds could create short-term volatility
🔎 Mid-Term Outlook Summary
| Scenario | Support | Resistance | Catalysts |
| --------- | ------------- | ---------- | ----------------------------------- |
| Base case | \$3,200–3,300 | \$3,400 | Rate cut expectations + geopolitics |
| Bull case | Above \$3,400 | \$3,600+ | Escalating risk, dovish Fed |
| Bear case | Below \$3,200 | — | Hawkish Fed, easing global tensions |
✔️ Final Take
* Technical and fundamental momentum supports a continued bull phase with key target at \$3,600
* Best strategy: accumulate on dips between \$3,200–3,300
* Key factors to watch: Fed’s next move (June 17), Middle East developments, U.S.–China trade actions, central bank buying
Gold - The final resistance breakout!Gold - TVC:GOLD - prepares a final rally:
(click chart above to see the in depth analysis👆🏻)
Over the past 12 months, Gold rallied more than +70%. However the past three months clearly rejected a major horizontal resistance. But price action on the smaller timeframe remains incredibly bullish. Therefore an all time high breakout will most likely follow.
Levels to watch: $3.500
Keep your long term vision!
Philip (BasicTrading)
Top 5 Most Effective Forex Trading StrategiesTop 5 Most Effective Forex Trading Strategies Used by Professional Traders
Forex trading requires not just knowledge, but discipline and a clear strategy. So what are the most effective forex trading strategies that professional traders consistently use to achieve sustainable profits?
Let’s explore the 5 most trusted strategies that have stood the test of time – helping you level up your skills and reduce risk in this trillion-dollar market.
1. Breakout Strategy – Catching the Wave When the Market Explodes
A breakout occurs when price moves beyond a key support or resistance level after a period of consolidation. This usually signals the start of a new trend.
Best for: Traders who love strong momentum.
Pro tip: Confirm breakout with volume or candlestick patterns (e.g., engulfing).
Caution: Avoid entering right after the breakout – wait for a retest.
2. Trend Following Strategy – Trade with the Market, Not Against It
“Trend is your friend” – one of the most famous sayings in trading. This strategy helps traders ride the main trend, buying in uptrends and selling in downtrends.
Recommended tools: MA 20, MA 50, RSI, MACD.
Insider tip: Combine with pullback entries (enter when price retraces to dynamic support/resistance).
3. Price Action Strategy – Reading the Market Without Indicators
Price Action focuses on interpreting pure price behavior, without relying on indicators. Many pro traders prefer this approach to understand market psychology in real time.
Advantages: Clean, flexible, sharpens decision-making.
Popular candlestick patterns: Pin Bar, Inside Bar, Fakey, Engulfing.
4. News Trading Strategy – For Quick Thinkers and Fast Hands
When major news events like CPI, NFP, FOMC, or rate decisions hit the market, volatility surges. This creates both high-profit opportunities and high risks.
Common tactic: Straddle – place Buy Stop & Sell Stop before news release.
Risk warning: Watch out for slippage and widened spreads.
5. Fibonacci & Confluence Strategy – High-Probability Entries
This strategy combines tools like Fibonacci retracement, trendlines, support/resistance zones, and moving averages to find high-probability entry points.
Strength: Optimizes Risk: Reward ratio.
Tip: Focus on Fib levels 0.382 – 0.618 (commonly used retracement zones).
Conclusion: The Best Strategy is the One That Matches Your Style
There’s no perfect strategy – but understanding and applying the one that best fits your trading style will help you avoid emotional decisions and build long-term consistency.
Remember: Risk management – Emotional control – Systematic discipline = Long-term trading survival.
OIL 2 Best Places For Buy Very Clear , Don`t Miss This 1000 PipsHere is my opinion on oil , we have a very aggressive movement to upside and this is normal right now , i`m looking to buy this Pair if the price go back to retest my support and this will be the best place to buy it for me , and if the price moved directly without retest it i will wait the price to break the other res and then i can enter a buy trade and targeting the highest level the price touch it , also if the price go back to retest my support and go up and closed above the other res i will add one more entry with the same target.
SPY/QQQ Plan Your Trade for 6-17: Top Resistance PatternToday's pattern suggests the SPY/QQQ will move into a type of topping pattern, attempting to identify resistance, then roll away from that resistance level and trend downward.
I suggest the news related to the conflict between Israel & Iran may continue to drive market trends with traders moving away from uncertainty near these recent highs.
Silver makes a big move higher. Gold will likely follow later this week or early next week.
BTCUSD moves into a sideways FLAGGING pattern - possibly attempting a BIG BREAKDOWN event over the next few weeks.
Overall, the markets look like they are poised for a very big move - just waiting for the GREEN LINK (GO).
Stay safe. Protect capital and HEDGE.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
SPY/QQQ Plan Your Trade For 6-16 : Up-Down-Up PatternToday's Up-Down-Up Pattern suggests the markets will transition into a moderate upward trending price bar - which is quite interesting in the world we have today.
War and a big weekend of events, protests and other new items could drive market trends over the next few days.
Still, the SPY Cycle Pattern for today is an Up-Down-Up - which suggests last Thursday was an Up bar, last Friday was a Down bar, and today should be an Up bar.
The Gold/Silver pattern is a POP pattern in Counter-trend.
I believe the US markets are benefiting as a safe-haven for capital as the global turmoil drives global investors to seek safety and security for their capital.
That means as long as the world continues to spin out of control, the US markets and the US-Dollar will act as a moderate safe-haven for capital.
Gold and Silver should also benefit from this global chaos.
Bitcoin is benefiting from the strength of the US markets (and the technology sector) as well.
Let's see how this week start to play out. I'm waiting for some more news.
Could be very interesting this week.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
DeGRAM | GOLD kept the rising channel📊 Technical Analysis
● Price rejected the channel roof near 3 435 again, carving a small evening-star and slipping back under the May trend-median 3 370 — a repeat of April/May fades.
● Bearish RSI divergence plus a break of the micro up-sloper (last three sessions) tips for a rotation toward the lower rail/3 295 support; loss of that opens the April pivot at 3 225.
💡 Fundamental Analysis
● Sticky US retail-sales and hawkish Fed comments keep 2-yr yields near 4.8 %, firming the DXY, while CFTC data show specs cutting longs for a second week — limiting bid depth.
✨ Summary
Sell rallies 3 410-3 430; sustained trade below 3 366 targets 3 295, stretch 3 225. Short view void on an H4 close above 3 450.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Positive market: OIL rises sharply - Important area to watch forThe recent escalation of tensions in the Middle East has had a strong ripple effect across all commodities market. Just as we observed with Gold, it’s no surprise we’ve seen oil prices climb as well, given this uncertainty.
If you’ve seen my latest Gold analysis, you’ll understand how market sentiment has turned uneasy, and in times like these are what people trust when everything else feels risky. And naturally, with everything going on, Gold is seeing stronger demand again, and I expect the price to steadily climb and reach new highs because the momentum is unmistakable.
On Friday the 13th, oil prices spiked abruptly before pulling back slightly, showing just how sensitive the market is to potential supply disruptions. What’s fueling this rally is obvious, and it’s the fear around supply from such an important oil-producing area. This creates a great opportunity to take a position.
As you can see in my analysis, the price has recently broken above a key resistance zone and may come back for a retest. If this level holds as support, it would really confirm the bullish bias and make the move towards my anticipated target of 77,50 high probability, towards the next resistance zone level at 77,50 and 79,50.
If the price remains over this support zone, my bullish outlook stays the same. But, if it doesn’t hold above this level we could see a slight pullback before another definitve move up.
In such times, it’s important to watch price action closely especially near key technical levels, and let the market show your next move.
WTI Crude Oil Regains Bullish MomentumWTI Crude Oil Regains Bullish Momentum
WTI Crude oil prices climbed higher above $70.00 and might extend gains.
Important Takeaways for WTI Crude Oil Price Analysis Today
- WTI Crude oil prices started a decent increase above the $65.00 and $68.50 resistance levels.
- There is a major bullish trend line forming with support at $71.50 on the hourly chart of XTI/USD at FXOpen.
Oil Price Technical Analysis
On the hourly chart of WTI Crude Oil at FXOpen, the price started a decent upward move from $65.00 against the US Dollar. The price gained bullish momentum after it broke the $68.50 resistance and the 50-hour simple moving average.
The bulls pushed the price above the $69.50 and $71.50 resistance levels. The recent high was formed at $74.80 and the price started a downside correction. There was a minor move below the 50% Fib retracement level of the upward move from the $69.55 swing low to the $74.83 high.
The RSI is now below the 60 level. Immediate support on the downside is near the $71.50 zone. There is also a major bullish trend line forming with support at $71.50 and the 61.8% Fib retracement level of the upward move from the $69.55 swing low to the $74.83 high.
The next major support on the WTI crude oil chart is near the $69.50 zone, below which the price could test the $67.90 level. If there is a downside break, the price might decline toward $65.20. Any more losses may perhaps open the doors for a move toward the $63.75 support zone.
If the price climbs higher again, it could face resistance near $72.50. The next major resistance is near the $74.80 level. Any more gains might send the price toward the $78.50 level.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Gold Takes the Throne as Safe Haven AgainThe recent escalation in the Middle East — particularly Israel’s surprise strike on Iran — has stirred up significant volatility in global financial markets. Oil prices surged, stock markets around the world turned red, just as many had predicted. However, in a surprising twist, capital did not rush into the usual safe havens like the US dollar or Treasury bonds. Instead, it flowed decisively into gold.
In fact, US Treasury yields have soared from 3.98% in April to around 4.42% now. This surge doesn’t signal growing confidence — it reflects investor demand for higher returns to compensate for the rising risk of holding dollar-denominated assets.
Against this backdrop, gold is emerging as an “unshackled safe haven” — immune to political instability tied to fiat-currency-issuing nations. The precious metal is once again proving its value in times of global uncertainty.
Hanzo / Gold 30 Min ( Accurate Tactical Break Out Zones )🔥 Gold – 30 Min Scalping Analysis (Bearish Setup)
⚡️ Objective: Precision Breakout Execution
Time Frame: 30-Minute Warfare
Entry Mode: Only after verified breakout — no emotion, no gamble.
👌Bullish After Break : 3412
Price must break liquidity with high volume to confirm the move.
👌Bearish After Break : 3372
Price must break liquidity with high volume to confirm the move.
☄️ Hanzo Protocol: Dual-Direction Entry Intel
➕ Zone Activated: Strategic liquidity layer detected — mapped through refined supply/demand mechanics. Volatility now rising. This isn’t noise — this is bait for the untrained. We're not them.
🦸♂️ Tactical Note:
The kill shot only comes after the trap is exposed and volume betrays their position.
Hanzo / Gold 30 Min ( Accurate Tactical Break Out Zones )
Gold’s uptrend is clear, controlled, and far from overGold remains the centerpiece of bullish momentum, trading within a well-defined ascending channel. Price continues to respect the structure, printing higher highs and higher lows, with no signs of exhaustion thus far.
A key resistance level was recently broken and has now flipped into support. Price is currently retesting this zone — a classic move in trending markets. If this area holds, it would validate the breakout and open the path for a potential move toward $3,460, aligning with the channel’s upper boundary.
As long as price stays above this retested support, the bullish outlook remains intact. A failure to hold, however, would invalidate the setup and shift focus to the lower channel boundary as the next area of interest.
Reminder: Always wait for confirmation before entering and apply strict risk management.