Gold
Beyond the Headlines - Gold Outlook June 16-20, 2025Beyond the Headlines: Gold's Ascent Amidst Global Shifts & Key Technicals 🌐🚀
Everything about the last week can be found here:
OANDA:XAUUSD 💰📈
We all know what's going on, I believe. Israel struck Iran 💥, and this conflict will likely take a bit before things cool down. 🥶
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## Geopolitical News Landscape 🌍📰
### Israel / Iran
Since June 12, Israel launched "Operation Rising Lion," targeting Iranian nuclear sites like Natanz and Esfahan – over 128 killed, Iran claims. 🇮🇷 retaliated with missile and drone strikes on Haifa and Tel Aviv, killing at least 10. 🚀
**Outlook:** 🔥 Tensions are spiraling. Without urgent mediation, full-scale regional war remains a real risk. 💣
### India / Pakistan
Since the May ceasefire, few clashes have occurred. However, both navies increased readiness, signaling potential escalation at sea. 🚢
**Outlook:** ⚖️ Peace is fragile. A strategic dialogue is key to avoiding a renewed border or maritime conflict. 🙏
### Gaza Conflict
Between June 7–15, Israeli strikes killed at least 41 Palestinians, including 8 near an aid center in Rafah. Over 55,000 total deaths, and famine is looming. 💔
**Outlook:** 🆘 Gaza remains a humanitarian catastrophe. Global pressure for access and a ceasefire must intensify. 🕊️
### Russia / Ukraine
June 13–15: Russia returned the bodies of 1,200 Ukrainian soldiers in a rare POW swap gesture. 🤝 Fighting remains intense in Sumy and Toretsk; Russia hit a major oil refinery. 🏭
**Outlook:** 🕊️ While symbolic moves continue, no peace is in sight – battlefield outcomes will shape diplomacy. ⚔️
### U.S. - China Trade War
The U.S. hiked tariffs to 55% on key Chinese goods. 🇺🇸🇨🇳 responded with 10% on U.S. imports. Talks yielded a partial truce, but military-use rare earths remain unresolved. 💻
**Outlook:** 🔧 Tech remains the battleground. Without progress on critical materials, the trade war may deepen. 📉
### Global Trade War
The OECD revised global growth downward due to rising tariffs from the U.S. targeting 🇨🇳, 🇲🇽, 🇨🇦. Global trade volume is expected to shrink by 0.2–1.5%. 📉
**Outlook:** ⛓️ Supply chain disruption is spreading. Global trade will stay under pressure without coordinated policy. 🌍➡️🌍
### Trump vs. Powell
Trump labeled Powell a "numbskull" for not cutting rates, suggesting he might "force something" if re-elected. 🗳️ The Fed maintains policy independence ahead of a critical June decision. 🏛️
**Outlook:** ⚔️ Political pressure on the Fed is mounting. Expect more friction as the election cycle heats up. 🔥
### U.S. Inflation
CPI rose 2.4% YoY in May (from 2.3%); Core CPI held steady at 2.8%. Monthly growth was modest at 0.1%. Key rises were seen in healthcare and vehicle prices. 🚗🏥
**Outlook:** Inflation is stable but sticky. 🚦 The Fed will likely hold rates steady until clearer disinflation signals appear. 📊
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## Technical View 📐📈
### Market Structure:
Gold shows a clear **bullish market structure** with higher highs and higher lows. ⬆️ Recent price action suggests we're in a strong uptrend with institutional buying pressure. 🏦
### Key Levels:
* The chart shows a significant low around the **$3,245 area** (marked as "Low") which could act as a key institutional support level. 💪
* The current high near **$3,446** represents a potential institutional resistance zone. 🛑
* Look for potential **order blocks** around the **$3,380-$3,400 range** where price consolidated before the recent breakout. 🧱
### Fair Value Gaps (FVG):
There appear to be several gaps in the price action during volatile moves, particularly during strong rally phases. These could act as future support/resistance areas. 📉📈
### Gann Analysis:
The price movement shows strong adherence to Gann principles:
* The rally from the low follows a steep angle, suggesting strong momentum. 🚀
* Key Gann angles would place support around the **$3,300-$3,320 zone**. 📐
* The current price near **$3,436** is testing natural resistance levels based on Gann square calculations. 📏
### Fibonacci Levels:
From the significant swing low to the current high:
* 23.6% retracement: ~$3,395 📉
* 38.2% retracement: ~$3,370 📉
* 50% retracement: ~$3,345 📉
* 61.8% retracement: ~$3,320 📉
The golden ratio levels suggest key support on any pullback would be around the **$3,370-$3,345 zone**. ✨
### Institutional Levels:
* **Weekly/Monthly Levels:** The **$3,400** and **$3,450** areas appear to be significant institutional levels based on round numbers and previous price action. 🏦💰
* **Smart Money:** The accumulation pattern before the breakout suggests institutional participation. 🧠💡
### Cycle Timing:
Based on the timeframe (appears to be 30-minute bars from May 26-June 15):
* We're seeing approximately **3-week cycles** in the major moves. 🗓️
* The current rally phase appears to be in its mature stage. 🌳
* The next potential cycle turn could be approaching, suggesting caution for new longs at current levels. ⚠️
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### Trading Considerations:
* Watch for rejection at current levels near **$3,446**. 📉
* Key support confluence around **$3,370-$3,345** for potential re-entry. 🎯
* Volume and momentum divergences would be critical for timing any reversal. 📊🔄
Other indicators tend to show bullish scenario enhancements. 🚀
Gold has formed a ** Standard Bullish Flag pattern ** over a time from early April till today. 🚩🐂
Also, the structure of a ** reverse Head & Shoulders ** is existing and has broken the neckline! 🔄🗣️
Another indicator is an existing "** Ascending Bull Flag **." ⬆️🚩
Please take the time to let me know what you think about this. 💬
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
Gold Eyes ATH Amid Escalating Geopolitical TensionsGOLD – OVERVIEW
Commodities, particularly gold, are experiencing strong bullish pressure due to escalating tensions between Israel and Iran. With no signs of negotiation or de-escalation, the ongoing conflict continues to fuel safe-haven demand. As long as geopolitical risks remain elevated, bullish momentum in commodities is expected to persist.
Technical Outlook:
Gold maintains a bullish structure as long as it trades above 3404. Holding above this level supports a continuation toward the ATH at 3486, with potential extensions to 3529 and 3560. A retest of the 3404 support remains possible, and an opening gap toward 3486 cannot be ruled out. Overall, the prevailing trend remains upward.
A bearish scenario would only be valid if tensions in the Middle East ease significantly or if negotiations between Israel and Iran begin.
Key Levels:
• Pivot: 3431
• Resistance: 3486, 3529, 3560
• Support: 3404, 3381, 3347
Turbulent Week Ahead? Gold Outlook June 9-13, 2025Hey fellow traders,
Let's dive into the OANDA:XAUUSD outlook for the upcoming week, June 9-13, 2025. The recent price action has been a rollercoaster 🎢, and the next few days promise even more fireworks 🎇.
Looking back at the 30-minute chart from May 22 to June 6, gold saw an initial consolidation, then a strong rally to multi-week highs near 3,420. However, this was followed by a sharp, dramatic reversal, pushing prices back below 3,300. This "bull trap" 🐂 pattern suggests underlying weakness and potential preemptive market positioning.
Another view on this could be the possibility that a gap on the chart at 3300-3295 of around $5 could get closed. Since strong support is right below this, it could serve as a good launchpad 🚀 for an upward rally. Let's see if the upcoming Asia session on Monday triggers this because its only - $14 from $3309.
Key Drivers for the Week Ahead:
📅 June 9, 2025 (Monday)
US-China High-Level Trade Talks Commence in London
High-level delegations from the United States and China began trade discussions in London. This meeting followed an announcement by President Donald Trump on Friday, June 6, 2025, who described a preceding 90-minute phone call with Chinese President Xi Jinping as "very positive".
The US delegation included Treasury Secretary Scott Bessent, Commerce Secretary Howard
Lutnick, and US Trade Representative Jamieson Greer, reflecting a coordinated approach to addressing complex trade issues. The talks were primarily aimed at resolving the ongoing bilateral trade war, with a particular focus on tariffs and the global supply of critical rare earth minerals.5 While no specific time for the commencement of talks was provided, it is understood they began during London's daytime, approximately (10:12 CEST / 04:12 EDT).
These discussions occurred in the context of a temporary 90-day agreement reached on May 12, 2025, which had seen the US reduce its tariffs on Chinese imports from 145% to 30%, and China reciprocate by lowering its tariffs on US goods from 125% to 10%.9 However, this temporary truce is set to expire in early August, and President Trump had recently accused China of violating the agreement, specifically regarding critical mineral exports. The broader bilateral relationship remains strained by issues extending beyond tariffs, including restrictions on advanced chips, student visas, and concerns over China's state-dominated economic model.
The prompt scheduling of these high-level talks immediately after a leader-to-leader call suggests a tactical move towards de-escalation of immediate trade tensions, aiming to prevent a full-blown trade war. The objective appears to be managing current conflicts rather than achieving a fundamental resolution, especially with the May 12 agreement nearing its expiration. The core disputes, such as control over rare earths and technology, are deeply entrenched and reflect a broader geopolitical competition rather than mere economic disagreements. This pattern of temporary de-escalation followed by persistent underlying tensions indicates a long-term,structural competition. It suggests that trade policy is increasingly intertwined with national security and geopolitical strategy, implying that businesses should anticipate continued volatility and strategic decoupling in certain sectors, rather than a return to pre-trade war normalcy.
Other big movers for gold will be the US inflation reports. 💥
📅 Wednesday, June 11 (14:30 CEST / 08:30 EDT):
We get the crucial US Consumer Price Index (CPI) data.
Watch for Core CPI (YoY) with a forecast of 2.9% and headline CPI (YoY) at 2.5%.
📅 Thursday, June 12 (14:30 CEST / 08:30 EDT):
The US Producer Price Index (PPI) follows.
Forecasts are for Core PPI (YoY) at 3.0% and headline PPI (YoY) at 2.6%.
📊 These numbers are critical. If inflation comes in hotter 🔥 than expected, it will likely strengthen the US Dollar 💵 and push real interest rates higher 📈, making gold less attractive. This could trigger further declines 📉, especially given the current market structure. Conversely, cooler 🧊 inflation could spark a significant rebound 🔄.
Beyond US data, keep an eye 👁️ on speeches from various European Central Bank (ECB) officials throughout the week, including President Lagarde on Tuesday (23:15 CEST / 17:15 EDT). Their collective tone 🎤 could influence EUR/USD dynamics and indirectly impact the US Dollar Index, offering a counterbalance ⚖️ or amplification to gold's movements.
Key Numbers and Technical Levels to Watch:
Gold is currently sitting on a substantial speculative net long position of 187.9K contracts. This is a massive amount of bullish bets 📊🐂, making gold highly vulnerable to rapid liquidation 💣 if the fundamental picture turns sour. A "long squeeze" could amplify any downside move.
Immediate Support: The 3,300 level is paramount. A decisive break below it would signal further weakness. Below that, 3,250 is strong technical support where we saw a bounce previously.
Overhead Resistance: Look for resistance at 3,350-3,360, and then the recent peak of 3,420. Reclaiming these levels would require a significant shift in sentiment.
Expect high volatility ⚡, especially around the US inflation releases. Trade smart 🧠, manage your risk ⚖️, and stay nimble! 🏃
Geopolitical News Landscape 🌍
India / Pakistan
The ceasefire from May 10 is holding, but diplomatic relations remain frosty. India has launched a global image campaign to gain support, while Pakistan insists on dialogue and accountability.
Outlook: Without substantial agreements on border terrorism and water issues, tensions will stay latently high, with potential for new escalation risks. ⚠️
Gaza Conflict
Violence escalated again in early June. Israel intensified attacks, killing civilians seeking aid in Gaza City, and at least six people were killed at a distribution point.
Outlook: The humanitarian situation continues to worsen 🚨, and international mediation efforts are urgently needed. However, an immediate ceasefire seems unrealistic. ❌
Russia / Ukraine
In the first week of June, Russia launched one of its largest series of attacks: hundreds of drones and missiles hit Kharkiv and Kyiv, resulting in civilian casualties. Simultaneously, a planned prisoner exchange has stalled.
Outlook: Strategic air attacks will likely continue 💥, and the prisoner exchange remains deadlocked. Without a diplomatic initiative, the conflict will stay entrenched. 🕳️
U.S.–China Trade War
Following talks between Trump and Xi, new negotiation rounds are expected in London. China has opened up rare earth exports, a sign of cautious de-escalation.
Outlook: If dialogue channels open 🗣️, systemic trust could grow, but genuine reforms remain uncertain. 🤔
🌐 Global Trade War
The OECD has lowered its growth outlook to 2.9%, warning of protectionism 🧱 and delayed investments. The ECB is also maintaining synchronization with the FED.
Outlook: Without de-escalation, the world faces a global economic slowdown 🐌 and permanent fragmentation of supply chains. 🔗
🏛 Trump vs. Powell
Trump has again complained about the FOMC's hesitancy, nicknaming Powell “Too Late,” and demanding a full 1% interest rate cut.
Outlook: Pressure is mounting 📣. Whether the Fed yields depends on if inflation and labor data allow for a loose policy. 🎯
💵 U.S. Inflation – May 2025
Forward-looking data shows a weakening services sector and consumer prices rising again as tariffs pass through. Official CPI data for May 2025 will be released on June 11.
Outlook: Higher inflation could halt the Fed's "dereflexion" course — a dilemma ⚖️ between growth 📈 and price stability. 🛑
Technical View 📐
Regarding the major Head and Shoulders (H&S) reversal pattern on the 4H chart I shared previously, I'd like to explain some new developments that are altering its potential outcome.
Since the price has re-entered and fallen below the neckline, I activated my "second brain cell" 🧠 to guess what could be next. This led me to revise the larger 4-hour chart structure with the adjustments shown in the accompanying image.
As you can also see in the updated version below, a reversed H&S pattern remains a possibility, as the proportions still appear valid. 🔄
Potential Scenarios for Gold 🧩
Under this revised idea, Gold could potentially reach the neckline entry at 3397 (+88) from the current price. This is one plausible scenario. ✅
Alternatively, the price could drop further to the "Head" at 3120 (-191 from the current 3309), which would, of course, invalidate this H&S pattern. ❗
While this is speculative 🔮, given that trading often involves psychological movements and their resulting impacts, I believe this is a favorable approach to forecasting.
Another reason to see it as bullish is the formed standard bull flag 🚩🐂.
Please take the time to let me know what you think about this. 💬
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
"Due to the economic crisis, the gold market may open with a gap"Due to the economic crisis, the gold market may open with a gap tomorrow."
This upward trend is attributed to increased demand for gold as a safe-haven asset amid geopolitical uncertainties. The conflict has also led to a spike in oil prices and a decline in global stock markets, further enhancing gold's appeal .
XUA/USD) Bullish trand support level Read The captionSMC trading point update
Technical analysis of (XAU/USD) on the 30-minute timeframe, incorporating a support zone and trendline confluence strategy. Here's a breakdown
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Analysis Summary
Key Technical Elements:
1. Uptrend Channel:
Price is trading within a rising channel.
Higher highs and higher lows indicate bullish momentum.
2. Support Zones:
Key Support Level (near 3,400): A horizontal support zone has been marked where price previously bounced (confirmed by green arrows).
Trendline Support: This upward sloping trendline adds confluence to the horizontal support zone.
3. EMA 200 (3,377.96):
Acts as a dynamic support level.
Price is well above the EMA, supporting bullish sentiment.
4. Projected Price Move:
The chart anticipates a dip back to the support area (~3,400), followed by a bullish bounce.
Target is clearly defined at 3,504.01, with a measured move of about +103.36 points from the support.
5. RSI Indicator:
RSI is around 57, which is neutral to slightly bullish.
No overbought/oversold signal yet – supporting potential for more upside.
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Bullish Bias Reasoning:
Confluence Zone: Horizontal + trendline + EMA 200.
Healthy Price Structure: Higher lows being maintained.
Momentum Indicator (RSI) supports continuation.
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Risks / Considerations:
If price breaks below the confluence support (~3,400), bullish invalidation may occur.
Monitor for false breakouts or heavy selling pressure near resistance.
Mr SMC Trading point
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Trading Plan
Buy Zone: Around 3,400 (support confluence).
SL: Below the trendline/EMA – e.g., 3,370 or lower.
TP: Around 3,504 (target zone marked).
Please support boost this analysis)
XAUUSD BULLISH OR BEARISH DETAILED ANALYSISGold (XAUUSD) continues to maintain strong bullish momentum, with current price action sitting around 3,430. We have been holding a bullish outlook since the key accumulation zone between 3,150 and 3,200. Price has consistently formed higher highs and higher lows, and recent consolidation has broken out with conviction. Based on technical structure, my immediate upside target is 3,500, where I expect price to react before potentially extending even higher depending on upcoming macro drivers.
Fundamentally, gold is being fueled by a combination of sticky inflation data and a cautious Fed stance. Even though the FOMC held rates steady in June, market expectations are shifting towards policy easing later in the year due to softening labor data and a cooling economic outlook. Additionally, geopolitical uncertainties and continued central bank gold buying remain strong tailwinds for the metal. The U.S. dollar index has shown minor weakness post-CPI, offering further support to gold bulls.
Technically, the daily chart shows a clean bullish flag breakout that aligns with the trendline support and impulsive wave structure. Price broke above 3,400 with strong volume and minimal resistance, indicating clear bullish dominance. As long as price holds above the 3,380–3,400 zone, continuation toward 3,500 remains highly probable. There is also confluence from previous structure highs and minor Fibonacci extension levels around that mark.
Overall, I remain confidently long on XAUUSD. I’ve been tracking this bullish cycle since the 3,150–3,200 region and continue to favor upside moves backed by macroeconomic and technical alignment. I’ll be watching key reaction zones near 3,500 for potential profit-taking, while holding swing positions with dynamic risk management in place.
Unlock Gold's Secrets: A Daily Tape Reading Analysis for XAUUSDHey everyone! Today,
we're diving deep into XAUUSD (Gold) using a daily candle tape reading approach that aims to uncover critical turning points and price levels. If you're looking for an edge in understanding Gold's movements, this analysis could be a game-changer.
On the accompanying chart, you'll see yellow horizontal lines that highlight key bullish and bearish price levels. These aren't just arbitrary lines; they represent significant battlegrounds where buyers and sellers have historically shown their hand.
In addition, the vertical lines on the chart pinpoint specific days where we've observed a change in trade direction or a potential reversal. It's important to note that these shifts can sometimes occur within one or two candles before or after the marked day, so keep an eye on the immediate vicinity.
We're interpreting these price levels with a 3% to 5% tolerance, allowing for the natural ebb and flow of the market around these crucial points.
Key Price Levels to Watch:
Bullish Price Levels:
3477.67: A critical zone where bullish momentum has historically taken hold.
3522.40: Another strong support level that could propel Gold higher.
3562.30: Watch this level for signs of continued upward pressure.
3631.31: A significant resistance-turned-support level that could signal a strong bullish continuation.
Bearish Price Levels:
3323.72: A key level where bearish pressure has often intensified.
3245.09: If this level breaks, it could indicate further downside for Gold.
3165.42: A crucial support level; a breach here could accelerate a downtrend.
3077.23: The ultimate test for the bears; a break below could signal a more substantial correction.
__________________________________________________________________________________
What are your thoughts on these levels? Have you noticed similar patterns in your own XAUUSD analysis? Share your insights in the comments below!
⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance
Missiles in the Middle East, Headwinds on Nasdaq: NAS100 onHey There;
The trend line on the NAS100 has been broken to the downside. My target level after this breakout is 21,299.47. If the price moves towards this level, I think it will reach my target in line with fundamental analysis due to the broken trend line and Iran-Israel war tensions.
I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses.
I’m truly grateful for each of you—love to all my followers💙💙💙
Gold Spot (XAU/USD) Daily Chart Analysis – Bullish Breakout Towa🔥 Gold Spot (XAU/USD) Daily Chart Analysis – Bullish Breakout Towards New ATH 📈✨
📊 Chart Overview:
Gold has shown a strong bullish daily candle breakout above the key Resistance & Support Zone around $3,430, turning this critical level into a potential support. The upward move signals continuation of the trend, especially amid global tensions (as annotated: “War going on...”), which historically drive gold prices higher due to its safe-haven appeal. 🪙🛡️
🔍 Key Technical Highlights:
🟩 Resistance Turned Support – Price has decisively broken the previous resistance (green zone), suggesting bulls are in control. A successful retest of this area could provide a solid base for further upside.
🚀 Next Target: New All-Time High (ATH) – The chart projects a bullish move towards the $3,480+ level, forming a new ATH. Momentum and macroeconomic factors (e.g., geopolitical conflict) support this bias.
🟫 Support Level – The orange zone below (~$3,140–$3,160) remains a strong support area and demand zone, providing a cushion if price pulls back.
🕯️ Candlestick Structure – Recent candles show strong bullish momentum with minimal wicks on top, indicating buyers are closing near highs — a bullish signal.
📈 Projection Path – An ideal bullish path is visualized: a potential pullback/retest followed by a continuation rally.
🔔 Conclusion:
Gold looks poised to rally further, supported by technical breakout and macro catalysts. 📌 Watch for:
Confirmation of the retest holding.
Continuation volume.
Potential pullbacks as re-entry opportunities.
🛎️ Trading Idea: Buy on retest confirmation ✅
🎯 Target: $3,480+
🛡️ Stop-loss: Below $3,410 (to protect against false breakout)
📌 Stay alert for global headlines! 🌍📰 Gold remains a prime asset in uncertain times.
GOLD 1H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 3340 and a gap below at 3418. We will need to see ema5 cross and lock on either weighted level to determine the next range.
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
3340
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
EMA5 CROSS AND LOCK BELOW 3418 WILL OPEN THE FOLLOWING BEARISH TARGET
3393
EMA5 CROSS AND LOCK BELOW 3393 WILL OPEN THE SWING RANGE
3372
3353
EMA5 CROSS AND LOCK BELOW 3393 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 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone,
This is an update from last weeks 4H chart route map, as levels are still valid and playing out as analysed. I have only updated the swing ranges accordingly.
3376 and 3438 was hit perfectly last week with ema5 cross and lock confirmation. We are now looking for ema5 cross and lock above 3438 for a continuation into 3498. Failure to lock above will follow with a rejection into the lower Goldturns for support and bounce inline with our plans to buy dips.
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
3376 - DONE
EMA5 CROSS AND LOCK ABOVE 3376 WILL OPEN THE FOLLOWING BULLISH TARGETS
3438 - DONE
EMA5 CROSS AND LOCK ABOVE 3438 WILL OPEN THE FOLLOWING BULLISH TARGET
3498
EMA5 CROSS AND LOCK ABOVE 3498 WILL OPEN THE FOLLOWING BULLISH TARGET
3551
BEARISH TARGETS
3302
EMA5 CROSS AND LOCK BELOW 3302 WILL OPEN THE FOLLOWING BEARISH TARGET
3235
EMA5 CROSS AND LOCK BELOW 3235 WILL OPEN THE SWING RANGE
3171
3113
EMA5 CROSS AND LOCK BELOW 3113 WILL OPEN THE SECONDARY SWING RANGE
3045
2987
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 DAILY CHART ROUTE MAPHey Everyone,
Following up on our previous analysis, price action has continued to respect our Goldturn channel beautifully. After the strong move to 3272, we saw another push toward the channel top near 3433. This time, the ascending movement to the channel top was completed perfectly, hitting inline with our 3433 axis target.
The key takeaway here is that the channel levels are being respected with precision, validating the strength and reliability of our Goldturn channel framework. 3272 continues to provide solid support, and price remains well-contained within our defined range, reaffirming our strategy of buying dips near the lower end rather than chasing strength at the top.
We will now look for a break above the channel and then support to form above the channel top to confirm a continuation higher. However, failure to lock above the channel will likely result in a rejection back into the range, reinforcing the significance of these key levels.
We remain focused on trading within this structure, using our weighted Goldturns to guide entries on the lower timeframes (1H and 4H). As long as the range remains intact, we’ll continue to target quick 30–40 pip intraday moves while keeping an eye out for a breakout setup.
This is the beauty of our Goldturn channels, drawn using weighted averages rather than pure price action. This method helps us filter out noise and stay on the right side of the market, avoiding common traps.
Keep a close eye on how price behaves around 3272 and 3433. A clean break and sustained hold above the channel top could shift the game, but until that happens, we stick to the range plan.
Let’s stay patient and disciplined.
Mr Gold
GoldViewFX
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Following up on last week’s chart update, we saw another perfect test of the channel top, right in line with our Goldturn Channel expectations. The new weekly candle completed the channel top challenge with precision.
Our weekly chart idea is now playing out perfectly. We continued to get strong support above 3281, followed by another hit onto the 3387 channel top. But this time, we got something new: a body close above 3387, which confirms the gap to 3482 as active. We’ll now look for that 3482 target to be hit, ascending inline with the channel top.
Any rejection around these upper levels will likely see price retrace to find support at lower Goldturn levels. These are opportunities we’ll be watching closely to buy back in.
Price action remains well-contained between 3281 and 3387, but with that recent close above 3387, we’re now shifting focus toward higher expansion. The structure is rising, and the channel is guiding price beautifully, offering more room for smart, calculated positioning.
As long as we hold above the half-line and especially above 3281, we stay in buy-the-dip mode, favouring long setups from intraday Goldturn zones for quick 20–40 pip scalps or more extended swing entries when structure permits.
Should we see a failure to maintain above 3387 or a close back below 3281, we’ll reassess potential movement toward the lower channel boundary. Until then, the structure remains bullish within the channel and price is following our path perfectly.
The Goldturn methodology continues to prove its worth, cutting through noise, filtering out the fake outs, and keeping us on the right side of the market.
Stay sharp, stay patient.
MR GOLD
GOLDVIEWFX
GOLD (XAUUSD): Support & Resistance Analysis For Next Week
Here is my latest structure analysis and
important supports & resistances for GOLD XAUUSD
for next week.
Consider these structures for pullback/breakout trading.
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Potential outside week and bullish potential for NEMEntry conditions:
(i) higher share price for ASX:NEM above the level of the potential outside week noted on 13th June (i.e.: above the level of $88.35).
Stop loss for the trade would be:
(i) below the low of the outside week on 11th June (i.e.: below $80.70), should the trade activate.
XAUUSD - High possibility of volatile market opening (20250616)Well, it is quite obvious we have a volatile geo-political crisis this weekend, so market may overreact once again to bring Gold to at least 3500 opening.
Looking at volume, though Gold is in uncharted territory and it can be move as high as 3550 - 3600, I rather play for a quick profit.
Hope later this Sunday, we can find some positive news that can at least hold the surge of Gold to minimum.
Trade safe, Trade wisely. Monday will be a very volatile opening.
Gold Testing Daily Resistance – Will the Breakout Hold?Gold is currently testing a major 1D resistance zone at 3432–3450 after a strong bullish move.
• 1D Chart: Price has rallied back into the resistance zone after bouncing from ascending trendline support.
• 4H Chart: Strong momentum candle broke through the prior 4H resistance zone at ~3360, confirming bullish pressure.
• 1H & 23m Chart: Price is holding within a bullish channel, but showing signs of consolidation under key resistance.
Key Zones:
• Support: 3380 / 3360
• Resistance: 3432–3450
Bias: Bullish above 3360. Needs daily close above 3450 for continuation.