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Gold-----Sell near 3405, target 3390-3360Gold market analysis: Yesterday's daily line closed with a big negative line, which was basically a day to kill the buying. Today's idea is to sell in the short term. The daily and weekly trends have not yet turned to selling. Although the daily line closed with a big negative line yesterday, its shape and indicators have not completely turned to selling. There is still motivation to buy in the later stage. In addition, Iran and Israel are still fighting. It is still difficult to see a deep decline in the short term. We estimate that today's Asian session will rebound slightly and then fall. If today's daily line continues to fall again, it may enter a new short-term selling mode. We are just a follower. We follow the short-term. If the short-term trend is bearish, we will rebound and sell. The daily line closes the negative Asian session and waits for the opportunity to sell. In the Asian session, we pay attention to the suppression of the 3410 position. It is the suppression position of the shape, the suppression position of the 1-hour moving average, the central axis position of yesterday's big drop, and the suppression position of the daily line. If the Asian session stands on 3410, it may bring a new technical rise in buying. After all, the shape of the daily line is still buying. Secondly, if it breaks 3382, it can continue to sell it with a small rebound. 3405 is also a suppression, and it is also considered to sell when it is close. Pressure 3405 and 3410, support 3282, the strength and weakness dividing line 3400. Fundamental analysis: Yesterday, Iran and Israel started bombing each other again, and the situation began to escalate. Operation suggestion Gold-----Sell near 3405, target 3390-3360
OANDA:XAUUSDShort
by NuggetsWarriors
2
Geopolitics and Fed policies dominate the trend of gold prices 📌 Gold news On Monday, boosted by the risk aversion of the Iran-Israel war, the gold price hit a high of 3452, but the continuity was not strong, and a series of other adjustments appeared; let's briefly sort it out: 1: Adjustment: Adjustment is normal. If the market rises, if the risk aversion does not continue to exert force, then the gold price can only return to technical adjustments. Therefore, Monday's adjustment trend and the decline trend are normal! 2: Risk aversion trend: The risk aversion trend will not be reversed for the time being! Once the war starts, it will not end easily; unless the interests of both sides are not damaged, the two sides agree to a ceasefire, but at present, the hope and probability are relatively small, so the risk aversion trend is the mainstream of the current global market; 3: The direction of the Iran-Israel war is nothing more than a few possibilities: A: The war expands, the surrounding countries stand in line, and the US and Western imperialism join the battlefield; the war expands rapidly! At the same time, Iran is forced to block the Strait of Hormuz! This is a manifestation of escalating war; B: Both sides, as well as the forces behind them, have calculated their interests, reached an agreement, and agreed to end the war conflict; this mainly depends on Iran's attitude; is it "powerful and unyielding", continuing to oppose the United States and imperialism; or is it pro-American, completely changing its identity, or changing its identity to submit to Israel and the United States; To sum up: risk aversion eased slightly on Monday, but the overall global market is still risk-averse; technical adjustments are normal trends; but don't completely ignore the importance of risk aversion and risk aversion control because of technical adjustments; in addition, the subsequent results of the Middle East war are nothing more than the above two; what determines all this is the attitude of both sides; 📊Comment Analysis Although the gold price fell below 3400 and the short-term trend changed, the general direction still remains bullish. In the future, it is still expected to hit the high point of 3500, but it is necessary to wait patiently for the bottom to stabilize before choosing the opportunity to buy the bottom. The current market is changing rapidly, and investors should adhere to the principle of following the trend and flexibly adjust their trading strategies. 💰Strategy Package Short-term gold 3383-3393 long, stop loss 3372, target 3420-3440; Short-term gold 3420-3430 short, stop loss 3435, target 3390-3370; ⭐️ Note: Labaron hopes that traders can properly manage their funds
OANDA:XAUUSDLong
by RupertNoel
1
Is this week a chance for gold to break through 3,500? ⭐️Gold Information: Gold prices surged for the third consecutive trading day on Friday as geopolitical tensions intensified after Israel launched a military strike on Iranian targets, including nuclear facilities and key leaders. The escalation of the situation triggered widespread risk aversion in global markets, stimulating demand for safe-haven assets. As of the time of writing, XAU/USD was trading at $3,431. Gold surged to a five-week high of $3,446 before giving up gains as traders took profits before the weekend. Geopolitical turmoil, coupled with dovish signals released by recent US inflation data, reinforced expectations that the Federal Reserve may begin to cut interest rates later this year - despite improved consumer confidence. These factors together support the bullish momentum of gold. ⭐️Personal Comment: Continued military tensions next week are a big driving force for gold prices to continue to break through 3,500 . 🔥 Technical aspects: Based on the resistance and support levels of gold prices in the H4 framework, the following important key areas can be identified: Resistance: $3488, $3502, $3562 Support: $3382, $3342
TVC:GOLDLong
by RupertNoel
2
Gold may usher in new opportunities Key fundamental drivers - Middle East tensions and nuclear negotiations Despite the ongoing tensions, Iran's signal of restarting nuclear talks has reduced risk aversion, triggering an intraday sell-off in gold, and the market has digested the reduced possibility of escalation of the conflict. The turbulent situation in the Middle East remains a trigger for market volatility, and any downgrade/escalation signals may trigger sharp fluctuations in gold prices. - Fed policy and rate cut bets The Fed kept interest rates unchanged this week, but Powell's "data-dependent" stance has raised market expectations for a September rate cut to 60%. A dovish meeting statement could push gold prices above $3,400, while a delayed rate cut signal could drag gold prices to $3,350. Short-term outlook In the short term, gold prices may fluctuate between $3,350 and $3,450, and a breakthrough depends on: - Upside catalyst: Escalating tensions in the Middle East + weak retail sales data may push gold prices to $3,450. - Downside risks: Fed hawkish signals + fading geopolitical risks could push prices to $3,300. Key event risks - June 19: Fed policy meeting (expected to be dovish) - June 21: US CPI data (inflation indicator to measure the timing of rate cuts) - Middle East situation: progress in nuclear negotiations and conflict dynamics 💰Strategy Package Set gold price: 🔥Sell gold area: 3390-33396 SL 3400 TP1: 3380 US dollars TP2: 3375 US dollars 🔥Buy gold area: $3374-$3366 SL $3360 TP1: 3390 US dollars TP2: 3400 US dollars
OANDA:XAUUSDLong
by RupertNoel
1
Gold is under pressure! What is the key to breaking the deadlock 📌 Core driving events The conflict between Iran and Israel has entered the fifth day. Air raid alerts in Tel Aviv are frequent. The fire on a cruise ship in the Strait of Hormuz has exacerbated the panic of energy transportation. Safe-haven buying supports gold prices; Trump's contradictory statement of "peace talks + tough" (may send executives to meet but demand "unconditional surrender") has exacerbated the market's disagreement on the direction of the conflict, and risk aversion has fluctuated repeatedly. The Federal Reserve will announce its interest rate decision today. The market expects it to remain unchanged at 4.25%-4.50%, but Powell's statement on rate cuts will affect the trend of the US dollar (Trump continues to pressure for a 1 percentage point rate cut). 📊Comment Analysis 1-hour chart: 3396 becomes the intraday strength and weakness watershed The Asian morning session hit a high of 3396 US dollars and fell back. This point is the previous high pressure point. If the intraday rebound does not break through this position, the bearish thinking will be maintained; 💰Strategy Package Set gold price: 🔥Sell gold area: 3390-33396 SL 3402 TP1: 3380 US dollars TP2: 3375 US dollars 🔥Buy gold area: $3374-$3368 SL $3362 TP1: 3390 US dollars TP2: 3400 US dollars ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds
OANDA:XAUUSDLong
by RupertNoel
1
Iran releases easing signals, gold is still bullish 📣Golden News 1. Iran sends a signal of easing. U.S. media reported that under the pressure of Israeli air strikes, Iran has used Arab intermediaries to send a peace signal to the United States and Israel - asking the United States not to carry out air strikes as a prerequisite for restarting nuclear negotiations, and emphasizing to Israel that controlling violence is in the common interest. 2. Israel's firm stance. Israeli warplanes fly freely over the Iranian capital, and Iran's counterattack is ineffective. Israel is still focused on dismantling Iran's nuclear facilities and weakening its theocratic regime, and there is no motivation to cease fire in the short term. 3. Gold's reaction and strategy. Iran's peace proposal caused the price of gold to plummet to as low as $3,382. However, since the situation in the Middle East has not eased significantly, it is recommended to buy on dips and pay attention to the support level of $3,400. ⭐️Set gold price: 🔥Sell gold area: 3465-3475 SL 3485 TP1: 3450 USD TP2: 3440 USD TP3: 3430 USD 🔥Buy gold area: 3390-3388 USD SL 3383 USD TP1: 3400 USD TP2: 3410 USD TP3: 3422 USD
OANDA:XAUUSDLong
by RupertNoel
1
Israel attacks Iran, gold price correction can be long gold 📣Gold news Today, Israel launched an attack on Iran, and the gold price reached a high of $3,433/ounce, the highest level since May 6, and the weekly increase exceeded 3.6%, the highest level since the week of May 19. Spot gold continued to rise during the US trading session on Thursday, reaching a weekly high of $3,398.55/ounce. However, in the afternoon of the same day, the Chinese Ministry of Commerce stated that China and the United States reached a principled agreement on implementing the consensus of the heads of state call and consolidating the results of the Geneva talks, and made new progress in resolving each other's economic and trade concerns. Affected by the easing of the Sino-US trade situation, the safe-haven demand for gold dropped sharply, and the price fell rapidly by $30 from the high, reaching a low of $3,338/ounce. The market risk appetite has rebounded significantly, and the risk aversion sentiment has cooled significantly. Combined with the fact that the monthly and annual rates of the US CPI released in the evening were both lower than expected, indicating that inflationary pressure has not intensified. After the data was released, the market's expectations for the Fed to cut interest rates by 50 basis points before the end of the year have further increased. 📊Technical analysis: Technically, the upper track of the daily line is still in a flat state. The current market has reached a high of around 3444. After the rise on Thursday, it is expected that there will be little room above. Since the market is in a volatile rise, it is not suitable to directly chase the rise. The 4-hour Bollinger band continues to diverge upward, and the moving average is arranged in a bullish pattern, indicating that the current market is in a strong position. If it breaks high on Thursday, there will be a chance of rising on Friday. In terms of operation, keep the idea of ​​​​calling back and going long. If it falls below 3367 again, there will be repeated fluctuations. Today's operation strategy💰 If the gold price falls back to around 3375, go long. If it is around 3370 and 3365, add more. Stop loss at 3360. Target 3420-3430 Sell short near 3430. Add shorts in batches near 3430 and 3435. Stop loss at 3440. Target 3380-3374 (If you have just entered the market, the gold market is confusing. The operation direction is always reversed. The entry price is not sure. The position is trapped. You can contact Labaron to get the gold price trend analysis And online guidance for unwinding! ) There is no unsuccessful investment, only unsuccessful operation. We have been deeply involved in the industry for more than ten years, with rich practical operation experience and unique trading concepts. We have a global and stable trading system here. We have studied gold, crude oil and other investment fields for many years, with a solid theoretical foundation and practical experience. We are good at combining technical and news operations, focusing on fund management and risk control, and have a stable and decisive operation style. We are recognized by the majority of investment friends for our easy-going and responsible personality and sharp and decisive operations. The analysis article only describes the possible future of the market and expresses opinions. It is not used as a basis for investment decisions. Investment is risky. Trading may not pay attention to reasonable position allocation, fund management and risk control. Do not trade without risk control. Don't let the transaction get out of control.
OANDA:XAUUSDLong
by Labaron
XAU/USD 4H Updated Technical Analysis 06/12/20254H Market Structure & Trend Gold (XAU/USD) is trading around $3,383, showing a generally bullish market structure on the 4-hour chart. The price has been making higher highs (HH) and higher lows (HL) – a classic uptrend pattern Recently, bulls broke above a notable resistance level (a Break of Structure, or BOS), confirming continued upside momentum So far no Change of Character (CHOCH) signal (which would require a lower low to hint at a trend reversal, meaning the uptrend remains intact. Gold is also trading above its daily pivot point (3370), reflecting a bullish intraday bias Overall, sentiment on the 4H timeframe is positive unless key support levels give way. Key Support & Resistance Zones (Demand vs. Supply) Support (Demand Zones): Immediate support lies in the 3355 – 3340 region (marked by S1 and S2). This zone lines up with prior price congestion and is viewed as a demand zone, where buyers have historically stepped in In fact, multiple support levels cluster here (e.g. previous lows and trendline intersection), creating a broad buy zone. The idea is that as price dips into this area, buy orders are likely waiting, and the deeper it goes into the zone, the more attractive it becomes for bulls If 3340 fails, the next support is around 3325 (S3), another potential demand area where gold found a footing earlier. Traders will watch these support zones for bullish reversal signals (like a strong bounce or candlestick patterns) to confirm that demand is indeed active. Resistance (Supply Zones): On the upside, initial resistance is seen at 3385 (R1), with a stronger supply zone around 3400 (roughly the R2 3402 level). Here, multiple technical levels overlap – including a recent swing high and a psychological round number. This convergence of resistances creates a supply zone where sellers may be waiting. As gold approaches 3385–3402, it’s likely to encounter profit-taking or new short positions. If price does punch through 3400, the next resistance is around 3415 (R3), which could attract even more selling interest. Within the 3385–3415 zone, expect price to possibly stall or reverse, unless bulls muster a strong breakout. Traders should be cautious about bullish positions as price nears this supply area, and watch for any bearish reversal clues (like wicks or a double-top) indicating that sellers are active Fibonacci Retracement Confluence Recent price swings show Fibonacci retracement levels aligning with the above zones, adding confidence to those areas. For instance, the rally from the last 4H swing low (around 3325) up to the recent high (~3385) has a 50%–61.8% Fibonacci retracement roughly in the 3340–3355 range. Fibonacci levels often pinpoint where price might stall or reverse during a pullback, and indeed this $3,340-$3,355 support zone corresponds to the popular 50%–61.8% retracement band – a prime spot where bargain-hunting buyers could step in. In an uptrend, a pullback to these Fib levels is considered a healthy correction rather than a trend change. Thus, if gold dips to that area, many bulls will be watching for a bounce. On the flip side, if gold extends higher, Fibonacci extension levels suggest the 3400+ region might be a measured move target (for example, 100% extension of the last pullback lands near 3400). This reinforces that the 3385–3415 supply zone is a critical hurdle. In summary, Fibonacci analysis supports the idea that mid-$3300s is a value zone for buyers, while around $3400 is a potential exhaustion area for the current upswing. Smart Money Concepts (SMC) Insights From a Smart Money Concepts perspective, institutional footprints are visible on the chart. The ongoing bullish structure (higher lows, no lower low yet) means no CHOCH (trend change) has occurred Smart money likely continues to favor longs until a key low breaks. We can identify a possible bullish Order Block in the 3340 area, which is essentially the last small bearish candle on 4H before the strong push up This order block (an institutional buy zone) overlaps with our demand zone, suggesting big players placed buy orders around 3340. If price revisits that zone, it could ignite another rally as those orders get filled. There are also liquidity considerations in play: Above $3,400, there may be clusters of buy stop orders (from breakout traders or short stops) – what SMC traders call buy-side liquidity. It wouldn’t be surprising to see gold spike above 3400 to grab that liquidity (stop-loss hunt) before either accelerating higher or sharply reversing. Conversely, below $3,340, many bulls likely have stop-losses (sell orders) – sell-side liquidity resting under support. A quick dip under S2 (liquidity grab) followed by a recovery would actually be a bullish signature (a bear trap by smart money). However, if price breaks significantly below 3325 and holds, that would mark a bearish CHOCH (first real trend change signal) and indicate the smart money possibly switching to selling rallies. Until then, the path of least resistance is still up. Any fair value gaps (imbalances) left from the rapid rise may exist around 3360 (for example), but so far gold has been backfilling these moves, keeping the trend steady. Potential Trading Setups (4H Outlook) Given the above analysis, here are two possible trade ideas on the 4H timeframe – one bullish and one bearish – with high-conviction zones in focus: Bullish Buy Setup (Buy the Dip): A pullback into the 3355–3340 support demand zone could offer a buying opportunity. This area has multiple factors of confluence: pivot S1/S2 supports, a Fibonacci 50–61.8% retracement, and an order block. If gold’s price action shows a clear reversal here (for example, a bullish engulfing candle or double bottom on 1H/4H), buyers can consider going long. The upside targets would be a return to 3385 (R1), with stretch targets near 3400–3415 (R2/R3). A prudent stop-loss could be placed just below 3325 (just under S3 and below the demand zone) to avoid a deeper reversal. This setup aligns with the prevailing uptrend (trading with the trend) and aims to “buy low” in the value zone. Bearish Sell Setup (Sell the Rally): If gold surges into the 3385–3402 resistance supply zone without slowing, traders should watch for signs of buyer exhaustion. In a still-range-bound market or if momentum wanes near the top, one might consider a short position in this zone if bearish signals emerge (e.g. a 4H shooting star candle, bearish divergence, or a minor BOS downward on lower timeframe). The idea is that smart money could use the liquidity above 3385/3400 to sell into. Initial downside targets could be the pivot area around 3370 and then the 3355 support. A stop-loss would ideally be just above 3415 (clear of the R3 level), in case gold breaks out to new highs. This counter-trend style trade is riskier since the 4H trend is up, so it’s crucial to wait for confirmation of a reversal before selling. Essentially, you’d be selling high at known resistance, but only if the market shows it can’t push further. Both setups hinge on patience and confirmation. Rather than blindly picking tops or bottoms, let the price action confirm that the zone is holding. Remember that support and resistance levels are zones, not exact lines – price can wick through slightly before reversing. Always manage risk carefully. Key Levels Snapshot Pivot: 3370 R1: 3385 – R2: 3402 – R3: 3415 S1: 3355 – S2: 3340 – S3: 3325 These levels are derived from the classic pivot point formul, using recent price data. The pivot point at 3370 is the average of the previous session’s high, low, and close. Trading above this pivot supports a bullish bias, while below it turns the bias bearish. The R1/R2/R3 levels mark successive resistance hurdles above the pivot, and S1/S2/S3 mark support floors below it. Traders often use these as guideposts for intraday moves. Takeaway: Gold’s 4H chart shows bullish momentum with key support in the mid-$3300s and resistance near $3400. It’s wise to trade the reaction at these zones – buy dips near support in an uptrend, or sell rallies at resistance if momentum fades. In all cases, wait for price to confirm direction and stick to your trading plan. Happy trading!
OANDA:XAUUSD
by Tami512
GOLD Price Analysis: Key Insights for Next Week Trading DecisionGold prices surged last week, ending with a strong 3.9% weekly gain, closing around the $3,365 zone after bouncing back with conviction on Friday. In this video, I break down why gold rallied, what key events influenced price action, and how I’m reading the current chart structure to strategically position for the next move. Here’s what’s driving the gold market right now: 🔸 Moody’s U.S. sovereign downgrade reignited safe-haven demand 🔸 Easing U.S.–China tensions led to mid-week profit-taking 🔸 Friday’s sharp rebound (+1.7% intraday) shows bulls are still in the game 🔸 Upcoming high-impact events could shake things up again 🎯 In this analysis, I walk you through: 🔸My technical blueprint (key zones for buyers & sellers) 🔸My bullish and bearish scenarios based on the structure on the chart 🔔 Don’t forget to like the video in support of my work. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading. #GoldAnalysis #XAUUSD #GoldForecast #ForexTrading #TechnicalAnalysis #FedPowell #PCEInflation #FOMCMinutes #GoldPricePrediction #GoldBulls #TradingStrategy #GoldOutlook #USGDP #ForexMentor #PriceActionTrading
PEPPERSTONE:XAUUSD
by darcsherry
14
Gold's rise is blocked and there is still a lot of room below 💡Message Strategy The price of gold rose first and then fell during the day. The market entered the stage of rebound and shock in the US market. At the same time, the fundamentals of the US House of Representatives narrowly passed the Trump tax cut bill, and the debt problem caused concerns. On May 22, 2025, the US House of Representatives passed Trump's tax cut and spending bill by a narrow margin of 215 votes to 214 votes. The bill will significantly increase US debt. The bill will extend corporate and personal tax breaks passed in 2017, cancel many green energy incentives of the Biden administration, and tighten health and food program qualifications for low-income people. According to estimates by the Congressional Budget Office, the bill will increase US debt by about $3.8 trillion over the next decade. The US debt has now reached 124% of GDP. 📊Technical aspects Through the daily hourly trend analysis, the upward momentum of gold has declined, reaching a maximum of around $3,350, and still cannot break through the upward resistance pressure. Just as we said before, if gold cannot break through the upward pressure position, then there is a lot of room below, and the current idea is still to short at high levels. There have been two opportunities for high-level pullbacks. Next, it will be difficult for gold to break through the upward pressure of $3,320. Then the operation idea is very easy. If it pulls back to around $3,320, then we can directly short at high levels Trend: Correction trend Support: around 3,250.00 Resistance: around 3,320.50 💰 Strategy Package Short Position：3315-3320，3345-3350
OANDA:XAUUSDShort
by TheodoreSilas
1
Flexible strategies lead to the best response.📍News: The continued escalation of the war in the Middle East has increased risk aversion in the gold market. At the same time, the Russian-Ukrainian negotiations broke down, and Russia launched the largest attack since 2022. Under the double attack, the market's risk aversion is full. 📊Gold technical analysis: Today's gold price showed a violent fluctuation pattern. During the Asian session, the gold price quickly broke through the 3345 regional resistance and then fell back quickly, indicating that the short-term top pressure was significant. Subsequently, the market fluctuated repeatedly in the 3345-3320 high range and the 3320-3280 low range. After testing the 3350 high point in the Asian session, it retreated sharply, releasing a staged peak signal, indicating that the previous increase has entered the correction and callback stage, but the overall trend is still dominated by wide fluctuations. Market sentiment reversed, and the price slowly fell and then was pulled up by the positive line. The game between long and short positions was fierce. Although the short position once dominated, the long position counterattacked strongly, and it is expected that it may hit the resistance near 3320 again. The current market has not formed a unilateral trend. The operation is still to deal with the idea of ​​shocks, and maintain the idea of ​​high-altitude and low-multiple. The strong resistance above is at 3350, and the key support below is 3280-3275. The probability of breaking down in the short term is low. 🎯Operational suggestions: Go long on gold when it falls back to around 3280-3275, look at 3300 and 3320, and go short if the rebound pressure of 3320 is not broken.
OANDA:XAUUSDLong
by TP_Daniel5
Gold Market Outlook - Gold BearishGold is currently in a consolidation phase, trading within a range of $3,280 to $3,360. We are closely monitoring for a breakout in either direction. Based on current technical analysis, there is a higher probability of a downside breakout below the support level of $3,280. If this support is breached, we may see the following downside targets: Target 1: $3,270 Target 2: $3,260 Target 3: $3,250 Target 4: $3,240 Traders are advised to plan their positions accordingly, keeping risk management in focus.
OANDA:XAUUSDShort
by shroffakshar
Gold Price Surpasses $3,200 for the First Time in HistoryGold Price Surpasses $3,200 for the First Time in History According to the XAU/USD chart today, the price of an ounce of gold is fluctuating above the $3,200 level on global exchanges — a level never reached before. Since the beginning of 2025, gold has gained approximately 22%. Why Is Gold Rising Today? Today’s bullish momentum in the gold market is driven by two key factors. First, inflation data. Figures released yesterday for the CPI (Consumer Price Index) revealed a slowdown in inflation in the United States. This suggests a greater likelihood of monetary policy easing by the Federal Reserve. According to Reuters, gold prices now reflect expectations of three interest rate cuts by the end of 2025 — and lower rates typically support a stronger XAU/USD. Second, fears of a global recession. Although US President Donald Trump has introduced a 90-day delay on the implementation of international trade tariffs, this does not apply to China, where tariffs have been increased to a striking 145%. Traders fear that Beijing could retaliate by raising tariffs on US goods beyond the current 84%. Technical Analysis of XAU/USD At present, the gold market is showing strong upward momentum, which began in early March (as illustrated by the blue trend channel). Key points include: → A breakout above the upper boundary of the channel; → The RSI indicator suggests a potential bearish divergence forming. This points to the possibility of a short-term pullback into the blue channel, which would be a natural correction — especially considering the rapid $200 surge from $3,000 to $3,200 over just two days. However, given the current news backdrop, it seems unlikely that the bulls will relinquish control anytime soon. 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.
FXOPEN:XAUUSD
by FXOpen
1
Gold Analysis: Straddling the Fence Amid Market UncertaintyIt’s pretty interesting to read comments and trading ideas on forums during these uncertain times. Right now, 9 out of 10 traders are saying to sell or hold short positions if they have them. They’re referencing MACD, EMA, charts, stars, the mood of their pets (just kidding, but hey, it’s a possibility) and other indicators. I analyze the chart differently, always keeping an eye on my indicators, which I’m sure you’re aware of since I talk about them all the time. So, looking at the Gold chart right now, the question is: who’s suffering more, the bulls or the bears? Honestly, it’s not clear-cut. If you ignore the chart and just look at the exchange data and positions, it’s pretty much 50/50. But there’s a solid call option for a rise with a strike at $3000 that popped up right after the drop to 2620, which is a positive sign. Overall, I’m “sitting on the fence,” and I’d recommend you do the same. News is coming soon, and I have a feeling there might be some bloodshed in the market.
OANDA:XAUUSD
by ClashChartsTeam
Gold Futures exactly at mid channel support. Gold futures are exactly at Mid-Channel Support for Gold Enthusiasts. Mother line support is already broken after head and shoulders formation in Gold. Gold Futures CMP is 75200. If Mid-Channel support 74436 (Major Support) is broken we can see gold fall to 73175 or even 71192 levels where Gold will come down to meet the Father line support of 200 days EMA. Resistances for gold on the upper side seem to be at 75836 (Major Mother line resistance of 50 days EMA). 76498, 77683 and 79K. Gold is looking little weak on charts and if Mid-Channel support is broken 74436 it will become vulnerable. To Know more about Parallel Channel and Mother, Father and Small Child theory mentioned in the above message. Do read my book (The Happy Candles Way to Wealth Creation) available in E-version on Google Play books and Kindle. Paperback Edition is available on Amazon. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
MCX:GOLD1!
by Happy_Candles_Investment
XAUUSD (GOLD) I Potential Bearish Flag BreakoutWelcome back! Let me know your thoughts in the comments! ** XADUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
FOREXCOM:XAUUSDShort
by BKTradingAcademy
5
XAUUSD (Gold) I Weekly outlook and technical analysisWelcome back! Let me know your thoughts in the comments! ** XAUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
FOREXCOM:XAUUSD
by BKTradingAcademy
17
GOLD forecast 18June2023I have two options for analyzing the movement of GOLD. The first option is that the price is in a bearish channel and is trying to retest the trendline before finally going down to the SnD area. Or maybe the second option is that the price is in a sideways trend, where the price will move up to the resistance, if the blue box resistance is indeed responded positively, then the price should go back down. sometimes we are placed in several choices, when this happens we should still wait for confirmation in the form of patterns, candles or maybe indicators, after there is confirmation we can react better.
OANDA:XAUUSD
by Hokusai_FX
GOLD SHORT TERM INTRADAY IDEAIntraday Analysis - GOLD - ( 7th MAR 2023 ) As per analysis last week , Price tapped into our take profit region with possibility of price heading towards 1852-1855 region. Price was setting up better sell side liquidity during the start of the month and we may see a potential shift in market structure soon as we can see new lower highs printed and failure to print higher highs. Will be primarily looking for shorts with FED CHAIR JEROME testifying tonight at 11pm SGT. A hawkish remark by the fed will bring prices of gold back down however with a dovish stance we will adapt to buys tmrw. Bias - hawkish remark by jerome - gold shorts - dollar dominance HRHR SELLS AT 1864 MRMR SELLS AT 1855 SAFER SELLS AT 1847 Will not be looking for buys in our analysis although scalp buys are valid. For new traders, watch and observe the volatility during the news and wait for better price action or retest before entering tmrw. If you want to trade, reduce risk especially during NY session tonight.
OANDA:XAUUSD
by CJ_GOLDPIPS