XAUUSD: Analysis June 11Positive signals in US-China trade negotiations put pressure on gold. However, escalating geopolitical tensions between Iran and Israel and Russia and Ukraine have limited the decline of gold. Today, the market focuses on CPI data released today. If the data is released above expectations, it may force the FED to keep interest rates high for a longer period of time, thereby causing gold prices to decrease. On the contrary, if the data is released below expectations, gold will be supported to increase.
From a technical perspective.
The gold sell signal 3340 - 3342 in the US session last night had a very good profit. Gold declined below 3320 but then increased again and moved steadily above this support zone, indicating that the gold's upward momentum may continue.
Goldprediction
Gold rebounds and repairs, is it a shock or a bull market?📰 Impact of news:
1. Geopolitical situation
2. Impact of the US dollar trend on gold
📈 Market analysis:
At the gold hourly level, after the pressure in the Asian session in the morning, it directly fell to the vicinity of 3302. The big Yin effectively lost the lower track of the descending flag consolidation channel. The original 3318 line was the confirmation of the channel counter-pressure point, which happened to be the 61.8% split resistance level at that time. At the same time, it lost the middle track. Therefore, we gave a trading idea of looking at the rebound under pressure and continuing to decline in the European session. As a result, the market directly took a V-shaped wash-up and once pulled up to the vicinity of 3342.
The European session fluctuated strongly and rose. Before and after the US session, it took advantage of the retracement to lure the short position, and there is still the possibility of a second pull-up space. Therefore, in the subsequent retracement support level, pay attention to two positions, one is 3322-3324, and the other is the 61.8% division support level of 3318. If it stabilizes, there is a high probability that there will be a second upward space, pointing to 3348. If the pressure here cannot be overcome, the bottom will continue to oscillate back and forth. At that time, it will fall back to see if a secondary low point can be formed to further stabilize the support. If it goes straight through and stands on it, 3293 may already be the short-term low.
On the whole, I still hold short orders before the effective breakthrough of 3345, but at the same time, as the gold price rebounds and moves upward, the short-term support level is temporarily expected to be 3325-3320.
🏅 Trading strategies:
SELL 3335-3345
TP 3325-3315
BUY 3325-3330
TP 3350-3360
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
Gold fluctuates widely, strategy remains unchanged
📌Gold news
The US and Chinese delegations will continue talks in London for the second consecutive day. President Trump expressed optimism, saying the talks "should go well". US officials said the talks could lead to Washington lifting certain technology export restrictions in exchange for Beijing relaxing controls on rare earth exports - a material that is critical to industries such as energy, defense and advanced technology. The results of these negotiations may provide a new direction for precious metals
📊Comment analysis
The European session continued to retrace and gave a low of 3293, then slowly strengthened. The current high reached 3349, so today's strategy does not need to be changed for the time being. If the current market is given to 3335-3345 again, short orders can still be entered. The current trend is still weak, and the US market is likely to follow the old path of a second decline, so the current idea of shorting on the pullback remains unchanged for the time being!
💰Strategy package
Gold: Short on rebound 3335-3345, stop loss 3350, target 3300-3280!
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the lot size that matches your funds
-
Gold is under pressure and bearish outlook remains unchanged
Gold has been rebounding during the day, but the strength of the rebound has weakened significantly. Although the one-hour trend broke through the upper pressure of 3340, it did not stand on 3340. The one-hour trend closed with a negative line, which means that the short-term rebound has come to an end. For this, we will continue to maintain a bearish view.
The pressure level of the one-hour market is at 3340. Before the gold price stands firm at 3340, it means that the rebound is an opportunity for us to short. The idea of our analysis just now is correct. Our internal strategy is also short at 3335. At present, the market has begun to fall back. Our positions are profitable. The target below will gradually look to around 3270, and our defense only needs to bring a little break loss.
Specific strategy
Gold 3335 short, stop loss 3345, target 3310
Is there more than $100 room for gold to fall?
💡Message Strategy
Gold is under the dual pressure of risk aversion cooling and dollar strengthening in the short term. As the high-level negotiations between Asian powers and the United States entered the second day in London, the market was optimistic about reaching an agreement in the field of export controls, which improved the overall risk sentiment and safe-haven assets such as gold were under obvious selling pressure.
At the same time, the US non-farm payrolls report last week far exceeded expectations, further suppressing expectations of a rapid rate cut this year, pushing up the US dollar index, and putting pressure on gold at the $3,340 mark.
Recently, the gold price has failed to effectively break through the 200-hour moving average, reflecting the lack of bullish momentum, and the short-term trend is likely to be consolidated or further adjusted.
📊Technical aspects
From a technical perspective, gold prices fell again after failing to test the 200-hour moving average and are currently fluctuating below $3,340. Hourly chart indicators (MACD, RSI) show that bearish momentum continues to increase. If the price falls below the previous trading day's low of $3,290, it will further open up space to fall back to the May 29 low of $3,245 or even $3,200.
The first support is in the 3340 area. After breaking through, it may accelerate the decline to test 3290; if this position is lost, it may re-test the 3200 integer mark.
💰 Strategy Package
Short Position:3340-3355,3355-3365
Gold Trading Strategy June 10Gold price in D1 frame reacted at EMA and Trend zone yesterday and bounced back but at the end of the day still closed below the 3335 breakout zone. The downtrend can still continue as long as 3335 remains stable today.
Looking at H1, it is still in a fairly clear downtrend. 3327 is the area that is currently in dispute. 3310 is the resistance zone that Gold broke through in the Asian session. To BUY this area, you must wait for price reaction and confirmation from the candle. Breaking 3309, Gold will head towards today's important support 3295. This is a good zone for BUY signal. The daily support zone around 3275 will prevent any excessive price slide of Gold.
On the other hand, when the buyers push the price strongly through 3327, you must wait for the US session resistance around 3338 yesterday for a SELL signal. (H1 does not break through 3328, we can set up SELL with the confirmation of selling force) Breaking 3338, the bearish structure will no longer exist, the market will switch to a short-term uptrend towards 3364.
Resistance 3337-3364-3374
Support 3310-3295-3275
Wish you successful trading. If you do not understand the strategy clearly, you can contact me for support.
Gold is in the Bearish DirectionHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
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XAUUSD: Analysis June 10Gold recovered to nearly 3340 yesterday after a sharp decline at the end of last week. But gold then declined again as the market digested positive signals from the US-China trade talks. There is no important economic data released from the US today, investors continue to monitor the developments of the US-China trade talks and CPI data released on Wednesday.
After falling to test the broken down channel, gold rebounded to near 3340. It is currently declining again, but is still moving steadily above the psychological support zone of 3300. In the European session, you can buy gold again when approaching this support zone again. Or you can sell according to the two resistance zones above.
We are waiting for the H4 liquidity backtest to place SELL GOLDYesterday there was a BUY point and a missed SELL. Currently gold is in wave 5. We are waiting for the H4 liquidity backtest to place a SELL order.
World gold prices rose after the People's Bank of China announced on June 7 that it had added gold to its reserves for the seventh consecutive month in May. China's gold reserves were valued at $241.99 billion at the end of last month, down from $243.59 billion at the end of April. Gold prices hit an all-time high (over $3,500/ounce) in April, which boosted the value of China's holdings of the precious metal.
Investors are now waiting for the US Consumer Price Index (CPI), data due on June 13, to assess the country's economic health and predict the trajectory of the US Federal Reserve's interest rate cuts.
Let's wait for SELL
Best regards, StarrOne !!!
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The short-term tug-of-war for gold is starting
Gold prices continued their decline last Friday and stabilized and rebounded. Yesterday, gold prices fell back to the 3,300 mark, then slowly rose to the 3,338 mark, and fell back after encountering resistance, which is in line with the technical consolidation rhythm.
- China-US trade negotiations: The US has released signals that it is willing to relax export restrictions, and the market is waiting for the results of the negotiations, which may affect risk sentiment.
- US May CPI data: Inflation changes will provide key guidance for the Fed's policies.
- The current trend is weak, but the downside is limited. Buy on dips and avoid large-scale shorting.
- Today, it is recommended to wait and see, and wait for the negotiation results to become clear before entering the market to reduce volatility risks.
🔥Sell gold area: 3330-3348 SL 3352
TP1: $3320
TP2: $3310
🔥Buy gold area: $3295-$3305 SL $3290
TP1: $3320
TP2: $3330
GOLD M30 Intraday Chart Update For 10 June 2025Hello Traders
Market tested 3302 level this morning and move back towards 3340 SBR structure zone
all eyes on 3340 level clear breakout once market breaks 3340 level it will move towards 3350 Psychological Level or even 3365
Key Support for the day 3300 Psychological Level
Disclaimer: Forex is Risky
XAUUSD:Wait for a short near 3330
Last week's data was negative for gold and silver. However, it should be noted that the actual announced value is lower than the previous value, in essence, the economic end did not release good, but the contraction speed is lower than the market expectation.
In terms of the large cycle, June is the continuation of May's wide shock, long rest storage stage, but also up and down back and forth pull, the main trend is still more, pay attention to seize the next wave of unilateral rise opportunities.
Now the fluctuation is still large, need to be patient and wait for the right position, short-term attention to 3330 resistance near to short, back to step near 3300 and then consider more.
Trading Strategy:
SELL@3330
TP:3310
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