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GOLD/USD Bullish Breakout ConfirmationGOLD/USD Bullish Breakout Confirmation 🚀📈 📊 Technical Analysis Overview: The chart illustrates a bullish breakout above a well-defined resistance zone around $3,390–$3,400. Price action has decisively closed above this resistance, suggesting strong bullish momentum. 🔍 Key Observations: 🟦 Support Zone: Marked clearly between $3,250–$3,280, this level has held firm multiple times (highlighted with green arrows and orange circles), confirming buyer interest and market structure. 🟦 Resistance Turned Support: The previous resistance zone around $3,390–$3,400 has now potentially turned into a new support. Price retesting this zone and holding would further validate the breakout. 📈 Future Projections: The chart anticipates a retest-pullback-continuation scenario: Pullback to new support 📉 Bullish continuation toward $3,460+ 🎯 if support holds. ✅ Bias: Bullish as long as price remains above the $3,390 zone. Break and hold below would invalidate the bullish setup. 📌 Strategy Tip: Look for confirmation on the lower timeframes (e.g., bullish engulfing or pin bar) on the retest before entering long.
TVC:GOLDLong
by MrStellanSight
Spot gold is expected to test the $3,450 resistance levelSpot gold continued to rise in the Asian session on Friday (June 13), reaching a high of $3,443.18 per ounce, an increase of about 1.57%. Reuters technical analysts pointed out that spot gold is expected to test the resistance level of $3,450 per ounce, breaking through which it may rise to the range of $3,473 to $3,488. The c wave that opened at $3,294 briefly broke through the 86.4% forecast level of $3,429. Currently, the wave is moving towards the 100% forecast level of $3,450. The current rise is classified as a continuation of the previous upward trend that started at $3,245. The support level is at $3,413, and a break below this level may cause gold prices to fall to the range of $3,372 to $3,391. The daily chart shows that gold prices are expected to return to the high of $3,500 on April 22. Depending on how deep the decline is from this high, gold prices could eventually rise to $3,800. FOREXCOM:XAUUSD VELOCITY:GOLD FOREXCOM:XAUUSD CMCMARKETS:GOLDQ2025 OANDA:XAUUSD
OANDA:XAUUSDLong
by Charlie_Analyst
Can Gold Fall from Here? Let’s Watch the $3435 Level Closely! If today's daily candle closes below the $3435 level, the market could move down further. But if it closes above this level, there's a chance for more upside. However, keep in mind — most of the upside liquidity has already been taken. Now, there's significant sell-side liquidity resting below. This makes $3435 a key level to watch. So, keep an eye on where today’s daily candle closes. Let’s watch the market together and see what it does! 📌 DYOR – This is not financial advice.
OANDA:XAUUSD
by Peter_Wade
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
The situation escalates. Will the price of gold continue to riseEvent summary: On June 13, Israel launched an air operation codenamed "Lion Rising" against Iran. So far, five rounds of air strikes have been launched. As the situation in the Middle East escalates, gold has risen again due to risk aversion, directly breaking through 3,400. Gold risk aversion has increased, and there is no sign of easing for the time being, so gold risk aversion continues to rise, and gold prices are expected to continue to rise. Under the blessing of risk aversion, gold bulls have begun to dominate again. Market analysis: The 1-hour moving average of gold has formed a golden cross and formed an upward trend. The upward momentum of gold is getting stronger and stronger. In the early Asian session, it once surged above $3,440, only $60 away from the historical high of 3,500. The outbreak of risk aversion is entirely the release of accumulated kinetic energy. Only when it is fully released can the strength of gold bulls weaken. The decline of gold means going long. If the price of gold falls back to the support level near 3,400 during the Asian session, buy on dips. Focus position: First support level: 3405, second support level: 3390, third support level: 3380 First resistance level: 3440, second resistance level: 3450, third resistance level: 3470 Operation strategy: Long strategy: Buy near 3405, stop loss: 3395, profit range: 3430-3450; Short strategy: Buy near 3455, stop loss: 3465, profit range: 3400-3380; If you want to trade aggressively, you can buy at the current price and wait for the price to reach a high point near 3350.
OANDA:XAUUSD
by Quaid-1
Gold Price Analysis June 12Yesterday's D1 daily frame bounced and closed above 3348. That led to a price gap today. 3375 is a resistance zone that is showing price reaction in the Asian session. If it cannot be broken at the end of the session, it is possible to set up a sell at 3355 for BUY strategies in the GAP zone. Any price decrease today is considered a good opportunity for buying Gold to aim for 3411. Pay attention to the 3355-3347-3338 zone for BUY signals today. Target is still 3411 but there is still 3386 which may have a reaction.
OANDA:XAUUSD
by TVS-Trader
1
Gold prices soared again!Market news: Spot gold continued to be strong in the early Asian session on Friday (June 13), and is currently trading around $3,423 per ounce. London gold prices have risen for three consecutive days, fueled by geopolitical tensions in the Middle East and the Federal Reserve's interest rate cut bets caused by the cooling of US economic data. The global financial market is in a complex environment with multiple factors intertwined, and the attractiveness of international gold as a safe-haven asset has once again become prominent.Tensions in the Middle East have become an important catalyst for the rise in gold prices. The supporting role of geopolitical risks on gold prices cannot be underestimated. Historically, whenever there is a major conflict or escalation of tensions in the Middle East, gold has often become a safe haven for funds. At present, the confrontation between Iran and the United States and the potential conflict risks of regional military bases have provided solid momentum for gold prices to rise.In the short term, gold still has strong upside potential, especially driven by geopolitical risks and expectations of interest rate cuts. However, investors need to be wary of the risk of a correction that may be brought about by inflationary pressures and uncertainty in trade policies. For long-term investors, the value of gold as a safe-haven asset in a diversified investment portfolio cannot be ignored. Technical review: Technically, gold maintains a strong positive structure, and yesterday's sharp rise approached the 3400 mark. The daily chart still remains above the MA10/5-day moving average, and the RSI indicator is at the 50-value axis and turns upward, and the price is in the upper track of the Bollinger band. The short-term four-hour chart moving average system maintains a golden cross opening upward, and the price gradually moves up along the MA10-day moving average, and the price is running in the upper track of the Bollinger band channel. The technical side of gold continues to fluctuate upward, with low-multiple layout as the main idea and high-altitude auxiliary. The current market is strong. If it breaks through the high on Thursday, there will be a second chance of rising on Friday. In terms of operation, keep the idea of ​​buying on pullback. Pay attention to the support near 3407 below in the short term, and pay attention to the resistance near 3438 above. It may fall back after a strong pressure of 3450; Today's analysis: The situation in the Middle East has escalated. Gold has risen again due to risk aversion, directly breaking through 3400. The risk aversion sentiment of gold has heated up, and there are signs of easing for the time being. Then the risk aversion sentiment of gold may increase, and gold is expected to continue to rise. Gold bulls have begun to take the lead again under the blessing of risk aversion. At present, gold buying is better, so continue to buy. The 1-hour moving average of gold has formed a golden cross upward buying arrangement. The buying power of gold is getting stronger and stronger, and it is unstoppable. The outbreak of risk aversion is completely an emotional catharsis. Only when the emotions are fully released, the strength of gold bulls will weaken. The decline of gold is buying. The Asian session of gold fell back to the 3400-line barrier to support low-price buying. Operation ideas: Buy short-term gold at 3410-3420, stop loss at 3395, target at 3430-3450; Sell short-term gold at 3447-3450, stop loss at 3458, target at 3400-3380; Key points: First support level: 3407, second support level: 3392, third support level: 3378 First resistance level: 3438, second resistance level: 3450, third resistance level: 3473
OANDA:XAUUSDLong
by NuggetsWarriors
XAU/USD(20250613) Today's AnalysisMarket news: The number of initial jobless claims in the United States for the week ending June 7 was 248,000, higher than the expected 240,000, the highest since the week of October 5, 2024. The monthly rate of the core PPI in the United States in May was 0.1%, lower than the expected 0.30%. Traders once again fully priced in the Fed's two interest rate cuts this year. Technical analysis: Today's buying and selling boundaries: 3374 Support and resistance levels: 3434 3412 3397 3351 3337 3314 Trading strategy: If the price breaks through 3397, consider buying in, and the first target price is 3412 If the price breaks through 3374, consider selling in, and the first target price is 3351
OANDA:XAUUSDLong
by NuggetsWarriors
1
Accurately capture golden trading opportunitiesBased on the current trend, it is recommended to focus on low-long operations, but be wary of the market repeating the pattern of the previous few days of high-rush, wash-out and fall. From the perspective of key points, 3360 has been converted from a previous resistance level to a support level. At the same time, the hourly line forms an important support near 3358. If there is a stabilization signal at this position, it can be regarded as a good opportunity to go long. However, if the market falls below the 3356 line, it is not ruled out that the price will further fall to around 3345. This position is the key long-short watershed during the day. Once it is lost, the short-selling force may increase; in extreme cases, if there is a deep wash-out, the gold price may even pull back to 3325. For the upper resistance, pay attention to 3395-3405 first. If it can break strongly, it can further look to 3414. Based on the above analysis, the trading strategy is as follows: If gold falls back to the area near 3345-3355 and does not break, you can consider arranging long orders; When the price rises to the area near 3395-3405 and does not break, you can try to arrange short orders. When operating, be sure to strictly set stop losses and control risks. Today's market trend is completely in line with the predicted rhythm, with a clear shock structure and flexible response around key points. With precise layout based on two-way thinking, we can achieve a double kill of long and short positions and a steady harvest. If your current gold operation is not ideal, and we hope to help you avoid detours in your investment, please feel free to communicate with us!
OANDA:XAUUSDShort
by TP_Daniel5
Gold price fluctuates again, layout in the evening📰 Impact of news: 1. Initial jobless claims data favors bulls 📈 Market analysis: The high of 3392 in the US market fell back for the first time to test the 3377 area to stop the decline and then tried again but failed to break through the 3400 integer mark. It can be seen that this position is very suppressed. The top and bottom conversion of 3377 has become the watershed for bulls to defend in the future market. 3400 is the short-term key pressure and the closing line has a long upper shadow K. If 3377 is lost, the price will fluctuate again. In the short term, focus on the 3390-3400 resistance on the upside and the 3377-3365 support on the downside. 🏅 Trading strategies: SELL 3385-3395 TP 3370-3360 BUY 3365-3360 TP 3390-3400 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
OANDA:XAUUSDLong
by AllenBoswell-2
Gold is rising, will there be a new intraday high?Yesterday, gold closed with an engulfing positive line, and the closing line stood above the 5-day and 10-day moving averages. From the analysis of gold in 1 hour, the current price is still in a fluctuating upward channel. Based on this technical pattern feature, if the subsequent economic data is positive and pushes the gold price to further strengthen, it may form a trading opportunity for shorting at a staged high. Although the gold price showed a rapid upward trend after the data was released, there has been obvious resistance in the historical trading concentration range of 3400-3410. The current bullish momentum has no technical conditions to break through this position, and the technical correction after the price surge is in line with the price behavior logic. The current price has reached a high of around 3398. After today's rise, there is not much room for upward movement; since the market is rising in a volatile manner this week, it is not suitable to chase the rise directly. Although the 4-hour Bollinger Band opening continues to diverge upward and the moving average is arranged in a bullish pattern, the upward momentum is slightly insufficient and may be under pressure to move downward near 3410. I suggest that all traders short at high levels. Operation strategy: Short around 3410, stop loss at 3420, profit range 3360-3355. If it breaks through 3355, it may hit the intraday low below 3340.
OANDA:XAUUSD
by Quaid-1
GOLD ROUTE MAP UPDATEHey Everyone, Another PITASTIC day on the charts, with our analysis playing out perfectly. Yesterday after completing the target at 3352, we stated that we’ll be watching for a confirmed cross and lock above 3352 for a continuation. We got the cross and lock above 3352 opening 3388. - 3388 was hit perfectly today completing this target. We will now look for a ema5 cross and lock above 3388 for a continuation. If price fails to lock above, we could see rejections leading back into the lower Goldturns, where we’ll look for support and bounce. 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 3318 - DONE EMA5 CROSS AND LOCK ABOVE 3318 WILL OPEN THE FOLLOWING BULLISH TARGETS 3352 - DONE EMA5 CROSS AND LOCK ABOVE 3352 WILL OPEN THE FOLLOWING BULLISH TARGET 3388 - DONE EMA5 CROSS AND LOCK ABOVE 3388 WILL OPEN THE FOLLOWING BULLISH TARGET 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 BEARISH TARGETS 3281 EMA5 CROSS AND LOCK BELOW 3281 WILL OPEN THE FOLLOWING BEARISH TARGET 3254 EMA5 CROSS AND LOCK BELOW 3254 WILL OPEN THE FOLLOWING BEARISH TARGET 3210 EMA5 CROSS AND LOCK BELOW 3210 WILL OPEN THE SWING RANGE 3179 3146 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
OANDA:XAUUSD
by Goldviewfx
5
Gold hits 3400. What is Wall Street betting on?On Thursday (June 12), the U.S. Department of Labor released the Producer Price Index (PPI) for May and the initial jobless claims data for the week ending June 7. The data showed that the annual rate of PPI in May was 2.6%, in line with market expectations, and the previous value was 2.4%; the core PPI monthly rate only increased by 0.1%, lower than the expected 0.3%, and the previous value was -0.4%. The number of initial jobless claims remained unchanged at 248,000, slightly higher than the market expectation of 240,000, and the four-week average rose to 240,200, while the number of continued claims increased sharply by 54,000 to 1.956 million, setting a recent high. These data reflect that the U.S. labor market continues to cool, and inflationary pressures have eased but there are still uncertainties. The market's sensitivity to the Fed's expectations of rate cuts has further increased, coupled with the economic uncertainty caused by tariff remarks, investor sentiment has become cautious. Immediate market reaction: Risk aversion heats up, and the dollar and U.S. Treasury yields are under pressure After the data was released, the financial market reacted quickly, and the dollar index fell 1.02% to 97.63, reflecting market concerns about slowing inflation and a weak labor market. U.S. Treasury yields continued to fall, with the 10-year Treasury yield falling 6.7 basis points to 4.343%, a daily decline of 1.63%, showing investors' cautious attitude towards the economic outlook. Short-term interest rate futures prices rose, and traders further bet on the possibility of the Federal Reserve cutting interest rates this year. The probability of a rate cut at the September 17 meeting rose from 76% before the data was released to nearly 80%. In the stock market, S&P 500 futures fell 0.25%, continuing the previous day's 0.3% drop. Market sentiment was affected by weak labor market data and sudden events in the aviation industry. Boeing's stock price plummeted 7% due to the crash of Air India's 787 Dreamliner, dragging down the performance of the Dow Jones Index. The gold market showed safe-haven appeal. Spot gold broke through $3,390/ounce to $3,390.13/ounce, up 1.05% on the day; the main contract of COMEX gold futures rose 1.97% to $3,410.40/ounce, reflecting the market's rising demand for safe-haven against economic uncertainty. In the foreign exchange market, the pound rose to 1.3600 against the US dollar, up 0.42% on the day. Compared with market expectations before the data was released, the mild performance of the PPI data slightly eased inflation concerns, but the high level of initial jobless claims and the significant increase in the number of continued claims intensified the market's concern about the weak labor market. Before the data was released, some institutions expected the PPI monthly rate to reach 0.2%, while the number of initial claims could fall back to 240,000. The actual data was lower than inflation expectations but higher than employment expectations, and market sentiment shifted from cautious optimism to risk aversion, and the decline in the US dollar and US Treasury yields reflected this shift. Data interpretation: Weak labor market and inflationary pressure coexist From the data details, the annual PPI rate of 2.6% in May was in line with expectations, slightly higher than the previous value of 2.4%, indicating a mild recovery in inflationary pressure on the production side, but the core PPI monthly rate increased by only 0.1%, lower than expected, indicating that the inflation momentum after excluding food, energy and trade was limited. This is consistent with the recent trend of the Consumer Price Index (CPI) data, suggesting that inflation has stabilized overall, but has not yet fully returned to the Fed's 2% target range. In terms of the labor market, the number of initial unemployment claims has continued to run high, with the four-week average rising to 240,200 and the number of continued claims increasing to 1.956 million, indicating that it is more difficult for the unemployed to find jobs. Although the median unemployment duration has dropped from 10.4 weeks in April to 9.5 weeks in May, there has been no large-scale layoffs in the labor market, but the growth momentum has slowed significantly. Analysts from well-known institutions pointed out that part of the reason for the cooling of the labor market is related to the economic uncertainty caused by tariff rhetoric, and companies tend to hoard labor rather than actively expand. In addition, the White House's recent tightening of immigration restrictions has further compressed the labor supply. The Quarterly Census of Employment and Wages (QCEW) data indicate that job growth from April 2024 to May 2025 may be overestimated, and Barclays economist Jonathan Millar expects that the benchmark revision in 2025 may reduce job growth by 800,000 to 1.125 million, an average monthly decrease of 65,000 to 95,000. This forecast further reinforces market concerns about an economic slowdown. Institutional and retail views also reflect similar sentiments. Before the data was released, retail investors expected that if the PPI increase was lower than expected and the initial claims data was higher than expected, the Fed would be under more pressure to cut interest rates. After the data was released, the PPI data was moderate and the initial claims data was high. The market's expectations for the Fed's September rate cut were further heated up, and the trend of gold and US Treasury yields has already said it all. Some retail traders believe that both the initial claims data and PPI are weak, the US dollar index fell below 98, and they are bearish on the US dollar in the short term, and gold bulls have opportunities. Compared with the optimistic expectations before the data was released, retail sentiment turned cautious, and some investors began to pay attention to the allocation opportunities of safe-haven assets. Expectations of Fed rate cuts and changes in market sentiment After the data was released, the market's expectations for the Fed's monetary policy changed subtly. Before the data was released, the market's probability of a rate cut at the Fed meeting on July 30 was only 23%, and the probability of a meeting on September 17 was 76%. After the release of PPI and initial claims data, the probability of a rate cut in September rose to nearly 80%, reflecting the market's comprehensive judgment on slowing inflation and a weak labor market. Traders have fully digested the possibility of two rate cuts this year, and the rise in short-term interest rate futures further confirms this expectation. However, tariff rhetoric and potential fiscal stimulus policies (such as the Republican tax cut plan) may put upward pressure on inflation, limiting the Fed's room for rate cuts. From the perspective of market sentiment, before the data was released, investors' expectations for PPI and initial claims data were relatively divided. Some institutions expected that inflation might exceed expectations, while labor market data might improve. The mild performance of actual data dispelled concerns about overheating inflation, but the weakness of employment data exacerbated expectations of an economic slowdown. Outlook for future trends Looking ahead, market trends will remain volatile under the combined influence of the Fed's monetary policy expectations, tariff rhetoric and the global macro environment. In the short term, the mild performance of PPI data provides the Fed with greater policy flexibility, but the weakness of initial and renewal data indicates that the labor market may slow down further, and the probability of a rate cut in September will remain high. However, the upward risk of inflation caused by tariff rhetoric and potential fiscal stimulus policies may limit the extent of rate cuts. The market needs to pay close attention to the July non-farm payrolls data and June CPI data to further confirm the trend. From a historical perspective, the S&P 500 index often shows a volatile pattern against the backdrop of mild inflation data and weak employment data. The current index is 2% lower than the historical high on February 19, and may continue to be under pressure in the short term. Gold's appeal as a safe-haven asset is increasing, and a breakthrough of $3,390/ounce may indicate further upside. The weakness of the US dollar index may continue, but we need to be wary of the support for the US dollar from safe-haven demand caused by tariff policies or geopolitical risks (such as the situation between Russia and Ukraine). In the long run, continued weakness in the labor market may prompt the Fed to adopt a more accommodative policy in the second half of 2025, but the uncertainty of inflationary pressure will keep the policy path cautious. Investors should pay attention to the guidance of subsequent economic data, especially the revision of QCEW data, to judge the true situation of the job market.
OANDA:XAUUSDLong
by Charlie_Analyst
1
Gold rose as expected, how to operate after the bulls hit 3400 📌 Gold News Spot gold prices rose sharply. Analysts pointed out that the US CPI was lower than expected across the board, which hit the US dollar and US bond yields. In addition, tensions in the Middle East escalated, which triggered safe-haven buying of gold 📊Comment Analysis Middle East issues, and information about high tariffs on countries without trade agreements. Gold prices have rebounded, but there is no long-term stability. 💰Strategy Package 🔥Sell Gold Zone: 3428-3430 SL 3435 TP1: $3410 TP2: $3395 TP3: $3387 🔥Buy Gold Zone: $3345-$3343 SL $3338 TP1: $3365 TP2: $3377 TP3: $3390 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds
OANDA:XAUUSDLong
by Labaron
1
Gold Correction = Bearish Divergence + Wedge + Zigzag CompleteGold ( OANDA:XAUUSD ) attacked the Resistance zone($3,387-$3,357) today after the release of the US CPI indices . Although the figures seemed to be in gold's favor, traders still seem to be determined to continue the price correction. In terms of Elliott Wave theory , it seems that Gold has managed to complete the Zigzag Correction. We should wait for the next 5 down waves . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks . In terms of Classic Technical Analysis , Gold appears to have successfully formed a Rising Wedge Pattern . I expect Gold to drop to at least $3,296 AFTER breaking the lower line of the Rising Wedge Pattern . Note: Stop Loss(SL)= $3,380 Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
32
Gold Trading Strategy June 12Yesterday's D1 daily frame bounced and closed above 3347. That led to a price gap today. 3375 is a resistance zone that is showing a price reaction in the European session. If it cannot be broken by mid-European session, it is possible to set up a sell at 3355. The 3355 zone for BUY strategies is in the price gap created at the beginning of today's trading session. Any price decrease today is considered a good opportunity for buying Gold to aim for 3432 Pay attention to the 3355-3347-3321 zone for today's BUY signals. Target is still 3432 but you need to pay attention to the 3397 zone where there may be a reaction from the Sellers. Support: 3355-3347-3321 Resistance: 3397-3432
OANDA:XAUUSD
by VHT_Trader
2
Gold is rising, beware of a pullback.Since last Friday, the daily line has shown an alternating trend of yin and yang. In the three trading days this week, the lows and highs have been rising continuously, which shows that the short-term trend is strong. Today's intraday trend also illustrates this point. At present, gold has risen directly to the 3388 line, directly refreshing the intraday high again. From the hourly chart, we must be careful of the possibility of gold diving. From the previous rules, each rise is about 45 US dollars. This time it also started from 3340-3345, and the increase was close to 45 US dollars. Moreover, each time the rise is completed, the dive callback is 35 US dollars. Therefore, once it starts to fall from 3385-3390, it is very likely to reach 3350-3355. In terms of short-term resistance, pay attention to the 3400 pressure level above; the support level is around 3340. the support level pays attention to the vicinity of 3340. Operation strategy: Short at 3385, stop loss at 3395, and profit range is 3360-3350.
OANDA:XAUUSDShort
by Quaid-1
XAUUSD Video Analysis Brief – Weekly Forecast Summary (2025)This video summarizes the key scenarios and technical outlook for Gold (XAUUSD) on the weekly timeframe, integrating both Fibonacci-based projections and macro fundamentals. Core Setup Gold is currently positioned near the 161.8% Fibonacci extension (~$3,276). A breakout toward $3,500 is possible before a potential corrective move. Scenario 1: Bullish Continuation Gold breaks above $3,435 → rallies to $4300 → continues toward major Fibonacci targets: TP: $4,320, which is the Fibonacci level 261.8% Scenario 2: Correction First Gold fails to hold above $3,435 → triggers a healthy correction to: TP1: $2,920 TP2: $2,650 If support 161.8% level holds in the correction zone, a renewed bullish phase is expected. Macro Alignment Central bank gold buying (notably BRICS) supports the long-term bid. Fed policy leaning dovish → tailwinds for gold. Inverse correlation with DXY: DXY below 98.95 → bullish for gold DXY above 100 → signals correction Effect on Altcoins If correction is risk-on driven, capital may rotate into altcoins. If triggered by macro stress or USD strength, alts may fall alongside gold. This analysis offers a multi-scenario framework to navigate the next major moves in gold, with key levels to watch for traders, investors, and macro analysts alike.
OANDA:XAUUSDLong
by BitonGroup
1
Will gold definitely rise if the news is good? 📊Technical aspects 1. The daily line pattern continues to close. The previous three days relied on the lifeline to lift the space. Now the lifeline position is in the 3317 area, which is close to the early morning low point 3319 and becomes the support range The upper rail resistance position 3405 coincides with the previous high point 3403.5 area Comprehensive support 3317-3319, resistance 3403-3405 2. The four-hour surge of more than 50 US dollars has pulled the pattern upward, but the European session just fell sharply by 37 US dollars, and the market has been pulled back to the exit again. Pay attention to the lifeline position and the double line superposition at 3335-3330, which also coincides with the lower track of the small channel 3330-3325 area, and together become the nearest support area The upper track overlaps with the upper track of the small channel 3370 area Comprehensive support 3320-3330, resistance 3370-3380 Currently, under multiple favorable factors, gold has repeatedly failed to break the previous high (3403). From the technical pattern, it can be seen that the upper resistance line is still strong. On the contrary, the sharp drop just echoes the weakness of the bulls. Gold is still dominated by shorts. Finally, let me talk about the current international situation that is favorable to gold. If you simply trade based on news, I don’t think everyone will become a millionaire by reading the news. 💰 Strategy Package Short Position：3370-3385
TVC:GOLDShort
by TheodoreSilas