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
Goldpriceaction
Have you caught up with this golden opportunity?The 4-hour K-line pattern of gold shows that the upward trend remains intact, focusing on the strong support range of 3360-3365 (technical resonance with the 5-week moving average). Before the price effectively breaks below the support band, the bulls still have upward momentum, otherwise the trend may reverse. The 3365-3400 range is maintained for intraday fluctuations. The gold operation strategy recommends arranging long orders in the 3370-3375 area when the price falls back, and adding positions to long positions if the support of 3360-3365 is broken.
Operation strategy: Gold recommends going long near 3370-3375 now, and adding positions to long positions in the support area of 3360-3365 when the price breaks, with the target of 3380-3390.
If you still lack direction in gold trading, you might as well try to follow my pace. The strategy is open and transparent, and the execution logic is clear and definite, which may bring new breakthroughs to your trading. The real value does not rely on verbal promises, but is verified by the market and time.
Citigroup predicts a decline in gold prices? Blacklisted?Information summary:
Citigroup analysts predict that by the second half of 2026, gold will fall back to around $2,500-2,700, with a significant reduction in investment demand, improved global economic growth prospects, and a decline in the factors that led to the rise in gold prices due to the Fed's interest rate cut.
My point of view is: blacklist Citigroup. Since last year, they have predicted that the highest point of gold prices will exceed $4,000, and they have constantly changed the forecast point in the middle, and now they even point out that the price will fall below $3,000, which is completely unreliable.
Market analysis:
In the early Asian session, it also rose strongly, and it seems that there is a lot of upward momentum, but $3,405 is the pressure position for the top and bottom conversion, and the rise in the morning is a lure. At this position, it fell rapidly, reaching a minimum of around $3,373.
The Asian market seemed to rebound strongly in the morning, but the MA5 and MA10 moving averages showed a downward trend. This kind of market cannot wait for a decline to go long, but it is also a repeated wash-out shock. The first focus below is the 3375-3370 area, followed by 3360. The short-term trend is still dominated by wash-out shocks.
The short-term important focus position is around 3405. 3405 is used as the dividing point between long and short positions. A short-selling strategy is carried out near this position. Pay attention to the 3375-3360 area below.
Continue to be bullish after successful adjustment of low longToday, gold opened high at 3448, and fell under pressure after touching 3452. It fell after repeatedly confirming resistance at high levels. We arranged short orders in the 3445-3450 area, successfully touched the target of 3330, and realized profit-taking. Then the market fell back to around 3409 and stabilized and rebounded. We arranged long orders and stopped profit at around 3420. Then we fell back and arranged long orders of 3385 and 3395 to take profits at 3405.
Overall, gold fell slowly after opening high, and maintained sideways consolidation in the European session. The US session continued to fall due to the easing of the geopolitical situation. At present, the focus of the evening is on the support of 3390. If it does not break after the retracement, it can still go long. Pay attention to the key pressure levels of 3410 and 3422 above. The current market is still in the adjustment stage of the upward trend. After the adjustment, it is expected to continue the upward rhythm.
Operation suggestion: Go long on gold when it falls back to around 3390-3392, with the target at 3410 and 3435.
If you still lack direction in gold trading, you might as well try to follow my pace. The strategy is open and transparent, and the execution logic is clear and definite, which may bring new breakthroughs to your trading. The real value does not rely on verbal promises, but is verified by the market and time.
GOLD/USD – Bullish Reversal Pattern FormingGOLD/USD – Bullish Reversal Pattern Forming 🟢📈
📊 Chart Analysis:
The chart shows a strong Inverse Head and Shoulders pattern forming, which is a classic bullish reversal signal:
🔹 Left Shoulder and Right Shoulder – Marked with orange circles, both found support near the 3,263 level (purple line), suggesting strong buying interest at this zone.
🔹 Head – The lowest point in between the shoulders, also bouncing from support.
🔹 Resistance Zone – Marked with red arrows around 3,500–3,520. This zone has rejected price action multiple times in the past.
🔹 Support Zone – Marked below 3,200, where previous consolidation and buying took place.
📈 Projected Move:
The neckline breakout suggests a potential move toward the 3,520+ level. A minor pullback is expected before continuation. If price breaks above resistance, we could see a strong bullish rally.
📌 Key Levels:
Support: 3,263 🟩
Resistance: 3,500–3,520 🟥
Potential Target After Breakout: 3,550+ 🎯
✅ Bias: Bullish above 3,263 support
⚠️ Invalidation: A break below the neckline would cancel the bullish setup
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
Continue the rally, get ready for gold to return to 3443
⭐️Gold News:
Gold prices (XAU/USD) fell for the second consecutive trading day on Tuesday, retreating from the gains in the early Asian trading hours, which had briefly pushed above $3,400. A slight rebound in the US dollar (USD) continued to put pressure on the precious metal, acting as a major resistance. However, the downside for gold seems limited due to escalating geopolitical tensions in the Middle East and growing market expectations that the Federal Reserve (Fed) will further cut interest rates in 2025.
Meanwhile, the ongoing air conflict between Israel and Iran has entered its fifth day, exacerbating concerns about further escalation in the region. This ongoing geopolitical uncertainty supports demand for safe-haven assets such as gold. Investors also remained cautious ahead of the Federal Open Market Committee (FOMC)'s two-day policy meeting, the outcome of which could affect the next move of non-yielding gold.
⭐️Technical analysis:
Gold price gets liquidity from the support level below: 3385, 3373 completed, short-term downward trend breaks, gold price will soon return to above 3400.
Set gold price:
🔥Sell gold area: 3443-3453 SL 3458
TP1: $3435
TP2: $3422
TP3: $3407
🔥Buy gold area: $3358-$3350 SL $3345
TP1: $3368
TP2: $3376
TP3: $3390
Gold continues to fall. Will there be a lower point?Gold is still under pressure at the integer mark of 3400. During the US trading session, the lowest point reached around 3366. For the current trend, it fell below the short-term support area of 3375, so the market has the possibility of further downward movement to test the support of 3350.
Today, Iran launched missiles again, but there was no threat to Israel at all, and all the missiles were intercepted. Under the current trend of further decline, the support position that needs to be paid attention to is 3350. At this position, you can try a long strategy, and the early support point of 3400 above has turned into an upward pressure point.
Short-term operation strategy:
Buy near 3350, stop loss 3340, profit range 3380-3390.
Above, you need to pay attention to the important pressure level of 3390-3400. The market changes violently, and you can take profits at the right position. Avoid rapid changes in market conditions and losses.
Gold, continued to rise after a pullback
📌 Driving events
Israel and Iran launched a new round of attacks on each other on Sunday (June 15), exacerbating market concerns that the escalation of the war could trigger a wider regional conflict, and gold continued to receive support from safe-haven buying. (The author believes that according to media reports, Iranian leaders have shown a tougher attitude, and Iran cannot be ruled out to give Israel a strong counterattack, so the geopolitical situation in the Middle East may escalate in the next few days, and gold as a safe-haven asset will shine even brighter.
Kremlin: (On Putin's possible mediation of the Israeli-Iranian conflict) Russia is ready to intervene at any time if necessary. (The author hopes that the two countries will be reconciled as soon as possible)
📊Comment Analysis
1-hour chart: The rising channel breaks down, and short-term shorting is at 3442.
💰Strategy Package
Today's US market plans to sell high and buy low in the 3408-3452 range. If the range breaks, follow the trend, strictly lighten the position and set a good stop loss.
⭐️ Note: I hope traders can properly manage their funds
- Choose the number of lots that matches your funds
I hope everyone will set rules, control emotions, and take a long-term view, and slowly get rid of the control of desire, be at ease in the trading market, find their own way to make money, and truly enjoy the fun and rewards brought by trading.
Short positions fall as expected, long opportunities reappearToday, gold maintained high and fluctuated repeatedly after opening, but the upper side has not been effectively broken through. After repeated pressure, the resistance signal was confirmed. We arranged short orders near 3445. The market fell back as expected and accurately hit the target position. The trend was highly consistent with the prediction, which once again confirmed the trading concept of "planning before the market, execution before emotion".
From the current trend structure, gold is still in a bullish trend as a whole, and short-term adjustments are normal. The support below focuses on the 3420-3415 area, which is the first defense position for short-term retracement; and the more critical bullish defense line is still at the 3405-3400 line. If this area stabilizes, it is still our core layout area for low-multiples with the trend.
The daily structure is still intact, and the long arrangement of the moving average system has not been destroyed. Short-term fluctuations do not affect the overall bullish logic. Therefore, the operation is still based on retracement and main longs, and following the trend is the kingly way. Short orders can only be participated in the short term, and stop when you reach the point, and do not hold against the trend. I will remind you of the specific operation strategy at the bottom, and pay attention to it in time. The key next is to pay attention to the stabilization signals below and wait for the market to provide new opportunities for momentum release.
If you still lack direction in gold trading, you might as well try to follow my pace. The strategy is open and transparent, and the execution logic is clear and definite, which may bring new breakthroughs to your trading. The real value does not rely on verbal promises, but is verified by the market and time. 🌐
The international situation is bad. Gold fell back.Information summary:
Latest news: Israeli fighter jets "flew freely" over Tehran, and Iran lost air supremacy over the entire west. Israel's goal turned to a wider range of Iranian military and infrastructure.
Iran's counterattack, Tel Aviv, Haifa and other Israeli cities are being attacked by Iranian missiles. Both sides are currently suffering heavy losses.
But the price of gold fell back at this time; I think the biggest reason is that this week, the global "super central bank week" is about to hit, the market will usher in a very critical Federal Reserve interest rate decision, and central banks such as Japan, Switzerland and the United Kingdom will also hold monetary policy meetings one after another, and investors are on high alert. Under the influence of multiple conditions, the price of gold has a technical correction.
Technical analysis:
From a technical point of view, the impact of the conflict in the Middle East did not directly push up prices, but instead rushed up and fell back, which shows that the market has great pressure on the upward trend. Therefore, for the upward trend, it is necessary to be relatively conservative.
From the position point of view, the support below is around 3410.
From a trading perspective, most traders are waiting for the release of some data, which will change the overall trend of gold. However, according to the latest analysis of 14 Wall Street analysts, 10 analysts expect prices to continue to rise.
So I guess that this time the gold price pullback is accumulating energy for upward movement. At present, the price has started to rise after falling back to around 3410. The point of this pullback rebound is expected to stop around 3440, and then start to fluctuate at a high level.
If the price breaks through 3440 strongly and stabilizes above this position, the price may hit the upward pressure level of 3455 again.
XAU/USD Chart Analysis Following Israel-Iran StrikesXAU/USD Chart Analysis Following Israel-Iran Strikes
In 2025, the price of gold continues to form a long-term upward trend, highlighted by the black line. The red line previously acted as resistance, resulting in the formation of a contracting triangle on the XAU/USD chart – a typical sign of market equilibrium.
However, this red line was breached (as indicated by the arrow) amid news of the exchange of strikes between Israel and Iran. In response, gold price movements have more clearly outlined the rising blue channel, which began to take shape in the second half of May.
Over the weekend, the strikes continued, and on Monday morning, trading opened with a modest bullish gap. This indicates that geopolitical risk concerns are helping to keep gold prices anchored above the red line.
What could happen to the price of gold next?
Much will depend on how the situation in the Middle East develops. Should the exchange of strikes between Iran and Israel subside and official statements offer hope for de-escalation, a pullback from the upper boundary of the blue channel is likely.
If such a scenario plays out, technical analysts may focus on the support zone around $3,390–3,400 on the XAU/USD chart, formed by:
→ the psychological level of $3,400;
→ the red line, which previously acted as resistance;
→ the median of the blue channel.
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.
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
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
Middle East tensions ease? Prices fall?Information summary:
Iran sent a peace signal to the United States and Israel through Arab intermediaries - requiring 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.
Under the influence of this news, gold turned downward several times, reaching a low of $3,383, and then rebounded slightly. The current price fluctuates slightly above $3,400.
Market analysis:
Technical analysis shows that the current price has broken through the key resistance area of the previous high and the middle track resonance. The 4-hour chart continues to be bullish under the support of the middle track, and the short-term sideways adjustment is a normal accumulation of upward momentum.
If the integer mark of $3,400 can be maintained, the hourly chart is expected to continue the upward trend after a narrow range of fluctuations, and accelerate to a new high after breaking through; on the contrary, if this position is lost, it is necessary to be vigilant about the risk of trend reversal.
The geopolitical crisis continues to ferment, injecting medium- and long-term safe-haven demand into gold. Combined with the strong closing pattern at the weekly level, the core operation strategy should be to buy on the pullback, focusing on the 3400-line long-short dividing line. At present, the price can be arranged for long orders, and the target will be the previous high point after breaking through 3415, but the risk of falling back from the high point must be strictly prevented.
Good luck to everyone in the new week.
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
Analysis of gold trend on June 16!
📣Gold information:
Gold prices (XAU/USD) climbed to $3,445 in early Asian trading on Monday, the highest level in more than a month, as rising tensions in the Middle East and expectations of a rate cut by the Federal Reserve boosted demand for safe-haven assets.
Investors remain focused on geopolitical risks despite stronger-than-expected U.S. economic data on Friday. The University of Michigan's consumer confidence index jumped to 60.5 in June, well above market expectations of 53.5 and 52.2 in May. However, the market largely shrugged off the data. Instead, attention turned to the escalating conflict in the Middle East, with Israel's recent attack on Iran fueling concerns about instability in the wider region. In response, Iranian authorities warned that they would "respond firmly to any adventurism," which boosted gold's appeal amid global uncertainty.
⭐️Technical review and analysis: For the current short-term operation of gold, it is recommended to rebound high and go long, with the upward resistance level of 3450-3500 and the downward support level of 3385-3335.
⭐️Set gold price:
🔥Sell gold area: 3465-3475 SL 3485
TP1: $3450
TP2: $3430
🔥Buy gold area: $3390-$3388 SL $3383
TP1: $3400
TP2: $3422
Geopolitical conflict re-emerges, price points to 3500?Information summary:
The powder keg of the Middle East situation exploded. A new round of fierce fighting between Israel and Iran has pushed the global financial market into a risk-averse storm. In just one day, gold soared. In the early Asian session on Monday, the price of gold was unstoppable, hitting a nearly seven-week high of $3451/ounce. Under the dark clouds of geopolitical conflict, gold bulls are in full swing, and the $3500 mark seems to be within reach.
In addition, the market will face two major tests this week: the monthly rate of US retail sales and the highly anticipated Federal Reserve interest rate decision.
Technical analysis:
At the daily level, the MA10, MA7, and MA5 moving averages are diverging upward, the RSI indicator turns upward, and the gold price is running steadily in the upper and middle track area of the Bollinger band. In the four-hour cycle, the moving average forms a golden cross arrangement and the opening continues to expand. The price continues to rise along the MA10 daily moving average, and the Bollinger band also maintains an upward opening shape.
The current market is dominated by geopolitical risks in the Middle East, and the gold price is consolidating at a high level. If the situation does not change, the gold price will most likely remain above $3,400 today, and it is even very likely to refresh the historical high of $3,500 today and tomorrow. Therefore, before the trend changes, the long strategy is still the best choice.
Operation strategy;
Buy near 3420, stop loss 3410, target 3460-3470.
The golden opportunity comes again.This week, gold showed a slow bullish upward pattern, rising repeatedly and circuitously, and finally closed positive on the weekly line. On Friday, it was blocked twice at the high level of 3445, and the closing price remained sideways. The market is expected to continue the upward trend next week. If it breaks through 3445, it is expected to further challenge the 3500 mark or even set a new high. Combined with the recent fundamentals and the continued warming of the geopolitical situation, it provides solid support for bulls. However, the current market shock sweep is still the main rhythm, and it is not advisable to blindly chase highs in operation. It is still recommended to focus on retracement and long positions. The key support of the daily line refers to the top and bottom conversion position of 3403 and the low point of 3419 on Friday. If it falls back to the above area, you can rely on the support to arrange long positions at the right time. The overall trend is still inclined to bulls, and short positions can only be tried with a light position. Remember that strict risk control is required against the trend. I will remind you of the specific operation strategy at the bottom, and pay attention to it in time.
Operation suggestion: Gold is recommended to go long near 3405-3400, with the target looking at 3445 and 3465. If it is strong, rely on the support of 3420-3415 area and choose the opportunity to go long.
If you still lack direction in gold trading, you might as well try to follow my pace. The strategy is open and transparent, and the execution logic is clear and definite, which may bring new breakthroughs to your trading. The real value does not rely on verbal promises, but is verified by the market and time. 🌐
Gold (XAUUSD) Weekly Forecast - 16 to 20 June 2025🔥 Gold (XAU/USD) Weekly Outlook | June 16–20, 2025
🧭 Macro & Geopolitical Context
Israel–Iran war (Operation Rising Lion) has escalated: Israeli strikes on Iran’s nuclear and missile infrastructure on June 13, followed by Iranian missile/drone retaliation, have sharply intensified regional conflict .
The safe‑haven bid is in full swing: spot gold surged toward $3,500, breaking $3,400 last week, driven by risk‑off flows and a weaker US dollar .
🧩 Fundamental Catalysts
1. Fed dovish tilt: May CPI/PPI prints came in soft, lifting expectations for rate cuts. No change is expected at the June 18 meeting, but the Fed’s dot‑plot and Powell’s tone offer upside triggers .
2. Technical breakout: Gold has reclaimed key levels—23.6% Fibonacci (~ $3,377) now acts as support, with the next resistance zones at $3,450 → $3,500 .
3. Bank & analyst sentiment: Goldman Sachs sees potential for $3,700 by year-end; Bank of America projects a path toward $4,000/oz .
📊 Technical Setup & Levels
Support: $3,400; next down at $3,377 (23.6% Fibo) and $3,325 (21‑day SMA) .
Resistance: $3,450 → major barrier $3,500 (all‑time high).
Momentum: RSI around 62—leaves room for further upside .
Catalysts to Monitor
June 18 Fed meeting: Dot‑plot, Powell’s press conference.
Any Iran retaliation or widening of the conflict.
Short‑term US data: June CPI, PPI, Retail Sales (especially mid‑week).
USD strength or weakness—dollar reversal could clip gold gains.
Follow for more updates
#XAUUSD #GOLD #Goldanalysis #WeeklyAnalysis #trade
Risk aversion escalates, prices continue to rise?Information summary:
On the last trading day of last week, gold rose again under the stimulation of risk aversion. The gold market is shrouded in risk aversion in the Middle East. In the short term, the trend of gold is still supported by risk aversion and may continue to rise. At present, the relationship between Israel and Iran has not been eased; there is the latest news: Iran may retaliate against the air strikes it suffered this time. This will provide momentum for the rise of gold.
Market analysis:
Gold 1 hour shows that the moving average forms a golden cross and diverges upward, and the bullish trend of gold is still there. After the rise of gold risk aversion, gold has adjusted sideways in the short term, but it is still oscillating strongly at a high level; it is still in the process of rising. The short-term fluctuation of gold is the adjustment in the process of rising, and it will continue to rise at any time. After the gold bulls broke through 3400, they have been stabilizing above this position, so the strategy for next week is still to buy on dips.
However, it should be noted that if the international situation suddenly changes, the price may not fall back, but directly rush to a new high.
In addition, if the international situation eases and falls below 3400, we must adjust the operation strategy in time to avoid losses.
Important positions:
Resistance levels: 3450, 3475, 3490
Support levels: 3410, 3400, 3380
Operation strategy:
Buy near 3410, stop loss at 3400, win range above 3450 points.
There are still 7 hours left before the Asian market opens. I hope my analysis can help all traders gain something in the gold market.
GOLD/USD Bullish Breakout PotentialGOLD/USD Bullish Breakout Potential 🚀📈
🔍 Chart Analysis (June 15, 2025):
The GOLD/USD price action shows strong bullish momentum after a successful breakout above the previous resistance zone (now turned support) around $3,400. This level had previously acted as a key resistance multiple times (evidenced by the price rejection in early June), but has now been flipped into a support zone. The chart highlights two major elements:
📌 Key Highlights:
✅ Support Zone:
The $3,390–$3,410 range is now a confirmed support area after price broke above and retested it. This zone was previously tested multiple times (marked by arrows) and is expected to act as a launchpad for further upside.
🎯 Target Point:
The projected bullish target lies in the $3,610–$3,640 range. This level has been highlighted as a potential area where price might face resistance again.
📈 Bullish Projection:
A bullish continuation is expected if the price remains above the $3,400 level. The chart suggests a possible pullback to support before continuation towards the target zone.
⚠️ Technical Outlook:
As long as price holds above support, the bias remains bullish.
A drop below $3,390 would invalidate this bullish scenario and call for reassessment.
Conservative entry may wait for a confirmed bounce from support.
🔮 Summary:
Bullish bias is active for GOLD/USD with a short-term target around $3,620. Watch the $3,400 support closely for confirmation of the upward momentum.
Adjustment over? Uptrend coming?Information summary:
A new round of air strikes by Israel against Iran on Friday has significantly escalated the conflict in the Middle East. Investors have quickly poured into traditional safe-haven assets such as gold, U.S. Treasuries and the Japanese yen. The market's current first choice for hedging geopolitical risks is gold, not the U.S. dollar. The U.S. dollar index rebounded slightly this week, but it has not become the main target of safe-haven fund flows, and gold has dominated the flow of safe-haven funds.
Although risk aversion has become the main theme of the gold market this week, the Fed's policy trends are still the core variable affecting the long-term direction of gold prices. In this week's FOMC meeting, the Fed kept interest rates unchanged and hinted that it may only cut interest rates once this year. But Powell also pointed out that future policies will still depend on data, leaving speculation about reversals.
Market traders generally believe that if the future inflation data falls more than expected or the job market slows down, the Fed's stance may turn dovish again, and gold prices may therefore gain new upward momentum.
Trend analysis for next week:
The weekly bullish trend extends, and there is still a lot of room for growth. After a round of decline last week, the weekly line closed this week again in a very strong position, and the daily rising trend channel resumed its operation. From the market alone, the gold price trend has been stabilizing above the middle track, and the bulls continued to line up at the opening of Monday. From the indicators, the middle track has been extending upward. Since May, the price has continued to create highs in the rising channel and has a tendency to challenge the historical high position of 3500, indicating that there is still room for upward movement in the short term.
From the 1-hour chart, the price rose to 3447 and then made a short-term correction to 3420, and the correction has been sufficient. 3420-3415 forms the most important support area. If this position is touched, it is an opportunity for long trading; but the price may not fall back to the support line and rise directly. Before breaking the important neckline, no short strategy will be adopted at the beginning of next week. We can patiently wait for the opportunity to go long after the correction.
Operation strategy:
Buy at 3415-3420, stop loss at 3410, profit range at 3450-3455.