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XAUUSD: That is the most effective buy entry.Gold is practically neutral on its 1D technical outlook (RSI = 55.335, MACD = 29.660, ADX = 20.560), consolidating above its 4H MA50 since yesterday. The HL on the Channel Up has been priced under the 4H MA50, the latest one just under the 0.618 Fibonacci retracement level. That is the most efficient level to buy again and target the top of the Channel Up (TP = 3,500) not more than +4.78%, which was the previous bullish wave. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
Gold | 4h Structural LookoutPEPPERSTONE:XAUUSD 📅 June 18, 2025 Chart Title: “Gold's Battle at the Midpoint – Compression Before Explosion” Bias: Neutral-to-Bullish Structure: Ranging with Bullish Channel ✳️ Technical Summary: Gold continues to coil near the upper half of its multi-month structure, testing traders’ patience before a potentially explosive move. Current PA is forming a tight consolidation right beneath mid-channel resistance, suggesting a directional breakout is imminent — especially with the FOMC catalyst ahead. 📏 Key Chart Features: Clear Rising Channel: Acting as medium-term trend guide Major Consolidation: Identified around 3,330–3,380 Historical Boxes & Reaction Lows: Multiple orange circles show clear buying interest zones Possible Long-Term Range: Defined between 3,123 and ATH zone (3,500) EMA Support: Price currently holding both 15 & 60 EMAs 📈 Scenarios to Watch: 🔼 Bullish Breakout Path: Trigger: Break and close above 3,400 Confirmation: Follow-through above consolidation +full body close TP1: 3,460 TP2: ATH retest around 3,500–3,540 SL: Below 3,320 or lower trendline Invalidation: Break below channel 🔽 Bearish Breakdown Path: Trigger: Breakdown below 3,325 support First Target: 3,250 Expansion Target: 3,123 – base of the macro range Extreme Bear Target: 3,000 zone SL: Above 3,400 Consolidation Zoom in: #Xauusd #Gold #Trading #MJtrading #forex #Chart #chartanalysis #signal #freesignal
PEPPERSTONE:XAUUSDLong
by MJElahifx
2
GOLD fluctuates, but remains generally stable sidewaysOANDA:XAUUSD has been volatile and volatile but has remained broadly stable as investors assess the conflict between Israel and Iran while keeping an eye on this week's Federal Reserve policy meeting. Spot gold was steady at $3.38/oz at press time, down from a high of $3,403/oz yesterday (Tuesday). Israel and Iran traded fire for a fifth day on Tuesday as US President Donald Trump called for the evacuation of the Iranian capital Tehran and cut short his trip to the G7 summit in Canada, amid reports he had asked his administration's National Security Council to prepare in the Situation Room. According to Reuters, Tehran has asked Oman, Qatar and Saudi Arabia to urge Trump to push Israel for a regional ceasefire in exchange for Iran's willingness to be flexible in nuclear talks. Trump's latest Truth Social post stated: "I have not communicated with Iran in any way, shape or form about (peace talks). This is all fake news! If they want to negotiate, they know how to communicate with me. They should make a deal at the negotiating table, it will save lives!!!" Forexlive commented that those who know Trump know that he will definitely wait for Iran to come to him. According to reports, Iran is trying to negotiate a ceasefire, but has not received any substantive news so far. Non-yielding gold is seen as a hedge against geopolitical and economic uncertainty and has generally performed well in low interest rate environments. So, fundamentally speaking, gold should be positive in the current market environment, although the sharp declines often make new traders lose their confidence in the trend. I myself have been the same way, there have been many times this year when I did not believe in myself, did not believe in the uptrend and ended up with bad results… The Fed's interest rate decision and Chairman Jerome Powell's speech will be released today (Wednesday). Traders are now expecting the Fed to cut interest rates twice by the end of the year. According to CME's "Federal Reserve Watch" on June 18: • The probability of the Federal Reserve keeping interest rates unchanged in June is 97.3% and the probability of a 25 basis point rate cut is 2.7%; • The probability of a rate stay unchanged in July is 85.3%, the probability of a cumulative 25 basis point rate cut is 14.4% and the probability of a cumulative 50 basis point rate cut is 0.3%. Technical Outlook Analysis OANDA:XAUUSD On the daily chart, gold has been trading back and forth between the 0.236% Fibonacci retracement level and the 3,400USD whole price point, which was noted as the nearest support and resistance sent to readers in the previous issue. However, the overall technical structure remains unchanged with the uptrend still dominating the chart, with the EMA21 support as the important support and the trend as the main trend. Meanwhile, the 0.236% Fibonacci retracement level is the nearest support and the price channel is the short-term trend. In terms of momentum, the Relative Strength Index (RSI) remains above 50 and 50 is considered support in this case for the RSI, with the distance far from the overbought zone suggesting that there is still room for upside ahead. During the day, if gold breaks above the raw price point of $3,400, it will give a positive signal for the bullish outlook and the target is then around $3,435 in the short term. Finally, the notable positions will be listed as follows. Support: $3,371 – $3,350 Resistance: $3,400 – $3,435 SELL XAUUSD PRICE 3423 - 3421⚡️ ↠↠ Stop Loss 3427 →Take Profit 1 3415 ↨ →Take Profit 2 3409 BUY XAUUSD PRICE 3351 - 3353⚡️ ↠↠ Stop Loss 3347 →Take Profit 1 3359 ↨ →Take Profit 2 3365
OANDA:XAUUSDLong
by Xayah_trading
GOLD SPOT (XAU/USD) 1H ANALYSIS BULLISH STRUCTURE HOLDING STRONG📈 GOLD SPOT (XAU/USD) 1H ANALYSIS – BULLISH STRUCTURE HOLDING STRONG! 🚀✨ 🔍 Overview: Gold is currently trading within a well-defined ascending channel 📊, showing clear bullish intent. Price action has respected the lower channel support, bouncing strongly from a key demand zone highlighted in blue. 🟦 Support Zone: The price is consolidating just above the $3,385–$3,390 support zone 🛡️, which has acted as a springboard multiple times in the past. This area aligns perfectly with the lower trendline, increasing its reliability. 📍 Key Price Targets: 🎯 $3,402 – First breakout confirmation and minor resistance. 🎯 $3,422 – Mid-level target, possible resistance. 🎯 $3,452 – High-probability target if bullish momentum continues. 🎯 $3,460+ – Extended target aligning with the channel top. 📈 Technical Structure: Price is respecting higher lows and higher highs, maintaining bullish momentum. A breakout above $3,402 could trigger the next leg up. Market is forming a bullish flag/pennant consolidation—potential breakout pending ⏳. ⚠️ Risk Zone: A break below the demand zone and the channel could invalidate the bullish setup ❌. Close monitoring of lower structure is essential. ✅ Conclusion: As long as price holds above the key support zone and within the ascending channel, bullish continuation remains the favored scenario. A breakout above interim resistance levels could send Gold toward $3,450+! 🌟📊 🔔 Watch for bullish confirmation candles or volume spikes before entry! 📅 Chart published: June 18, 2025 | XAU/USD | 1H timeframe 🧠 Strategy: Bullish breakout play 📈 💡 Sentiment: Moderately Bullish ♻️
OANDA:XAUUSDLong
by VikingFx-Community
XAUUSD: Market Analysis and Strategy for June 19Gold technical analysis Daily level upper resistance 3500 lower support 3338 4-hour upper resistance 3419 lower support 3361 1-hour upper resistance 3400 lower support 3366 Gold news analysis: This week, gold rose to 3450 with the help of regional conflicts and then fell, eventually falling below the 3400 integer mark. Combining the intraday trend and the gradually downward movement of the high point in the weekly chart, it can be seen that the short-sellers' control in the market is gradually increasing. From a technical point of view, yesterday's decline drove the gold price to run below the middle track of the Bollinger band again, and the short-term 5-day moving average also fell. Although there is still a possibility of a rebound in the short term, the overall pattern is bearish. The Bollinger band has signs of closing, which means that there may be a shock adjustment in the future, especially the rebound strength after the support is worth paying attention to. Gold operation suggestions: From the current trend analysis, the support below focuses on the four-hour level 3365 and the one-hour level 3366 support, and the upper pressure focuses on the vicinity of 3419. The short-term long-short strength and weakness dividing line is near 3361. Continue to buy on dips before the four-hour level falls below this position. Buy: 3361near SL: 3355 Buy: 3400near SL: 3995
TVC:GOLDLong
by ActuaryJ
Gold Faces Resistance as Israel-Iran Conflict Fails to Fuel RallGold Unlikely to Sustain Long-Term Gains on Israel-Iran Tensions Despite escalating geopolitical risks, gold’s upside remains limited. Julius Baer's Carsten Menke notes that the recent move is likely driven by short-term speculative and algorithmic flows, not physical safe-haven demand—consistent with historical patterns of brief geopolitical spikes. Technical Outlook: Gold is currently trading below 3404, suggesting possible range-bound consolidation between 3404 and 3480. A 1H close below 3380 could trigger further downside toward 3365 and 3347. Conversely, a break above 3404 would open the way for a bullish push toward 3448. Key Levels: • Pivot: 3381 • Support: / 3365 / 3347 / 3321 • Resistance: 3404/ 3420 / 3448
OANDA:XAUUSDShort
by SroshMayi
Gold stays silent before the storm – USD steals the spotlightThe US dollar has surged sharply, pushing the DXY index to 98.58 — its highest level in months — as investors seek a “safe haven” ahead of the critical Fed meeting on June 19. Capital has temporarily shifted away from gold, finding shelter in the greenback, even as the world faces increasingly extreme geopolitical tensions. Israel continues its airstrikes on Iran, and the White House has issued stern warnings. Yet hopes for a possible revival of nuclear negotiations have left markets hesitant. Meanwhile, the U.S. economy is flashing clear signs of weakness — retail sales have plunged, and industrial output has declined for the second consecutive month — raising doubts about the sustainability of the dollar's rally. Technically, gold remains a “silent warrior.” Its bullish structure is intact, and the RSI remains in positive territory. If the price breaks above 3,400 USD, it could quickly target the 3,460 level. But if hesitation continues, the 3,350 level will be the next critical boundary. Many analysts believe gold isn’t asleep — it’s merely waiting for the right moment to explode.
OANDA:XAUUSDLong
by Lucas-TradingFX
Watch for steady progress in evening interest rates📰 Impact of news: 1. Initial jobless claims data 2. US-Iran conflict continues 3. Pay attention to the Fed's decision 📈 Market analysis: In the short term, gold has repeatedly tested the 3380-3375 line and has not made any substantial breakthrough. If it breaks through and stabilizes at 3400 after the data is released, it means that gold will change its weak situation and there will be another wave of accelerated rise. However, if it continues to remain below 3400, the market will definitely fall further. Therefore, pay close attention to the 3400 mark after the data is released! 🏅 Trading strategies: Do not participate in the transaction for the time being, pay attention to interest rate information and Powell's speech, I will publish the specific points on 🌐 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. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDLong
by AllenBoswell-2
Gold Hits PRZ with RD-! Time for Bears to Take Over?Gold ( OANDA:XAUUSD ) attacked the Resistance zone ($3,445-$3,406) once again, forming an Ending Diagonal at the top of the structure. Although price reached the Potential Reversal Zone (PRZ) , the presence of Regular Divergence (RD-) between the last two peaks could indicate the weakening of bullish momentum . In terms of Elliott Wave theory , we can clearly count a completed 5-wave structure , with an Ending Diagonal pattern . This supports the idea of a major correction starting soon . I expect Gold to attack the lower lines of Ending Diagonal , and if it breaks, it could drop to at least $3,333 . The Second Target could be the Support zone ($3,451-$3,120) . Do you think Gold will make a new All-Time High(ATH) again in this rally?! Note: Stop Loss (SL) = $3,463 Gold Analyze (XAUUSD), 2-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
1
Smart Money Zones Revealed (XAUUSD) Is Gold Just Breathing or Breaking? Smart Money Zones Revealed (XAUUSD) 🔍 Macro & Sentiment Overview Gold faced a sharp correction after a strong Asian session rally, which caught many traders off guard... While the US Dollar gained 0.7% due to safe-haven flows and Fed anticipation, gold's dip seems more like a liquidity sweep than a structural reversal... 🌍 Rising geopolitical tensions — especially Iran–Israel and Trump’s comments about Tehran — keep the fear premium alive… 🛢️ Meanwhile, oil prices are surging, and institutional funds might be rotating capital between commodities and equities... 📝 All eyes are now on the Fed’s rate decision and the US retail sales report — a potential "horror print" that could shock rate expectations and trigger high volatility across markets. 📉 Technical Breakdown (M30 Perspective) Price pulled back sharply after an overextended bullish move from Asian FOMO… EMAs (13, 34, 89, 200) show early signs of potential crossover — signaling caution for buyers… Liquidity gaps (FVG zones) below current price indicate a magnet for institutional fills… 🎯 Trade Setup 🔵 BUY ZONE: 3345 – 3343 Stop-Loss: 3339 Take Profits: 3350 → 3354 → 3358 → 3362 → 3366 → 3370 → 3380 → 3400 → ??? 🧠 Look for confirmation through price action and rejection candles during London/NY sessions before entering. 🔴 SELL ZONE: 3442 – 3444 Stop-Loss: 3448 Take Profits: 3438 → 3434 → 3430 → 3425 → 3420 → 3410 → 3400 ⚠️ Only short upon clean rejection and strong bearish confirmation patterns — avoid blind entries in this volatile phase. 🧠 Final Thoughts Gold is moving within a smart money playbook — triggering stop hunts and liquidity grabs. With macro uncertainty ahead, patience and precision matter more than ever. Let price come to your zones. Don’t chase. Let volatility serve you — not shake you. 📌 Follow this idea for live updates during the Fed press conference and NY session.
OANDA:XAUUSD
by MMFlowTrading
Trading strategy june 18Yesterday's D1 candle was a Doji candle. It shows the hesitation of buyers and sellers at the price near ATH. The h4 structure is a sustainable bullish wave structure and is heading towards higher hooks. The 3400 zone is the immediate resistance zone that Gold is heading towards. This zone will be the breakout zone for the confirmation of the candle closing above 3400. The profit-taking reaction zone of sellers at 3415 acts as a price reaction when the price uptrends again and creates momentum towards 3443. On the opposite side, the breakout point of 3472, if broken, will push the price to the support zone of 3342 Break out zone: 3400; 3372 Resistance: 3415; 3443 Support: 3343
OANDA:XAUUSD
by VHT_Trader
1
Silver Up Slightly as Markets Await PowellXAG/USD rose 0.3% to $37.23 on Wednesday, though gains were capped by a stronger U.S. dollar as investors turned to safe assets amid escalating geopolitical tensions and caution ahead of the Federal Reserve’s decision. Silver’s safe-haven appeal remained, but the firmer dollar made it less attractive for non-dollar buyers. Markets are now watching Fed Chair Jerome Powell’s remarks for clues on future policy and near-term direction for silver. Resistance is set at 37.50, while support stands at 35.40.
FOREXCOM:XAGUSD
by ChartMage
HelenP. I Gold can rise to resistance level and drop to $3325Hi folks today I'm prepared for you Gold analytics. After a steady climb, the price began to lose momentum and eventually corrected back to the trend line. This zone acted as dynamic support and initiated a new wave of upward movement. However, unlike the previous impulse, the price started consolidating within a symmetrical triangle, signaling indecision and weakening bullish pressure. Now the structure is tightening near the resistance zone, where the price has already been rejected multiple times. The market appears to be preparing for another interaction with the resistance level around 3430. Given the overall context, fading bullish energy, repeated rejections, and the triangle formation, I expect the price to test the resistance one more time before reversing downward. My goal is the trend line support, which aligns with 3325 points. This zone offers a logical area for the price to move next, especially considering the limited momentum above and the growing risk of breakdown inside the triangle. If you like my analytics you may support me with your like/comment ❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDShort
by FirstNameHelen
1
Gold Steady Near $3,390 Ahead of Fed DecisionGold rebounded from early losses on Wednesday, returning to around $3,390 as the Iran-Israel conflict entered its sixth day. Israel confirmed strikes near Tehran and reported missile launches from Iran, while President Trump’s national security meeting fueled speculation about potential U.S. involvement. Investors also focused on the Federal Reserve meeting, with no rate change expected but attention on guidance amid trade tensions and global uncertainty. Resistance is seen at $3,430, while support holds at $3,350.
EIGHTCAP:XAUUSD
by ChartMage
XAUUSD H1 I Bearish Reversal Off the 50% FibBased on the H1 chart, the price is approaching our sell entry level at 3408.11, a pullback resistance that aligns with the 50% Fib retracement. Our take profit is set at 3375, an overlap support that aligns with the 50% Fib retracement. The stop loss is set at 3441.66, a multi swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:XAUUSDShort
by Tradu
SILVER: Target Is Down! Short! My dear friends, Today we will analyse SILVER together☺️ The market is at an inflection zone and price has now reached an area around 36.878 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 36.687..Stop-loss is recommended beyond the inflection zone. ❤️Sending you lots of Love and Hugs❤️
FOREXCOM:XAGUSDShort
by FreeXauusdSignals
1
GOLD - Selling opportunity on the horizonLooking at gold. We have a nice bearish continuation orderflow on the 15min TF. We have a nice potential inducement level of liquidity that we are more than likely to take before moving lower. This is a reduced risk entry due to where we are on the higher TF as we are pulling into a potential demand zone on the higher timeframe. ITS REALLY IMPORTANT to remember where we are in terms of structure and as we well know Gold doesn't tend to fall for to long as it remains bullish the majority of the time. so in regards to the HTF like I mentioned above we are still bullish so we are expecting a reversal for the longer term at some point in the near future so this could be a case of get what we can from the market and then look for our LTF orderflow to switch Bullish before then looking for them long entries
OANDA:XAUUSDShort
by BenFxLDN
GOLD MARKET ANALYSIS AND COMMENTARY - [Jun 16 - Jun 20]The unrest in the Middle East this week has boosted safe-haven demand for gold, pushing it above $3,400 an ounce. While gold has broken several recent technical resistance levels, it is unlikely that it will hit a new record high next week. The ongoing conflict between Israel and Iran provides safe-haven support, but historically, gold rallies driven by geopolitical events tend to be short-lived. Gold is currently outperforming the US dollar, which has struggled to attract safe-haven funds. Iran launched a retaliatory airstrike on Israel on Friday night (June 13), Reuters reported. Air raid sirens sounded across Israel and authorities urged residents to take shelter in shelters. The Israeli military said Iran fired nearly 100 missiles, most of which were intercepted or missed their targets. Israel's Channel 12 reported two people were seriously injured, eight were moderately injured and 34 suffered shrapnel injuries. Iran's Islamic Revolutionary Guard Corps said it had carried out military operations against dozens of targets in Israel. The Iranian Revolutionary Guards' news website released a message that evening saying the "powerful and precise" counterattack was in retaliation for Israel's "invasion" of many parts of Iran and the killing of many senior military commanders, nuclear experts and Iranian civilians, including children. Wider Middle East Conflict Could Erupt Israel destroyed Tehran's military command system early Friday and struck key Iranian nuclear facilities. The Fars news agency, which is affiliated with Iran's Revolutionary Guards, cited data saying the Israeli attack killed dozens of people in Iran and wounded more than 300. Israel has carried out large-scale airstrikes on multiple locations in Iran since early Friday, bombing Iranian nuclear facilities and military targets. Reuters said Israel's attacks on Iran during the day and Iran's retaliation have raised concerns about a broader conflict in the region. All Eyes on the Fed While gold will continue to be affected by geopolitical developments, market attention will also be on the Federal Reserve, particularly Chairman Powell, who will speak after next week’s monetary policy meeting. Economists generally expect the Fed to keep rates unchanged. However, expectations are growing that Powell could begin paving the way for a rate cut later this year. The latest inflation data and signs of a slowing US economy have given the Federal Reserve room to cut rates. However, growing geopolitical uncertainty may prompt some market participants to adjust their expectations. Overall assessment of the basic environment The gold market in particular will still receive absolute support when there are too many risks appearing, from geopolitical developments to interest rate prospects, and tariffs. Major conflicts in the Middle East, Russia - Ukraine, trade war between the US and the rest of the world, ... are all sudden risk support that makes gold likely to surge in the short term. Therefore, in general vision, gold is considered the top safe-haven asset in the global unstable environment and it tends to increase in price in the current context. Economic Data to Watch Next Week Monday: State Manufacturing Survey, Bank of Japan Monetary Policy Meeting Tuesday: US Retail Sales Wednesday: US Weekly Jobless Claims, US Housing Starts, Federal Reserve Monetary Policy Meeting Thursday: US Markets Closed for Black Lives Matter Day, Swiss National Bank Monetary Policy Meeting, Bank of England Monetary Policy Meeting Friday: Philadelphia Fed Manufacturing Survey Technical Outlook Analysis OANDA:XAUUSD On the daily chart, gold has almost achieved all the bullish targets noted by readers in last week's weekly issue, initially at $3,371, then at the full price point and finally at $3,435. Gold can still continue to increase in price as technical conditions still absolutely support the short-term trend channel, while the long-term trend channel and the nearest support is the EMA21. In terms of momentum, the Relative Strength Index (RSI) is sloping up after receiving support from 50 and is still far from overbought territory, indicating that there is still a lot of room for upside ahead. To sum up, as long as gold remains within/above the price channel, it remains bullish in the short term. Any dips that do not break below the price channel should only be considered as short-term corrections or a new buying opportunity. Finally, the notable positions will be listed as follows. Support: 3,400 – 3,371 USD Resistance: 3,435 – 3,500 USD SELL XAUUSD PRICE 3497 - 3495⚡️ ↠↠ Stop Loss 3501 BUY XAUUSD PRICE 3374 - 3376⚡️ ↠↠ Stop Loss 3370
OANDA:XAUUSDLong
by Xayah_trading
2
DeGRAM | GOLD kept the rising channel📊 Technical Analysis ● Price rejected the channel roof near 3 435 again, carving a small evening-star and slipping back under the May trend-median 3 370 — a repeat of April/May fades. ● Bearish RSI divergence plus a break of the micro up-sloper (last three sessions) tips for a rotation toward the lower rail/3 295 support; loss of that opens the April pivot at 3 225. 💡 Fundamental Analysis ● Sticky US retail-sales and hawkish Fed comments keep 2-yr yields near 4.8 %, firming the DXY, while CFTC data show specs cutting longs for a second week — limiting bid depth. ✨ Summary Sell rallies 3 410-3 430; sustained trade below 3 366 targets 3 295, stretch 3 225. Short view void on an H4 close above 3 450. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
FOREXCOM:XAUUSDLong
by DeGRAM
2