XAUUSD Long Position Gold is currently in a retracement with the potential for a further to the upside from the $3400 break-and-retest level. Last week we saw a massive rally to the upside for Gold after 2 days of indecision, during this rally, Gold broke above the $3400 resistance zone and now has the potential to use this level and platform to bounce further to the upside. On the 4 hour timeframe, Gold is comfortable trading above the 50 SMA and the $3400 potentially lays in the 45-55 zone of the RSI which is the sweet spot region indicating the need of a retracement and continuation of the the primary trend which is bullish. Will be looking to trade from $3400 with Stop loss below structure towards the $3445 resistance level.
Futures market
6/16/2025 3:33am PST - PreMarket Analysis - ChatGPTCRUDE OIL FUTURES – 15-Min Chart Analysis (June 16, 2025 – 06:23 UTC-4)
Ticker: OIL (MARKETSCOM)
Current Price: ~$70.97
Trend: Short-term bearish correction after major rally
EMA Signals: Bearish pressure building below 21 EMA, 50 EMA, and at 200 EMA support
🔍 Technical Indicator Summary:
1. Moving Averages
EMA 21 = $72.97
EMA 50 = $72.88
EMA 200 = $70.72 (currently holding as dynamic support)
➡️ Price is squeezed just above the 200 EMA while remaining under key short-term EMAs, signaling temporary bearish control but near potential bounce zone.
2. MACD (12,26,9)
Histogram: Weak bearish momentum (slightly below 0)
Signal line below MACD line but flattening
➡️ Signs of bearish momentum exhaustion. Neutral to slight bullish lean if crossover happens.
3. RSI (14)
RSI = 40.65
Signal line = 49.76
➡️ Approaching oversold territory but not deeply enough to be a reversal signal alone. RSI flattening, suggesting possible price compression before decision.
🔒 Key Price Levels
🔻 Support Zones:
$70.70 (EMA 200) — crucial dynamic support
$70.00 – key horizontal and psychological support
$69.17 / $68.98 – deeper structure supports if $70 fails
🔺 Resistance Zones:
$72.15 (near-term resistance)
$73.39 – local structural peak
$73.99 – key double top zone
🎯 Trade Setup (Next 24 Hours)
✅ Scenario 1: Bounce from EMA 200 (Bullish Reversal)
Conditions for entry:
RSI climbs above 45 and MACD bullish crossover confirmed
Price holds $70.70 and reclaims $71.50+ on healthy volume
Entry:
📈 Buy breakout above $71.50 (confirmation above local lower high)
🎯 TP1: $72.20
🎯 TP2: $73.30
🛑 SL: $70.40 (below 200 EMA and recent low)
❌ Scenario 2: Breakdown Below $70.70 (Bearish Continuation)
Conditions:
MACD histogram expands red again
RSI drops under 38
Price closes below $70.70 with increasing volume
Entry:
📉 Short below $70.60
🎯 TP1: $70.00
🎯 TP2: $69.20
🛑 SL: $71.30 (above minor consolidation)
📊 Probability Forecast (Next 24h):
Scenario Probability Rationale
✅ Bullish Reversal 60% - EMA 200 historically strong bounce zone
MACD flattening
Price holding horizontal + dynamic support |
| ❌ Bearish Continuation | 40% | - Price below all short-term EMAs
Macro structure still shows lower highs
Breakdown below 200 EMA could trigger quick selloff to $70 / $69.2 |
🧠 Strategic Insight:
Buyers are defending EMA 200; short-term bears running out of steam.
Wait for RSI & MACD confirmation — price may range 1–3 more candles.
Low-risk long possible if we see price reclaim $71.50 with volume.
Gold trend analysis and operation ideasFrom the 4-hour market analysis, the support below is around 3408-10. The short-term bullish strong dividing line moves up to the 3388-93 level. The daily level stabilizes above this position and continues to maintain the same low-long rhythm. Short positions against the trend need to be cautious. There is a high probability that the short-term will continue to rush up to test the previous high.
Gold operation strategy:
Gold goes long when it falls back to 3408-10, and goes long when it falls back to 3388-95. Stop loss 3384, target 3445-3450, and continue to hold if it breaks;
Safe-Haven Demand Lifts Gold Above $3,440Gold rose to around $3,440 per ounce on Monday, staying near April’s record highs, as escalating Middle East tensions increased safe-haven demand. Weekend clashes between Israel and Iran raised fears of broader conflict.
Markets now look ahead to upcoming central bank meetings, especially the U.S. Federal Reserve. While rates are expected to remain unchanged, investors are watching for signals on future cuts. Last week’s weaker inflation data has increased expectations for a potential rate cut by September.
Traders are also awaiting details on President Donald Trump’s upcoming tariff decisions, expected in the coming weeks.
Resistance is seen at $3,430, while support holds at $3,392.
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
XAUUSD:Waiting to go long
For gold I am still bullish, do long, rather than blindly chase long.
Today's lowest reretreat to around 3408, from the short-term level or long willingness is stronger, the hourly level is a little pressure, trading can wait for the pullback before buying long, the important support below 3404. Short-term support looks at 3407-12
Trading Strategy:
BUY@3407-12
TP:3427-30
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Today's gold price: Continue to go long at low pricesToday's gold price: Continue to go long at low prices
Based on current market dynamics and technical analysis, the following is a concise strategic summary of gold trends:
Core influencing factors
Federal Reserve policy meeting: If a dovish signal is released (implying a rate cut), it may suppress the US dollar and benefit gold; if a hawkish stance is released (emphasizing inflation), it may support the US dollar and be bearish for gold in the short term.
Geopolitical risks (Middle East situation): Risk aversion continues to support gold prices, and we need to be vigilant against sudden escalation events.
Economic data: If data such as US retail sales are weak, it may strengthen expectations of rate cuts and boost gold prices.
Key points of technical analysis
Weekly level:
Strongly stand at 3400 points, confirming a bullish trend.
Daily level:
Continued positive breakthrough of the short-term moving average golden cross, bullish momentum is strong.
The previous high of 3450 is a recent resistance, and after breaking through, it may challenge the historical high of 3500.
4-hour/1-hour level:
3400-3410 is a short-term watershed. If it stabilizes, the upward trend will continue.
If it falls back to around 3410 without breaking, it can be regarded as an opportunity to enter the long position.
Operation strategy
Long-term:
Entry: Go long after stabilizing in the 3400-3410 area, target 3440-3450, and look at 3500 after breaking through.
Stop loss: Below 3380 (beware of false breakthroughs).
Be cautious about shorting:
If it rises to around 3450 points and is under pressure, and a reversal signal appears (such as a long upper shadow line), you can try to short with a light position, with a target of 3420 points and a stop loss of 3460 points.
Risk warning:
The Fed's unexpected hawkish stance or geopolitical easing may lead to a pullback, and positions need to be adjusted flexibly.
News to watch during the day: G7 summit, developments in the Middle East, and US economic data (New York Fed Manufacturing Index).
Technical signal: 3410 support is effective, 3450 breakthrough.
Xauusd buy idea The current buy structure in gold suggests a bullish outlook. However, fundamental factors are presenting mixed signals, making market direction uncertain. We've identified key scenarios. A consolidation above $3388 could pave the way for a potential increase, targeting $3438, $3462, and $3480.
GOLD UPDATE .......Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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Gold Breaks Out as Iran Tensions Flare🚨 Israel’s Iran strike fears are sending gold ( OANDA:XAUUSD ) soaring to $3448!
reports Israel may target Iran’s nuclear sites (June 16, 2025), fueling safe-haven demand as oil prices climb.
4H Chart Analysis:
Price Action: XAUUSD cleared $3440 resistance (a June 2025 high) after a 2-week consolidation, confirming an uptrend.
Volume: 4H volume surged 20% vs. the prior week, reflecting strong buying pressure.
Key Levels:
Current Support: $3440 (former resistance, now support, tested today).
Next Support: $3410-$3420 (consolidation low, held three times since June 1, 2025).
Context: Gold is up 6.49% this month, with $3448 the highest 4H close since May 2025, driven by Middle East risks.
The $3440 breakout with high volume shows buyers dominating. $3410-$3420 is a key support zone for pullbacks, backed by recent price action. Track Iran news and volume for breakout strength or reversal signals.
How’s your 4H gold setup looking? Drop your charts! 👇 #GoldPrice #XAUUSD #IsraelIran #SafeHaven #TradingView
Gold is on a roller coaster rideTechnically, the daily level reminds us to focus on the key resistance range of 3455-3460: if this area fails to break through effectively, the price may face a technical correction; if it breaks through, it may open up further upward space. The 4-hour period chart analysis shows that the gold price maintains a unilateral upward trend, the Bollinger Band channel continues to expand, and the moving average system maintains a complete long arrangement. This week, we need to focus on monitoring two major support levels: 3420 constitutes a short-term long-short watershed, and if this position is maintained, the price will maintain its strong characteristics; 3410-3405 is a key trend support level. If it is not effectively broken, the long structure will continue.
Operation strategy:
1. It is recommended to buy gold near 3420-3415 when it falls back. Click the homepage for more information
Gold is gaining momentum – Can the bulls drive it up to $3,485?OANDA:XAUUSD is a typical case of a market trading within an ascending channel, with price action consistently respecting both its upper and lower boundaries.
As you can see in my analysis, the price has recently broken through an important resistance zone and may return to retest it. If this level holds as support, it will indeed confirm the bullish trend and make the move towards my projected target of 3,485 highly likely, aiming for the next resistance zone at 3,485 and 3,500.
If the price remains above this support zone, my bullish outlook remains intact. However, if the price fails to hold above this level, the short-term bullish outlook will therefore be disrupted and may be followed by the next downward retracement.
Make sure to always use proper risk management.