GOLD- WATCHING IT CLOSELY.🔍 Chart Analysis
🏗️ Structure & Patterns
A perfect Cup & Handle formation is visible.
Price has broken out above the neckline (~₹98,000) but is currently in a pullback phase, forming the handle.
A falling wedge breakout is also seen prior to the breakout — a bullish continuation pattern.
📐 Fibonacci Retracement
0.382 level at ₹96,132
0.5 level at ₹95,132
These retracement levels align well with the handle zone and offer potential re-entry/buy levels.
🛡️ Key Support Levels
Level Description
₹98,000 Former resistance, now short-term support
₹96,132 38.2% Fib retracement
₹95,132 50% Fib retracement (also demand zone)
₹94,200 Major support
🔵 Note: Breakdown below ₹95,132 is bearish confirmation.
📊 RSI Analysis
RSI = 54.59, cooling off from overbought levels.
RSI has crossed below the RSI-based moving average (63.43), indicating temporary loss of momentum.
📈 Projected Path
The handle curve suggests a possible rebound after this pullback, targeting previous high ~₹99,358, and possibly ₹101,317 (height of cup projected upward).
✅ Summary
Category Observation
Pattern Bullish Cup & Handle with falling wedge breakout
Trend Bullish above ₹95,132; Weak only if closes below
Key Levels Support: ₹98,000 / ₹96,132 / ₹95,132 / ₹94,200
Resistance: ₹99,358 / ₹101,317
RSI Cooling down; not overbought; healthy retracement
Bias Bullish with pullback in progress; re-entry near ₹96k–95.1k zone
🧠 Final Thoughts
Pullbacks are healthy in bullish setups like this — watch for reversal signs near ₹96,132 or ₹95,132.
A daily close above ₹99,358 can trigger Cup & Handle target breakout toward ₹101,300+.
Maintain bullish bias unless ₹94,200 is breached.
Futures market
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
Stick to shorting gold and aim for the target area.Gold has not broken through 3400 after accelerating its rise, and the upper suppression effect still exists; currently gold is fluctuating in a narrow range below 3390, showing signs of stagflation to a certain extent. Therefore, the accelerated rise of gold is not for the short-term impact of 3400, but for a deep retracement, eliminating more scattered funds in the market by sweeping up and down.
So in the short term, I think it is difficult for gold to continue to break upward under the suppression of the resistance area near the short-term high of 3402, but to test the lower support area of 3375-3365 before breaking upward. So I have shorted gold as scheduled according to the short trading plan mentioned above, and aimed at the lower target area of 3375-3365.
At present, our short position has made a certain profit, but I still look forward to profiting from gold hitting TP! Let us look forward to gold falling back to the target area as expected!
GOLD: In-Depth Technical and Fundamental AnalysisGOLD: In-Depth Technical and Fundamental Analysis
In this video, I provide a detailed explanation of why Gold may resume its bearish movement, analyzing both fundamental and technical perspectives.
You May Watch The Video For Further Details!
Thank you!
XAUUSD Has Bullish Channel breakdown ahead selling strong📉 XAUUSD Alert – Ascending Channel Breakdown Incoming!
Gold is showing strong bearish momentum following a breakdown from the ascending channel on the 1H timeframe. A solid sell entry at 3325, right at the supply zone, is looking 🔥.
🎯 Technical Targets:
1st Target: 3280 – key support
2nd Target: 3250 – deeper support zone
Watch for price action signals around the retracement area for confirmation. Bears are stepping in with force! 🐻
🗣️ Like, Follow & Comment below 💬
📲 Join us for more live updates & smart setups!
— By Livia 😜💎
S&P 500, the technical battleground for JuneIn our April 15 analysis, we questioned the likelihood of a low point for the S&P 500 index based on technical analysis considerations. The VIX (the implied volatility of the S&P 500) also showed bearish technical characteristics (inverted correlation with the S&P 500), and indeed, the equity market offered a solid rebound against a backdrop of trade diplomacy.
With elements of technical overheating appearing in the short term, let's review the technical analysis signals to establish a diagnosis of the current situation in the US equity market.
To start with, you can reread our April analyses of the S&P 500 and VIX by clicking on the two images below.
1) Short-term technical overheating, but fundamental uptrend preserved above technical support at 5750/5800 points
The S&P 500 index has developed a bullish V-bottom rally since the beginning of April, and the global equity market even made a new all-time high last week.
The upward movement of the S&P 500 sees an alternation between bullish impulses and short-term consolidations/corrections, and this chart pattern is likely to repeat itself as long as trade diplomacy takes its course and as the market awaits the FED's next monetary policy decision next week. The daily chart suggests short-term technical overheating (small bearish price/momentum divergence, with momentum represented here by the RSI technical indicator). In any case, even if the market needs a breather in the short term, the underlying trend remains bullish above major support at 5700/5800 points, i.e. the bullish gap opened in mid-May and the 200-day moving average.
The chart below shows daily Japanese candlesticks for the S&P 500 future contract
2) In terms of retail investor sentiment, the reservoir of sellers has diminished, but remains well filled
The study of retail investor sentiment is part of contrarian analysis of financial markets, one of the disciplines of technical analysis of financial markets. Although the pool of sellers has shrunk, a significant proportion of retail investors are still doubtful about the recovery. This pessimistic sentiment among retail traders is an indicator that the recovery still has medium-term potential, as market peaks have always taken place amid retail investor euphoria.
3) On the quantitative side, watch out for a technical overbought situation in the short term
On the other hand, caution is called for in the short term, as the percentage of S&P 500 shares above the 50-day moving average (this tool here represents the quantitative side of the market) is approaching its overbought zone, a situation soon to be reversed from that of early April.
4) Institutional investors remain cautious ahead of the FED meeting on Wednesday June 18, while trade agreements are still pending
In conclusion, it is important to bear in mind that next week's fundamental highlight will be the FED's monetary policy decision. The market needs to know whether or not the FED will confirm two rate cuts between now and the end of the year. The FED will also be updating its macro-economic projections, and institutional investors are being cautious in the meantime, as shown by the CFTC's latest Commitment Of Traders report.
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Middle East Tensions Drive Gold Back to $3,400Today, after pulling back to around $3,340, gold broke through $3,380 and has since fluctuated in a narrow range of $3,370-$3,400. With the Middle East tensions escalating, Iran has stated that even if its current nuclear facilities are damaged, it will continue to build new sites and is determined to rebuild them to safeguard its security. Israel will by no means tolerate this, dimming the hopes of the Trump administration's peace initiative.
Short positions are now infeasible. Although rallies to new highs are often followed by pullbacks, the risk of wiping out accounts entirely makes shorting too dangerous.
We recommend gradually building long positions near $3,350-$3,370, setting stop-loss orders 10-15 dollars below the entry price to avoid heavy losses from major shifts in the situation.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
NQ Power Range Report with FIB Ext - 6/13/2025 SessionCME_MINI:NQM2025
- PR High: 21915.75
- PR Low: 21861.75
- NZ Spread: 120.5
No key scheduled economic events
Session Open Stats (As of 12:45 AM 6/13)
- Session Open ATR: 389.53
- Volume: 66K
- Open Int: 267K
- Trend Grade: Neutral
- From BA ATH: -4.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20383
- Short: 19246
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
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.
XAU/USD 4H Technical Analysis 13 June 2025Market Structure & Bias:
On the 4H chart, gold has broken out of a recent sideways range and formed a sequence of higher highs and higher lows. This “break of structure” (BOS) through the old swing high confirms a bullish bias.
Price action respects key support zones (demand areas) on retracements, suggesting underlying buying interest. The overall bias is bullish, driven by risk‐off sentiment. Support and resistance act as natural pause/reversal zones
For example, a demand zone/order block around ~3390–3400 (from the prior swing low) has been tested and held, fueling the recent rally.
Likewise, an imbalance (fair value gap) left below 3400 could attract buyers if price returns. We also note that a change of character (CHOCH) would occur only if price breaks below a higher-low; so far that has not happened.
In short, gold’s 4H market structure is bullish (higher highs/lows) and the trend looks set to continue upward unless a strong reversal forms. Key Levels (4H): We use classic pivot points to mark critical levels (using the last 4H high, low, close). Pivot points can project future support and resistance.
Based on recent swings, key levels are:
Pivot: 3424 (calculated from last bar’s H/L/C)
Support 1: 3413
Support 2: 3399
Support 3: 3374
Resistance 1: 3438
Resistance 2: 3449
Resistance 3: 3474
Price currently hovers just below R1. These levels align with congestion zones and Fib retracements (50–61.8% of the last $3290–3427 upswing), so expect active bidding near S1–S2 and selling around R1–R2.
Intraday 1H Trade Setups
Buy Zone ~3395–3405 (Bullish OB/Demand):
Entry: Long on dips into the order-block/demand area near 3395–3405 (just above S1).
Stop: ~3385 (≈$10 below entry zone).
Targets: TP1 ≈ 3438 (Resistance 1), TP2 ≈ 3450 (near R2).
Reason: This zone aligns with a prior institutional order block/demand and a 61.8% Fib retrace of the recent rally. Price has shown bounce here before, so a bullish reaction is likely.
Trigger: Look for a bullish reversal candle (e.g. bullish engulfing or pin bar) on 1H in this zone, or a market structure low (MSL) turning point. A break back above the high of that candle can serve as confirmation to enter.
Sell Zone ~3435–3445 (Bearish Retrace):
Entry: Short near resistance around 3435–3445 (just below R1–R2).
Stop: ~3455 (≈$10 above entry zone).
Targets: TP1 ≈ 3413 (Support 1), TP2 ≈ 3399 (Support 2).
Reason: This area is the upper end of the recent range. It contains a minor supply zone and the R1–R2 pivots. A liquidity sweep (stop-hunt) may occur above recent highs.
If price loses momentum here, expect a pullback.
Trigger: Watch for a bearish price action signal (e.g. a bearish engulfing candle or a double-top swing) on 1H. A break of the immediate lower low (lower than the last minor swing) would confirm a short-term change of character and signal entry.
Breakout Long ~3449+:
Entry: Long on a sustained break above R2 (≈3450). Confirm entry when price closes above 3449 on 1H.
Stop: ~3424 (just under the Pivot).
Targets: TP1 ≈ 3474 (Resistance 3), TP2 ≈ 3495+ (new highs).
Reason: A clean breakout of 3450 would indicate strong bullish order flow and trigger stop-run triggers. This would be a continuation trade in line with the 4H uptrend.
Trigger: A bullish candle closing above 3449 (ideally with above-average size) or a 1H break of structure (higher high over 3449) would signal entry.
Takeaway: Gold remains in a bullish 4H trend; focus on buying dips into demand zones and watch for clear candlestick triggers at support/resistance.
Chasing Oil Spikes? How Geopolitics Can Wreck SetupsOil prices surged over 12% in Asia on Middle East headlines, sparking a surge of volatility across safe-haven currencies and stock market futures during thin trade.
It felt like a good time to provide food for thought to newer traders looking to chase these moves, highlight the mockery geopolitics can make of technical analysis with recent examples, and provide a filter for when the waters may be safer to reenter.
Matt Simpson, Market Analyst at City Index and Forex.com
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.
Fib Analysis for VIX! FuturesAI Generated Thesis. (I'm Lazy)
# VIX Fibonacci Circle-Extension Analysis
## Core Methodology
**Fibonacci circles** (timing) + **Fibonacci extensions** (2.618, 3.618, 4.618) = High-probability reversal zones
**Key Pattern**: When VIX reaches extension levels while touching Fibonacci circle rings → **pullback before next target**
## Price Action Analysis by Level
### 2.618 Extension Level (~24-25 Area)
**Historical Behavior**:
- Strong initial rejection upon first touch
- Multiple tests with diminishing momentum
- **Ring Touch Response**: Sharp spike followed by 10-15% pullback
- **Confluence Action**: Price consolidates along ring perimeter before breaking higher
### 3.618 Extension Level (~27-28 Area)
**Historical Behavior**:
- Sustained momentum required to reach this level
- Price tends to "ride the outer ring" creating extended volatility
- **Ring Touch Response**: Volatile whipsaw action, testing both sides
- **Confluence Action**: Major pullback (20-25%) when extension meets ring boundary
### 4.618 Extension Level (~30+ Area)
**Historical Behavior**:
- Extreme volatility zone - market stress indicator
- Price action becomes erratic with large gaps
- **Ring Touch Response**: Parabolic moves followed by sharp reversals
- **Confluence Action**: Maximum pullback potential (30-40%) from peak levels
## Current Setup Analysis
### Present Position
- **VIX Level**: ~21.80 (approaching 2.618 zone)
- **Ring Status**: Moving toward outer ring boundary
- **Next Confluence**: First green line target approaching
### Three Critical Dates (Green Vertical Lines)
1. **Early June**: 2.618 extension meets ring - expect 10-15% pullback
2. **Mid June**: 3.618 extension confluence - potential 20-25% reversal
3. **Late June**: 4.618 maximum target - major pullback zone
## Trading Framework
### Entry Signals
- Wait for **ring touch** confirmation
- Enter on **pullback** from confluence zones
- Volume spike confirms ring interaction
### Target Sequence
1. **2.618 → Pullback → 3.618**
2. **3.618 → Pullback → 4.618**
3. **4.618 → Major Pullback → Cycle Reset**
## Key Insights
**"Pump on Ring Touch"** - VIX consistently spikes when approaching Fibonacci circle boundaries
**Dual Resistance** - Extension levels + Ring boundaries = Maximum reversal probability
**Progressive Pullbacks** - Each higher extension level produces larger pullbacks
**Time Precision** - Green vertical lines mark estimated confluence timing for optimal entries
## Bottom Line
This methodology provides precise timing for VIX volatility cycles by identifying when price extensions meet time-based resistance circles. The three upcoming confluence points represent the highest probability trading opportunities in the current cycle.
**Next Move**: Watch for ring touch near 2.618 level - pullback expected before continuation to 3.618 target.
Crude Oil DTF Technical & Fundamental AnalysisCrude Oil DTF Technical & Fundamental Analysis
Oil prices surged by 6–10% within minutes, with Brent and WTI recording the largest daily gains since May 2022. This spike followed Israel's airstrikes on Iran’s nuclear and military facilities, which reportedly killed senior commanders and scientists. Iran, which plays a top oil player and gatekeeper of the Strait of Hormuz—a passageway for nearly 20% of global oil supply—has declared a state of emergency, and any retaliation that threatens tanker movement or damages infrastructure in key Gulf nations (Saudi Arabia, UAE, Iraq) could push oil prices toward $120+/barrel as a risk premium is being priced in.
On the technical side (DTF): Price broke the major key support level at 67.00, followed by accumulation and heavy sell positioning. As expected, price hunted for liquidity and triggered sell-side stop losses. However, due to the sudden geopolitical news, price failed to break lower and instead spiked, breaking the next minor resistance level at 72.00, indicating a change of character.
Currently, we are watching for accumulation above the breakout, expecting a liquidity grab below the liquidity zone, then a move up toward distribution. Our area of interest lies at 73.40, after liquidity is formed and a minor key level is broken. Stop loss is set at 68.40 (below liquidity), and take profit at 84.20, the next minor key resistance.
Fundamental Outlook:
Middle East Tensions
-Israel launched airstrikes on Iran targeting nuclear and military sites (Tehran, Natanz, IRGC headquarters).
-Key IRGC generals and nuclear scientists reported killed.
-Iran declared a state of emergency and is expected to retaliate imminently.
Supply Risk – Strait of Hormuz
-Iran controls the Strait of Hormuz, a critical chokepoint for ~20% of global oil supply.
-Any military action or blockades here could immediately tighten global supply and trigger a surge toward $100–$120/barrel.
📌 Disclaimer:
This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
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.
XAUUSD Gold Trading Strategy June 13, 2025XAUUSD Gold Trading Strategy June 13, 2025:
Yesterday's trading session, gold prices increased sharply after accumulating at 3300 - 3340. In terms of fundamental analysis: the news of the "special situation" between Israel and Iran has greatly affected the crude oil market and investors' confidence in gold. At the beginning of today's trading session, gold prices are still increasing according to the main trend and are showing a correction, but we should wait for a short profit-taking wave to trade.
In the weekend trading session, we should limit trading and maintain trading principles to ensure safety.
Important price zones today: 3491 - 3496, 3471 - 3476 and 3395 - 3400.
Today's trading trend: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 3474 - 3476
SL 3479
TP 3471 - 3261 - 3451 - 3431.
Plan 2: SELL XAUUSD zone 3494 - 3496
SL 3499
TP 3491 - 3481 - 3471 - 3451.
Plan 3: BUY XAUUSD zone 3395 - 3397
SL 3392
TP 3400 - 3410 - 3430 - 3450.
Wish you a safe and profitable weekend trading day.🌟🌟🌟🌟🌟