GOLD trade ideas
GOLD 45MIN GOLD ,LONDON SESSION reporting on gold price movement shows cool off from Friday rally while keeping bias bullish.
the Asians open on sell from 3500 ALTH (BREAK OF STRUCTURE AT 3451-3450) ,when buyers returns today we have used that level as supply roof for 16th june 2025) and that level have held buyers and took out over 400pips and could do more from that bearish fall.
but 3393-3400 will be watched by London gold traders who will weigh the risk on that demand floor ,if they accept it, we win on that level, if they reject it, we still win because we sell on break of demand floor to target 3375-3370 floor
3375-3370 will be London last hope before we head into newyork time where we will experience extreme volatility in trading.
XAUUSD: June 16 Market Analysis and StrategyGold technical analysis
Daily chart resistance 3500, support below 3338
Four-hour chart resistance 3470, support below 3419
One-hour chart resistance 3450, support below 3428-19
Gold news analysis: Last Friday, the further intensification of the geopolitical situation in the Middle East promoted the rise of risk aversion sentiment. Spot gold once broke through $3446, setting a new high in two months. This wave of rise was driven by multiple factors, including the weak inflation data in the United States last week, which further strengthened the market's expectations of the Fed's interest rate cut, thereby increasing the attractiveness of gold. On Monday, gold prices are still likely to continue to benefit from risk aversion and are expected to challenge the 3500 mark in the short term. In addition, this week's market will also be affected by the Fed's resolution and Powell's speech. Investors should pay attention to the potential impact of the Fed's policy trends on gold prices. It is worth noting that US President Trump will visit Canada from June 15 to 17 to attend the G7 Leaders' Summit. The speech during the summit may also cause gold price fluctuations, which needs to be paid attention to.
Gold operation suggestions: From the current trend analysis, the support below focuses on the four-hour support 3419 and the one-hour support 3428. The pressure above focuses on the suppression near the daily level 3500. The short-term long-short strength and weakness watershed 3419 is the first-line barrier. Before the four-hour level does not fall below this position, continue to maintain the rhythm of buying on dips and look to 3500.
Buy: 3419near SL: 3414
Buy: 3428near SL: 3423
Gold price is sure to make ATH in the new weekGold confirms a long-term uptrend. The ATH 3500 zone is likely to have a reaction before 3490.
Any pullback in Gold next week is still considered a good opportunity to Buy Gold. And the bullish price gap is likely to continue on Monday.
3495 and 3345 are accumulated with many people waiting to Buy there, setting up a Buy signal with SL 10 price at the weekly support and resistance zones.
The possibility of breaking ATH next week is very high
Support 3393-3345
Resistance 3490
Gold closed strong bull weekly candleGold closed strong bull weekly candle.
gold manage to close a solid weekly candle that manage to cover most of previous wick highs that showing a strong indication that it wants to reach its ATH as first destination which is accordance to fibo from the latest bearish movement of 3403 to 3295.
Bias is Bullish.
However, in the current daily line chart. we are at 3-point touch of resistance. which also indicate a very strong point of resistance.
1st scenario is I foresight gold will continue its climb towards 3500 or even closer to it to cfm its direction. if breaks above 3500 means gold will head towards 2.618 of fibo.
2nd scenario, if gold did not manage to break the 3500 ceiling, possibility for a trendline support retest as previous the weekly trendline was able to be broken however due to fundamental of trade war tariff its bounce back making it as a fake out.
my plan for next week.
1. I will still focus to look for buys, however I will only scalp position. means if I identify a support area to buy with a clear confirmation of fresh breakout target with a 50pips 1st tp 50% and 100pips 25% and balance B.E. for every setup.
2. I will wait for a confirmation of sells setups nearer to its resistance. if a strong and clear rejections appear in smaller tf shall i take that trade with the same principals and target as it makes sense to sell high.
at the current no trader is wrong to buy or sell as we are in at the most volatile area that a minute candle goes as much as 100pips. only money management that will keeps us alive. A self reminder to me as well. All the best traders. may it'll be a fruitful week ahead for all of us.
GOLD Will Move Higher! Long!
Please, check our technical outlook for GOLD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 3,423.03.
Considering the today's price action, probabilities will be high to see a movement to 3,467.03.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GOLD/USD Bullish Breakout ConfirmationGOLD/USD Bullish Breakout Confirmation 🚀📈
📊 Technical Analysis Overview:
The chart illustrates a bullish breakout above a well-defined resistance zone around $3,390–$3,400. Price action has decisively closed above this resistance, suggesting strong bullish momentum.
🔍 Key Observations:
🟦 Support Zone:
Marked clearly between $3,250–$3,280, this level has held firm multiple times (highlighted with green arrows and orange circles), confirming buyer interest and market structure.
🟦 Resistance Turned Support:
The previous resistance zone around $3,390–$3,400 has now potentially turned into a new support. Price retesting this zone and holding would further validate the breakout.
📈 Future Projections:
The chart anticipates a retest-pullback-continuation scenario:
Pullback to new support 📉
Bullish continuation toward $3,460+ 🎯 if support holds.
✅ Bias:
Bullish as long as price remains above the $3,390 zone. Break and hold below would invalidate the bullish setup.
📌 Strategy Tip:
Look for confirmation on the lower timeframes (e.g., bullish engulfing or pin bar) on the retest before entering long.
GOLD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for GOLD below:
The price is coiling around a solid key level - 3367.9
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 3379.6
Safe Stop Loss - 3360.8
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
The reason why gold was suddenly sold off
💡Message Strategy
Market dehydration news:
1. On Wednesday, the Federal Open Market Committee (FOMC) maintained a stable stance on interest rates, maintaining them in the target range of 4.25% to 4.5%. The Fed expects to implement two rate cuts this year, but policymakers expect inflation to rise. They also lowered their outlook for gross domestic product (GDP).
2. After the Fed's decision was released, the spot gold price fell sharply from the level near $3,396 per ounce; during Powell's speech, the gold price accelerated its decline, once falling to around $3,362 per ounce.
3. Powell said that the current policy stance is ready for flexible response, "At present, we are in a good position to wait for more information about the possible direction of the economy before considering adjusting policies."
4. Powell pointed out that the Fed needs to further understand the current situation before considering adjusting monetary policy. He said that given the continued changes in trade, fiscal and regulatory policies, the Fed needs more time to assess their impact on the economy.
📊Technical aspects
On the 1H chart of gold, gold fell back from a two-month high, hitting a new low in a week, and the short-term trend is biased towards adjustment.
For the upper pressure of gold, pay attention to the intraday high point of gold price rebound at 3380-90 US dollars, which is also near the 5-day moving average of the daily line. Secondly, pay attention to the integer position of 3400 US dollars, which is also the high point of gold price rebound on Wednesday. For further strength, pay attention to the upper track of the daily Bollinger band at 3425 US dollars;
For the lower support of gold, pay attention to the intraday low of 3355-60 US dollars, which is the middle track position of the daily Bollinger band and near the weekly MA5 moving average. The 5-day moving average golden cross turns down, the MACD indicator is close to forming a slight dead cross, the KDJ indicator dead cross slows down, and the RSI indicator dead cross turns up. The short-term technical aspect shows that there is a risk of correction in gold prices.
💰Strategy Package
Short Position:3390-3400,SL:3410,Target: 3370-3360
Long Position:3355-3365,SL:3345,Target: 3380-3390
XAUUSD Drop to daily support?XAUUSD After testing the daily resistance market has managed to reject with a momentum to daily 20ema early today. As we can see series of lower low and lower highs, price may continue to drop to daily 20ema again as, from weekly perspective we can see that price is pushing down to potentially to weekly key level of resistance.
XAUUSD EXPECTATIONS UPSIDE MOVES🔍 Key Observations:
1. Current Price: 3353
2. Previous Demand Zone / Order Block:
The area between 3347–3354 is a clear H4 order block/demand zone, which price has tapped multiple times and is currently reacting from.
3. Support Confirmation:
This zone has acted as a support multiple times in the past.
Price wicked below it but immediately pushed back above → indicating buyer interest.
4. Market Structure:
Price made a higher high near 3445.
Now it's making a retracement or pullback into the order block zone.
If this zone holds, we could see a reversal to the upside.
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🔮 Expectations:
If 3347–3354 holds:
Expect a bounce back up toward 3375, 3400, and possibly 3440+.
ZIG ZAG MOTION 15MINS, FRAMECHARTSThe GOLD pair has been on a move for 3 days now, with a ranging pattern within a channel around the price timeline between 3300+ and 3400 reacting to a firm line of resistance on an overall uptrend, as usual, I expect the price to break either of these levels before we look for trading opportunities.
NOTE: Please note that this is not financial advice, but rather an educated and speculative view of the expected outcome. Therefore, trade responsibly.
Gold holds above key zoneAfter breaking the major resistance at 3,392 USD — a level that had been rejected multiple times in the past — XAUUSD is undergoing a slight pullback to retest the newly established support. The bullish reaction in this area suggests that buyers are still in control of the trend.
In the current context, U.S. retail sales have fallen more than expected, reinforcing expectations that the Fed may cut interest rates soon. This puts pressure on the dollar and benefits gold.
The primary scenario is a bounce from the current support toward the next resistance area near 3,481 USD. The 3,392 USD level has now become a key support to sustain the ongoing bullish structure.
XAUUSD Elliotwaves update: Is wave 4 complete?On our previous view we were expecting a wave c to the upside that will complete wave B of higher degree. It looks like wave B is completed with an ending diagonal. Now what I am anticipating is price to drop to complete wave 4 in higher degree. However, if wave 4 is complete then the move up might be a leading diagonal for wave 1 of 5. But all in all the the current bias is to the downside and therefore to take advantage of the move to the downside one should find areas where price will find resistance for a possible sell opportunity.
Gold----Buy near 3417, target 3440-3450Gold market analysis:
The continuous bombing of Israel and Iran for several days has allowed gold to stand on 3400 again. The big tombstone before the weekly line was wiped out, and the weekly line closed with a big positive line again, and formed a positive-enclosing-negative pattern. This is the long-term rebound caused by geopolitical factors. There is an old saying in the market that cannonballs are always worth a lot of gold. We are not sure how long the situation between Iran and Israel will last, but what is certain is that the buying situation is obvious. The next operation is to follow the buying. I estimate that gold will continue to rise this week. In addition, under such fundamentals that control the market, we must strictly carry out each order with a loss. The market will not change the trend because you resist the order. Following the trend is the kingly way.
In the Asian session, we first focus on the hourly support of 3417 and the shape support of 3419. The position of 3417 is also the watershed of strength and weakness in the short term. If it breaks, it will reach around 3407. In addition, 3451 is the top of the daily line. There was a dive at this position before. If the daily line cannot stand on it for a long time, there is also the possibility of another dive. 3407 is a hurdle in the big cycle. If it breaks, it may bring a waterfall drop.
Support 3417, strong support 3407, suppression 3451, the watershed of strength and weakness in the market is 3417.
Fundamental analysis:
There are many fundamental analyses and data in the recent period. Geopolitical factors are the main reason for its violent fluctuations. In addition, there is a holiday in the United States this week, and there is also a Federal Reserve interest rate result.
Operation suggestion:
Gold----Buy near 3417, target 3440-3450
GOLD - WAVE 5 BULLISH TO $3,622 (UPDATE)Gold moving perfectly, according to our bullish analysis which I posted for you all last week. Gold been bullish for a technical perspective for a while, now we're seeing the elite push out the fundamental factor of the Israel attack on Iran, to help Gold keep moving up.
Gold is still within a 'Bullish Accumulation' phase, hence why it's not moving up very strong. Bare in mind, we are in the FINAL WAVE 5 bullish move on a HTF, so we can experience choppy price action.
The latest gold operation strategyTechnically, 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. Two major support levels need to be monitored this week: 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, stop loss at 3407, and target 3440-3460
XAU / USD 4 Hour ChartHello traders. Happy Monday and welcome to a new trading week. I marked my area of interest on the 4 hour chart. I am just looking for potential scalp trades, and I can see both buy and sell set ups forming. I am watching as gold carves out it's paths over the first few days of the trading week. I think this week is going to have some big moves. Let's see how the next 4 hour candle closes and at that point we will be closer to Pre NY volume. Big G gets a shout out. Be well and trade the trend.
XAU/USD(20250617) Today's AnalysisMarket news:
Trump: The United States may still intervene in the Iran-Israel conflict. If Iran launches an attack on the United States, the United States will "fight back with all its strength on an unprecedented scale." Iran and Israel should reach an agreement.
Technical analysis:
Today's buying and selling boundaries:
3419
Support and resistance levels:
3486
3461
3445
3394
3378
3353
Trading strategy:
If the price breaks through 3445, consider buying in, the first target price is 3461
If the price breaks through 3419, consider selling in, the first target price is 3394