GOLDCFD trade ideas
Price recently broke down from a descending wedge.📊 Gold (XAUUSD) – 1H Chart Analysis
Structure Overview:
Price recently broke down from a descending wedge/consolidation pattern after forming lower highs and lower lows — a classic sign of bearish pressure building up.
🔻 Bearish Breakout in Play:
The sharp move down through the wedge's lower boundary suggests strong momentum to the downside. This aligns with the previous rejection from the top of the falling channel.
🔮 Potential Scenarios:
1. Bearish Continuation (Primary Bias):
If price sustains below the wedge support and fails to reclaim the breakout zone, we could see a further decline toward lower support levels (as shown in the downward arrow).
Watch for possible reactions at 3350 → 3345 → 3340 zones.
2. Bullish Fakeout Recovery (Alternative):
If price quickly reclaims the broken trendline and forms a bullish engulfing or breakout structure, it could invalidate the breakdown, signaling a possible reversal and rally back up toward 3380+ (as indicated by the upward projection).
⚠️ Key Levels to Watch:
Support: 3350 / 3345 / 3340
Resistance: 3365 / 3380
Zone of interest: Retest of wedge breakdown area
📌 Insight:
The market has broken below the daily bullish FVG CE level, further supporting the bearish bias — but retests can trap sellers, so remain flexible.
Gold is stubborn1. Gold hit my Stop loss
2. The market is still on a support zone, multiple liquidity grabs have occurred.
3. A diamond pattern on the M15
4. At the CMP, the market is mostly Bearish.
5. Waiting on the market to come back up, FOMC @20:00EST Time
6. Trusting your analysis when it might go sideways, gives you a mental edge
Gold (XAUUSD) potential continuation buysGold (XAUUSD) is showing a bullish setup, bouncing off a key demand zone within a rising channel, which suggests a possible move higher. But with tensions rising between Iran and Israel, there's a chance we could see sudden spikes as investors look for safe-haven assets. On top of that, the upcoming FOMC statement and interest rate decision could bring heavy volatility and sharp moves in either direction.
Gold Eyes New Highs Amid Ongoing UptrendGold continues its upward trend. On the daily, weekly, and monthly charts, the price remains within the trend structure.
On the hourly chart, a strong consolidation pattern has formed. I expect a breakout to the upside toward previous highs, with potential for a new all-time high and a move toward the $4,000/oz zone.
I'm going long at the current level.
Stop-loss is placed below yesterday's low.
Waiting for the rally!
GOLD/USD Bearish Rejection at ResistanceGOLD/USD Bearish Rejection at Resistance 📉🟥
🔍 Technical Analysis Overview:
The GOLD/USD chart shows a clear bearish rejection pattern forming near the resistance zone around $3,450, marked with red arrows. After price tested this level twice, strong selling pressure appeared, resulting in a sharp decline.
📌 Key Observations:
🔴 Resistance Zone:
Price was rejected from the resistance area around $3,450 twice, indicating strong seller presence.
Double top-like behavior seen with lower highs confirming weakening bullish momentum.
🟠 Support Zone:
A well-respected support level near $3,250 has been identified based on past reaction (highlighted with orange circles).
Price previously bounced twice from this zone, validating it as a strong support level.
🎯 Target Level:
A near-term target of $3,305.586 is marked, which aligns with previous reaction zones and short-term structure support.
If momentum continues, a deeper push toward $3,250 support is probable.
📉 Bearish Bias Justified By:
Clear rejection from resistance
Lower high formation
Current consolidation with downward bias
Possible breakout to downside if $3,305 fails to hold
⚠️ Risk Note:
If price retraces and breaks back above $3,400 with volume, the bearish setup will be invalidated.
📊 Conclusion:
The chart favors bearish continuation with a primary target around $3,305, and extended downside to $3,250 if bearish pressure sustains. Traders should watch for bearish confirmation patterns below current price before engaging.
🔽 Resistance: $3,450
🔼 Support: $3,250
🎯 Target: $3,305
Technical Analysis on Gold Trading TrendsGold maintained a mild intraday downward trend, with the price currently hovering around $3,381 per ounce. As tensions in the Middle East persist, gold is awaiting the Federal Reserve's resolution to gain a clear direction.
With risk sentiment stabilizing, gold prices fell in early Wednesday trading, moving away from the $3,400 per ounce threshold. Amid lingering geopolitical tensions between Israel and Iran, all eyes are focused on the Federal Reserve's policy announcement, which is expected to trigger sharp volatility in gold prices. Investors need to closely monitor the Fed's policy guidance, the trend of the U.S. dollar, and the latest developments in the Middle East situation.
In the long term, the low-interest-rate environment and global economic uncertainties will continue to enhance gold's attractiveness, but short-term volatility may intensify. It is recommended that investors exercise caution when trading. In addition, the initial value of the U.S. May annualized building permits and the U.S. May annualized new housing starts will be released on this trading day, which investors should also pay attention to.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
GOLD 3HR OANDA Unemployment Claims Data Context
Forecast: 246,000
Previous: 248,000
The weekly initial jobless claims report is a key indicator for the Federal Reserve, signaling the current state and momentum of the U.S. labor market.
Fed Interpretation: Greater Than Forecast
Indication: A figure above 246,000 suggests the labor market is softening more than expected.
Fed Response:
The Fed would view higher-than-forecast claims as a sign of rising layoffs and potential weakening in employment growth.
This outcome increases concern about the durability of the economic expansion and may raise the likelihood of future interest rate cuts, especially if the trend persists.
The Fed would likely emphasize caution in its policy statement and may signal greater willingness to ease policy if labor market weakness continues.
Fed Interpretation: Less Than Forecast
Indication: A figure below 246,000 signals a stronger-than-expected labor market.
Fed Response:
The Fed would interpret lower-than-forecast claims as evidence that the labor market remains resilient, with fewer layoffs and ongoing job creation.
This outcome reduces the urgency for immediate rate cuts and supports the case for holding rates steady, especially if inflation remains above target.
The Fed is likely to maintain a cautious, data-dependent stance, awaiting further evidence before considering policy changes.
Federal Funds Rate Decision Outlook
Expected Outcome:
The Federal Reserve is widely expected to hold the federal funds rate steady at 4.25%–4.50% during the June 18, 2025 meeting.
Supporting Factors:
Inflation is moderating but remains above target.
Labor market data, including unemployment claims, shows stability without overheating.
Economic uncertainties, including trade policies, encourage a cautious approach.
Market Odds:
There is a near 100% probability of no rate change today, with markets focusing on the Fed’s forward guidance and economic projections for clues on future rate moves.
The Federal Reserve is expected to maintain the current federal funds rate range of 4.25%–4.50%, reflecting a balanced approach amid moderating inflation and steady labor market conditions.
Market participants will closely watch the FOMC statement, economic projections, and press conference for any shifts in tone that could influence future rate expectations and market volatility.
GOLD 1HRUnemployment Claims Data Context
Forecast: 246,000
Previous: 248,000
The weekly initial jobless claims report is a key indicator for the Federal Reserve, signaling the current state and momentum of the U.S. labor market.
Fed Interpretation: Greater Than Forecast
Indication: A figure above 246,000 suggests the labor market is softening more than expected.
Fed Response:
The Fed would view higher-than-forecast claims as a sign of rising layoffs and potential weakening in employment growth.
This outcome increases concern about the durability of the economic expansion and may raise the likelihood of future interest rate cuts, especially if the trend persists.
The Fed would likely emphasize caution in its policy statement and may signal greater willingness to ease policy if labor market weakness continues.
Fed Interpretation: Less Than Forecast
Indication: A figure below 246,000 signals a stronger-than-expected labor market.
Fed Response:
The Fed would interpret lower-than-forecast claims as evidence that the labor market remains resilient, with fewer layoffs and ongoing job creation.
This outcome reduces the urgency for immediate rate cuts and supports the case for holding rates steady, especially if inflation remains above target.
The Fed is likely to maintain a cautious, data-dependent stance, awaiting further evidence before considering policy changes.
Federal Funds Rate Decision Outlook
Expected Outcome:
The Federal Reserve is widely expected to hold the federal funds rate steady at 4.25%–4.50% during the June 18, 2025 meeting.
Supporting Factors:
Inflation is moderating but remains above target.
Labor market data, including unemployment claims, shows stability without overheating.
Economic uncertainties, including trade policies, encourage a cautious approach.
Market Odds:
There is a near 100% probability of no rate change today, with markets focusing on the Fed’s forward guidance and economic projections for clues on future rate moves.
The Federal Reserve is expected to maintain the current federal funds rate range of 4.25%–4.50%, reflecting a balanced approach amid moderating inflation and steady labor market conditions.
Market participants will closely watch the FOMC statement, economic projections, and press conference for any shifts in tone that could influence future rate expectations and market volatility.
Part 3/4 Gold
1. Wars]
– Gold jumped $200 after Russia invaded Ukraine (Feb 2022)
– War in Gaza (Oct 2023): gold gapped up again
– Risk of China–Taiwan, India–Pakistan, NATO–Russia all remain
– Terrorism spikes = 10–20% gains in hours (example: 9/11)
2. Interest Rates]
– Lower rates = weaker dollar = stronger gold
– 2024: ECB cut 4x, FED 3x, BoC 5x
– 2025: more cuts expected
– Gold fell –15% in 2022 when rates rose — the inverse will now boost it
3. Central Banks Buying]
– 2023: 1,037t added
– Trend continues in 2024–25
– China diversifying away from USD
4. Inflation]
– Gold protects against loss of fiat value
– $1000 in gold (2014) = $1500 in 2024
5. China’s Role]
– #1 consumer of gold
– Jewelry demand: 2,168 tons in 2023
– Insurers now allowed to invest in bullion (potential $27.4B inflow)
Conclusion: Everything aligns. BUY Gold. Long-term target: $5000
Is gold (XAUUSD) building up for a possible push higher?With the economic data sets, which we are getting and will be getting this week, all eyes on gold, and its possible move to the all-time high. Apart from this, the geopolitical tensions are also something that is fueling gold demand. But what are the technical saying? Let's take a look.
TVC:GOLD
FX_IDC:XAUUSD
Let us know what you think in the comments below.
Thank you.
77.3% 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. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
Gold hovers at high levels as the market awaits FOMCOn Tuesday (June 17), spot gold once reached above $3,400 during the Asian session, then fell slightly during the European session, and maintained a high-level volatile trend during the session. Earlier on Monday, gold recorded its largest single-day drop in a month (1.4%). After the sudden outbreak in the Middle East and US President Trump's warning to Tehran, the market's risk aversion demand heated up again, pushing gold prices to rebound in the Asian session. The two-day interest rate meeting of the Federal Reserve has also become a top priority for the market.
Fundamentals
Tensions in the Middle East have heated up again. According to Reuters, Israel's air strikes on Iran's state-run TV station, Iran's threats to launch the most violent missile attack in history, and the fire of three oil tankers near the Strait of Hormuz have caused market concerns about the escalation of geopolitical conflicts. US President Trump left the G7 summit early and convened a national security meeting, which increased market risk aversion.
At the same time, ETF holdings increased significantly. Data showed that ETFs increased their holdings of gold by 136,000 ounces on the previous trading day, and the net purchase volume has reached 6 million ounces this year, reflecting that funds still have strong confidence in the future of gold. SPDR Gold ETF even recorded a single-day net inflow of $285 million last Friday, the largest in weeks.
In terms of the US macroeconomics, the market generally expects the Fed to keep interest rates unchanged this week, but the focus is on Powell's speech and changes in the dot plot. As expectations of further rate cuts in 2025 heat up, the US dollar is still under pressure close to a three-year low, and analysts believe that this will form a structural support for gold in the medium term.
Technical aspects:
The gold daily candlestick chart shows that the current trend is in a typical "rising wedge" pattern. Prices have been steadily rising along an upward trend line this year, while the upper side is suppressed by strong resistance in the 3450-3500 area. The current market is in a wait-and-see state.
There are obvious signs of Bollinger Bands closing, with the upper Bollinger track at $3440.63, the middle Bollinger track at $3317.51, and the lower track has moved up to around $3194.38, reflecting that the market is brewing a breakthrough. The current price is basically running between the upper and middle Bollinger tracks, indicating that it is still in a bullish structure, but once it falls below the middle Bollinger track or the lower edge of the wedge (about $3,330), it may trigger accelerated downside risks. The RSI indicator remains at 55.79, neutral to strong, and has not entered the overbought area.
Comprehensively judged, the analysis believes that the short-term trend is in consolidation, and be alert to the risk of technical reversal. If the support of $3,330 is lost, further downside space will be opened; on the upside, it needs to break through the pressure range of $3,450 before trying the previous high of $3,499.83.
Market sentiment observation
The current gold market sentiment is in a "highly sensitive" stage. On the one hand, risk aversion once pushed gold to rebound rapidly, reflecting that the market has a very high pricing sensitivity to geopolitical risks; on the other hand, traders are still uncertain about the outlook for the Fed's policy, and the expectation that interest rates will remain unchanged has been fully priced in, but there are large differences in the future path of interest rate cuts.
The weak rebound of the US dollar shows that the market does not fully agree with the logic of "hawkish stability maintenance". This contradictory sentiment has caused gold to fluctuate at a high level and has not yet formed a trend breakthrough. The continued increase in ETF holdings provides substantial buying support for gold, which constitutes the optimistic support of the "underlying logic".
In addition, the market is still waiting for the FOMC meeting to release new signals. This "uncertain outlook" constitutes a typical "cautious optimism" market psychology. Traders are more likely to adopt a wait-and-see strategy, further amplifying the importance of technical signals.
Outlook for the future
Bullish outlook: Analysts believe that if the geopolitical situation continues to heat up or the Federal Reserve releases dovish signals, gold is expected to break through the $3,450 resistance area and challenge the previous high of $3,499.83; by then, the momentum of ETF holdings and safe-haven inflows will jointly promote a new round of bullish market.
Short-term outlook: Analysts believe that if the FOMC meeting results are hawkish or Powell sends a signal that he will not cut interest rates, coupled with the easing of risk aversion in the market, gold may fall back to the key support area of $3,330. If it loses this position, it will form a trend reversal signal, with the target down to the lower Bollinger track of $3,194, or even lower.
Overall, the analysis believes that gold is still running in an upward trend structure, but volatility is compressed, and the short-term direction needs to wait for clear signals from the Fed meeting. Traders are closely watching the changes in the Fed's monetary policy and geopolitical situation, while being alert to the risks of "false breakthroughs" and sharp pullbacks. FX:XAUUSD ACTIVTRADES:GOLD PYTH:XAUUSD PYTH:XAUUSD CMCMARKETS:GOLD
Gold Spot / U.S. Dollar (XAU/USD) 4-Hour Chart4-hour candlestick chart displays the price movement of Gold Spot (XAU) against the U.S. Dollar (USD) from late June to mid-July 2025. The current price is $3,385.30, with a slight increase of $0.66 (+0.02%). The chart highlights a recent upward trend, with a resistance level around $3,420.58 and a support level near $3,370.10, as indicated by the shaded zones.
XAU/USD 17 June 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Following previous high, and printing of bearish CHoCH, price has pulled back to an M15 supply zone, where we are currently seeing a reaction. Therefore, I shall now confirm internal high.
Price is now trading within an established internal range.
The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price.
As per my analysis dated 22 May 2025 whereby I mentioned price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe despite internal structure being bearish.
Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback.
Intraday Expectation:
Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,451.375.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
GOLD BULLISH OUTLOOK📊 Gold Market Analysis – Bullish Outlook Developing
In yesterday’s market, we observed gold take out a key lower liquidity in the 3370s range. This liquidity sweep typically indicates the clearing of weak hands and positions the market for a potential reversal or continuation of a larger trend.
Following this move, gold has begun to establish a bullish trend stance, as the market structure shows signs of strength and renewed buying interest. The rejection of the 3370s level suggests that buyers are stepping in aggressively, potentially setting a solid foundation for an upward move.
From a technical perspective, this positions gold for a potential climb toward the 3440s, which serves as a short- to mid-term target. If the bullish momentum continues to build — particularly if it’s supported by favorable macroeconomic data or weakening in the U.S. dollar — we could see price action surge above the 3440s, opening up further upside potential.
This developing bullish scenario has been highlighted and discussed in the analysis. Traders and investors should monitor key support and resistance levels closely, as well as any macro developments that could reinforce or challenge this upward trajectory.
6.17 Gold Trend after the Big Drop6.17 Gold Trend after the Big Drop
Yesterday, gold continued to fall after rising, and the bulls lacked effective momentum to fight back. During the US trading session, the geopolitical risk aversion sentiment temporarily eased and accelerated the break, making it more difficult to rise in the short term.
In addition to the current decline in oil prices and gold prices, the conflict between Iran and Israel may end with one side kneeling down and surrendering. If this happens, the current gold price will continue to fall.
The current technical side shows that the hourly moving average tends to flatten, and yesterday's low of 3383 has become a key support level. The opening rebound touched the 3403 line and then fell under pressure again, proving that this area is a range of fluctuations between long and short watersheds.
If it cannot stand above 3400 before the opening of the US market, the bears will rely on the moving average to launch a new round of offensives, with the lower targets of 3375 and 3360.
If there is no good news at present, it is recommended to rebound high short strategy.
Thank you for your attention, I hope my analysis can help you.