GOLD ROUTE MAP UPDATEHey Everyone,
Great start to the week with our chart idea playing out to perfection once again!!
We started with our Bullish target at 3440 hit followed with no ema5 cross and lock confirming the perfect rejection, showcasing the accuracy of our levels. This rejection went onto hitting our Bearish target, followed with ema5 cross and lock opening 3393, which was also hit perfectly.
We will now look for ema5 lock below 3393 to open the swing range or failure to lock below will see the upper Goldturns tested again.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3440 - DONE
EMA5 CROSS AND LOCK ABOVE 3340 WILL OPEN THE FOLLOWING BULLISH TARGETS
3463
EMA5 CROSS AND LOCK ABOVE 3463 WILL OPEN THE FOLLOWING BULLISH TARGET
3483
EMA5 CROSS AND LOCK ABOVE 3483 WILL OPEN THE FOLLOWING BULLISH TARGET
3508
BEARISH TARGETS
3418 -DONE
EMA5 CROSS AND LOCK BELOW 3418 WILL OPEN THE FOLLOWING BEARISH TARGET
3393 DONE
EMA5 CROSS AND LOCK BELOW 3393 WILL OPEN THE SWING RANGE
3372
3353
EMA5 CROSS AND LOCK BELOW 3353 WILL OPEN THE SECONDARY SWING RANGE
3330
3306
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD trade ideas
Gold (XAUUSD) – Demand Zone Holding, Silver Leading BreakoutGold has respected its demand zone near $3,367–$3,382 and is attempting to bounce higher. Importantly, Silver (XAGUSD in pink overlay) is leading the upside move, having broken out cleanly above $37.00 and still climbing. This confirms the bullish momentum across precious metals.
Geopolitical tensions, dovish Fed commentary, and risk-off market conditions continue to favor a move toward $3,451, $3,471, and possibly $3,495.
🔍 Technical Breakdown (4H)
Support Zone: $3,367–$3,382 (retest of broken resistance)
Bullish Structure: Rising lows, trendline holds, and higher timeframe support remains intact
Projected Targets:
🎯 TP1: $3,451 (recent high)
🎯 TP2: $3,471 (key extension)
🎯 TP3: $3,495 (top of range)
Stop Loss: Below $3,351 (invalidates demand structure)
🪙 Silver (XAGUSD) Overlay Insight:
Currently at $37.11+, showing leadership in the breakout.
Suggests gold will likely follow through — watch for Gold catching up.
🧠 Macro & Fundamental Context (June 17)
Bullish Drivers:
🔥 Ongoing Middle East war escalation (Iran-Israel, US troop buildup)
🏦 Dovish Fed tone, soft retail sales, rate cuts expected from Sept
🧾 Silver strength confirming demand across metals
Risks:
☮️ Unexpected ceasefire headlines could cause knee-jerk pullbacks
📈 Hot inflation data or hawkish Fed rhetoric could pressure upside
📅 Key Events to Watch:
FOMC members' speeches this week
US Core PCE inflation print
War headline velocity — particularly involving shipping or direct US-Iran confrontation
🧭 Strategy Suggestion:
Tactical Buy on Rejection Wick from current demand zone
Watch Silver momentum — if it breaks $37.50+, gold likely catches up fast
Consider scaling out around $3,451–$3,471 with final target near $3,495
Best Free Volatility Indicator on TradingView for Gold Forex
This free technical indicator will help you easily measure the market volatility on Forex, Gold or any other market.
It will show you when the market is quiet , when it's active and when it's dangerous .
We will go through the settings of this indicator, and you will learn how to set it up on TradingView.
Historical Volatility Indicator
This technical indicator is called Historical Volatility.
It is absolutely free and available on TradingView, MetaTrader 4/5 and other popular trading terminals.
TradingView Setup
Let me show you how to find it on TradingView and add it to your price chart.
Open a technical price chart on TradingView and open the "Indicators" menu (you will find it at the top of the screen).
Search "Historical Volatility" and click on it.
It will automatically appear on your chart.
"Length" parameter will define how many candles the indicator will take for measuring the average volatility. (I recommend keeping the default number, but if you need longer/shorter-term volatility, you can play with that)
Timeframe drop-down list defines what time frame the indicator takes for measuring the volatility. (I recommend choosing a daily timeframe)
And keep the checkboxes unchanged .
How to Use the Indicator
Now, let me show you how to use it properly.
Wider the indicator and analyse its movement at least for the last 4 months.
Find the volatility range - its low levels will be based on the lower boundary of the range, high levels will be based on its upper boundary.
This is an example of such a range on USDCAD pair.
When the volatility stays within the range, it is your safe time to trade.
When volatility approaches its lows, it may indicate that the market might be slow .
Highs of the range imply that the market is very active
In-between will mean a healthy market.
The Extremes
The violation of a volatility range to the downside is the signal that the market is very slow . This would be the recommended period to not trade because of high chance of occurrence of fakeouts.
An upward breakout of a voliatlity range is the signal of the extreme volatility . It will signify that the market is unstable , and it will be better to let it calm down before placing any trade.
Volatility Analysis
That is how a complete volatility analysis should look.
At the moment, volatility reached extreme levels on CADJPY pair.
The best strategy will be to wait till it returns within the range.
Remember This
With the current geopolitical uncertainty and trade wars, market volatility reaches the extreme levels.
Such a volatility is very dangerous , especially for newbie traders.
Historical volatility technical indicator will help you to easily spot the best period for trading and the moment when it is better to stay away.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Could the Gold bounce from here?The price is falling towards the pivot which acts as a pullback support and could bounce from this level to the 1st resistance which is also a pullback resistance.
Pivot: 3,337.35
1st Support: 3,294.91
1st Resistance: 3,413.32
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GOLD H4 Update: Bulls will target 3600/3750 USD Market Update🏆 Gold Market Mid-Term Update (June 16, 2025)
📊 Price & Technical Outlook
Current Spot Price: around $3,414
Technical Setup
* Gold consolidating above major support at \~\$3,180–3,200
* Testing resistance at \~\$3,380–3,400; breakout could push toward \$3,600
* Recent price action considered a healthy consolidation with upside potential
🏆 Bull Market Overview
* Pullback likely complete; supported by strong geopolitical and macro tailwinds
* Key price levels: \$3,000 / \$3,200 / \$3,400 (resistance near \$3,400)
* Bullish target: \$3,600, with further upside possible if momentum holds
* Short-term dips remain buying opportunities—“buy the dip” remains favored
⭐ Recommended Strategy
BUY/HOLD: Continue to accumulate on dips, using \$3,200–3,300 as entry zones
Target: Maintain bull target at \$3,600, with breakout opportunity above \$3,400
🏦 Macro & Market Drivers
Fed & Central Bank Outlook
* Investors positioning for possible Fed rate cuts later this year, likely totaling around 75 bps by end of 2025
* Ongoing dollar weakness supports gold
Geopolitical Tensions
* Middle East unrest, U.S.–Iran dynamics, and global evacuations are fueling safe-haven demand for gold
* Continued volatility in global hotspots likely to keep gold elevated
Risk Appetite & Market Behavior
* Both stocks and gold are climbing—an unusual “optimism + fear” scenario
* Central banks, especially in China, India, and Turkey, have been strong gold buyers in 2025
* Speculative positions in gold futures remain high
U.S.–China & Trade Tariffs
* Unresolved U.S.–China tariffs and tensions continue to support gold
* Any easing in trade friction could temper gold’s advance
📰 Latest Market Sentiment
* Wall Street remains bullish on gold for the upcoming week, though some caution persists ahead of the upcoming Fed meeting
* Macro environment is seen as supportive for gold and other precious metals
* Gold’s rally is positively influencing the broader precious metals market
🌏 Demand Themes
* **Asian Buyers**: China may relax gold import quotas to manage currency, while India demand remains strong though can be seasonally slower
* **Central Banks**: Over 240 tonnes of gold added in Q1 by central banks, with China and India as top buyers
⚠️ Risks & Watchpoints
* Fed surprises: A more hawkish tone at the next meeting could push gold back toward \$3,200–3,300
* Geopolitical breakthroughs: Any stable resolutions could reduce safe-haven demand
* Large speculative position unwinds could create short-term volatility
🔎 Mid-Term Outlook Summary
| Scenario | Support | Resistance | Catalysts |
| --------- | ------------- | ---------- | ----------------------------------- |
| Base case | \$3,200–3,300 | \$3,400 | Rate cut expectations + geopolitics |
| Bull case | Above \$3,400 | \$3,600+ | Escalating risk, dovish Fed |
| Bear case | Below \$3,200 | — | Hawkish Fed, easing global tensions |
✔️ Final Take
* Technical and fundamental momentum supports a continued bull phase with key target at \$3,600
* Best strategy: accumulate on dips between \$3,200–3,300
* Key factors to watch: Fed’s next move (June 17), Middle East developments, U.S.–China trade actions, central bank buying
XAU/USD 2h chart pattern.I'm provided for XAUUSD (Gold Spot / U.S. Dollar) on the 2-hour timeframe, here's the analysis:
---
📉 Chart Pattern Insight
A clear ascending channel was forming.
Price broke below the lower trendline (highlighted in orange), signaling a potential bearish breakdown.
The price is currently retesting the broken trendline and starting to reject it — a bearish sign.
---
🎯 Target Levels Identified on Chart
You’ve marked two bearish targets with arrows:
1. First Target: Around $3,280
This aligns with a previous minor support area.
A reasonable short-term target after the trendline break.
2. Second (Deeper) Target: Around $3,245
Likely based on the full height of the channel projected downward (measured move).
This level could be the next major support.
---
📌 Summary:
Target Price Level Confidence
First Target ~$3,280 Medium-High
Final Target ~$3,245 Medium
---
Let me know if you'd like help setting stop-loss levels, trade management tips, or a risk-reward calculation based on your entry.
Gold Takes the Throne as Safe Haven AgainThe recent escalation in the Middle East — particularly Israel’s surprise strike on Iran — has stirred up significant volatility in global financial markets. Oil prices surged, stock markets around the world turned red, just as many had predicted. However, in a surprising twist, capital did not rush into the usual safe havens like the US dollar or Treasury bonds. Instead, it flowed decisively into gold.
In fact, US Treasury yields have soared from 3.98% in April to around 4.42% now. This surge doesn’t signal growing confidence — it reflects investor demand for higher returns to compensate for the rising risk of holding dollar-denominated assets.
Against this backdrop, gold is emerging as an “unshackled safe haven” — immune to political instability tied to fiat-currency-issuing nations. The precious metal is once again proving its value in times of global uncertainty.
Hanzo / Gold 30 Min ( Accurate Tactical Break Out Zones )🔥 Gold – 30 Min Scalping Analysis (Bearish Setup)
⚡️ Objective: Precision Breakout Execution
Time Frame: 30-Minute Warfare
Entry Mode: Only after verified breakout — no emotion, no gamble.
👌Bullish After Break : 3374
Price must break liquidity with high volume to confirm the move.
👌Bearish After Break : 3338
Price must break liquidity with high volume to confirm the move.
☄️ Hanzo Protocol: Dual-Direction Entry Intel
➕ Zone Activated: Strategic liquidity layer detected — mapped through refined supply/demand mechanics. Volatility now rising. This isn’t noise — this is bait for the untrained. We're not them.
🦸♂️ Tactical Note:
The kill shot only comes after the trap is exposed and volume betrays their position.
Gold price crosses $3,400 due to geopolitical uncertaintyGold price crosses $3,400 due to geopolitical uncertainty
On Friday, gold decisively broke through the $3,400 resistance zone, confirming a bullish wave. This upward movement was fueled by geopolitical tensions, as Israel launched an attack on Iran, followed by Iran’s retaliation targeting Tel Aviv. With the situation still unfolding, the potential for further escalation remains uncertain.
Technical Analysis: Gold continues to show strength, and uncertainty surrounding the Middle East conflict may keep its price above $3,400 for the foreseeable future. This level serves as a pivotal zone, despite overbought conditions.
Looking ahead, gold could climb further to $3,450, $3,470, and potentially retest the top of the structure near $3,490. After that, the next move will depend on how the geopolitical landscape evolves.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
XAUUSD Daily Outlook | June 23, 2025👋 Hello Gold traders!
We’re entering a new week with structure sharpening around key zones. Price is now hovering just below the decision shelf at 3385, and all eyes are on whether bulls defend structure — or bears trigger the first real trap. Let’s zoom in with pure Daily focus and zero noise.
🔸 DAILY STRUCTURE OUTLOOK
Gold remains in a clear bullish trend on the Daily timeframe, with the last confirmed Higher High at 3452. However, current price is in a retracement phase, testing the area just below the BOS and reacting to recent liquidity sweeps.
Despite rising USD pressure, the bullish structure remains intact unless a daily close breaks below 3315.
📌 Daily Bias: Bullish (retracement phase active)
🧭 Macro Context:
Heavy Fed week: Powell testifies Tue & Wed, Core PCE and Consumer Sentiment hit Fri.
USD may remain supported short-term, but gold still benefits from long-term inflation hedge + geopolitical risk flows.
🔹 STRUCTURAL KEY ZONES (D1)
Type Zone Confluences
🟢 Buy Zone #1 3320 – 3340 Daily OB, FVG base, EMA50 , structure HL defense
🔵 Buy Zone #2 3265 – 3285 Untapped OB + imbalance, deeper fib retrace
🟠 Flip Zone 3363 – 3385 Former BOS, FVG retest, minor liquidity shelf
🔴 Sell Zone #1 3405 – 3425 First sweep of equal highs, premium OB, FVG pocket
🔴 Sell Zone #2 3440 – 3460 Extreme bull trap: clean OB top, imbalance cluster
🎯 EXECUTION PLAN
🔍 Flip Zone is your battlefield — if bulls reclaim this zone cleanly, we may revisit 3405.
📉 3405–3425 offers the first sniper short opportunity: liquidity sweep + OB + FVG = prime short trigger.
📈 3320–3340 is the cleanest high-RR long zone — only enter if price reacts with strength and forms a rejection candle or bullish engulfing.
🧊 If 3320 fails, standby at 3265–3285 for a deeper correction entry backed by clean OB/FVG logic.
✅ SUMMARY & ACTION PLAN
Wait for confirmation at the Flip Zone — do not force direction.
Most precise sniper trades expected:
🔻 Sell from 3405–3425 → target Flip Zone
🔺 Buy from 3320–3340 → target 3385–3400
Only engage with clear OB reactions and strong PA confirmation — no bounce chasing.
💬 If this outlook gave you clarity, drop a 🚀 and a like to support the work — it helps more traders find it.
💡 Got feedback or want to ask something? Comment below — we read everything.
📌 Follow GoldFxMinds for high-precision sniper plans, every single day.
📌 Disclaimer: I'm part of Trade Nation's Influencer Program and receive compensation for using their charts on TradingView. This content is for educational purposes only.
— GoldFxMinds
DeGRAM | GOLD aim to test the lower boundary📊 Technical Analysis
● Hourly price is defending the channel’s lower half: three consecutive wicks bounced at 3 360, forming a descending flag whose base coincides with the dynamic support.
● OBV is edging higher while the flag narrows; a close above 3 408 would unlock the flag-measured move toward the upper rail / horizontal target at 3 444–3 450.
💡 Fundamental Analysis
● World Gold Council reports India’s jewellery demand rebounded 8 % w/w as monsoon concerns eased, while CME data show fresh 6 K-lot COMEX short-covering after the latest FOMC testimony tempered rate-hike talk.
✨ Summary
Long 3 360–3 380; flag break > 3 408 eyes 3 444 → 3 450. Bull view void on an H1 close below 3 343.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
"Gold’s War Cry: XAUUSD Eyes $3700 Amid Middle East Turmoil"PEPPERSTONE:XAUUSD
Gold is once again stepping into the spotlight as global markets reel from escalating geopolitical tensions. With President Trump confirming a full-scale U.S. airstrike on Iran’s nuclear facilities—Fordow, Natanz, and Esfahan—the world is bracing for potential retaliation and broader instability.
In times like these, gold doesn’t just shine—it roars.
📈 My Bias: Strongly Bullish
🎯 Targets:
- Primary: $3500
- Extended: $3700
These levels are not just technical aspirations—they’re grounded in the reality of rising global risk aversion, central bank accumulation, and a potential flight to safety as the Middle East teeters on the edge of wider conflict.
🔍 Key Technical Zone:
- $3341–$3352: This is my immediate area of interest. I expect a pullback into this zone on market open, which could offer a high-probability long setup.
- Break Below? If price slices through this zone, I’ll be watching the $3330–$3320 demand area for signs of absorption and reversal.
🧠 Macro Context:
- The U.S. strike marks a historic escalation, with Trump declaring the nuclear sites “completely and totally obliterated”.
- Iran’s expected retaliation could further destabilize the region, fueling safe haven flows into gold.
- Central banks remain net buyers of gold, and with inflation still lurking, real yields remain a key driver.
📊 Confluence Factors:
- Rising volume on bullish candles
- RSI holding above 50 on higher timeframes
- DXY showing signs of topping out
- VIX creeping higher—risk-off sentiment brewing
📌 Final Thoughts:
Gold is no longer just a hedge—it’s becoming a statement. In a world where headlines move markets, XAUUSD is poised to benefit from both fear and fundamentals. I’ll be watching price action closely at the open, ready to strike if the setup aligns.
HelenP. I Gold may correct to support zone and then rebound upHi folks today I'm prepared for you Gold analytics. After rebounding from the trend line, XAUUSD began to grow steadily within the rising structure, confidently pushing through local resistance and breaking above the previous support 2 area. This breakout was backed by strong bullish momentum, with the price clearly holding above the broken level, turning it into a support base. Following that surge, the price entered a short-term consolidation, trading within the upper boundary of the chart, just above the 3400 level. This area now acts as a crucial support zone, and the market is currently hovering slightly above it after a local peak. Given the strength of the recent impulse and the confirmation of previous resistance as support, I expect a brief correction to the support zone before a continuation of the bullish move. That’s why I set my current goal at 3470 points — the next potential resistance area where the price may encounter renewed selling pressure after the rally continues. 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.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Price moved well today sticking to the bias level and completing the first two TP levels we had shared. The path illustrated yesterday also worked well giving the move into the support level, then the bounce upside into resistance before then resuming the move.
With FOMC tomorrow we can expect any sharp movement to happen in the late session and Asia, otherwise the pre-event price action has begun, we have a range in play with resistance above at the 3395 level and support below 3355-60 which has been highlighted. The bias will stand for now but we're going to take a back seat.
Price: 3382
KOG’s Bias of the day:
Bearish below 3401 with targets below 3365, 3358 and below that 3350
Bullish on break of 3401 with target above 3410 and above that 3425
RED BOXES:
Break above 3395 for 3406, 3410, 3416 and 3419 in extension of the move
Break below 3378 for 3368✅ and 3355 in extension of the move
As always, trade safe.
KOG
GOLD → Risk zone 3340. Sell-off after rallyFX:XAUUSD , after breaking out of its accumulation phase, rallied towards the 3400 zone of interest, but failed to reach liquidity and reversed, selling off its gains due to economic uncertainty.
In my opinion, the market is unexpectedly subdued and has reacted very weakly to geopolitical problems in the Middle East. The market has digested the news of US airstrikes on Iranian nuclear facilities and is awaiting PMI data from the US and the eurozone, Fed statements, US GDP and other macroeconomic data. The uncertainty factor has done its job... Participants fear further escalation of the conflict, but so far Iran has refrained from taking drastic steps, which has reduced demand for gold as a safe haven asset. Geopolitics and macro statistics remain in focus.
Technically, gold is trading above 3340 (in the buy zone). A retest of the liquidity zone is possible, and if buyers keep the market above 3340-3350, the price may continue to rise.
Support levels: 3347, 3342, 3320
Resistance levels: 3366, 3396
On D1, the key level is the 3340-3347 area. At the moment, we are seeing a sell-off and a move to retest support. Accordingly, a false breakdown and price holding above 3340, followed by a change in character and a breakdown of the bullish structure, will hint at growth. But if the reaction at 3340 is weak and the market continues to storm this support, then in this case, the metal could drop to 3300
Best regards, R. Linda!
XAUUSD H4 Chart Pattern – Liquidity Grab Before Major Sell-Off📉 XAUUSD Bearish Setup | Smart Money Concept Analysis
Gold is currently trading within a clear range between strong supply and demand zones on the 4H chart. After multiple rejections near the resistance zone, price is likely to tap into the liquidity zone near 3,442.57, followed by a potential strong bearish reaction.
🧠 SMC Trade Logic:
Market structure is forming lower highs and lower lows after liquidity grabs.
Price is expected to take out short-term highs to collect buy-side liquidity near 3,442.57 (POI).
After tapping into the supply zone, we anticipate a sharp bearish move toward demand.
🔽 SELL ENTRY ZONE:
3,440 – 3,445
🎯 TARGET:
TP1: 3,280
TP2: 3,200
Final TP: 3,159.06
🛑 STOP LOSS:
Above 3,458 (Structure Break Invalidation)
⚠️ Risk Management:
Risk 1-2% per trade. Wait for bearish confirmation (e.g. bearish engulfing, break of internal structure) before entering.
🔖 Tags:
#XAUUSD #Gold #Forex #SMC #PriceAction #LiquidityGrab #SmartMoney #SupplyDemand #BearishSetup
📝 Notes:
Always trade with confirmation and discipline. This is not financial advice — just my personal analysis shared for learning and idea-sharing.
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.
GOLD[XAUUSD]: Breakthrough the bearish pressure, What next?Evening Everyone,
Hope you are doing great, price recently breakthrough the current price inducement, showing a strong bullish volume emerging in the market. Long term approach remain bullish ultimately taking the price towards the new high.
Good luck
Team Setupsfx_
XAU/USD Builds Bullish Momentum for Potential Upside MoveXAU/USD has formed a classic bullish flag pattern on the daily chart, indicating a continuation of the strong upward trend. After a sharp impulsive rally, the price consolidated in a downward-sloping flag, which has now been broken to the upside. This breakout signals renewed bullish momentum, supported by rising moving averages and price action holding above key support levels. The breakout candle shows strong volume and conviction, increasing the probability of further gains. As the market maintains its bullish structure, traders may look for continuation towards higher resistance levels in the coming sessions.
Entry Point: 3410
First Target: 3451
Second Target: 3530
GOLD (XAUUSD): Your Trading Plan Explained⚠️GOLD is currently at a crucial daily horizontal support level.
It is consolidating within a horizontal range on the 4-hour chart, showing a positive bullish reaction and testing the range's resistance.
A breakout above this resistance with a 4-hour candle close would signal strong bullish momentum, potentially leading to further gains, with the next target at 3437.
Conversely, a bearish breakout below the support could initiate a downward movement.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Although many were anticipating a strong move upside on the open, we stuck to our guns and the algo which gave us the bias level as bearish below. Although we wanted a little bit higher, this worked well today with nearly all our bearish below target being completed again in one day apart from the remaining 3380.
For this reason, we'll stick with the plan for now with resistance now being the 3406 level which if held can force us down further into the level given before a potential RIP. With FOMC around the corner, we can expect some choppy and ranging price action tomorrow so tread carefully on the markets if you're less experienced.
KOG’s bias of the week:
Bearish below 3465 with targets below 3425✅, 3420✅, 3410✅ and 3406✅
Bullish on break of 3465 with targets above 3477, 3485, 3492, 3495 and 3503
Red Boxes:
Break above 3435 for 3443, 3448, 3465 and 3476 in extension of the move
Break below 3420 for 3410✅, 3406✅, 3397✅, 3385✅ and 3380 in extension of the move
As always, trade safe.
KOG