Gold is Nearing an Important Support!!Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3,360 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 3,360 support and resistance area.
Trade safe, Joe.
XAUUSD trade ideas
Potential bearish drop off major support?The Gold (XAU/USD0 has broken out of the pivot which acts as an overlap support and could drop to the 1st support which has been identified as an overlap support.
Pivot: 3,374.04
1st Support: 3,341.44
1st Resistance: 3,398.38
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 XAUUSD 30M | Trendline Breakdown & Bearish Target at $3310Gold (XAUUSD) is respecting the descending trendline on the 30-minute timeframe with multiple rejections confirming the bearish structure.
The downtrend remains intact unless price decisively breaks above $3,370. A potential downside target near $3,310 remains in focus.
Ichimoku Cloud indicates selling pressure with resistance from the Kumo. Watch for price action confirmation near $3,342 support and $3,370 invalidation level.
Disclaimer: This is not financial advice. Trade at your own risk.
THE KOG REPORT - Update End of day update from us here at KOG:
Well, we actually did want higher but there was no break above, instead, we got the break below and then the move commenced overnight, most of which we missed. We did capture part of it on the tap and bounce, then another trade now on a RIP from lower Excalibur which was hit. Not bad, not amazing, just another day on the markets.
Now, we have support at the 3310-6 level with resistance at 3330 which could be the target over the sessions to come. As long as support holds, we'll hold as well.
As always, trade safe.
KOG
XAUUSD-Bearish Outlook and Price StructureA bearish outlook for gold (XAUUSD) on the 1-hour timeframe, with a bias toward the 3,100 area, targeting the highlighted demand zones.
Price-Movement Structure
We observe a three-wave corrective pattern that appears complete at the 3,494.98 high. Key observations:
- **Wave (A)** : Initial correction from the major low.
- **Wave (B)** : Complex sideways consolidation.
- **Wave (C)** : Extension to new highs, creating liquidity.
The current price action suggests potential institutional distribution at the highs. I am expecting a drop to approximately 3,349.94.
However, fundamentals such as interest rates, dollar strength, and geopolitical risks remain key drivers of bullish optimism.
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
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the markets with our chart idea playing out, as analysed!
Yesterday we started with our Bullish target at 3440 hit, followed with no EMA5 cross and lock, confirming the perfect rejection and showcasing the accuracy of our levels. This rejection went on to hit our Bearish target, followed by EMA5 cross and lock opening 3393, which was also hit perfectly.
🔄 Update:
After testing 3393, we got the EMA5 cross and lock, opening the swing range. The first level was tested perfectly and gave the bigger bounce. Let’s see if it completes the full swing back to 3393, or if it goes for the full swing test below.
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 gives 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 ranges give bigger bounces than our weighted levels - that's the difference between the two.
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 - DONE
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
XAUUSDExpecting price to open and decline a bit to then buy possibly for the rest of the week. Looking for Bulls to take over for as long as price respects the lows below after Monday headings candle formation the direction might be validated. If not right after Mondays open and low. If not then we might expect the opposite direction.
GOLD : Be Careful Of This Clear Bearish PatternGOLD : Be Careful Of This Clear Bearish Pattern
Israel and Iran's air war entered a second week and European officials sought to draw Tehran back to the negotiating table.
Stock markets ticked higher on Friday while oil skirted close to its biggest daily drop since April after President Donald Trump pushed back a decision on U.S. military involvement in the Israel-Iran conflict.
The U.S. is now giving itself two weeks and maybe some diplomatic opening window there to resolve the situation in Iran
European shares rose on Friday after declining for three straight sessions, as a stall in the United States' involvement in the Middle East conflict helped soothe investor concerns.
The foreign ministers of Germany, France and Britain plan to hold nuclear talks with their Iranian counterpart on Friday in Geneva, a German diplomatic source told Reuters.
The pause on GOLD price is related to the news above. we should be careful because if they reach any agreement gold can fall aggressively as long as it didn't manage to rise more.
Don't forget that the big trend is bullish but remains manipulated and also effected too much by the news
✅PS: GOLD has a bearish scenario from all perspectives. I wouldn't say sell it because it's very risky, but you can consider this scenario if you have long positions.
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❤️
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 : 3412
Price must break liquidity with high volume to confirm the move.
👌Bearish After Break : 3372
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.
Hanzo / Gold 30 Min ( Accurate Tactical Break Out Zones )
Today's gold trading strategy, I hope it will be helpful to youRecent geopolitical tensions remain high, particularly in the Middle East where conflicts between Israel and Iran continue to generate new developments. Earlier this week, Iran was hit by an Israeli airstrike, a piece of news that instantly triggered a sharp rally in gold prices, pushing the metal to an intraday high of $3,450 per ounce. However, subsequent news of peace talks eased market risk aversion, causing gold to retreat rapidly. By June 18th, the price had dropped to $3,380 per ounce, with a daily volatility exceeding 2.7%.
Generally, geopolitical conflicts influence gold prices for 3 to 15 days, and when tensions ease, 50% to 70% of the conflict-driven rally tends to retrace. For example, during the Russia-Ukraine ceasefire talks in October 2024, gold prices fell from $2,789 to $2,650 per ounce, a 5% retracement. Although the geopolitical situation has not further deteriorated, as long as tensions persist, gold remains susceptible to sudden price swings triggered by breaking news.
In the 4-hour chart, the Bollinger Bands are narrowing, while the MACD indicator continues to operate below the zero axis in a bearish crossover, with green bars expanding—indicating a clear short-term bearish trend. Notably, the RSI indicator is currently in the oversold zone, suggesting potential for a price rebound. In terms of support and resistance levels, the lower support can be referenced at $3,340 per ounce, while the upper resistance focuses on $3,380 per ounce. A break above $3,380 may trigger a rebound, whereas a drop below $3,340 could lead to further declines.
Today's gold trading strategy, I hope it will be helpful to you
XAUUSD sell@3370~3380
SL:3390
TP:3360~3350
XAUUSD Broken from ascending channel with big bearish candle📉 XAUUSD (Gold) Technical Breakdown – 1H Time Frame
Gold has broken down from the hourly bullish channel and is showing strong selling pressure.
💥 Sell Entry: 3365
🎯 Targets:
1️⃣ 3345
2️⃣ 3323
3️⃣ 3295
Bearish momentum is building—watch these levels closely for potential moves.
📊 Like, Follow, and Comment 💬
🚀 Join us for more live trade ideas and updates!
By Livia 😜
Gold-----sell near 3393, target 3380-3366Gold market analysis:
Yesterday, gold was basically a repeated shock, the K line was repaired at one position, and buying and selling were back and forth around the M side of the suppression platform 3405. Yesterday, our analysis was completely in line with our expectations. Yesterday, we also repeatedly arranged 5 sell orders, arranging 3382 break sell, 3387 sell, 3393 sell, 3382 sell, 3377 sell. Today's idea is to continue selling. The daily line cannot determine the bottom of this wave of decline. There are data in European and American time today. I think we can rely on the 3405 platform to be bearish before the data. If 3405 breaks, we adjust our thinking to be bullish. Otherwise, we can sell repeatedly. Gold is oscillating in the short term. Try not to chase it and wait for it to rebound and suppress the position to sell. In addition, the daily moving average suppression position of the moving average is 3396-3363, which is also the main reason for its repeated game at this position. The weekly buying momentum is not dead yet. Be cautious of its rocket in the second half of the week.
In today's Asian session, we will first focus on the suppression of 3395. The risk of taking more is relatively large. The low point below is not stable. The Asian session fell to 3370 and rebounded quickly. From the perspective of the pattern, 3372-3366 is the support. The suppression position of the 1H hourly moving average is near 3395. Yesterday's US session rebounded at around 3396, and the hourly K suppression position was 3400. All the above are suppressed. In addition, the opening position today is also near 3393.
Pressure 3393, 3400, 3405, support 3382, 3370, and the watershed of strength and weakness in the market is 3382.
Fundamental analysis:
In the previous fundamentals, we have been paying attention to geopolitical factors. The situation in the Middle East has indeed changed the way gold and crude oil are traded. Today we focus on the monetary policy of the Federal Reserve, and there is also a speech by Chairman Powell during the US session.
Operation suggestions:
Gold-----sell near 3393, target 3380-3366
Choppy Gold Action Hides a Bigger Drop on Weekly Chart?After Monday’s correction, Gold continued lower – but the drop has been extremely choppy, making swing trading nearly impossible in this environment.
🔄 Short-term vs. Weekly Picture
On the 1H chart, price action is messy and directionless. However, the weekly chart tells a clearer story – which is not bullish at this moment.
❗ Let’s not rush into the “new ATH” narrative
Last week, I pointed out around the 3360 zone that we may get a rise above 3400. That move happened – but it seems more driven by Middle East tensions than by any structural strength in Gold itself.
📉 Why I’m leaning bearish on higher timeframes at this moment:
• This week’s price action almost fully negates last week’s strong green candle
• A close near the bottom of the range could form a Dark Cloud Cover pattern – a strong bearish signal
• Unless we see a reversal above 3400, downside remains the higher probability
📌 Next Target?
If the weekly close confirms this bearish setup, a drop to 3150 is not only possible – it’s becoming likely.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAU/USD Reversal Signal Bullish Momentum: Targeting 3337The XAU/USD 15-minute chart indicates a strong bullish reversal after price action bounced from the key support zone near 3302. A clear breakout from the descending channel signals that bearish momentum has faded. Price is now trading above the Ichimoku cloud, reinforcing the shift in short-term sentiment. This move is supported by strong bullish candles and rising momentum, suggesting buyers have regained control. The price has also broken a key intraday resistance level, opening the door for further upside. The projected move targets the upper resistance zone around 3377, as marked on the chart. With favourable risk-to-reward and confirmation from technical indicators, this setup aligns well with a bullish intraday trade.
Entry Point: 3330
Target Point: 3377
XAUUSD-Mapping the Last Wave of the Current Bull CycleI expect gold to be entering the final bullish wave of its current long-term cycle, with an ultimate target in the $3,900–$4,050 range.
However, the first major resistance lies between $3,600 and $3,700, where I expect a potential pullback.
From there, a healthy correction toward $3,300–$3,400 is likely.
If strong buying momentum steps in at that support zone, we may see gold continue its rally toward the final target.
Key Risk Level:
Pay close attention to the $3,300–$3,400 support.
If gold fails to hold above it, and closes decisively below, this could signal that $3,600 was already the final top of this bull cycle.
XAUUSD H4 Bullish Pullback Before Major Sell Zone ReactionGold (XAUUSD) is currently reacting from a strong H4 demand zone after an extended bearish move. Price is expected to pull back toward the selling zone marked around 3,440, which acted as major supply earlier.
This setup aligns with Smart Money Concepts — where price first collects liquidity from demand before a potential distribution from supply.
📍 Trade Setup Idea:
Buy from Demand Zone: 3,300 – 3,315
Target Zone (for rejection): 3,440 – 3,455
Stop Loss for Buy: Below 3,290
Watch for Short Entry at Selling Zone after rejection confirmation
🧠 SMC Concepts in Play:
Liquidity Sweep
Break of structure → Pullback → Mitigation
Selling pressure expected from previous imbalance area
⚠️ Risk Note:
Wait for bullish confirmation at demand before entering long, and bearish confirmation before selling from the top.
🔖 Tags:
#XAUUSD #Gold #H4Chart #SmartMoney #LiquidityGrab #ForexAnalysis #SMC #PriceAction #SupplyDemand #ForYou
GOLD → Attempt to buy back the fall. Uncertainty factorFX:XAUUSD is falling within our expectations. After breaking through the trigger-level of 3340, the price fell to the liquidity zone of 3306. There is uncertainty in the market...
Gold is rising after a false break of support at 3300-3306, interrupting a three-day decline amid a weakening dollar and ongoing tensions in the Middle East. Investors are cautious due to the unstable truce between Iran and Israel, while the decline in USD/JPY after the Bank of Japan's statements and the rise in PPI in Japan are further supporting demand for gold. Powell's comments on the need for caution in monetary policy only temporarily strengthened the dollar. Now the market is focused on US housing data and the second day of Powell's speech
Technically, the price may consolidate at 3306-3347 for some time and only then show us (against the backdrop of the fundamental sentiment that has formed) which direction it will then take
Resistance levels: 3347, 3364, 3372
Support levels: 3319, 3307
The market is trying to buy back the decline. Tuesday's daily session closed with a long shadow, indicating interest in this price range. A pullback to 3320-3310 is possible before growth to 3340-3347.
Best regards, R. Linda!
XAUUAD Reversal Setup Short Trade Opportunity Below Resistance Current Price: 3,327.56 USD
Entry Point: 3,332.67 USD
Stop Loss: 3,342.45 USD
Take Profit Levels:
Target 1 (Downside): 3,294.45 USD (-1.17%)
Target 2 (Upside): 3,393.78 USD (+1.50%)
🔧 Technical Indicators & Tools
Trade Line: Upward sloping trendline connecting higher lows, supporting recent bullish structure.
Moving Averages:
Red: Short-term (likely 50-period EMA)
Blue: Long-term (likely 200-period EMA)
Price is still trading below the long-term MA, suggesting broader bearish pressure.
Resistance Zone: 3,334.96–3,341.30 — a key supply area marked in purple.
Support Zone: 3,294.45 — identified as a previous demand level.
⚖️ Risk-Reward Analysis
Short Setup:
Entry: 3,332.67
Stop Loss: 3,342.45 (Risk ~10 USD)
Target: 3,294.45 (Reward ~38 USD)
R:R Ratio ≈ 1:3.8, which is favorable for a short trade.
📌 Summary
Bias: Bearish intraday
Setup Type: Short-sell at resistance zone
Confirmation: Price rejection or bearish candle near 3,334–3,342 zone
Invalidation: Break and close above 3,351.06 (upper resistance)