XAUUSD trade ideas
XAUUSD:Short sell at 3340-45
Today's trading needs to narrow down the range. There are signs that the center of gravity below is gradually moving upward. During the Asian session, the highest point reached around 3343. Friends who have already bought short positions here can wait for 3320-25 to take profits and exit. Those who haven't bought can wait for 3340-45 to short, with the target also being 3320-25
Trading strategy:
SELL@3340-45
TP:3320-25
It can be considered to go long when it reaches around 3320-25
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Elliott Wave Analysis – XAUUSD Plan for June 26, 2025
🌀 Wave Structure
On the H1 chart, our previous plan anticipated price movement within green wave 3. However, the current price action lacks the sharp, impulsive characteristics typically seen in wave 3. Instead, the overlapping structure of minor waves suggests that we may not be in wave 3. This leads us to consider two primary scenarios:
🔹 Scenario 1 – abc Correction (black):
Price may be forming wave c (black). However, due to the overlapping nature of recent price moves, it is likely that wave c is developing as an ending diagonal (wedge).
➡️ Confirmation signal: A sharp, steep decline that breaks below the 3297 level would signal that wave c has completed.
🎯 Target zone for wave c: 3352 – 3356
🔹 Scenario 2 – Leading Diagonal in Wave 1:
The overlapping price structure could also be forming a leading diagonal (3-3-3-3-3) as wave 1. In this case, price is currently in wave 3 or 4 of this formation.
➡️ Once wave 1 completes, we expect a retracement to the 0.618 Fibonacci level of the entire wave 1 – forming wave 2.
🎯 Target zone for the end of wave 1: 3352 – 3356
📉 Momentum Analysis
Momentum plays a crucial role in determining which wave structure is unfolding.
D1 Timeframe: Momentum is turning upward from the oversold zone – indicating that the downtrend may be ending. This supports the scenario of a leading diagonal wave 1 and suggests we may see a sustained bullish move over the next 5 days.
H4 Timeframe: Momentum is preparing to reverse downward from the overbought zone. This is a key signal to monitor today, especially during tonight’s news events.
If price continues to move sideways within a wedge, it would support the leading diagonal scenario.
If price breaks down sharply, it would favor the abc correction scenario.
🧭 Trade Plan
🔻 Sell Zone: 3352 – 3355
⛔️ Stop Loss: 3362
🎯 Take Profit 1: 3333
🎯 Take Profit 2: 3323
📌 The market’s behavior during the U.S. session tonight will be critical in confirming the wave structure. Stay alert and ready to adjust the trade plan accordingly.
XAUUSD is still on Rising channel on D1H4 Timeframe Analysis
Gold is currently holding the falling wedge pattern on H1 & Rising wedge on D1 Today we have volume opening Gap on OANDA which is still pending.
Market is holding the Range of 3330-3380
What's possible scanarios we have?
if gold sustained with this falling channel and H4 remains above 3320-3330 then Before the US market, I think gold can still return to around 3350 then 3370.
On the otherhand if The H4 candle closes below 3320 buyying will be limited and market will again the rangbound 3290-3330
#XAUUSD
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
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Gold trend analysis and operation ideasPowell reiterated his hawkish stance at the hearing on June 26, emphasizing the lack of progress in inflation but hinting that the trade agreement may lead to a rate cut, making it clear that "the vast majority of FOMC members support a rate cut this year" and retaining the possibility of a 50 basis point rate cut, pushing up expectations for a rate cut in September to 74%. Policy expectations repeatedly supported the rebound of the US dollar index to the 106 mark to suppress gold prices, but low real interest rates still provide long-term support. Although Trump announced a comprehensive ceasefire between Iran and Israel on June 23, the terms of the agreement are asymmetric and the conflict continues - Israel launched air strikes on Iran's dAO ammunition depot, the US Department of Defense assessed that the strike would only delay the nuclear process for several months, and Iran suspended IAEA cooperation. Goldman Sachs warned that the escalation of the conflict may cause oil prices to soar to $85 per barrel, coupled with Israel's death threats against senior Iranian officials, the geopolitical risk premium continues to support gold prices.
The 4-hour technical pattern is repaired, the short-term moving average diverges upward, and the K-line stands firm on the moving average support and fluctuates upward. In the short term, pay attention to the breakthrough of the 3350 pressure level and the confirmation of the European and American market retracement. The daily price stabilizes at the 3300 support level, and the downward momentum is weakened. The overall pattern of fluctuations is maintained. Be vigilant about the short-term adjustment risk after continuous highs. In terms of operation, it is recommended to arrange short orders in batches in the 3347-3352 area, and strictly stop loss and take profit.
Operation strategy:
It is recommended to short gold when it rebounds to 3347-3352, with a stop loss at 3360 and a target of 3330-3320
This chart suggests a bullish bias in the medium term. This is a 1-hour candlestick chart for Gold Spot (XAU/USD) . The chart includes various Smart Money Concepts (SMC) annotations used by traders to anticipate price movements. Here's a breakdown of the key elements and what they suggest:
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### **Key Annotations & Zones:**
1. **CHoCH (Change of Character)**
* Located near the center of the chart around the 3,335–3,340 zone.
* Indicates a potential trend reversal from bearish to bullish.
2. **FVG (Fair Value Gap)**
* Same region as the CHoCH zone (3,335–3,345).
* A price imbalance where price might revisit before continuing upward.
3. **SSL (Sell-side Liquidity)**
* Highlighted below the current price (around 3,310).
* Denotes liquidity below a previous low where stop-losses from long positions may reside.
* Price could dip here to grab liquidity before heading higher.
4. **BSL (Buy-side Liquidity)**
* Marked near the top (around 3,395–3,400).
* A target area where stop-losses from short positions or breakout buy orders may reside.
---
### **Price Forecast Path (Dashed Arrows):**
* The forecast suggests a **short-term dip** into the **SSL zone**.
* Followed by a **strong bullish move**, possibly triggered after a liquidity sweep.
* The price is expected to return to the **FVG zone**, consolidate, and then push up toward the **BSL zone** at \~3,400.
---
### **Overall Interpretation:**
This chart suggests a bullish bias in the medium term. The trader anticipates:
* A brief decline to gather sell-side liquidity.
* A rally fueled by a CHoCH and FVG retest.
* An ultimate aim to target buy-side liquidity above the recent highs.
XAUUSD GOING LONG📊 CHoCH Spotted (LTF) – Market just broke structure bullish!
📈 Buyers are now in control.
🔻 Waiting for price to pull back into Demand Zone (last bearish candle before the push up).
🎯 Target: Supply Zone above
🛑 SL: Just below Demand Zone
🟢 Looking to buy the dip and ride the bullish wave!
XAUUSD 1H Analysis – Golden Point in SightPrice is currently making its way toward the Golden Point zone at 3365.120, aligning with the 0.786 Fibonacci retracement from the recent bearish leg. This area also coincides with a descending trendline, adding confluence for a potential reversal setup.
📍 Key Levels:
🔹 Resistance: 3365.120 (Golden Point / 0.786 Fib)
🔹 Support: 3302.571 (Target zone)
🔹 Swing High: 3393.776
🔹 Swing Low: 3295.200
🎯 Trade Idea:
Watching for a potential rejection from the 3365 zone to catch a short down to the 3302.571 area. Bearish confirmation required around the Golden Point before entry.
📌 This setup follows the HurricaneFx Signature Strategy.
CONTINUED GROWTH OR A BREAK DOWN?GOLD 4H TIMEFRAME
Currently on a major support level, if it breaks down at 3284, we can target these previous support levels at 3264 and 3250. Always wait for a retest before entering to confirm that it is not a fake out.
On the other hand, if this bounce and consolidate above 3350 levels, then we have a probability of a continued growth to 3400 and 3440. If the ceasefire got violated and FED hints of a rate cut, 3500 is not just a possibility, it can go higher and make new highs.
When entering trades look for opportunity on lower timeframes like M1, M5 and M15. When analyzing the general direction and bias, it's best to check high timeframes H1, H4 and D1.
Diamond Targets Loaded 🔱 XAUUSD Trade Setup 🔱
Timeframe: 30m
📈 Price is currently respecting the ascending channel with bullish momentum. We have a clear breakout target area identified.
🎯 Target Zones (Diamonds):
💎 Diamond 1 → 3340
💎 Diamond 2 → 3345
💎 Diamond 3 → 3350
🔻 Support Zone: 3330
💣 Treasure Miss (SL): 3328
Gold Breakout from Falling Wedge — Targeting 3383🟡 Key Observations & Technical Elements
1. Price Structure
The price has been range-bound within a rectangular blue box.
The range appears to be roughly between 3,340 and 3,400.
There was a previous downtrend indicated by the descending trendline inside the box.
2. Breakout Pattern
Price has broken above the descending trendline within the box (bullish signal).
The breakout seems confirmed by a higher low and higher high structure.
3. Support Zones
A strong support area is highlighted in red below 3,340, showing multiple bounces (demand zone).
Yellow box at the bottom shows a false breakout / liquidity grab before price reversed upward sharply.
4. Target
A target level of 3,383 is clearly marked, suggesting a bullish breakout expectation.
This is consistent with the width of the previous range being projected upward.
5. Indicators
Orange circles highlight key reversal or retest points: one at a resistance-turned-support, and another at a breakout retest.
6. Event Icons
Calendar/event icons (with U.S. flags) below the chart hint at upcoming U.S. economic data releases, likely to bring volatility.
---
📊 Technical Bias: Bullish
Breakout from descending trendline inside range.
Retest successful near 3,350 zone.
Higher lows forming within the range.
Target set at 3,383, slightly below previous highs.
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📌 Possible Trade Strategy
Entry: After confirmation of breakout and retest (currently done).
Target: 3,383 (as per the setup).
Stop Loss: Below the recent low around 3,345–3,350 zone.
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⚠️ Risks
The upcoming U.S. data events could invalidate this setup depending on surprises in the releases.
False breakouts are possible in tight consolidation zones like this.
Gold May Slightly Pull Back Around 3,350 USD📊 Market Overview
• Gold is currently trading around 3,340–3,345 USD/oz, supported by a weaker USD and lower U.S. yields, with 60 bps Fed rate cut expected by year-end, starting in September
• The Israel–Iran ceasefire has eased safe-haven demand, triggering a mild pullback, while support remains near 3,300 USD
📉 Technical Analysis
• Key resistance:
3,370 USD (short-term peak)
3,380–3,400 USD (prior highs)
• Nearest support:
3,300 (technical bounce zone)
Next at 3,275 (momentum weak)
• EMA:
Price trading below the 9-period EMA on H4, indicating a mild bearish/choppy short-term trend
• Candles/volume/momentum:
RSI & Stochastics near neutral suggest consolidation or minor retracement .
📌 Outlook
Gold may pull back to 3,300–3,320 if the USD rebounds or geopolitical tensions ease further. However, a Fed rate cut in September or renewed Middle East instability could drive prices back up to 3,370–3,400.
💡 Suggested Trade Plan
• SELL XAU/USD: at 3,365–3,370
o 🎯 TP: 3,345–3,340
o ❌ SL: 3,380
• BUY XAU/USD: at 3,300–3,310
o 🎯 TP: 3,320–3,330
o ❌ SL: 3,290
XAU BUY?XAUUSD Analysis (June 23, 2025)
Overall Bias: Cautiously Bullish. The immediate technical picture on the lower timeframes is bearish, but this is contradicted by an overwhelmingly bullish high-timeframe trend, explosive geopolitical catalysts, and potent astrological alignments pointing to a potential major move higher. The current dip appears to be a pullback before a potential expansion.
Macro-Context (US News & World News):
Fundamental Driver: The dominant factor is the severe escalation in the Middle East, with the US striking Iranian nuclear facilities. This is a classic "risk-off" event that triggers a flight to safety. Gold, as the ultimate safe-haven asset, benefits immensely from this level of geopolitical instability. This factor alone provides a powerful bullish undercurrent.
US Dollar (DXY) Analysis: The DXY is a conflicting factor. It has been weak for most of 2025 but has recently found support and is consolidating. A stronger-than-expected NFP report on June 6 and a Fed reluctant to cut rates are providing the dollar with some strength. Typically, a stronger dollar pressures Gold lower.
Conclusion: We have a direct conflict. A strengthening DXY is bearish for Gold, but a major war involving Iran is profoundly bullish. In this scenario, the fear and uncertainty from the geopolitical crisis are the more powerful, immediate driver. The macro bias is therefore bullish on Gold.
Risk Calculation:
Asset: XAUUSD
Bias: Bullish Reversal
Entry: Look for entry near $3,340 after a 5-minute bullish confirmation candle at the 0.5 Fib support level.
Stop Loss: Place SL below the key Fib level and the low of the confirmation candle, e.g., $3,325.
Risk: $15.
Take Profit (3:1 R:R): $3,340 + ($15 x 3) = $3,385.
XAUUSDTHE united state interest rate stands at 4.25%-4.5%
the US10Y open the day at 4.293% and closes 4.26% a significant drop from may high of 4.62%
the dollar index is heading to 96$ after open 97.611$ to close 97.313$.
Final GDP q/q
Actual: -0.5%
Forecast: -0.2%
Previous: -0.2%
The US economy contracted by 0.5% in the first quarter, worse than the expected 0.2% decline, indicating a sharper slowdown than anticipated.
2. Unemployment Claims
Initial Claims: 236,000
Forecast: 244,000
Previous: 245,000
Initial jobless claims fell by 10,000 to 236,000, lower than forecast and near historically low levels, suggesting that layoffs remain relatively subdued despite economic challenges.
3. Core Durable Goods Orders m/m
Actual: +0.5%
Forecast: +0.1%
Previous: +0.2%
Core durable goods orders, which exclude transportation, rose 0.5% month-over-month, beating expectations and signaling some resilience in business investment.
4. Durable Goods Orders m/m
Actual: +16.4%
Forecast: +8.6%
Previous: -6.3%
Total durable goods orders surged 16.4%, a strong rebound following a prior decline, indicating a pickup in demand for long-lasting manufactured goods.
5. Final GDP Price Index q/q
Actual: 3.7%
This measure of inflation in the GDP deflator remains elevated, reflecting persistent price pressures in the economy.
Summary of Market Implications:
The larger-than-expected GDP contraction signals economic weakness, which could increase expectations for accommodative Fed policy.
The drop in initial jobless claims supports the view that layoffs are limited, but rising continuing claims suggest some labor market softness ahead.
Strong durable goods orders point to underlying business investment strength, providing a mixed but cautiously optimistic outlook.
Elevated inflation as shown by the GDP price index keeps inflation concerns alive.
Overall, the data presents a complex picture of a slowing economy with pockets of resilience and ongoing inflationary pressures
the interest rate remains 4.24%-4.5% ,the bond market remain weak on fiscal policy challenges and pending rate outlook.
the 10 year bond yield is trading around 4.291% -4.26% and edge lower from fundamental outlook.
gold on ascending trendline connecting April till June and found support at 3312-3314.
buyers during newyork session will build momentum on technical to bridge 3350 supply .
break below 3311-3314 will heading to my demand floor .
XAUUSD eyes potential bearish batOn the 4-hour chart, XAUUSD stabilized and rebounded in the short term. Currently, we can pay attention to the upper resistance near 3382.5. After it reaches that level, we can pay attention to the potential bearish bat pattern. At the same time, this position is in the previous supply area.
Gold Short Term OutlookYesterday, we noted that gold needed to close and hold above the $3,330 resistance to open the path toward $3,346 and potentially $3,375.
Since then, price rejected the intraday support and is now trending above the $3,330 level.
Currently, the 50MA is acting as dynamic resistance. A clean break above it could trigger a move toward $3,346 and possibly higher resistance zones.
However, if bullish momentum fades, price may drop back toward the key support area, where buyers could look to step in again.
🔑 Key Levels:
Resistance:
$3,330 • $3,346 • $3,361 • $3,375
Support:
$3,306 • $3,287 • $3,271 • $3,242