XAUUSD 📅 June 18, 2025
Chart Title: “Gold's Battle at the Midpoint – Compression Before Explosion”
Bias: Neutral-to-Bullish
Structure: Ranging with Bullish Channel
✳️ Technical Summary:
Gold continues to coil near the upper half of its multi-month structure, testing traders’ patience before a potentially explosive move. Current PA is forming a tight consolidation right beneath mid-channel resistance, suggesting a directional breakout is imminent — especially with the FOMC catalyst ahead.
📏 Key Chart Features:
Clear Rising Channel: Acting as medium-term trend guide
Major Consolidation: Identified around 3,330–3,380
Historical Boxes & Reaction Lows: Multiple orange circles show clear buying interest zones
Possible Long-Term Range: Defined between 3,123 and ATH zone (3,500)
EMA Support: Price currently holding both 15 & 60 EMAs
📈 Scenarios to Watch:
🔼 Bullish Breakout Path:
Trigger: Break and close above 3,400
Confirmation: Follow-through above consolidation +full body close
TP1: 3,460
TP2: ATH retest around 3,500–3,540
SL: Below 3,320 or lower trendline
Invalidation: Break below channel
🔽 Bearish Breakdown Path:
Trigger: Breakdown below 3,325 support
First Target: 3,250
Expansion Target: 3,123 – base of the macro range
Extreme Bear Target: 3,000 zone
SL: Above 3,400
Consolidation Zoom in:
#Xauusd #Gold #Trading #MJtrading #forex #Chart #chartanalysis #signal #freesignal
Note
Looks Good, A fake breakout from consolidation, reaching channel line... Now heading up...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.