GLD Swing Trade Setup – 6/18 $320 Call for 5–10 Day Breakout Mov🟡 GLD Swing Trade Setup – 6/18 $320 Call for 5–10 Day Breakout Move
📅 Trade Date: June 4, 2025 | 📈 Timeframe: 5–10 Day Swing
🎯 Playing a bullish continuation with defined risk & strong confidence
🧠 Multi-Model Consensus
Model Bias Strategy Strike Entry PT SL Confidence
Composite Mod. Bullish Long Call 320 1.68 2.52 0.84 75%
🔎 Technical & Sentiment Overview
Weekly Chart: Price > EMAs, clean bullish MACD crossover
15-min Chart: Consolidating near $311–$313 support, breakout forming
Sentiment: Bullish news tailwinds (gold demand, USD weakening)
Max Pain: $308 = short-term pullback risk
Implied Volatility: Stable with limited crush risk
Options Flow: Moderate OI build in $313–$325 calls, upward bias
🎯 Trade Setup – Long GLD Call
Instrument: GLD
Direction: CALL (LONG)
Strike: $320.00
Expiry: 2025-06-18
Entry Price: $1.68
Profit Target: $2.52 (50% gain)
Stop Loss: $0.84 (50% loss)
Size: 1 contract
Entry Timing: Market open
Confidence: 75%
⚠️ Risk Management & Considerations
🛑 SL Discipline: Exit if premium drops to $0.84
🕒 Time Stop: Exit within 7–10 days if trade stagnates
🔁 News Risk: Watch for economic releases and dollar strength reversals
⚖️ Support Check: Must hold $310.50 zone on M15 chart
✅ Trade Thesis Summary
With GLD holding bullish structure on higher timeframes, models show strong agreement on upside continuation. We're targeting the $320 breakout with a controlled-risk weekly option.
Commodities
GOLD REVERESED! Looking for the breakout!We got some news Tuesday that shifted the direction of the pullback and now looking like we might just break out. if we can make it above yesterdays highs and closed on the H4 then I think it will be safe to look for higher levels. but if it breaks down from here then we could still see it reach for Liquidity. We just have to be patient in waiting for price to show its hand.
WTI Oil H1 | Overlap support at 61.8% Fibonacci retracementWTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 61.52 which is an overlap support that aligns close to the 61.8% Fibonacci retracement.
Stop loss is at 59.60 which is a level that lies underneath a multi-swing-low support.
Take profit is at 63.76 which is a multi-swing-high resistance.
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Losses can exceed deposits.
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Ascending triangle on gold: $3,280 or $3,560 next? Gold has climbed following softer-than-expected US economic data, which has strengthened speculation for at least two Federal Reserve rate cuts this year. ADP employment figures showed just 37K new jobs, well below the 111K forecast.
President Donald Trump, posting on Truth Social, called on “too slow” Fed Chair Jerome Powell to cut rates immediately.
The repeated tests of the $3,400 level suggest that selling pressure at this zone could be weakening. Lower interest rates tend to support gold prices, as the metal offers no yield. However, a daily close below the recent swing low of $3,280 would undermine the pattern.
Bullish continuation?The Gold (XAU/USD) has bounced off the pivot and could potentially rise to the 1st resistance.
Pivot: 3,348.00
1st Support: 3,285.23
1st Resistance: 3,436.17
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.
The latest gold trend analysis strategy on June 4:
1. Analysis of core driving factors
Short-term bearish factors
The dollar rebounded: the US dollar index rebounded from a 6-week low, suppressing gold prices.
Risk sentiment warmed up: risk assets such as stocks rose, weakening safe-haven demand, and some longs took profits and left the market.
Medium- and long-term bullish support
Geopolitical risks (no progress in the Russian-Ukrainian conflict, escalating Sino-US trade frictions)
Federal Reserve dovish expectations
US fiscal deficit expansion (long-term weakening of US dollar credit, good for gold)
Key event guidance
Friday's non-agricultural data: If the employment data is weaker than expected, it may strengthen the Fed's expectations of rate cuts, which is good for gold; on the contrary, if the data is strong, the US dollar may rebound and gold will be under pressure.
2. Technical key signals (1-hour chart)
✅ Moving average system: 1-hour MA5/MA10 golden cross, short-term trend is bullish.
✅ Key support: 3333 (strong rebound after Tuesday's pullback, long defensive position).
✅ Key resistance: 3370-3380 (if broken, it will go up to the 3400 psychological level).
⚠️ Risk warning: If it falls below 3350, it may fall back to the support zone of 3330-3320, and we need to be alert to the weakening trend.
III. Today's gold trading strategy
1. Main strategy: long on pullback (follow the trend)
Ideal entry point: 3320-3325 (intervene after confirming support after falling back).
Stop loss: below 3310 (to prevent false breakthroughs).
Target: 3370-3380 (first target), look at 3400 after breaking through.
2. Secondary strategy: short on rebound (cautious operation)
Trigger condition: the price touches 3380 for the first time and there is a stagflation signal (such as a long upper shadow line, MACD top divergence).
Stop loss: above 3385 (strict risk control).
Target: 3360-3355 (quick entry and exit).
4. Change signals that need to be paid attention to
Break above 3380: It may accelerate to 3400, and short orders should be avoided.
Falling below 3340-3350: Be wary of a waterfall-like plunge and pay attention to the support area of 3330-3320 below.
Non-agricultural outlook: ADP data on Thursday may trigger fluctuations in advance, and it is recommended to deal with it with a light position.
5. Summary and suggestions
Overall thinking: The short-term trend is still bullish, but we need to be wary of the risk of callback brought by the rebound of the US dollar.
Best opportunity: Wait for a retracement to stabilize near 3320 and then buy low and buy more, and avoid chasing the rise.
Risk control: Strictly stop loss, reduce positions before non-agricultural data to prevent data shocks.
Potential bearish drop?WTI Oil (XTI/USD) has rejected off the pivot and could drop to the 1st support.
Pivot: 63.35
1st Support: 59.48
1st Resistance: 6.25
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.
USOIL:tay long
USOIL: The short-term objective trend is oscillating. In terms of momentum, the MACD indicator is above the zero axis, showing a top divergence, indicating that the upward momentum is weakening. In the first two trading days, the overall rhythm trend was alternating between primary and secondary, and it is expected that the intraday crude oil trend will still maintain the probability of shock upward, so maintain the long idea.
Trading can wait for the retracement after the long.
Trading Strategy:
BUY@62.8-63
TP: 63.8-64
↓↓↓ More detailed strategies and trading will be notified here ↗↗↗
↓↓↓ Keep updated, come to "get" ↗↗↗
Potential bearish drop?USO/USD has reacting off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 64.42
Why we like it:
There is a pullback resistance level.
Stop loss: 66.35
Why we like it:
There is a pullback resistance level that is slightly below the 78.6% Fibonacci projection.
Take profit: 56.94
Why we like it:
There is an overlap support level.
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Maintain high-level volatility.In early trading on Wednesday in the Asian market, international oil prices fell slightly, mainly affected by the easing of supply-demand balance and the drag on the global economic outlook from trade concerns. Brent crude oil futures fell 0.1% to $65.58 per barrel, while U.S. WTI crude oil fell 0.1% to $63.32. This decline came after both rose about 2% in the previous trading day, hitting two-week highs. Tuesday's rally was driven by two main factors: first, large-scale wildfires in Canada since early May, which caused thousands of people to evacuate and disrupted part of crude oil production; second, markets expected Asian countries to reject the nuclear agreement draft proposed by the United States, thereby maintaining sanctions on the major oil-producing country and reducing crude oil supply. The current international oil market is in a game of multiple forces. On the one hand, geopolitical factors and natural disasters have increased short-term supply risks; on the other hand, OPEC+ production expansion and trade concerns have constrained the sustainability of price rebounds. In the absence of clear policy directions and confirmation from inventory data, oil prices may remain volatile at high levels.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: epeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
buy@62.0-62.5
TP:63.5-64.0
Could the Silver reverse from here?The price is reacting off the resitance level which is a pullback resitance and could drop from this level to our take profit.
Entry: 34.51
Why we like it:
There is a pullback resistance level.
Stop loss: 35.520
Why we like wit:
There is a resistance level at the 100% Fibonacci projection.
Take profit: 33.56
Why we like it:
There is a pullback support level which lines up with the 61.8% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GOLD - WAVE 4 CORRECTION TO $2,800 (UPDATE)One important thing to note is that Gold buyers broke above the 0.618 Fib level yesterday, followed by a retest today & currently rejecting back to the upside. This 0.618% Fib zone was previously holding as 'resistance', which could now likely be holding as 'support' for buyers.
It is important to keep an eye out for these small details on market structure, as they could indicate early signs of a trend change.
GOLD: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,373.30 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 3,383.29.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
SILVER: Bears Are Winning! Short!
My dear friends,
Today we will analyse SILVER together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 34.443 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 34.354..Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
GOLD ROUTE MAP UPDATEHey Everyone,
Another powerful day in the markets with our chart idea unfolding exactly as anticipated.
In yesterday’s update, we highlighted that all our targets 3305, 3334, and 3359 were hit following the EMA5 cross and lock confirmation. We also pointed out the EMA5 lock above 3359, opening a clear gap to 3389, which was also hit perfectly. The absence of a further EMA5 lock above confirmed a precise rejection, sending price back down into the lower Goldturns for support, just as projected. We then had the bounce off the 3334 level, another clean reaction, just like we stated.
Now today, after testing and bouncing from 3334 into 3359, price is now charging back toward 3389 for a potential retest, as that level remains open once again.
The structure is playing out beautifully, we will stick to the plan, and manage risk wisely.
We will continue to buy dips using our support levels taking 20 to 40 pips and track the movement with ema5 lock or rejection. 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
3305 - DONE
EMA5 CROSS AND LOCK ABOVE 3305 WILL OPEN THE FOLLOWING BULLISH TARGETS
3334 - DONE
EMA5 CROSS AND LOCK ABOVE 3334 WILL OPEN THE FOLLOWING BULLISH TARGET
3359 - DONE
EMA5 CROSS AND LOCK ABOVE 3359 WILL OPEN THE FOLLOWING BULLISH TARGET
3389 - DONE
EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET
3428
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET
3478
BEARISH TARGETS
3271
EMA5 CROSS AND LOCK BELOW 3271 WILL OPEN THE FOLLOWING BEARISH TARGET
3227
EMA5 CROSS AND LOCK BELOW 3227 WILL OPEN THE SWING RANGE
3185
3146
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
GOLD - WAVE 4 CORRECTION TO $2,800 (UPDATE)The 'resistance turned support' which I mentioned yesterday is holding up well. After the retest of the support zone, we're currently seeing bullish momentum keep Gold prices up.
As soon as Gold surpasses $3,400 & closes WITHIN the previous 0.365% zone, I will be sure that the 3 Sub-Wave (A,B,C) correction for sellers is over & buyers are now heading towards a new ATH. Until then I am still wary & being careful of sellers.
MicroStrategy: The Dumbest Bet on WallStreetMicroStrategy: The Bitcoin Bet Masquerading as a Tech Company
Introduction: A Software Company Turned Crypto Casino
Once upon a time, MicroStrategy was a business intelligence firm. Today, it’s a Bitcoin holding company disguised as a software business.
Its market cap has ballooned to over $100 billion, not because of its software, but because of its aggressive Bitcoin purchases. Investors aren’t buying a company—they’re buying a leveraged bet on Bitcoin.
And that bet? It’s built on debt, dilution, and dangerous financial engineering.
The Math Problem: MicroStrategy’s Obscene Valuation
MicroStrategy is worth three times the value of its Bitcoin holdings. Let that sink in.
If you buy MicroStrategy stock, you’re effectively paying three times the price of Bitcoin. It’s like buying Bitcoin at $245,000 per coin when the actual market price is far lower.
This isn’t investing, it’s financial insanity.
The Debt Trap: How MicroStrategy Keeps the Illusion Alive
MicroStrategy’s entire strategy revolves around issuing debt to buy more Bitcoin. It has borrowed $7.27 billion through convertible bonds.
Here’s how the cycle works:
MicroStrategy issues debt at low interest rates.
It uses the money to buy Bitcoin.
The stock price rises because investors think it’s a genius move.
The company issues more shares to raise more money.
It buys more Bitcoin—and the cycle repeats.
This is not a sustainable business model. It’s a Ponzi-like structure that depends entirely on Bitcoin’s price continuing to rise.
The Accounting Trick: Hiding the Losses
MicroStrategy has been misleading investors with custom financial metrics. It created terms like BTC Yield and BTC $ Gain to make its Bitcoin strategy look profitable.
But in reality? It recently disclosed a $5.91 billion unrealized loss on its Bitcoin holdings. And when that news broke, its stock dropped 8.67% in a single day.
This isn’t a company, it’s a high-stakes gamble.
The Risk: What Happens When the Bubble Bursts?
MicroStrategy’s survival depends on Bitcoin’s price never crashing. If Bitcoin falls, MicroStrategy’s stock collapses.
And here’s the worst part:
If Bitcoin crashes, MicroStrategy might have to sell its holdings, triggering a death spiral.
If investors lose confidence, the company can’t issue more debt, and the illusion falls apart.
If regulators step in, MicroStrategy’s entire strategy could be dismantled.
This isn’t a safe investment. It’s a ticking time bomb.
Conclusion: The Dumbest Bet on Wall Street
MicroStrategy isn’t a tech company. It’s a leveraged Bitcoin casino.
Investors aren’t buying innovation, they’re buying hype, debt, and financial engineering. And when the illusion fades, reality will come crashing down.
So ask yourself: Are you investing in a business? Or are you just buying the dream—before it bursts?
GOLD Trading Opportunity! BUY!
My dear subscribers,
This is my opinion on the GOLD next move:
The instrument tests an important psychological level 3344.4
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 3358.5
My Stop Loss - 3336.9
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
GOLD: Short Trade Explained
GOLD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GOLD
Entry Point - 3365.4
Stop Loss - 3372.6
Take Profit - 3352.8
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Crude oil is about to end its shock outbreak
💡Message Strategy
International oil prices rose in early Asian trading on Tuesday, mainly due to rising risks of supply disruptions. Iran is expected to reject a nuclear deal proposal from the United States, which would have paved the way for easing sanctions on Iranian oil exports.
In addition, wildfires in Alberta, Canada, also caused some oil and gas production to be suspended, exacerbating market concerns about supply.
Brent crude rose 0.86% to $65.20 a barrel; U.S. West Texas Intermediate rose 0.75% to $63.00. This continued the previous trading day's nearly 3% increase.
Geopolitical tensions also added to market concerns. The ongoing conflict between Russia and Ukraine has increased uncertainty in the global supply chain and geopolitical risk premiums.
Oil prices were also supported by OPEC+'s slowing production increase. The Organization of the Petroleum Exporting Countries and its allies (OPEC+) decided at a meeting last week to increase production by only a small 411,000 barrels per day in July, the same as in the previous two months and lower than the large increase some market participants had expected.
International market conditions have a great impact on crude oil trends. Currently, various reasons have indicated an upward trend in crude oil, paving the way for the upcoming rising market.
📊Technical aspects
Technical analysis shows that the daily chart of US crude oil (WTI) is strong and still has room for upward movement in the short term. After the current WTI crude oil price stabilized at the integer mark of $61, it closed positively for several consecutive days, showing an obvious upward channel pattern.
In terms of technical indicators, the MACD fast and slow lines have formed a golden cross, and the kinetic energy column continues to expand, indicating that the bulls are strengthening; the RSI is near 65, not entering the overbought range, but showing good upward momentum.
In addition, the 5-day and 10-day moving averages continue to diverge upward after the golden cross, supporting the oil price trend. If the oil price can effectively break through the resistance level of $63.50, it is expected to challenge the previous high of $65.80;
💰 Strategy Package
Long Position: 62.00-62.50
Market situation unclear? Check out this analysis📰 Impact of news:
1. ADP data is significantly positive
2. Trump: "Mr. Too Late" Fed Chairman Powell must cut interest rates now
📈 Market analysis:
The ADP data is significantly bullish, but we cannot rule out that this is an illusion created by the market, because although the daily line has formed a golden cross, it has not fully released the bullish momentum, and has not been able to exert force in the bullish upward trend. Therefore, I prefer to go long at a low position in the US market rather than chasing it immediately. At the same time, the upper 3365 may become a short-term strong pressure level. If the gold price encounters resistance here, the US market will usher in a retracement, and then it will be our time to go long.
🏅 Trading strategies:
SELL 3360-3365
TP 3340-3330
BUY 3330-3317
TP 3360-3370-3400
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
SPY/QQQ Plan Your Trade For 6-3 : Carryover in Carryover modeToday's pattern suggests we may see more upward price consolidation/trending.
As many of you already know, I've been tracking the Excess Phase Peak pattern all the way up this incredible rally from the $480 lows on the SPY. In my opinion, we have moved into the "island" topping phase where price is struggling to break either upward or downward right now.
Currently, price seems to be attempting to break to the upside after yesterday's meltup. Today should be interesting because we could see solid REJECTION of yesterday's move with a big breakdown move. We'll see how things play out.
The SPY trend is still BULLISH based on my research. Thus, until and IF we get a breakdown, traders should continue to expect a MELT UP type of trend in the SPY/QQQ.
Hedging trades is a good idea right now.
Gold and Silver had a big move early this week and have not stalled into a sideways FLAGGING trend. By my estimates, the APEX of the flag will come near 1900-2100 today (Wednesday 6-3). That is when I think Gold/Silver will attempt to move into extreme volatility and attempt to make another big move.
I hope it is to continue the upside price trend, as this breakout move needs to push higher (breaking recent highs) for metals to move into a new dominant upward price trend.
BTCUSD is trading sideways - possibly setting up that DOUBLE-TOP pattern I suggested was going to take place on 5-20-25. Now, with Bitcoin leading the US markets by about 3-5 days (on average), we'll see if BTCUSD can attempt to move into another rally phase or if BTCUSD breaks below the $103k level and moves into a new downward price phase.
In my opinion, look out below.
Get some.
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