Gold will make impulse up from support line of triangle to 3430Hello traders, I want share with you my opinion about Gold. Some days ago, price entered to triangle, where it made an upward impulse at once to the resistance line, breaking the resistance level. But then price turned around and in a short time declined back, breaking the resistance level one more time. Next, Gold continued to fall and reached the support line of the triangle. After this, it made an impulse up again and exited from the triangle pattern with broke the 3280 level. Price rose to the resistance level and then started to trade inside another triangle pattern. In this pattern, Gold dropped from the 3430 resistance level, which coincided with the resistance line, and dropped to the support line, breaking the 3280 level. After this movement, Gold turned around and started to grow, and later reached the 3280 level and broke it again. Then the price continued to grow and reached the resistance line of the triangle pattern, where at the moment continues to trades near. In my opinion, Gold can rebound from the support line of the triangle and rise to the resistance level, exiting from triangle pattern. For this case, my TP is 3430 level. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Gold
GOLD (XAUUSD): Important Supports & Resistances for Next Week
Here is my latest structure analysis for Gold.
Vertical Structures
Vertical Support 1: Falling trend line
Vertical Support 2: Falling trend line
Horizontal Structures
Horizontal Support 1: 3231 - 3286 area
Horizontal Support 2: 3121 - 3177 area
Horizontal Resistance 1: 3372 - 3404 area
Horizontal Resistance 2: 3427 - 3423 area
Horizontal Resistance 3: 3492 - 3500 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
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Turbulent Week Ahead? Gold Outlook June 9-13, 2025Hey fellow traders,
Let's dive into the OANDA:XAUUSD outlook for the upcoming week, June 9-13, 2025. The recent price action has been a rollercoaster 🎢, and the next few days promise even more fireworks 🎇.
Looking back at the 30-minute chart from May 22 to June 6, gold saw an initial consolidation, then a strong rally to multi-week highs near 3,420. However, this was followed by a sharp, dramatic reversal, pushing prices back below 3,300. This "bull trap" 🐂 pattern suggests underlying weakness and potential preemptive market positioning.
Another view on this could be the possibility that a gap on the chart at 3300-3295 of around $5 could get closed. Since strong support is right below this, it could serve as a good launchpad 🚀 for an upward rally. Let's see if the upcoming Asia session on Monday triggers this because its only - $14 from $3309.
Key Drivers for the Week Ahead:
📅 June 9, 2025 (Monday)
US-China High-Level Trade Talks Commence in London
High-level delegations from the United States and China began trade discussions in London. This meeting followed an announcement by President Donald Trump on Friday, June 6, 2025, who described a preceding 90-minute phone call with Chinese President Xi Jinping as "very positive".
The US delegation included Treasury Secretary Scott Bessent, Commerce Secretary Howard
Lutnick, and US Trade Representative Jamieson Greer, reflecting a coordinated approach to addressing complex trade issues. The talks were primarily aimed at resolving the ongoing bilateral trade war, with a particular focus on tariffs and the global supply of critical rare earth minerals.5 While no specific time for the commencement of talks was provided, it is understood they began during London's daytime, approximately (10:12 CEST / 04:12 EDT).
These discussions occurred in the context of a temporary 90-day agreement reached on May 12, 2025, which had seen the US reduce its tariffs on Chinese imports from 145% to 30%, and China reciprocate by lowering its tariffs on US goods from 125% to 10%.9 However, this temporary truce is set to expire in early August, and President Trump had recently accused China of violating the agreement, specifically regarding critical mineral exports. The broader bilateral relationship remains strained by issues extending beyond tariffs, including restrictions on advanced chips, student visas, and concerns over China's state-dominated economic model.
The prompt scheduling of these high-level talks immediately after a leader-to-leader call suggests a tactical move towards de-escalation of immediate trade tensions, aiming to prevent a full-blown trade war. The objective appears to be managing current conflicts rather than achieving a fundamental resolution, especially with the May 12 agreement nearing its expiration. The core disputes, such as control over rare earths and technology, are deeply entrenched and reflect a broader geopolitical competition rather than mere economic disagreements. This pattern of temporary de-escalation followed by persistent underlying tensions indicates a long-term,structural competition. It suggests that trade policy is increasingly intertwined with national security and geopolitical strategy, implying that businesses should anticipate continued volatility and strategic decoupling in certain sectors, rather than a return to pre-trade war normalcy.
Other big movers for gold will be the US inflation reports. 💥
📅 Wednesday, June 11 (14:30 CEST / 08:30 EDT):
We get the crucial US Consumer Price Index (CPI) data.
Watch for Core CPI (YoY) with a forecast of 2.9% and headline CPI (YoY) at 2.5%.
📅 Thursday, June 12 (14:30 CEST / 08:30 EDT):
The US Producer Price Index (PPI) follows.
Forecasts are for Core PPI (YoY) at 3.0% and headline PPI (YoY) at 2.6%.
📊 These numbers are critical. If inflation comes in hotter 🔥 than expected, it will likely strengthen the US Dollar 💵 and push real interest rates higher 📈, making gold less attractive. This could trigger further declines 📉, especially given the current market structure. Conversely, cooler 🧊 inflation could spark a significant rebound 🔄.
Beyond US data, keep an eye 👁️ on speeches from various European Central Bank (ECB) officials throughout the week, including President Lagarde on Tuesday (23:15 CEST / 17:15 EDT). Their collective tone 🎤 could influence EUR/USD dynamics and indirectly impact the US Dollar Index, offering a counterbalance ⚖️ or amplification to gold's movements.
Key Numbers and Technical Levels to Watch:
Gold is currently sitting on a substantial speculative net long position of 187.9K contracts. This is a massive amount of bullish bets 📊🐂, making gold highly vulnerable to rapid liquidation 💣 if the fundamental picture turns sour. A "long squeeze" could amplify any downside move.
Immediate Support: The 3,300 level is paramount. A decisive break below it would signal further weakness. Below that, 3,250 is strong technical support where we saw a bounce previously.
Overhead Resistance: Look for resistance at 3,350-3,360, and then the recent peak of 3,420. Reclaiming these levels would require a significant shift in sentiment.
Expect high volatility ⚡, especially around the US inflation releases. Trade smart 🧠, manage your risk ⚖️, and stay nimble! 🏃
Geopolitical News Landscape 🌍
India / Pakistan
The ceasefire from May 10 is holding, but diplomatic relations remain frosty. India has launched a global image campaign to gain support, while Pakistan insists on dialogue and accountability.
Outlook: Without substantial agreements on border terrorism and water issues, tensions will stay latently high, with potential for new escalation risks. ⚠️
Gaza Conflict
Violence escalated again in early June. Israel intensified attacks, killing civilians seeking aid in Gaza City, and at least six people were killed at a distribution point.
Outlook: The humanitarian situation continues to worsen 🚨, and international mediation efforts are urgently needed. However, an immediate ceasefire seems unrealistic. ❌
Russia / Ukraine
In the first week of June, Russia launched one of its largest series of attacks: hundreds of drones and missiles hit Kharkiv and Kyiv, resulting in civilian casualties. Simultaneously, a planned prisoner exchange has stalled.
Outlook: Strategic air attacks will likely continue 💥, and the prisoner exchange remains deadlocked. Without a diplomatic initiative, the conflict will stay entrenched. 🕳️
U.S.–China Trade War
Following talks between Trump and Xi, new negotiation rounds are expected in London. China has opened up rare earth exports, a sign of cautious de-escalation.
Outlook: If dialogue channels open 🗣️, systemic trust could grow, but genuine reforms remain uncertain. 🤔
🌐 Global Trade War
The OECD has lowered its growth outlook to 2.9%, warning of protectionism 🧱 and delayed investments. The ECB is also maintaining synchronization with the FED.
Outlook: Without de-escalation, the world faces a global economic slowdown 🐌 and permanent fragmentation of supply chains. 🔗
🏛 Trump vs. Powell
Trump has again complained about the FOMC's hesitancy, nicknaming Powell “Too Late,” and demanding a full 1% interest rate cut.
Outlook: Pressure is mounting 📣. Whether the Fed yields depends on if inflation and labor data allow for a loose policy. 🎯
💵 U.S. Inflation – May 2025
Forward-looking data shows a weakening services sector and consumer prices rising again as tariffs pass through. Official CPI data for May 2025 will be released on June 11.
Outlook: Higher inflation could halt the Fed's "dereflexion" course — a dilemma ⚖️ between growth 📈 and price stability. 🛑
Technical View 📐
Regarding the major Head and Shoulders (H&S) reversal pattern on the 4H chart I shared previously, I'd like to explain some new developments that are altering its potential outcome.
Since the price has re-entered and fallen below the neckline, I activated my "second brain cell" 🧠 to guess what could be next. This led me to revise the larger 4-hour chart structure with the adjustments shown in the accompanying image.
As you can also see in the updated version below, a reversed H&S pattern remains a possibility, as the proportions still appear valid. 🔄
Potential Scenarios for Gold 🧩
Under this revised idea, Gold could potentially reach the neckline entry at 3397 (+88) from the current price. This is one plausible scenario. ✅
Alternatively, the price could drop further to the "Head" at 3120 (-191 from the current 3309), which would, of course, invalidate this H&S pattern. ❗
While this is speculative 🔮, given that trading often involves psychological movements and their resulting impacts, I believe this is a favorable approach to forecasting.
Another reason to see it as bullish is the formed standard bull flag 🚩🐂.
Please take the time to let me know what you think about this. 💬
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
Long positions have made profits, focus on support📰 Impact of news:
1. The United States issues new sanctions on Iran
2. Trump continues to criticize the Federal Reserve
📈 Market analysis:
At present, the gold price has touched 3340. If it stabilizes here, we can arrange to go long. However, the gold price is constantly testing downwards, which is why I did not arrange to go long immediately. At the same time, we need to be vigilant about whether the gold price will fall below the important support of 3330. If it really falls below 3330, the gold price may test the support of the integer mark of 3300, which will also determine the future market trend.
🏅 Trading strategies:
SELL 3400-3370
TP 3340-3330-3300
BUY 3335-3330
TP 3350-3370
SELL 3325-3320
TP 3310-3300
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.
OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
CHFJPY - 1700 Pip Reversal Incoming!The last time we looked at CHFJPY was back in October 2024, where we forecasted a large ABC correction. Fast forward to now - that correction is nearly complete!
We're currently in the 5th subwave of wave C, and everything points toward a massive drop setting up. We expect a move of at least 1500 pips.
On the Daily timeframe, structure is clear:
- Clean 5-3-5 ABC correction
- Price is approaching a key sell zone
- A clear entry trendline is in place — couldn’t ask for a cleaner setup
Trade Idea:
- Watch for rejection within the sell zone
- Aggressive entry: Inside sell zone with stops above invalidation
- Conservative entry: On break of trendline, stops above the break candle
Targets:
TP1: 165.00 (≈1300 pips)
TP2: 161.50 (≈1700 pips)
Optional: Leave a runner for a long-term swing
Let me know what you think in the comments.
See below for our last VIP setup for CHFJPY which played out perfectly. 1000pips secured!
Good luck and as always, trade safe!
The latest gold trend analysis strategy on June 6:
Analysis of key factors
Risk aversion subsides: The call between the Chinese and US heads of state released a signal of trade easing, weakening the demand for gold as a safe haven, causing the gold price to rise and then fall (3403→3335).
Fed policy expectations: Inflationary pressure may prompt the Fed to maintain high interest rates, suppressing the upside of gold, but economic uncertainty still provides support.
Technical shock pattern: The daily line alternates between positive and negative, showing a tug-of-war between bulls and bears. 3405-3300 becomes the short-term key range.
Technical analysis
Daily level:
Form: On Thursday, it rose and fell back to close in the negative, falling below the 5-day moving average, but the slight increase during the day showed buying support.
Key position: 3405 above (previous high/resistance), 3330-3300 below (support area).
Trend: Maintain range shocks, need to break through 3405 or break below 3300 to choose the direction.
4-hour level:
Interval convergence: 3385-3335 is the main fluctuation range of the Asian and European sessions, and short-term trading can be high-short and low-long.
Long-short watershed: 3385 breaks through and tests 3405, and 3335 breaks down and looks at 3300.
Trading strategy
Asian and European sessions (short-term):
Long strategy: light long positions in the 3350-3342 area, stop loss below 3335, target 3370-3385.
Short strategy: short short near the rebound of 3385, stop loss above 3400, target 3350-3335.
US session/trend (breakthrough confirmation required):
Break above 3385: follow up long orders, target 3405, and hold cautiously after the breakthrough.
Break below 3335: follow the trend and go short, target 3310-3300, pay attention to take profit at low level.
Risk Warning
Impact of non-agricultural data: If the data deviates greatly from expectations, it may cause violent fluctuations, but the probability of a high rise and fall is expected to be high.
News tracking: Pay attention to the progress of Sino-US trade and the speeches of Federal Reserve officials. Any unexpected news may break the shock pattern.
Operational suggestions: Sell high and buy low in the current range, strictly stop loss, and avoid chasing ups and downs. Conservative investors should wait for the area around 3300 to arrange medium- to long-term long positions, or follow up after an effective breakthrough of 3405.
XAUUSD H1 Outlook – Clean Breakdown, Focused Zones in Play👋 Good afternoon, legends!
Here’s your XAUUSD H1 Outlook + Sniper Plan for June 9, 2025. We’re mid-retrace in a bearish shift, and structure is giving us real opportunities both ways.
📍 Bias: Bearish intraday — structure has shifted, and we’re working inside discount + premium rotations.
🔹 1. 🔍 H1 Structure Summary
Confirmed CHoCH → BOS → LL below 3314.
Price is sweeping the 3308–3300 weak low, sitting in a sensitive zone.
Expect either pullback to supply or continuation into deeper demand.
🔹 2. 📐 Key Intraday Structure Zones
Zone Type Price Range Notes
🔼 Sell Zone #1 3350 – 3365 H1 OB + supply flip + fib confluence
🔼 Sell Zone #2 3378 – 3390 M15 premium sweep + LH trap
🟣 Flip Zone 3324 – 3332 BOS origin + minor FVG — reactive zone
🔽 Buy Zone #1 3275 – 3260 Discount OB + imbalance cluster
🔽 Buy Zone #2 3238 – 3225 Deep structure demand + M30 liquidity pool
🔹 3. 📊 EMA Alignment
EMA5/21 crossed bearish
Price is under EMA50, 100, and 200 → full bearish EMA pressure
Retracements into premium = opportunities to sell with trend
🔹 4. 🧠 Sniper Flow Commentary
Price is currently tapping weak low zone (3308–3300)
If 3314–3332 acts as resistance, we’re in for continued downside flow
Cleanest sell comes from 3350–3365, but any valid rejection from flip zone is still playable short
Only buy if deep discount zones are hit with confirmation — don’t rush longs in bearish flow
⚔️ Intraday Sniper Plan – June 7, 2025
🔼 Sell Zones
3350–3365 → Premium OB and fib rejection zone
3378–3390 → Final sweep zone above LH
🔽 Buy Zones
3275–3260 → First structural OB in deep discount
3238–3225 → Major support from HTF demand stack
🟣 Flip Zone
3324–3332 → Watch for reaction and possible rejections
✅ GoldFxMinds Final Note
It’s not about predicting — it’s about preparing.
Sell the traps. Buy only strength in structure. Let price prove itself before entry.
Stay focused and confident!💬 Drop your chart view below ,follow for more
— GoldFxMinds view💡
XAUUSD Daily Outlook – Premium Pressure & Weak High Trap in Play Hey team!
Hope you’re staying sharp as we close out this NFP week. Here’s your Daily Outlook for XAUUSD — built from clean structure, supply/demand logic, and current price action.
📍 Bias: Neutral → leaning bearish while inside premium rejection zone
🔹 1. 🔍 Daily Structure Overview
Recent CHoCH down after failing to break above the weak high at ~3395.
Price is reacting from premium supply and has now tapped a daily FVG near 3315.
We're in a mid-premium rejection area, with multiple rejections from the 3350–3395 zone.
🔹 2. 📐 Key Daily Zones
Zone Type Price Range Notes
🔼 Premium Supply Trap 3350 – 3395 Weak high, CHoCH zone, FVG, supply OB
🔽 Retracement Demand 3278 – 3262 Clean OB + imbalance zone (FVG)
🔽 Mid-Demand Range 3172 – 3140 Breaker block + daily wick base
🔽 Deep Demand (Discount) 2950 – 3020 Full retracement zone from last BOS
🔹 3. 📊 EMA Context (Daily)
EMA 5/21 cross locked bullish — but starting to curl as momentum slows.
Price is testing EMA21 from above; breakdown below it could invite further retracement.
All EMAs still stacked bullish, but showing early signs of cool-off.
🔹 4. 🔢 Fibonacci Swing
Swing used: 3245 (swing low) → 3395 (current top)
Price is now below 38.2% retracement (~3335)
50% = 3320, 61.8% = 3300 → high confluence in this cluster for potential bounce or breakdown decision.
🔹 5. 📉 RSI Check
RSI diverging slightly from highs → bearish divergence forming
Currently near 58 → leaves room for downside without being oversold
🔹 6. 🌍 Macro Context
NFP Report just released
→ Mixed numbers: NFP weak, unemployment up = mildly bullish gold
CPI incoming – key for inflation outlook and Fed tone
Market uncertain → risk-off flows could favor gold, but rejection from premium likely before CPI clarity
⚔️ Scenarios for June 9 Start
🔽 Bearish Plan (likely early-week setup)
Rejection from 3335–3350 → short trigger zone
TP1 = 3278
TP2 = 3172–3140 (if momentum extends)
🔼 Bullish Continuation
Clean reclaim of 3350 and 3395 breakout → flip into aggressive bullish continuation
Target = 3450–3500 FVG above current ATH
✅ GoldFxMinds Final Note
We’re in the heart of the premium trap — don’t buy blindly into strength. Let price show intent.
⚠️ This week may be a pre-CPI fakeout zone — stay patient, let the structure guide you.
📣 If you’re watching this with us — drop your thoughts in the comments. Are we heading to 3170 first or flipping 3395 clean?
Let’s crush the week,
— GoldFxMinds 💡
XAUUSD Weekly Outlook – Premium Territory Battle BeginsHey team!
Hope you're all feeling sharp and focused — here’s what we’re watching this week on XAUUSD 👇Week of June 9–13, 2025
📍 Bias: Bullish, but cautiously reactive at premium supply
🔹 1. 🔍 Market Structure (W1)
Strong impulsive BOS continuation from 3245 → current price near 3312.
Weekly structure shows clean Higher Highs (HH) and Higher Lows (HL) since Q4 2023.
The premium zone around 3380–3500 is now in play — it’s a weak high zone with upside liquidity targets still intact.
🔹 2. 🧱 Key Weekly Zones
Zone Type Price Range Notes
🔼 Premium Supply Zone 3380 – 3500 Final weak high zone, imbalance + OB supply above
🔽 Demand Support 1 3115 – 3170 Recent impulsive candle origin & imbalance
🔽 Demand Support 2 2950 – 3020 Prior CHoCH base & last HL support
🔽 Long-Term Demand 2660 – 2720 Weekly OB, deep discount zone
🔹 3. 📊 EMAs Context
EMA 5 / 21 / 50 / 100 / 200: Full bullish alignment.
Price is aggressively extended above all EMAs, suggesting possible retracement into the 3115–3170 zone if price fails to break above premium supply cleanly.
🔹 4. 🎯 Fibonacci Swing Analysis
Main fib: 3245 (last HL) → 3395 (current swing high).
50% retracement = ~3320, current price is hovering around this equilibrium.
A move back to 3115–3170 = golden zone, could serve as a clean long re-entry if premium gets rejected.
🔹 5. 🧠 RSI Context
Weekly RSI remains overbought, hovering near 70+.
Momentum remains strong, but any failure to break the weak high may trigger a cooling phase (pullback to EMA50 or fib 61.8%).
🔹 6. 🌍 Macro + Geopolitical Notes
NFP released Friday (June 6): Mixed impact — job creation weak but hourly earnings slightly strong.
Fed still data-dependent → CPI (next week) will be key.
Gold remains sensitive to inflation + Fed rate expectations. A dovish shift or inflation spike could send price beyond 3400.
📌 Weekly Scenarios
🔼 Bullish Continuation
Break above 3380–3395 → 3450–3500 target zone
Needs impulsive close above premium with volume and no rejection wick.
🔽 Retracement Play
Failure to break 3380 → pullback into 3115–3170
Clean demand, imbalance, and fib confluence support re-entry.
✅ GoldFxMinds Final Note
Gold is now in premium pricing — either distribution begins, or we’ll witness a parabolic extension into 3450–3500.
🧠 Watch reactions, not just zones. Trade confirmation.
💬 Let us know how you're positioning for the week — are you buying dips or fading premium?
Stay sharp,
— GoldFxMinds 💡
GOLD - Price can drop to support line of triangle patternHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
In this chart price formed a triangle pattern, where it first declined to support line and then made an impulse up.
After this, Gold broke $3165 level and, after a small correction reached and broke $3400 level too.
Then it rose to resistance line of triangle and dropped below $3400 level, breaking it one more time.
Price tried to back up, but failed and dropped more to support line of triangle, after which started to grow.
In a short time price rose to resistance line of triangle, which coincided with resistance level and area.
Now, I think that Gold can drop from resistance area to $3250 point of support line of triangle.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
GOLD H4 Weekly Chart Update For 9-13 June 25Hello Trader,
As you can see that there are some crucial levels appear in the chart, right market sustain above 3300 Psychological Level if market break 3300 Psychological Level Successfully then it will might be testing 325+-60 zone
Above 3300 Psychological Level Market will move towards 3326 level or even 3345
Furthermore kindly check all mentioned zone in the chart carefully
Disclaimer: Forex is Risky
Gold Update Today: Possibility of Pullback and Continuation?OANDA:XAUUSD is currently approaching the lower boundary of the channel, which aligns with a key demand zone. The confluence of trendline support and horizontal demand increases the likelihood of a bullish reaction from this level.
If buyers maintain control at this level, we could see a rebound toward the 3,440 dollar level, which aligns with the midline of the ascending channel. This level may serve as a short-term target within the current bullish market structure. However, failure to hold above this support zone could invalidate the bullish outlook and signal the next downward move.
Traders should watch for bullish confirmation signals such as rejection wicks, rising volume, or bullish engulfing patterns before entering long positions.
If you agree with this analysis or have additional insights, feel free to share your thoughts here!
Gold Market Update Ahead of US Jobs Data
On Friday, gold edged up slightly ahead of key US jobs data (NFP). Optimism over a US-China deal and USD profit-taking are capping gold’s gains. A weak NFP (<100,000) would bolster expectations of a Fed rate cut (54% chance in September), supporting gold, while a strong NFP (>200,000) would pressure it downward.
Technically, the market is bullish, with prices consolidating in the 3300-3340 range after breaking resistance. A shakeout at support is possible before the trend resumes.
Resistance: 3375, 3391, 3414
Support: 3339, 3331
Forecasting prices before NFP is tough, so it’s best to wait for the data and monitor price reactions. Prices may stay range-bound until next week, depending on fundamentals.
Best regards,
XAUUSD – NFP STORM AHEADXAUUSD – NFP STORM AHEAD: WILL GOLD BREAK HIGHER OR FACE A DEEP CORRECTION?
Gold is entering a critical phase ahead of tonight’s Non-Farm Payrolls (NFP) report — one of the most influential economic releases globally. With US-China trade tensions resurfacing and growing concerns over US national debt, the precious metal market is likely to experience high volatility during the US session.
🌍 MACROECONOMIC & POLITICAL OUTLOOK
Trade negotiations between the US and China have resumed, with China reaffirming its intent to defend strategic metal exports amidst ongoing tariff threats.
The US national debt is projected to reach $55 trillion by 2034, prompting central banks worldwide to continue stockpiling gold as a hedge against fiat devaluation.
Fed Chair Jerome Powell maintains his stance of “not rushing to cut rates,” but political pressure — especially from former President Trump — is escalating rapidly.
Unemployment Claims fell slightly last week, reinforcing the view of a weakening labour market. If tonight’s NFP print disappoints, gold may surge on renewed expectations of future Fed easing.
📈 TECHNICAL ANALYSIS (H1 – EMA 13/34/89/200)
Gold has formed a classic impulsive wave structure, with recent highs tested around the 3408 – 3410 resistance zone.
Price action is consolidating near the EMA 89 and EMA 200, suggesting indecision and building energy for a potential breakout.
A breakdown below the 3344 – 3332 support zone could trigger a move toward the FVG liquidity block near 3320, a potential institutional buy level.
🔍 STRATEGIC KEYLEVELS TO WATCH
Resistance levels: 3380 – 3392 – 3408 – 3436
Support levels: 3365 – 3350 – 3344 – 3332 – 3320
🧭 TRADE SETUPS
🔻 SELL ZONE: 3408 – 3410
Stop Loss: 3415
Take Profit: 3404 → 3400 → 3395 → 3390 → 3380 → 3370 → 3360 → 3350
🔵 BUY ZONE: 3318 – 3316
Stop Loss: 3310
Take Profit: 3322 → 3326 → 3330 → 3335 → 3340 → 3350 → 3360 → ???
✅ CONCLUSION
Gold is “holding its breath” before the potential NFP-triggered breakout.
If NFP disappoints → USD weakens → Gold could explode above 3410.
If NFP beats expectations → Sellers may take full control and shift the market into a correction phase.
Gold Update – Will Buyers Drive It to 3,485 USD?Great to see all traders again in today’s gold price discussion at the end of the trading session. LyngridTrading here!
Yesterday, gold dropped sharply, with the metal falling by 600 pips during the US session. However, by this morning, it quickly regained its upward momentum, supported by buying pressure around the 3,340 USD support zone.
Specifically, gold regained its momentum after the latest data on the US labor market was just released, showing that the number of initial state unemployment claims rose to 247,000 (seasonally adjusted) by the end of May 2025, according to the announcement from the U.S. Department of Labor. This figure is higher than expected, reflecting a weakening US labor market, which has increased expectations that the Fed will soon cut interest rates to support the economy.
From a technical perspective, as previously analyzed, gold holds a strong short-term technical advantage from the support zone around 3,340 USD. If buying pressure continues, there will be nothing stopping it from rising to 3,485 USD, in line with the idea scheduled at the same time yesterday.
XAUUSD: Bullish Structure Still Intact?Dear friends,
To begin this post, I want you to understand why I want to connect with the global TradingView community. Simply put, I want to share the value I have and listen to more perspectives from all of you. This helps build a stronger, more united community.
And what about you. What do you think of OANDA:XAUUSD hovering around 3,370 USD?
Let’s explore it together!
OANDA:XAUUSD is moving within a very clear ascending channel, with price action consistently respecting both the upper and lower boundaries. This indicates that the bullish structure is still being maintained and the buyers remain in control. The recent upward momentum further reinforces the belief that this trend could continue.
The price is currently approaching a key support zone, marked by the lower boundary of the channel and a previous demand area. If this zone holds, it could offer a strong re-entry opportunity for buyers. The projected bullish target is 3,485 USD, which aligns with the upper boundary of the channel and represents a reasonable upside objective. This is the area I will closely monitor to find a trend-following buy entry, as long as bullish momentum remains intact.
Of course, I do not dismiss the opposite scenario. Failure to hold this dynamic support may suggest that bullish momentum is weakening and could shift the short-term trend to neutral or bearish.
Let me know your thoughts or if you see it differently!
GOLD → Intra-range strategy. Waiting for NFPFX:XAUUSD remains consolidated in the 3340-3391 range. The price is stuck in the middle of the range due to the uncertainty created by upcoming unemployment news...
On Friday, gold rose slightly, remaining within the range ahead of important US employment data (NFP), which could set the direction for the market. Optimism over the US-China deal and profit-taking on the dollar are supporting the USD, holding back gold's rise. A weak NFP (less than 100,000) will reinforce expectations of a Fed rate cut and support gold. A strong report (above 200,000) will have the opposite effect. The probability of a rate cut in September is 54%.
Technically, on the daily timeframe, the market structure is bullish. After a sharp breakout of resistance and a new high, the price is consolidating above the upward trend line, forming a plateau in the 3300-3340 zone. Another shakeout from support is possible before the trend resumes
Resistance levels: 3375, 3391, 3414
Support levels: 3339, 3331
Forming a price forecast ahead of news, especially ahead of NFP, is a thankless task. Therefore, it is advisable to wait for the news and monitor the price reaction. A retest of the consolidation boundary and a rebound are possible. There is a chance that the price will remain in consolidation until next week, but again, it all depends on the fundamental background...
Best regards, R. Linda!
GOLD ROUTE MAP UPDATEHey Everyone,
A great finish to the week with our 1H chart idea finishing off with the rejection from 3389 with no further cross and lock above that level confirming the rejection. We continued to see a drop into the lower Goldturns with each level giving 20 to 40 pip bounces.,
We are now seeing 3334 Goldturn being tested. Lets see if we get the 20 to 40 pip reactional bounce before close of play.
We’ll be back now on Sunday with our multi-timeframe analysis and trading plans for the week ahead. Thanks again for all your likes, comments, and follows.
Wishing you all a fantastic weekend!!
MR GOLD
Analysis and layout of the latest gold trend in the evening📰 Impact of news:
1. The United States issues new sanctions on Iran
2. Trump continues to criticize the Federal Reserve
📈 Market analysis:
The 1H moving average of gold has shown signs of turning downward. If a death cross structure is formed subsequently, it will open up further downward space. From the market point of view, the price of gold rebounded to around 3364 after the release of non-agricultural data. This position constitutes a short-term key resistance level. If the rebound is under pressure here during the US trading session, short selling on rallies can still be considered. Although the price of gold has started to decline, it has not been able to fall below the important support of 3,300, so the long-term direction remains unchanged. At the same time, we need to pay attention to the effectiveness of the 3310 support line in the short term, and consider long trading only after the bottom is confirmed. For short-term trading, consider shorting at 3340-3350, and look to 3320-3310
🏅 Trading strategies:
SELL 3340-3350
TP 3320-3310
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
Why Guess When You Can Snipe? | Gold Battle Plan – June 6, 2025👋 Hey Gold warriors —
It’s NFP Friday, the chart is loud, and the trap zones are alive. Today isn’t about guessing direction — it’s about reacting to structure like a tactician. Let’s break it all down, level by level 👇
📊 BIAS Breakdown – Multi-Timeframe
📅 Daily Bias: Neutral-to-Bullish
Rejection wick formed off 3343 HL
Still trading inside premium → caution on longs
Bias stays bullish above 3343 — watch for push into 3399–3412
⏱ H4 Bias: Bearish Structure, Bullish Momentum
LH still valid at 3399
Price pushing up from H4 OB around 3343
Bullish EMAs → but still in supply region = danger zone above
🕐 H1 Bias: Bullish
BOS confirmed from 3355
HL support at 3343 remains clean
Bullish continuation valid toward 3399 if price doesn’t break 3343
🧠 Battle Plan – Intraday Zones
🔐 Zone Type 📍 Key Levels 🎯 Game Plan
🔼 SELL ZONE 1 3398–3412 HTF supply + FVG. Short if M15 shows reversal — scalp to 3343
🔼 SELL ZONE 2 3378–3385 LH retest. Only scalp if 3398 doesn’t break
🔽 BUY ZONE 1 3343–3350 HL + OB zone. Look for M5/M15 BOS to long to 3385
🔽 BUY ZONE 2 3320–3332 Strong discount zone. OB + CHoCH origin. Expect reaction
🔽 BUY ZONE 3 3288–3302 Only valid if full flush — use confirmation only!
⚔️ Sniper Scenarios
✅ Buy A → Hold 3343 → long to 3378/3390
✅ Buy B → Reclaim 3332 → long scalp toward 3375
❌ Sell A → Spike 3398–3412 → M15 shift → target 3342
❌ Sell B → Reject 3385 → short to 3350 (scalp only)
💬 Final Word from GoldFxMinds
Today’s battlefield is volatile, but the map is clear.
We don’t gamble. We plan, we wait, we snipe.
⚠️ Don’t chase candles. Don’t react emotionally.
🎯 Let price show its hand — then strike with logic and precision.
👇 If this plan keeps you sharp:
👍 Smash that like
💬 Comment your bias below
📍 Follow for more sniper blueprints
— GoldFxMinds 💛
THE KOG REPORT - NFPQuick one today as we haven't had much time to put together the report.
Instead, the red box levels are shared below and the extreme red boxes are on the chart.
We have key level 3365 which needs to break as shown and key level 3345 which needs to break downside.
RED BOX TARGETS
Break above 3365 for 3366, 337, 3385, 3390, 3406 and 3420 in extension of the move
Break below 3350 for 3345, 3336, 3329, 3320, 3310 and 3298 in extension of the move
As always, trade safe.
KOG