Will the gold bearish trend continue?
💡Message Strategy
The gold market is facing a complex game of long and short factors in the near future. On the one hand, US President Trump announced that Iran and Israel had reached a "comprehensive ceasefire", and the market's risk aversion demand plummeted, and gold was under obvious short-term pressure. However, according to Reuters, Israel still has small-scale military operations, which has led to differences in the market's optimism about the situation in the Middle East, and the downward space of gold is temporarily limited.
On the other hand, US economic data is mixed. In June, the S&P global manufacturing PMI remained unchanged at 52, the service industry PMI fell slightly to 53.1, and the composite PMI fell slightly to 52.8, suggesting that the momentum of economic expansion has slowed down marginally. More importantly, Fed officials have released dovish signals one after another. Fed Governor Bowman expressed concern about labor market risks and supported interest rate cuts this year, echoing Governor Waller's expectations of a rate cut in July. This adjustment in monetary policy expectations has led to a weakening of the US dollar, providing some support for gold prices.
📊Technical aspects
1. Pay attention to the defensive position at the weekly level. As time goes by, this position is now in the 3316-3315 area. After breaking 3333 at noon, it accelerated to reach here, so pay attention to the gains and losses here in the future, so as to prepare for the next space switch
2. The daily line has been defending the lifeline for nearly a month. The current lifeline position is 3355. No matter how it pierces in the previous process, the final closing line must return to the top of the lifeline, thus becoming a support area
This means that today's closing is very critical. It can be closed below the lifeline, and then switch space downward to enter the area from the lifeline to the lower track 3355-3280
3. The four-hour pattern opens downward. Yesterday, the resistance of the upper track of the pattern was determined twice, and then it began to fall continuously, fell back to the lifeline, and then fell below the lower track of the pattern. Now it is further down and breaking the low
Then, keeping high is the key, breaking low is the focus. The previous starting and falling acceleration points are 3357 area, 3370, and finally 3388-3390.
Today's high point is 3370 area. The resistance range of 3357 is determined at noon. The pattern opens downward. Keep high and break low to see acceleration. After breaking the high point, it returns to sweeping.
4. The double lines of the hourly chart are glued together to form a pressure area. The interval of 3355-3370 just coincides with the two resistances above. Use this as suppression to switch space downward.
5. The large channel cooperates with the small channel. The price falls below the lower track position of the large channel and begins to switch space further downward. The top and bottom conversion position is 3340, and the final acceleration starting point is 3348.
Use this as suppression, and look down to the weekly defense line area of 3316-3315.
If it falls below, the next support will focus on the 3300 mark. If it breaks 3300 again, the next position is 3280
💰Strategy Package
Short Position:3348-3354,SL:3375,Target: 3300-3310
Long Position:3280-3290,SL:3260,Target: 3340
Goldprediction
XAU/USD) Bullish reversal analysis Read The captionSMC trading point update
Technical analysis of Gold (XAU/USD) on the 30-minute timeframe, based on technical signals and price action behavior. Here's the breakdown
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Gold Bullish Reversal Setup – Targeting 3,384
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Key Technical Highlights:
1. Support Zone & Price Reaction:
Price has tested a strong horizontal support level (highlighted in yellow).
Multiple bullish rejection wicks indicate buying pressure at this zone.
The green arrows show successful support bounces, hinting at bullish intent.
2. Trendline Analysis:
Price bounced near the lower boundary of the falling wedge/downtrend channel.
An uptrend line convergence supports potential reversal.
A breakout above the short-term descending trendline is indicated.
3. EMA & Target Projection:
EMA 200 at 3,364.33 may act as dynamic resistance, the next short-term hurdle.
Target zone projected at 3,384.04, offering a potential move of +65.67 pts (~1.98%).
4. RSI Indicator:
RSI(14) is oversold (~29.93), signaling a potential reversal.
A bullish crossover may be forming, supporting upward momentum.
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Trading Plan:
Entry Zone: Near current support area around 3,325
Target: 3,384
Stop Loss (Suggested): Below 3,300, under support structure
Risk/Reward: Favorable based on support hold and breakout projection
Mr SMC Trading point
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Conclusion:
This setup suggests a short-term bullish reversal from a key support area, with confirmation likely if price breaks above the descending trendline and clears the 200 EMA.
Please support boost 🚀 this analysis)
XAUUSD: Post-Crash Buy Zone and Bullish SetupHere's a structured breakdown of today's #XAUUSD (Gold) trading idea, including key levels, wave structure, and risk/reward zones for both short-term and swing traders.
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🔹 Key Technical Zones (H1 & H4 Charts)
Support Levels
- 3,303 USD – Key support on H4; potential false breakout area
- 3,324–3,327 USD – Wave 5 completion zone and high-probability buy area
- 3,337–3,343 USD – Entry zone for early bullish setups
- 3,340–3,345 USD – Clean long entry; targeting up to 3,450 USD
Resistance Levels
- 3,363–3,365 USD – Sell zone tied to wave 4/5 overlap
- 3,375–3,383 USD – Mid-range resistance; key for short-term profits
- 3,405–3,500 USD – Long-term bullish targets; includes ATH region
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🔹 Wave Count (H1 Structure)
- Wave X – Recent sell-off ended a potential uptrend; suggests ongoing correction (WXY)
- Wave Y – 5-wave drop toward 3,363–3,365 USD; acting as a short-term sell zone
- Wave Z – Expected final leg down toward 3,324–3,327 USD (ideal buy zone)
- Retracement Setup – Anticipated bullish retrace post-wave 5, with targets back at 3,363–3,376 USD
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🔹 Order Blocks & FVGs
Buy Zones
- 3,343–3,330 USD – FVG within an order block; strong bullish entry area
- 3,319–3,317 USD – Deep support with short-term target at 3,349 USD
Sell Zone
- 3,363–3,365 USD – Key area for short setups, with targets at 3,342–3,330 USD
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🔹 Strategy & Key Takeaways
1. Bullish Structure Still Intact
- Rising channel remains valid on H4
- Holding 3,303 USD is critical for confirming bullish continuation
2. Trade Setup
- Long entries near 3,340–3,345 USD
- Target range: 3,450 USD and above
- Tight stops around 3,325 USD recommended for low-risk exposure
3. Wave Completion Zones in Play
- Monitor 3,324–3,327 USD (buy zone) and 3,363–3,365 USD (sell zone) for end-of-wave activity
4. Risk Management Is Key
- Scale into positions
- Respect intraday volatility and breakout traps
War breaks out again? The latest analysis and layout of gold📰 Impact of news:
1. The ceasefire agreement reached earlier did not take effect, and Trump believed that both sides violated the agreement
2. Federal Reserve Chairman Powell delivered a speech 3 hours later
📈 Market analysis:
At the 4H level: the Bollinger Band opening is enlarged, the MACD indicator double-line death cross is downward, the short-selling force is strengthened, but the RSI indicator rebounds after being oversold. Overall, there are obvious signs of a rebound in gold prices. At the hourly level: the gold price is in a downward channel, the Bollinger Bands are expanding, the MACD indicator is dead cross and the red bars are converging, and the short momentum has weakened. The RSI indicator rebounds from oversold, and the demand for spot gold rebounds is obvious. Therefore, we still hold long orders near 3320 in the short term. Short-term operation suggestion: go long when it stabilizes at 3325-3315, pay attention to the resistance range of 3370-3380 on the upside, and consider shorting when encountering resistance and pressure.
🏅 Trading strategies:
BUY 3325-3315
TP 3335-3345-3365
SELL 3370-3380
TP 3340-3330
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
Gold continues to decline, can it still change the trend?Information summary:
Will the Fed cut interest rates in July? The latest statements of Fed officials have released a heavy signal. Fed Governor Michelle Bowman said that as long as inflationary pressures remain moderate, she will support a rate cut at the next policy meeting in July. At the same time, Trump has continued to put pressure on the Fed.
Next, investors need to pay attention to the testimony of Fed Chairman Powell on the semi-annual monetary policy report to the House Financial Services Committee today.
Market analysis:
Gold fell sharply today, directly breaking the key support level of 3350. From a 4-hour perspective, the MA moving average shows a short trend arrangement, and the MA5\10 moving average crosses the MA20/30 long-term moving average downward, which indicates that the short force is dominant. In addition, the RSI indicator also fell rapidly and entered the oversold area, but this may also suggest that prices have a rebound trend in the short term.
I think the current market price decline trend is more obvious, unless there is significant positive data, the gold price may continue to decline.
Weakness continues, continue to short the bear market📰 Impact of news:
1. Pay attention to Powell's speech in New York
2. Pay attention to geopolitical influence
📈 Market analysis:
Gold opened lower and showed a weak situation. The 1H moving average was arranged downward. In the short term, bears still occupied the main trend. From the 4-hour analysis of gold, the bulls still had repeated resistance before breaking down. Once it breaks down, the market will go further bearish. Pay attention to 3330 below. 3400 is still the key above in the short term. Only by breaking through the bulls can the rebound continue. In terms of operation, high-altitude and low-long are temporarily maintained. Pay attention to the short-term resistance of 3355-3365 above, and the support of 3340-3330 below. Pay attention to the breakthrough! Pay attention to Powell's speech in the New York session.
🏅 Trading strategies:
SELL 3370-3365-3355
TP 3340-3330
BUY 3340-3335-3320
TP 3345-3355-3365
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
Bearish Continuation Pattern Detected on GOLD/USD Bearish Continuation Pattern Detected on GOLD/USD 📉
📊 Chart Analysis Summary:
The GOLD/USD chart shows a clear bearish continuation pattern, following a rejection from a major resistance zone.
🔍 Key Technical Highlights:
🔺 Resistance Zone:
Strong resistance at 3,420 – 3,440 USD, marked by multiple rejections (🔴 red arrows).
Price formed a Bearish Harmonic Pattern (likely a Gartley or Bat), suggesting reversal from this resistance.
🔻 Bearish Momentum:
After the pattern completed, price broke below the minor support structure and is currently forming lower highs and lower lows, indicating bearish structure.
📉 Support Level:
Strong horizontal support zone around 3,298 – 3,300 USD, marked as “TARGET.”
This area was previously tested (🟠 orange circles) and now projected to act as a target level again.
🔄 Minor Retracement Zone:
Expecting a minor pullback to 3,347 USD (purple line) before potential continuation downward.
This zone aligns with the previous support turned resistance (classic SR flip).
🎯 Target Projection:
Based on the bearish impulse and measured move, the projected target is around 3,298.758 USD, which coincides with the previous support zone.
📌 Conclusion:
The price action suggests a high-probability bearish continuation, targeting the 3,298 USD zone unless the price breaks and holds above 3,347 USD. Traders may consider selling on rallies with a confirmation of rejection at resistance.
📉 Bias: Bearish
📍 Invalidation: Break and daily close above 3,347 USD
📉
📊 Chart Analysis Summary:
The GOLD/USD chart shows a clear bearish continuation pattern, following a rejection from a major resistance zone.
🔍 Key Technical Highlights:
🔺 Resistance Zone:
Strong resistance at 3,420 – 3,440 USD, marked by multiple rejections (🔴 red arrows).
Price formed a Bearish Harmonic Pattern (likely a Gartley or Bat), suggesting reversal from this resistance.
🔻 Bearish Momentum:
After the pattern completed, price broke below the minor support structure and is currently forming lower highs and lower lows, indicating bearish structure.
📉 Support Level:
Strong horizontal support zone around 3,298 – 3,300 USD, marked as “TARGET.”
This area was previously tested (🟠 orange circles) and now projected to act as a target level again.
🔄 Minor Retracement Zone:
Expecting a minor pullback to 3,347 USD (purple line) before potential continuation downward.
This zone aligns with the previous support turned resistance (classic SR flip).
🎯 Target Projection:
Based on the bearish impulse and measured move, the projected target is around 3,298.758 USD, which coincides with the previous support zone.
📌 Conclusion:
The price action suggests a high-probability bearish continuation, targeting the 3,298 USD zone unless the price breaks and holds above 3,347 USD. Traders may consider selling on rallies with a confirmation of rejection at resistance.
📉 Bias: Bearish
📍 Invalidation: Break and daily close above 3,347 USD
GOLD Intraday Chart Update For 24 June 2025Hello Traders, As you can see that GOLD fell sharply this morning due to Israel- Iran Cease fire scenario
Further more FED Chair POWELL Testifies Starts from Today and end on Tomorrow make sure to manage you trading accordingly
Right now GOLD is in Strong Bearish Trend only clear Breakout of 3368 level for the day below this market remains Bearish
All eyes on 3300 Psychological Digit for now if market breaks 3300 Successfully then it will move towards 3250 soon
Disclaimer: Forex is Risky
Gold, Will USA-Iran-Israel conflict affect it? The USA-Iran-Israel conflict can significantly impact gold prices. Gold is a safe-haven asset, so demand often rises during geopolitical tensions, pushing prices up
3406 gonna be first target for me, if it breaks this lvl with huge volume and FVG on 1h+ then most likely we will see ATH in near future
bearish scenario(lest likely) - price breaks down 3340 and close with nice volume and fvg on 1h+ which will open move all the way down to MO
Iran and Israel ceasefire? Gold price falls and adjusts
📌 Gold information:
Gold prices continued to be well supported during the North American trading session following the breaking news of Iran's retaliatory attack on the US military base in Qatar. The escalation was a response to Washington's weekend attack on Iran's nuclear facilities. As geopolitical tensions in the Middle East dominated the headlines, investors largely ignored US economic data
Macroeconomic indicators have taken a back seat as the intensification of the conflict has affected market sentiment. Arab TV cited Israeli media reports that Iran used missiles to attack US bases in Qatar, Kuwait and Iraq. In further escalation, Tehran approved the closure of the strategic Strait of Hormuz and launched more missiles at Israeli targets, which amplified the safe-haven demand for gold.
The situation in the Middle East has mixed signals. Trump announced a "stop" to the Iran-Israel conflict, while the exchange of fire between the two sides continued, and the proportion of gold longs fell back
📊Commentary Analysis
Gold prices responded to the reduction of positive news on peace in the Middle East and continued to rise.
💰Strategy Package
Short when the price rebounds to around 3370, stop loss at 3480, target at 3350-3388 points
Long around 3310-3320, stop loss at 3300, target at 3360-3368 points
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
Gold Price Analysis June 24Quite a surprise with a price gap down at the beginning of the day. A sweep to 3333 and a recovery to increase again in the Tokyo trading session.
This recovery to increase completely breaks the market's bullish wave structure.
3363 and 3335 are being watched in the Asian and European trading sessions today. This zone can be traded short-term in the sideways range. The SELL zone pays attention to the opening gap at 3368.
The upper range has some adjustments compared to yesterday in the direction of decreasing prices, so the SELL range 3386 and 3410 is being watched for trading. Support is still held as yesterday at the 3322 and 3296 zones.
6.24 Gold safe haven fades and gold falls
Technical aspect: After the gold price hit the 3400 integer mark overnight, it fell rapidly under the impetus of negative news. The overall fluctuation range is still within the 3330-3400 range we expected. This shows that the current market dominated by news lacks continuity. We make a golden section of the high and low points of the overnight decline to the current level, and the current position of 0.618 is 3370.
Pressure level: 3370\3375\3400
Support level: 3330\3300
Israel and Iran have a truce. Gold fluctuates sharply.Information summary:
Trump said on Truth Social that Israel and Iran have fully agreed and there will be a complete and thorough ceasefire. (About 6 hours from now, when Israel and Iran have finished and completed the last mission they are doing!).
After 12 hours, the war will be considered over. Iran will start a ceasefire first, and after the 12th hour, Israel will start a ceasefire, and 24 hours later, the world will salute the official end of this 12-day war.
Senior Iranian officials have confirmed that Tehran has agreed to a US-proposed ceasefire with Israel brokered by Qatar.
Market analysis:
From the current point of view of gold, the news market has been digested in the early Asian market, and gold has also fallen to around 3330. Now it is obvious that there may be a bottoming rebound.
But from the trend point of view, gold is still in the short position, and 3380 and 3400 have not been stabilized.
Judging from the current hourly chart, gold is likely to rebound to 3370-3380. Then it will quickly fall from this position to the early trading low of 3330. At the same time, we can also see that the trend near 3378 is at the Fibonacci 0.382 position. Moreover, the previous trend also rebounded from 3330 to 3380, and then fell back again.
So we need to be patient and wait for the price to rebound before going short. Of course, we can also choose an aggressive long strategy. Of course, we can also choose an aggressive long strategy.
Operation strategy:
Short near 3380, stop loss 3390, profit range 3350-3330.
Long near 3345, stop loss 3335, profit range 3370-3380.
XAUU-USD chart it will go back upwardXAUUSD Buy Setup Active 🟢💰
Gold is holding strong above key support – currently trading at 3355. We’ve entered a Buy position expecting continued bullish momentum in the market.
📍 Entry: 3355
🎯 Targets: 3420 – 3450 – Final Target 3400
🛑 Stop Loss: 3325 (below recent structure low)
With global uncertainty and technical strength aligning, this move could push gold higher in the coming sessions.
Stay alert, manage risk, and follow the trend until reversal confirmation. 🧭📈
#XAUUSD #GoldTrade #ForexTrading #BuySetup #TradingViewAnalysis #MarketUpdate
Gold Trading Strategy June 23The last two D1 candles have continuously drawn out the wicks. The Sellers may no longer be interested in dominating the market.
Currently, Gold is moving sideways in a wide range. 3345 and 3375 are the two Breakout zones of the gold price in today's trading day. When breaking out of the breakout zone, the price will continue its strong trend. Limit trading against the trend when the price breaks out.
Trading signals may also appear if there is confirmation from the candle that does not break out of this breakout zone.
Resistance and support zones remain the same as last week.
Resistance 3400-3415-3443
Support 3322-3296
Break out: 3375-3345
Recommended good trading signals
SELL 3399-3401 Stoploss 3405
BUY 3322-3320 Stoploss 3306
USDJPY Trading StrategyUSDJPY is looking to break the resistance zone of 147,000. The current bullish force of USDJPY is too strong, so jumping in to catch the top at the present time will be quite risky. If you want a SELL signal, you must wait for the confirmation of the sellers jumping into the market by the confirmation of the red closing m30 candle.
There will be a beautiful SELL signal if the h4 candle shrinks its wick below 147,000. If it closes above the SELL point, you must wait for 148,100, or if you want to BUY, wait for the retest and create a beautiful bullish wave in the small time frame.
On the other hand, if the currency pair declines back to the support zone of 146,000 and 145,200, it will give us a long-term BUY signal.
Support 146,000-145,200
Resistance 117,100-148,100
Gold price analysis June 23The last two D1 candles have continuously withdrawn their wicks. The Sellers may no longer be interested in dominating the market.
Currently, Gold is moving sideways in a wide range. 3345 and 3375 are the two Breakout zones of the gold price in today's trading day. When breaking out of the breakout zone, the price will continue its strong trend. Limit trading against the trend when the price breaks out.
Trading signals may also appear if there is confirmation from the candle that does not break out of this breakout zone.
The resistance and support zones remain the same as last week. The upper limit is at 3400 and 3415. The lower limit is still at 3322 and 3296
GOLD- at CUT n REVERSE Region? What's next??#GOLD - perfect drop after Iran Israel casefire and now market just reached at his current ultimate swing region.
That is around 3343 to 3346-47
Keep close that region and only hold buying positions above tha.
NOTE: we will go for cut n reverse belowt that in confirmation .
Good luck
Trade wisely
Gold bottoms out and tests resistance, long positions at night📰 Impact of news:
1. Bowman hinted at a July rate cut
2. Fed Governor Kugler and FOMC permanent voting member and New York Fed President Williams hosted the "Fed Listening" event.
📈 Market analysis:
Gold will maintain a short-term volatile trend. Although the United States intervenes in the conflict between Iran and Israel, the geopolitical situation will affect the market trend to a certain extent. However, the remarks of Federal Reserve Board member Bowman hinting at a rate cut in July have eased market volatility to a certain extent. Gold maintains a narrow range of fluctuations at the 4H level, and the technical pattern is gradually adjusted. The K-line stands firmly on the short-term moving average. The short-term trend shows that it is necessary to observe the second opportunity for pull-up after the confirmation of the retracement. At the hourly level, the short-term moving average diverges upward, and the short-term volatile and strong pattern is maintained. In the evening, pay attention to the upper resistance area of 3395-3405, focus on the suppression of the 3405 line, pay attention to 3375-3365 below, and further pay attention to the 3345 support line if it breaks through.
🏅 Trading strategies:
SELL 3385-3395-3405
TP 3370-3365-3345
BUY 3375-3365-3355
TP 3390-3400-3405
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
XAU/USD Double Bottom Breakout Bullish Momentum Incoming!XAU/USD Double Bottom Breakout 💥 | 🚀 Bullish Momentum Incoming!
Analysis:
🟡 Double Bottom Pattern: Two clear lows have formed around the $3,340 support, signaling a potential reversal.
🟦 Accumulation Zone: The price consolidated in a range, indicating strong buying interest before the breakout.
🟣 Bullish Momentum: Recent aggressive bullish candles show strong buying pressure.
📈 Breakout & Retest Zone: If the price holds above $3,370, a bullish continuation toward $3,409 and possibly $3,445 is expected.
🧭 Target Area: Marked with a blue box, the upside potential is clearly projected.
Conclusion:
A successful retest of the breakout level may lead to a strong bullish run. Keep an eye on $3,370 as the pivot zone. 🎯
Conflict breaks out, risk aversion rises, can 3400 be broken?Bowman's dovish comments in the afternoon eased the market, by which time risk aversion was deepening as sudden geopolitical conflicts continued to deepen. Will the USA make a corresponding response to this matter? This series of events has once again put gold into a complicated situation. Can gold hit the 3,400 mark today?
Free trading strategies are updated daily🌐. All trading strategies released since this month have been verified and can serve as a good reference📈.👇 I sincerely hope that these strategies can be helpful to you👇.
OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
Gold Market Analysis: Key Levels and Trends 23/June/2025 Core Themes
1. Geopolitical Drivers: Escalating tensions in the Middle East, particularly U.S. airstrikes on Iranian nuclear facilities, are fueling gold's "flight to safety" narrative. Analysts anticipate sustained demand for gold amid potential regional conflict.
2. Technical Bullish Bias: Gold is in an uptrend, respecting key support levels and forming higher lows within an ascending channel. Breakouts above resistance (e.g., $3,439–$3,501) could validate further gains.
3. Correction vs. Continuation: While short-term pullbacks are expected (e.g., testing $3,320–$3,200), the broader bullish structure suggests corrections are temporary.
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Key Technical Levels
Support:
- Immediate: $3,320 (lower channel boundary)
- Deeper: $3,200 (critical level; break could extend corrections)
Resistance:
- Short-term: $3,378–$3,382 (upper channel boundary)
- Mid-term: $3,439 (previous resistance; target for bullish continuation)
- Long-term: $3,501 (potential next resistance; requires strong momentum)
Fibonacci Retracements:
- 23.6%: $3,360–$3,370 (support zone for long entries)
- 50.0%: $3,400 (conservative take-profit target)
- 61.8%: $3,415 (key golden ratio level; likely Wave (5) peak)
- 100%: $3,435–$3,440 (aggressive target; upper channel line)
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Trade Setups & Strategies
1. Long Entry:
- Target: $3,400–$3,435 (Fibonacci extensions)
- Stop-Loss: Below $3,315 (break of key support)
- Entry Zone: $3,360–$3,370 (near ascending channel support and 23.6% Fib)
2. Bullish Confirmation:
- Breakout Above $3,378: Validates continuation toward $3,439 and $3,501.
- Volume Increase: Confirms strength at key levels (e.g., $3,360–$3,370).
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Risk Management & Key Risks
- Stop-Loss Placement:
- Longs: Below $3,315 (protects against deeper corrections).
- Shorts: Above $3,350 (avoids false breakouts).
- Volatility: Monitor geopolitical developments (e.g., U.S.-Iran escalation) that could trigger rapid price swings.
- Correction Risks: If gold fails to hold $3,320, a drop to $3,200 may occur, requiring tighter stops.
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Fundamental Outlook
- Safe-Haven Demand: Rising tensions are likely to sustain gold's appeal.
- Inflation & Rate Outlook: Persistent inflation concerns and potential rate cuts (if economic data weakens) could further support gold.
- Negotiation Risk: De-escalation or Iran's concessions may pause the bullish momentum, leading to a reversal toward $3,340–$3,320.
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Conclusion
Gold is in a strong bullish phase, driven by geopolitical risks and technical structure. Traders should focus on buying dips near $3,320–$3,370 with targets toward $3,439–$3,501. However, monitor the $3,320 support and geopolitical developments closely. If the trend breaks, a retest of $3,200 could follow. Always use stop-losses to manage risk.
Final Note: The market is highly volatile, so position sizing and risk management are critical. Stay alert for news updates and technical confirmations (e.g., closes above $3,378)
GOLD ROUTE MAP UPDATEHey Everyone,
Great start to the week with our new 1H chart playing out to perfection!!!
We started with a gap on market open clearing our Bullish target. We then got our bearish target at 3348, followed with no ema5 cross and lock confirming the rejection into our bullish target 3376.
We now have ema5 cross and lock above 3376 opening 3395.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
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 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
3376 - DONE
EMA5 CROSS AND LOCK ABOVE 3376 WILL OPEN THE FOLLOWING BULLISH TARGETS
3395
EMA5 CROSS AND LOCK ABOVE 3395 WILL OPEN THE FOLLOWING BULLISH TARGET
3419
EMA5 CROSS AND LOCK ABOVE 3419 WILL OPEN THE FOLLOWING BULLISH TARGET
3440
BEARISH TARGETS
3348 - DONE
EMA5 CROSS AND LOCK BELOW 3348 WILL OPEN THE SWING RANGE
3330
3306
EMA5 CROSS AND LOCK BELOW 3306 WILL OPEN THE SECONDARY SWING RANGE
3288
3271
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