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Goldprediction

GOLD DAILY CHART ROUTE MAPHey Everyone, Following up on our previous analysis, price action has continued to respect our Goldturn channel beautifully. After the strong move to 3272, we saw another push toward the channel top near 3433. This time, the ascending movement to the channel top was completed perfectly, hitting inline with our 3433 axis target. The key takeaway here is that the channel levels are being respected with precision, validating the strength and reliability of our Goldturn channel framework. 3272 continues to provide solid support, and price remains well-contained within our defined range, reaffirming our strategy of buying dips near the lower end rather than chasing strength at the top. We will now look for a break above the channel and then support to form above the channel top to confirm a continuation higher. However, failure to lock above the channel will likely result in a rejection back into the range, reinforcing the significance of these key levels. We remain focused on trading within this structure, using our weighted Goldturns to guide entries on the lower timeframes (1H and 4H). As long as the range remains intact, we’ll continue to target quick 30–40 pip intraday moves while keeping an eye out for a breakout setup. This is the beauty of our Goldturn channels, drawn using weighted averages rather than pure price action. This method helps us filter out noise and stay on the right side of the market, avoiding common traps. Keep a close eye on how price behaves around 3272 and 3433. A clean break and sustained hold above the channel top could shift the game, but until that happens, we stick to the range plan. Let’s stay patient and disciplined. Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Following up on last week’s chart update, we saw another perfect test of the channel top, right in line with our Goldturn Channel expectations. The new weekly candle completed the channel top challenge with precision. Our weekly chart idea is now playing out perfectly. We continued to get strong support above 3281, followed by another hit onto the 3387 channel top. But this time, we got something new: a body close above 3387, which confirms the gap to 3482 as active. We’ll now look for that 3482 target to be hit, ascending inline with the channel top. Any rejection around these upper levels will likely see price retrace to find support at lower Goldturn levels. These are opportunities we’ll be watching closely to buy back in. Price action remains well-contained between 3281 and 3387, but with that recent close above 3387, we’re now shifting focus toward higher expansion. The structure is rising, and the channel is guiding price beautifully, offering more room for smart, calculated positioning. As long as we hold above the half-line and especially above 3281, we stay in buy-the-dip mode, favouring long setups from intraday Goldturn zones for quick 20–40 pip scalps or more extended swing entries when structure permits. Should we see a failure to maintain above 3387 or a close back below 3281, we’ll reassess potential movement toward the lower channel boundary. Until then, the structure remains bullish within the channel and price is following our path perfectly. The Goldturn methodology continues to prove its worth, cutting through noise, filtering out the fake outs, and keeping us on the right side of the market. Stay sharp, stay patient. MR GOLD GOLDVIEWFX
O
by Goldviewfx
3
The situation escalates, and gold rises again.Information summary: Israel issued a statement: The attack on Iran has been completed. All Israeli Air Force pilots and crew members who participated in the attack on Iran returned to the base unscathed. Iran issued a statement: The attack could not have happened without the coordination and permission of the United States. The United States is responsible for the consequences of the Israeli air strikes. The unpredictable international situation has caused the price of gold to continue to rise after retreating. New forecast: After a strong rebound in the 3338 shock area and forming a high point, it is currently in a clear upward channel. The recent breakthrough of the 3398.4 area indicates that the trend will continue and point to the resistance line near 3465. At present, the price is testing the trend line that broke above, which may become a springboard for the next round of rise. Buy trigger point: rebound from near 3405, with strong trading volume. Risk attention: The possibility of triggering a false breakout trap near 3440. If gold loses the 3380-point trend line, its momentum may stagnate. Broader macro data could overtake technical support near resistance levels.
OLong
by Quaid-1
GOLD/USD Bullish Breakout PotentialGOLD/USD Bullish Breakout Potential 🚀📈 🔍 Chart Analysis (June 15, 2025): The GOLD/USD price action shows strong bullish momentum after a successful breakout above the previous resistance zone (now turned support) around $3,400. This level had previously acted as a key resistance multiple times (evidenced by the price rejection in early June), but has now been flipped into a support zone. The chart highlights two major elements: 📌 Key Highlights: ✅ Support Zone: The $3,390–$3,410 range is now a confirmed support area after price broke above and retested it. This zone was previously tested multiple times (marked by arrows) and is expected to act as a launchpad for further upside. 🎯 Target Point: The projected bullish target lies in the $3,610–$3,640 range. This level has been highlighted as a potential area where price might face resistance again. 📈 Bullish Projection: A bullish continuation is expected if the price remains above the $3,400 level. The chart suggests a possible pullback to support before continuation towards the target zone. ⚠️ Technical Outlook: As long as price holds above support, the bias remains bullish. A drop below $3,390 would invalidate this bullish scenario and call for reassessment. Conservative entry may wait for a confirmed bounce from support. 🔮 Summary: Bullish bias is active for GOLD/USD with a short-term target around $3,620. Watch the $3,400 support closely for confirmation of the upward momentum.
TShort
by MrStellanSight
1
Analysis of gold price trend next week!Market news: Weak U.S. inflation data released earlier this week reinforced expectations that the Federal Reserve will cut interest rates, increasing the appeal of spot gold. It hit a two-month high. The geopolitical tension in the Middle East has caused investors to flock to safe-haven assets. Earlier, Israel's air strikes on Iran have once again raised concerns about a wider conflict in the Middle East. In terms of physical gold, demand in major Asian centers weakened this week due to a sharp rise in prices, and the Indian gold price broke through the important psychological level of 100,000 rupees. As geopolitical tensions in the Middle East intensified over the weekend, gold prices may continue to benefit from risk aversion next week, and London gold prices are expected to target $3,500/ounce at the beginning of next week! Next week will also be affected by the Fed's decision and Powell's speech. In addition, U.S. President Trump will visit Canada from June 15 to 17 to attend the G7 Leaders' Summit. His speech at that time may also affect the fluctuation of international gold prices, which is worth paying attention to. Technical Review: From the market point of view, the overall bottoming and rebounding trend of gold this week has undoubtedly laid a strong foundation for buying. It is understandable to follow the trend and rise. However, since the gold price fell back at the end of the week and closed near 3433, I think it is necessary to make a short-term decline judgment on the market trend at the beginning of the week. As the gold price continues to rise, various graphics have formed very obvious and strong support, among which the 3419 line and the 3400 mark shown by the upper track of the daily Bollinger Band are the most important. Once the gold price can stabilize above this area today, the daily support will definitely continue to rise, which will also lay a more favorable foundation for buying to steadily hit new highs. Combined with the risk aversion demand caused by risk events, it is not an exaggeration to expect the gold price to approach the 3500 mark next week! But if the short-term reversal is sold, the 3400 mark is taken, and the daily MACD indicator forms a dead cross green column and continues to increase in volume, then the possibility of selling down to the daily 5-day moving average will be increased. However, whether this possibility can be realized needs to be judged in combination with more factors. After all, the overall trend of gold is still rising. If the adjustment is too strong, it will not only break the trend, but also cause the gold price to fall into a weak trend below 3400 in the short or medium term. Next week's analysis: Gold rose again on Friday under the stimulation of risk aversion. Gold was directly bought at 3413 on Friday, and the circle of friends also directly prompted to buy. Gold rose and harvested as expected. Gold has been shrouded in risk aversion in the Middle East these two days. In the short term, the trend of gold is still supported by risk aversion, and it may go up a level. If risk aversion is not relieved at the weekend, it will continue to buy next week. At present, the risk aversion sentiment of gold is constantly escalating, and buying is also strong and irresistible. So before there is a significant change, it is to continue to buy to the end, and the rise is not a top, and go with the trend. Gold's 1-hour moving average is still a golden cross with upward buying divergence, and the buying power of gold is still there! After the rise of gold's safe-haven, gold adjusted sideways in the short term, but it is still oscillating strongly at a high level. Now it is still in the process of rising. If there is no bad news to make gold fall and break, then the short-term volatility of gold is an adjustment in the process of rising, and it will continue to rise at any time. After gold buying breaks through 3400, gold buying sticks to the 3400 line, so if it falls back to 3400 next week, it will continue to buy on dips. If the risk aversion of gold eases and falls below 3400, then we may readjust our thinking. Operation ideas: Buy short-term gold at 3405-3408, stop loss at 3396, target at 3450-3470; Sell short-term gold at 3457-3460, stop loss at 3469, target at 3420-3400; Key points: First support level: 3422, second support level: 3405, third support level: 3390 First resistance level: 3446, second resistance level: 3458, third resistance level: 3472
OLong
by NuggetsWarriors
Adjustment over? Uptrend coming?Information summary: A new round of air strikes by Israel against Iran on Friday has significantly escalated the conflict in the Middle East. Investors have quickly poured into traditional safe-haven assets such as gold, U.S. Treasuries and the Japanese yen. The market's current first choice for hedging geopolitical risks is gold, not the U.S. dollar. The U.S. dollar index rebounded slightly this week, but it has not become the main target of safe-haven fund flows, and gold has dominated the flow of safe-haven funds. Although risk aversion has become the main theme of the gold market this week, the Fed's policy trends are still the core variable affecting the long-term direction of gold prices. In this week's FOMC meeting, the Fed kept interest rates unchanged and hinted that it may only cut interest rates once this year. But Powell also pointed out that future policies will still depend on data, leaving speculation about reversals. Market traders generally believe that if the future inflation data falls more than expected or the job market slows down, the Fed's stance may turn dovish again, and gold prices may therefore gain new upward momentum. Trend analysis for next week: The weekly bullish trend extends, and there is still a lot of room for growth. After a round of decline last week, the weekly line closed this week again in a very strong position, and the daily rising trend channel resumed its operation. From the market alone, the gold price trend has been stabilizing above the middle track, and the bulls continued to line up at the opening of Monday. From the indicators, the middle track has been extending upward. Since May, the price has continued to create highs in the rising channel and has a tendency to challenge the historical high position of 3500, indicating that there is still room for upward movement in the short term. From the 1-hour chart, the price rose to 3447 and then made a short-term correction to 3420, and the correction has been sufficient. 3420-3415 forms the most important support area. If this position is touched, it is an opportunity for long trading; but the price may not fall back to the support line and rise directly. Before breaking the important neckline, no short strategy will be adopted at the beginning of next week. We can patiently wait for the opportunity to go long after the correction. Operation strategy: Buy at 3415-3420, stop loss at 3410, profit range at 3450-3455.
FLong
by Quaid_1
Gold price is sure to make ATH in the new weekGold confirms a long-term uptrend. The ATH 3500 zone is likely to have a reaction before 3490. Any pullback in Gold next week is still considered a good opportunity to Buy Gold. And the bullish price gap is likely to continue on Monday. 3495 and 3345 are accumulated with many people waiting to Buy there, setting up a Buy signal with SL 10 price at the weekly support and resistance zones. The possibility of breaking ATH next week is very high Support 3393-3345 Resistance 3490
O
by VHT_Trader
4-Hour Analysis for XAUUSD (14 June 2025)4-Hour Analysis: The Bigger Picture Price Action & Market Structure Current price is at $3432.835. The market has printed a higher high above the previous swing at ~$3425. Last Break of Structure (BOS): Occurred to the upside at ~$3412. Recent CHoCH (Change of Character): None yet to the downside—bullish structure still intact. Conclusion: Bullish Market Structure is dominant. Fibonacci Levels Measured from the swing low at $3362 to the recent swing high at $3437: 38.2% retracement: ~$3410 50% retracement: ~$3399 61.8% retracement: ~$3388 These are our retracement zones where demand is likely to step in. Smart Money Key Concepts Imbalance: Clean imbalance exists between $3408–$3415. Bullish Order Block (OB): 4H candle at $3394–$3402 Liquidity Grab: Sweep below $3411 (old low) before reversal signals smart money accumulation. Premium/Discount Zone: Current price is above 50% of last impulse → In premium zone (better to look for sells here until retracement). Key Zones (Interaction Points) Buy Zone Cluster (Discount Price) Zone A (OB + 61.8% + Liquidity Pool) → $3385–$3402 Zone B (Imbalance + Fib 50%) → $3408–$3415 Sell Zone Cluster (Premium Price) – for retracements Zone C (Last Supply + Swing Highs) → $3437–$3445 Zone D (Rejection Block + Liquidity Above) → $3455–$3462 4-Hour Bias: Bullish We are in a bullish continuation phase. Ideal trades are buys from demand zones, aiming for new highs or liquidity sweeps above swing points. Zoom-In: 1-Hour Chart – Trade Setups Setup 1: Buy from Demand + OB Reaction Entry Zone: $3394–$3402 Direction: Buy Stop-Loss: $3384 Take Profit 1: $3430 Take Profit 2: $3445 Trigger Condition: Bullish engulfing or bullish BOS on 15-min chart after liquidity grab into the zone. Reason: Overlap of OB, 61.8% fib, and clean liquidity pool below $3400. Setup 2: Buy from Imbalance Tap Entry Zone: $3408–$3415 Direction: Buy Stop-Loss: $3398 Take Profit 1: $3432 Take Profit 2: $3440 Trigger Condition: CHoCH on 15m with FVG fill (imbalance closes with bullish follow-through). Reason: Bullish continuation with low-risk entry within imbalance zone and close to 50% fib retracement. Setup 3: Short from Supply Zone for Retracement Entry Zone: $3455–$3462 Direction: Sell Stop-Loss: $3472 Take Profit 1: $3432 Take Profit 2: $3415 Trigger Condition: Bearish engulfing or 1H CHoCH inside the zone. Reason: Price likely to grab liquidity above highs before retracing; this is a countertrend scalp within premium pricing. Final Takeaway: “Stay bullish on Gold while it’s above $3394—but let price correct into demand before looking to join the trend.”
O
by Tami512
GOLD D1 Chart Shorter Term UpdateHello Traders, Gold D1 Chart just shared with you with crucial zone for now GOLD is facing war scenarios and keep goin in Buy Direction further you may check Israel & Iran War updates time to time for the latest scenarios All eyes on for now 3500 Psychological Level we may expect some selling from 3500 but keep in mind but if war scenarios gets heat up then GOLD will may rise towards 3600/3700 or 3800 Psychological Levels for downside only if market breaks below 3400 Psychological then it will move towards 3350 or even 3300 Psychological Level Disclaimer: Forex is Risky
O
by forexmoneya
Gold trading strategy june 13Yesterday's D1 candle was bullish, confirming the continuation of the uptrend. Following that uptrend, the Asian session saw a strong price increase to a high of 3443. If there is still confirmation from the h4 candle above 3397, today will still be a bullish candle with a large amplitude at the end of the day. After reaching a monthly high, Gold is in a bearish correction at the end of the Asian session. This correction will last until it touches the support level of 3397, which is a good BUY signal. The target for BUY signals will be 3364 and this area will have a profit-taking reaction from Buyers, causing the price to fall. Gold may touch the pre-ATH level of 3394 and there will be a reaction. On the other hand, there is a sweep to 3376, which is considered a daily support zone and you can buy in this area. Support: 3398- 3376 Resistance 3464-3495
OLong
by VHT_Trader
6
"XAU/USD Bearish Setup: Rising Channel Breakdown AnticipatedPrevious Resistance Zone (Red Rectangle): The chart shows a clear resistance zone between ~3,340 and ~3,370 USD. Price was rejected sharply from this zone earlier (marked by the large blue dot at the swing high). Current Rising Channel (Blue Channel): A rising wedge or ascending channel is forming, typically a bearish continuation pattern when found in a downtrend. Price is currently testing the upper boundary of this pattern. Bearish Projection (Red Path & Arrows): The chart creator expects a rejection from the top of the channel, leading to a breakdown and a move toward the next key support at ~3,246.94 USD. A large red arrow and projected box highlight the short setup zone with an implied favorable risk/reward ratio. Support Target: Blue horizontal line at 3,246.94 marks the next significant support level, likely a take-profit target for short sellers. Macro Factors: Three small icons indicate upcoming U.S. economic events, possibly influencing XAU/USD volatility and confirming the move. ✅ Summary: Bias: Bearish Pattern: Rising Channel (bearish structure) Entry Zone: Around 3,350–3,360 USD (top of channel) Target Zone: ~3,246 USD Risk: Invalid if price closes strongly above the resistance zone (~3,370 USD)
OLong
by ZareeFxTradingAac
Bulls are in control, and pullbacks are opportunities!Gold rose directly at the opening today due to risk aversion, reaching a high of around 3446.8. We successfully stopped profit twice when we went long. Subsequently, we also notified everyone to enter short positions at 3445 and exit with profit at 3425. Pay attention to the support situation at 3395-3408. Going long on pullbacks is still the main trend at present. From the current gold trend analysis, today's gold mid-line pulled up and broke through and stood above the 3400 mark to further continue its strength. The short-term support below is around 3310-3408, and the key support below is around the recent top and bottom conversion position of 3395-3405. The intraday pullback relies on this position to continue to be bullish and the short-term bullish dividing line moves up to 3345-3350. The daily level stabilizes above this position and continues to maintain the trend of low-long rhythm. Be cautious about short orders against the trend. I will give you tips on specific operations, and pay attention in time. Gold operation strategy: Buy gold when it falls back to around 3395-3405, and target around 3425-3440. If it is strong, continue to buy gold at the support of 3410-3408. When operating, be sure to strictly set stop loss, strictly control risks, and respond to market fluctuations steadily.
OLong
by TP_Daniel
Gold will inevitably fall after risingGold has risen sharply due to the violent geopolitical conflicts and the surge in risk aversion. It once reached around 3445, but in the process of falling back, it only touched 3408 and rebounded again, stabilizing above 3400. It is obvious that due to the changes in fundamentals, the sentiment of gold bulls is high; although the upward momentum of gold near 3440 has weakened, there is no clear signal of peaking yet! For short-term trading, it is relatively difficult to participate at present. To be honest, I naturally don’t want to chase gold at a high level; but there are no more signals to support me to short gold for the time being. However, with the rebound of gold, the current short-term support below is in the 3425-3415 area, followed by the psychological support of the 3400 integer mark; and the short-term resistance above is in the 3455-3465 area, followed by the area near 3480. Compared with the profit and loss ratio, I prefer shorting gold for short-term trading, because gold has performed relatively strongly in the London market. Logically, gold will have the inertia to rise in the New York market, so I think gold may rise and then fall in the New York market, so my current plan is to try shorting gold starting in the 3455-3465 area. Because the changes in gold's fundamentals are more extreme and complex, you must set up SL when participating in transactions.
OShort
by Steffen_Schade
Bull market continues? Beware of the possibility of a pullback📰 Impact of news: 1. The geopolitical situation between Israel and Iran deteriorates 📈 Market analysis: In the short term, gold is expected to rise further. Relatively speaking, there is still room for further increase. If it continues to rise today, it depends on the test of 3440 points, which is the opening position of the previous decline. In the short term, pay attention to the 3340-3350 resistance. If it can break through and stay above it, the 3468-3493 line we gave in the morning can still be used as a reference, and it is even expected to reach 3500. But at the same time, the RSI indicator in the hourly chart is approaching the overbought area, so we still need to be vigilant about the possibility of a pullback. 🏅 Trading strategies: SELL 3440-3450 TP 3430-3420 BUY 3415-3400 TP 3420-3440 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
OShort
by AllenBoswell-2
GOLD ROUTE MAP UPDATEHey Everyone, Great finish after completing each of our targets throughout the week with ema5 lock confirmations on our proprietary Goldturn levels. Yesterday we finished off with 3388 and stated we would look for ema5 cross and lock above 3388 to open 3428 and failure to lock will follow with a rejection. - This played out perfectly with the cross and lock confirmation and then the target hit at 3428 completing the range. BULLISH TARGET 3318 - DONE EMA5 CROSS AND LOCK ABOVE 3318 WILL OPEN THE FOLLOWING BULLISH TARGETS 3352 - DONE EMA5 CROSS AND LOCK ABOVE 3352 WILL OPEN THE FOLLOWING BULLISH TARGET 3388 - DONE EMA5 CROSS AND LOCK ABOVE 3388 WILL OPEN THE FOLLOWING BULLISH TARGET 3428 - DONE 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 GoldViewFX
O
by Goldviewfx
6
War triggers a surge in gold prices 💡Message Strategy The situation in the Middle East escalated suddenly, and Israel announced a preemptive military strike against Iran, targeting facilities and military targets related to Iran's nuclear program. Explosions were heard in Tehran, the capital of Iran. Iranian state media confirmed that senior leaders of its Revolutionary Guard were killed in the attack, and nuclear scientists and military facilities were also severely damaged. At the same time, although the United States did not directly participate in the operation, it has entered a state of high alert, and the global crude oil and gold markets have fluctuated violently due to tensions. This sudden conflict not only made the Middle East tense, but also triggered widespread concerns in the international community about regional security and the impact on the global economy. The war has changed the recent volatility of gold. At present, gold has strongly broken through the 3,400 mark and accelerated its rise. 📊Technical aspects From the 4-hour analysis, the gold price rose in the middle line in the morning today and stood above the 3400 mark to further continue its strength. The short-term support below is 3400-3410, and the key support below is the recent top and bottom conversion position around 3375-3385. If it falls back and relies on this position, it will continue to be bullish. The short-term bullish strong dividing line moves up to the 3345-50 mark, with the target of 3500. The daily level stabilizes above this position and continues to maintain the same low-multiple rhythm. Short positions against the trend need to be cautious. 💰 Strategy Package Long Position:3410-3420,3430-3440
TLong
by TheodoreSilas
Gold Price Analysis June 13Yesterday's D1 candlestick increased, confirming the continuation of the uptrend. Following that uptrend, the Asian session saw a strong increase in price to the highest peak of 3443. If there is still confirmation from the h4 candlestick above 3395, today will still be a bullish candlestick with a large amplitude at the end of the day. After reaching the highest peak of the month, Gold is having a downward correction at the end of the Asian session. This correction lasts until the support of 3397 to have a good BUY signal. In case you want to SELL, you must wait for a 50% test of the previous full-force downtrend H1 candle (around 3434) and the continuation of the Selling side. If the 50% test does not appear, you must reverse to find a BUY Breakout point. Note that the False break at the peak of 3343 should wait for confirmation of the small-frame DOW wave to enter the order, which will be safer for this morning's break. If you get a BUY order, the target will be 3364 and this area will have a profit-taking reaction from the Buyers, causing the price to decrease. Gold may touch the threshold before ATH 3394 and there will be a reaction. In the opposite direction, there is a sweep to 3376, which is considered the daily support zone and you can buy in this area. All SELL signals are considered obstacles, so set a short target and a new BUY signal sets a long expectation.
OANDA:XAUUSD
by TVS-Trader
1
Oil prices soar after Israel attacks IranIsrael launched an airstrike on Iran in the early hours of Friday (June 13), targeting its nuclear facilities, ballistic missile factories and senior military commanders, once again escalating tensions in the region. The head of Iran's Revolutionary Guard was reportedly killed, and the military leader was not the only target. Six Iranian nuclear scientists were also killed in the attack. Iran has responded by launching more than 100 drones, some of which may have been intercepted by Israel's "Iron Dome" air defense system. The attack came as the United States and Iran were negotiating a new deal that could have allowed Iran to maintain a limited nuclear program in exchange for reduced sanctions on its oil exports. The next round of talks, originally scheduled for Sunday, has been canceled by Iran, although the United States claims that it was not involved in the night attack. Crude oil futures give up some early gains Oil prices soared after news of the attack broke. WTI and Brent crude futures initially jumped more than 10% before retreating, narrowing gains to nearly 6% during European trading hours. While there are no signs that Israel attacked any Iranian oil facilities, this major escalation has the potential to turn into something more nasty, such as a wider and more prolonged regional conflict. At the very least, the recent nuclear deal has been put on hold, which provides a floor for oil prices even if tensions ease in the coming days. Dollar rebounds from three-year low Safe haven assets, including the battered dollar, also rose, while stocks fell sharply. The dollar regained some of its appeal today and rebounded as geopolitical risks intensified. The dollar outperformed other safe haven currencies, including the yen and Swiss franc, despite rising expectations of a Fed rate cut after weak U.S. CPI and PPI data this week. However, the dollar may still face pressure in the long run: the trade war is not going to end in the short term, while Trump has again raised the possibility of intervening in Fed policy. On Thursday, Trump expressed his dissatisfaction with the government's annual $600 billion debt interest payments due to high interest rates, saying "I may have to take some coercive measures." His cryptic comments heightened market anxiety, coming a day after he said on Wednesday that countries would unilaterally set tariffs if no trade deal was reached by the July 9 deadline. Later today, the focus will turn to the University of Michigan's preliminary consumer confidence survey. Ahead of the data, the dollar rose about 0.3% against a basket of currencies, recovering from a more than three-year low hit yesterday. Yen edged higher ahead of Bank of Japan decision The yen was also positive today (except against the dollar), further boosted by a Bloomberg report that Bank of Japan officials expect inflation to be slightly higher than expected this year, even though markets expect no rate hike at next week's meeting. The June decision is likely to focus on the Bank of Japan's bond-buying program as markets worry that long-term yields have risen too quickly. But any slowdown in the reduction of bond purchases is likely to be accompanied by a more hawkish outlook on short-term rates. Gold shines as stocks avoid a sharp sell-off Meanwhile, gold prices broke through the $3,400 mark, heading towards April's all-time high of $3,500. If military tensions between Israel and Iran escalate further, the precious metal could well hit new records. In addition, heightened doubts about whether the U.S. can sign new trade deals with major trading partners in time for the next deadline also provide significant support for gold prices in the short term. The only surprise is that despite all the uncertainty, stock markets have been relatively resilient: Asian stocks fell less than 1% on Friday, while European stocks and U.S. futures are currently down 1%-1.5%. FX:XAUUSD CMCMARKETS:GOLD VELOCITY:GOLD VANTAGE:XAUUSD ACTIVTRADES:GOLD OANDA:XAUUSD
OLong
by Charlie_Analyst
1
GOLD SPOT (XAU/USD) 4H Analysis – Bullish Momentum Breakout🔔 GOLD SPOT (XAU/USD) 4H Analysis – Bullish Momentum Breakout 💥📈 📊 Overview: Gold has confirmed a strong bullish breakout from the consolidation zone, driven by sustained support and recent upward pressure. After rebounding from the MAIN SUPPORT zone around $3,200, price action has surged and successfully touched the 1st Take Profit (TP1) zone at $3,429. 🔍 Key Levels: 🟩 Main Support: $3,200 zone — held firm and acted as a launchpad for the bullish reversal. 📌 1st TP (Touched): $3,429 — resistance level has been tested and price is currently hovering near it. 🎯 Next Target (TP2): $3,504 — price is expected to approach this zone as bullish momentum continues. 📈 Technical Outlook: Price structure shows a clear higher low formation followed by a strong impulse breakout. Current momentum suggests bulls are in control, with volume and volatility increasing on the upward leg. As long as the price remains above the $3,366 short-term support, the bias remains bullish. 🛑 Risk Note: Watch for possible rejection near TP2. A failure to hold above $3,366 may trigger a pullback to retest lower zones. ✅ Conclusion: The bullish continuation scenario remains valid with potential to hit the $3,504 mark. Traders may look for long opportunities on pullbacks while maintaining tight risk management. 🔐📊
OLong
by VikingFx-Community
6
Gold/XAUUSD Possible Move 13 June 2025 The market continues to exhibit strong bullish momentum within a well-respected ascending channel. After an impulsive breakout to the upside, price is now retracing in a healthy corrective move, offering high-probability buying opportunities at two well-defined demand zones. 🔍 Technical Structure: Price is trending inside an ascending parallel channel, with clear respect for both the median and outer trendlines. A significant bullish impulse pushed price above previous local highs, suggesting institutional interest and continuation potential. Currently, price is retracing and approaching two key demand areas that align with bullish continuation setups. 🎯 Key Buy Zones: ✅ Zone 1: 3,408 – 3,412 Minor mitigating demand zone, likely to act as support if the market retraces slightly. Ideal for aggressive long entries if price shows confirmation (e.g., bullish engulfing, LTF structure shift). ✅ Zone 2: 3,380 – 3,385 Deeper unmitigated demand zone, aligned with a potential liquidity sweep and strong institutional support. Considered a high-probability entry area for larger impulse moves. 🌍 Fundamental Context: Recent geopolitical tensions in the Middle East, can lead to sharp intraday moves, with 100+ pip 5-minute candles not being out of the question. Given this backdrop, demand zones become critical areas for smart money entries as traders seek to align technical levels with macro drivers. 📈 Trade Signal: Bias: 🔵 Bullish Buy Zone 1: 3,408 – 3,412 SL: Below 3,395 TP: 3425, 3440, trail till 3,470 R:R: ~1:3 Buy Zone 2: 3,380 – 3,385 SL: Below 3,368 R:R: ~1:4 🧠 Final Note: Watch for price reaction at both zones. Use LTF confirmation before entry and respect your risk management. With news-driven volatility in play, quick movements are expected, offering excellent trade opportunities for prepared traders.
OLong
by QuinnReed_Charts
Gold Buy Setup📍 GOLD 4H BUY SETUP Price bounced perfectly off a major demand zone, reclaiming structure and pushing above the Ichimoku cloud — classic bullish confirmation. ✅ Entered at 3372 with a tight SL at 3331 🎯 Targeting 3499 — key buy-side liquidity resting above recent highs 📊 Risk-to-Reward: 1:3.18 (High probability setup) We’ve got: Strong volume surge off demand EMA support holding firm Structure break + reaccumulation 📈 Eyes on wave continuation — clean long into liquidity.
CLong
by jamesibartram
1
The summit is just around the corner, just one final push away!Gold closed sideways at a high level yesterday, and closed positive again overnight. It opened back to 3379 and pulled up strongly, breaking through the 3400 mark and then increasing in volume. The recent low-multiple bullish ideas have been realized. Today, there is no doubt that it will continue to be bullish and long. The market has turned from the previous sweeping upward to a strong unilateral trend. The upper side will first look at the previous high pressure of 3435. Continued breakthrough will further open up the upper space, or it will hit 3500 or even a new high again. The lower support focuses on the top and bottom conversion position of 3395-3405, and then pay attention to the 1H cycle support near 3410. Intraday operations are still mainly based on falling back and long. Operation suggestion: Go long when gold falls back to 3395-3345, and look at 3434 and 3450. If it is strong, continue to go long with the support of 3415-3410.
OLong
by TP_Daniel