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Gold May Pull Back Short-Term📊 Market Overview: After several strong bullish sessions, gold prices are under short-term pressure as geopolitical tensions in the Middle East temporarily ease and the US Dollar shows slight recovery. While expectations for a steady Fed policy remain, traders are locking in profits after gold tested the $3,445 resistance zone. 📉 Technical Analysis: Key Resistance: $3,445 – $3,460 Nearest Support: $3,394 – $3,380 EMA 09: Price has dropped below the 09 EMA, signaling a potential short-term bearish shift. RSI/Candles/Momentum: RSI is pulling back from overbought levels. A red candlestick pattern has emerged after a strong rally, suggesting a technical pullback may be forming. Trading volume is starting to decrease. 📌 Outlook: Gold may correct lower in the short term toward the $3,390–$3,380 support zone if it fails to reclaim the 09 EMA. However, the medium-to-long-term trend remains supported by safe-haven demand and dovish Fed expectations. 💡 Suggested Trading Strategy: SELL XAU/USD at: $3,440 – $3,445 🎯 TP: $3,420 ❌ SL: $3,455 BUY XAU/USD at: $3,390 – $3,395 🎯 TP: $3,410 ❌ SL: $3,380
OANDA:XAUUSDShort
by Mian-FXSignals
Gold, continued to rise after a pullback 📌 Driving events Israel and Iran launched a new round of attacks on each other on Sunday (June 15), exacerbating market concerns that the escalation of the war could trigger a wider regional conflict, and gold continued to receive support from safe-haven buying. (The author believes that according to media reports, Iranian leaders have shown a tougher attitude, and Iran cannot be ruled out to give Israel a strong counterattack, so the geopolitical situation in the Middle East may escalate in the next few days, and gold as a safe-haven asset will shine even brighter. Kremlin: (On Putin's possible mediation of the Israeli-Iranian conflict) Russia is ready to intervene at any time if necessary. (The author hopes that the two countries will be reconciled as soon as possible) 📊Comment Analysis 1-hour chart: The rising channel breaks down, and short-term shorting is at 3442. 💰Strategy Package Today's US market plans to sell high and buy low in the 3408-3452 range. If the range breaks, follow the trend, strictly lighten the position and set a good stop loss. ⭐️ Note: I hope traders can properly manage their funds - Choose the number of lots that matches your funds I hope everyone will set rules, control emotions, and take a long-term view, and slowly get rid of the control of desire, be at ease in the trading market, find their own way to make money, and truly enjoy the fun and rewards brought by trading.
OANDA:XAUUSDLong
by labaronAA
The international situation is bad. Gold fell back.Information summary: Latest news: Israeli fighter jets "flew freely" over Tehran, and Iran lost air supremacy over the entire west. Israel's goal turned to a wider range of Iranian military and infrastructure. Iran's counterattack, Tel Aviv, Haifa and other Israeli cities are being attacked by Iranian missiles. Both sides are currently suffering heavy losses. But the price of gold fell back at this time; I think the biggest reason is that this week, the global "super central bank week" is about to hit, the market will usher in a very critical Federal Reserve interest rate decision, and central banks such as Japan, Switzerland and the United Kingdom will also hold monetary policy meetings one after another, and investors are on high alert. Under the influence of multiple conditions, the price of gold has a technical correction. Technical analysis: From a technical point of view, the impact of the conflict in the Middle East did not directly push up prices, but instead rushed up and fell back, which shows that the market has great pressure on the upward trend. Therefore, for the upward trend, it is necessary to be relatively conservative. From the position point of view, the support below is around 3410. From a trading perspective, most traders are waiting for the release of some data, which will change the overall trend of gold. However, according to the latest analysis of 14 Wall Street analysts, 10 analysts expect prices to continue to rise. So I guess that this time the gold price pullback is accumulating energy for upward movement. At present, the price has started to rise after falling back to around 3410. The point of this pullback rebound is expected to stop around 3440, and then start to fluctuate at a high level. If the price breaks through 3440 strongly and stabilizes above this position, the price may hit the upward pressure level of 3455 again.
FOREXCOM:XAUUSDLong
by Quaid_1
Analysis of gold trend on June 16! 📣Gold information: Gold prices (XAU/USD) climbed to $3,445 in early Asian trading on Monday, the highest level in more than a month, as rising tensions in the Middle East and expectations of a rate cut by the Federal Reserve boosted demand for safe-haven assets. Investors remain focused on geopolitical risks despite stronger-than-expected U.S. economic data on Friday. The University of Michigan's consumer confidence index jumped to 60.5 in June, well above market expectations of 53.5 and 52.2 in May. However, the market largely shrugged off the data. Instead, attention turned to the escalating conflict in the Middle East, with Israel's recent attack on Iran fueling concerns about instability in the wider region. In response, Iranian authorities warned that they would "respond firmly to any adventurism," which boosted gold's appeal amid global uncertainty. ⭐️Technical review and analysis: For the current short-term operation of gold, it is recommended to rebound high and go long, with the upward resistance level of 3450-3500 and the downward support level of 3385-3335. ⭐️Set gold price: 🔥Sell gold area: 3465-3475 SL 3485 TP1: $3450 TP2: $3430 🔥Buy gold area: $3390-$3388 SL $3383 TP1: $3400 TP2: $3422
TVC:GOLDShort
by labaronAA
1
Gold Regains Bullish MomentumGold Regains Bullish Momentum Gold price started a fresh surge above the $3,375 resistance level. Important Takeaways for Gold Price Analysis Today - Gold price started a fresh surge and traded above $3,420 against the US Dollar. - A key bullish trend line is forming with support at $3,415 on the hourly chart of gold at FXOpen. Gold Price Technical Analysis On the hourly chart of Gold at FXOpen, the price formed a base near the $3,300 zone. The price started a steady increase above the $3,350 and $3,375 resistance levels. There was a decent move above the 50-hour simple moving average and $3,400. The bulls pushed the price above the $3,420 resistance zone. A high was formed near $3,450 and the price is now consolidating gains. On the downside, immediate support is near the $3,415 level and the 23.6% Fib retracement level of the upward move from the $3,301 swing low to the $3,451 high. Besides, there is a key bullish trend line forming with support at $3,415. The next major support sits at $3,375 and the 50% Fib retracement level of the upward move from the $3,301 swing low to the $3,451 high. A downside break below the $3,375 support might send the price toward the $3,335 support. Any more losses might send the price toward the $3,300 support zone. Immediate resistance is near the $3,450 level. The next major resistance is near the $3,460 level. An upside break above the $3,460 resistance could send Gold price toward $3,480. Any more gains may perhaps set the pace for an increase toward the $3,500 level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XAUUSD
by FXOpen
Gold Breaks Out as Iran Tensions Flare🚨 Israel’s Iran strike fears are sending gold ( OANDA:XAUUSD ) soaring to $3448! reports Israel may target Iran’s nuclear sites (June 16, 2025), fueling safe-haven demand as oil prices climb. 4H Chart Analysis: Price Action: XAUUSD cleared $3440 resistance (a June 2025 high) after a 2-week consolidation, confirming an uptrend. Volume: 4H volume surged 20% vs. the prior week, reflecting strong buying pressure. Key Levels: Current Support: $3440 (former resistance, now support, tested today). Next Support: $3410-$3420 (consolidation low, held three times since June 1, 2025). Context: Gold is up 6.49% this month, with $3448 the highest 4H close since May 2025, driven by Middle East risks. The $3440 breakout with high volume shows buyers dominating. $3410-$3420 is a key support zone for pullbacks, backed by recent price action. Track Iran news and volume for breakout strength or reversal signals. How’s your 4H gold setup looking? Drop your charts! 👇 #GoldPrice #XAUUSD #IsraelIran #SafeHaven #TradingView
TVC:GOLDLong
by DCAChampion
XAU/USD Chart Analysis Following Israel-Iran StrikesXAU/USD Chart Analysis Following Israel-Iran Strikes In 2025, the price of gold continues to form a long-term upward trend, highlighted by the black line. The red line previously acted as resistance, resulting in the formation of a contracting triangle on the XAU/USD chart – a typical sign of market equilibrium. However, this red line was breached (as indicated by the arrow) amid news of the exchange of strikes between Israel and Iran. In response, gold price movements have more clearly outlined the rising blue channel, which began to take shape in the second half of May. Over the weekend, the strikes continued, and on Monday morning, trading opened with a modest bullish gap. This indicates that geopolitical risk concerns are helping to keep gold prices anchored above the red line. What could happen to the price of gold next? Much will depend on how the situation in the Middle East develops. Should the exchange of strikes between Iran and Israel subside and official statements offer hope for de-escalation, a pullback from the upper boundary of the blue channel is likely. If such a scenario plays out, technical analysts may focus on the support zone around $3,390–3,400 on the XAU/USD chart, formed by: → the psychological level of $3,400; → the red line, which previously acted as resistance; → the median of the blue channel. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XAUUSD
by FXOpen
1
Gold Technical & Fundamental Outlook for Next WeekIn this video, I break down the recent surge in gold prices, what drove the momentum, including rising tensions between Israel and Iran, and the impact of weaker U.S. inflation data that’s pushing Fed rate cut expectations. Gold is now sitting just below the all-time high of around $3,500. With major U.S. economic events like Retail Sales and the Federal Reserve Interest Rate Decision coming up, this is a key moment for us to prepare. 💥 Will we see a breakout above resistance, or is a healthy dip on the cards before the next move? I’ll walk you through the key levels, the market psychology, and how I’m planning my trades this week. 💡 Make sure to like, comment, and subscribe for more weekly gold and forex market insights. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading. #GoldAnalysis #XAUUSD #GoldPrice #ForexTrading #MarketOutlook #GoldForecast #TechnicalAnalysis #FundamentalAnalysis #FOMC #FedRateDecision #RetailSales #SafeHaven #GoldBreakout #TradingStrategy #ForexMentor
EIGHTCAP:XAUUSD
by darcsherry
Oil Extends Rally as Israel-Iran Conflict Stokes Supply FearsBrent jumps 5.5 %, bullion hits fresh records, but analysts still see $65 crude by Q4 if key shipping lanes stay open The crude-oil market loves nothing more than a geopolitical headline, and the one that flashed across terminals this past weekend was a whopper: escalating hostilities between Israel and Iran. Within minutes of the first wire stories, Brent crude vaulted 5.5 % to an intraday high of $76.02 a barrel—its largest single-session pop since Russia invaded Ukraine in early 2022—before giving back part of the gain to settle just under $76. West Texas Intermediate (WTI) traced a similar arc, peaking at $74.11 and closing fractionally lower. At the same time, investors stampeded into traditional havens. COMEX gold pierced $2,450 an ounce for the first time, while silver sprinted above $33—blowing past the decade-old high set during the meme-metal frenzy of 2021. The twin moves in energy and precious metals underscore how fragile risk sentiment has become even as global demand growth, OPEC discipline, and U.S. shale resilience point to a more balanced physical market later this year. Below we dissect the drivers of crude’s latest surge, explore the scenarios that could push prices back toward—or away from—the $65 handle by the fourth quarter, and explain why bullion refuses to loosen its grip on record territory. ________________________________________ 1. What Sparked the Spike? 1. Tit-for-tat escalation. Reports of Israel striking Iran-linked assets in Syria and Iran responding with drone attacks near the Golan Heights raised fears of a direct Israel-Iran confrontation—a worst-case scenario that could spill into the Strait of Hormuz and threaten 20 % of global seaborne oil. 2. Thin pre-holiday liquidity. Monday volume was 30 % below the 20-day average with several Asian markets closed, exaggerating price swings and triggering momentum-chasing algos. 3. Options market gamma squeeze. Dealers short upside calls scrambled to hedge as spot pierced $75, accelerating the melt-up. Open interest in $80 Brent calls expiring in June ballooned to 45,000 contracts—four times the 3-month norm. ________________________________________ 2. How Real Is the Supply Risk? While the headlines are chilling, physical flows remain intact for now: • Strait of Hormuz: No tankers have been impeded, insurance premia have widened only 25 ¢ per barrel—well below the $3 spike seen after the 2019 Abqaiq attack in Saudi Arabia. • Iraqi-Turkish Pipeline: Still shuttered for unrelated legal reasons; volumes have been offline since March 2023 and are therefore “priced in.” • Suez Canal / SUMED: Egyptian authorities report normal operations. In short, the rally is risk premia, not actual barrels lost. That distinction matters because premia tend to deflate quickly once tension plateaus, as the market witnessed in October 2023 after Hamas’s initial assault on Israel. ________________________________________ 3. Fundamentals Point to Softer Prices by Autumn Four forces could push Brent back into the $65–68 corridor by Q4 2025 if the geopolitical situation stabilizes: Force Current Status Q3–Q4 Outlook OPEC+ Spare Capacity ~5.5 mbpd, most in Saudi/UAE Ability to add 1–2 mbpd if prices spike U.S. Shale Growth 13.3 mbpd, record high +0.6 mbpd y/y, breakeven $47–55 Refinery Maintenance Peak spring turnarounds remove 1.5 mbpd demand Units restart by July, easing crude tightness Global Demand +1.2 mbpd y/y (IEA) Slows to +0.8 mbpd on OECD weakness Add seasonal gasoline demand ebbing after August, and the supply-demand balance tilts looser just as futures curves roll into Q1 2026 deliveries—a period typically beset by refinery slowdowns and holiday travel lulls. ________________________________________ 4. Scenario Analysis: Three Paths for Brent 1. Escalation (20 % probability) • Direct Israeli strike on Iranian territory → Tehran targets Hormuz traffic • 3 mbpd disrupted for one month • Brent overshoots to $100+, backwardation widens above $10 • Biden releases 90 mb from the SPR; OPEC signals emergency meeting 2. Containment (60 % probability) • Hostilities remain proxy-based in Syria/Lebanon; shipping unscathed • Risk premium bleeds off; Brent drifts to $70–72 by July • By Q4 oversupply emerges; prices test $65 3. Detente (20 % probability) • U.S.-mediated cease-fire; hostages exchanged • Iran de-escalates to focus on reviving JCPOA talks • Risk premium collapses; Brent revisits mid-$60s by August and low-$60s into winter ________________________________________ 5. Why Gold and Silver Are On Fire The precious-metals rally is less about oil and more about real yields and central-bank buying: • Real 10-year U.S. yield sits at 1.05 %, down from 1.55 % in February, boosting gold’s carry cost competitiveness. • PBoC & EM central banks added a net 23 tonnes in April—the 17th straight month of net purchases. • ETF inflows turned positive for the first time in nine months, adding 14 tonnes last week. Silver benefits from the same macro tailwinds plus industrial demand (solar panel capacity is growing 45 % y/y). A tight COMEX inventory cover ratio—registered stocks equal to just 1.4 months of offtake—amplifies price sensitivity. ________________________________________ 6. Cross-Asset Implications 1. Equities: Energy stocks (XLE) outperformed the S&P 500 by 3 % intraday but could retrace if crude fizzles. Miners (GDX, SILJ) may enjoy more durable momentum given new-high psychology. 2. FX: Petro-currencies CAD and NOK rallied 0.4 % vs. USD; safe-haven CHF gained 0.3 %. JPY failed to catch a bid, reflecting carry-trade dominance. 3. Rates: U.S. 2-year yields slipped 6 bp as Fed cut odds edged up on stagflation fears, but the move lacked conviction. ________________________________________ 7. What Could Invalidate the Bearish Q4 Call? • OPEC+ Discipline Frays: If Saudi Arabia tires of single-handedly absorbing cuts and opens the taps, prices could undershoot $60—but Riyadh’s fiscal breakeven (~$82) makes this unlikely. • U.S. Election Politics: A new White House may re-impose harsher sanctions on Iran or ease drilling restrictions, tilting balances either way. • Extreme Weather: An intense Atlantic hurricane season could knock Gulf of Mexico output offline, squeezing physical supply just as refineries demand more feedstock. ________________________________________ 8. Trading and Hedging Playbook Asset Bias Vehicles Key Levels Brent Crude Fade rallies toward $80; target $68 by Oct ICE futures, Jul $70 puts Resistance $78.80 / Support $71.30 WTI Similar to Brent NYMEX CL, calendar-spread (long Dec 24, short Dec 25) Resistance $75.20 Gold Buy dips if real yields fall below 0.9 % Futures, GLD ETF, 25-delta call spreads Support $2,390 Silver Momentum long until $35; tighten stops Futures, SLV ETF, 2-month $34 calls Resistance $36.20 Energy Equities Pair trade: long refiners vs. short E&Ps ETFs: CRAK vs. XOP Watch crack spreads Risk managers should recall that correlation spikes under stress: a portfolio long gold and short crude looks diversified—until a Middle-East cease-fire nukes both legs. ________________________________________ 9. Macro Backdrop: Demand Still Fragile Even before the flare-up, oil demand forecasts were slipping: • OECD: Eurozone PMIs languish below 50; German diesel demand –7 % y/y. • China: Q2 refinery runs flatlining; teapot margins < $2/bbl. • India: Bright spot with gasoline demand +9 %, but monsoon season will clip growth. On the supply side, non-OPEC production is rising 1.8 mbpd this year, led by Brazil’s pre-salt, Guyana’s Stabroek block, and U.S. Permian efficiency gains. Unless Middle-East barrels exit the market, the call on OPEC crude will shrink from 28 mbpd in Q2 to 26.7 mbpd in Q4, forcing the cartel to decide between market share and price. ________________________________________ 10. Historical Perspective: Geopolitical Risk Premiums Fade Fast Event Initial Brent Jump Days to Round-Trip Barrels Lost? 2019 Abqaiq Attack +15 % 38 < 0.2 mbpd for 30 days 2020 U.S.–Iran (Soleimani) +5 % 10 None 2022 Russia-Ukraine +35 % Still elevated > 1 mbpd rerouted Based on precedent, a 5–7 % surge without real supply disruption typically unwinds within six weeks. ________________________________________ 11. Outlook Summary • Base Case: Containment; Brent averages $70–72 through summer, melts to $65–68 Q4. Gold consolidates above $2,350; silver churns $30–34. • Bull Case (Oil): Hormuz threatened; Brent $100+, gas prices soar, Fed forced to juggle inflation vs. growth. • Bear Case (Oil): Cease-fire + soft demand; Brent breaks $60, OPEC+ grapples with fresh round of cuts. • ________________________________________ 12. Conclusion The Israel-Iran flashpoint has injected a fresh geopolitical premium into oil and turbo-charged safe-haven metals, but history suggests emotion-driven rallies fade quickly when physical barrels keep flowing. Unless missiles land near Hormuz or an errant drone strikes a Saudi export terminal, the structural forces of rising non-OPEC supply and cooling demand should reassert themselves, dragging Brent back toward the mid-$60s by year-end. For traders, that means respecting the tape today but planning for mean reversion tomorrow—selling gamma-rich call structures in crude, rolling stop-losses higher on bullion longs, and watching like hawks for any hint that shipping lanes are no longer merely a headline risk but a tangible bottleneck. Until that line is crossed, the smart money will treat each price spike not as the dawn of $100 crude, but as an opportunity to hedge, fade, and position for a calmer, cheaper barrel in the months ahead.
OANDA:XAGUSDLong
by bryandowningqln
Geopolitical conflict re-emerges, price points to 3500?Information summary: The powder keg of the Middle East situation exploded. A new round of fierce fighting between Israel and Iran has pushed the global financial market into a risk-averse storm. In just one day, gold soared. In the early Asian session on Monday, the price of gold was unstoppable, hitting a nearly seven-week high of $3451/ounce. Under the dark clouds of geopolitical conflict, gold bulls are in full swing, and the $3500 mark seems to be within reach. In addition, the market will face two major tests this week: the monthly rate of US retail sales and the highly anticipated Federal Reserve interest rate decision. Technical analysis: At the daily level, the MA10, MA7, and MA5 moving averages are diverging upward, the RSI indicator turns upward, and the gold price is running steadily in the upper and middle track area of ​​the Bollinger band. In the four-hour cycle, the moving average forms a golden cross arrangement and the opening continues to expand. The price continues to rise along the MA10 daily moving average, and the Bollinger band also maintains an upward opening shape. The current market is dominated by geopolitical risks in the Middle East, and the gold price is consolidating at a high level. If the situation does not change, the gold price will most likely remain above $3,400 today, and it is even very likely to refresh the historical high of $3,500 today and tomorrow. Therefore, before the trend changes, the long strategy is still the best choice. Operation strategy; Buy near 3420, stop loss 3410, target 3460-3470.
FOREXCOM:XAUUSDLong
by Quaid_1
Is this week a chance for gold to break through 3,500? ⭐️Gold Information: Gold prices surged for the third consecutive trading day on Friday as geopolitical tensions intensified after Israel launched a military strike on Iranian targets, including nuclear facilities and key leaders. The escalation of the situation triggered widespread risk aversion in global markets, stimulating demand for safe-haven assets. As of the time of writing, XAU/USD was trading at $3,431. Gold surged to a five-week high of $3,446 before giving up gains as traders took profits before the weekend. Geopolitical turmoil, coupled with dovish signals released by recent US inflation data, reinforced expectations that the Federal Reserve may begin to cut interest rates later this year - despite improved consumer confidence. These factors together support the bullish momentum of gold. ⭐️Personal Comment: Continued military tensions next week are a big driving force for gold prices to continue to break through 3,500 . 🔥 Technical aspects: Based on the resistance and support levels of gold prices in the H4 framework, the following important key areas can be identified: Resistance: $3488, $3502, $3562 Support: $3382, $3342
TVC:GOLDLong
by labaronAA
2
XAU/USD(20250617) Today's AnalysisMarket news: Trump: The United States may still intervene in the Iran-Israel conflict. If Iran launches an attack on the United States, the United States will "fight back with all its strength on an unprecedented scale." Iran and Israel should reach an agreement. Technical analysis: Today's buying and selling boundaries: 3419 Support and resistance levels: 3486 3461 3445 3394 3378 3353 Trading strategy: If the price breaks through 3445, consider buying in, the first target price is 3461 If the price breaks through 3419, consider selling in, the first target price is 3394
OANDA:XAUUSDLong
by NuggetsWarriors
Risk aversion escalates, prices continue to rise?Information summary: On the last trading day of last week, gold rose again under the stimulation of risk aversion. The gold market is shrouded in risk aversion in the Middle East. In the short term, the trend of gold is still supported by risk aversion and may continue to rise. At present, the relationship between Israel and Iran has not been eased; there is the latest news: Iran may retaliate against the air strikes it suffered this time. This will provide momentum for the rise of gold. Market analysis: Gold 1 hour shows that the moving average forms a golden cross and diverges upward, and the bullish trend of gold is still there. After the rise of gold risk aversion, gold has adjusted sideways in the short term, but it is still oscillating strongly at a high level; it is still in the process of rising. The short-term fluctuation of gold is the adjustment in the process of rising, and it will continue to rise at any time. After the gold bulls broke through 3400, they have been stabilizing above this position, so the strategy for next week is still to buy on dips. However, it should be noted that if the international situation suddenly changes, the price may not fall back, but directly rush to a new high. In addition, if the international situation eases and falls below 3400, we must adjust the operation strategy in time to avoid losses. Important positions: Resistance levels: 3450, 3475, 3490 Support levels: 3410, 3400, 3380 Operation strategy: Buy near 3410, stop loss at 3400, win range above 3450 points. There are still 7 hours left before the Asian market opens. I hope my analysis can help all traders gain something in the gold market.
FOREXCOM:XAUUSDLong
by Quaid_1
XUA/USD) Bullish trand support level Read The captionSMC trading point update Technical analysis of (XAU/USD) on the 30-minute timeframe, incorporating a support zone and trendline confluence strategy. Here's a breakdown --- Analysis Summary Key Technical Elements: 1. Uptrend Channel: Price is trading within a rising channel. Higher highs and higher lows indicate bullish momentum. 2. Support Zones: Key Support Level (near 3,400): A horizontal support zone has been marked where price previously bounced (confirmed by green arrows). Trendline Support: This upward sloping trendline adds confluence to the horizontal support zone. 3. EMA 200 (3,377.96): Acts as a dynamic support level. Price is well above the EMA, supporting bullish sentiment. 4. Projected Price Move: The chart anticipates a dip back to the support area (~3,400), followed by a bullish bounce. Target is clearly defined at 3,504.01, with a measured move of about +103.36 points from the support. 5. RSI Indicator: RSI is around 57, which is neutral to slightly bullish. No overbought/oversold signal yet – supporting potential for more upside. --- Bullish Bias Reasoning: Confluence Zone: Horizontal + trendline + EMA 200. Healthy Price Structure: Higher lows being maintained. Momentum Indicator (RSI) supports continuation. --- Risks / Considerations: If price breaks below the confluence support (~3,400), bullish invalidation may occur. Monitor for false breakouts or heavy selling pressure near resistance. Mr SMC Trading point --- Trading Plan Buy Zone: Around 3,400 (support confluence). SL: Below the trendline/EMA – e.g., 3,370 or lower. TP: Around 3,504 (target zone marked). Please support boost this analysis)
FX:XAUUSDLong
by SMC-Trading-Point
4
Is 3500 gold still far away? 💡Message Strategy Gold prices rose overall this week, with bulls showing strength. This was mainly due to the positive CPI data from the Federal Reserve, the escalation of tensions in the Middle East, the uncertainty of trade tariffs, and strong long-term support from fundamental demand, which led to the continued strong trend of gold prices. As risk aversion rebounded, gold prices rose rapidly, hitting the upper track of the Bollinger Band, which also caused gold prices to rise by more than 3.6% this week. 📊Technical aspects As geopolitical tensions in the Middle East intensify over the weekend, gold prices may continue to benefit from risk aversion next week, and gold prices are expected to target $3,500/ounce at the beginning of next week The key support point is 3408. The current price has broken through and stabilized above 3400, and is expected to run above this level for a period of time. When the first market correction tests around 3420, you can continue to buy. Judging from the cycle operation, there is a high probability of a high-level oscillation market in the 3500/3400 range. Before the Fed's results are announced on Thursday, you can sell high and buy low in this range. 💰 Strategy Package Long Position:3420-3430 Combined with the current tense situation, you can buy light positions at the opening price, and add positions to make up for the rise when the market falls back to the target point. Don't blindly chase the short position.
OANDA:XAUUSDLong
by TheodoreSilas
Gold Spot (XAU/USD) Daily Chart Analysis – Bullish Breakout Towa🔥 Gold Spot (XAU/USD) Daily Chart Analysis – Bullish Breakout Towards New ATH 📈✨ 📊 Chart Overview: Gold has shown a strong bullish daily candle breakout above the key Resistance & Support Zone around $3,430, turning this critical level into a potential support. The upward move signals continuation of the trend, especially amid global tensions (as annotated: “War going on...”), which historically drive gold prices higher due to its safe-haven appeal. 🪙🛡️ 🔍 Key Technical Highlights: 🟩 Resistance Turned Support – Price has decisively broken the previous resistance (green zone), suggesting bulls are in control. A successful retest of this area could provide a solid base for further upside. 🚀 Next Target: New All-Time High (ATH) – The chart projects a bullish move towards the $3,480+ level, forming a new ATH. Momentum and macroeconomic factors (e.g., geopolitical conflict) support this bias. 🟫 Support Level – The orange zone below (~$3,140–$3,160) remains a strong support area and demand zone, providing a cushion if price pulls back. 🕯️ Candlestick Structure – Recent candles show strong bullish momentum with minimal wicks on top, indicating buyers are closing near highs — a bullish signal. 📈 Projection Path – An ideal bullish path is visualized: a potential pullback/retest followed by a continuation rally. 🔔 Conclusion: Gold looks poised to rally further, supported by technical breakout and macro catalysts. 📌 Watch for: Confirmation of the retest holding. Continuation volume. Potential pullbacks as re-entry opportunities. 🛎️ Trading Idea: Buy on retest confirmation ✅ 🎯 Target: $3,480+ 🛡️ Stop-loss: Below $3,410 (to protect against false breakout) 📌 Stay alert for global headlines! 🌍📰 Gold remains a prime asset in uncertain times.
OANDA:XAUUSDLong
by VikingFx-Community
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
OANDA:XAUUSDLong
by NuggetsWarriors
XAUUSD Weekly Outlook 16-20 JuneHello traders 👋, A powerful week ahead with extremely sensitive fundamentals in play. 🔎 Macro Fundamentals 🔥 FOMC rate decision + press conference coming up. This will set the tone for USD and risk markets. 🏦 FOMC statement + economic projections will guide the next dollar liquidity wave. 📊 Key US consumer data via Retail Sales and Core Retail Sales. 🏠 Housing sector updates: Permits, Starts, NAHB. 📈 Business inventories, Philly Fed, CB Leading Index, TIC flows. ⚠ Volatility expected to spike heavily mid-week during the Fed. The market is positioned for liquidity grabs, with strong potential for traps both sides. Execution requires sniper discipline. 🔬 Technical Structure — Weekly Chart Context Weekly bullish BOS confirmed. Weak High sitting at 3448, currently challenged. We are extended in premium territory after multiple bullish expansions. Main premium OB zone: 3445 - 3465, highly reactive zone. Discount demand stands lower around 3320 - 3280 and 3100 key weekly equilibrium. EMAs remain fully locked bullish. RSI approaching extended levels (71), risk of profit-taking spikes remains. 🎯 Key Weekly Levels Type Zone Comment 🔼 Resistance 3445 – 3465 Active premium trap zone 🔼 Resistance 3502 1.272 Fibonacci extension 🔼 Resistance 3572 1.618 Fibonacci extension 🔼 Resistance 3649 2.0 Fibonacci extension 🔽 Support 3320 – 3280 Last valid weekly OB 🔽 Support 3100 Weekly equilibrium & demand 🧭 Weekly Bias 🔧 Primary bias: bullish continuation still intact while weekly structure remains protected. Watch for sweeps above 3445-3465. 🔧 Potential correction risk from high-impact fundamentals (FOMC). Buy dips if structure holds. 🔥 If you enjoy this clean breakdown: hit that 🚀, follow & drop your thoughts below! Stay sharp traders — we execute with precision. — GoldFxMinds
TRADENATION:XAUUSD
by GoldFxMinds
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.
FOREXCOM:XAUUSDLong
by Quaid_1