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Xauusd(w)

XAUUSD – Weak consolidation near 3,357, eyes on 3,443 retestYesterday, gold traded within the 3,344 to 3,371 USD range and closed at 3,368.75 USD (+0.72%). Despite the slight rebound, price action remains weakly consolidative within a broad ascending channel, repeatedly rejected at the 3,443 USD resistance area — where multiple FVGs (Fair Value Gaps) remain unfilled. On the H4 chart, price is holding above the key confluence support at 3,357 USD, which aligns with the medium-term ascending trendline. If this level holds, a technical bounce back toward 3,443 USD is likely. However, it's worth noting that recent upward moves have lost momentum near the upper FVG zones. Traders should wait for a clear confirmation signal — particularly a strong bullish candle at the current support — before considering entry.
OANDA:XAUUSDLong
by Rocky_trade_
XAUUSD Daily Outlook | June 23, 2025👋 Hello Gold traders! We’re entering a new week with structure sharpening around key zones. Price is now hovering just below the decision shelf at 3385, and all eyes are on whether bulls defend structure — or bears trigger the first real trap. Let’s zoom in with pure Daily focus and zero noise. 🔸 DAILY STRUCTURE OUTLOOK Gold remains in a clear bullish trend on the Daily timeframe, with the last confirmed Higher High at 3452. However, current price is in a retracement phase, testing the area just below the BOS and reacting to recent liquidity sweeps. Despite rising USD pressure, the bullish structure remains intact unless a daily close breaks below 3315. 📌 Daily Bias: Bullish (retracement phase active) 🧭 Macro Context: Heavy Fed week: Powell testifies Tue & Wed, Core PCE and Consumer Sentiment hit Fri. USD may remain supported short-term, but gold still benefits from long-term inflation hedge + geopolitical risk flows. 🔹 STRUCTURAL KEY ZONES (D1) Type Zone Confluences 🟢 Buy Zone #1 3320 – 3340 Daily OB, FVG base, EMA50 , structure HL defense 🔵 Buy Zone #2 3265 – 3285 Untapped OB + imbalance, deeper fib retrace 🟠 Flip Zone 3363 – 3385 Former BOS, FVG retest, minor liquidity shelf 🔴 Sell Zone #1 3405 – 3425 First sweep of equal highs, premium OB, FVG pocket 🔴 Sell Zone #2 3440 – 3460 Extreme bull trap: clean OB top, imbalance cluster 🎯 EXECUTION PLAN 🔍 Flip Zone is your battlefield — if bulls reclaim this zone cleanly, we may revisit 3405. 📉 3405–3425 offers the first sniper short opportunity: liquidity sweep + OB + FVG = prime short trigger. 📈 3320–3340 is the cleanest high-RR long zone — only enter if price reacts with strength and forms a rejection candle or bullish engulfing. 🧊 If 3320 fails, standby at 3265–3285 for a deeper correction entry backed by clean OB/FVG logic. ✅ SUMMARY & ACTION PLAN Wait for confirmation at the Flip Zone — do not force direction. Most precise sniper trades expected: 🔻 Sell from 3405–3425 → target Flip Zone 🔺 Buy from 3320–3340 → target 3385–3400 Only engage with clear OB reactions and strong PA confirmation — no bounce chasing. 💬 If this outlook gave you clarity, drop a 🚀 and a like to support the work — it helps more traders find it. 💡 Got feedback or want to ask something? Comment below — we read everything. 📌 Follow GoldFxMinds for high-precision sniper plans, every single day. 📌 Disclaimer: I'm part of Trade Nation's Influencer Program and receive compensation for using their charts on TradingView. This content is for educational purposes only. — GoldFxMinds
TRADENATION:XAUUSD
by GoldFxMinds
11
XAUUSD Weekly Outlook | June 23–27, 2025👋 Hey gold traders! As we close out the FOMC week and head into the final stretch of June, gold continues to hold bullish structure — but this week's candle is entering a very sensitive premium area. Let's break it all down in full top-down clarity: 🔍 Weekly Structure Update ✅ Weekly BOS confirmed since November 2023 ✅ Price holding above EMA 5/21/50 — bullish lock intact 🔼 Current HH printed at 3452 📍Price is now entering a weekly FVG + supply trap zone around 3440–3460 🟣 RSI divergence starting to appear — caution in premium 🗺 Key Weekly Zones Type Price Range Context 🔵 Demand Zone 3150 – 3190 Weekly OB + EMA50 confluence 🟣 FVG Support 3284 – 3320 Fresh imbalance post BOS 🟠 Flip Zone 3363 – 3385 Retest of BOS + FVG bottom 🔴 Sell Trap Zone 3440 – 3460 Weekly OB + liquidity sweep area 🧠 Bias This Week 📌 Bullish, but extended. We expect a reaction from 3440–3460, not blind continuation. The next healthy buy opportunity is only valid on a retrace toward 3320–3280, aligned with imbalance + structure. 🧭 GoldFxMinds Game Plan Above 3440–3460 = overextension — wait for trap/sweep confirmation 🧨 Below 3363 = bearish flip zone — risk of revisiting 3280 Ideal buy = 3284–3320 → only on bullish PA or reversal confirmation 📰 Upcoming Economic Events (June 23–27) 🗣 FOMC Speakers flood the week (Waller, Powell, Williams, Goolsbee, Hammack, etc.) 🏠 Existing & New Home Sales, Consumer Confidence, Pending Home Sales 🛢 Crude Oil & Natural Gas Inventory reports 📊 Final GDP q/q, Core PCE, Personal Spending/Income 📉 Durable Goods, Unemployment Claims 🧪 Bank Stress Test Results (Friday) ⚠️ This is a dense news week — stay alert for surprise volatility, especially around Powell’s testimonies (Tue & Wed). ⚠️ Summary: We are no longer in discount — we are inside the premium trap. Gold remains bullish, but 3440–3460 is a red flag zone. If this becomes the top, watch the flip at 3363–3385. Only re-enter long if structure confirms. 💬 If you found this helpful, drop a comment, give it a like, and make sure to follow GoldFxMinds for more sniper-level updates every week! 📣 This post was made using the Trade Nation chart feed. As a partner in their influencer program, I receive compensation for using and sharing their tools.
TRADENATION:XAUUSDLong
by GoldFxMinds
1
Gold Weekly Friday Trend Analysis and Trading RecommendationsOn Thursday, gold maintained a sideways trend, currently trading near $3,370. It hit a low of $3,347 and then rebounded immediately, while yesterday's Federal Reserve interest rate decision had little impact on market volatility. Since Monday, when bearish forces were stronger than bullish ones, the gold market has been seeing equalized bullish and bearish forces, consolidating as it waits for the next stimulus direction. Once it stabilizes above $3,400 again, there is likely to be an inflection point, and it will gradually rise to test the upper track at $3,460–3,470. At the 4-hour level, it is currently under pressure at the middle track of $3,405, with support at $3,345. Gold may break out of the current range on Friday. Intraday trading can focus on range operations between the support of $3,345 and the resistance of $3,400: when the gold price stabilizes above $3,360, you can lightly go long, with targets sequentially at $3,375 and $3,395; if it is resisted below $3,395, you can try to lightly go short. XAUUSD buy@3350-3360 tp:3380-3390-3400 Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.
OANDA:XAUUSDLong
by EvanField
20
The rebound is weak, is it expected to continue to decline? 📰 Impact of news: 1. Geopolitical situation 2. Pay attention to the impact of short-term trends of the US dollar and silver on gold 📈 Market analysis: The weekly level large range sweep is still going on, with a focus on the space defense dividing line area of ​​the 10-day moving average and the 3315-3310 area. After falling back to the lifeline in four hours, it continued to bend downward under pressure. During the sweeping decline, the suppression became more obvious. Whether there will be a wave of large-volume market, the pattern is expected to further open and guide the direction. In this process, note that the lifeline 3375 is also the resistance point determined by the last rebound last night. Use this as suppression to sweep the range below. On the whole, for the future gold, if it can maintain the rhythm of defending highs and breaking lows, and successfully closes at a low level today, then next week it is expected to further switch downwards to sweep space. Therefore, we will continue to focus on two support areas, one is 3345-3335, and the other is 3315-3310 after breaking 🏅 Trading strategies: BUY 3345-3335 TP 3355-3365 SELL 3365-3375 TP 3345-3335-3315 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
OANDA:XAUUSDShort
by AllenBoswell-2
1
XAUUSD:Go long before you go short Yesterday's market is relatively fast, we pay attention to the stop profit point, today's Asian plate fell, technical point of view, this week after the big Yin, there is little strength of the rebound, often after the reverse draw will be recovered, the same down after the rapid counterattack, short-term overall performance for the shock downward trend, the center of gravity moving down. The trading space is also gradually shrinking, within the day can be around 3340-3370 range to operate. Trading Strategy: BUY@3344-49 TP:3365-70 Consider going short at 3370-75 More detailed strategies and trading will be notified here ↗↗↗ Keep updated, come to "get" ↗↗↗
OANDA:XAUUSDLong
by Boooob_
HelenP. I Gold can rise to resistance level and drop to $3325Hi folks today I'm prepared for you Gold analytics. After a steady climb, the price began to lose momentum and eventually corrected back to the trend line. This zone acted as dynamic support and initiated a new wave of upward movement. However, unlike the previous impulse, the price started consolidating within a symmetrical triangle, signaling indecision and weakening bullish pressure. Now the structure is tightening near the resistance zone, where the price has already been rejected multiple times. The market appears to be preparing for another interaction with the resistance level around 3430. Given the overall context, fading bullish energy, repeated rejections, and the triangle formation, I expect the price to test the resistance one more time before reversing downward. My goal is the trend line support, which aligns with 3325 points. This zone offers a logical area for the price to move next, especially considering the limited momentum above and the growing risk of breakdown inside the triangle. If you like my analytics you may support me with your like/comment ❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDShort
by FirstNameHelen
9
GOLD DAILY CHART UPDATEHey Everyone, Great finish to the week across all our multi timeframe analysis. We updated our 1H chart throughout the week catching the buys from the dips using our levels and ema5 cross and lock allowed us to track the movement with confirmation. This is now an end of week update on our daily chart idea. This chart shows our perfect play into the channel top and then rejection for the movement down. We used our smaller timeframe charts to catch the bounces from this movement down. Following up on our previous analysis, price action has continued to respect our Goldturn channel beautifully. The key takeaway here is that the channel levels are being respected with precision, validating the strength and reliability of our Goldturn channel framework. 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
OANDA:XAUUSD
by Goldviewfx
11
XAU/USD Bullish Breakout from Flag PatternBullish Flag Formation: The price consolidated in a downward-sloping flag after a sharp bullish move. A breakout has occurred, signaling renewed buying pressure. Support Zone: The breakout aligns with the horizontal support area around 3,392, reinforcing the bullish bias. Upside Targets: Based on price structure and measured move projection: First target: 3,435 – 3,452 Final target zone: 3,500+ Momentum Confirmation: The Ichimoku cloud supports bullish continuation as price trades above it, showing strong upward momentum. Conclusion: Gold appears to be resuming its uptrend after a brief consolidation. As long as price holds above the breakout level (around 3,392), the bullish targets remain valid. Ideal scenario for continuation traders looking for entries on minor pullbacks
OANDA:XAUUSDLong
by ZareeFxTradingAac
Elliott Wave Analysis – XAUUSD Trade Plan for June 19, 2025🌀 Wave Structure On the H4 timeframe, following a strong selloff, price is now consolidating within a narrow price channel — suggesting that we are currently in wave b (black) of an abc correction. This structure implies that one more leg down is likely to complete wave c (black). However, due to the overlapping and sideways nature of the move, it's difficult to clearly identify the end points of waves a and b, making traditional Fibonacci targeting less effective. ➡️ To improve accuracy, we’re combining Volume Profile data with price action and have identified four key support zones: 3349, 3335, 3313, and 3297 Among these, we’re giving special attention to: 🎯 Target 1: 3335 🎯 Target 2: 3297 We'll wait for bullish momentum signals near these levels to increase the probability of catching the end of wave c. 🔋 Momentum Outlook Daily (D1): Momentum is about to enter oversold territory. By the end of today or tomorrow, the daily candle is expected to confirm this — suggesting a weakening bearish trend. H4: Also approaching oversold. If price is hovering around one of the key support levels (3349 | 3335 | 3313 | 3297) when this happens, and the D1 is already oversold, then we may be looking at a high-probability reversal zone. H1: Nearly oversold as well — expect a short-term bounce soon. The best timing for a BUY will be when the H1 starts turning bullish while both the D1 and H4 are oversold. ✅ Trade Setup 🔹 Scenario 1 BUY ZONE: 3336 – 3333 SL: 3326 TP1 | TP2 | TP3: 3345 | 3378 | 3402 🔹 Scenario 2 BUY ZONE: 3300 – 3297 SL: 3290 TP1 | TP2 | TP3: 3313 | 3345 | 3402 ⏳ Patience is key — wait for confluence between support zones and momentum reversals. That’s where the high-probability BUY setups emerge.
OANDA:XAUUSDLong
by WavePoint_FX
XAUUSD: Is Bullish Trend Ended? Or It is just beginning big moveAs we previously stated that price can reverse between 3340 to 3350 region, which was a pivotal point for bulls. Price smoothly moved currently trading at 3376 and possibly bullish move continuing towards 3400,3450 and ultimately reaching 3600. Following the price’s all-time high at $3500, it experienced a sharp decline and failed to maintain that level. A substantial 2400 pips would have resulted in significant losses for many accounts. Initially, it was perceived as a minor correction, with the expectation of further price appreciation. However, this assumption proved incorrect. After reaching an even higher peak, the price invariably undergoes a more substantial correction. At 3260, substantial bullish volume surged into the market, necessitated by the presence of a fair value gap. Subsequently, the price experienced a decline, reflecting the prevailing bearish trend, which favoured the bears. However, at 3200, a pivotal level representing a discounted price point, bull volume surged. This powerful bullish impulse propelled the price to 3432, ultimately confirming the bullish trend. AB=CD there recurring pattern emerged weekly. When the price reached the 3432 level as a fair value gap, the CD pattern commenced. 

AB=CD we have identified a recurring pattern. It appears to be an equal move in any direction, and it has manifested precisely as anticipated. We were aware that the price would reject at 3120, and it did so accordingly. Currently, the market is in our favour. Upon market opening, it exhibited a positive gap, propelling the price to 3450. However, it subsequently declined, reaching 3384. Presently, we find ourselves in the accumulation phase, poised for distribution. This distribution is anticipated to be substantial, potentially leading to another record high, potentially reaching 3650. Moving forward, the price could continue towards our target from its current position. Alternatively, there exists a possibility that it may drain the sell-side liquidity and reverse from 3360-3370. Our take-profit levels are set at 3450, 3490, 3520, and finally, 3600. When entering the market, it is advisable to employ a short time frame. It is important to note that this analysis is merely our opinion, and market conditions may deviate from expectations. We extend our best wishes for success and safe trading. If you wish to demonstrate your support, you may consider liking, commenting, or sharing this analysis with others. Sincerely, Team Setupsfx_
OANDA:XAUUSDLong
by Setupsfx_
26
SPY/QQQ Plan Your Trade For 6-20 : Pause Bar PatternToday's Pause Bar pattern suggests the SPY/QQQ will slide into a sideways type of PAUSE in price action today. I'm not expecting much to happen and if we do see any breakaway or breakdown trending it will likely be related to news. While we have options expiration today and a host of other things that could drive the markets, I believe the markets are struggling to find direction right now. Thus, a pause in trading would be somewhat normal after a holiday-shortened trading week. Gold and Silver are struggling after a brief rally last week. I believe this is fear related to the Israel/Iran conflict. Metals should continue to move higher. BTCUSD is slightly higher (forgot to cover BTCUSD in the video), but not moving into a breakaway phase. Overall, everything is very flat in early trading today. It may stay that way with my PAUSE BAR pattern. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
AMEX:SPYShort
by BradMatheny
2
Gold Pullback: Bear Trap or Buy Dip?📊 Chart Analysis: A clear pullback within the established uptrend is visible, testing key support at —a healthy correction that reinforces the bullish structure. 🔍 News Contradiction🌍: Despite escalating Middle East tensions (typically a gold-positive catalyst), prices are trending lower—a classic bear trap scenario 🚫📉. This divergence underscores the importance of buying dips amid emotional sell-offs. 💡 Trading Framework: Fed policy statement yesterday failed to spark volatility, as markets had already priced in dovish expectations 💨; Weekly pattern: Asian sessions have consistently seen rallies 📈, followed by profit-taking pullbacks in later sessions 📉; Tactical entry: Use intraday highs from Asian trading as resistance references for long positions 🎯. Technical Confirmations: Risk Warning: Geopolitical bullish signals being ignored suggests deliberate bearish manipulation (bear trap 🚫); Timing Strategy: Asian session highs serve as ideal resistance markers—look to enter on retracements to 38.2% Fib levels 🎯 ⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️ 🚀 Buy@ 3335 - 3345 🚀 TP 3360 - 3370 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
OANDA:XAUUSDLong
by Sovereign_1
Gold Trading Strategy June 20Daily candle continues to show a struggle while the Sellers are dominating. Today there may be a deep sweep and then a recovery at the end of the day. Yesterday's 3343 zone is reacting 5 prices in the direction of profit. Next support around 3323 pay attention to the next sweep. Pay attention to additional daily support at 3296 for today's buy strategy. 3362 gives a SELL Break out signal in the Asia-Europe session. If Gold closes back above 3362, then BUY to 3400 target the two upper resistance zones remain the same as yesterday at 3415 and 3443 Resistance: 3400-3415-3443 Support: 3323-3296 Break out: 3362
OANDA:XAUUSD
by VHT_Trader
Trade Idea: Long on XAUUSD (15min)Trade Idea: Long on XAUUSD (15min) OANDA:XAUUSD I'm going long on gold after spotting a liquidity sweep below the previous low. Price aggressively grabbed liquidity from the downside and showed a bullish reaction — a clear sign of smart money accumulation. The market structure remains bullish on higher timeframes, and this entry aligns with a potential trend continuation after a stop-hunt move. The entry is placed just after the liquidity grab, aiming for a clean upside move toward the imbalance and minor resistance zone. 🟢 Entry: 3353.30 🔴 Stop Loss: 3350.67 (Below liquidity sweep) 🎯 Take Profit Zone: 3362–3366 🧠 RR Ratio: Favorable #XAUUSD #Gold #SmartMoneyConcepts #LiquiditySweep #TrendFollowing #PriceAction #ForexTrader #GoldTrading #OrderBlock #SupplyAndDemand #SwingTrade #DayTrading #MarketStructure #ForexAnalysis #TradingView #RiskReward
FXOPEN:XAUUSDLong
by Jamtara_Trader
Gold XAUUSD Possible Move🚨 Trade Setup Alert 📍 H1 Orderblock Zone at 3330–3320 🔑 High-probability BUY setup after liquidity sweep 🟢 🎯 Target: 3362 and possibly 3396+ 🛑 SL below 3315 📍 Mitigated Supply Zone at 3396–3400 🔻 Possible SELL setup if price rejects that level 🔴 🎯 Target: 3365 / 3340 🛑 SL above 3412 ⚠️ Key Level: 3362–3365 must break to reach upper supply zone. ✅ A level viz. 3340 shared yesterday, I bought from 3340 and bagged +180 pips 💸 👀 Watch price action closely near these zones for confirmation. 📊 Trade with proper risk management! 💼
FOREXCOM:XAUUSDLong
by QuinnReed_Charts
XAUUSD: Market Analysis and Strategy for June 20Gold technical analysis Daily chart resistance 3450, support 3338 4-hour chart resistance 3372, support 3338 1-hour chart resistance 3363, support 3340 After the sharp drop at the beginning of this week, the bulls were weak, and each rebound was swallowed by a larger decline. Although there was a counterattack, the overall trend was oscillating downward. Yesterday, it rebounded from above 3362 to 3387, and then fell below 3362 to set a new low at 3347. After today's shock, it broke through the low of 3347 again and fell to 3340. The short-term trend was weak. The Asian session high was at 3370, and the second high was at 3375. The ideal position is to rebound around 3370/75 during the day and choose to go short. Short-term shocks and declines can wait for rebounds and then go short. It is also easy to rebound quickly after the decline. If the support of 3340/38 is maintained, you can try to buy on the scalp. The second consideration is to sell in advance near 3356 to prevent weakness without a pullback and the NY market directly falling to a new low
TVC:GOLDShort
by ActuaryJ
Gold Ready to Shine Again? Watch This Battle Zone Closely!Gold is consolidating above the 50% retracement (3372) after defending key structure at 3368–3378. Bullish momentum is building as Silver continues to lead, and the US Dollar (DXY) weakens post-FOMC. If buyers step in here, we could see a clean breakout toward 3415–3450 and beyond. But if 3368 breaks, the bull case is temporarily invalidated. 🧭 Technical Highlights: ✅ Support Zone: 3368–3378 (Fibonacci + bullish order block) ✅ Resistance Targets: 3395, 3415.84, 3451.84, 3470+ 🔄 Silver Divergence: XAGUSD broke higher → leading XAU bullishly 🔼 Bias: Bullish (as long as 3368 holds) 🌐 Fundamental Drivers: 🏦 Fed dot plot turns dovish – Only 1–2 cuts, but no hikes planned; supports gold upside. ⚔️ Middle East tensions rising – Iran vs. Israel/US rhetoric keeps risk premium high. 📉 DXY weakens after Powell avoided hawkish tone; real yields remain capped. 💬 Silver outperforming on safe-haven + industrial hedge flows. 💡 Trading Plan Summary: Buy Zone: 3372–3380 TP Zones: 3395, 3415, 3450+ Invalidation: Close below 3368 Confirmation: Break and close above 3395 with volume = signal to scale in 🔔 Keep an eye on: US Jobless Claims, SNB & BoE Decisions DXY 98.70 key level Silver reaction near 36.70–37.20
OANDA:XAUUSDLong
by ultreosforex
15
Gold corrective pullback supporta t 3330Gold’s price action sentiment remains bullish, underpinned by a well-established rising trend. However, recent intraday movement suggests a corrective pullback or short-term consolidation, likely in response to overbought conditions or short-term profit-taking. Key Technical Levels: Support: 3,330 – Key short-term support and previous consolidation zone; the critical pivot level for trend continuation. 3,315 – Secondary support; minor structural level. 3,300 – Psychological and technical support; near-term bearish target on a breakdown. Resistance: 3,390 – Immediate upside target on a bullish continuation. 3,420 – Medium-term resistance; aligns with prior highs. 3,450 – Longer-term target, marking the upper boundary of the current bullish channel. Scenario Analysis: Bullish Continuation (Base Case): If Gold maintains above the 3,330 level and confirms a bullish bounce, the broader uptrend is expected to resume, with upside targets at 3,390, followed by 3,420 and 3,450 over time. Bearish Reversal (Alternative Scenario): A daily close below 3,330 would negate the short-term bullish structure, exposing the market to deeper retracements toward 3,315 and 3,300, where further demand could emerge. Conclusion: Gold remains in a bullish trend, with the current pullback seen as corrective. The 3,330 level is a critical inflection point: holding above it supports further upside momentum, while a breakdown below this level would challenge the bullish outlook and potentially signal a deeper retracement. Traders should monitor price action around this zone for directional confirmation. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAUUSD
by TradeNation
2
THE KOG REPORT - FOMCTHE KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. A you can see traders the pre-event price action started yesterday with the hourly now playing between the MA’s and waiting for FOMC for a potential breakout. As usual, we have highlighted the key levels and added the red boxes for all of you to help navigate the movement should this not be priced in. Also remember, there is a press conference after the release, this is usually the time the market will react to anything Powell says about future plans for the economy. Now, looking at the 4H, we have support at the 3370-65 level and below that 3355. If these are attacked and give a RIP, opportunity for the long trade may be available into the 3395 red box which price will need to break to go higher. If we can break above this red box, we can then look to attempt higher price with the levels 3430, 3445 and above that 3455-60 on the horizon. It’s that red box sitting higher up around the 3470-75 region which needs to be watched if we do get up there as an opportunity to attempt the reverse trade may present itself from there depending on the volume. So in summary, we have 3 key levels in play, ideally a move upside and rejection from the 3400-6 level giving a further dip would suit buyers to get better pricing. KOG’s RED BOX TARGETS: BREAK ABOVE 3395 for 3404, 3406, 3410, 3420, 3430, 3435 and 3459 in extension of the move BREAK BELOW 3380 FOR 3375, 3364, 3351, 3342, 3333 AND 3327 IN EXTENSION OF THE MOVE LEARN AND GENERATE YOUR OWN SIGNALS. You don't need any of us to guide you. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
23