Get started

Xauusdanalysis

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
Gold is on a roller coaster rideTechnically, the daily level reminds us to focus on the key resistance range of 3455-3460: if this area fails to break through effectively, the price may face a technical correction; if it breaks through, it may open up further upward space. The 4-hour period chart analysis shows that the gold price maintains a unilateral upward trend, the Bollinger Band channel continues to expand, and the moving average system maintains a complete long arrangement. This week, we need to focus on monitoring two major support levels: 3420 constitutes a short-term long-short watershed, and if this position is maintained, the price will maintain its strong characteristics; 3410-3405 is a key trend support level. If it is not effectively broken, the long structure will continue. Operation strategy: 1. It is recommended to buy gold near 3420-3415 when it falls back. Click the homepage for more information
OANDA:XAUUSDLong
by BarbaraFranklin
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
XAU/USD 16 June 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remains the same as analysis dated 23 April 2025 Price has now printed a bearish CHoCH according to my analysis yesterday. Price is now trading within an established internal range. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200. Note: The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively. Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Following previous bullish iBOS and subsequent printing of bearish CHoCH, price did not pullback to either M15 supply zone, or discount of internal 50% EQ, therefore, I will not mark current iBOS but will mark it in red. The reason I am not classifying this as an iBOS is, due to relative price action, the internal range would be too narrow. The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price. As per my analysis dated 22 May 2025 whereby I mentioned price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe despite internal structure being bearish. Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback. Intraday Expectation: Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,451.375. Note: Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment. Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAUUSD: Analysis June 16Gold has a lot of momentum to increase and could head towards testing the all-time high around 3500 as there are too many risks emerging, from geopolitical developments to interest rate outlook, and tariffs. Major conflicts in the Middle East, Russia - Ukraine, trade war between the US and the rest of the world, ... are all sudden risk support that makes gold likely to surge in the short term. Gold, after increasing around 3450 this morning, is currently correcting down. But overall, the uptrend with gold is still solid after breaking the downtrend channel. However, we should avoid buying in strong corrections. The support area around 3400 will be the ideal place for us to BUY today. And the resistance area 3440 - 3445 will be where we SELL.
OANDA:XAUUSDLong
by Stone_Haven
2
XAU/USD: Escalating Middle East Tensions Keep Bulls in ChargeThe chart shows that the gold price has successfully broken through the key resistance level of $3,400 and is currently fluctuating between $3,420 and $3,450, indicating that bullish forces are dominant in the short term. The $3,450 level has become a new resistance. If broken, it will attract more trend - chasing funds and drive the price higher; the $3,400 level has turned into strong support, and a breakdown could trigger panic selling. The K - line chart shows strong bullish momentum recently, but the lengthening upper shadows suggest that bearish forces are also stepping in at high levels, intensifying the tug - of - war between bulls and bears. The moving average system is in a bullish arrangement with a golden cross formed, but the significant deviation of the price from the moving averages indicates a need for a correction to repair technical indicators. In the short term, geopolitical conflicts may continue to support the upward movement of gold prices. However, the situation in the Middle East, U.S. economic data, and the Federal Reserve's monetary policy are all key variables. If the conflicts ease or the Fed turns hawkish, the gold price will face correction pressures. XAUUSD buy@3410-3420 tp:3440-3450 I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
FOREXCOM:XAUUSD
by H_C_02
Gold (XAU/USD) Analysis - 16 June 20254H Chart: Market Structure & Bias Gold’s 4-hour chart shows a bullish structure: price has been making higher highs and higher lows (a valid Break of Structure/BOS) No bearish Change of Character (CHoCH) signal is present to suggest a reversal, so the overall bias remains bullish. In other words, the trend is intact and buyers still dominate. Key moving averages (not shown) also slope upward, reinforcing a “buy the dip” bias. We note that price recently stalled near 3427–3435, forming a small consolidation. This clustered area around the recent high acts as a near-term supply (resistance) zone (a possible order block where big players sold). On the downside, prior support is visible around 3380–3400, where buyers stepped in on earlier pullbacks. In summary, the 4H bias is bullish, with dips into demand areas likely to attract buying interest. Support/Demand Zones: At ~3380–3400 there is significant buying interest (a demand zone), as well as a minor support band around 3330–3350. These areas coincide with key Fibonacci retracements (around 50–62% of the last rally), making them high-probability bounce zones. Resistance/Supply Zones: On the upside, the 3420–3435 range is resistance (recent swing high and a bearish order-block area). Farther above, 3470–3485 is a major resistance cluster (around prior highs and a 61.8% extension), where supply may re-emerge. Key Zones (4H Chart) Buy Zone 1 (Demand): 3380–3400. This zone acted as support on prior pullbacks and aligns with ~50%–62% Fibonacci retracement levels. It represents a demand area (many buy orders), so bounces are likely here. Buy Zone 2 (Support): 3330–3350. A deeper support area where buyers piled in previously. It coincides with the 61.8% Fib retrace of the last leg, making it a strong multi-purpose support/demand zone. Sell Zone 1 (Supply): 3420–3435. This marks the recent 4H swing high and a potential bearish order block. It has already capped rallies, so price may stall or reverse here on a retest. Sell Zone 2 (Resistance): 3470–3485. A higher cluster of resistance (major psychological level and Fib extension) where selling could appear if gold extends its rally. This is a logical profit-taking area. Each of these zones is a range (not just a line) to allow for some trade flexibility. We watch for price action (like pin bars or breakouts) within these ranges to signal entries. 1H Chart: Trade Setups Buy at 3385–3395 (Long). Entry Zone: 3385–3395 (just above the lower demand zone). Stop-Loss: ~10 USD below the zone (around 3375). Take-Profit: 3420 (minor resistance) and 3460 (next supply cluster). Reason: This zone combines the 4H demand area and ~50% Fib support. We expect bulls to defend this zone. Trigger: Wait for a bullish reversal candle on 1H (e.g. a strong bullish pin bar or engulfing candle with a long lower wick). Such a candle (long-tail wick) at support indicates a liquidity grab by buyers. Alternatively, a clear 1H BOS above the last minor swing high would confirm strength and serve as a breakout entry. Buy on 3425–3430 breakout (Long). Entry Zone: Break above 3425–3430 (just above the recent 4H high). Stop-Loss: ~10 USD below entry (around 3415). Take-Profit: 3480–3490 (next resistance zone). Reason: A push through the 3420–3435 supply zone would show buyers overcoming sellers. This would keep the uptrend running. The breakout opens room toward the 3470–3485 resistance area. Trigger: Enter on a 1H bullish breakout/close above 3430 (a new higher high) – i.e. a bullish BOS confirming continued uptrend. Optionally look for a pullback to 3425 as a retest entry if the breakout is swift. Buy at 3330–3340 (Long). Entry Zone: 3330–3340 (deeper support zone on 4H). Stop-Loss: ~10 USD below the zone (around 3320). Take-Profit: 3380 (first target), then 3420. Reason: This is a strong support/demand area (4H 61.8% Fib support). A drop here would be a deeper pullback – a higher-risk entry with a bigger reward if buyers step in. Trigger: Look for a clear bullish reversal on 1H (e.g. hammer/engulfing candle) or a shift in structure (price fails to make a new low and instead forms a higher low). A bullish candlestick in this zone implies demand is defending it. Each setup is aligned with the 4H bullish bias (we’re looking for long opportunities at support zones or breakouts). The ~$10 stops are set just beyond the defined entry zone, giving each trade a favorable risk/reward. Takeaway: Gold’s 4-hour trend is up. We favor buying near the identified demand/support zones (or on a confirmed breakout above recent highs) and targeting the next resistance levels. Use tight stops (~$10 beyond each zone) and aim for 2:1+ reward on these high-probability setups. Trade with the trend and respect the key zones above.
OANDA:XAUUSD
by Tami512
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
Watch for price action near the upper resistance and trendline.XAUUSD (Gold vs USD) 1H chart analysis: 📊 XAUUSD 1H Technical Analysis Overview: The chart shows a clear ascending channel pattern, indicating a short-term bullish trend. Price action is currently respecting the channel boundaries well. 🔹 Key Highlights: Support Zone: The green horizontal zone around 3,310 – 3,330 represents a strong demand area where price previously reversed. Resistance Zone: The upper green box near 3,460 – 3,470 marks a significant supply area where potential selling pressure could emerge. Current Position: Price is trading near the mid-to-upper range of the ascending channel, showing bullish momentum. 🔀 Projection: Two potential scenarios are outlined: Bullish Continuation: Price may continue to respect the channel and push towards the resistance zone before reacting. Bearish Reversal: If price fails to break higher and shows weakness, a breakdown below the channel could lead to a sharp move toward the lower demand zone (3,310 area). 📌 Outlook: Watch for price action near the upper resistance and trendline. A break above may lead to further gains, while rejection or bearish candlestick patterns could confirm a potential reversal setup.
OANDA:XAUUSD
by King_Maker_FX
1
Safe-Haven Demand Expected to Push Gold Prices Toward 3500Last week, intensifying conflict between Israel and Iran triggered a strong wave of risk-off sentiment in the markets. As a result, we saw sharp rallies across major safe-haven assets and crude oil. Over the weekend, tensions continued to escalate and even showed signs of further expansion. Under such circumstances, it's clear that heightened geopolitical risk will continue to support gold prices. However, 📍$3500 remains a major resistance zone at the moment. If gold spikes to this level intraday, it’s very likely we’ll see a short-term pullback — Whether due to profit-taking, cautious positioning by sideline capital, or selling pressure from trapped shorts above 3490, ⚠️ this kind of correction is a natural market reaction — driven by human nature. Even with strong risk-off demand in place, after a $200 rally, the market is still subject to volatility from profit-taking behaviors. 🔑 Trading Strategy for This Week As long as tensions in the Middle East persist, 🎯 the primary bias remains bullish. However, the entry point is crucial. 💡 Important notes: Avoid chasing price after sudden spikes caused by breaking news. Those spikes are not ideal buy zones — instead, look for short-term selling opportunities at those highs. Once the price pulls back, assess the retracement level and key supports before looking to buy the dip. We are now within a historically high price range, which means any rally could trigger profit-taking from earlier longs. While the overall trend may still head higher, ⚠️ you need to carefully evaluate the size of potential pullbacks and whether your account can withstand the associated risks. 📊 Technical Levels to Watch: Resistance: 3450-3455 (minor), 3468-3474 (previous high), and 3487-3499 (major historical high) Support: 3420–3410 zone, and the deeper 3400–3386 range Stay alert, trade wisely, and remember — in volatile geopolitical environments, timing and discipline are more important than ever.
OANDA:XAUUSDLong
by Arthur3017
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
Gold (XAUUSD) Weekly Forecast - 16 to 20 June 2025🔥 Gold (XAU/USD) Weekly Outlook | June 16–20, 2025 🧭 Macro & Geopolitical Context Israel–Iran war (Operation Rising Lion) has escalated: Israeli strikes on Iran’s nuclear and missile infrastructure on June 13, followed by Iranian missile/drone retaliation, have sharply intensified regional conflict . The safe‑haven bid is in full swing: spot gold surged toward $3,500, breaking $3,400 last week, driven by risk‑off flows and a weaker US dollar . 🧩 Fundamental Catalysts 1. Fed dovish tilt: May CPI/PPI prints came in soft, lifting expectations for rate cuts. No change is expected at the June 18 meeting, but the Fed’s dot‑plot and Powell’s tone offer upside triggers . 2. Technical breakout: Gold has reclaimed key levels—23.6% Fibonacci (~ $3,377) now acts as support, with the next resistance zones at $3,450 → $3,500 . 3. Bank & analyst sentiment: Goldman Sachs sees potential for $3,700 by year-end; Bank of America projects a path toward $4,000/oz . 📊 Technical Setup & Levels Support: $3,400; next down at $3,377 (23.6% Fibo) and $3,325 (21‑day SMA) . Resistance: $3,450 → major barrier $3,500 (all‑time high). Momentum: RSI around 62—leaves room for further upside . Catalysts to Monitor June 18 Fed meeting: Dot‑plot, Powell’s press conference. Any Iran retaliation or widening of the conflict. Short‑term US data: June CPI, PPI, Retail Sales (especially mid‑week). USD strength or weakness—dollar reversal could clip gold gains. Follow for more updates #XAUUSD #GOLD #Goldanalysis #WeeklyAnalysis #trade
SAXO:XAUUSDLong
by RANANADEEMFX
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
The Critical Resistance of Gold at 3500! The probability of a higher opening for gold next week is relatively high, but I hold a high degree of skepticism towards its sustainability. After three days of fermentation, relevant parties have exhausted all available measures. If there is a higher opening on Monday, chasing the trend is not recommended. The pressure reference for the market in the early week is at the 3462/72 level. From the perspective of the upward channel trend that started from 3200, as long as it does not gap up directly above 3462/72, even if the price touches this area, it will face certain suppression. If it gaps up strongly above 3472 and has a wave of continuation, the previous high of 3500 will also be difficult to break through - at least from the current technical perspective, an optimistic expectation of breaking through 3500 cannot be formed. The most critical influence next week will still be the Fed's speech on Thursday, and the core time point for whether the market can truly break through 3500 will be at that time. The key support level next week is viewed at 3400. The current price has broken through and stabilized above 3400, and it is expected to operate above this level for a period of time. When the market first pulls back to test around 3400, buying can be continued. Through cycle operation judgment, a high-level consolidation market in the 3500/3400 range is highly likely to form Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term. Trading Strategy: buy@3410-3420 TP:3460-3470
CAPITALCOM:GOLDLong
by Ashbur
Unlock Gold's Secrets: A Daily Tape Reading Analysis for XAUUSDHey everyone! Today, we're diving deep into XAUUSD (Gold) using a daily candle tape reading approach that aims to uncover critical turning points and price levels. If you're looking for an edge in understanding Gold's movements, this analysis could be a game-changer. On the accompanying chart, you'll see yellow horizontal lines that highlight key bullish and bearish price levels. These aren't just arbitrary lines; they represent significant battlegrounds where buyers and sellers have historically shown their hand. In addition, the vertical lines on the chart pinpoint specific days where we've observed a change in trade direction or a potential reversal. It's important to note that these shifts can sometimes occur within one or two candles before or after the marked day, so keep an eye on the immediate vicinity. We're interpreting these price levels with a 3% to 5% tolerance, allowing for the natural ebb and flow of the market around these crucial points. Key Price Levels to Watch: Bullish Price Levels: 3477.67: A critical zone where bullish momentum has historically taken hold. 3522.40: Another strong support level that could propel Gold higher. 3562.30: Watch this level for signs of continued upward pressure. 3631.31: A significant resistance-turned-support level that could signal a strong bullish continuation. Bearish Price Levels: 3323.72: A key level where bearish pressure has often intensified. 3245.09: If this level breaks, it could indicate further downside for Gold. 3165.42: A crucial support level; a breach here could accelerate a downtrend. 3077.23: The ultimate test for the bears; a break below could signal a more substantial correction. __________________________________________________________________________________ What are your thoughts on these levels? Have you noticed similar patterns in your own XAUUSD analysis? Share your insights in the comments below! ⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance
OANDA:XAUUSD
by shoonya0000
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
Chart Pattern: Ascending Channel / Rising WedgeChart Analysis Breakdown : Price Channel (Ascending): A rising wedge or ascending channel is drawn, showing higher highs and higher lows. The upper and lower white trendlines are converging slightly, suggesting a potential breakout or breakdown soon. Key Support and Resistance Zones: Orange Resistance Zone (Top Left): Marked as a supply zone where price previously reversed (around 3,420–3,430). Orange Support Zone (Bottom Center): Around 3,320–3,330, possibly acting as demand or a retest area. Price Levels (Right Scale): Current price is around 3,386.36. Several price markers are noted (green for potential bullish targets, red for bearish zones). Projections/Scenarios (White Arrows): Bullish Scenario: Price breaks above the upper channel line and targets levels like 3,423 or 3,440. Bearish Scenario: Price fails at resistance, retraces back to the support zone, possibly to 3,360 or lower (near 3,320 zone). EMA 50 (Blue Line): An EMA (Exponential Moving Average) is lightly visible and used for trend confirmation. Price is currently above it, indicating bullish bias. Other Chart Elements: Time shown is UTC+3. The local weather is 30°C and hazy. Timestamp: June 13, 2025, at 1:35 AM. 📈 Interpretation: The chart suggests a watch for breakout scenario in XAUUSD: If price sustains above the rising channel, it could rally further. If it breaks below, look for a retest of the 3,320–3,330 zone.
OANDA:XAUUSD
by King_Maker_FX
1
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