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Elliott Wave Analysis – XAUUSD | June 18, 2025🌀 Current Wave Structure on H4 The recent drop has broken below the previously labeled wave 1 zone, requiring an adjustment to our wave count. Following the abc corrective move (black), a potential triangle formation is emerging. At this point, we’re monitoring two possible scenarios: 🔹 Scenario 1 – Triangle as a Wave X Correction: Price is forming an abcde triangle, potentially part of a larger WXY corrective structure. If this plays out, we may see a strong decline forming wave Y, targeting a break below 3297, and possibly extending to 3248. 🔹 Scenario 2 – Leading Diagonal Triangle as Wave 1: If this is a leading diagonal triangle for wave 1, then wave 1 is likely completed, and we are currently in wave 2. In this scenario, price should hold above 3248, with likely support zones around 3335 or 3300. 🎯 Key Price Zones & Resistance Levels Major Resistance: 3389 – 3402 (based on volume profile) – prime area for potential short setups. Short-term Resistance Levels: 3389, 3402, 3412 – watch for reversal signals here. 🔻 Momentum Outlook Daily (D1): Momentum is declining and expected to enter oversold territory within 2 candles – indicating a weakening downtrend and supporting the leading diagonal scenario. H4: Momentum is preparing to turn bearish – supports short opportunities. H1: Already turned bullish – suggests a possible corrective bounce before the next drop. 📌 Trade Plan 🔴 Sell Zone: 3400 – 3403 • SL: 3410 • TP1: 3365 • TP2: 3335 🟢 Buy Zone 1: 3335 – 3332 • SL: 3325 • TP1: 3365 • TP2: 3402 🟢 Buy Zone 2: 3302 – 3209 • SL: 3292 • TP1: 3335 • TP2: 3365 • TP3: 3402
OANDA:XAUUSDShort
by WavePoint_FX
showing a descending wedge (falling wedge) pattern formingThis is a 30-minute (M30) chart of XAUUSD (Gold vs. US Dollar), showing a descending wedge (falling wedge) pattern forming, which is a classic bullish reversal setup. Chart Description: Pattern Formed: Descending wedge is clearly drawn with: Lower highs and lower lows, converging between two trendlines. Price action is respecting both boundaries of the wedge. Current price is mid-range inside the wedge. Projected Price Path (Dotted Arrows): The chart suggests: A possible fakeout or final dip towards the wedge's lower boundary. Followed by a rejection and bullish breakout. Target would likely be above 3,392+, possibly aiming toward the wedge's origin zone (~3,408 or higher). Market Implication: This setup is typically bullish, especially if: Volume increases near the lower edge. Price fails to make a new low and starts printing bullish structure (HL → HH). Summary: XAUUSD is consolidating inside a falling wedge on the 30m chart, suggesting potential for a bullish breakout. Traders may anticipate one last liquidity sweep before a breakout toward higher resistance levels.
OANDA:XAUUSD
by King_Maker_FX
GOLD(XAUUSD) UPDATEKeep a close watch on the 3,403–3,406 zone (highlighted area in the chart). This is a strong resistance zone that gold has tested multiple times but failed to break. What to expect? If gold gives a clean breakout and sustains above this zone, we could see a good upside momentum unfolding. 📈 Break above = bullish momentum confirmation 💬 Stay alert and be ready to act if price breaches this key level with volume and strength. Trade smart, manage risk.
OANDA:XAUUSDLong
by Nadia_farhat
Gold (XAU/USD) 4H Technical Analysis - 18 June-2025Gold has been in a bullish 4H uptrend, making higher highs and higher lows. Recent data show gold peaked near ~$3,445 on June 16 (a new all-time high) before pulling back toward the $3,400 area. In other words, price action remains constructive: successive higher lows (around $3,372, $3,322) and higher highs (around $3,445) indicate a strong uptrend. As long as each pullback holds above the prior swing low (so far ~$3,372), the bullish structure (Break-of-Structure, BOS) is intact. A decisive drop below ~3,372 (and especially below ~$3,322) would violate that structure (a Change-of-Character, CHoCH) and open a deeper correction. Market Structure & Bias (4H) Bullish bias: Gold has made a series of higher lows and highs on 4H, confirming an uptrend Technical indicators (RSI bullish, price above 200-SMA) and fundamentals (safe-haven demand) support this bias. Caution near $3,400: The key $3,400 zone has switched roles as resistance-turned-support. Holding above $3,400 keeps bulls in control, but failure to regain it could allow a deeper dip toward ~$3,350. Break-of-Structure (BOS): A BOS (new 4H high) upholds the uptrend. A CHoCH (e.g. a close below $3,372/$3,322) would signal a possible reversal Key 4H Levels & Zones Resistance/Supply: ~$3,445–3,450 (recent swing high); ~$3,500 (psychological/all-time level). Price may stall or reverse near these supply zones. Pivot/$3,400: ~3,400–3,413 zone – a critical pivot. Gold traded near $3,400 recently; a break above targets $3,450, while failure could drop to support. Support/Demand Zones: ~$3,372 (prior 4H higher-low). Near ~$3,350–3,353 – the 61.8–78.6% Fibonacci retracement of the last rally and a “golden pocket” demand area. ~$3,322–3,328 – a strong 4H demand order-block where price held on the last pullback. Finally ~$3,300 (major low below). Order Blocks & Imbalances: Smart-money traders note a 4H demand block at $3,322–3,328 (the low of a large bullish candle). A brief sweep above $3,338 (a liquidity grab) was followed by a clean bounce from this zone. Any unfilled gaps (imbalances) near $3,380–3,400 may attract price back during retracements. In summary, the 4H chart shows a bullish structure with key support at ~$3,372–3,350 (demand/Fib zone) and resistance around $3,445–3,500. As FXStreet notes, the uptrend remains “intact” on 4H as long as dips are bought. However, traders should watch for any break below $3,372/$3,322, which would flag a bearish structure break. Until then, the overall bias is bullish, favoring long entries on dips into the above support zones. 1H High-Probability Trade Setups (Bullish Bias) Setup 1 – Buy on $3,400 pivot hold: Entry zone $3,390–3,400 (at/just above 4H pivot). Stop: ~$3,380 (just below pivot, ~$10 below entry). TPs: $3,420 and $3,450. Trigger: A bullish candlestick pattern or break-and-retest of ~$3,400 (e.g. bullish engulfing or hammer on 1H). Reason: The $3,400 level is a key 4H support/resistance flip. Holding here would confirm the uptrend continuation, targeting the recent swing highs. A 1H bullish signal (like a reversal bar) gives a clear entry. Setup 2 – Buy on deep pullback: Entry zone $3,370–3,380 (around 4H higher-low). Stop: $3,360. TPs: $3,400 (the pivot) and $3,420. Trigger: A strong 1H bullish candle or double-bottom forming near zone. Reason: This area lines up with the 4H demand/Fib zone ($3,350–3,372). It represents a higher-low in the 4H structure. A bounce here would signal buyers stepping in at a key support. Setup 3 – Buy after breakout of $3,445: Entry zone $3,450–3,455 (above recent high). Stop: ~$3,440. TPs: $3,480 and $3,500. Trigger: A clean 1H candle close above $3,445 (breakout) and retest. Reason: A push above $3,445 (June high) would form a new 4H BOS, suggesting continued momentum. Buying on the breakout retest captures follow-through to the next targets. (Each setup uses a small $~10 stop relative to gold’s price. Always wait for the specified trigger pattern before entering.) Takeaway: On the 4H chart, gold remains bullish while above ~$3,372/$3,350. Key zones to watch are $3,372–3,350 (buy zone) and $3,400–3,445 (sell/resistance). For now, favor long entries into support, and confirm with clear 1H signals before trading.
OANDA:XAUUSD
by Tami512
XAU/USD Bullish Reversal Toward 3,449XAU/USD Technical Analysis (30-Minute Chart) This chart shows a bullish breakout setup for Gold (XAU/USD) based on recent price action and technical indicators: --- 🔻 Support Zone & Trend Line: A descending support trend line has been drawn from earlier lows, showing a falling wedge structure. The key support zone between 3,367.825 and 3,388.370 has held firmly, confirming demand in this range. 📈 Bullish Reversal Formation: Price bounced off the support zone, suggesting a potential reversal. A breakout above the horizontal resistance near 3,388.370 is projected, with bullish momentum forming. 🎯 Target Levels: Immediate resistance: Around 3,388.370, which price is currently testing. Primary target: The yellow resistance zone near 3,449.485—if broken, it may confirm a strong upward trend. 📊 Volume Profile: Volume bars on the right show higher trading activity above 3,400, indicating potential resistance in that region. 📝 Summary: Gold is showing signs of a bullish reversal from the support trend line and key demand zone. A sustained move above 3,388.370 may lead to a rally toward the 3,449.485 resistance area.
OANDA:XAUUSDShort
by Forex_ViP_Signalss
3
Tend to short gold, it may still retrace to 3360-3350 areaAt present, gold as a whole is still fluctuating in the 3395-3365 area. In the short term, both long and short sides are not willing to break through. They may be waiting for the guidance of the Fed's interest rate decision and Powell's monetary policy press conference. However, from the current oscillation structure, because the high point of gold rebound and the low point of retracement are gradually moving downward, the center of gravity of the candlestick chart is shifting downward, and the weight of gold shorts is slightly higher. From the current structure, 3395-3405 has become a new round of pressure area. Gold has been unable to break through for a long time, and has tried to accelerate downward many times during the retracement process. Although it can stabilize above 3375-3365, it may be easier to break through below after several tests. Once the 3375-3365 area is broken, gold may even continue to move to the 3360-3350 area. Therefore, within the 3395-3365 oscillation range, we can temporarily maintain the trading rhythm of selling high and buying low in the short term, while we must pay attention to the breakthrough of gold. Once gold breaks through, the trend may be continued, and we need to follow the trend to execute transactions!
OANDA:XAUUSDShort
by Steffen_Schade
Short Opportunity on XAU/USD: Fed & Conflict Drive Next MoveTVC:GOLD OANDA:XAUUSD XAU/USD is showing multiple rejections at the key resistance confluence of the trendline (TL1) and the $3,396–$3,405 zone. Price remains capped below this level while supported by TL2, with downside potential toward $3,354 and $3,326 if bearish pressure persists. A short setup is in play: entry at $3,396, stop at $3,411, and targets at $3,354 and $3,326, offering a favorable 1:2.97 risk–reward. Invalidation occurs on a 4H close above $3,411, which could open the path to $3,450+. Geopolitical risk remains elevated as the Israel–Iran conflict enters day six, with airstrikes near Tehran and speculation of U.S. involvement following President Trump’s emergency security meeting. Meanwhile, the upcoming Fed decision is key; while no rate move is expected, markets are focused on the updated dot plot and Powell’s tone amid ongoing tariff uncertainty. Long-term support for gold is reinforced by a World Gold Council survey showing 95% of central banks expect global reserves to rise, with a record 43% planning to increase holdings. Short-term bias remains cautiously bearish while below resistance, but any dovish Fed surprise or escalation in conflict may reverse momentum. Resistance : $3,396 , $3,405 Support : $3,354 , $3,325, $3,320
FOREXCOM:XAUUSDShort
by ATFX_Global
Key Event Today – FOMC Interest Rate DecisionAs risk-off sentiment cools, gold bulls failed to take control yesterday, resulting in a stalemate with the bears. From the 4H chart perspective, bearish momentum currently appears stronger, though bulls are not giving up easily. Currently, price is rebounding off the 4H MA60 support, with immediate resistance from the MA20 around 3405. As time progresses, this resistance is likely to shift lower, so for now, we’ll treat $3400 as the primary reference point. For bulls to regain dominance, they must hold steady above 3405, and more importantly, protect the support at 3386–3378 during any pullback. 🔔 Key Event Today – FOMC Interest Rate Decision Today’s trading will also be influenced by the Federal Reserve’s rate decision, which, based on current expectations, is likely to weigh heavily on bullish sentiment. 📌 Strategy for Today: Main Bias: Sell the rebound Secondary Approach: Buy on pullbacks if strong support levels hold Key support levels to monitor: ⚠️ 3382 zone (minor support) 🔻 Most critical: 4H MA60 around 3366 Stay cautious during the FOMC announcement window, and remember — in volatile markets, reacting with discipline is more important than predicting perfectly.
OANDA:XAUUSDShort
by Arthur3017
6/17 Gold Analysis and Trading SignalsGood morning! Yesterday, gold opened with a gap-up and surged to around 3451, but failed to sustain above key resistance. After another failed attempt to break higher, prices gradually turned lower and finally broke below 3400, finding short-term support near 3382. The primary driver of this decline was a waning of geopolitical risk sentiment, which had previously fueled the rally. Additionally, the market is now pricing in expectations that the Fed will keep rates unchanged, a factor that was likely preemptively reflected in price. 🔍 Fundamental Focus: Today’s U.S. session will feature a key news release, which may prove decisive for gold’s next directional move. With yesterday’s advance pullback, market dynamics are likely to be more volatile today. We recommend caution, especially ahead of the announcement. 📉 Technical View: Gold is currently in a post-decline consolidation phase. The main resistance lies between 3430–3450, while 3415 on the 30-minute chart also presents a short-term cap. For those entering long positions, target zones should remain conservative, ideally around 3412–3418, and then be adjusted depending on volume momentum and breakout structure. 📊 Weekly Structure Outlook: The weekly chart shows that gold is at a key trend inflection point. If no additional bullish catalysts emerge, the market is likely to develop into a bearish consolidation, with the next major downside target around 3200. 📌 Trading Plan (For VIP): ✅ Sell Zone: 3436–3466 ✅ Buy Zone: 3347–3323 ✅ Flexible Trade Zones: 3428 / 3415 / 3403 / 3392 / 3378 / 3362 / 3354
FOREXCOM:XAUUSDShort
by China_MsWang
Price may pull back into the support zone.Key Elements of the Chart: Instrument: Gold (XAU) vs. US Dollar (USD) Timeframe: 1-hour (1h) Current Price: Approximately $3,389.855 Time of Screenshot: 3:40 AM on June 18, 2025 (UTC+3) Chart Structure and Notations: Price Zones Highlighted: Support Zone: Around $3,370 – $3,380 Target/Resistance Zone: Around $3,450 – $3,460 Price Labels: HH: Higher High HL: Higher Low These indicate an uptrend structure, with buyers in control. White Arrows: Indicate a potential bullish scenario: Price may pull back into the support zone. Then bounce and continue upward toward the $3,450 – $3,460 resistance area. A “V-shaped recovery” is suggested. Descending Wedge Breakout: There’s a small descending wedge pattern within the current move, often interpreted as a bullish continuation pattern. Summary: The chart suggests a bullish bias for gold, projecting a possible retracement to support (~$3,375) followed by a rebound toward resistance (~$3,455). The higher highs and higher lows reinforce this upward trend possibility.
OANDA:XAUUSD
by King_Maker_FX
6/18 Gold Analysis and Trading SignalsGood morning, everyone! Gold traded within a narrow range yesterday, and the buy signal shared during the session yielded profits. From a technical perspective, the market remains in a rebound phase, with key resistance around 3403. If the price breaks and holds above this level, there’s a good chance we’ll see a move toward the 3418–3428 zone today. During the Asian and European sessions, the trading bias should remain on the buy side, while in the U.S. session, it may be more favorable to shift toward short setups, mainly due to expectations surrounding the upcoming Fed interest rate decision—an outlook we discussed yesterday. Key intraday ranges to watch: Asian–European session: 3362–3413 If price reaches the 3425–3435 zone before the U.S. session, short opportunities may emerge As always, manage your positions carefully and adapt to key levels as price unfolds.
FOREXCOM:XAUUSDLong
by China_MsWang
Range-bound Trading amid Geopolitical and Policy GamesGold Market Brief: Range Bound Trading Amid Geopolitical and Policy Games I. Core Drivers - Geopolitical Hedge Cooling: Iran's signal to restart nuclear talks has weakened risk aversion, triggering intraday gold pullbacks, though Middle East tensions remain a wild card. - Fed Policy Expectations: The Fed kept rates unchanged this week, with Powell's "data-dependent" stance fueling 60% odds of a September rate cut. Dovish signals may push gold above $3,400, while hawkish cues could drag it to $3,350. II. Key Technical Levels Supports: - $3,380: 4-hour MA30 + June 17 low ($3,375.5), bolstered by the ascending channel lower 轨 (lower trendline). - $3,350: Daily MA10 + June 12 congestion zone, a psychological pivot for policy betting. Resistances: - $3,400: Intraday high + 4-hour MA10 + descending trendline forming "triple resistance". - $3,450: June 13 high converging with weekly Fibonacci 61.8% retracement ($3,448). III. Short-term Outlook & Focus Points - Range-bound Trend: Gold likely to oscillate between $3,350-$3,450, with breakthroughs hinging on escalated geopolitics or stronger rate cut bets. - Catalyst Events: Monitor June 19 Fed meeting, June 21 CPI data, and Middle East developments as potential range breakers. XAU/USD Trading Strategy for Today buy@3370-3380 tp:3395-3405 sell@3395-3405 tp:3385-3375 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
XAU/USD:Iran's Peace Moves Spark Market TurbulenceI. Iran Signals De-escalation US media reports suggest Iran, under Israeli airstrike pressure, has used Arab intermediaries to send peace signals to the US and Israel—demanding the US stay out of airstrikes as a precondition for restarting nuclear talks, and stressing to Israel that violence control serves mutual interests. II. Israel Stays Resolute Israeli warplanes freely overfly Iran's capital, with Iran's counterattacks proving ineffective. Israel remains focused on dismantling Iran's nuclear facilities and weakening its theocratic regime, showing no short-term incentive to cease fire. III. Gold's Reaction and Strategy Iran's peace overtures triggered gold's plunge to $3,382. Yet with no tangible Middle East de-escalation, dip-buying is advised, with attention on the $3,400 support level. XAUUSD buy@3380-3390 tp:3400-3410 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
XAUUSD Long Setup – Retest of Broken Structure & Safe-Haven FlowGold has pulled back to retest a strong former resistance (now support) zone around $3,385–$3,390. This level aligns with a previous breakout and marks the neckline of an inverted head-and-shoulders pattern. The pair is now showing bullish structure with back-to-back continuation patterns (bull flags), suggesting further upside potential. Given escalating geopolitical risk (Iran-Israel strikes, Trump-led evacuation urgency), slowing Fed cut expectations, and softening inflation-adjusted yields, gold remains in demand. 🔍 Technical Analysis: Structure: Higher highs and higher lows maintained. Support Zone: $3,385–$3,390 (retest zone) – bulls stepping back in. Targets: TP1: $3,451 TP2: $3,470 TP3: $3,495 (new local high) Stop Loss: Below $3,369 (recent low) Pattern Context: Bull flags continue to form and break bullish – reinforcing trend. 🧠 Fundamental Context (June 17): Bullish Drivers: Middle East escalation → safe haven bid surging (Iran missile launches, Israeli retaliation, US political chaos). Fed on pause → real yields are subdued, favoring non-yielding assets like gold. Convexity & bond volatility rising → investors hedging with hard assets (confirmed via CME sentiment reports). Risks: Sudden peace deal or ceasefire. Unexpected US CPI spike → reawakens rate hike fears. 📅 Key Events to Watch: Fed speeches (confirmation of dovish tone) Any ceasefire or major diplomatic development Oil movement (energy risk spillovers)
OANDA:XAUUSDLong
by ultreosforex
10
Gold (XAUUSD) – Demand Zone Holding, Silver Leading BreakoutGold has respected its demand zone near $3,367–$3,382 and is attempting to bounce higher. Importantly, Silver (XAGUSD in pink overlay) is leading the upside move, having broken out cleanly above $37.00 and still climbing. This confirms the bullish momentum across precious metals. Geopolitical tensions, dovish Fed commentary, and risk-off market conditions continue to favor a move toward $3,451, $3,471, and possibly $3,495. 🔍 Technical Breakdown (4H) Support Zone: $3,367–$3,382 (retest of broken resistance) Bullish Structure: Rising lows, trendline holds, and higher timeframe support remains intact Projected Targets: 🎯 TP1: $3,451 (recent high) 🎯 TP2: $3,471 (key extension) 🎯 TP3: $3,495 (top of range) Stop Loss: Below $3,351 (invalidates demand structure) 🪙 Silver (XAGUSD) Overlay Insight: Currently at $37.11+, showing leadership in the breakout. Suggests gold will likely follow through — watch for Gold catching up. 🧠 Macro & Fundamental Context (June 17) Bullish Drivers: 🔥 Ongoing Middle East war escalation (Iran-Israel, US troop buildup) 🏦 Dovish Fed tone, soft retail sales, rate cuts expected from Sept 🧾 Silver strength confirming demand across metals Risks: ☮️ Unexpected ceasefire headlines could cause knee-jerk pullbacks 📈 Hot inflation data or hawkish Fed rhetoric could pressure upside 📅 Key Events to Watch: FOMC members' speeches this week US Core PCE inflation print War headline velocity — particularly involving shipping or direct US-Iran confrontation 🧭 Strategy Suggestion: Tactical Buy on Rejection Wick from current demand zone Watch Silver momentum — if it breaks $37.50+, gold likely catches up fast Consider scaling out around $3,451–$3,471 with final target near $3,495
OANDA:XAUUSDLong
by ultreosforex
7
Falling below 3380,testing 3365,the low position remains bullish📰 Impact of news: 1. Geopolitical tensions in the Middle East 2. Iran nuclear talks 3. Retail sales data 📈 Market analysis: After rebounding to the 3400 line, gold encountered resistance and fell back to test the support level of 3380. Although it was very close to the point of 3405 we gave, I did not enter the trade because gold has been in the middle section in the short term and has not rebounded to the ideal point. There are too many long orders at high levels in gold. The international situation is so tense that gold is still slowly declining, but the geopolitical situation is still continuing. In addition, the retail sales data is bullish. Then, as the trading strategy given at noon, it is expected to test the short-term support of 3365-3355 below. I will consider going long in this range 🏅 Trading strategies: BUY 3365-3355 TP 3380-3390-3400 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:XAUUSDLong
by AllenBoswell-2
3365-3400: The Battle Zone for Bulls and BearsCurrently, gold trades at 3386 📊. Key levels: resistance 3400, support 3365 🛑. Watch real-time news (Fed speeches 🎙️, Middle East geopolitics 🌍), which can shift bull-bear balance 🐂🐻. Long setup: If price drops to 3365-3370 with bullish news (Fed dovish 🕊️, geopolitical tension 🔥) and bullish K-lines (long lower shadows 🕯️), go long 💰. Stop below 3360 🛑. Target 3390-3400 🎯. Take partial profits if news cools 📦. Short setup: If price rebounds to 3400-3405 with bearish news (strong US data 📈, geopolitical ease 🧘) and bearish K-lines (long upper shadows 🕯️), go short 💰. Stop above 3410 🛑. Initial target 3380-3375 🎯. Extend to support if bearish news persists 🔍. Gold Trading Strategies sell@ 3400-3405 tp:3380-3370 buy@3365-3370 tp:3390-3400 Professional trading strategies are pushed daily 📊 Lock in precise signals amid market fluctuations 🚀 Confused about market trends? Stuck in strategy bottlenecks? Real-time strategies serve as your "trading compass" 🌐 From trend analysis to entry/exit points, dissect market logic comprehensively Refer now 📲 Help you move steadily forward in investments ✨ 👇👇👇
OANDA:XAUUSDLong
by LenBessemer
XAUUSD: Accumulation in process,Waiting for Bullish DistributionHello, Today, we will analyse the key points of each significant move. 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=CDTheHeyIndeed, 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_
60
Forward-looking trading, focus on 3380 support📰 Impact of news: 1. Geopolitical tensions in the Middle East 2. Iran nuclear talks 3. Retail sales data 📈 Market analysis: Gold prices are currently in a narrow range of fluctuations again, and the signal of Iran restarting nuclear negotiations has weakened risk aversion, triggering a correction in gold prices during the session, but tensions in the Middle East remain an uncertain factor. In the short term, we still need to focus on the breakthrough of the 3380 support line. If the 3380 support line is strong, we can still maintain a long trading idea in the short term and look to 3400. On the contrary, once it falls below, it is expected to look to the 3350 line. Pay attention to the breakthrough of 3400 on the upside. If the Asian and European sessions cannot effectively break through this short-term resistance, gold will continue to fluctuate. 🏅 Trading strategies: BUY 3380-3370 TP 3390-3400-3450 SELL 3400-3390 TP 3380-3370-3350 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDShort
by AllenBoswell-2
Gold on the Rise! – Bullish Setup in Focus The chart shows a repeating consolidation‑then‑breakout pattern, with Gold forming ascending swing structures, consolidating in rectangles (green), then riding higher along a rising trendline (purple). Price has just bounced off that trendline again, signaling a possible new leg up—potentially targeting the upper range near $3,448–3,450. A clear breakout above that level could open the door toward $3,500+. 📍 Trading Plan 🎯 Entry Long on breakout above recent consolidation highs (~$3,440–3,448). Alternatively, buy the dip near the purple trendline (~$3,385–3,390), with confirmation (hammer candle, bounce). 🛑 Stop‑Loss For breakout: just below the top of the rectangle consolidation (~$3,389). For trendline entry: slightly below recent swing low (~$3,358–3,360). 🎯 Profit Targets Primary: upper rectangle level (~$3,448–3,450). Extension: historic all‑time high region (~$3,500) → next major zone. 🎥 Path Potential minor pullback toward trendline. Bounce establishes support. Surge toward top of range. Breakout with trend continuation to new highs. 📊 Trade Risk & Reward Target ~60–100 pts above entry, stop ~50 pts below → ideal Risk:Reward ≥ 1:1.2. 📌 Key Levels to Monitor Level Role $3,360 Swift dip support (green base line) $3,390–3,400 Trendline confluence zone $3,440–3,450 Breakout area & top of rectangle $3,500 Next major resistance/all‑time high 🧭 Market Context & Drivers Broad uptrend remains intact amid geopolitical tensions, especially the Israel–Iran situation, which continues to support safe-haven flows Markets are positioning ahead of Fed’s June 18 decision; dovish signals could fuel continuation toward new highs (~$3,500+) . Technical structure reflects bullish momentum—ascending wedge patterns with shallow dips and strong trendline bounces . ✅ Summary Bias: Bullish – uptrend intact. Strategy: Go long on dip near trendline or on breakout above $3,445. Stop‑Loss: Just below last swing low ($3,360). Targets: Near-term: $3,448–3,450 Medium-term: $3,500+
OANDA:XAUUSDLong
by KingProTrader