Gold fluctuates at high levels, intraday trading points📰 Impact of news:
1. Initial unemployment claims data
📈 Market analysis:
Gold has begun to show signs of bottoming out in the short term in the past two days. Since the daily line bottomed out and pulled up, the daily line closed positive yesterday, and the bulls began to counterattack, and the 1H low was rising. If it doesn't fall further in the short term, it will most likely bottom out and rebound. The upper pressure is at the Bollinger middle track of 3355, which is also the high point of Tuesday's decline. If gold breaks and stabilizes at this price, it will have a larger upward space, and the upper side will look at 3385. In the 4H chart, MACD temporarily forms a golden cross, which is a bullish signal; but the BOLL track pressure is still there, and gold bears still have momentum in the short term. Therefore, on the whole, in the short term, gold should pay attention to the 3350-3360 resistance above. If it encounters resistance under pressure here, it can consider shorting. Pay attention to the 3330-3320 support area below.
🏅 Trading strategies:
SELL 3350-3360
TP 3340-3330-3320
BUY 3330-3320
TP 3340-3350
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.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
Futures market
Gold in Support and 3rd touch of trendlineLooking at the daily timeframe, I am still seeing strong signs of a bullish confirmations. Firstly that daily support zone has been rejecting the bears' efforts since the beginning of this month and now we have a 3rd touch of the support trendline.
As long as that daily support zone continues to hold, I remain bullish overall. Even if there still consolidation happening on much lower timeframes in the meantime. I will be ready to catch the bull run upon the right confirmations.
Gold Pullback Into Demand – Is Another Bullish Leg Coming?By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected, price began to rise from the $3323 area and reached up to $3350. After this move, gold experienced a minor correction down to $3310, which aligns with a key demand zone.
Currently, gold is trading around $3322, and if price holds above $3313, we can expect another bullish move with $3333 as the first target and $3350 as the second.
This outlook will be invalidated if price closes below $3309.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XAU/USD 15M CHART PATTERNHere's a clear breakdown of your XAU/USD (Gold) buy trade setup:
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🟢 Trade Type: Buy
📌 Entry Point: 3322
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🎯 Targets:
Target 1: 3335
Target 2: 3350
Target 3: 3370
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❌ Stop Loss: 3295
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📊 Risk–Reward Ratio (Approximate):
Target 1: ~1:0.48
Target 2: ~1:1.04
Target 3: ~1:1.78
(Risk: 27 pips, Reward: varies by target)
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✅ Trading Notes:
Use position sizing based on your risk tolerance.
Monitor for volatility (e.g. news releases, market hours).
Trail your stop to lock in profits as price moves past targets.
Would you like me to generate a chart or MT4/MT5 trade script for this setup?
6.26 Gold intraday analysis and forecast—During the European session on Thursday (June 26), spot gold prices fluctuated significantly during the day, first falling and then rebounding, and are currently around 3337.60, fluctuating in a wide range.
The rebound from Tuesday's low of $3295 has risen above the previous support of $3340 (June 20 low), confirming a deeper bullish correction. The currency pair may be in the C-D leg of a small Gartley pattern, moving towards the downward trend line resistance since the mid-June high (previously $3450, currently $3365).
A break above this level will mark a trend reversal and shift the focus to the $3400 line, which suppressed bulls on June 17, 18 and 22.
On the downside, if the above trend line is blocked, it may first seek support at the intraday low of $3330 before looking at the previously mentioned $3295 (June 9 and 24 lows).
Gold Buy- Go for buy if setup given
- just a small trade
- Refine entry with smaller SL for better RR, if your strategy allow
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Check out my previously posted setups and forecasts — you’ll be amazed by the high accuracy of the results.
"I Found the Code. I Trust the Algo. Believe Me, That’s It."
Can we still go long if the decline of gold intensifies?
📊Comment Analysis
Looking back at today's trend, it rose to a high of 3350, and then continued to retreat. The current low is 3310. At present, due to the upward trend line broken by the hourly line, many orders can only be short. The trend is still biased to the short side, and the current market risk aversion does not facilitate the longs. But first of all, one thing can be confirmed that this round of gold decline lasted for a long time, which also enhanced the execution of gold to go long near 3310-3320 in the future.
Since gold has fluctuated greatly in the past two days, it means that the end point of emotions will not disappear so easily for the time being. In the short-term K-line pattern, continuous short-side artillery should not be constantly changed and increased. It is necessary to stop and see appropriately. The early trading is relatively difficult to grasp, but at least the current market has given some signals, so I hope that when the market is in place, your execution will be strong enough, and then you can look at gold according to the trading signals I gave. The rehearsal is definitely exciting enough, but the actual operation is not that simple!
💰Strategy Package
Gold: Pay attention to the low-long opportunities of 3310-3220 in the US market, and defend at the 3300 line. If the retracement continues, go long directly. Otherwise, the upper resistance will be around 3345!
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
GOLD MARKET SNAPSHOT – June 26🟡 GOLD MARKET SNAPSHOT – June 26
Gold dropped sharply from the premium zone after hitting OB + FVG around $3,350. Price broke structure bearish and swept liquidity below $3,315 before rebounding. Currently retesting $3,322 level, with the discount zone and demand still in play.
📉 Resistance: $3,350–$3,360 OB zone
📊 Support: $3,305 / $3,296 strong low
🎯 Watch for possible lower high formation or liquidity grab at $3,330–$3,340 before next move.
Could we be entering another phase of gold consolidation?Gold's impressive rally from 2023 to 2025 completed the two-fold formation of the cup-and-handle pattern.
Notably, while gold would typically rally in response to heightened geopolitical tensions—such as the Israel-Iran conflict and the B2 bombing of nuclear power plants—it has instead shown resilience by retreating and displaying minimal sensitivity to these events. This unexpected behavior suggests that gold may be entering a consolidation phase despite the prevailing uncertainties.
As a Tier I asset under Basel III regulations, gold remains a fundamentally strong investment and is expected to resume its upward trajectory, reaching new all-time highs post-consolidation. The $2,800–$3,050 range presents a favorable entry point for market participants.
Gold Short: Wave 5 of C In this video, I explained my change in the Gold Elliott Wave counts on the cycle level (red font numbering) and how I think the Gold price movement will go down in a double combination (because the previous 2 waves are double combinations).
I also go through how I set the short target using Fibonacci extensions.
Is Gold Setting a Trap for Traders?Gold is currently retesting the FVG zone around 3,392 after breaking below a key trendline — a classic sell-trigger area if price gets rejected.
Bearish momentum is supported by:
U.S. jobless claims: 244K < 245K forecast → Stronger USD
Iran–Israel ceasefire → Reduced demand for safe-haven assets
If price fails to break above 3,392, the next downside target is the 3,299 support zone.
Trade idea: Watch for a rejection around 3,390–3,392 to consider short positions.
Bearish bias remains valid as long as price stays below 3,392.
GOLD 1. Final GDP q/q
Actual: -0.5%
Forecast: -0.2%
Previous: -0.2%
The US economy contracted by 0.5% in the first quarter, worse than the expected 0.2% decline, indicating a sharper slowdown than anticipated.
2. Unemployment Claims (Week ending June 21)
Initial Claims: 236,000
Forecast: 244,000
Previous: 245,000
Initial jobless claims fell by 10,000 to 236,000, lower than forecast and near historically low levels, suggesting that layoffs remain relatively subdued despite economic challenges.
Context:
Despite the drop in new claims, continuing claims (people receiving ongoing benefits) rose to about 1.97 million, the highest since November 2021, indicating some softening in the labor market. Economists expect the unemployment rate to edge up slightly to around 4.3% in June from 4.2% in May.
3. Core Durable Goods Orders m/m (May 2025)
Actual: +0.5%
Forecast: +0.1%
Previous: +0.2%
Core durable goods orders, which exclude transportation, rose 0.5% month-over-month, beating expectations and signaling some resilience in business investment.
4. Durable Goods Orders m/m (May 2025)
Actual: +16.4%
Forecast: +8.6%
Previous: -6.3%
Total durable goods orders surged 16.4%, a strong rebound following a prior decline, indicating a pickup in demand for long-lasting manufactured goods.
5. Final GDP Price Index q/q (Q1 2025)
Actual: 3.7%
This measure of inflation in the GDP deflator remains elevated, reflecting persistent price pressures in the economy.
Summary of Market Implications:
The larger-than-expected GDP contraction signals economic weakness, which could increase expectations for accommodative Fed policy.
The drop in initial jobless claims supports the view that layoffs are limited, but rising continuing claims suggest some labor market softness ahead.
Strong durable goods orders point to underlying business investment strength, providing a mixed but cautiously optimistic outlook.
Elevated inflation as shown by the GDP price index keeps inflation concerns alive.
Overall, the data presents a complex picture of a slowing economy with pockets of resilience and ongoing inflationary pressure.
#GOLD
#XAUUSD #GOLD 30Min 📉📈 #XAUUSD 30m Analysis – Dual Setup Scenario
We’re monitoring two potential trade setups depending on how price reacts at key levels:
🔴 Sell Setup:
Price is entering a Sell-Side Order Block Zone between 3350–3360, aligned with a Fair Value Gap (FVG). This premium zone is likely to act as strong resistance, with potential rejection targeting downside liquidity near 3310 — an ideal area for short positions.
🟢 Buy Setup:
If price sweeps below and taps into the Liquidity Zone / Demand Area around 3305–3311, we’ll watch for a bullish reversal from this discount zone. This area offers a favorable setup for long entries, aligning with institutional buying levels.
📌 Be sure to mark these key zones on your chart for enhanced clarity and execution.
💬 What’s your outlook on Gold? Share your thoughts below 👇
XAUUSD Daily Analysis
Gold is currently trading at a premium level after rejecting recent highs. The market is showing signs of weakness with a series of lower highs, suggesting a potential retracement. A key level to watch for a possible reaction or turnaround is around $3,225, which aligns with previous structural support and falls near the discount zone of the recent range. If price reaches this area, it could offer a favorable risk-reward opportunity for buyers depending on the reaction.
Copper breaks outFinally joining silver and platinum, copper has broken out above key $5.00 level. With prices making higher highs and higher lows ever since bottoming in April, dip-buyers will be keen to step in on any short-term weakness we may see moving forward. For as long as support now holds at $5.00, the bulls will be happy. The line in the sand is now at $4.79, marking the recent low.
The macro backdrop remains bullish, with global copper demand seen rising significantly in the coming years. This is primarily due to the global energy transition and technological advancements. Copper is used in electric vehicles, solar panels, wind turbines, as well as the more traditional uses like construction and electronics. With the AI revolution, another source of demand for copper consumption will be from data centers.
By Fawad Razaqzada, market analyst with FOREX.com
Gold volatility intensifies. Waiting for direction?The price of gold fluctuated greatly this week, which means that the end point of sentiment will not disappear so easily for the time being; in the short-term K-line pattern, there are continuous ups and downs. If you want to trade steadily, you can wait and see for a while.
From the hourly chart, the MA5-day and 10-day moving averages cross downward, and the RS indicator hovers around 40.7. This shows that the market trend is weak. The current price has bottomed out near 3310 and rebounded to fluctuate around 3320. The price may continue to decline after a slight rebound.
Today, focus on the long opportunities near 3305 and the pressure position above 3345.
Quaid has always believed that only by insisting on detailed analysis of the market and reducing losses, can we slowly accumulate the principal of the account.
Good luck to everyone.
GOLD: Long Trade with Entry/SL/TP
GOLD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GOLD
Entry Point - 3321.6
Stop Loss - 3316.9
Take Profit - 3330.6
Our Risk - 1%
Start protection of your profits from lower levels
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