GOLD, back at higher base. BUY at 3250 enroute to ath 3500 / 4k.GOLD had a wonderful run this past few seasons grinding up a series of ATH taps every higher baselines since 1500.
After goin to a new parabolic highs of 3500 ATH, GOLD did hibernate a bit and got trimmed back to 3240 levels -- a precise 61.8 FIB tap. This is where most buyers converge, and position themselves on the next run up.
The next ascend series will be far more generous eyeing new higher numbers never before seen. Ideal seeding zone is at the current price range of 3250.
Current higher lows on momentum metrics has been spotted conveying intense upside pressure as it moves forward.
Spotted at 3250
Interim target at 3500 ATH
Long term: 4000
TAYOR.
Trade safely. Market will be market.
Not financial advice.
Futures market
Bearish Setup for GoldGold is currently in a retracement phase after breaking below the mid Keltner channel zone. The small upward arrow marks this temporary relief rally, which I anticipate will be short-lived.
Price is testing the lower band of the inner Keltner channel after rejecting from the upper zones. The structure suggests a classic lower high formation before a potential major sell-off, targeting the deeper liquidity zones around $3,218 – $3,160 and possibly $3,080 if momentum accelerates.
📉 Bias: Bearish
📌 Invalidation: A clean break and close above the red resistance block (~$3,320+)
📌 Target Zones: $3,218 → $3,160 → $3,080
🔔 Look for volume drop and wick exhaustion confirming the next leg down.
This retracement may offer one final short entry opportunity before a deeper correction unfolds.
Gold: eased on tariffs dealAs geopolitical and economic tensions are slowly settling down, the price of gold eased its road toward the higher grounds. During the previous week, gold was traded with a bearish sentiment, dropping from the level of $3.395 down to $3.262. The main causes behind the drop in the price of gold are related to decreased tensions in the Middle East, as well as, settlement of the trade tariffs deal between the U.S. and China. Although the details of this deal was not disclosed publicly, still, the market reacted positively to the news. Investors moved funds from safe-haven assets toward the equity and the crypto market, as riskier ones in a quest for higher returns.
The RSI took the down path, ending the week at the level of 41. The indicator is currently clearly on the road toward the oversold market side. The price of gold breached the MA50 line during the previous week, which was acting like a support line for the price of gold during the previous period. The MA200 continued with an uptrend, following the MA 50 line. There is a high distance between two lines, so the potential cross is still not in the store for the price of gold.
Charts are pointing that the gold is on the easing road currently, with a potential for further correction in the coming period. The RSI is indicating that the oversold market side might be reached in the coming period, which means that the price could further ease. The bottom of the current correction might be $3.180, which was the highest level in mid April this year. Still, some short reversals are quite expected on this road, in which sense, Monday might start with a short attempt for higher grounds. In this sense, the $3,3K level might be tested.
XAUUSD – June 30, 2025: Trade Strategy Right Now – Focus on SellGold OANDA:XAUUSD has been recovering slightly toward the 3,282 USD zone, but macroeconomic headwinds remain strong:
- The U.S. Dollar Index (DXY) TVC:DXY remains above 106.3 – the highest level in a month – making gold less attractive due to increased opportunity cost.
- U.S. 10-year Treasury yields remain firm around 4.35%, reflecting market expectations that the Fed will maintain tight monetary policy.
- Core PCE data for June remains elevated, far from the Fed's 2% target – lowering the likelihood of a rate cut anytime soon.
- Geopolitical tensions are cooling off, reducing demand for safe-haven assets like gold.
➡ These macro factors suggest that the current rebound in gold is more technical than fundamental, and unlikely to signal a major trend reversal.
1. Technical Analysis – XAUUSD OANDA:XAUUSD on D1 Timeframe
- After bouncing from 3,255 USD, price is now testing the 3,285 – 3,295 USD resistance zone.
- This is a Fibonacci retracement zone (0.5 – 0.618) from the previous bearish leg 3,314 → 3,255.
- EMA20 and EMA50 remain downward-sloping, signaling that the dominant trend is still bearish.
- RSI is hovering around 52, suggesting mild momentum but not enough for a confirmed bullish reversal.
➡ The current price behavior aligns with a pullback within a downtrend, with potential for continuation to the downside.
2. Trade Setup – Short-Term Sell Strategy
Primary Setup: Sell the Rally
Entry: Sell near 3,294 – 3,295
Stop Loss: 3,300
Take Profit 1: 3,260
Take Profit 2: 3,244
Take Profit 3: 3,225
Ps: Gold OANDA:XAUUSD is showing signs of a technical bounce, but fundamentals and structure still support the downtrend. Selling at resistance remains the preferred strategy as long as macro pressure persists.
The strategy will be updated continuously – don't forget to save and follow to avoid missing key opportunities.
Analysis by @Henrybillion
Oversupply Meets Tepid Demand Weighing Down on Soybean MealSoybean meal futures rose in mid-June amid Israel-Iran tensions but retreated after a ceasefire. Even a 129% month-on-month surge in China’s May soybean imports failed to support prices.
Spike in import volumes is a consequence of normalisation in customs clearance and a rebound in crushing plant activity. In April, imports plunged to a decade low of 6.08 million metric tonnes due to delayed Brazilian shipments and port congestion. June imports are expected to remain elevated (~12 million tonnes), fuelling oversupply concerns.
Rising soybean oil prices, driven by higher crude and seasonal biofuel demand, have led to increased crushing, further boosting meal supply.
China’s terminal feed factories are working through high inventories, dampening near-term demand. With China accounting for two-thirds of global bean imports, anaemic demand is a solid bearish price driver.
Elevated supply and tepid Chinese demand pose downside risk for soybean meal prices in the near term.
TECHNICAL SIGNALS POINT TO BEARISHNESS AS WELL
Bearish momentum in soybean meal has strengthened, with prices sliding sharply since 23/Jun. A death cross formed on 25/Jun, as the 21-day Displaced Moving Average (DMA) crossed below the 9-day DMA amplifying bearish sentiments.
Additionally, prices fell below the 50-day DMA on 24/Jun and have remained below it, reinforcing the downward trend.
Bearish MACD and a weakening RSI signal continued weakening of meal prices.
OPTIONS MARKET SIGNAL BULLISHNESS IN THE MEDIUM TERM
For the week ending 16/Jun, Managed Money’s net long positioning in soybean meal futures fell by 23.4%, reflecting an 11% drop in longs and an 8.9% rise in shorts.
Soybean meal's implied volatility has risen since 25/Jun, with skew picking up from 27/Jun, despite falling prices. This points to rising uncertainty & potential for wider price swings.
Source: CME CVOL
Option open interest points to muted activity in the near term. However, Overall open-interest put-call-ratio point to bullishness.
Source: CME QuikStrike
Strong call OI buildup from July to November signals medium-term recovery hopes.
HYPOTHETICAL TRADE SETUP
The downtrend in soybean meal futures looks set to persist, with both technical and fundamental signals reinforcing bearish sentiment.
While rising IV, skew, and an oversold RSI hint at a possible near-term bounce, any mean reversion is likely to be short-lived without a shift in underlying fundamentals.
Seasonally, July–August tends to mark seasonal lows as inventory builds pressure prices further, particularly in China.
This paper posits a tactical short on CME Micro Soybean Meal August futures (MZMQ25 expiring on 25th Jul), targeting a decline in prices.
Investors can use the CME Micro Soybean Meal Futures, which are sized at one-tenth (10 short tons) of standard contracts (which are 100 short tons). This allows for a cost-effective method to express a short-term bearish stance. As of 27th Jun, the minimum exchange margin on this contract is USD 170 per lot.
• Entry: USD 284.5/Short Ton
• Potential Profit: USD 264.5/Short Ton (284.5– 264.5= 20) x 10 = USD 200
• Potential Stop-Loss: USD 297/Short Ton (284.5- 297 = -12.5) x 10 = USD 125
• Hypothetical Reward-to-Risk Ratio: 1.6x
MARKET DATA
CME Real-time Market Data helps identify trading set-ups and express market views better. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme .
DISCLAIMER
This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services.
Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. Please read the FULL DISCLAIMER, the link to which is provided in our profile description.
GOLD(XAUUSD): Bearish Trend Will Resume SoonGOLD appears to be bearish on an intraday chart following the violation of a key support zone.
The broken structure and descending channel resistance line now indicate a tightening supply area.
A significant bearish movement is likely to follow. The next support level is at 3249.
XAU/USD Chart Analysis: Price Retreats to Monthly LowXAU/USD Chart Analysis: Price Retreats to Monthly Low
In mid-June 2025, demand for gold surged following reports of exchanged strikes between Israel and Iran, along with US bombings of Iran's nuclear facilities. As a so-called safe-haven asset, gold prices climbed towards $3,430.
However, by the final day of June, the XAU/USD chart shows that gold had retreated to around $3,250, marking the lowest level in a month.
Why Is the Gold Price Falling?
On one hand, this reflects easing tensions in the Middle East, as a ceasefire—albeit fragile—between Israel and Iran remains in place.
On the other hand, the risk of trade wars is also diminishing. According to media reports:
→ President Donald Trump announced last week that the United States had signed a trade agreement with China and hinted that a “very major” deal with India would follow soon.
→ The US is also close to concluding agreements with Mexico and Vietnam, while negotiations with Japan and many other countries are ongoing.
Technical Analysis of the XAU/USD Chart
Looking at the broader picture, it is worth noting that gold prices in 2025 continue to move within a long-term upward channel (shown in blue), with the following key observations:
→ The channel’s median line acted as resistance (indicated by arrow 1);
→ The line dividing the lower half of the channel in half also showed signs of resistance (indicated by arrow 2).
Now, gold is trading near the lower boundary of the channel – a key support level within the multi-month uptrend. Demand may begin to strengthen here, with long lower wicks on candles on the lower timeframes supporting this view.
A rebound from the lower boundary is possible in early July, but how strong might it be? Note that bears have taken control of the $3,345 level (which has now flipped from support to resistance), and there are signs of a triple top pattern (A-B-C) forming near the $3,430 resistance. This raises the risk of a bearish breakout from the ascending 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.
Market Analysis: Oil Slides — Traders Eye Macro TriggersMarket Analysis: Oil Slides — Traders Eye Macro Triggers
WTI Crude oil is down over 15% and remains at risk of more losses.
Important Takeaways for WTI Crude Oil Price Analysis Today
- WTI Crude oil extended losses below the $68.00 support zone.
- A major bearish trend line is forming with resistance near $65.60 on the hourly chart of XTI/USD at FXOpen.
Technical Analysis of WTI Crude Oil Price
On the hourly chart of WTI Crude Oil at FXOpen, the price struggled to continue higher above $77.00 against the US Dollar. The price formed a short-term top and started a fresh decline below $72.00.
There was a steady decline below the $70.00 pivot level. The bears even pushed the price below $68.00 and the 50-hour simple moving average. Finally, the price tested the $63.70 zone. The recent swing low was formed near $63.69, and the price is now consolidating losses.
On the upside, immediate resistance is near the $65.60 zone. There is also a major bearish trend line forming with resistance near $65.60. The next resistance is near the $66.80 level or the 23.6% Fib retracement level of the downward move from the $76.93 swing high to the $63.69 low.
The main resistance is $70.30 and the 50% Fib retracement level. A clear move above the $70.30 zone could send the price toward $71.90.
The next key resistance is near $76.90. If the price climbs further higher, it could face resistance near $78.00. Any more gains might send the price toward the $80.00 level.
Immediate support is near the $63.70 level. The next major support on the WTI Crude Oil chart is near $62.00. If there is a downside break, the price might decline toward $60.00. Any more losses may perhaps open the doors for a move toward the $55.00 support zone.
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.
GOLD | Pressure Below Pivot – Eyes on 3255 and 3238GOLD | Market Outlook
The overall momentum remains bearish as long as the price trades below the pivot line at 3297.
Currently, the price is attempting to stabilize below 3281, suggesting a potential continuation of the downtrend toward 3270 and 3255.
A confirmed 1H close below 3255 would further strengthen the bearish scenario, opening the way toward 3238.
Sell Setup:
Valid if 1H candle closes below 3281→ Targets: 3270 and 3255
Buy Setup:
Valid if 1H candle closes above 3297→ Targets: 3314
Key Levels:
• Pivot: 3281
• Support: 3255 / 3238
• Resistance: 3297 / 3314
OIL |Bearish Pressure Builds as OPEC+ Prepares Fresh Output Hike OIL | Market Overview
Oil prices edged lower on Monday despite strong seasonal demand, as the market prepares for an increase in supply. OPEC+ is set to raise production by 411,000 barrels per day starting Tuesday, marking the fourth monthly increase in output. Another similar hike is reportedly under consideration for August, which may further pressure prices.
Technical Outlook
The price remains within the bearish zone and is expected to continue its decline as long as it trades below the pivot level at 65.83.
A daily candle close above 65.83 is required to confirm a potential bullish reversal.
Until then, the bearish trend remains intact, targeting 63.47, 61.83, and potentially 60.16.
Key Levels
Pivot: 65.83
Support: 63.47 / 61.83 / 60.16
Resistance: 68.33 / 69.55
Excellent start of E.U. sessionAs discussed throughout my yesterday's session commentary: "My position: I am Highly satisfied with my Profit and will take early weekend break, not catching a Falling knife."
I have monitored the Price-action from sidelines throughout Friday's session as explained above however mid E.U. session I have engaged two #100 Lot Buying orders on #3,278.80 few moments ago and closed both of my Scalps on #3,285.80 with excellent Profit.
Quick update: No Swing orders today, only aggressive Scalps similar to Scalp orders I mentioned above from my key re-Buy points. If #3,300.80 is recovered, newly formed Bullish structure will push for #3,313.80 and #3,327.80 test. If #3,300.80 benchmark is preserved, I will still keep Buying (Scalp only however). I will have Gold's major move revealed after today's session.
Gold has shown signs of recovery DowntrendXAUUSD Gold Technical Outlook – June 30
Gold has shown signs of recovery at the start of the session, largely supported by a weaker U.S. dollar. However, the upside remains uncertain as long as the price stays below key resistance zones.
Gold is still in a downtrend Price action suggests a potential correction phase Key resistance area lies between 3294 – 3312 Failure to break this zone keeps the bearish pressure intact.
If the price fails to hold above 3272, further downside targets are
Key Levels:
Resistance: 3294 / 3305 / 3312
Support: 3272 / 3255 / 3245
You may find more details in the chart Ps Support with like and comments for better analysis share with you.
Who will be the winner in the battle between bulls and bears?From the analysis point of view, the short-term resistance above is around 3295-3301, and the pressure at 3315-3316. Focus on the pressure at 3324, the long-short watershed. In terms of operation, the rebound will continue to be the main short and look for a decline. The short-term support below is around 3250-3255. Relying on this range, the main tone of high-altitude participation remains unchanged.
Gold sell ideaGold is rebounding after sweeping Friday's low liquidity, driven by a weak dollar. Despite the upside move, the 1-hour structure remains bearish. We anticipate a potential false breakout above $3,307.00 followed by a sell-off back to the $3,271.00 lows. If the bulls can regain control, gold may bounce back and resume its growth. However, failure to do so could lead to a decline towards the $3,245 support level
GOLD: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 3,295.36 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Gold in a Pause – Pullback or Opportunity?Hey traders!
What’s your take on gold today?
Gold is currently in a pullback phase after its recent rally, hovering around $3,278 with the $3,300 level acting as short-term resistance.
On Friday, the US dollar gained momentum while Treasury yields climbed across the curve, putting pressure on the yellow metal. In addition, geopolitical tensions in the Middle East have eased following a ceasefire between Israel and Iran — further reducing gold’s safe-haven appeal.
📊 On the chart, bearish momentum seems to be in control for now, with $3,300 emerging as a key zone. For sellers, it could be a solid entry on a retest. For buyers, it might serve as a perfect bounce zone if bullish momentum returns.
So, which side are you on?
Drop your thoughts below — and as always, happy trading!
Possible Movement of Silver: Watch the Golden Zone RetestSilver has broken above a two-top downtrend with a strong bullish impulse, marked by a long white candle. Currently, it appears to be forming a Head and Shoulders pattern. A break below the neckline and the supporting uptrend could lead price back to the golden zone—around the base of the breakout candle—before resuming its upward move toward the main target near $39.
Watching Gold Tap Liquidity Before the Next DropGold is still clearly in a bearish structure on the 1 hour chart. We’ve seen a solid break of structure to the downside and price is now retracing.
What stands out is how price is pushing back up into multiple areas of interest. There’s liquidity resting just above this minor high along with a fair value gap and the underside of a bearish trendline. This cluster makes it a likely spot for sellers to step back in.
If price fills the imbalance around that FVG, it could set up the next leg lower. I’ll be watching closely for signs of rejection in this zone to see if the market is ready to continue the move down.
No reason to rush in early. Let price come to the levels that matter and confirm with a reaction. Staying patient pays.
XAUUSD Nears Key Rejection ZoneHello all dear traders!
Currently, XAUUSD is still in a clear downtrend, with lower highs and lower lows – a characteristic of a market controlled by sellers. Now the price is rebounding to an important resistance zone – which was previously a demand zone but was broken. It coincides with the EMA cluster and falls right into a technical confluence area. This is a very typical "retest" before the price continues to fall.
If you have experience, you will know: there is nothing more dangerous than buying in a downtrend, just because the price is recovering.
On the macro side, the current context is not favorable for gold: Middle East tensions have temporarily subsided, the USD is recovering slightly, US bond yields are still high, and US inflation data is showing signs of cooling down. That is: gold is losing its role as a haven and a hedge against risks – money will gradually withdraw from gold if there are no more unexpected fluctuations.
Given the convergence of these technical and fundamental factors, I am leaning strongly towards a continuation of the downside, with the possibility of a further decline towards the lower boundary of the channel. Traders should wait for a clear price reaction at the resistance zone – if they see a strong rejection signal (e.g. pinbar, engulfing candle, or exhausted volume), it is a very good opportunity to enter a position.
Gold continues to be weak, but be careful about operations
📣Gold prices fell 2% last Friday, hitting a near one-month low. Optimistic trade-related agreements boosted risk appetite and weakened the attractiveness of gold as a safe-haven asset. This week, the market will usher in a group meeting of major central bank governors around the world (Fed Chairman Powell, European Central Bank President Lagarde, Bank of England Governor Bailey, Bank of Japan Governor Kazuo Ueda, and Bank of Korea Governor Lee Chang-yong). The market will also usher in non-agricultural data. In addition, Powell's remarks on whether to resign may ignite the market this week. Gold prices may fluctuate more around the lower track of the Bollinger Band at $3,270/ounce this week.
Technical analysis:
Last Friday, the K-line had a lower shadow, and the Bollinger Band did not diverge. It is not easy to go short directly in operation, but wait for the rebound to confirm 3295 and the key resistance of ma5 to be short.
💰 Operation strategy: Rebound to 3280-3283 to go short, target 3270-3265, stop loss 3288-3290
WTI will most likely fall to 55.There will be a lot of oil on the market in next few weeks. Im expecting a sharp fall on WTI after this consolidation and the most likely level which can hold is 55 weekly level. All lines represents target levels. If you decided to trade this idea, TP partially, use proper sizing. Wish you good luck.