USD under pressure ahead of PCE—gold holds $3,300The euro has reached its highest level since October 2021, driven in part by commitments from European leaders to increase NATO defence spending.
The swing factor for the euro dollar in the shorter term is the possibility of US rate cuts. Critical for this will be US inflation data, starting with tomorrow's PCE report. If tariffs fail to significantly lift inflation, the case for a July rate cut strengthens—adding further pressure on the dollar.
That weakness is also supporting gold. XAUUSD is above $3,300. Recent price action has formed a potential symmetrical triangle on the daily chart—a structure that can precede a breakout. A move above $3,400 could signal renewed bullish momentum.
CFDGOLD trade ideas
$XAUUSD Holding Key Support, Bounce Incoming?Gold is still holding the key support zone around $3,285–$3,290, which aligns closely with the 0.5 Fib retracement level.
As long as this area holds, we could see a push toward $3,320, and if momentum follows through, $3,373 (Fib 0.236) is the next key level to watch.
The structure looks solid, and buyers are showing interest.
Keep an eye on a breakout above the descending trendline. 👀
DYOR, NFA
#XAUUSD #GOLD
Trade Idea: Long XAUUSD (BUY STOP)1️⃣ Multi-Timeframe Structure
• 1 Hour (Macro):
• Trend: Bullish. 20 SMA is riding above the 50 SMA .
• Price has broken above the prior resistance at 3374.50 and is now retesting it as support.
• 15 Minute (Tactical):
• After a clear push down into 3340.37, price rallied back above 3374.50.
• SMAs have flipped back bullish, and volume during the retest shows absorption of selling pressure.
• 3 Minute (Entry Precision):
• Micro-green candle wicks show a small scratch of buyers stepping in just above 3374.50.
• Momentum is picking up to the upside, but we want confirmation of strength before committing.
⸻
2️⃣ Trade Execution
▶️ Entry: Buy Stop at 3379.50
• Wait for a clean 3 m/15 m push above the short-term swing high (~3379) to confirm buyers are in control.
✂️ Stop Loss: 3374.50
• Just below the broken resistance-turned-support level.
• True structural invalidation of this bullish thesis.
🎯 Take Profit: 3394.50
• Targets the next logical resistance cluster (round number area and prior swing highs) for ~15 pt gain.
Risk-Reward ≈ 1:3 (SL = 5 pts, TP = 15 pts)
⸻
3️⃣ Invalidation & Expiry
❌ Cancel the pending Buy Stop at 3379.50 if either:
1. A full 15 m candle closes below 3374.50 before entry.
2. It’s not triggered by 8:30 AM PST.
XAUUSD Hello Traders! 👋
What are your thoughts on GOLD?
Gold has broken above a major resistance level, and price has closed firmly above this zone, signaling strong bullish momentum and a shift in market sentiment.
We expect a brief pullback in the short term, followed by a resumption of the upward move toward higher targets and new highs.
As long as price remains above the identified support level, the bullish outlook remains valid.
Is gold ready for its next leg up after the pullback? Share your thoughts below! 🤔👇
Don’t forget to like and share your thoughts in the comments! ❤️
June 27, 2025 - XAUUSD GOLD Analysis and Potential OpportunitySummary:
The 3310 zone has shown strong support. If this level breaks, bearish pressure is likely to increase.
On the upside, the 3350 area remains a strong resistance — if price approaches but fails to break through, it could offer a good short opportunity.
Keep a close watch on these two zones. Until a breakout occurs, treat price action as range-bound.
I'll be updating again during the London session — need a quick rest now 😴. Stay tuned!
🔍 Key Levels to Watch:
• 3364 – Resistance
• 3350 – Midpoint / Intraday Key Resistance
• 3345 – Resistance
• 3337 – Critical Resistance
• 3321 – Support
• 3310–3312 – Intraday Key Support
• 3300 – Psychological Support
• 3295 – Support
• 3285 – Support
📉 Intraday Strategy:
• SELL if price breaks below 3325 → watch 3321, then 3318, 3310, 3300
• BUY if price holds above 3337 → target 3343, then 3350, 3358, 3364
👉 If you want to know how I time entries and set stop-losses, hit the like button so I know there's interest — I may publish a detailed post by the weekend if support continues!
Disclaimer: This is my personal opinion, not financial advice. Trade with caution and always manage your risk.
Gold (XAUUSD) – Pullback Setup Before Breakout? – JUNE 26, 2025🟡 GOLD PRICE OUTLOOK – June 26, 2025
Bias: Bullish | Looking for long entry on pullback
📊 Technical Overview :
OANDA:XAUUSD Gold continues to build a bullish market structure, forming consistent Higher Highs (HH) and Higher Lows (HL). Price is currently moving within a rising wedge, approaching a short-term resistance zone.
🔴 Sell Zone (Resistance) : 3359 – 3373
– Rising wedge top + upper trendline
– Fakeout trap possible near 3379.26
🟢 Buy Zone (Support) : 3294 – 3300
– Strong confluence zone
– Matches previous structure support + trendline
– Ideal for HL formation and long setup
🌍 Fundamentals & Macro Drivers :
💵 USD Weakness:
• DXY near 3.5-year low after Powell replacement rumors
• Boosting gold's upside momentum
☢ Geopolitical Risk:
• Iran–Israel ceasefire in place, but fragile
• Safe-haven demand still supportive
🏦 Central Bank Demand:
• 20% of global gold demand from central banks
• China 🇨🇳 & India 🇮🇳 are major buyers
📅 Upcoming Catalysts:
• US PCE Inflation & GDP due tomorrow
→ Weak data = Potential breakout above 3370+
📌 Trade Plan :
✔ Watch for rejection at 3359–3373
✔ Long setup if price retests 3294–3300
🎯 Target = 3370+
❌ Invalidation = Daily close below 3280
📈 Summary :
Gold remains structurally bullish, supported by weak USD, central bank demand, and macro risks.
Waiting for a healthy pullback into demand for long continuation setups.
Gold $3300 TestWith geopol tensions easing, gold prices have continued to pullback and this morning brought the first re-test of $3300 in a couple of weeks. So far, that support has held and with the Fed talking up rate cut potential even in light of higher inflation projections, that's a factor that could contribute to bullish moves in gold. The bigger question is price action related, however, and whether the build of short-term higher-lows at $3300 earlier today can lead to a larger tide of strength.
The prices of $3325.60 and $3350.02 are both key short-term resistance levels, and if bulls can power through that, the door opens for re-tests of $3400 and then $3435.
On the underside of prices, the $3250 level was a key swing of support as taken from prior resistance, and that's the next major spot below. - js
GOLD Ceasefire Violations Alleged:
Despite the ceasefire, both sides have accused each other of violations:
Israel reportedly struck a radar site north of Tehran just hours after the ceasefire was due to take effect, but refrained from further attacks following a direct call between Trump and Netanyahu.
Iranian missiles were fired toward Israel after the ceasefire announcement, but it is unclear if these were intentional breaches or operational delays.
GOLD safe haven appeal resumes buying in the face of war and geopolitical tension in middle east
GOLD - WAVE 5 BULLISH TO $3,734 (VIDEO UPDATE)Here’s an updated video analysis, as ‘Minor Wave 2’ is still forming & pulling back deeper into the $3,285 zone which I mentioned for you all last week.
We’ll be keeping an eye around this zone for a slow down in bearish momentum & if we get it, we’ll enter a buy trade. If momentum doesn’t slow down, we will let it go towards $3,245 & invalidate bullish structure. That way we know to look for sell’s 📉
TP1: $3,374
TP2: $4,300
GoldKey Data Points:
Current Price: 3,309.065 USD
Open: 3,358.435 USD
High: 3,363.900 USD
Low: 3,307.295 USD
Change: +1.77% (+59,760 points)
Volume: Not explicitly stated but implied by "1B" (likely 1 billion units).
Price Action & Technical Observations:
Trend:
The price is currently below the open (3,309.065 vs. 3,358.435), suggesting a pullback after an intraday high of 3,363.900.
The +1.77% daily gain indicates overall bullish momentum, but the candle shows rejection near highs (wick formation).
Support/Resistance Levels:
Resistance:
Immediate: 3,362–3,375 USD (previous highs/profit targets).
Strong: 3,406–3,425 USD (key profit levels).
Support:
Immediate: 3,288–3,265 USD (labeled "Entity" and "Profit" zones).
Strong: 3,250 USD (psychological level).
Profit Targets:
The chart marks three profit-taking levels:
3,323 USD (minor), 3,362 USD (mid), 3,406 USD (major).
This suggests traders are eyeing these levels for potential reversals or take-profit actions.
Volume & Momentum:
The "+59,760" change with "1B" volume implies strong buying interest, but the long upper wick hints at selling pressure near highs.
Potential Scenarios:
Bullish Continuation:
If price holds above 3,288–3,265 USD, a retest of 3,362–3,406 USD is likely.
Bearish Reversal:
A break below 3,265 USD could trigger a drop toward 3,250–3,225 USD.
Can XAUUSD Continue to Go Up?Last week was a bearish one for XAUUSD, following a strong bullish surge the week prior. The key question now is: can gold reclaim the highs it reached two weeks ago?
From a macro perspective, institutions remain net long and have even increased their long positions, signaling continued confidence in gold as a safe-haven asset. On the geo-economic front, tensions in the Middle East persist, with growing involvement from the U.S., adding to the uncertainty that typically supports gold prices.
Personally, I maintain a bullish bias on XAUUSD for now, supported by both fundamental and geopolitical drivers. However, if the landscape changes — whether through technical invalidation or shifts in sentiment — I’m prepared to adapt accordingly.
Hold on to the high point and go short decisively!Gold closed the weekly line today, maintaining the idea of oscillating downward. The 4H consecutive negatives tested the support of the lower Bollinger track. Although it was roundabout and saw-sawed, every decline would be accompanied by a new low. Therefore, hold the high point to see the bottom break and accelerate. The lower side will gradually look to 3338 and 3315. Among them, 3315 is a strong support for the weekly line. If it is not broken, you can consider going long; the upper rebound pressure is 3361 and 3375. In terms of operation, short according to the rebound strength, and the specific points are subject to the bottom 🌐 notification.
Operation suggestion: Short gold in batches near 3361-3375, with a target of 3350-3340.
GOLD → Bear pressure. Area of interest: 3340–3306FX:XAUUSD continues to decline under pressure from sell-offs. However, the situation is interesting overall, as there is conflicting data and unexpected price behavior is surprising the market...
On Tuesday, gold is trying to regain the $3,400 level after pulling back from highs, but it is still facing selling pressure and returning to $3,377. The market reaction to the $3,377 level is quite weak, and if the price starts to stick to support, this will lead to a further decline. The dollar is strengthening as a safe-haven currency, holding back gold's growth. The markets are focused on the outcome of the Fed and Bank of Japan meetings, as well as US retail sales data. Any dovish signals from the Fed could support gold and weaken the dollar.
Technically, on D1, gold is returning below the 3382 level (selling zone) and testing 3377. The reaction to the false breakout of support is weak, and the price is forming a pre-breakdown consolidation relative to 3377. There are clear areas of interest that could lure the price before the news. For example, 3343, 3306, 3245.
Resistance levels: 3382, 3403.
Support levels: 3377, 3339, 3320
The bearish structure will be broken if the price strengthens to 3403 and consolidates above that level. This will reinforce buyers' expectations, which could lead to growth. At the moment, I would expect two scenarios: price consolidation within 3377-3403. But technically, the chart shows that there is bearish pressure in the market. The price continues to storm the support level of 3377, which may not hold up against another retest. A break 3377 could lead to a fall to the areas of interest at 3339-3306.
Best regards, R. Linda!
XAU/USD) Back support level Read The captionSMC trading point update
Technical analysis of XAU/USD (Gold Spot vs U.S. Dollar) – 2H Timeframe:
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XAU/USD Bearish Rejection from Resistance – Short-Term Sell Setup
Key Observations:
1. Rejection from Upper Channel & Resistance Zone:
Price was rejected sharply after touching the upper boundary of the ascending channel and the newly established resistance zone (~3400–3420).
A strong bearish candle confirms selling pressure at the top.
2. Support Retest in Progress:
The price is currently descending toward the EMA 200 and the KYY support zone (approximately 3343–3348).
The previous bounce originated from this level, making it a significant retest zone.
3. EMA 200 as Confluence:
The 200 EMA (currently at 3346.92) aligns with the support zone, increasing the likelihood of a bounce or at least temporary pause in bearish momentum.
4. RSI Bearish Signal:
RSI has dropped below 50, confirming a momentum shift toward the downside.
Still above oversold territory, suggesting more downside room.
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Trade Idea:
Bias: Bearish (Short-Term)
Entry Zone: Around 3390–3400 (confirmed rejection area)
Target Zone: 3348 – 3343 (KYY support + EMA 200)
Stop Loss: Above 3425 (just above resistance zone)
Mr SMC Trading point
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Summary:
Gold has faced a clear rejection at a key resistance zone within an ascending channel, and is now targeting the EMA 200 and previous structural support. Short opportunities could be considered toward the 3343–3348 zone, with RSI and price action supporting the move.
Please support boost 🚀 this analysis)
Gold Cooling After Spike – $3375 Key Level to WatchBy analyzing the gold chart on the 4-hour timeframe, we can see that after surging to $3450 amid the Iran–Israel conflict, gold faced a pullback following a liquidity sweep above that level.
Currently, gold is trading around $3392, and after a potential correction down to $3375, I expect to see further upside movement.
⚠️ Stay cautious — gold remains highly volatile and sudden moves are likely!
GOLDGOLD DEMAND FLOOR 3348-3350 could be the last defense in price for buy. after seeing 3358-3360 broken demand cross on 45 min ,sellers could be taking price beyond 3348-3350 if buyers don't demand coming.
geopolitical tension and 15min ascending trendline aligns with 3348 for buy entry.
if this layers fails wait at 3274-3285 zone .
XAUUSD: Market strategy and analysis on June 24Gold technical analysis
Daily chart resistance 3400, support 3286
4-hour chart resistance 3345, support 3304
1-hour chart resistance 3335, support 3315
B2 bombing was carried out over the weekend, the scale of the war expanded, and the ceasefire was directly stopped on Monday. The news is changing at any time. Now the market risk aversion has subsided, and the gold price has fallen rapidly!
The 3400 mark has been under pressure for many times and failed to break through. With the news of the ceasefire agreement, the short-term correction pressure has increased.
Today, gold directly fell below the 3340 support. The loss here means that the shorts will further develop momentum downward. Next, gold will focus on the second highest point of the 1-hour line rebound 3357 as a defense point. If it continues to fall and test the 3300 integer mark, you can try to buy.
SELL:3340near
BUY:3300near
Gold Pullback After Rally – Key Risk Zone at 3,340 in FocusHello dear traders, this is Lucas speaking!
After a prolonged period of accumulation, gold broke out and approached the key area around 3,400. However, the price quickly reversed as liquidity failed to follow through. The rally was sharply sold off, partly due to investor uncertainty amid a cloudy global economic outlook.
From my perspective, the market is reacting with surprising caution to geopolitical tensions in the Middle East. Although reports have emerged about U.S. airstrikes targeting Iran’s nuclear facilities, gold has failed to respond strongly—suggesting that investors are awaiting clearer economic signals such as PMI data from the U.S. and Eurozone, GDP figures, and the upcoming Fed statement.
This "half-hearted" environment has somewhat weakened gold’s appeal as a safe-haven asset, especially as Iran has yet to retaliate in any decisive way. As such, the market’s current focus remains a delicate balance between geopolitics and macroeconomic data.
From a technical standpoint, gold is currently trading above the 3,340–3,350 zone, which is considered a key buy area. A retest of liquidity may be underway, and if buyers can defend this zone, a move back toward 3,400 is very much on the table. On the flip side, if the reaction around 3,340 is weak and support breaks down further, a decline toward 3,300 could become likely. However, if we see a false break followed by a strong rebound and breakout of the bullish structure, that would serve as an early signal for another upward leg.
Warm regards,
Lucas_Reid
Gold price analysis June 20Daily candle continues to show the dispute while the Sellers are dominating. Today there may be a deep sweep and then recovery at the end of the day.
Yesterday and this morning's 3343 zone did not sweep, so we cancel this zone. BUY must wait until below 3323. Note additional daily support at 3296 for today's 2 buy strategies.
3362 gives a SELL Breakout signal in the Asia-Europe session. If Gold closes back above 3362, then BUY will go up to 3400, the target of the two upper resistance zones remains the same as yesterday at 3415 and 3443