CFDGOLD trade ideas
Gold Medium Term OutlookGold is currently trending within a rising channel after rejecting the $3,439 resistance zone, which marked a new Higher High (HH). Price is respecting the ascending channel support and is now testing the 50MA. The uptrend remains intact, with a sequence of Higher Lows (HL) and Higher Highs (HH) forming within the channel.
A break and hold above $3,378 could open the path for a re-test of $3,439 and potentially $3,501. However, failure to hold the rising channel support may shift momentum bearish, with $3,303 and $3,226 as the next major downside targets.
📌 Key Levels to Watch This Week:
Resistance: $3,378 • $3,439 • $3,501
Support: $3,303 • $3,226 • $3,171
🧠 Fundamental Insight:
Gold remains supported amid rising geopolitical tensions. Over the weekend, U.S. airstrikes targeted Iranian nuclear sites, escalating concerns over a broader conflict in the Middle East. This has reignited safe-haven demand, with gold catching a bid despite recent technical pullbacks.
Meanwhile, traders are weighing softer U.S. inflation signals against the Fed’s cautious stance. If tensions persist and economic data weakens, gold could benefit from both risk-off flows and increased speculation around potential rate cuts.
The downward trend is strong.The easing of the situation in the Middle East weakens the demand for safe havens
The direct trigger for the decline in gold prices was the news that Israel and Iran announced a ceasefire. This news quickly cooled the market's risk aversion, and the attractiveness of gold as a traditional safe-haven asset weakened. In the past few weeks, the military confrontation between Israel and Iran once pushed up the safe-haven buying of gold, but with the conclusion of the ceasefire agreement, the market quickly turned to risk preference mode, global stock markets rose, and the US dollar fell. This change in market sentiment directly led to the decline in gold prices.
This decline will still intensify, pay attention to your trading orders, I will continue to update this article, I wish you a smooth trading.
GOLD remains dominated by a slight downward momentumGOLD remains dominated by a slight downward momentum
From our previous analysis, gold reached 3295 :)
Gold remains dominated by a slight downward momentum, considering that the conflict in the Middle East is under control. Neither Iran nor Israel has broken the ceasefire so far. This is the first day.
Gold is releasing some of the fear and panic accumulated due to the fear of further escalation.
However, we all witnessed that Gold fell at a time when the conflict became bigger.
Remember that someone else knows the news every time in advance and this is called manipulation and not a normal market development. For many people, it may seem strange, but it is what it is. We have already seen how Gold reacted irrationally and not as a safe haven asset and we have done this several times.
If Gold follows our fundamental and technical analysis, I think it has already reached a strong zone near 3337, and the chances of a resumption of the downtrend are increasing.
It can only rise above 3337 on new issues or if those who have already sold it can buy Gold again. However, we are talking about large speculative Hedge Funds and not for retail traders.
If all goes well, gold should fall as the chart shows.
Key target zones: 3285; 3250; 3210 and 3170
You may find more details in the chart!
Thank you and Good Luck!
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XAUUSD Technical Analysis – June 24, 2025On June 24, 2025, XAUUSD (spot gold) continues to face significant bearish pressure after failing to hold above the key resistance zone around 3,383 – 3,400 USD/oz. This area marks a confluence of the 0.5–0.618 Fibonacci retracement levels and a high-volume distribution zone, signaling strong supply dominance in the short term.
Technical Structure and Fibonacci Analysis
- The recent swing high was established at 3,451 USD, completing a bullish wave from the low of 3,223 USD.
- Price was unable to break through the 0.618 Fibonacci retracement at 3,399 USD, leading to a sharp pullback.
- The current structure suggests the formation of a potential head and shoulders pattern, which would confirm if the market breaks below the 3,300 USD support zone.
Key Support and Resistance Levels
- Major resistance: 3,383 – 3,400 USD (Fibonacci 0.5–0.618 zone, high-volume area)
- Immediate support: 3,300 – 3,310 USD (historical reaction zone and 0.618 retracement of the recent bullish leg)
- Deeper support: 3,223 USD – previous swing low and a key target if the bearish trend confirms
Potential Scenarios
- Bearish scenario: If the price sustains below 3,350 USD and decisively breaks 3,300 USD, it may signal the start of a medium-term downtrend, with targets near 3,200 USD or even lower.
- Bullish scenario: A bounce from the 3,300 USD support could trigger a short-term recovery, but traders should closely watch the reaction near the 3,383 – 3,400 USD resistance zone to assess supply pressure.
RSI and Momentum Indicators
- The 14-period RSI is trading below the 50 level and pointing downward, indicating that bearish momentum remains dominant.
- The RSI has also crossed below its moving average, reinforcing the negative outlook.
Ps: XAUUSD is currently in a critical phase as it tests the 3,300 USD support level. A break below this level could confirm further downside and strengthen the bearish trend. Traders are advised to remain cautious, wait for clear price action confirmation, and apply strict risk management as volatility increases.
Gold price trend and market analysis
Gold price performance
Spot gold remained stable at $3,368.68/oz on Friday (June 21), the lowest level since June 12, and fell 1.8% this week. The settlement price of U.S. gold futures fell 0.7% to $3,385.70/oz.
Geopolitical factors
The market is concerned about the development of the situation in the Middle East. The U.S. government postponed its decision on whether to intervene in the Israel-Iran conflict and said it might support a ceasefire "depending on the situation." At the same time, the U.S. Treasury Department announced sanctions on Iranian-related entities and individuals, further exacerbating geopolitical tensions.
Federal Reserve policy impact
The Federal Reserve kept interest rates unchanged this week, but the dot plot showed that policymakers had differences on the path of rate cuts:
Seven officials supported maintaining interest rates until the end of the year;
The remaining 12 officials predicted 1-3 rate cuts (25 basis points each time) in 2025, with a median of two rate cuts.
Some officials believe that the trend of inflation falling is good, but tariff policies may bring uncertainty and need to adjust policies with caution.
Economic data and market expectations
The U.S. leading economic indicators fell for the sixth consecutive month in May, triggering a recession signal, but the agency expects the economy to grow moderately in 2025 (GDP growth rate of 1.6%).
A survey by the World Gold Council showed that central banks have strong demand for gold purchases, and 95% of respondents expect central banks to continue to increase their gold holdings in the next 12 months.
Institutional views
UBS: Central bank demand, political risks and a weak dollar support gold prices, with a target price of $3,500/ounce at the end of the year.
Citi: Gold prices are expected to fall back to $2,500-2,700/ounce in the second half of 2026 due to weakening investment demand and adjustments to the Fed's policies.
Technical analysis
Gold prices may test the daily Bollinger Band middle track support level of $3,330/ounce next week.
Focus next week
The development of the situation in the Middle East and Iran's response to sanctions;
Speech by Fed officials and changes in policy expectations;
Economic data verifies recession signals.
Gold Price Analysis June 24Quite a surprise with a price gap down at the beginning of the day. A sweep to 3333 and a recovery to increase again in the Tokyo trading session.
This recovery to increase completely breaks the market's bullish wave structure.
3363 and 3335 are being watched in the Asian and European trading sessions today. This zone can be traded short-term in the sideways range. The SELL zone pays attention to the opening gap at 3368.
The upper range has some adjustments compared to yesterday in the direction of decreasing prices, so the SELL range 3386 and 3410 is being watched for trading. Support is still held as yesterday at the 3322 and 3296 zones.
Gold:bullish wedge inside a rising channel-double trap for bearsInside the major upward channel, gold formed a falling wedge — and, of course, faked a breakdown. But the move reversed quickly: price reclaimed the wedge, surged on volume, and held above the key 3363–3368 area. This isn't just a bounce — it's a structural reclaim in line with the broader trend.
Price is now in the upper part of the rising channel and has broken a local downtrend line, reinforcing the bullish signal. Consolidation around 3380–3395 might be the last pause before acceleration. Above that lies a volume gap — no resistance until 3452.
MACD is flipping bullish, RSI turning upward, and volume confirms smart money presence. Classic: trap below, breakout above. As long as 3363 holds — longs remain in control.
XAUUSD – Selling Pressure Intensifies, the 3,300 USD 1. Overall Technical Context
The XAUUSD daily chart shows that gold is under bearish pressure after failing to break the key confluence resistance at 3,385–3,399 USD, which includes:
- Fibonacci retracement levels 0.5 – 0.618
- A strong supply zone that has been repeatedly rejected
- A minor swing high formed near 3,451 USD
2. Recent Price Behavior
Price has broken below the short-term support at 3,331 USD and is now retesting the Key Lever zone around 3,300 USD, which is a confluence of:
- Previous June swing low
- Fibonacci 0.618 retracement of the latest upward move from 3,221 to 3,451
- A key previous support zone, potentially forming the right shoulder of a head and shoulders structure
If this zone breaks decisively, XAUUSD may continue falling toward the 3,270 – 3,250 USD area, where strong liquidity was previously found.
Key Technical Zones
Resistance:
3,385 – 3,399: Fibo 0.5–0.618 zone and recent swing high
3,435 – 3,451: Major swing high and starting point of the latest correction
Support:
3,300 – 3,320 (Key Lever): Major support currently being tested
3,271 – 3,250: Next support if the current zone fails
Suggested Trading Scenarios
Scenario 1 – Buy on Confirmation at Key Lever
Entry: 3,300 – 3,297 (Key Lever zone)
Stop-loss: Below 3,292
Take-profit: 3,310 – 3,315 – 3,320
Condition: Wait for a clear reversal candlestick pattern or signs of selling absorption on H4/H1
Scenario 2 – Sell if Price Breaks Below Key Lever
Entry: Below 3,290 (after clear break of Key Lever)
Stop-loss: Above 3,298
Take-profit: 3,280 – 3,270
P.S. XAUUSD is currently sitting at a decisive support area around 3,300 USD. The medium-term trend will depend on whether this zone holds. Traders are advised to closely watch price action on the H1–H4 timeframes before executing entries.
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Analyst: @Henrybillion
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.
XAUUSD poised for a rebound?Gold (XAUUSD) is currently trading around the 3,327 level after breaking below a short-term ascending trendline that started in mid-May. While this break might suggest a potential bearish reversal, from a technical standpoint, it could simply be a corrective move within a larger bullish structure.
The current price pattern appears to be forming a classic ABC correction.
If the support zone around 3,320–3,325 holds, there’s a strong possibility that price will rebound toward the 3,400–3,480 region in the coming sessions.
This area is not only a technical support but also a previous demand zone where buyers stepped in aggressively. Close attention should be paid to any bullish price action signals here. A reversal candlestick or a volume spike could serve as confirmation for a rebound setup.
A potential trade idea is to consider a long position around 3,320–3,325, with a stop loss below 3,308.
First target is set at 3,400, and an extended target at 3,480 if bullish momentum continues. Conversely, if the price closes below 3,308 with strong volume, the bearish scenario will gain ground, potentially dragging price down to the 3,280–3,231 support area.
The setup remains open, and clear confirmation is needed. Patience is key—wait for solid signals before committing to a position.
Gold Spot (XAU/USD) 4H Analysis – Bearish Momentum Continues📉 Gold Spot (XAU/USD) 4H Analysis – Bearish Momentum Continues 🔻🪙
🔍 Overview:
Gold is currently trading within a descending trendline structure, respecting a clear downtrend on the 4H chart. After failing to break the key resistance zone around $3,400 - $3,420, price has continued to make lower highs and lower lows.
📌 Key Technical Zones:
🔴 Resistance Zone:
$3,400 – $3,420
Strong selling pressure observed. Price was rejected here after a sharp rally.
📐 Descending Trendline:
Price continues to get rejected from this dynamic resistance.
Bearish pressure remains intact as long as this line holds.
🟦 Main Support Level:
$3,280 – $3,300
Price has tested this zone multiple times, showing strong buyer interest.
A break below this level could trigger further downside.
📊 Technical Outlook:
🟥 Bearish Bias as long as price remains under the trendline.
✅ Buyers may re-enter at the support zone around $3,280.
⚠️ If support breaks, the next downside target could be $3,240 – $3,220.
📈 Trading Plan Suggestion:
🔎 Watch for rejection at trendline or resistance zone for potential short setups.
🔔 Monitor support zone reaction for potential bounce plays or breakout confirmation.
📆 Date of Analysis: June 26, 2025
📍 Timeframe: 4-Hour (H4)
💬 “Trend is your friend until it bends.”
Trade wisely! 💼📊💡
Live Trading Analysis: Gold (XAUUSD), GBP/USD, & USD/JPY. DailyJoin CresserRiba for an in-depth daily technical analysis of the most traded currency pairs and commodities: Gold (XAUUSD), GBP/USD, and USD/JPY. In this video, CresserRiba breaks down key price levels, identifies potential trade setups, and discusses critical market drivers influencing these instruments.
Whether you're a seasoned trader or just starting out, this analysis provides valuable insights into current market trends, support and resistance zones, and potential entry/exit points. Learn how to interpret chart patterns, understand the impact of economic news, and develop a well-informed trading strategy for XAUUSD, GBPUSD, and USDJPY.
Gold Turns Bullish After Clearing Daily Sell-Side LiquidityThe purge of this liquidity indicates that institutional players may have engineered a move to grab orders before initiating a new upward leg. Following this move, price action shows signs of strong bullish intent, such as bullish engulfing candles, increased volume on up moves, or a break above short-term resistance.
This liquidity sweep not only invalidates bearish pressure but also creates a clean bullish imbalance, offering a potential entry zone for buyers. Traders should now watch for:
A break and retest of the key structure above the liquidity sweep.
Bullish order blocks forming on lower timeframes (e.g., H1 or H4).
Confluences like Fibonacci retracement levels, trendline support, or moving average bounces.
As long as price holds above the level of the purge and continues forming higher lows, gold is likely to trend upward in the near term. Potential targets include recent highs or fair value gaps left behind during the bearish move.
This setup favors buying pullbacks rather than chasing price, with invalidation below the recent sweep level.