GOLD/USD Support Retest & Breakdown SetupGOLD/USD Support Retest & Breakdown Setup ๐๐
๐น Overview:
The chart indicates a potential bearish continuation pattern on GOLD/USD as the price is approaching a key support level at 3,335.305. Previous price action shows multiple rejections from the resistance zone (~3,435), followed by lower highs โ a sign of weakening bullish momentum.
๐ Technical Analysis:
๐บ Resistance Zone (~3,435)
Multiple rejections (๐ด red arrows) indicate strong supply pressure.
Price has failed to break above this area thrice, forming a clear ceiling.
๐ป Support Zone (~3,335)
Marked as the target for a short setup.
Price is testing this level again after forming a minor consolidation below lower highs.
A clean break below this purple zone may trigger a continuation to the downside, targeting the broader support range below (~3,240).
๐ Bearish Structure:
Series of lower highs (highlighted with circles).
Breakdown pattern is developing with declining bullish momentum.
๐ Potential Play:
A confirmed breakdown below 3,335 could lead to a drop toward the next major support.
If support holds, short-term bounce is possible but limited by the dominant resistance.
๐ Conclusion:
GOLD/USD is currently in a bearish setup, with the market eyeing a potential breakdown below a critical support zone. If this level fails to hold, we could see accelerated bearish momentum toward the lower support range.
๐ก Caution: Wait for a confirmed close below support before entering any short trades.
GOLD trade ideas
DeGRAM | GOLD aim to test the lower boundary๐ Technical Analysis
โ Hourly price is defending the channelโs lower half: three consecutive wicks bounced at 3 360, forming a descending flag whose base coincides with the dynamic support.
โ OBV is edging higher while the flag narrows; a close above 3 408 would unlock the flag-measured move toward the upper rail / horizontal target at 3 444โ3 450.
๐ก Fundamental Analysis
โ World Gold Council reports Indiaโs jewellery demand rebounded 8 % w/w as monsoon concerns eased, while CME data show fresh 6 K-lot COMEX short-covering after the latest FOMC testimony tempered rate-hike talk.
โจ Summary
Long 3 360โ3 380; flag break > 3 408 eyes 3 444 โ 3 450. Bull view void on an H1 close below 3 343.
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XAUUSD - 4H Breakout and Retest Setup๐ก๐ก๐ก
๐ June 17, 2025
Bias: Medium-Term Bullish
Structure: Breakout โ Retest โ Continuation
Context: Trendline break + confluence with EMA + prior resistance turned support
๐ Market Structure Insight:
Major descending trendline broken with strong impulsive momentum.
Pullback held at the intersection of:
Broken trendline retest
EMA 60 dynamic support
Bullish structure of HL-HH (Higher Low / Higher High)
Strong bullish candle at support
โ
Trade Plan โ Buy Stop Setup
Entry (Buy Stop): 3402
SL: 3373 (below the pullback structure + EMAs)
TP1: 3430 (local resistance area)
TP2: 3470 (measured move from previous leg height)
#XAUUSD #Gold #TechnicalAnalysis #BreakoutSetup #Forex #EMA #SqueezePlay #TrianglePattern #tradingview #MJTrading
Can Gold Push Higher ? Confirmation Buy Conservative: above 3403 Comfortable close of 4H candle.
Another Expectation : Previous day Low Sweep and 1H Order Flow switched We can look Long.
Still waiting for confirmation.
Yesterday i entered aggressively early stopped out.
Still we are valid fur Bullish Price but not confirmed.
XAUUSD Trade Setup โ June 17, 2025๐ 30-Min Timeframe | Volume Profile | Risk-Reward Analysis
๐น Short Position Idea
๐ป Entry: $3,393.83
๐ป Stop Loss: $3,402.14 (above recent value area high)
๐ป Take Profit: $3,359.88 (prior HVN support area)
๐ R:R โ 3:1
๐ธ Context:
Price rejected the upper volume node and failed to break the prior high.
Strong selling pressure followed by a pullback to a low-volume node.
VWAP and POC levels show imbalance favoring bearish continuation.
๐ธ Confirmation:
Break and close below $3,389 with volume could confirm downside momentum.
๐ Watching for price to respect the value area and migrate toward the lower demand zone.
Gold corrective pullback supporta t 3330Goldโs price action sentiment remains bullish, underpinned by a well-established rising trend. However, recent intraday movement suggests a corrective pullback or short-term consolidation, likely in response to overbought conditions or short-term profit-taking.
Key Technical Levels:
Support:
3,330 โ Key short-term support and previous consolidation zone; the critical pivot level for trend continuation.
3,315 โ Secondary support; minor structural level.
3,300 โ Psychological and technical support; near-term bearish target on a breakdown.
Resistance:
3,390 โ Immediate upside target on a bullish continuation.
3,420 โ Medium-term resistance; aligns with prior highs.
3,450 โ Longer-term target, marking the upper boundary of the current bullish channel.
Scenario Analysis:
Bullish Continuation (Base Case):
If Gold maintains above the 3,330 level and confirms a bullish bounce, the broader uptrend is expected to resume, with upside targets at 3,390, followed by 3,420 and 3,450 over time.
Bearish Reversal (Alternative Scenario):
A daily close below 3,330 would negate the short-term bullish structure, exposing the market to deeper retracements toward 3,315 and 3,300, where further demand could emerge.
Conclusion:
Gold remains in a bullish trend, with the current pullback seen as corrective. The 3,330 level is a critical inflection point: holding above it supports further upside momentum, while a breakdown below this level would challenge the bullish outlook and potentially signal a deeper retracement. Traders should monitor price action around this zone for directional confirmation.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Gold on the Edge: Will US Debt Fears Spark a Breakout?XAUUSD โ Gold on the Edge: Will US Debt Fears Spark a Breakout?
After weeks of muted movement, gold is coiling within a bearish channel โ but a fresh warning from Goldman Sachs may be the trigger that changes everything. With concerns mounting over Americaโs fiscal future, gold could be preparing for a decisive shift.
๐ Macro View โ Goldman Sachs Sounds the Alarm
๐บ Goldman Sachs recently issued a critical warning:
US national debt is expected to exceed WWII levels, with interest payments topping $1 trillion by 2025, outpacing spending on defense and healthcare.
If urgent fiscal reforms arenโt implemented, the US could face a tightening cycle that slows GDP growth without reducing the debt-to-GDP ratio.
The root causes? Excessive spending, rising interest rates, and deep political gridlock.
๐ For global investors, this type of uncertainty is often bullish for gold โ especially as a hedge against both inflation and US dollar instability.
๐ Technical Outlook (Updated โ M30 to H1)
Gold is still trading inside a well-defined descending channel, with sellers firmly in control.
Price is currently hovering around the pivot zone at 3,338.42, with a possible short-term bounce toward 3,368.04, the upper edge of the channel.
EMA ribbons (13โ200) are sharply aligned to the downside, signaling strong bearish momentum.
If the price fails to break above 3,368, the next key support zones lie at 3,325.78, and potentially 3,309.25, where unfilled fair value gaps (FVG) await.
โ
Trade Plan
๐ข BUY ZONE: 3310 โ 3308
Stop-Loss: 3303
Targets: 3314 โ 3318 โ 3322 โ 3326 โ 3330 โ 3340 โ 3350 โ 3360 โ
๐ข BUY SCALP: 3325 โ 3323
Stop-Loss: 3318
Targets: 3330 โ 3334 โ 3338 โ 3342 โ 3346 โ 3350 โ 3360 โ 3370 โ
๐ด SELL ZONE: 3418 โ 3420
Stop-Loss: 3424
Targets: 3414 โ 3410 โ 3405 โ 3400 โ 3396 โ 3390 โ 3385 โ 3380
๐ป SELL SCALP: 3396 โ 3398
Stop-Loss: 3403
Targets: 3392 โ 3388 โ 3384 โ 3380 โ 3375 โ 3370
๐ฌ Closing Thoughts โ A Volatile End to the Week?
With US markets returning from a bank holiday and macro pressure rising, volatility could spike to close the week.
โ
Stick to disciplined SL/TP levels. Avoid premature entries and let price confirm direction.
Gold remains technically bearish โ but the global debt narrative could turn this market on its head.
Prepare. Observe. Strike only when the structure aligns.
GOLD: Long Signal Explained
GOLD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long GOLD
Entry - 3396.6
Sl - 3389.4
Tp - 3413.3
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
โค๏ธ Please, support our work with like & comment! โค๏ธ
XAUUSD: 1H Chart Trend Continuation or Deeper Pullback?Established Uptrend Channel : The XAUUSD pair is trading within a well-defined, long-term ascending channel (highlighted by the red parallel bands), indicating a clear bullish trend with consistent higher highs and higher lows over the observed period.
Significant Support Confluence : The lower boundary of the ascending channel, particularly the area marked "Confluence Area for support" (green and orange shaded zone), has repeatedly acted as a strong demand zone where price has found support and reversed higher.
Current Corrective Phase and Deciding Point : Price is currently undergoing a short-term correction, forming a smaller, descending channel (white/grey box) within the larger uptrend. This area is labeled "Deciding Area to continue Higher," indicating that the immediate future direction is contingent on whether price breaks out of this smaller channel or continues within it.
Projected Pathways : The chart illustrates two immediate potential scenarios: a resumption of the primary uptrend (green dotted path) upon a successful breakout from the short-term descending channel, or a deeper retracement towards the major ascending channel's support (red dotted path) if the current corrective structure persists or breaks lower.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Weekly Gold Outlook: Signs of Trend Reversal EmergingGold is beginning to show clear signs of a potential bearish phase. The current uptrend is weakening, and a new center of gravity has formed around 3319 on the weekly timeframe. Price is currently moving higher to complete Phase 2, which often precedes a new trend cycle.
A weekly close below 3320, especially after sweeping the upper liquidity zone near 3495, would confirm the start of Phase 3 โ historically a trend continuation setup. This suggests that gold could enter a deeper correction phase, potentially resetting for the next bullish leg.
Projected Downside Targets:
Target 1: 3100
Target 2: 3056
Target 3: 2960
Extended Bearish Target: Below 2760 (Accumulation zone for the next uptrend)
This cycle is unfolding on the weekly timeframe, so it may take time to fully develop.
Key Resistance Zones (Sell Interest Areas):
3525โ3548: Current resistance zone with signs of profit-taking by large players
3606: Next resistance level
3688: Strong upper resistance where institutional selling interest could intensify
These zones are critical supply areas, and market participants are already showing signs of booking profits around these levels.
Gold (XAUUSD) โ Demand Zone Holding, Silver Leading BreakoutGold has respected its demand zone near $3,367โ$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.
๐ Technical Breakdown (4H)
Support Zone: $3,367โ$3,382 (retest of broken resistance)
Bullish Structure: Rising lows, trendline holds, and higher timeframe support remains intact
Projected Targets:
๐ฏ TP1: $3,451 (recent high)
๐ฏ TP2: $3,471 (key extension)
๐ฏ TP3: $3,495 (top of range)
Stop Loss: Below $3,351 (invalidates demand structure)
๐ช Silver (XAGUSD) Overlay Insight:
Currently at $37.11+, showing leadership in the breakout.
Suggests gold will likely follow through โ watch for Gold catching up.
๐ง Macro & Fundamental Context (June 17)
Bullish Drivers:
๐ฅ Ongoing Middle East war escalation (Iran-Israel, US troop buildup)
๐ฆ Dovish Fed tone, soft retail sales, rate cuts expected from Sept
๐งพ Silver strength confirming demand across metals
Risks:
โฎ๏ธ Unexpected ceasefire headlines could cause knee-jerk pullbacks
๐ Hot inflation data or hawkish Fed rhetoric could pressure upside
๐
Key Events to Watch:
FOMC members' speeches this week
US Core PCE inflation print
War headline velocity โ particularly involving shipping or direct US-Iran confrontation
๐งญ Strategy Suggestion:
Tactical Buy on Rejection Wick from current demand zone
Watch Silver momentum โ if it breaks $37.50+, gold likely catches up fast
Consider scaling out around $3,451โ$3,471 with final target near $3,495
Gold Pullback in Uptrend Amid Middle East Tensions: Buy the Dip๏ผ๐ Clearly visible on the chart: current pullback within an uptrend.
๐ News paradox: Despite escalating Middle East tensions ๐, gold is trending lowerโa key reason to emphasize buying the dip recently (watch out for bear trap scenarios ๐ซ๐).
๐ก Trading logic breakdown:
Fed statement yesterday caused minimal volatility (market expectations priced in ๐จ);
This weekโs pattern: Asian session rallies ๐ followed by post-Asian pullbacks ๐;
Entry strategy: Use Asian session highs as resistance reference for entries ๐ฏ.
Technical reinforcement:
Risk alert: Geopolitical bullishness ignored โ classic bear trap signal (bear trap ๐ซ);
Timing: Asian session highs form intraday resistance ๐ฏโlook to enter on retracement.
Chart says it allโnormal pullback in an uptrend ๐. Ironically, while Middle East conflicts should be gold-positive ๐, prices are moving lowerโa textbook 'buy the panic' setup ๐. Following this weekโs playbook ๐
(Asian session highs followed by dips), focus on Asian session highs as a resistance anchor for entries
โก๏ธโก๏ธโก๏ธ XAUUSD โก๏ธโก๏ธโก๏ธ
๐ Buy@ 3345 - 3355
๐ TP 3370 - 3380
Accurate signals are updated every day ๐ If you encounter any problems during trading, these signals can serve as your reliable guide ๐งญ Feel free to refer to them! I sincerely hope they'll be of great help to you ๐ ๐
GOLD Massive Long! BUY!
My dear friends,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 3389.4 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal -3396.3
Recommended Stop Loss - 3385.8
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
โโโโโโโโโโโ
WISH YOU ALL LUCK
GOLD Unemployment Claims Data Context
Forecast: 246,000
Previous: 248,000
The weekly initial jobless claims report is a key indicator for the Federal Reserve, signaling the current state and momentum of the U.S. labor market.
Fed Interpretation: Greater Than Forecast
Indication: A figure above 246,000 suggests the labor market is softening more than expected.
Fed Response:
The Fed would view higher-than-forecast claims as a sign of rising layoffs and potential weakening in employment growth.
This outcome increases concern about the durability of the economic expansion and may raise the likelihood of future interest rate cuts, especially if the trend persists.
The Fed would likely emphasize caution in its policy statement and may signal greater willingness to ease policy if labor market weakness continues.
Fed Interpretation: Less Than Forecast
Indication: A figure below 246,000 signals a stronger-than-expected labor market.
Fed Response:
The Fed would interpret lower-than-forecast claims as evidence that the labor market remains resilient, with fewer layoffs and ongoing job creation.
This outcome reduces the urgency for immediate rate cuts and supports the case for holding rates steady, especially if inflation remains above target.
The Fed is likely to maintain a cautious, data-dependent stance, awaiting further evidence before considering policy changes.
Federal Funds Rate Decision Outlook
Expected Outcome:
The Federal Reserve is widely expected to hold the federal funds rate steady at 4.25%โ4.50% during the June 18, 2025 meeting.
Supporting Factors:
Inflation is moderating but remains above target.
Labor market data, including unemployment claims, shows stability without overheating.
Economic uncertainties, including trade policies, encourage a cautious approach.
Market Odds:
There is a near 100% probability of no rate change today, with markets focusing on the Fedโs forward guidance and economic projections for clues on future rate moves.
The Federal Reserve is expected to maintain the current federal funds rate range of 4.25%โ4.50%, reflecting a balanced approach amid moderating inflation and steady labor market conditions.
Market participants will closely watch the FOMC statement, economic projections, and press conference for any shifts in tone that could influence future rate expectations and market volatility.
GOLD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for GOLD below:
The price is coiling around a solid key level - 3367.9
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 3379.6
Safe Stop Loss - 3360.8
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
โโโโโโโโโโโ
WISH YOU ALL LUCK
XAU/USD Price Action Update โ June 18, 2025๐ XAU/USD Price Action Update โ June 18, 2025
๐นCurrent Price: 3,386.58
๐นTimeframe: 1H
๐ Key Resistance Zone:
๐ด 3406 โ Intraday breakout level; needs a strong candle close above for bullish continuation
๐ Key Demand Zones:
๐ข 3338โ3342 โ First support zone to watch if price drops
๐ข 3319โ3324 โ Major demand; deeper pullback area for long entries
โก๏ธBullish Scenario:
Price is consolidating in a tight range. A strong 1H close above 3406 could trigger a breakout targeting 3405.63 and beyond.
โ ๏ธBearish Scenario:
If price fails to close above resistance and breaks below the range, a drop toward 3338 or even 3319 could follow โ confirmation needed before shorting.
๐ FXFOREVER Insight:
โ
Price is ranging; donโt trade inside the box
โ
Wait for clean break and retest from either side
โ
Monitor structure shifts on 15Mโ1H timeframe for confirmation
#XAUUSD #GoldTrading #SmartMoneyConcepts #FXFOREVER #PriceAction #SupplyDemand #ForexSetup #ConsolidationBreakout #IntradayTrade