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6/25 Gold Analysis and Trading ViewGood morning, everyone! Gold experienced a sharp decline yesterday. Technically, the conditions for a rebound are in place, but since a solid bottom structure has yet to form, a retest to the downside is likely during today’s session. Key levels to watch: Resistance zone: 3336–3348 Support zones: Primary support at 3313–3303, with additional support around 3296–3282 Today’s overall strategy remains buying on dips as the primary approach, with short opportunities near resistance as a secondary option. Key scenario to monitor: If the price drops to around 3280 but fails to rebound toward 3336, and the daily close ends below 3300, then the buy-on-dip strategy will likely continue into tomorrow.
FOREXCOM:XAUUSDLong
by China_MsWang
XAUUSD – Is Gold Gearing Up for the Next Leg Higher?🌐 Macro Outlook – Dovish Fed Tone Boosts Gold Appeal Gold (XAUUSD) is showing renewed strength following Fed Chair Powell’s testimony. While he maintained a cautious stance, he acknowledged that tariff-related inflation is easing. Markets interpreted this as a sign that rate cuts may come sooner – potentially as early as July. 📉 Lower rate expectations → Reduced holding cost for gold → Increased investor interest. As a non-yielding safe haven, gold tends to benefit when real yields decline. 🏛️ Fed Policy Outlook – The Tone Is Evolving 🔹 Powell’s Message: Data-driven and flexible, signalling a Fed willing to respond if inflation continues to cool. 🔹 Rate Cut Timing: While September remains the base case, markets are now pricing in a potential July move. CME FedWatch shows a 70.1% chance of rates falling to 4.00–4.25% by September. 💡 This subtle repricing adds momentum to the bullish gold thesis. Current price consolidation near $3,300–$3,320 may reflect smart money positioning for an upside break. 💰 Capital Flow Dynamics – Gold vs. USD Gold and USD both act as safe havens, but current flows suggest a rotation: 🔄 If Powell maintains a dovish tone: ▪ USD weakens as yields fall ▪ Gold sees renewed inflows amid better risk-reward and geopolitical risks This is already evident in gold’s resilience at recent highs. 📊 Technical View (H4/M30) – Bullish Momentum Building Gold has broken out of a falling channel and is now consolidating in a mild ascending structure. This points towards a potential continuation move. 📌 Key Levels to Watch: 🟢 Buy Zones (Support): $3,302 – $3,311 → Strong demand zone $3,286 → Key fallback level if lower support is tested 🔴 Sell Zones (Resistance): $3,352 – $3,371 → Major resistance, aligned with 0.5 & 0.618 Fib levels $3,391 – $3,395 → Breakout here = bullish confirmation for longer-term targets 📈 EMA Structure (13, 34, 89, 200): Price is trading above short-term EMAs → Positive near-term bias Longer EMAs are converging → Potential Golden Cross setup 🎯 Trade Setups: 🟢 Swing Buy Idea: Entry: $3,286 – $3,284 Stop Loss: $3,280 Targets: $3,290 → $3,294 → $3,298 → $3,302 → $3,306 → $3,310 → $3,315 → $3,320 🟢 Scalp Buy: Entry: $3,302 – $3,300 SL: $3,295 TP: $3,306 → $3,310 → $3,314 → $3,318 → $3,322 → $3,326 → $3,330 🔴 Sell Zone 1: Area: $3,353 – $3,355 SL: $3,360 TP: $3,350 → $3,346 → $3,340 → $3,335 → $3,330 → $3,320 🔴 Sell Zone 2: Area: $3,372 – $3,374 SL: $3,378 TP: $3,370 → $3,366 → $3,362 → $3,358 → $3,354 → $3,350 ⚠️ Keep an Eye On: Fed Speeches: Any comment on inflation or rate direction could cause rapid sentiment shifts Geopolitical Flashpoints: Ongoing or new tensions = fuel for gold upside 📌 Final Take: Gold is showing early signs of bullish continuation ahead of the July FOMC. Dovish signals, softer inflation, and global uncertainty provide a solid backdrop. Smart entries near key zones and disciplined risk will be essential as we approach decision time.
OANDA:XAUUSDLong
by EliseLunaTraders
Will the gold bearish trend continue? 💡Message Strategy The gold market is facing a complex game of long and short factors in the near future. On the one hand, US President Trump announced that Iran and Israel had reached a "comprehensive ceasefire", and the market's risk aversion demand plummeted, and gold was under obvious short-term pressure. However, according to Reuters, Israel still has small-scale military operations, which has led to differences in the market's optimism about the situation in the Middle East, and the downward space of gold is temporarily limited. On the other hand, US economic data is mixed. In June, the S&P global manufacturing PMI remained unchanged at 52, the service industry PMI fell slightly to 53.1, and the composite PMI fell slightly to 52.8, suggesting that the momentum of economic expansion has slowed down marginally. More importantly, Fed officials have released dovish signals one after another. Fed Governor Bowman expressed concern about labor market risks and supported interest rate cuts this year, echoing Governor Waller's expectations of a rate cut in July. This adjustment in monetary policy expectations has led to a weakening of the US dollar, providing some support for gold prices. 📊Technical aspects 1. Pay attention to the defensive position at the weekly level. As time goes by, this position is now in the 3316-3315 area. After breaking 3333 at noon, it accelerated to reach here, so pay attention to the gains and losses here in the future, so as to prepare for the next space switch 2. The daily line has been defending the lifeline for nearly a month. The current lifeline position is 3355. No matter how it pierces in the previous process, the final closing line must return to the top of the lifeline, thus becoming a support area This means that today's closing is very critical. It can be closed below the lifeline, and then switch space downward to enter the area from the lifeline to the lower track 3355-3280 3. The four-hour pattern opens downward. Yesterday, the resistance of the upper track of the pattern was determined twice, and then it began to fall continuously, fell back to the lifeline, and then fell below the lower track of the pattern. Now it is further down and breaking the low Then, keeping high is the key, breaking low is the focus. The previous starting and falling acceleration points are 3357 area, 3370, and finally 3388-3390. Today's high point is 3370 area. The resistance range of 3357 is determined at noon. The pattern opens downward. Keep high and break low to see acceleration. After breaking the high point, it returns to sweeping. 4. The double lines of the hourly chart are glued together to form a pressure area. The interval of 3355-3370 just coincides with the two resistances above. Use this as suppression to switch space downward. 5. The large channel cooperates with the small channel. The price falls below the lower track position of the large channel and begins to switch space further downward. The top and bottom conversion position is 3340, and the final acceleration starting point is 3348. Use this as suppression, and look down to the weekly defense line area of ​​3316-3315. If it falls below, the next support will focus on the 3300 mark. If it breaks 3300 again, the next position is 3280 💰Strategy Package Short Position：3348-3354，SL：3375，Target: 3300-3310 Long Position:3280-3290，SL：3260，Target: 3340
TVC:GOLDShort
by TheodoreSilas
Important support level for gold price: 3305-3315Important support level for gold price: 3305-3315 Most people in the market were originally bullish. After all, the US sneak attack on Iran did cause tension, but the market unexpectedly weakened and fell. Intraday trading: The macro shock structure is shown in Figure 4h: Focus on the fluctuations in the range of 3300-3400 US dollars. From the hourly line observation: the gold price may currently enter the flag adjustment stage. Short-term resistance is: 3368, followed by the high point of 3393, and the overall trend is still facing short-selling pressure. Due to the recent large fluctuations in gold prices, market sentiment will not subside quickly. It is necessary to pay attention to whether it can stand on the first key position of 3368 today. After a short-term rapid decline, it is not advisable to directly chase short positions and increase positions, and it is necessary to wait and see appropriately. Although yesterday's trading was difficult, the current market has sent a clear signal: The callback is an opportunity to continue shorting! Today's gold operation strategy recommends shorting at high levels and long at low levels. Upper pressure range: 3368-3388; Lower support range: 3330-3300; If it falls below $3350, it may fall to $3300. Low price long range: 3305-3315, stop loss range: 3300-3295 High price short range: 3368-3380, stop loss range: 3388-3395
OANDA:XAUUSD
by Isla_suri001
Will gold pull back today?During the Asian trading session, spot gold fluctuated lower, once breaking below the 3,350 level to $3,333.16 per ounce. This followed U.S. President Trump's announcement that Israel and Iran had fully reached an agreement to implement a comprehensive ceasefire, leading to a rapid cooling of market concerns over the Middle East situation and suppressing gold's safe-haven demand. The conclusion of the ceasefire agreement has dispelled market fears of conflict escalation, causing gold, silver, and crude oil prices to decline accordingly. After yesterday's repeated oscillations, gold failed to break through the 3,400 resistance level last night. Instead, it tested the support at 3,340 in today's early trading. From the current price chart, the hourly candlestick has pierced the 3,340 level, but the candlestick body has not closed below 3,340. The prior downward test of support indicates that the market remains weak for now. The temporary effective lower support lies at 3,333, and a break below this level could lead to a move toward 3,280. The effective resistance is at 3,375, and a breakthrough above this level may target 3,405. you are currently struggling with losses，or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results. Trading Strategy: sell@3360-3365 TP:3335-3340
CAPITALCOM:GOLDShort
by MyronWilson
XAUUSD:Sharing of the Latest Trading StrategyAll the trading signals today have resulted in profits!!! Check it!!!👉👉👉 Today's opening gapped up to 3396, then fell all the way back to 3347 before stabilizing and rallying to 3380—our long strategy at 3350 achieved perfect profits. The basic trend aligns with last week's pattern, dominated by pullback rebounds. Channel Resistance: Key pressure lies at 3397–3404. Support Zones: Monitor rebounds at 3360–3365 and 3355–3350; maintain a bullish bias on dips. Trading Strategy: buy@3350-3360 TP:3380-3400 Share accurate trading signals daily—transform your life starting now! 👇 👇 👇 Obtain signals👉👉👉
OANDA:XAUUSDLong
by MonicaLongman
Gold) Technical Update – Market Subdued AheadXAUUSD Technical Update – Market Subdued Ahead of Key Data Gold is currently trading with limited momentum, reflecting a subdued market sentiment despite escalating geopolitical tensions in the Middle East. Notably, the market has largely digested the recent U.S. airstrikes on Iranian nuclear facilities, showing a muted reaction to these developments. Resistance levels 3395 / 3422 Support Levels 3355 /3350 Lets see more details in the chart Ps support with like and comments for more analysis Thanks
FOREXCOM:XAUUSDLong
by MrMartin_11
1
Gold focuses on the long and short changes at 3340Gold focuses on the long and short changes at 3340 Technical analysis of gold at the beginning of the week: the oscillating pattern is waiting to be broken, and attention should be paid to the gains and losses in the key range Market review Last week, gold maintained a volatile trend. After the disturbance of the weekend news, it opened at 3396 on Monday and then fell back to 3358. The overall pattern of long and short sweeps was not formed. The current price is running in the large range of 3405-3340, and it is necessary to break through this range to confirm the direction. Key range and break direction Bull defense: 3340 is a short-term key support. If it stabilizes, it will maintain a volatile bias. If it breaks down, it may further test the previous low of 3280. Short pressure: 3405 is a strong resistance above. After breaking through, it can be bullish to the 3430-3465 area. Operation strategy: sell high and buy low within the range (short near 3405, long near 3340), and follow up after breaking. Technical signal analysis Daily level: The closing cross star on Friday stabilized the middle Bollinger track, but the early high and fall showed the divergence between long and short positions. It is necessary to observe today's closing pattern to confirm the strength and weakness. 4-hour level: The early high of 3396 is just suppressed by the upper Bollinger track, and the support below is 3350 (lower Bollinger track). It may maintain fluctuations in this range in the short term. Short-term support: 3347 is an important intraday watershed between long and short positions. If it falls back and stabilizes, you can try long positions, with the target of 3375-3400; if it directly breaks through 3400, follow up with long positions. Trading tips The market at the beginning of the week is mainly volatile. It is recommended to operate in the short term and take profits in time. Pay attention to the daily closing and the break of 3405/3340, and adjust the mid-line layout after the break. The overall trend is still bullish at present, but we need to be alert to the risk of market changes caused by news.
FOREXCOM:XAUUSD
by Trend_Trading_xau
Let’s talk about gold’s movement This week, the fundamentals are relatively relaxed. The two sides of the Middle East war continue to fight each other. The market is relatively tired, resulting in the relative weakness of gold, silver and oil. From the technical perspective, the gold price continues to fluctuate and fall. After falling to the bottom, it rebounds rapidly. The overall bulls are strong again. Let's briefly sort it out: 1: Fundamentals: Market aesthetic fatigue leads to continuous adjustment of gold, silver and oil; 2: Technical aspect, the fundamentals are relatively weak, resulting in the technical adjustment of "up and down puncture" to wash the plate! To sum up: This week's trend is very difficult to operate; long, the fundamentals are weak; short, the overall risk aversion has not disappeared; therefore, there is a trend of constantly piercing the lows, and then constantly pulling up; the overall trend is a decline of three and a rise of two! The current overall environment: 1: Fundamentals: The first stage: The Middle East war is still going on, the two sides continue to fight each other, and their attitudes are strong; the opposing forces of the camps are obvious; the impact is far-reaching! The first stage is a continuous confrontation; risk aversion is born, assisting the strong rise of gold, silver and oil; we are still in the first stage! The second stage: the opposing camp forces gradually exit; for example, the United States decides whether to exit within 2 weeks, which is actually waiting for the intensity of Iran and Israel's next move. The United States exits and the war expands; the United States and the West exit indirectly, and the Middle East war becomes protracted. Refer to the Russian-Ukrainian war. The United States and the West continue to wait and see, then the Middle East war will form a multi-to-one situation, which is relatively unlikely. Israel is a "nail household" placed in the Middle East by the United States and the West. The United States and the West will not sit idly by and watch Israel being completely defeated. The third stage: the end of the war; this stage is far away; refer to the current Russian-Ukrainian war; once the war starts, it will not end easily, whether it is an agent, the forces behind the camp, or the forces of a third party, without the final benefits in hand , will not end the war, such as the chaebols that support it, the military and industrial enterprises that support it, the political ladder strategic goals that support it, etc. To sum up: we are currently in the first stage of the war, and the subsequent second stage is the core stage of the market, so we have to be careful about risk aversion repeatedly, and be careful about risk aversion rekindling, so that the bulls can "stir up a thousand waves again, but at this stage, the market continues to pierce and wash the market, which makes us very uncomfortable! We can only choose to follow the trend, and then choose different support levels, and deal with it mainly in line with the trend This week's trading ideas: First, they are all trend-following ideas, and second: they are all support points, but they are not very smooth, and the uninterrupted piercing, stopping the decline, and pulling sharply are all uncomfortable Next week's market outlook: 1. Weekly K, it is still a time-for-space mode, the price is resistant to falling, the indicator is corrected, here 3500 is definitely not a high point in the future; but it still takes time to promote the continuous upward attack of weekly K! Therefore, from a long-term perspective, I still suggest that gold is mainly bullish; 2. Daily K, the stochastic indicator continues to be near the central axis, forming a bottoming out and rebounding; the indicator is in a dead cross, the price is resistant to falling, and the market is washed here, washing "the sky is hanging and the earth is dizzy"; at the same time, in terms of form, it continues to fluctuate and rise. After multiple rises, the probability of subsequent breakouts is relatively high; 3. 4 hours, the stochastic indicator is golden cross, the form is bottoming out and rebounding, and it is also an uninterrupted decline and piercing, and then a sharp rise; the high-level one-word interval of 4 hours is integrated It is a relay sideways signal; the follow-up means the continuation of the trend; To sum up: technically, the daily K-line is sideways and resistant to falling, and the weekly K-line is sideways and resistant to falling. The subsequent multiple upward tests on the technical side will gradually form a break; fundamentally, the subsequent second stage has not yet arrived completely, and the attitude of the United States in the next two weeks will also determine the direction of the second stage of the war I suggest that the idea is to maintain the trend of low-multiple ideas. In terms of position, refer to the support and choose the uninterrupted layout of the support position; wash-out response: do a good job of risk control, wash-out is also helpless; short-term: try to avoid it as much as possible. Without a fundamental change, don't over-lay out short-term. Trend: combining fundamentals and technical aspects, the subsequent breakout of 3500 and the probability of setting a new high are relatively high
TVC:GOLDLong
by jiqeu1
GOLD/USD Falling Wedge Breakout PotentialChart Analysis: The chart illustrates a Falling Wedge Pattern, a bullish reversal setup typically signaling a breakout to the upside. 📌 Key Observations: 📉 Downward Channel: Price has been compressing within a falling wedge (highlighted in blue), indicating potential exhaustion of sellers. 💪 Support Zone: Strong support observed near the 3,340 level, with price rejecting this zone multiple times (highlighted with orange circles). 🔼 Bullish Signals: Price recently tested the lower wedge boundary and bounced, suggesting potential reversal. 🎯 Breakout Target: Projected target after breakout is around 3,453.453 USD, aligned with previous resistance zone. 🟢 Buy Pressure Arrows: Green arrows signal previous bullish reactions from similar demand zones. 📈 Conclusion: If price breaks above the wedge’s upper boundary with volume confirmation, a bullish rally toward 3,453 is expected. Keep an eye on breakout retest for entry validation. ✅ Trading Plan Suggestion: Entry: On breakout above wedge resistance SL: Below recent swing low (~3,330) TP: 3,453 zone 🎯 🔔 Note: Wait for a confirmed breakout before entering to avoid false signals.
TVC:GOLDLong
by MrStellanSight
XAUUSD:Sharing of the Trading Strategy for Next WeekAll the trading signals this week have resulted in profits!!! Check it!!!👉👉👉 The Iran-Israel conflict continues to escalate, with Trump declaring that U.S. fighter jets struck three major Iranian nuclear facilities—Fordo, Natanz, and Isfahan. This development has ignited the Middle East "powder keg," providing additional fuel for gold's rally. Key support lies at 3340–3345, while short-term resistance sits at 3385–3390. A breakthrough above resistance is imminent. Gold is expected to extend its rebound trend at next week's opening. Trading Strategy: Continue to adopt a buy-on-pullback approach, leveraging dips as entry points. buy@3345-3355 TP:3380-3390 Share accurate trading signals daily—transform your life starting now! 👇 👇 👇 Obtain signals👉👉👉
OANDA:XAUUSDLong
by MonicaLongman
Geopolitics: Risk Premium Discount Under Five Aircraft Carriers'Geopolitics: Risk Premium Discount Under Five Aircraft Carriers' Pressure When the U.S. Nimitz Carrier Strike Group arrived in the Arabian Sea as scheduled on June 22, forming a dual-carrier deployment with the Carl Vinson, London gold spot prices fell slightly by 0.04% to $3,367.09/oz—a phenomenon of "gold prices falling instead of rising under the shadow of war" that is rewriting the market's traditional response model to geopolitical conflicts. Israeli Prime Minister Benjamin Netanyahu has just announced that "military operation targets against Iran have been completed ahead of schedule," while the U.S. has released news of "deciding whether to join the war within the next 48 hours." Meanwhile, the UK's twin aircraft carrier battle groups have passed through the Suez Canal, with five aircraft carriers gathering in the Middle East—a military deployment comparable to the troop buildup before the 2003 Iraq War. However, market calm stems from two contradictory signals: on one hand, news that Iraq's "Hizbullah Brigades" threatened to block the Strait of Hormuz (accounting for one-third of global oil tanker traffic) panicked energy markets; on the other hand, although Iran-Europe nuclear talks made no substantive breakthrough, they released a de-escalation signal of "negotiations upon Israel's ceasefire." This tug-of-war between "military escalation and diplomatic de-escalation" has led to a "partial realization" of gold's safe-haven demand—similar to knowing a storm is coming but unsure of the exact time, so you buy an umbrella but don't open it immediately. Key data anchors: Israeli airstrikes have destroyed 40% of Iran's missile launchers, and Iran's retaliatory strike on Israel's "cyber capital" Beer Sheva on the 20th used 35% fewer missiles than last week. This "decrease in attack intensity" is interpreted by the market as an expectation of a "short-term war," causing gold ETF holdings to decline by 2.3% month-on-month. Analysis of gold trend next week, hope it helps you XAUUSD sell@3380~3390 SL:3410 TP：3370~3360
FOREXCOM:XAUUSDShort
by David_Wilson1
Analysis of gold trend next week, hope it helps you I. Next Week's Trend Analysis Geopolitics: Middle East Tensions Like an Unattended Gas Stove The ongoing conflict between Israel and Iran is akin to a gas stove left burning in a kitchen, poised to explode at any moment. Last week, Israel launched airstrikes on Tehran and reportedly killed an Iranian nuclear scientist, prompting Iran to retaliate against Beer Sheva, known as Israel's "cyber capital." More worryingly, Iraqi armed groups have threatened to block the Strait of Hormuz if the U.S. intervenes—a channel through which one-third of global seaborne crude oil passes, essentially gripping the world's energy tap. Russia has also warned of a "highly negative" response if Iran's supreme leader is harmed, further escalating tensions. In this context, gold serves as a "safe haven" for risk aversion. However, the market remains torn: on one hand, fears of conflict escalation drive funds into gold; on the other, hopes that Iran-Europe talks will ease tensions may prompt some capital to withdraw for wait-and-see. This contradiction was evident last week when gold prices surged to $3,450 before dropping to $3,367. Next week, close attention should be paid to whether the U.S. takes military action against Iran within two weeks and whether actual blockades of the Strait of Hormuz occur—such news will trigger sharp fluctuations in gold prices. Analysis of gold trend next week, hope it helps you XAUUSD sell@3380~3390 SL:3410 TP：3370~3360
FOREXCOM:XAUUSDShort
by David_Wilson1
Market next target 📉 Original View (Bearish Outlook): Predicts a downward move from around $3,370 to the target near $3,250. Sharp drop illustrated with zigzag downward arrows. Yellow arrow highlights growing volume — likely interpreted as early selling pressure. --- 🔄 Disruption: Bullish Reversal or Trap Setup 🧠 Problems With Bearish Thesis: 1. Volume Spike Might Indicate Demand: The yellow arrow highlights a volume surge, but this might be buyer absorption, not selling dominance. If this volume came during a wick-heavy candle or hammer, it suggests buying interest at lows. 2. No Break of Major Support Yet: Price is still above $3,350, a key psychological and technical zone. No clear breakdown has occurred — the downtrend is assumed, not confirmed. 3. Oversold Momentum? Momentum indicators (not shown) may reveal oversold conditions, making a short-term rebound more probable.
TVC:GOLDLong
by Gold_Free_Signals
Gold (XAU/USD) 4-Hour Analysis- 20 June 2025On the 4-hour chart, gold has been trading in a fairly wide range. The market has not clearly broken down, and many analysts see it as still structurally bullish as long as key support holds. Currently price is pulling back toward a confluence of support around $3,353–$3,355 (a zone overlapping a trendline and prior demand). In other words, buyers have defended roughly the 3,340–3,355 area recently. Resistance lies just above in the $3,370–$3,380 region, with a major psychological pivot at $3,400. One analyst notes gold is “boxed between resistance at $3,450 and support at $3,340–$3,335”, so the immediate bias depends on these zones. A clean break above 3,380–3,400 would signal bullish continuation (targeting 3,450+), while a drop below the 3,340–3,350 support zone would shift the bias bearish. Overall, the market structure on H4 is mixed-to-bullish: we see higher swings in larger timeframes, and only a minor short-term down leg so far. As one analysis notes, gold remains “structurally bullish” and an upside break could chase the $3,500–$3,550 area. Key Zones and Levels (4H) Strong Support (Demand) Zone: ~$3,340–$3,355. This zone (around the recent swing lows) has attracted buying. Analysts mark $3,350–$3,355 as a key buy zone. Breaking below ~$3,340 would be a warning, putting 3,300 as the next floor. Supply Zone / Resistance: ~$3,370–$3,380. This is the near-term resistance cluster (multiple analysts cite 3,370–3,380 as key). A rejection here would keep gold rangebound. Major Pivot: $3,400. This round number is acting as an important hurdle. A decisive close above $3,400 would open the door to the $3,434–$3,450 area (prior highs). Conversely, failure at $3,400 can push price back toward the support zone. Larger Resistances: If the uptrend resumes, look to ~$3,450 (April swing high) and beyond. Many long-range targets point to $3,500+ in a strong bull move. Secondary Supports: Below the main support zone, watch ~$3,300 and down at $3,281 (the 50-day moving average). These act as deeper floors if weakness continues. 4-Hour Bias In plain terms, as long as $3,340–$3,355 holds as support, the bias tilts bullish or neutral. We can say bullish bias above that zone: buyers will look to enter on pullbacks there. If price stays under $3,370, gains will likely be capped short-term. A break above $3,380/$3,400 would confirm a bullish breakout. On the flip side, a break below $3,340 shifts us to a bearish bias, with attention turning to lower support levels. On indicators, shorter-term momentum has eased (recent RSI is flattening around 60), suggesting some fatigue. But the longer-term trend is up, supported by strong safe-haven demand (central bank buying, geopolitical risk). In summary: neutral-to-bullish on 4H, favor buyers near support but cautious near overhead supply. Intraday (1H) Setups Zooming into the 1-hour chart, we look for trades that align with the above bias. The clearest setups involve buying around demand zones and selling near supply areas: Buy the Dip (~$3,344–$3,355): Wait for gold to dip into the 3,340–3,350 area. If you see a bullish price-action signal (e.g. a clear hammer or bullish engulfing candle), that’s a potential buy. Place a stop just below (~$3,335). Initial targets are around $3,370–$3,380 (near resistance). For example, one analysis suggests: “Buy XAU/USD at 3,344–3,348, TP 3,365–3,370, SL 3,335”. Sell the Rally (~$3,375–$3,380): If price runs up to $3,375–$3,380 and shows signs of stalling (e.g. bearish candle), consider a short. Stop would be just above (~$3,385), with a target back down toward $3,355–$3,360 or the 1H demand zone. (One example from analysis: “Sell XAU/USD at 3,375–3,380, TP 3,355–3,360, SL 3,385”.) This aligns with fading the high of the range. Breakout Strategy: If momentum is strong and gold breaks convincingly above ~$3,380–$3,400 on the 1H, one can enter long on the breakout. The next resistances are ~$3,434 and $3,450. Stops should be very tight in that case (just under the breakout candle). Risk Management: Keep position sizes small (1–2% risk). Use stops under/above the structural levels. Always wait for a clear 1H candle signal before pulling the trigger, to avoid false moves. Key 1H levels: We can cite the strong short-term zones: support ~$3,344–$3,348 and resistance ~$3,375–$3,380. If price skims these areas, watch carefully for a signal to buy or sell as described above. If 1H breaks below $3,340, be ready for a move toward the lower demand zone (around $3,335) or even $3,300–$3,280. Takeaway Gold is currently trading between ~$3,340 and $3,380 on the 4H chart. The simplest guidance is to trade the range: buy on dips near $3,340–$3,355 with stops just below, aiming for the $3,370–$3,380 area, and sell near $3,375–$3,380 if rallies stall. Maintain a bullish tilt as long as that $3,340+ support holds, but be ready to switch bearish if gold decisively closes under ~$3,340. Single Takeaway: Treat ~$3,340–$3,355 as a key demand zone – a bounce here would be a high-probability long entry (targeting $3,370–$3,380), whereas a break below would turn the bias lower.
OANDA:XAUUSD
by Tami512