XAU/USD.2h chart pattern..From your XAU/USD (Gold vs USD) 2-hour chart, im showing a bullish channel breakout with a clearly marked target level.
📊 Observations:
The chart displays an ascending channel with price breaking above a key resistance zone (~3412).
The projected target is explicitly marked at:
🎯 3,500.641
This is likely derived from a measured move using the height of the previous consolidation range added to the breakout point.
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🔍 Summary:
Breakout Zone: ~3,412
Target Zone: 3,500.641
Support Zones:
Near-term: 3,370 – 3,390
Channel bottom: ~3,337
Key invalidation: Below 3,320
Would you like help with setting a stop-loss or trailing exit plan to lock in profits as price moves?
XAUUSD trade ideas
GOLD Long From Rising Support! Buy!
Hello,Traders!
GOLD is trading in an
Uptrend and the price is
Making a local pullback
But as we are bullish
Biased we will be expecting
A rebound from the rising
Support line and a move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD ROUTE MAP UPDATEHey Everyone,
Another PITASTIC day on the charts, with our analysis playing out perfectly.
Yesterday after completing the target at 3352, we stated that we’ll be watching for a confirmed cross and lock above 3352 for a continuation. We got the cross and lock above 3352 opening 3388.
- 3388 was hit perfectly today completing this target. We will now look for a ema5 cross and lock above 3388 for a continuation. If price fails to lock above, we could see rejections leading back into the lower Goldturns, where we’ll look for support and bounce.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3318 - DONE
EMA5 CROSS AND LOCK ABOVE 3318 WILL OPEN THE FOLLOWING BULLISH TARGETS
3352 - DONE
EMA5 CROSS AND LOCK ABOVE 3352 WILL OPEN THE FOLLOWING BULLISH TARGET
3388 - DONE
EMA5 CROSS AND LOCK ABOVE 3388 WILL OPEN THE FOLLOWING BULLISH TARGET
3428
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET
3478
BEARISH TARGETS
3281
EMA5 CROSS AND LOCK BELOW 3281 WILL OPEN THE FOLLOWING BEARISH TARGET
3254
EMA5 CROSS AND LOCK BELOW 3254 WILL OPEN THE FOLLOWING BEARISH TARGET
3210
EMA5 CROSS AND LOCK BELOW 3210 WILL OPEN THE SWING RANGE
3179
3146
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Trade Plan (Multi-Leg Strategy)This chart outlines a two-phase trading strategy:
▶ Buy from the demand zone, followed by
▶ Sell from the resistance/range zone.
🟦 Phase 1: Buy Setup
Buy Entry: Around 3301 (marked demand/support zone)
: TP1 (Take Profit): 3340–3350 zone (previous supply/resistance area)
: The price is expected to bounce from this demand zone and rally toward the Range Zone.
🟧 Phase 2: Sell Setup (After Confirmation)
Sell Zone: After price hits 3340–3350 and confirms rejection in the Range Zone
> TP1 for Sell: 3310–3300 zone
> Final Target: 3250 (major support level)
> This move expects a bearish reversal after failing to break the range top.
🟡 Key Notes:
Range Zone = 3340–3350 is a key decision point. Wait for a reversal signal (e.g., double top, bearish engulfing) before shorting.
The setup blends support/resistance, price action, and zone trading logic.
✅ Summary:
Buy from 3301 → TP at 3340–3350
Sell from 3340–3350 (after confirmation) → TP1: 3300, TP2: 3250
XAUUSD - Risk Management - How much % do you risk daily?⭐It’s not about how much you know. It’s about how much you risk.⭐
The lesson you only learn after blowing up your account.
You’ve read hundreds of articles, watched countless hours of YouTube.
Joined 5 groups.Subscribed to 10 channels.
Maybe you even tried a prop firm challenge and failed it in two days.
Paid for mentorship.
Kinda know structure. See price action.
And yet… your account still shrinks faster than your patience.
Because at the end of the day:
It’s not about what you know. It’s about how much you risk.
⚠️ The trade was right. Your lot size wasn’t.
You had a good setup.
Price reached your zone. There was confluence.
Everything looked clean — until your lot size showed up to ruin everything.
Example: You entered with 0.50 lots on a $200 account, using a 40-pip stop loss.
Let’s break it down:
• $0.50 per pip × 40 pips = $200 loss
• You lost 100% of your account on a single trade
The strategy didn’t fail.
The size did.
💡 Why “risking 1%” works on paper — but not on XAUUSD
Every trading book, coach, and Twitter guru screams:
“Just risk 1-3% per trade.”
Cool. Sounds disciplined.
But in Gold, most traders use tight stop losses — 20, 30, maybe 50 pips.
To stay within 1% risk with such a small SL, your lot has to be bigger.
And that’s where accounts explode.
Gold doesn’t move like EURUSD.
It spikes, wicks, manipulates, and throws fakeouts for fun.
Experienced traders know that sometimes a 150–180 pip SL isn’t weak — it’s smart.
It’s not about “being wrong.” It’s about giving the setup room to breathe.
📌 What actually works
Instead of risking 1-3%, many experienced traders manage risk more conservatively:
• 0.25%–0.35% per trade is more sustainable
• 0.50% is rarely reserved for highly valid, high-confluence setups only
This allows for:
• More breathing room
• Emotional control
• Less panic during drawdown
• And more trades that survive manipulation
🧠 Your position size is your psychology, exposed.
Most traders don’t lose because they picked the wrong zone.
They lose because they sized their trade like they were trying to get rich overnight.
You want to measure discipline?
Forget strategy.
Look at how much someone risks per trade.
A 0.10 lot on a $500 account means control.
A 1.00 lot on the same account means desperation or showoff.
🧮 A quick example to make it real
You have a $1,000 account.
You risk 0.20% — that’s $2/pip.
Your stop loss is 50 pips.
That means you can trade 0.10 lot safely.
Now you’re giving the trade room to work — and if it fails, you’re still in the game.
That’s the difference between blowing up and showing up.
📉 Bonus risk reminder: Daily exposure ≠ per-trade risk
If you’re taking 2–3 trades per day, don’t risk 0.30% on each one. That’s not low risk — that’s stacking exposure. ✅ What you should do: Decide your daily risk limit (let’s say 0.30%), then split it across your planned entries. 2 trades? → 0.15% each 3 trades? → 0.10% each
🎯 Final thoughts
Your setup doesn’t need to be perfect.
You do.
→ Risk according to volatility, not emotion
→ Respect your stop loss, and scale your lot size to match
→ Don’t try to force profits out of every candle
The best traders aren’t always right —
they just size smart enough to be wrong and still come back.
If this lesson helped you today and brought you more clarity:
Drop a 🚀 and follow us✅ for more published ideas.
XAUUSD (Gold Spot vs USD) H1 Chart AnalysisBullish Trade Setup – XAUUSD (Gold Spot / U.S. Dollar)
🟢 Entry Point:
Buy at: $3,327
🎯 Targets:
1. 1st Target: $3,360
2. Final Target: $3,390
🔐 Stop-Loss:
Place below recent swing low or lower channel line, e.g., around $3,315 (adjust based on volatility or tighter risk tolerance)
GOLD conditions seem to remain bearish: Pay attention to hintsFor now, we can see that Gold’s bullish momentum has stalled and since Friday Gold has been under pressure from 3325. Not surprisingly though, the market structure performed as expected this past week.
I believe that short-term price action in gold may remain choppy next week due to Trump’s temporary tariff measures so caution is advised.
My bias is still the same as before, I think that on Monday the market will open bearish likely pushing price lower initially.
As you can see in my previous analysis, the forecasted move played as expected:
So this being said I plan to react based on how price behaves at support of 3270-3250 on the lower side in the short term.
If price tags the support as shown on my chart, I’ll be watching for a possible rebound toward 3300. This range in particular should not be overlooked . This area aligns with the point of control, and given how price often gravitates back to high-volume zones after sharp moves, a recovery to that level would be a natural reaction.
The key point lies in how the market will open and how price will behave, as well as the overall sentiment.
Gold's next move won’t be random, there are strong confluences at play that will guide and give us hints, so it’s up to us to stay attentive.
If we were to break upside above the $3,330 level, then we can see more bullish outlook next
The other scenario, to be taking into account would be to start with a strong bullish candle and reach 3330 before a drop.
Wishing you a profitable trading weekend ahead. This is just a forecast and should not be considered financial advice.
Fakeout or Takeoff? Gold Retakes 3350 Before NY Close1. Recap of Yesterday's Move
Yesterday was a volatile day for Gold. Price initially broke above the key 3340–3350 resistance zone, only to drop back below it—but intriguingly, it closed above it on the New York session. That close is the detail that changes everything.
2. Key Question: Will Gold Stay Above 3400 and Push Toward New ATHs?
Let’s split this into two scenarios:
________________________________________
🟢 Bullish Scenario – Buy the Dip?
• The short-term structure is undeniably bullish.
• The reclaim of 3340–3350 is not a fakeout, but a clean signal of strength.
• If momentum holds, we can expect price to push toward 3405 and then 3435.
• As such, the strategy remains: buy dips, targeting those key levels.
________________________________________
🟡 Long-Term Breakout? Not So Fast
• Yes, the higher lows at 3120, 3250, and 3295 suggest that the correction from 3500 may be over.
• A clean breakout and stabilization above 3400, ideally near 3430, could signal a path toward a new all-time high.
• ❗ However, volatility remains wild, and if geopolitical tensions de-escalate or trade tariffs get resolved, Gold could see a sharp drop of 1500–2000 pips, as part of a broader risk-off unwind. Peace and stability could hurt safe-haven demand.
________________________________________
📌 Trading Plan
• Short-term: Buy dips while above 3340-3350 (ideally on a re-test), aiming for 3405 and 3435.
• Long-term: Stay flexible. Wait for confirmation above 3430 before going for the ATH narrative.
________________________________________
💡 Conclusion
Technically, Gold is bullish in both the short and long term. But with global uncertainty in play, don't ignore the fundamentals. Trade the chart, but respect the world around it. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Gut Feeling Vs. Technical Analysis- How I Take TradesTrading Is Both Art and Science
Every trader, no matter how data-driven, eventually encounters moments when they just know something about the market.
That quiet internal signal:
“Don’t touch this today.”
Or: “Get ready. Something’s coming.”
That’s not random emotion. That’s your gut feeling – and in trading, it's worth paying attention to. But here's the catch:
👉 Gut feeling alone isn’t enough.
👉 Technical analysis alone isn’t either.
The real edge comes when both align.
________________________________________
What Is Gut Feeling in Trading?
“Gut feeling” is a term used to describe intuitive decisions that seem to arise without conscious reasoning. In trading, it often presents as a subtle inner nudge – a warning, a hesitation, or a surge of clarity.
Contrary to popular belief, it’s not just emotion. It’s often the result of:
• Unconscious pattern recognition from years (or decades) of chart-watching
• Internalized market behavior that doesn’t show up on an indicator
• Emotional awareness, sensing when the environment isn’t right to trade
Experienced traders know this isn’t “woo.” It’s pattern memory speaking quietly.
________________________________________
On the Other Hand: What We Call Technical Analysis?
We all know the tools: support/resistance, price action, indicators like RSI, MACD, Bollinger Bands, maybe Smart Money Concepts or just clean trendlines, etc.
Technical analysis gives us structure — measurable, repeatable setups. But let’s not pretend it captures everything:
• News can spike irrationally
• Liquidity can vanish when you least expect it
• And sometimes, the chart says 'yes' but the market mood says 'don’t trust it'
That’s where gut feeling becomes the final filter.
________________________________________
✅ Why I Wait for Alignment
Let’s be honest: most bad trades happen when you force action despite internal hesitation.
Here’s how I frame decisions:
✅ Full alignment
• Gut: Yes
• Technicals: Yes
• 👉 Take the trade
⚠️ Gut says no, but technicals agree
• Gut: No
• Technicals: Yes
• 🚫 Wait – something’s off
⚠️ Gut says yes, but technicals are unclear
• Gut: Yes
• Technicals: No
• 👁 Watch only – do not act
❌ No alignment
• Gut: No
• Technicals: No
• ✅ Stay out – smart decision
You’re not supposed to be in every trade. You’re supposed to be in the right trades.
________________________________________
🔍 Real-Life Example: Gold (XAUUSD)
Yesterday, Gold surged due to geopolitical escalation and renewed tariff tension.
Is looking bullish now: descending trendline broken, above 3350 which acts as confluence support.
📈 The chart said: “Buy.”
🧠 But my gut said: “ No. This is an emotional move. It’s not done correcting .”
So I stayed out.
Why?
Because if I trade while my gut says “no”, I second-guess every tick.
Even if the chart is right, I start hoping it fails — just to prove my feeling was right.
That’s emotional sabotage.
But when gut and chart say the same thing, I don’t hesitate.
Even if the trade loses, I’m at peace. I executed from clarity, not conflict.
That’s not just technical skill. That’s mental edge.
🧠 How to Develop Trustworthy Intuition
If you’re new or inconsistent, your “gut feeling” might just be fear, greed, or FOMO. But over time, real intuition can be trained like a muscle.
1. Screen Time
The more markets you watch, the more silent patterns your brain absorbs. Eventually, you’ll “feel” momentum shifts before indicators print them.
2. Journaling
Write down what you felt before each trade. Did it align with your plan? Over time, you’ll spot which feelings were intuition and which were impulse.
3. Meditation & Clarity
The more you control your emotional noise, the easier it becomes to hear real signals.
________________________________________
⚠️ Common Pitfalls: When Gut Feeling Betrays You
Let’s be clear – not every gut feeling is wise. Here are some red flags:
• Revenge trading disguised as confidence
• FOMO masked as intuition
• Fear of missing out during high volatility sessions
• Fatigue or stress, which distort perception
🧠 Tip: A real gut feeling comes with calm clarity, not urgency or adrenaline.
________________________________________
🎯 Final Thought
Gut Feeling + Technical Analysis = Peace of Mind
The best trades aren’t just technically correct — they’re internally clean. No doubt. No hesitation. No self-conflict.
Wait for alignment. Then execute with full presence.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Gold is in the Bearish DirectionHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gold price recovers, accumulates new week⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) hold steady near $3,310 during the early Asian trading hours on Monday, with the precious metal struggling to gain traction amid renewed strength in the US Dollar (USD). While a firmer Greenback poses headwinds for gold, lingering uncertainty surrounding President Donald Trump’s tariff strategy continues to offer some support.
On Friday, upbeat labor market data bolstered the dollar, pressuring dollar-denominated assets like gold. The US Bureau of Labor Statistics (BLS) reported that Nonfarm Payrolls rose by 139,000 in May, outpacing expectations of 130,000 and surpassing the previous month's downwardly revised figure of 147,000 (from 177,000). The stronger-than-expected jobs report has dampened hopes of near-term Fed rate cuts, weighing on bullion’s appeal.
⭐️Personal comments NOVA:
Gold price takes liquidity 3294, below 3300 GAP zone last week. Accumulate and react at lower support zones
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3348- 3350 SL 3355
TP1: $3340
TP2: $3330
TP3: $3320
🔥BUY GOLD zone: $3281- $3279 SL $3274
TP1: $3292
TP2: $3300
TP3: $3315
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
“Gold Technical Breakout – Time to Ride the Bullish Wave?”GOLD (XAUUSD) – BREAKOUT FROM DESCENDING TRENDLINE
Gold has recently broken out of a multi-week descending trendline, with price now trading above former resistance and forming higher highs. The breakout appears technically strong, supported by previous support holding at the 3258 level.
We’ve also seen a successful retest of the broken trendline, which has now turned into support — a classic bullish continuation signal. If this structure holds, potential targets are set at TP1 and TP2 zones.
Key levels to watch:
📈 Support: ~3258
🎯 TP1: Near-term resistance zone
🎯 TP2: Next major resistance area
🛑 SL idea (educational): Below the retest low
⚠️ This post is for educational and technical analysis purposes only. It is not financial advice. Always do your own research and manage your risk.
Gold Market Analysis: Short-Term Weakness, Long-Term OptimismAfter a significant drop on Friday, gold prices hit a low of **$3316** in the US market, indicating that the current market correction is likely to continue into next week.
### Current Market Dynamics
The short-term outlook for gold appears weaker, with the 4-hour cycle showing a decline and the daily cycle facing upward pressure. Despite this, the overall market remains within a broad trading range, mirroring the patterns observed in May.
The recent fall below the **$3330** support level is a key indicator. This point acted as a pivot between bullish and bearish sentiment, and its breach suggests that the short-term market has entered a period of weakness and volatility. However, the market hasn't fully shifted into a bearish trend. We can expect a continued downward fluctuation, but the extent of this drop should be limited, making a sharp decline unlikely.
### Trading Strategy for the Coming Week
Given these dynamics, a "short-term selling and long-term buying" strategy is recommended.
* **Short-term operations** may involve selling, but this should be approached cautiously.
* From a broader perspective, **buying remains the primary strategy**.
Looking ahead to next week, we anticipate the market will fluctuate and find a bottom around **$3300**. Once this support level stabilizes, a new upward trend is expected to begin.
**Key price levels to watch:**
* **Short-term resistance:** $3340
* **Lower support:** $3300
Flexibility in your trading arrangements will be crucial to capitalize on upcoming market opportunities.
XAU/USD) Technical analysis Read The captionSMC trading point update
Technical analysis of Gold (XAUUSD) on the 1-hour timeframe. Here's a breakdown of the key ideas in the analysis:
---
Chart Elements:
Support Level (Yellow Zone at ~3,340–3,350):
This area has been highlighted as a key support zone where price has bounced previously.
Price is currently hovering just above this level.
Downtrend Line:
A descending trendline is drawn, indicating a short-term bearish trend.
A breakout above this line could trigger bullish momentum.
Two Scenarios Outlined:
Bullish Scenario:
If price breaks the downtrend and holds above support, it may rally towards the upper target point at 3,419.68.
Bearish Scenario:
If price breaks below the support, the next target point is marked lower around 3,300.62, a previous consolidation area and close to the 200 EMA (blue line).
200 EMA (~3,324.72):
Acts as dynamic support. If price moves below it, bearish sentiment may increase.
RSI (Relative Strength Index):
RSI is neutral (~50.54), not showing overbought or oversold signals, leaving room for movement in either direction.
---
Key Takeaways:
Neutral-Biased Setup: The price is consolidating between a clear support level and downtrend resistance.
Confirmation Needed: A breakout from either direction is necessary to confirm the next move.
Bullish Breakout: May lead to a retest of highs at 3,419.68.
Bearish Breakdown: Could push the price toward 3,300.62, aligned with past support and the 200 EMA.
Mr SMC Trading point
---
Trading Ideas (based on this analysis):
Long Entry: On breakout above the downtrend line + confirmation above 3,360.
Short Entry: On breakdown below 3,340 with strong volume.
Stop-Loss: Just outside the consolidation zone depending on trade direction.
Risk Management: Be cautious around economic news (calendar icons shown suggest upcoming events).
Please support boost this analysis )
Gold XAUUSD Possible Move 9th June 2025Market Structure:
The overall trend remains bearish, with a series of lower highs and lower lows.
Recent bullish retracement is corrective and approaching a key supply zone (3340 region).
Zones of Interest:
Supply Zone (Sell Area): 3335–3340
This area acted as a previous area of institutional selling. Price is expected to tap into this zone before resuming the downward move.
Demand Zone (Target): 3295–3305
This level served as a previous strong demand zone and aligns with previous reaction zones.
Liquidity & Structure:
Liquidity grab expected above minor highs around 3330–3335 before a potential reversal.
Structure shows a liquidity sweep, followed by a market shift confirming the bearish move.
Key Confluences:
Bearish market structure
Return to supply
Clear risk-to-reward setup
Anticipated lower high formation
Clean FVG + OB alignment in supply zone
📉 Trade Idea / Signal
Type: Sell Limit
Entry: 3335–3340
Stop Loss: 3355 (above supply zone highs)
Take Profit: 3320
Take Profit: 3300
Risk–Reward: ~1:3
🧠 Trade Plan
Wait for price to enter 3335–3340 zone.
Look for confirmation (e.g., bearish engulfing, BOS, CHoCH on LTF).
Execute short with SL above the zone.
Target the 3300 handle which aligns with the HTF demand zone and price imbalance fill.
GoldMinds Family — Sniper Plan for June 12 👋 Good evening traders!
CPI delivered clean reactions, and now we're stepping into the next setup zone as Core PPI, PPI m/m and Unemployment Claims line up on tomorrow’s calendar. Expect the volatility machine to wake up again.
Gold remains capped inside premium supply while liquidity continues to build on both sides. My plan is simple: execute only when price moves into proper levels — clean, confirmed, and structured.
🔎 Sniper Zones
Sell Zones:
• 3359 – 3375 → H1 premium OB + weak high inducement
• 3387 – 3398 → Extreme premium sweep zone
Buy Zones:
• 3312 – 3300 → H1 demand zone + internal FVG fill
• 3285 – 3272 → Deep flush liquidity zone
Mid Zone:
• 3336 – 3344 → Only valid for quick scalps with clean M5 confirmation
🧭 Bias
Bias remains bearish under 3375, but as always: let liquidity show its hand first.
News triggers liquidity. Liquidity triggers setups. We execute the third move.
🔎 The Battle Plan for Tomorrow
If price moves higher ahead of or after the news, I’m watching my first sell zone between 3359 and 3375. This is where liquidity stacks above recent highs, sitting inside the H1 premium order block and imbalance. Any clean reaction here can offer solid short opportunities.
If volatility drives an even stronger push, I have my second sell zone between 3387 and 3398 — an extreme premium zone where late buyers could get trapped after the news spike completes a full liquidity hunt. This would be my deeper liquidity sweep area.
If sellers take control early and we see a flush down before or after the release, I’ll be focused first on the 3312–3300 zone. This sits inside clean H1 demand, where previous liquidity was already collected. If price drops even further, I’m watching 3285–3272 as the deep liquidity sweep zone — where price may fully clear weaker hands before potential reversal.
Between 3336 and 3344 sits my mid-zone.
This is the area where price may consolidate or chop ahead of news. I avoid entering here unless I see a clean M5 confirmation for a quick scalp. Otherwise, it’s simply no-man’s land.
🎯 My Tactical Approach
If price reaches the sell zones → I wait for strong rejection & structure break on M5/M15 to execute shorts.
If price flushes into the buy zones → I wait for bullish confirmation on M15 to enter long.
Mid-range is ignored unless very clean setups appear on lower timeframe flips.
⚠ News days often start with traps. The first reaction isn’t always the real direction. I stay patient, disciplined, and let liquidity build before executing.
🚀 If this sniper plan helps you stay prepared, drop a 🚀, leave a comment, and Boost the post to support clean, real structure-based trading.
Follow GoldFxMinds for daily sniper updates 🧠✨
XAUUSD: Analysis June 10Gold recovered to nearly 3340 yesterday after a sharp decline at the end of last week. But gold then declined again as the market digested positive signals from the US-China trade talks. There is no important economic data released from the US today, investors continue to monitor the developments of the US-China trade talks and CPI data released on Wednesday.
After falling to test the broken down channel, gold rebounded to near 3340. It is currently declining again, but is still moving steadily above the psychological support zone of 3300. In the European session, you can buy gold again when approaching this support zone again. Or you can sell according to the two resistance zones above.
XAUUSD BULLISH OR BEARISH DETAILED ANALYSISXAUUSD is currently forming a clean bullish pennant pattern on the daily timeframe, signaling a potential continuation of the dominant uptrend. After a strong impulsive rally that pushed gold prices to new highs, the market entered into a consolidation phase, tightening within the pennant structure. This type of price action typically precedes a breakout, and with current price action hovering near the upper boundary of the pennant, a bullish breakout looks imminent. If we break above this consolidation zone, the next target stands at 3500, in line with the measured move projection from the prior leg.
From a fundamental standpoint, gold remains in strong demand amid ongoing macroeconomic uncertainties and shifting central bank policies. Recent data out of the US showed signs of a cooling labor market and slowing inflation pressures, increasing the odds of the Federal Reserve leaning toward rate cuts in the second half of 2025. A dovish Fed would weaken the US dollar and lower Treasury yields—two key drivers that historically push gold prices higher. Additionally, continued central bank gold buying globally, especially from emerging markets, is providing a strong underlying bid for XAU.
The current consolidation is healthy and is allowing the market to build momentum before another leg up. Volatility is compressing, volume remains steady, and price structure is respecting key trendlines. Once we get confirmation with a breakout and close above the upper pennant boundary, it would open the door to a swift move toward the 3500 region. Traders should monitor volume and RSI closely for early signs of breakout confirmation.
In this environment of economic uncertainty, demand for safe-haven assets like gold is only increasing. With technicals and fundamentals aligned, XAUUSD is gearing up for a powerful bullish wave. As long as we hold above the key 3280–3300 support range, the bullish thesis remains fully intact. This setup offers excellent reward-to-risk potential and is one of the more compelling opportunities currently on the radar.
Do bulls have enough steam to drive gold higher?A lot of things to consider this week, a lot of data and geopolitical tensions. Will the economic uncertainty and potential bad US jobs data drive TVC:GOLD higher? Let's dig in.
FX_IDC:XAUUSD
Let us know what you think in the comments below.
Thank you.
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GOLD – Bearish Momentum Below 3329 Ahead of US-China TalksFX:XAUUSD – Bearish Momentum Below 3329 Ahead of US-China Talks
Overview:
Gold remains under bearish pressure as markets await the outcome of the upcoming call between U.S. President Trump and China’s President in London. The event is contributing to uncertainty and risk-off sentiment, favoring downside momentum.
Technically, price action remains weak while trading below the pivot level at 3329. A confirmed 1H close below 3311 would likely extend the bearish move toward 3292 and 3275.
On the other hand, a 1H or 15-minute close above 3329 could trigger a bullish correction toward 3347.
A confirmed break above 3347 would shift the trend toward a more sustained uptrend, targeting 3366 and 3404.
Key Levels:
Pivot: 3329
Support: 3311, 3292, 3275
Resistance: 3347, 3366, 3404