Bullish Reversal Setup on GOLD/USD Bullish Reversal Setup on GOLD/USD 💰📈
🔍 Chart Analysis:
The chart illustrates a clear bullish reversal structure forming off a strong support zone:
📌 Key Observations:
Multiple Rejections at Support 🟠
The price has reacted to the 3,300 - 3,280 USD support zone multiple times, forming a triple bottom pattern, indicating strong buyer interest.
Bullish Harmonic Pattern ✅
A bullish harmonic pattern (likely a Bat or Gartley) completed right at the support level, triggering a strong reversal with a bullish engulfing candle.
Break of Minor Structure 📊
Price broke through minor resistance near 3,340 USD, confirming bullish momentum. The breakout is supported by a retest shown with the green arrow 🟢.
Target Point Identified 🎯
The projected target is 3,460 USD, marked clearly as the next significant resistance zone. This aligns with previous price rejection areas, making it a high-probability target.
📈 Trading Outlook:
✅ Buy Confirmation: Break and retest of 3,340 USD zone.
🎯 Target: 3,460 USD.
🛡️ Support Zone: 3,300 – 3,280 USD (watch for any breakdown below this).
📌 Conclusion:
The chart signals a high-probability bullish continuation, with strong support, harmonic confluence, and structural breakout. Traders may look for buy opportunities on pullbacks with the target set at 3,460 USD. 🚀📊
Goldlong
Trading Analysis for Gold Spot / U.S. Dollar (15-Minute Chart)
Based on the provided 15-minute chart for Gold Spot / U.S. Dollar (XAU/USD), published by NaviPips on TradingView.com on June 30, 2025, at 17:53 UTC, here’s a suggested trading setup for a buy position:
Current Price and Trend: The current price is 3,241.875, with a slight increase of +0.250 (+0.01%). The chart shows a recent downtrend that appears to be stabilizing near the current level, suggesting a potential reversal point.
Buy Entry: Enter a buy position at 3,312.875 (current price), as it aligns with a support zone where the price has found a base, indicated by the horizontal dashed line and recent consolidation.
Stop Loss: Place a stop loss at 3,295.250, below the recent low, to protect against further downside. This level is approximately 10.625 points below the entry, defining the risk.
Take Profit Levels:
Take Profit 1: 3,317.875, a conservative target about 20.000 points above the entry, aligning with a minor resistance zone.
Take Profit 2: 3,324.750, a mid-range target approximately 31.875 points above the entry.
Take Profit 3: 3,332.500, a deeper target about 45.625 points above the entry, indicating a potential trend reversal.
Price Action: The chart indicates a downtrend with a possible bottoming pattern near the current level. The support zone and upward candlestick suggest a buy opportunity if the price holds.
Risk-Reward Ratio: The distance to the stop loss (10.625 points) compared to the take profit levels (20.000 to 45.625 points) offers a favorable risk-reward ratio, ranging from approximately 1:1.9 to 1:4.3.
Conclusion
Enter a buy at 3,241.875, with a stop loss at 3,295.250 and take profit levels at 3,317.875, 3,324.750, and 3,332.500. Monitor the price action for confirmation of an upward move, and be cautious of a potential continued downtrend if the price breaks below the stop loss level. (Note: I assume "take profot" was a typo for "take profit" and have corrected it accordingly.)
Trading Analysis for Gold Spot / U.S. Dollar (15-Minute Chart)
Based on the provided 15-minute chart for Gold Spot / U.S. Dollar (XAU/USD), published by NaviPips on TradingView.com on June 27, 2025, at 17:53 UTC, here’s a suggested trading setup for a sell position:
Current Price and Trend: The current price is 3,278.385, with a slight increase of +2.500 (+0.08%). The chart shows a recent uptrend that appears to be exhausting near the current level, suggesting a potential reversal point.
Sell Entry: Enter a BUY position at 3,26O TO 3270 (current price), as it aligns with a resistance zone where the price has peaked and started to show signs of decline.
Stop Loss: Place a stop loss at 3,240.526, below the recent low, to protect against an upward continuation. This level is approximately 37.859 points below the entry, defining the risk.
Take Profit Levels:
Take Profit 1: 3,300.898, a conservative target about 35.513 points above the entry.
Take Profit 2: 3,305.203, a slightly lower target approximately 34.818 points above the entry.
Take Profit 3: 3,313.816, a mid-range target about 17.431 points above the entry.
indicating a potential trend reversal.
Price Action: The chart indicates an uptrend with a recent peak followed by a bearish candle, suggesting a possible reversal. The horizontal dashed line marks a key level, supporting the sell setup at the current resistance.
Risk-Reward Ratio: The distance to the stop loss (37.859 points) compared to the take profit levels (14.440 to 35.513 points) presents a mixed risk-reward profile. Take Profit 1 offers a near 1:1 ratio, while Take Profit 4 results in a negative ratio, indicating a high-risk trade against the recent uptrend.
Trading Analysis for Gold Spot / U.S. Dollar (15-Minute Chart)Based on the provided 15-minute chart for Gold Spot / U.S. Dollar (XAU/USD), published by NAVIPIPS on TradingView.com on June 28, 2025, at 20:42 UTC, here’s a suggested trading setup for a sell position. Note that the chart indicates a buy setup, but since you requested a sell analysis, I will interpret a potential sell scenario based on the current price action and levels.
Current Price and Trend: The current price is 3,274.175, with a slight decline of -0.580 (-0.02%). The chart shows a recent uptrend that may be exhausting near the current level, with a potential reversal suggested by the downward trendline.
BUY Entry: Enter a sell position at 3,274.175 (current price), as it aligns with a resistance zone where the price has struggled to break higher, indicated by the buy entry level being a potential reversal point for a sell.
Stop Loss: Place a stop loss at 3,263.740, below the recent low, to protect against an upward continuation. This level is approximately 10.435 points below the entry, defining the risk.
Take Profit Levels:
Take Profit 1: 3,295.816, a conservative target about 21.641 points above the entry.
Take Profit 2: 3,280.254, a mid-range target approximately 6.079 points above the entry.
Take Profit 3: 3,263.825, a deeper target about 10.350 points below the entry, aligning with a support zone.
Price Action: The chart indicates an uptrend with a potential peak near the current level, supported by the downward trendline. The buy setup suggests a bounce, but a sell could be viable if the price fails to sustain upward momentum.
Risk-Reward Ratio: The distance to the stop loss (10.435 points) compared to the take profit levels (6.079 to 21.641 points) presents a mixed risk-reward profile. Take Profit 1 offers a 1:2 ratio, while Take Profit 3 results in a negative ratio, indicating a high-risk sell against the buy setup.
Conclusion
Enter a BUY at 3,274.175, with a stop loss at 3,263.740 and take profit levels at 3,295.816, 3,280.254, and 3,263.825. This is a counter-trend trade against the indicated buy setup, so confirm the reversal with additional indicators (e.g., candlestick patterns or RSI) and be prepared for potential upward momentum if the price breaks above the stop loss level.
Gold (XAU/USD) Bearish Trade Setup – June 27, 2025Entry Point: Around 3,300.98 USD
Stop Loss (SL): ~3,312.20 USD
Take Profit (TP): 3,229.33 USD
Current Price: 3,286.15 USD
Risk-Reward Ratio: ~1:6.3
(Potential reward ≈ 71.65 pts; risk ≈ 11.22 pts)
Technical Breakdown:
Trend:
The price is in a short-term downtrend, supported by:
Lower highs and lower lows.
Price trading below both 50 EMA (red) and 200 EMA (blue), confirming bearish momentum.
Bearish Breakout:
Price broke below a key support-turned-resistance zone near 3,300–3,302, triggering sell pressure.
Resistance Area:
Strong rejection at 3,302–3,312 zone, which is now acting as resistance.
SL is placed just above this zone to protect against false breakouts.
Target Zone:
TP set at 3,229.33, aligning with a previous support zone — a logical area for price to react.
Strategy Notes:
Bias: Bearish
Entry confirmation: Already triggered.
Risk Management: SL placement is tight and strategic; RR ratio is highly favorable.
Next support below TP: If 3,229 breaks, further downside could follow.
Summary:
This setup shows a well-defined bearish continuation with a clean break of support, a controlled SL above resistance, and a strong RR ratio. A suitable trade for trend-following strategies, but price must not retrace above 3,312 for this idea to remain valid.
Trading Analysis for Gold Spot / U.S. Dollar (15-Minute Chart)
Based on the provided 15-minute chart for Gold Spot / U.S. Dollar (XAU/USD), published by NaviPips on TradingView.com on June 27, 2025, at 09:20 UTC, here’s a suggested trading setup for a sell position:
1. **Current Price and Trend**: The current price is 3,295.890, with a slight decline of -0.235 (-0.10%). The chart shows a recent uptrend that appears to be exhausting near the current level, with a potential reversal indicated by the EMA crossing and a bearish candle.
2. **Sell Entry**: Enter a sell position at 3,295.890 (current price), as it aligns with the resistance zone where the price has peaked and started to decline, supported by the "FULL RISKY TRADE MUST BE ENTER OPPOSITE TREND TRADE" label.
3. **Stop Loss**: Place a stop loss at 3,275.012, below the recent low, to protect against an upward continuation. This level is approximately 20.878 points below the entry, defining the risk.
4. **Take Profit Levels**:
- **Take Profit 1**: 3,326.453, a conservative target about 30.563 points above the entry, aligning with a minor resistance zone.
- **Take Profit 2**: 3,315.522, a mid-range target approximately 19.632 points above the entry.
- **Take Profit 3**: 3,301.216, a deeper target about 5.326 points above the entry.
- **Take Profit 4**: 3,287.605, the furthest target, approximately 8.285 points below the entry, indicating a potential trend reversal.
5. **Price Action**: The chart shows an uptrend with a recent peak followed by a bearish reversal signal. The EMA crossover and the "opposite trend trade" label suggest a high-risk sell setup against the prevailing uptrend.
6. **Risk-Reward Ratio**: The distance to the stop loss (20.878 points) compared to the take profit levels (5.326 to 30.563 points) presents a mixed risk-reward profile. Take Profit 1 offers a 1:1.5 ratio, while lower targets like Take Profit 4 result in a negative ratio, highlighting the high-risk nature of this trade.
### Conclusion
Enter a sell at 3,295.890, with a stop loss at 3,275.012 and take profit levels at 3,326.453, 3,315.522, 3,301.216, and 3,287.605. This is a high-risk trade due to the "opposite trend" strategy, so confirm the reversal with additional indicators and be prepared for potential continued upward momentum if the stop loss is hit.
BULL DIVERGENCE IN GOLD AT OVERSOLD ZONE IN LOW RSI LEVELAt lower price, bulls are buying with bulk quantity. We can see on the RSI indicator that the value is increasing. At the same time, the price of gold is decreasing. This suggests that the bulls are getting ready to come back at some level. That is why we are buying gold.
XAUUSD Setup Short Trade Opportunity Below ResistanceCurrent Price: 3,327.56 USD
Entry Point: 3,332.67 USD
Stop Loss: 3,342.45 USD
Take Profit Levels:
Target 1 (Downside): 3,294.45 USD (-1.17%)
Target 2 (Upside): 3,393.78 USD (+1.50%)
🔧 Technical Indicators & Tools
Trade Line: Upward sloping trendline connecting higher lows, supporting recent bullish structure.
Moving Averages:
Red: Short-term (likely 50-period EMA)
Blue: Long-term (likely 200-period EMA)
Price is still trading below the long-term MA, suggesting broader bearish pressure.
Resistance Zone: 3,334.96–3,341.30 — a key supply area marked in purple.
Support Zone: 3,294.45 — identified as a previous demand level.
⚖️ Risk-Reward Analysis
Short Setup:
Entry: 3,332.67
Stop Loss: 3,342.45 (Risk ~10 USD)
Target: 3,294.45 (Reward ~38 USD)
R:R Ratio ≈ 1:3.8, which is favorable for a short trade.
📌 Summary
Bias: Bearish intraday
Setup Type: Short-sell at resistance zone
Confirmation: Price rejection or bearish candle near 3,334–3,342 zone
Invalidation: Break and close above 3,351.06 (upper resistance)
Trading Analysis for Gold Spot / U.S. Dollar (15-Minute Chart)
Based on the provided 4-hour chart for Gold Spot / U.S. Dollar (XAU/USD), published by NaviPips on TradingView.com on June 24, 2025, at 19:14 UTC, here’s a suggested trading setup for a buy position:
Current Price and Trend: The current price is 3,300.955, reflecting a decline of -13.870 (-0.42%). The chart shows a recent downtrend with a potential support level forming near the current price.
Buy Entry : Enter a buy position at 3,300.955 (current price), as it aligns with a potential support zone where the price has stabilized. This level could serve as a base for a reversal or bounce.
Stop Loss: Place a stop loss at 3,293.294, below the recent low, to protect against further downside. This level is approximately 7.661 points below the entry, defining the risk.
Take Profit Levels:
Take Profit 1: 3,317.960, a conservative target about 17.005 points above the entry, aligning with a minor resistance zone.
Take Profit 2: 3,324.255, a mid-range target indicating a moderate upward move.
Take Profit 3: 3,344.000, a deeper target reflecting a stronger bullish reversal.
Price Action: The chart indicates a downtrend with a possible exhaustion near the current level, supported by the horizontal dashed line (potential support). A break above the recent consolidation could confirm the buy setup.
Risk-Reward Ratio: The distance to the stop loss (7.661 points) compared to the take profit levels (17.005 to 43.045 points) offers a favorable risk-reward ratio, particularly for Take Profit 3.
Conclusion
Enter a buy at 3,300.955, with a stop loss at 3,293.294 and take profit levels at 3,317.960, 3,324.255, and 3,344.000. Monitor the price action for confirmation of a reversal, and be cautious of potential continued bearish momentum given the recent trend.
Analysis of Gold Spot / U.S. Dollar (1-Minute Chart)
The provided chart for Gold Spot / U.S. Dollar (XAU/USD) on a 1-minute timeframe, published by NaviPips on TradingView.com on June 24, 2025, at 15:11 UTC, presents a short-term trading setup with the following insights:
Current Price and Trend: The current price is 3,322.030, with a slight increase of +0.410 (+0.01%). The chart shows a recent downward trend followed by a potential reversal or consolidation phase.
Entry Level: The entry point is not explicitly marked, but the chart suggests a buy opportunity near the current price level of 3,322.030, aligning with the recent low and a possible support zone.
Stop Loss: The stop loss is implied at 3,319.229, below the recent low, providing protection against further downside. This level is approximately 2.801 points below the current price, defining the risk.
Take Profit Levels (Green Lines):
Take Profit 1: 3,325.848, a conservative target about 3.818 points above the entry, aligning with a resistance zone.
Take Profit 2: 3,327.405, a mid-range target indicating a moderate upward move.
Take Profit 3: 3,329.317, a deeper target suggesting continued bullish momentum.
Take Profit 4: 3,330.000, a further target reflecting a stronger upward trend.
Take Profit 5: 3,332.290, the furthest target, indicating a significant short-term rally.
Price Action: The chart displays a descending pattern with a recent bounce from a low (around 15:00), followed by a projected upward move. The dotted line indicates a potential trendline break, supporting a bullish outlook.
Risk-Reward Ratio: The distance to the stop loss (2.801 points) compared to the take profit levels (3.818 to 10.260 points) offers a favorable risk-reward ratio, especially for higher targets.
Conclusion
This setup anticipates a bullish move from the current level of 3,322.030, with multiple take-profit levels marked by green lines and a stop loss at 3,319.229 to manage risk. Traders should confirm the entry with a breakout above the recent low and monitor for potential reversals given the short timeframe.
XAU/USD Double Bottom Breakout Bullish Momentum Incoming!🔄 XAU/USD Double Bottom Breakout 💥 | 🚀 Bullish Momentum Incoming!
Analysis:
🟡 Double Bottom Pattern: Two clear lows have formed around the $3,340 support, signaling a potential reversal.
🟦 Accumulation Zone: The price consolidated in a range, indicating strong buying interest before the breakout.
🟣 Bullish Momentum: Recent aggressive bullish candles show strong buying pressure.
📈 Breakout & Retest Zone: If the price holds above $3,370, a bullish continuation toward $3,409 and possibly $3,445 is expected.
🧭 Target Area: Marked with a blue box, the upside potential is clearly projected.
Conclusion:
A successful retest of the breakout level may lead to a strong bullish run. Keep an eye on $3,370 as the pivot zone. 🎯
Gold XAU/USD Bullish Reversal Setup – Targeting $3,454.65Price: $3,384.41
Strategy: Buy/Long
🟦 Key Levels:
Entry Zone: Around $3,345.76
This level aligns with a previously tested support zone marked in purple.
Stop Loss: $3,331.56
Below the support zone, providing downside protection if the setup fails.
Target (TP): $3,454.65
Marked as EA TARGET POINT, suggesting a potential upside of 3.16% (~$105.83 gain).
📊 Technical Indicators:
Moving Averages:
200 EMA (blue): Near the entry level, adds strength to the support zone.
50 EMA (red): Recently crossed below price, indicating early bullish momentum.
Price Action:
Sharp bounce from support suggests buying interest.
Potential inverse head and shoulders pattern forming, which is a bullish reversal pattern.
🧠 Trade Idea:
Buy near $3,345.76,
Stop Loss at $3,331.56,
Take Profit at $3,454.65
Risk/Reward Ratio ≈ 1:3.3 — favorable setup for long positions.
Analysis of Gold Spot / U.S. Dollar (XAU/USD) 15-Minute Chart
Historical Trend: The chart displays the price movement of Gold Spot / U.S. Dollar (XAU/USD) on a 15-minute timeframe from June 21 to June 24, 2025. The price followed a downtrend, defined by a descending trendline, after peaking around $3,367.574, with a recent decline toward $3,367.255 as of 16:04 UTC on June 23.
Key Levels:
Stock Loss: Set at $3,360.820 (red line), indicating the upper limit to exit a short position if the price reverses upward.
Entry: Positioned at $3,367.574 (gray line), marking the entry point for a potential short trade near the trendline.
Target 1: $3,375.557 (green line), the first profit-taking level above the entry.
Target 2: $3,388.090 (green line), the second profit-taking level for a larger gain.
Support: The $3,390.915 level (green line) acts as a potential support zone if the downtrend continues.
Recent Price Action: The price approached the downtrend line and showed a rejection, forming a potential shorting opportunity (highlighted with a yellow circle). The price is currently testing the $3,367.255 level, suggesting continued bearish momentum after breaking below the entry zone.
Projected Movement: The downward projection suggests the price could decline toward the $3,360.820 stop loss level if the bearish trend persists. A break below this could lead to further drops, while a bounce might target the $3,375.557 or $3,388.090 resistance levels.
Volume and Indicators: The chart includes Bollinger Bands (O3,367.260 H3,367.810 L3,366.747 C3,367.255) with a -0.040 (-0.00%) change, indicating low volatility. The trendline break suggests selling pressure, though specific volume data is not detailed.
Outlook: The chart outlines a shorting strategy with a clear entry and stop loss. The price is in a bearish phase, with potential targets at $3,375.557 and $3,388.090 if the downtrend continues. Monitor for a break above $3,360.820 to reassess the trade, as it would signal a bullish reversal.
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.
Analysis of Gold Spot / U.S. Dollar (XAU/USD) 15-Minute Chart
Historical Trend: The chart displays the Gold Spot / U.S. Dollar (XAU/USD) price movement on a 15-minute timeframe from June 19 to June 22, 2025. The price was in a clear downtrend, defined by a descending trendline, until a recent shift.
Key Levels:
Resistance: The $3,395.724 level (green line) has emerged as a significant resistance following the breakout. A break above this could confirm further upside.
Support: The $3,350.743 level (red line) acted as a major support during the downtrend and was recently breached upward.
Recent Price Action: The price broke above the downtrend line (highlighted with a yellow circle and labeled "TREND LINE BREAKOUT" in red), indicating a potential reversal. This breakout occurred around 12:00 on June 21, followed by a sharp upward move into a consolidation zone (light green).
Projected Movement: The upward projection (blue arrow) suggests the price could target levels around $3,380.00-$3,400.00 if the breakout momentum continues. The consolidation above $3,350.743 supports the bullish outlook.
Volume and Indicators: The chart includes Bollinger Bands (O3,368.320 H3,369.500 L3,367.660 C3,368.750) with a -0.360 (-0.01%) change, indicating low volatility. The breakout suggests increasing buying interest, though specific volume data is not detailed.
Outlook: The trend line breakout signals a potential shift from bearish to bullish momentum. Maintaining above $3,350.743 is crucial for the uptrend to continue. A failure to hold this level could see the price retest the downtrend line or lower supports. Monitor for confirmation of sustained momentum above resistance.
XAU/USD Bullish Breakout from Flag PatternBullish Flag Formation: The price consolidated in a downward-sloping flag after a sharp bullish move. A breakout has occurred, signaling renewed buying pressure.
Support Zone: The breakout aligns with the horizontal support area around 3,392, reinforcing the bullish bias.
Upside Targets: Based on price structure and measured move projection:
First target: 3,435 – 3,452
Final target zone: 3,500+
Momentum Confirmation: The Ichimoku cloud supports bullish continuation as price trades above it, showing strong upward momentum.
Conclusion:
Gold appears to be resuming its uptrend after a brief consolidation. As long as price holds above the breakout level (around 3,392), the bullish targets remain valid. Ideal scenario for continuation traders looking for entries on minor pullbacks
XAUUSD Potential long setup before big drop ?Gold is currently showing signs of a potential bullish reversal after a prolonged pullback within the Keltner Channel. Price is consolidating near the lower boundary of the 1H channel, indicating possible accumulation. The Heikin Ashi candles are flattening, and momentum appears to be stabilizing.
📍 Entry Zone: Near 3,369
🎯 TP1: 3,391 – aligned with mid-Keltner resistance and recent structure
🎯 TP2: 3,415 – upper Keltner band, offering a strong confluence zone
🛡️ Stop Loss: Below 3,357 – under recent support and Keltner lower band
GOLD/USD Bearish Rejection at ResistanceGOLD/USD Bearish Rejection at Resistance 📉🟥
🔍 Technical Analysis Overview:
The GOLD/USD chart shows a clear bearish rejection pattern forming near the resistance zone around $3,450, marked with red arrows. After price tested this level twice, strong selling pressure appeared, resulting in a sharp decline.
📌 Key Observations:
🔴 Resistance Zone:
Price was rejected from the resistance area around $3,450 twice, indicating strong seller presence.
Double top-like behavior seen with lower highs confirming weakening bullish momentum.
🟠 Support Zone:
A well-respected support level near $3,250 has been identified based on past reaction (highlighted with orange circles).
Price previously bounced twice from this zone, validating it as a strong support level.
🎯 Target Level:
A near-term target of $3,305.586 is marked, which aligns with previous reaction zones and short-term structure support.
If momentum continues, a deeper push toward $3,250 support is probable.
📉 Bearish Bias Justified By:
Clear rejection from resistance
Lower high formation
Current consolidation with downward bias
Possible breakout to downside if $3,305 fails to hold
⚠️ Risk Note:
If price retraces and breaks back above $3,400 with volume, the bearish setup will be invalidated.
📊 Conclusion:
The chart favors bearish continuation with a primary target around $3,305, and extended downside to $3,250 if bearish pressure sustains. Traders should watch for bearish confirmation patterns below current price before engaging.
🔽 Resistance: $3,450
🔼 Support: $3,250
🎯 Target: $3,305
BUY 3375 , sideway H1, gold price accumulatesPlan XAU day: 18 June 2025
Related Information:!!!
Heading into the key central bank event risk, the disappointing US macro data released on Tuesday pointed to a softening economy and reaffirmed bets that the Fed will lower borrowing costs in September. This keeps a lid on the overnight US Dollar rally to the weekly peak.
The US Census Bureau reported that Retail Sales declined by 0.9% in May, compared to a 0.7% contraction expected and a 0.1% dip in April. Moreover, US Industrial Production fell short of estimates and contracted by 0.2% in May, following a revised 0.1% increase the previous month
personal opinion:!!!
sideways fluctuation in the price range of 3370 - 3395, gold price waiting for the result of keeping interest rates unchanged and continuing to accumulate around 3400
Important price zone to consider : !!!
Buy point: 3375 , 3338
Sustainable trading to beat the market
Gold on the Rise! – Bullish Setup in Focus The chart shows a repeating consolidation‑then‑breakout pattern, with Gold forming ascending swing structures, consolidating in rectangles (green), then riding higher along a rising trendline (purple). Price has just bounced off that trendline again, signaling a possible new leg up—potentially targeting the upper range near $3,448–3,450. A clear breakout above that level could open the door toward $3,500+.
📍 Trading Plan
🎯 Entry
Long on breakout above recent consolidation highs (~$3,440–3,448).
Alternatively, buy the dip near the purple trendline (~$3,385–3,390), with confirmation (hammer candle, bounce).
🛑 Stop‑Loss
For breakout: just below the top of the rectangle consolidation (~$3,389).
For trendline entry: slightly below recent swing low (~$3,358–3,360).
🎯 Profit Targets
Primary: upper rectangle level (~$3,448–3,450).
Extension: historic all‑time high region (~$3,500) → next major zone.
🎥 Path
Potential minor pullback toward trendline.
Bounce establishes support.
Surge toward top of range.
Breakout with trend continuation to new highs.
📊 Trade Risk & Reward
Target ~60–100 pts above entry, stop ~50 pts below → ideal Risk:Reward ≥ 1:1.2.
📌 Key Levels to Monitor
Level Role
$3,360 Swift dip support (green base line)
$3,390–3,400 Trendline confluence zone
$3,440–3,450 Breakout area & top of rectangle
$3,500 Next major resistance/all‑time high
🧭 Market Context & Drivers
Broad uptrend remains intact amid geopolitical tensions, especially the Israel–Iran situation, which continues to support safe-haven flows
investing.com
+15
reuters.com
+15
barrons.com
+15
forex24.pro
+1
goldpredictors.com
+1
.
Markets are positioning ahead of Fed’s June 18 decision; dovish signals could fuel continuation toward new highs (~$3,500+)
fxempire.com
.
Technical structure reflects bullish momentum—ascending wedge patterns with shallow dips and strong trendline bounces
fxstreet.com
.
✅ Summary
Bias: Bullish – uptrend intact.
Strategy: Go long on dip near trendline or on breakout above $3,445.
Stop‑Loss: Just below last swing low ($3,360).
Targets:
Near-term: $3,448–3,450
Medium-term: $3,500+
Stay tuned for Fed statements and Middle East headlines—they’ll be catalysts.
GOLD/USD Bearish Rejection at Resistance ZoneGOLD/USD Bearish Rejection at Resistance Zone 📉🟥
📊 Technical Overview:
The chart for GOLD/USD shows a clear price action behavior between a well-defined resistance zone (~3,480–3,510) and a support zone (~3,260–3,280).
🔻 Bearish Signals:
The price has tested the resistance zone multiple times (highlighted with red arrows and orange circles) but failed to break above it, indicating strong selling pressure.
The current price action suggests another lower high formation, which is a bearish signal 📉.
Recent candles are rejecting the upward move, pointing to potential downside movement.
🟩 Support Confirmation:
Previous reactions from the support zone (green arrows) show that buyers have consistently stepped in near the 3,260–3,280 range.
This level remains a key demand zone where a bounce might be expected.
🔁 Outlook:
If the price continues to reject the resistance and follows the pattern, we might see another drop towards the support area.
A break below the support zone would confirm a bearish breakout and could open the door to deeper downside targets.
📌 Conclusion:
GOLD/USD is trading within a range, but the repeated failures at resistance suggest bearish momentum might take control in the short term. A move back toward the support zone is likely unless a breakout above resistance occurs.
📉 Resistance: 3,480–3,510
🟩 Support: 3,260–3,280
🔍 Bias: Short-term Bearish unless resistance breaks
XAU/USD Bullish Continuation SetupThe chart illustrates a bullish market structure for XAU/USD, with price action currently trending upwards. Key technical observations:
Support Zone:
Price has recently bounced from a support zone around 3,399.710, indicating strong buying interest.
Bullish Projection:
A bullish continuation is expected. The chart outlines a potential scenario with a minor retracement towards 3,432.835 or 3,399.710, followed by a strong upward move.
Targets:
Immediate resistance is around 3,502.669.
If broken, price may aim for 3,550.351.
Final projected target lies near 3,680.000, which aligns with a historical supply zone.
Indicators:
The green enveloping bands suggest increasing volatility, with the price respecting the upper band, supporting bullish momentum.
Conclusion:
XAU/USD appears poised for a bullish breakout continuation. A potential pullback could offer a buy opportunity, targeting higher resistance zones as long as the structure remains intact.
GOLD SPOT (XAU/USD) 4H Analysis – Bullish Momentum Breakout🔔 GOLD SPOT (XAU/USD) 4H Analysis – Bullish Momentum Breakout 💥📈
📊 Overview:
Gold has confirmed a strong bullish breakout from the consolidation zone, driven by sustained support and recent upward pressure. After rebounding from the MAIN SUPPORT zone around $3,200, price action has surged and successfully touched the 1st Take Profit (TP1) zone at $3,429.
🔍 Key Levels:
🟩 Main Support: $3,200 zone — held firm and acted as a launchpad for the bullish reversal.
📌 1st TP (Touched): $3,429 — resistance level has been tested and price is currently hovering near it.
🎯 Next Target (TP2): $3,504 — price is expected to approach this zone as bullish momentum continues.
📈 Technical Outlook:
Price structure shows a clear higher low formation followed by a strong impulse breakout.
Current momentum suggests bulls are in control, with volume and volatility increasing on the upward leg.
As long as the price remains above the $3,366 short-term support, the bias remains bullish.
🛑 Risk Note:
Watch for possible rejection near TP2.
A failure to hold above $3,366 may trigger a pullback to retest lower zones.
✅ Conclusion:
The bullish continuation scenario remains valid with potential to hit the $3,504 mark. Traders may look for long opportunities on pullbacks while maintaining tight risk management. 🔐📊