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Bearish Continuation Pattern Detected on GOLD/USD Bearish Continuation Pattern Detected on GOLD/USD 📉 📊 Chart Analysis Summary: The GOLD/USD chart shows a clear bearish continuation pattern, following a rejection from a major resistance zone. 🔍 Key Technical Highlights: 🔺 Resistance Zone: Strong resistance at 3,420 – 3,440 USD, marked by multiple rejections (🔴 red arrows). Price formed a Bearish Harmonic Pattern (likely a Gartley or Bat), suggesting reversal from this resistance. 🔻 Bearish Momentum: After the pattern completed, price broke below the minor support structure and is currently forming lower highs and lower lows, indicating bearish structure. 📉 Support Level: Strong horizontal support zone around 3,298 – 3,300 USD, marked as “TARGET.” This area was previously tested (🟠 orange circles) and now projected to act as a target level again. 🔄 Minor Retracement Zone: Expecting a minor pullback to 3,347 USD (purple line) before potential continuation downward. This zone aligns with the previous support turned resistance (classic SR flip). 🎯 Target Projection: Based on the bearish impulse and measured move, the projected target is around 3,298.758 USD, which coincides with the previous support zone. 📌 Conclusion: The price action suggests a high-probability bearish continuation, targeting the 3,298 USD zone unless the price breaks and holds above 3,347 USD. Traders may consider selling on rallies with a confirmation of rejection at resistance. 📉 Bias: Bearish 📍 Invalidation: Break and daily close above 3,347 USD
TVC:GOLDShort
by MrStellanSight
Analysis of Gold Spot / U.S. Dollar (15-Minute Chart)The provided chart for Gold Spot / U.S. Dollar (XAU/USD) on a 15-minute timeframe, published by NaviPips on TradingView.com on June 24, 2025, at 09:19 UTC, outlines a trading setup with the following insights: Current Price and Trend: The current price is 3,353.510, with a slight decline of -0.425 (-0.01%). The chart shows a recent peak followed by a downward correction, suggesting a potential short-term bearish move. Entry Level: The entry point is set at 3,358.290, slightly above the current price, indicating a buy opportunity if the price stabilizes or retraces to this level. This aligns with a support zone near the recent low. Stop Loss: A stop loss is placed at 3,370.362, above the recent high, offering protection against an upward breakout. This level is approximately 12.072 points above the entry, defining the risk. Take Profit Levels: Take Profit 1: 3,344.209, a conservative target about 14.081 points below the entry, aligning with a support level. Take Profit 2: 3,335.002, a deeper target indicating further downside momentum. Take Profit 3: 3,332.879, the furthest target, suggesting a significant short-term decline if the trend continues. Price Action: The chart reflects a recent consolidation phase after a peak, with a clear downward move initiating. The setup anticipates continued bearish momentum from the entry level. Risk-Reward Ratio: The distance to the stop loss (12.072 points) compared to the targets (14.081 to 25.411 points) offers a favorable risk-reward ratio, making this a potentially viable short-term trade. Conclusion This setup targets a bearish move from the entry level of 3,358.290 , with defined take-profit levels and a stop loss to manage risk. Traders should watch for confirmation at the entry level and be prepared for potential reversals given the short timeframe and minor price change.
OANDA:XAUUSDShort
by NaviPips
1
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. 🎯
OANDA:XAUUSDLong
by ZareeFxTradingAac
Analysis of Gold Spot / U.S. Dollar (4-Hour Chart) The provided chart for Gold Spot / U.S. Dollar (XAU/USD) on a 4-hour timeframe, published by NaviPips on TradingView.com on June 23, 2025, at 21:50 UTC, offers a technical trading setup with the following key observations: Current Price and Trend: The price is currently at 3,390.980, showing a slight decline of -0.495 (-0.91%) as per the latest data. The chart indicates a recent downward movement following a peak, suggesting a potential reversal or correction phase. Entry Level: The suggested entry point is set at 3,391.103, slightly above the current price, indicating a buy opportunity if the price breaks or retests this level. This aligns with the recent price action near the resistance zone. Stop Loss: A stop loss is placed at 3,440.000, providing a buffer above the recent high to protect against an upward breakout or false signal. This level is approximately 48.897 points above the entry, representing the maximum risk. Target Levels: Target 1: 3,360.000, a conservative first target approximately 31.103 points below the entry, aligning with a support zone. Target 2: 3,298.316, a deeper target indicating a potential continuation of the downward trend. Target 3: 3,250.000, the furthest target, suggesting a significant move if the momentum sustains. Price Action and Pattern: The chart highlights a potential descending pattern (labeled 1 to 5), with a notable drop from a peak (2) to a lower level (3), followed by a retest (4) and a projected decline to (5). This could indicate a bearish continuation or a corrective wave. Risk-Reward Ratio: The distance to the stop loss (48.897 points) compared to the targets (e.g., 31.103 to 141.103 points) suggests a favorable risk-reward ratio, especially for Target 3, making this a potentially attractive trade setup. Conclusion This setup anticipates a bearish move from the entry level of 3,391.103, with defined targets and a stop loss to manage risk. Traders should monitor the price action around the entry level for confirmation and be cautious of any unexpected bullish reversal given the recent volatility.
OANDA:XAUUSDShort
by NaviPips
Insightful Dive into Gold Spot / U.S. Dollar (XAU/USD) 15-MinuteHistorical Flow: The chart tracks the Gold Spot / U.S. Dollar (XAU/USD) price action on a 15-minute timeframe from June 22 to June 24, 2025. The price climbed steadily until around 21:00 on June 23, followed by a noticeable drop, suggesting a potential shift from an upward trend to a corrective phase along a descending trendline. Key Levels: Stop Loss: Positioned at $3,382.374 (red line), serving as the upper threshold to exit a short position if the price reverses. Entry: Marked at $3,370.510 (gray line), indicating the optimal entry point for a short trade near the trendline break. Target 1: Set at $3,365.880 (green line), the initial profit-taking level below the entry. Target 2: Aimed at $3,346.664 (green line), offering a deeper profit zone. Target 3: Projected at $3,335.066 (green line), the furthest target for the short trade. Support: The $3,321.57 level (green line) acts as a potential support if the downward move continues. Recent Price Action: The price reached a high near $3,382.374 and then breached the downtrend line (highlighted with a yellow circle), signaling a shorting opportunity. As of 18:27 UTC on June 23 (11:57 PM IST, June 23, 2025), it has declined to $3,360.330, reflecting sustained bearish momentum. Projected Movement: The downward trajectory suggests a potential drop to Target 1 at $3,365.880, with possibilities of reaching Target 2 at $3,346.664 and Target 3 at $3,335.066 if the bearish trend holds. A move above $3,382.374 could indicate a bullish reversal. Volume and Indicators: The chart features Bollinger Bands (O3,360.030 H3,363.990 L3,359.245 C3,360.330) with a -0.240 (-0.01%) change, pointing to low volatility. The trendline break hints at increased selling pressure, though specific volume data is unavailable. Outlook: This chart supports a shorting strategy with a defined entry and stop loss. The price is currently in a bearish phase following the trendline break, with targets at $3,365.880, $3,346.664, and $3,335.066. Watch for a break above $3,382.374, which could signal a shift to a bullish trend.
OANDA:XAUUSDShort
by NaviPips
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.
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
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.
OANDA:XAUUSDLong
by NaviPips
Analysis of Gold Spot / U.S. Dollar (XAU/USD) 15-Minute ChartHistorical Trend: The chart displays the Gold Spot / U.S. Dollar (XAU/USD) price movement on a 15-minute timeframe from June 22 to June 23, 2025. The price experienced a sharp decline from a peak around $3,369.447, followed by a potential reversal pattern. Key Levels: Stop Loss: Set at $3,369.447 (red line), indicating the upper limit to exit a short position if the price reverses upward. Entry: Positioned at $3,362.463 (gray line), marking the entry point for a potential short trade after the peak. Target 1: $3,353.009 (green line), the first profit-taking level. Target 2: $3,340.915 (green line), the second profit-taking level. Target 3: $3,323.157 (green line), the final target for the short trade. Recent Price Action: The price peaked near $3,369.447 and began a downward move, forming a potential shorting opportunity (labeled 1-5). The chart suggests a bearish pattern with the price breaking below a support level, followed by a retest (2) and continuation downward (3, 4). The current position (5) indicates the price is approaching Target 1. Projected Movement: The downward projection suggests the price could reach Target 1 at $3,353.009, with potential to hit Target 2 at $3,340.915 and Target 3 at $3,323.157 if the bearish momentum persists. A break above $3,369.447 would invalidate the short setup. Volume and Indicators: The chart includes Bollinger Bands (O3,362.860 H3,363.070 L3,361.747 C3,362.295) with a -0.615 (-0.02%) change, indicating low volatility. The pattern suggests a momentum shift, though specific volume data is not detailed. Outlook: The chart outlines a shorting strategy with clear entry and exit levels. The price is currently in a bearish phase, with potential targets at $3,353.009, $3,340.915, and $3,323.157. Monitor for a break above $3,369.447 to reassess the trade, as it would signal a bullish reversal.
OANDA:XAUUSDShort
by NaviPips
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 Weekly Analysis For June - 23 - June 27 ~~ Fundamental Analysis ~~ Key Drivers Geopolitical Tensions: Escalating conflicts in the Middle East (e.g., Israel-Iran) continue to drive safe-haven demand for gold. However, recent U.S. delays in decisions regarding Iran conflict involvement have led to investor hesitation, contributing to the current narrow trading range. Federal Reserve Policy: The Fed maintained interest rates at 4.25%–4.5% on June 12, 2025, with no immediate rate cuts signaled. Fed Chairman Jerome Powell noted that tariffs could increase inflation, potentially capping gold’s upside in the short term. A hawkish Fed stance could pressure gold prices, while global policy easing could support bullish momentum. U.S. Dollar Strength: A recovering U.S. dollar has exerted downward pressure on gold, as seen in recent pullbacks from highs above $3,450. Economic Data: Upcoming U.S. labor market data (e.g., May data) and inflation reports (e.g., core PCE price index) could influence gold prices. Rising inflation expectations may drive XAU/USD toward higher prices. China’s Economy: A weakening Chinese economy due to U.S.-China trade tensions could reduce gold demand, while a recovery could bolster prices. Long-Term Outlook Bullish Case: Continued global policy easing, escalating geopolitical conflicts, or a recovering Chinese economy could push gold toward $3,500 or higher in 2025, supported by safe-haven flows. Bearish Case: Easing geopolitical tensions, persistent inflation, or a hawkish Fed could lead to declines toward $3,000 Refer Chart for your reference -- Disclaimer -- This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading. #Boost and comment will be highly appreciated
OANDA:XAUUSD
by renderwithme
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.
OANDA:XAUUSDLong
by NaviPips
1
Sell Area for Short Position on XAU/USD Based on Trading AnalysiBased on the trading analysis chart published by NaviPips on TradingView.com on June 20, 2025, at 23:09 UTC+5:30, here’s a recommendation for a sell area to take a short position on XAU/USD (Gold Spot / U.S. Dollar) as of 11:17 PM IST on June 20, 2025. The chart provides a 4-hour timeframe with key support and resistance levels, aligned with recent price action and technical patterns. Context and Technical Analysis Current Price: The chart shows XAU/USD with an open of $3,371.525, a high of $3,371.790, a low of $3,368.065, and a close of $3,369.115, reflecting a slight decline of -0.07% for the period. This suggests a consolidation phase near the current level of approximately $3,369–$3,371. Resistance Zone: A significant resistance zone is identified between $3,425.000 and $3,457.047, marked by a red shaded area where price has previously faced rejection. This aligns with a potential triple top formation, indicating strong selling pressure at these levels. Support Zones: Multiple support levels are outlined: Support 1: $3,250.000–$3,275.000, a key area where price may find initial buying interest. Support 2: $3,150.000–$3,169.121, a deeper support zone if the decline accelerates. Support 3: $3,100.000, a psychological and technical level for a potential bottom. Trend and Pattern: The chart features a descending triangle pattern, with a downward-sloping trendline connecting recent highs (e.g., around $3,425) and a horizontal support near $3,250–$3,275. A break below this support could confirm a bearish move. Volume and Momentum: The chart includes volume bars and a momentum indicator (not fully detailed), but the price rejection at higher levels suggests fading bullish momentum, supporting a short opportunity. Sell Area for Short Position The optimal sell area for a short position on XAU/USD is in the $3,425–$3,457 resistance zone. This recommendation is based on: Resistance Confirmation: The red shaded area on the chart indicates a strong resistance where XAU/USD has repeatedly failed to break through, forming a triple top. A retest of this zone (e.g., after a bounce from current levels) offers a high-probability entry for a short. Trendline Rejection: The descending trendline intersecting near $3,425 suggests that a rejection here would reinforce bearish momentum. Current Price Context: With XAU/USD currently at $3,369–$3,371, a move back toward $3,425–$3,457 (potentially driven by short-term profit-taking or a weaker dollar pause) would align with the chart’s resistance setup. Trading Strategy Entry Zone: Sell XAU/USD on a 4-hour candle close below $3,425 or after a clear rejection (e.g., a bearish candlestick pattern) at $3,435–$3,457. This confirms resistance holding and initiates the downward move. Target Levels: Target 1: $3,250–$3,275 (first support zone, as marked on the chart). Target 2: $3,150–$3,169 (secondary support for a deeper correction). Target 3: $3,100 (final support if bearish momentum strengthens). Stop Loss: Place above $3,460 (just above the resistance high) or $3,470 (tighter risk management) to protect against a breakout above the triangle. Risk Management: Use a risk-reward ratio of at least 1:2. For example, risking 15–25 pips ($3,435–$3,460 stop loss) to target 50–75 pips ($3,250–$3,275). Adjust lot size based on your risk tolerance (e.g., 1% of account per trade). Confirmation: Wait for a 4-hour candle close below $3,425 or a rejection signal (e.g., shooting star or bearish engulfing) at $3,435–$3,457 to avoid false breakouts. Monitor volume for increased selling pressure. Rationale Powell’s Speech Impact: Following Jerome Powell’s June 18, 2025, speech, where he projected only two 0.25% rate cuts for 2025 with a data-dependent stance, the U.S. dollar may remain supported, pressuring gold downward from resistance levels like $3,425–$3,457. Technical Setup: The descending triangle and triple top at $3,425–$3,457 indicate a high likelihood of a reversal, with support targets at $3,250–$3,275 aligning with the chart’s levels. Market Context: The slight decline to $3,369 and consolidation suggest a pause before a potential retest of resistance, offering a strategic short entry. Risks and Considerations Breakout Risk: A strong bullish candle above $3,457 could invalidate the short setup, potentially targeting higher levels. Tight stop losses are critical. Geopolitical Factors: Ongoing Middle East tensions could drive safe-haven buying, pushing XAU/USD above resistance. Monitor news for sudden spikes. Data Events: Upcoming U.S. economic data (e.g., retail sales) could influence dollar strength and gold prices, requiring real-time adjustments. Conclusion The recommended sell area for a short position on XAU/USD on June 20, 2025, is $3,425–$3,457, with a 4-hour candle close below $3,425 or rejection at $3,435–$3,457 as confirmation. Target $3,250–$3,275, $3,150–$3,169, and $3,100, with a stop loss above $3,460. This strategy leverages the chart’s resistance zone and Powell’s cautious rate cut outlook. Practice proper risk management due to gold’s volatility. If you’d like a chart to visualize these levels further or additional analysis, let me know!
OANDA:XAUUSDShort
by NaviPips
GOLD/USD Support Retest & Breakdown SetupGOLD/USD Support Retest & Breakdown Setup 📉🔍 🔹 Overview: The chart indicates a potential bearish continuation pattern on GOLD/USD as the price is approaching a key support level at 3,335.305. Previous price action shows multiple rejections from the resistance zone (~3,435), followed by lower highs – a sign of weakening bullish momentum. 📊 Technical Analysis: 🔺 Resistance Zone (~3,435) Multiple rejections (🔴 red arrows) indicate strong supply pressure. Price has failed to break above this area thrice, forming a clear ceiling. 🔻 Support Zone (~3,335) Marked as the target for a short setup. Price is testing this level again after forming a minor consolidation below lower highs. A clean break below this purple zone may trigger a continuation to the downside, targeting the broader support range below (~3,240). 🟠 Bearish Structure: Series of lower highs (highlighted with circles). Breakdown pattern is developing with declining bullish momentum. 📈 Potential Play: A confirmed breakdown below 3,335 could lead to a drop toward the next major support. If support holds, short-term bounce is possible but limited by the dominant resistance. 📌 Conclusion: GOLD/USD is currently in a bearish setup, with the market eyeing a potential breakdown below a critical support zone. If this level fails to hold, we could see accelerated bearish momentum toward the lower support range. 💡 Caution: Wait for a confirmed close below support before entering any short trades.
TVC:GOLD
by MrStellanSight
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
TVC:GOLDShort
by MrStellanSight
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.
OANDA:XAUUSDLong
by KingProTrader
2
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
TVC:GOLDLong
by MrStellanSight
1
GOLD/USD – Bullish Reversal Pattern ForminGOLD/USD – Bullish Reversal Pattern Forming 🟢📈 📊 Chart Analysis: The chart shows a strong Inverse Head and Shoulders pattern forming, which is a classic bullish reversal signal: 🔹 Left Shoulder and Right Shoulder – Marked with orange circles, both found support near the 3,263 level (purple line), suggesting strong buying interest at this zone. 🔹 Head – The lowest point in between the shoulders, also bouncing from support. 🔹 Resistance Zone – Marked with red arrows around 3,500–3,520. This zone has rejected price action multiple times in the past. 🔹 Support Zone – Marked below 3,200, where previous consolidation and buying took place. 📈 Projected Move: The neckline breakout suggests a potential move toward the 3,520+ level. A minor pullback is expected before continuation. If price breaks above resistance, we could see a strong bullish rally. 📌 Key Levels: Support: 3,263 🟩 Resistance: 3,500–3,520 🟥 Potential Target After Breakout: 3,550+ 🎯 ✅ Bias: Bullish above 3,263 support ⚠️ Invalidation: A break below the neckline would cancel the bullish setup
TVC:GOLDLong
by MrStellanSight
GOLD: Further levels using Elliott Wave TheoryWe successfully forecasted the path of gold in our post on May 12th. Now, GOLD is looking like it's entering an impulse wave. Wave (1) of this impulse was completed on 23rd May. The price then falls between the zone 38.2% and 50% to form wave (2). This was also predicted by us. Currently, GOLD is in wave (3). Now, to get the targets of wave (3), we have two possibilities. 1. Wave (3) goes to 100% and then reverses. This case is of the Terminal impulse. And the further path of GOLD can be predicted later. 2. Wave (3) goes to 161.8% (minimum). This is the case of Trending or normal impulse. And further path of GOLD can be predicted accordingly. For now, GOLD is looking like going to touch at least the 100% (3490.81) level. This analysis is based on Elliott Wave theory and Fibonacci. This analysis is for educational purposes only. This is not any buying recommendations.
OANDA:XAUUSD
by theprofityogi
4
GOLD PRICES STEADY AHEAD OF US CPI & TRADE TALKSSymbol - XAUUSD CMP - 3324 Gold is currently testing the liquidity zone during the Asian trading session, exhibiting signs of a potential false breakout. While the metal is showing signs of recovery, the broader fundamental backdrop remains uncertain. As of Monday, gold is trading steadily around the 3300 level, supported by a weaker US dollar and cautious sentiment among market participants ahead of upcoming US-China discussions and the release of US Consumer Price Index (CPI) data scheduled for Wednesday. Robust Non-Farm Payroll (NFP) figures for May have strengthened the dollar and diminished expectations for a near term FED rate cut. Nonetheless, ongoing domestic challenges in the US are exerting downward pressure on the currency. Investors are repositioning ahead of the CPI release. From a technical standpoint, the trend remains bullish. Although the price previously breached structural support, it has rebounded during the Asian session following a false breakdown of both the order block and the 3300 liquidity zone. Price action in the near term will be influenced by the 3300–3335 range. Resistance levels: 3325, 3343, 3375 Support levels: 3303, 3275 Gold appears to be approaching the 3325–3335 zone for a potential retest. Should the dollar continue to weaken and gold sustain a move above the 3340 level, the bullish momentum may persist. However, caution is warranted-a false breakout within the 3325–3335 area could signal a breakdown of the bullish structure and result in a renewed downward move.
OANDA:XAUUSDShort
by akshit_official
1
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. 🔐📊
OANDA:XAUUSDLong
by VikingFx-Community
GOLD/USD Bullish Breakout Confirmation GOLD/USD Bullish Breakout Confirmation 🚀📈 📊 Technical Analysis Overview: The chart illustrates a bullish breakout above a well-defined resistance zone around $3,390–$3,400. Price action has decisively closed above this resistance, suggesting strong bullish momentum. 🔍 Key Observations: 🟦 Support Zone: Marked clearly between $3,250–$3,280, this level has held firm multiple times (highlighted with green arrows and orange circles), confirming buyer interest and market structure. 🟦 Resistance Turned Support: The previous resistance zone around $3,390–$3,400 has now potentially turned into a new support. Price retesting this zone and holding would further validate the breakout. 📈 Future Projections: The chart anticipates a retest-pullback-continuation scenario: Pullback to new support 📉 Bullish continuation toward $3,460+ 🎯 if support holds. ✅ Bias: Bullish as long as price remains above the $3,390 zone. Break and hold below would invalidate the bullish setup. 📌 Strategy Tip: Look for confirmation on the lower timeframes (e.g., bullish engulfing or pin bar) on the retest before entering long.
TVC:GOLDLong
by MrStellanSight
1
GOLD PRICE ACTION ANALYSIS – June 11, 2025 GOLD PRICE ACTION ANALYSIS – June 11, 2025 🟡 Technical Breakdown & Bearish Scenario Ahead ⚠️📉 🔍 Overview: The chart presents a clear range-bound structure with strong horizontal resistance around the $3,400–$3,420 zone and support around the $3,120–$3,160 level. Price is currently trading near the upper range of the consolidation. 📊 Key Technical Levels: 🔴 Resistance Zone: $3,400 – $3,420 ➤ Price has been rejected here multiple times (highlighted by red arrows and orange circles), showing strong supply pressure. 🟣 Intermediate Support: $3,260.618 ➤ This level acted as a minor support and could be tested again if the current pullback deepens. 🟤 Major Support Zone: $3,120 – $3,160 ➤ A key demand area where price previously bounced significantly. 📉 Bearish Setup: A potential lower high is forming just below the resistance zone. The projected path suggests a minor pullback to form a bearish retest, followed by a potential breakdown below $3,260. If the $3,260 support is broken decisively, further downside toward the $3,120–$3,160 support is likely (blue arrow projection). 🔄 Bullish Scenario (Invalidation): A breakout and strong close above $3,420 could invalidate the bearish structure. In that case, price might attempt to target higher resistance levels beyond $3,440. 📌 Conclusion: Gold remains in a range with a bearish bias unless the $3,420 resistance is breached. 🔽 Watch for confirmation below $3,260 for bearish continuation. ✅ For bulls, wait for a strong breakout above resistance with volume.
TVC:GOLDShort
by MrStellanSight