Target achieved on goldAs I discussed in my last analysis, I have predicted that gold will move in my direction. I am now expecting gold show further growth.
GOLD trade ideas
XAUUSD – Uptrend, waiting for pullback to enterGold is moving within an ascending channel on the 3-hour timeframe. After touching the resistance zone at 3,445–3,460, XAUUSD shows signs of consolidation and is likely to correct down to the support zone at 3,390–3,400 — aligning with the trendline and EMA34.
Strategy:
Watch for buying opportunities around the 3,390–3,400 zone when there are confirmation signals.
Target: 3,445–3,460, and potentially up to the 3,480–3,500 zone.
Stop loss if price falls below EMA89 (3,352).
Supporting news:
U.S. CPI data for May came in lower than expected (0.0% vs 0.1%) → Raises expectations of an earlier Fed rate cut → Supports the gold uptrend.
Gold booked 80 points profit alao holding buy 3422,new ATH comeHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Gold 4 hour Elliot Wave AnalysisThe current state of the market shows that we are in Wave 3. This is currently at 1.618 of Wave 1 possibly making one alert to near the end of this. This is being confirmed by liquidity sweep on the 1 hour time frame at the top. We can enter Wave 4 which shows a 500 pip decline to near 3380 levels. Post this we will start Wave 5 which can take us to 3515 levels which will be Fibonacci extension of 1 of Wave 3. After this it is possible to see a big fall. Will update when we get there.
BulishBased on the weekly Gold Spot / USD (XAUUSD) chart you provided, here’s a breakdown and trading plan for next week:
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Chart Analysis (Weekly Timeframe)
1. Current Price: $3,432.835
2. VWAP: $3,391.072 – The price is above the VWAP, indicating bullish strength.
3. Support Level: $3,357.775
4. Resistance Zone: Around $3,446.89 (orange box zone)
5. RSI (Relative Strength Index):
RSI: 70.30 (purple), 72.60 (yellow) – This suggests overbought conditions.
6. Trend:
Price is in a strong ascending channel.
Bullish candles dominating recent weeks.
7. Volume: 2.41M – Healthy, no sharp drop indicating exhaustion yet.
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📈 Trading Plan for Next Week (June 17–21, 2025)
✅ Bullish Scenario (Preferred Trend-Continuation Play)
If the price holds above $3,390–$3,400 and consolidates:
Entry: On a minor pullback near $3,400–$3,410
Target 1: $3,446 (recent high/resistance)
Target 2: $3,500 (upper trendline)
Stop-Loss: Below $3,357 (confirmed breakdown of support)
❌ Bearish Reversal (Cautious Scenario)
If the price breaks below $3,357.775:
Entry: On retest and rejection from $3,357
Target: $3,300 then $3,250 (towards lower channel boundary)
Stop-Loss: Above $3,390 (VWAP and structure invalidation)
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⚠️ Important Notes
RSI Overbought: Might cause short-term pullback.
FOMC/US Data Events: Be aware of upcoming economic events that can drive volatility.
Watch how price behaves around $3,432–$3,446. Failure to break out could trigger short-term profit booking.
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🔁 Summary
Bias Action Entry Zone Target(s) SL
Bullish Buy on dip or breakout $3,400–$3,410 $3,446 / $3,500 < $3,357
Bearish Sell if break below support < $3,357 $3,300 / $3,250
Gold 80 points booed again holding buy at 3422, Monday New ATH How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
XAUUSDThis is also a type of consolidation.Symmetrical Triangle in the chart, we can see that neither the buyers nor the sellers could push the price in their direction. When this happens we get lower highs and higher lows.
As these two slopes get closer to each other, it means that a breakout is getting near.
We don’t know what direction the breakout will be, but we do know that the market will most likely break out. Eventually, one side of the market will give in.
We can place entry orders above the slope of the lower highs and below the slope of the higher lows of the symmetrical triangle.
Since we already know that the price is going to break out, we can just hitch a ride in whatever direction the market moves.
So, I enter with target 3750
GOLD, XAUUSDGOLD is currently range bound.
long only if we get weekly closing above $3440.
Otherwise buying level is there on chart in green box.
Gold Surges After FOMC, Eyes Breakout Above 3,515Gold prices surged sharply on June 12 following positive FOMC and CPI results, closing at 3,429 – up more than 1.2%. The technical structure remains firmly within an ascending channel on the 8H chart, with higher lows consistently supported by the EMA34 and trendline.
The 3,488–3,515 resistance zone will be a key test in the coming sessions. If price breaks and holds above this level, the next target will be new highs. Conversely, a minor pullback toward the 3,348 area – aligned with the trendline and EMA – may offer a trend-following buy opportunity if confirmed by price action.
Gold is receiving strong support from cooler U.S. CPI data, which has boosted expectations that the Fed may cut interest rates soon. Additionally, geopolitical tensions in the Middle East and bullish outlooks from major institutions continue to reinforce gold’s safe-haven appeal.
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. 🔐📊
GOLD (XAU/USD) 4H CHART – BULLISH BREAKOUT TRADE SETUP🔵 Trendline Breakout 📈
📏 Price broke above a descending trendline, signaling a potential bullish reversal.
🔼 This breakout is often seen as a buy signal by traders.
🧱 Resistance Area 🛑
🔹 Price has entered and broken through a horizontal resistance zone.
🔄 This zone may now flip into support, adding confidence to the long setup.
🟧 Demand Zone 📦
📍 Marked between 3,267 – 3,298.
🛡️ Strong buying interest historically observed in this area.
📉 EMA (70) at 3,298.065 acts as dynamic support.
🟦 Entry Point 🚪
🎯 Entry Level: 3,322.930
🔄 Enter after retest confirmation or bullish candle above resistance.
🔴 Stop Loss ⛔
⚠️ SL Level: 3,267.993
💣 Below the demand zone and EMA — protecting against false breakouts.
🟩 Target Point 🎯
🚀 TP Level: 3,490.000
📌 Prior high zone — strong historical resistance expected here.
💰 Trade Setup Summary
✅ Buy Above: 3,322.930
❌ Stop Loss: 3,267.993
🎯 Target: 3,490.000
📊 Risk/Reward Ratio: Favorable (approx. 1:3)
🔎 Technical Confidence Levels
🔵 EMA Support ✅
🔵 Trendline Breakout ✅
🔵 Resistance Flip ✅
🔴 False Breakout Risk
Gold Surges Amid Middle East TensionsXAUUSD – Gold Surges Amid Middle East Tensions | What’s Next After 3430 Break?
🌍 Macro & Geopolitical Overview
Gold prices accelerated sharply in the Asian session on June 13 after Israel launched a large-scale airstrike campaign against Iran, targeting nuclear facilities including the Natanz uranium enrichment site.
Israeli Prime Minister Netanyahu declared the mission would continue until the Iranian nuclear threat is “completely neutralized.”
Iran suffered major losses and scrambled its air force to prepare for retaliation.
WTI oil jumped over 8%, gold spiked to $3,430/oz, and US equities dropped sharply.
While the US claimed it would not participate directly in the attack, it vowed to defend its forces in the region if threatened.
This rapidly escalating geopolitical conflict has triggered a renewed flight into safe-haven assets, with gold leading the pack.
📉 Technical Outlook – M30 / H1 Chart
🔹 Trend Structure
Gold has broken out decisively above 3,392, forming a strong bullish leg and carving new short-term support around 3,412 – 3,426.
Price action is forming a Higher High – Higher Low structure within a rising channel.
🔹 Fair Value Gap (FVG)
A visible FVG between 3,405 – 3,412 has formed. As long as price holds above this zone, bullish continuation is favored.
🔹 EMA Structure
Price is well above all key EMAs (13, 34, 89, 200), confirming a strong bullish environment. EMA13 continues to guide intraday momentum.
🔹 Key Resistance Zone
Watch for potential distribution or profit-taking around 3,441 – 3,456 – a major resistance area if no further escalation occurs.
🧠 Market Sentiment & Behavior
Investor sentiment has shifted firmly into risk-off mode.
Funds are flowing heavily into gold, oil, CHF, and JPY.
Price volatility is likely to spike further, as headlines continue to drive intraday sentiment.
🎯 Updated Trade Setup – 13 June
🔵 BUY ZONE: 3384 – 3382
Stop-Loss: 3378
Take-Profit: 3388 → 3392 → 3396 → 3400 → 3405 → 3410
🔴 SELL ZONE: 3454 – 3456
Stop-Loss: 3460
Take-Profit: 3450 → 3446 → 3442 → 3438 → 3434 → 3430
✅ Conclusion
The renewed conflict between Israel and Iran is fueling gold’s rise as global risk appetite collapses. Technically, the trend remains bullish, but volatility is extremely elevated. Traders should watch key price zones closely and avoid emotional trades during event-driven spikes.
⚠️ Trade the reaction, not the prediction. Let key levels confirm bias before entering.
Golden and Death Cross Strategy....📌 GOLDEN CROSS AND DEATH CROSS – A Classic Trend Signal
WHAT IS A GOLDEN CROSS?
A golden cross occurs when a short-term moving average (typically 50 EMA) crosses above a long-term moving average (typically 200 EMA).
This is widely seen as a bullish signal, indicating a potential long-term trend reversal to the upside.
💡 It often signals that momentum is shifting from bearish to bullish.
WHAT IS A DEATH CROSS?
A death cross is the opposite — it forms when the short-term moving average crosses below the long-term moving average.
It is considered a bearish signal, warning of a potential downtrend or trend exhaustion.
📊 APPLICATION IN TRADING
* Works well in trending markets, especially on higher timeframes such as daily or weekly
* Can be used in combination with volume, RSI, or MACD for confirmation
* False signals can occur in sideways or choppy markets
🛠️ STRATEGY TIPS
* Use golden cross to look for long setups
* Use death cross to consider shorting or exiting long positions
* Combine with risk management — no signal is perfect
💬 YOUR THOUGHTS?
Do you use golden and death crosses in your strategy? Share your insights in the comments
👇👇👇
📝 Disclaimer: This is for educational purposes only and not financial advice. Always do your own research and manage your risk.
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.
Mid East Tensions Boost Gold for $3500 & Beyond The world was adapting to Trump Tariff Trumpet and Israeli preemptive strikes on Iran triggered sudden surge in safe haven demand for Gold causing a flash bullish momentum in prices reaching 3445 during early asian session.
Any retracement pullback towards support zone 3415 or a tad lower to psychological zone 3400 will attract buyers again in anticipation of retesting all time high 3500 and beyond.
If prices retrace down further below 3400, next local demand zone sits at 3388-3378
XAUUSD – Testing the Descending Trendline, Awaiting FOMC SignalsGold has rebounded to the 3,371 zone after U.S. CPI data showed cooling inflation, putting pressure on the USD. The price is now approaching the descending trendline and the 3,400 resistance zone – a level that marked the top on June 5.
If this area fails to break clearly, gold is likely to pull back toward the 3,327 support – the confluence of the EMA89 and a recent low. On the other hand, if the FOMC delivers a dovish signal, price could break out and aim for 3,457.
Trade Setup:
SELL near 3,400 if rejection candles appear
BUY near 3,327 if bullish reversal signals show
BUY breakout above 3,405 if FOMC supports further gains
