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.
GOLDCFD trade ideas
Gold gains traction. Bulls eyeing break above $3350Gold attracted buyers on yesterday's dips and gathers momentum for renewed attack on 3350 to Target next resistance 3365 followed by 3375
Immediate Support sits at 3325 below which 3315 is next support.
Bulls need to defend 3315 in order to continue with bullish attempts aiming for 3365-3375
Long Trade idea on XAUUSD(15m)In this setup, I took a long position based on a confluence of technical factors and pure price action principles:
1. Trendline Breakout:
A well-respected descending trendline was broken with strong bullish momentum. The breakout indicates a potential shift in market structure from bearish to bullish.
2. Higher Low Formation:
After the breakout, price formed a higher low instead of breaking the previous support, signaling that buyers are stepping in and defending the level.
3. Retest of Broken Trendline:
Price pulled back to retest the broken trendline, which acted as support. This successful retest offered a high-probability entry point.
4. Strong Bullish Candles at Entry:
Bullish candlestick formations confirmed buyer strength at the area of interest, further validating the long setup.
5. Positive Risk-to-Reward Ratio:
Stop-loss was placed below the most recent structural low, while the take-profit targeted the next resistance level. This setup provided a favorable R:R ratio.
Gold Trading Strategy for 11th June 2025📊 GOLD INTRADAY TRADE SETUP – JUNE 11, 2025
(Based on COMEX Gold Futures – Price in $)
🟢 Buy Setup
🔼 Buy Above: 15-minute candle close above $3336
🎯 Targets:
✅ Target 1: $3345
✅ Target 2: $3354
✅ Target 3: $3365
🛑 Stop Loss: Below $3328 (or below 15-min entry candle low)
⚡ Entry Confirmation: Wait for a strong 15-min candle close above $3336 with good volume.
🔴 Sell Setup
🔽 Sell Below: 1-hour candle close below $3309
🎯 Targets:
✅ Target 1: $3302
✅ Target 2: $3290
✅ Target 3: $3278
🛑 Stop Loss: Above $3317 (or above the 1-hour entry candle high)
⚡ Entry Confirmation: Ensure a clean break and 1-hour close below $3309 to validate the downtrend.
📌 Trade Management Tips:
Trail your stop once Target 1 is achieved
Follow risk-reward ratio of at least 1:2
Avoid over-leveraging 🔁
⚠️ Disclaimer:
This content is for educational purposes only. 📚 It does not constitute investment advice or a recommendation to buy/sell any security. Trading involves significant financial risk. Please consult your financial advisor and trade at your own discretion. 📉
Gold sell on rise until 3350 not break 3245,3190,3130 Target 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
Gold Analysis and Trading Strategy, June 10✅Today, gold continued its overnight decline at the opening, reaching a low of around 3302, and then rebounded near the technical support level. Overall, the current trend is still in a high-level oscillation pattern, and the market lacks clear unilateral momentum.
✅Fundamental support:
Geopolitical risks are rising: Iran threatens to strike Israeli nuclear facilities, and the situation in the Middle East remains tense, supporting the market's risk aversion sentiment.
The dollar index weakened: The US dollar is in the downward channel of the Bollinger Band, and the weekly and monthly lines are bearish, which indirectly supports the gold price.
Gold ETF holdings increased: The world's largest gold ETF (SPDR Gold Trust) increased its holdings by 2.01 tons to 936.22 tons, reflecting the recovery of market risk aversion demand.
✅Market structure and technical position analysis
🔶The current gold price remains in the range of 3300-3345 US dollars. The overall structure is neutral and bullish, but lacks breakthrough momentum. CPI data becomes a key guide.
🔶The short-term moving average system suppresses the gold price, and the price falls under pressure near the middle track of the Bollinger Band. The gold price remains above 3300, indicating that the long and short positions are temporarily in a tug-of-war state.
🔶The short-term moving average is flat, MACD adhesion is weak, KDJ has signs of golden cross at a low level, and the technical side supports the expectation of oscillation and bullishness.
🔴Key support level: 3300. If it falls below the 3300 integer mark, pay attention to 3280 (strong support), which is an important opportunity area for longs to re-enter.
🟢Key resistance level: 3343. If it breaks, it will open up space to around 3363.
✅Trading strategy suggestions
The European market strategy tends to be "volatile and bullish", and we should remain flexible:
🔰The aggressive Trader: consider placing long orders with a light position near 3302-3305, with a target of $3343 and a stop loss below 3289;
🔰The conservative Trader: it is recommended to wait for the price to pull back to around $3289 before entering the market to seek a technical rebound;
🔰Short order strategy: At this stage, we need to be cautious about shorting. If the price rebounds to the 3334-3345 range and is blocked and stagnant, we can consider short-term short orders and set a stop loss above 3350.
✅ Macro risk events:
We need to pay close attention to the US CPI data for May released on Wednesday (Eastern Time). The market generally expects CPI to be strong. If the data exceeds expectations, it may strengthen the expectation of the duration of high interest rates, which will put pressure on gold prices in the short term.
GOLD IN SIDEWAY PHASE, WAITING FOR A BREAKOUT THROUGH KEY LEVELSXAU/USD TRADING PLAN 10/06/2025 – GOLD IN SIDEWAY PHASE, WAITING FOR A BREAKOUT THROUGH KEY LEVELS!
🌍 MACRO CONTEXT – FUNDAMENTAL ANALYSIS
Geopolitical tensions and monetary policy: The market is currently in a wait-and-see phase, with major decisions pending from important meetings, especially statements from the Federal Reserve (Fed) and global conflict situations. These factors could have a significant impact on market sentiment and volatility in gold.
Weak economic data from major economies such as the U.S. and the Eurozone indicates challenging economic conditions, leading investors to view gold as a safe-haven asset.
Interest rates: Although the Fed continues its rate hike policy, financial market uncertainties could continue to support gold as a preferred asset class.
📉 TECHNICAL ANALYSIS
On the M30–H1 timeframe, XAU/USD is currently moving within a rising channel. After the correction in Wave 4, gold has bounced back in the 335x region and is now preparing to confirm the next trend. Signals from EMA indicate accumulation, potentially setting up for a strong rally ahead.
Key resistance levels: 3,338 – 3,345 (unexplored FVG region). If gold breaks above 3,345, a continued rise to 3,353 is highly likely.
Key support levels: 3,282 – 3,275. If gold retests these levels without breaking them, the chances of a rebound are strong.
🎯 TRADE SETUPS FOR TODAY
🔵 BUY ZONE:
Entry: 3,302 - 3,304
SL: 3,296
TP: 3,306 → 3,310 → 3,314 → 3,318 → 3,325
🔴 SELL ZONE:
Entry: 3352 - 3354
SL: 3,358
TP: 3,348 → 3,344 → 3,340 → 3,330 → 3,320
⚠️ NOTE:
Risk management: Expect significant volatility as the market awaits important news this week.
Wait for confirmation: Technical signals are for guidance; clear confirmation from the charts is needed before entering trades.
📌 CONCLUSION:
Gold is currently in a sideway phase and may be preparing for a breakout if these key support and resistance levels are breached.
Traders should monitor both macroeconomic factors and strategic price zones to make informed trading decisions.
Elliott Wave Analysis – Trading Strategy Update | June 10, 2025
📊 Elliott Wave Analysis – Trading Strategy Update | June 10, 2025
Currently, the market is presenting multiple wave scenarios with nearly equal probabilities. To avoid noise and gain clarity, we are shifting our analysis to the H4 timeframe.
🔹 Key Price Zone
As highlighted in yesterday’s update, the 3340 level remains a critical resistance. Price failed to break above this level and has since pulled back to 3307.
🔹 Momentum & Volume Profile
- H4 Momentum: Just one more H4 candle and the momentum indicator will likely enter the oversold zone, suggesting that the bearish momentum is weakening.
- Volume Profile: Price is clearly reacting at the green POC zone, with no signs of a breakdown yet.
🧩 Two Main Scenarios:
Scenario 1: Wave 5 Continues Lower
Price is potentially forming wave 5, with:
🎯 Target 1: 3290
🎯 Target 2: 3279
✅ Confirmation: Break below 3294
⚠️ Note: This is the most obvious scenario, and in trading, what’s most obvious often requires the most caution.
Scenario 2: Correction Completed – Wave 3 Uptrend Forming
- The black ABC correction has likely completed.
- The recent upward move could be wave 1; the current pullback is wave 2.
- Wave 3 is expected next.
✅ Necessary Condition: Price breaks above 3340
✅ Sufficient Condition: Price breaks the top of wave b (black)
➡️ For this scenario, limit orders may not be effective — real-time confirmation will be required.
📉 Momentum Overview:
- D1 Timeframe: Approaching oversold territory — likely to see a recovery over the next 5–7 daily candles.
- H4 Timeframe: Also nearing oversold — an intraday bounce is expected today.
🎯 Trading Plan:
🔵 Buy Zone 1:
Entry: 3292 – 3289
Stop Loss: 3282
TP1: 3306
TP2: 3340
TP3: 3375
🔵 Buy Zone 2:
Entry: 3281 – 3279
Stop Loss: 3271
TP1: 3307
TP2: 3340
TP3: 3375
Gold ,Momentum on MuteGold continues to trade within a well-defined range, showing no clear breakout or breakdown. Price remains trapped between the narrow range . Despite brief upward attempts, bearish pressure near the red trendline has kept the market capped this suggesting indecision as neither bulls nor bears have seized control. Unless we see a decisive break above 3330-40 area (previous support now resistance) red descending trendline or below the support region, price is likely to remain sideways and choppy in the short term.
This remains a non-trading zone for directional traders. Better opportunities may emerge after a volatility expansion outside this range.
Gold faces tough resistance at $3338: Below $3300, expect $3272Gold seems to have shed most of yesterday's gains as retail traders chose to collect profits on rejection from $3338 triggering selling pressure to retest $3302
Some weak consolidation above psychological zone $3300 is struggling to clear overhead resistance $3310, above which next upside hurdle sits at $3315-$3320 while active resistance zone is positioned at $3335-$3338
Immediate Support sits at $3302 while break below the psychological zone $3300 indicates sellers domination exposing swing low $3293 and next leg lower would be $3282 followed by $3272
XAUUSD – Holding support, eyeing breakout aheadGold has paused its decline after falling out of the ascending channel and is now testing the support area around 3,279 USD. This zone is a confluence of a key demand area and recent swing lows. If this level holds, XAUUSD may rebound to retest the resistance near 3,358 USD – where the EMA34 and EMA89 are also positioned.
Notably, the long-term bullish structure remains intact, and price action may be forming a consolidation phase before a potential upward move. If upcoming CPI, PPI, and NFP data come in weaker, expectations of a Fed rate cut could rise – a factor that typically supports gold. Additionally, ongoing geopolitical tensions continue to bolster gold’s safe-haven appeal.
XAUUSD – Breaks Support Line, Risk of Deeper CorrectionOn the H4 timeframe, gold has officially broken below the ascending trendline formed since mid-May, after several successful retests. This is a clear sign that the short-term uptrend is losing momentum.
Following the trendline breakdown, price is currently making a mild pullback, retesting the confluence zone of EMA34–EMA89 around 3,323 to 3,336 USD. However, if this zone continues to act as resistance, the pullback pattern will complete and open up the possibility of further decline toward the next support area around 3,264 USD – which previously held price well.
Moreover, gold remains under pressure due to the US dollar’s strong rebound amid expectations that the Fed will maintain high interest rates. Hot CPI and PPI forecasts are delaying rate cut hopes, further weighing on gold prices.
Gold Trading Strategy for 10th June 2025📈 Gold Intraday Trading Strategy (XAU/USD)
Effective for short-term trades | Timeframe: 15-min & 1-hour
🟢 Buy Setup – Bullish Breakout
✅ Entry Condition: Buy only if a 15-minute candle closes above 3351.
📌 Confirmation: Wait for the close, not just a wick or spike.
🎯 Targets:
Target 1: 3362
Target 2: 3373
Target 3: 3384
🛑 Suggested Stop Loss: Below 3338 (recent swing low or structure support)
🔴 Sell Setup – Bearish Breakdown
✅ Entry Condition: Sell only if a 1-hour candle closes below 3319.
📌 Confirmation: Ensure candle body closes clearly below this level.
🎯 Targets:
Target 1: 3305
Target 2: 3293
Target 3: 3281
🛑 Suggested Stop Loss: Above 3330 (recent swing high or resistance)
⚠️ Important Notes
Use proper risk management – Do not risk more than 1–2% of your capital per trade.
Confirm entry with volume, candlestick confirmation, or supporting technical indicators (e.g., RSI, MACD, trendline breaks).
Avoid trading during high-impact news events unless you're experienced.
📜 Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Trading in gold or any financial market involves substantial risk, and you may lose your capital. Always do your own research and consult with a professional financial advisor before making trading decisions.