Gold price short growth: price zone 3345Plan XAU day: 25 June 2025
Related Information:!!!
US President Donald Trump criticized both Israel and Iran for violating a full ceasefire agreement shortly after it was announced. Moreover, media reports indicated that the recent US airstrikes on Iran’s nuclear facilities likely did not destroy the core components but only delayed Tehran’s program by a few months. Trump, however, reiterated that Iran’s nuclear sites were completely destroyed.
Nonetheless, the ceasefire between Israel and Iran appears to be holding for now, with both sides declaring victory in the conflict and warning that they are prepared to resume hostilities if attacked. This keeps the geopolitical risk premium in play and is likely to continue supporting the safe-haven appeal of Gold ahead of key US macroeconomic data releases later in the week.
personal opinion:!!!
Accumulation price zone: 3300 - 3335 is being maintained in the Asian and European sessions. Pay attention to selling pressure in the liquidity zone 3345.
Important price zone to consider : !!!
SELL point: 3345; 3367 zone
Sustainable trading to beat the market
GOLDMINI trade ideas
XAUUSD Short Setup – Bearish Structure with Risk-Reward 1:2I am expecting a short opportunity in XAUUSD based on the 15-minute timeframe. The price is currently trading around 3326 and has shown multiple rejections from the 3330–3340 resistance zone, forming lower highs, indicating a bearish structure.
I’ve entered a sell trade near 3326 with the following setup:
Stop Loss: 3348 (above recent swing high)
Take Profit: 3298 (previous demand zone)
The trade offers a good risk-to-reward ratio of approximately 1:2, making it a favorable setup. This setup is supported by strong resistance and lack of bullish momentum, as seen in the recent candles with long upper wicks.
If the price breaks below the 3320 zone with strong volume, we can expect bearish continuation toward the take profit zone. I’ll be closely monitoring for any reversal signs near 3300–3298 to possibly exit or trail the stop.
Note: Always manage your risk and use position sizing suitable to your capital.
WE ARE LOOKING FOR BUYING GOLDWe intend to execute a long position in gold, predicated on yesterday's bullish activity observed during the New York session. A support level has been identified near 3322, and the instrument is anticipated to find support at this level. The entry is justified by the confirmation of support on a Fair Value Gap (FVG). Consequently, a buy position will be initiated with a stop-loss set at 3318 and profit targets established at 3333, 3340, and 3350.
Gold shorts point to 3245
Gold market analysis: Short-term dominant pattern established, rebound high-altitude main tone
Market review and driving factors
Spot gold fell sharply, with a single-day drop of more than 2%, hitting a low of $3295/ounce (a new low since June 9), and finally closed at around $3322. The decline was mainly driven by two factors:
Geopolitical risks cool down: Iran and Israel reach a ceasefire agreement, and market risk aversion demand weakens;
Fed hawkish expectations strengthen: Powell reiterates cautious interest rate cut stance, and the strengthening of the US dollar suppresses gold prices.
Technical analysis: Short-term dominant, rebound under pressure
1. Daily level: Big Yin breaks, strong short momentum
K-line pattern: The daily line closes with a real big Yin line, confirming the short-term short trend, and the price falls below the shock low of the previous two weeks.
Key support: $3295 (yesterday's low) is the last line of defense for bulls. If it is lost, it may further explore the 3280-3270 area.
Resistance level:
3340-3347 USD (top and bottom conversion position + hourly moving average suppression);
3370 USD (yesterday's high point, strong resistance).
2. 4-hour level: oscillating down, limited rebound
Disk pattern: Yesterday showed an oscillating downward rhythm of "Asia session down → rebound → European session continued to fall → US session bottomed out and rebounded", which is in line with the technical correction expectations.
Moving average system: MA5/MA10 dead cross downward, 3340-3347 area constitutes short-term rebound suppression.
MACD indicator: Dead cross with large volume, but the fast and slow lines are close to the oversold area, so be alert to short-term rebound correction.
Trading strategy: rebound high and empty
Short order strategy (main idea):
Entry range: 3342-3347 USD;
Stop loss: 3355 USD (short order invalid if it breaks through);
Target: 3310→3295 (if it breaks through, look at 3280).
Logic: 3347 is the resistance level after the previous low is broken. Combined with the moving average pressure, the rebound to this point can be regarded as an ideal short-selling point.
Long order strategy (short-term rebound):
Prerequisite: If the Asian and European sessions first fall back to 3300-3295 without breaking, you can try long with a light position;
Stop loss: 3288 US dollars;
Target: 3320-3330 (quick in and out).
Key risk reminder
Upward risk: If Powell's speech unexpectedly turns dovish, or the geopolitical situation changes again, the gold price may break through 3355 and rebound to 3370.
Downward risk: If 3295 is lost, it will accelerate the decline to the 3280-3270 support area, and even test the 3250 mark.
Conclusion and operation suggestions
Overall tone: Under the pressure of the big negative line on the daily line, rebound shorting is still the main strategy, focusing on the pressure near 3347.
Asia-Europe session: If it rebounds above 3340 first, short orders can be arranged in batches; if it directly breaks below 3295, short orders can be followed.
US session: Pay attention to Powell's speech and US economic data, and be alert to the intensification of market volatility.
Gold Likely to Face Selling Pressure at $3338-$3345Gold has recovered some of its yesterday's losses in a $40 bounce back off the lows that reached immediate resistance $3338 during early European session and current price action is consolidating gains some $10 below resistance trading around $3330-$3326
Break below $3326 will extend drop further to $3318-$3314 which may act as primary support zone while break below this area will call for retracement lower to $3308-$3304 and even psychological zone $3300
As macro economic concerns remain in focus, local demand may resurface taking Gold higher from these areas towards $3318-$3338 while breaking through $3345 resistance will boost momentum further towards $3358-$3362
Note: Immediate resistance $3338 and 4 hourly 50 EMA $3345 will act as turning point for Gold's next move.
tXAU/USD Bullish Reversal from Key SupportXAU/USD Bullish Reversal from Key Suppor 📈🟢
📊 Chart Analysis:
Rounded Bottom Structure ⬆️
The price has formed a rounded bottom pattern, indicating potential trend reversal from bearish to bullish.
Multiple bounces (🟠 circles) from the curved support trendline confirm the validity of this structure.
Support Zone Rejection ✅
Price recently rejected from a major horizontal support zone (around 3,303.796 USD) with a strong bullish wick.
This zone has acted as a springboard for prior upward moves.
Falling Wedge Breakout 💥
A falling wedge (bullish pattern) has formed and is breaking to the upside.
Breakout confirmation is underway, indicating momentum shift.
Target Projection 🎯
The projected move from the breakout suggests a potential target at 3,385.820 USD.
This aligns with previous resistance areas.
Key Levels to Watch:
Resistance: 3,385.820 USD (target) and 3,425–3,450 USD (major resistance zone)
Support: 3,303.796 USD (short-term), followed by 3,225–3,250 USD zone
🔔 Conclusion:
Price action suggests a bullish bias with a possible upward continuation if it sustains above the wedge breakout.
Confirmation above 3,330 USD with volume can fuel a rally toward the 3,385–3,400 USD target zone.
📌 Risk Management Tip: Watch for fakeouts near wedge resistance or a re-test of 3,303 USD for better entries.
Trading strategy for GOLDXAUUSD is at a good support level (3296.7 to 2219.80), which is a confluence of supporting trendline.
From this support zone breakdown, prices will be falling till the key reversal/breakout zone, i.e., $3279 to 3265.60
If price breaks this key level, it will find another support at $3223 as T1
On the contrary, price bouncing from the support zone will retest
$3430 to 3451 zone.
Ready for a Fresh Rally Ahead of July FOMC Buzz?XAUUSD: Powell's "Soft Tone" Ignites Gold – Ready for a Fresh Rally Ahead of July FOMC Buzz?
🌍 Macro Landscape: Gold Reacts to Fed's Cues – Easing Rate Pressures?
The gold market (XAUUSD) is witnessing a resurgence of positive momentum, driven by recent "dovish-leaning" signals from Federal Reserve Chair Jerome Powell during his congressional testimony. Powell's acknowledgment of lower-than-expected inflation from tariffs, coupled with hints of a potential earlier interest rate cut (possibly as early as July), is creating a fresh wave of market anticipation.
While Powell cautiously noted "no need to rush," market participants are interpreting his remarks as an indication that current monetary policy might be "somewhat restrictive." Should inflation continue its sustainable deceleration, the Fed would be poised to ease policy sooner. This directly impacts gold: as rate cut expectations rise, the opportunity cost of holding gold (a non-yielding asset) diminishes, making it significantly more appealing to investors.
🏦 Central Bank Policy: Fed's Evolving Stance & Market Re-calibration
Federal Reserve (Fed): Chair Powell's nuanced message suggests a more adaptable Fed, ready to align its policy with actual inflation data. His emphasis on the Fed's independence from political influence further solidifies confidence in data-driven decisions.
Market Re-calibration: While the broader market still leans towards a September rate cut, the probability of a July cut is subtly increasing, according to the CME FedWatch Tool (with 70.1% anticipating a cut to 4.00 - 4.25% by September). This re-pricing of policy risk is a crucial supportive factor, helping gold maintain stability around the $3,300–$3,320/oz mark, indicating smart money accumulation.
This evolving Fed perspective, even a slight shift, is powerful enough to influence capital flows and investor sentiment globally, setting the stage for significant gold movements.
🌐 Capital Flows: Gold & USD – The Shifting Safe-Haven Dynamics
Global capital flows are highly sensitive to interest rate expectations and perceived risks. Historically, both gold and the U.S. dollar serve as primary safe havens during periods of uncertainty.
If Powell's "dovish tilt" gains further traction and leads to earlier rate cuts, we could anticipate a notable rotation in capital:
Outflows from USD: Lower U.S. yields would diminish the attractiveness of the USD as a yielding asset.
Inflows into Gold: The reduced opportunity cost of holding gold, combined with its intrinsic store-of-value appeal, could trigger substantial capital flows into the precious metal, especially amidst persistent global geopolitical tensions.
The market's re-evaluation of Fed policy risk is already contributing to gold's resilience, suggesting that strategic positioning for an upside move might be underway.
📊 Technical Structure (H4/M30 Chart Analysis): Gold Breaking Bearish Bias, Targeting Higher Levels
Based on the provided XAUUSD chart (H4/M30 timeframe):
Channel Breakout: Gold has visibly broken out of a prior descending channel, signaling a clear weakening of selling pressure and a potential trend reversal. The price is currently consolidating and appears to be forming a new accumulation pattern or a smaller ascending channel.
Key Price Levels:
Potential Sell Zone (Resistance): Around 3,352.383 - 3,371.205. This zone aligns with significant Fibonacci retracement levels (0.5 and 0.618 from the last major swing down) and represents a strong historical resistance cluster. If the price attempts to breach this zone and fails, selling pressure could emerge.
Higher Resistance: 3,391.750 - 3,395.000. This is a formidable resistance area. A decisive break above this level would confirm a more robust long-term bullish trend.
Current Buy Zone (Support): Around 3,302.939 - 3,311.214. This is a critical demand zone, where strong buying interest is likely to surface, coinciding with recent swing lows.
Next Key Support: 3,286.257. Should the 3,302.939 - 3,311.214 zone be breached, this level would be the next significant support to watch.
Moving Averages (EMA 13-34-89-200):
The price is currently trading above the shorter-term EMAs (13 & 34), indicating positive short-term momentum.
The longer-term EMAs (89 & 200) are likely transitioning from resistance to dynamic support, or showing signs of convergence, suggesting a potential shift in market structure. A 'Golden Cross' formation among these EMAs would be a powerful bullish signal.
Projected Price Action: The chart depicts a scenario where the price might retrace slightly towards the 3,317.738 support or even deeper to 3,302.939 before embarking on a strong upward rally, targeting resistance zones like 3,352.383 and further to 3,371.205.
🎯 Trade Strategy Recommendations (Based on Provided Zones):
BUY ZONE: 3286 - 3284
SL: 3280
TP: 3290 - 3294 - 3298 - 3302 - 3306 - 3310 - 3315 - 3320
BUY SCALP: 3302 - 3300
SL: 3295
TP: 3306 - 3310 - 3314 - 3318 - 3322 - 3326 - 3330
SELL ZONE: 3353 - 3355
SL: 3360
TP: 3350 - 3346 - 3340 - 3335 - 3330 - 3320
SELL ZONE: 3372 - 3374
SL: 3378
TP: 3370 - 3366 - 3362 - 3358 - 3354 - 3350
⚠️ Key Events to Watch:
Further Speeches by Fed Officials: Any new comments on inflation, economic data, or the rate path will heavily influence market dynamics.
Global Geopolitical Developments: Ongoing tensions or new uncertainties can always bolster gold's safe-haven appeal.
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 25, 2025, at 03:52 UTC, here’s a suggested trading setup for a sell position:
Current Price and Trend: The current price is 3,322.840, with a slight decline of -0.190 (-0.01%). The chart shows a recent downtrend with a potential resistance level near the current price.
Sell Entry: Enter a sell position at 3,323.400 (near the current price and entry level marked), as it aligns with a resistance zone where the price has struggled to break higher.
Stop Loss: Place a stop loss at 3,357.864, above the recent high, to protect against an upward breakout. This level is approximately 34.464 points above the entry, defining the risk.
Take Profit Levels:
Take Profit: 3,286.372, a target about 37.028 points below the entry, aligning with a support zone and offering a 1:1 risk-reward ratio as indicated on the chart.
Price Action: The chart indicates a downtrend with a recent bounce that may be exhausting near the current level. The horizontal dashed line suggests a resistance area, supporting a sell setup.
Risk-Reward Ratio: The distance to the stop loss (34.464 points) compared to the take profit (37.028 points) provides a balanced 1:1 risk-reward ratio, making this a reasonable short-term trade.
Conclusion
Enter a sell at 3,323.400, with a stop loss at 3,357.864 and a take profit at 3,286.372. Monitor the price action for confirmation of a continued downtrend, and be cautious of potential reversals if the price breaks above the stop loss level.
Gold avoid any sell trade market expecting fed rate cut How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Gold Day Trade Outlook – June 25, 2025Gold is currently trading around the 3326 zone after a breakout below the higher HVZ, which has now flipped into a strong rejection zone. This breakout trap confirms a bearish sentiment shift, especially as price re-enters the dead volume zone – a region characterized by low conviction and weak momentum. Price to bounce slightly within this chop zone, potentially faking strength, before resuming its move downward. The short-term outlook remains bearish as long as price stays below the 3345–3350 rejection shelf. Day traders should watch for rejection setups near 3330–3335 to enter short positions, targeting the lower HVZ around 3280. This zone is highlighted as the ideal day trade target given the market structure breakdown and volume voids above. U.S. economic events on the horizon (as marked by calendar icons) could provide the volatility needed for this move to complete. Until 3350 is reclaimed cleanly, selling the bounce remains the preferred strategy.
Gold tested 3300, what next ?Yesterday's breakdown below the 3345-50 area created a failed low scenario, and gold tested psychological 3300 level before finding some support.
Right now we're seeing a bit of correction higher from yesterday's lows, but this is still unconfirmed territory. For intraday 3330-33 resistance zone .
If gold manages to push through with decent momentum, the next major hurdle zone is up at 3360- 3385. but as long as we're staying under 3330 and especially under 3360, any upward movement as a pullback rather than a true reversal .
For a genuine reversal to take hold,we need good bullish candle follow up today and gold needs to break above 3360- 3385 convincingly without revisiting yesterday's lows. and have to re claim 3450, which would signal a more significant shift in sentiment.
XAUUSD – Technical Pullback, Bearish Trend Remains DominantGold posted a mild recovery of around 650 pips on June 25, closing near 3,329.57 USD, marking a short-term rebound after a sharp decline. However, both technical structure and macroeconomic outlook suggest that the bearish trend remains in control.
On the H4 timeframe, XAUUSD has broken below a multi-week ascending channel and is now trading beneath the previous support trendline, which has turned into resistance. The price gap around 3,360–3,376 USD remains partially unfilled, making it a potential magnet for a short-term technical pullback.
The current price structure is forming a “lower high – lower low” pattern, confirming sustained bearish momentum. If price fails to reclaim the FVG zone near 3,376.5 USD, a decline toward the support area at 3,308—and possibly down to 3,270—remains likely. Upcoming U.S. Core PCE and Q1 GDP data will be key in determining gold’s next directional move.
Gold Trading Strategy for 25th June 2025📈 GOLD Intraday Trade Setup (15-Min Chart – USD)
🟢 Buy Setup
Entry: Buy above the high of the 15-minute candle if it closes above $3344
Targets:
🎯 Target 1: $3356
🎯 Target 2: $3367
🎯 Target 3: $3378
🛑 Stop Loss: Below $3334 (adjust per your risk management)
🔴 Sell Setup
Entry: Sell below the low of the 15-minute candle if it closes below $3295
Targets:
🎯 Target 1: $3283
🎯 Target 2: $3271
🎯 Target 3: $3258
🛑 Stop Loss: Above $3305 (adjust per your risk management)
⚠️ Important Guidelines
⏱️ Timeframe: 15-Minute Candle
✅ Confirm candle close above/below the breakout levels before entry
📉 Use proper position sizing and maintain a minimum 1:2 Risk-Reward Ratio
🕐 Avoid trading during high-volatility news events
📢 Disclaimer
This trading setup is for educational purposes only. It does not constitute financial advice. Always do your own research and consult a registered financial advisor before making any investment or trading decisions. Trading in commodities and derivatives involves significant risk.
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.
Gold (XAU/USD) Technical Analysis – Bearish Breakdown in Play📉 Gold (XAU/USD) Technical Analysis – Bearish Breakdown in Play | June 20, 2025 🟡
🕒 Timeframe: 4-Hour
📍 Asset: Gold Spot / U.S. Dollar (XAU/USD)
🖼️ Chart Source: TradingView by AngelaFxTrading
🔍 Chart Overview
The 4H chart displays a clear bearish breakdown from an ascending trendline (blue), followed by a rejection at a key horizontal resistance zone (highlighted in purple).
🧠 Key Technical Insights
📌 1. Resistance Zone Rejection
Price Level: ~$3,370 - $3,390
Price attempted multiple breakouts above the resistance zone but consistently failed, indicating strong seller presence. The red arrow marks a lower high, suggesting waning bullish momentum.
📈 2. Trendline Break
The rising blue trendline has been decisively broken. This signals a potential trend reversal from bullish to bearish.
🧭 3. Support Levels to Watch
Minor Support: $3,294.43 (short-term reaction zone)
Major Support: $3,244.87 (target of the projected drop)
🔮 4. Bearish Projection
Blue arrows indicate a measured move expectation, targeting the $3,244.87 level.
A bearish flag/pennant formation post-break suggests continuation lower.
⚠️ Key Considerations
Fundamentals: Note the icons at the bottom — upcoming USD-related news/events 📅 could inject volatility.
Confirmation: For bears, a clean rejection from the resistance retest would confirm entry zones.
🧭 Trading Bias:
🔻 Short-term Bearish
As long as price remains below the purple resistance and under the broken trendline, selling pressure dominates.
🛑 Invalidation Zone
A daily close above ~$3,390 would invalidate this bearish setup and suggest a return to bullish momentum.
Elliott Wave Analysis – XAUUSD June 24, 2025
🌀 Wave Structure
Looking at the H1 chart during the Asian session today:
+ Price broke below the previous low at 3341, invalidating the idea that Friday’s rally marked the beginning of a new uptrend.
+ Instead, the rally appears to be forming a wave X in a larger WXY corrective structure.
+ Given the current complex corrective pattern, it’s challenging to precisely define the exact wave shape and targets.
🔻 Wave Y Structure:
+ The price action suggests the formation of a 5-wave decline, with the market currently in wave 4.
+ Wave 4 target zone: 3357 – 3363 → Sell zone.
+ After completing wave 4, we expect a continuation of the downtrend via wave 5, with a target around 3327 – 3324 → Buy zone.
+ Once wave 5 completes, we anticipate at least a corrective upward retracement, with targets at 3363 – 3376 (these are the TP levels for the buy trade).
⚡️ Momentum Analysis
+ D1 timeframe: Momentum is turning bullish, suggesting a potential rally lasting around 5–8 D1 candles after wave 5 finishes.
+ H4 timeframe: Momentum is declining and may enter oversold territory within 1–2 candles, supporting the completion of wave 5.
+ H1 timeframe: Momentum is rising and approaching overbought levels, indicating a likely end of wave 4 within 1–2 H1 candles.
📌 Trade Plan
🔹 SELL ZONE: 3363 – 3365
+ SL: 3373
+ TP1: 3342
+ TP2: 3330
🔹 BUY ZONE: 3327 – 3324
+ SL: 3317
+ TP1: 3342
+ TP2: 3363
+ TP3: 3376
+ Important Note:❗️
- If price reaches these zones with a Mazuboru candle (long-bodied candle with no wick) and fast volatility, do not enter immediately.
- Wait for the candle to close. If the zone breaks, keep an eye on the next support area around 3313 for potential reactions.
Selling pressure, gold price falls below 3300Plan XAU day: 24 June 2025
Related Information:!!!
Gold price (XAU/USD) maintains a heavily bearish tone during the first half of the European session and is currently trading just above the nearly two-week low reached earlier this Tuesday. News of a ceasefire between Iran and Israel has boosted investor confidence and triggered a fresh wave of global risk-on sentiment, which is seen as a key factor driving funds away from the safe-haven precious metal.
Meanwhile, the intraday decline appears largely unaffected by continued US Dollar (USD) selling, which would typically support gold prices. Mixed US PMI data and dovish comments from Federal Reserve officials have fueled speculation about a possible rate cut in July. As a result, the USD has fallen to a more than one-week low, which could offer some support to gold ahead of Fed Chair Jerome Powell’s upcoming testimony.
personal opinion:!!!
Strong selling pressure, gold price continues to be under downward pressure. War negotiation information is becoming an obstacle causing gold price to drop sharply.
Important price zone to consider : !!!
BUY point: 3304; 3293 zone
Sustainable trading to beat the market
GOLD – ONCE AGAIN AT A CROSSROADSThe gold scenario is becoming clearer: price is holding firmly at the key support zone around 3,300.900 and is gearing up to react to a series of “bombshell” U.S. data releases – including GDP and the Fed’s preferred inflation gauge, Core PCE. These two indicators are critical in shaping future Fed policy.
From a technical standpoint, buyers have halted the decline at a previous Fair Value Gap (FVG) – a zone that previously supported a bullish breakout. The recent rebound from this area opens up a potential move towards 3,368.700, where a new FVG exists and coincides with a long-term descending trendline. This is not only a technical target, but also a testing ground to assess whether the market has enough momentum to reverse the broader downtrend.
However, one must also acknowledge the risk: if upcoming U.S. data reinforces the Fed’s hawkish stance, gold is likely to face rejection at the trendline – and could once again slip below the 3,300 zone.
Macro Pressure or Opportunity to Accumulate?XAUUSD 24–28 June: Gold Slides to Buy Zone – Macro Pressure or Opportunity to Accumulate?
🔍 Macro Outlook – A Volatile Week for Gold Traders
Gold is navigating through a complex macroeconomic landscape this week, with multiple factors weighing in:
✅ Middle East Tensions Resurface
Israel has declared plans to retaliate against Iran following a ceasefire violation, increasing geopolitical risk. This situation historically supports safe-haven demand for gold when it escalates.
✅ US Economic Data May Soften Fed’s Tone
The U.S. economy is showing early signs of cooling:
Housing market data fell short of expectations.
PMI data indicates manufacturing and services are slowing.
If the Core PCE Index (set to release this week) confirms soft inflation, expectations for a Fed rate cut in September may solidify, putting pressure on the USD and boosting gold.
✅ China & India Are Stocking Up on Gold
India’s jewelry and central bank demand is on the rise ahead of budget season. Meanwhile, China continues to increase its gold reserves for the 19th consecutive month, offering underlying support to the price.
📉 Technical Analysis – Is the Correction Bottoming Out?
XAUUSD remains in a downward-sloping channel on the H1/H4 chart, but prices are approaching key support zones with strong historical demand.
EMA 34 – 89 – 200 still show downward momentum.
However, RSI divergence is forming on the lower timeframes, signaling potential bullish pressure.
A clear FVG (Fair Value Gap) around the $3367–$3369 zone presents a strong liquidity zone for reversal.
✅ Trading Plan for XAUUSD
🔵 BUY ZONE: $3278 – $3276
Stop Loss: $3270
Take Profits:
TP1: $3282
TP2: $3286
TP3: $3290
TP4: $3294
TP5: $3298
TP6: $3302
TP7: $3305
TP8: $3310
📌 Reason to Buy: Price is approaching the bottom of the descending channel with visible demand zone, enhanced by RSI divergence and macro geopolitical pressure favoring safe-haven flows.
🔴 SELL ZONE: $3367 – $3369
Stop Loss: $3375
Take Profits:
TP1: $3364
TP2: $3360
TP3: $3356
TP4: $3352
TP5: $3348
TP6: $3344
TP7: $3340
TP8: $3330
TP9: $3320
📌 Reason to Sell: This is a key FVG resistance area where sellers have previously stepped in aggressively. If price retests without momentum, it's likely to reject back toward support.
📎 Summary for Indian Traders
This week’s gold strategy is a balance between short-term technical plays and long-term macro shifts. Keep your eyes on PCE data, USD movement, and any flare-up in Middle East tensions. Each of these could serve as catalysts for either a bounce or continuation.
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