GOLD WEEKLY- Wave 3 in extension is complete. Now $ 2700 AwaitedThough it looks like a correction at present in 4 H time frame, but if we see Weekly, in all likely hood wave 3 was quite extended with FIB 3.618 EXTENSION and now we move to $2700 in wave 4.
Set stoploss accordingly
Regards
THE KING TRADER
GOLDMINICFD trade ideas
Gold updated levels 3315, 3350-3355 upside target avoid any sellHow 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
Holding upside but buyers are not showing interestAs we see in bold that price is coming higher and higher but after sometimes it is in range for 4 to 5 hours but in this case buyers are not interested to push price upper side as and we may see a breakdown of these consolidation so market or Gold may come down as upper side is not getting hold it
Gold price recovers 3310, accumulates MondayPlan XAU day: 30 June 2025
Related Information:!!!
Gold prices (XAU/USD) regained some lost ground during the early European trading hours on Monday. Increasing expectations that the US Federal Reserve (Fed) will implement additional interest rate cuts this year—and potentially sooner than previously anticipated—may weigh on the US Dollar and, in turn, provide support for the USD-denominated commodity, as a weaker dollar makes gold more affordable for foreign investors.
However, improved risk sentiment stemming from the US-China trade agreement, as well as the ceasefire reached between Israel and Iran, may reduce the appeal of gold as a traditional safe-haven asset. Market participants now turn their attention to upcoming remarks from Federal Reserve officials later on Monday, with scheduled speeches from Atlanta Fed President Raphael Bostic and Chicago Fed President Austan Goolsbee.
personal opinion:!!!
Gold price recovers to gain liquidity at the beginning of the week, using fibonacci to find potential resistance: 3310
Important price zone to consider : !!!
SELL point: 3310 zone
Sustainable trading to beat the market
Elliott Wave Analysis – XAUUSD Trading Plan for June 30, 2025
🌀 Elliott Wave Structure
On the H1 chart, we observe a double zigzag correction WXY (in red). Currently, Wave Y appears to be developing as a green abc structure.
In this abc structure:
+ Wave a started with a leading diagonal (5-wave triangle).
+ Wave b followed as a typical abc correction (in black).
+ Wave c is currently unfolding as a clear 5-wave impulsive move, characterized by sharp and rapid price action.
The key issue now is to determine whether:
+ The price has completed wave 5 (black), or
+ It has only completed wave 3 (black) within the green wave c.
If the current movement is wave 3 (black), we should expect a wave 4 correction, followed by one more leg down to complete wave 5. In this scenario, wave 5 will be confirmed if the price breaks below 3255. There are two potential target zones for wave 5:
+ Zone 1: 3247
+ Zone 2: 3224
If wave 5 has already completed, the upward move to 3283 could be wave 1 of a new bullish trend. The next pullback would be wave 2, with an expected target between 3266 – 3261.
⚡️ Momentum Analysis
D1 timeframe: Momentum is in the oversold region, suggesting a high probability of a bullish trend in the upcoming week. This supports the view that wave c (green) of wave Y (red) is nearing completion.
H4 timeframe: Momentum is turning bullish, indicating the current upward movement may continue. This adds to the uncertainty about whether wave 3 or wave 5 has ended.
🧭 Trading Plan
📍 BUY ZONE 1
Entry: 3264 – 3261
SL: 3254
TP1: 3283 | TP2: 3297 | TP3: 3315
📍 BUY ZONE 2
Entry: 3247 – 3244
SL: 3237
TP1: 3283 | TP2: 3297 | TP3: 3315
⚠️ Important Note
This trading plan assumes either wave 3 or wave 5 has completed. Therefore, if in the early Asian session, the price does not touch the 3264 – 3261 zone but instead rises above 3283 without closing above 3297, and then drops back below 3283, we should avoid buying at 3264 – 3261.
Instead, we should wait for a potential entry at the 3247 – 3244 zone.
Gold at Make-or-Break Zone – Will Sellers Strike Back?Gold is staging a rebound, but don't let it fool you — the real battle is just ahead.
After last week's sharp drop, the price is now approaching a key resistance near 3,355, where the 34 and 89 EMAs meet a supply zone. This is not just any level — it's the perfect spot for sellers to step in.
Meanwhile, markets are bracing for high-impact US data this week, including Core PCE and Q1 GDP. If inflation runs hot, it could crush gold’s momentum and fuel another leg down.
If rejection happens here, gold could drop back toward the 3,265 zone. Bulls need a breakout to regain control — but right now, the edge leans bearish.
Are you ready for the next move?
Update the latest gold price todayGold kicks off the new week with a sharp drop, sliding to around $3,258/oz, down more than $14 from Friday’s close. The primary driver behind this decline is the easing geopolitical tension in the Middle East, following a ceasefire agreement between Israel and Iran, which has significantly reduced demand for safe-haven assets.
In addition, stubborn inflation and weak global growth are forcing central banks — especially the Federal Reserve — to keep interest rates elevated for longer. This policy stance continues to pressure gold prices.
From my perspective, gold had surged too quickly in recent weeks due to geopolitical risks. Now that those tensions have calmed, capital is flowing out of gold and rotating into risk-on assets like stocks, bonds, and real estate.
Looking ahead, this week brings a wave of high-impact economic data from the US, Eurozone, China, and Japan — including the June PMIs from the US and China, and preliminary CPI from the Eurozone. These releases are likely to shape gold’s short-term direction.
For now, the bearish bias remains, with $3,300 acting as a key resistance level to watch.
Gold Weekly Analysis: Breaking Down After 3300 Support FailureCurrent Market Structure:
Gold breakdown below critical 3300 support level last Friday, and more importantly, we closed the week below this key psychological level. This breakdown has shifted the technical structure, and we're now seeing a clear pattern of lower highs (LH) and lower lows (LL) developing as gold enters a downside correction phase.
The weekly pivot has dropped to 3308, showing a descending formation compared to last week's pivot at 3386. This descending pivot structure confirms the bearish momentum that's been building.
Level to Watch:
3308 Weekly Pivot - This is our key reversal level for this week. For any meaningful bullish recovery, we need to see:
1. A convincing breakout above 3308 on higher timeframes
2. Price sustaining above this level
3. Breaking the current LH/LL bearish structure
Without these conditions being met, any rallies should be treated as counter-trend bounces rather than genuine reversals.
Support Zones:
Immediate Support: 3248-3287 (Fibonacci Golden Zone)
This is our primary support area to watch. It's a confluence zone that could provide a decent bounce opportunity if we get there.
Deeper Support Levels:
- 3221Weekly S1 support
- 3200 Major psychological level
If the golden zone fails to hold and we see a breakdown there, these lower levels become our next areas of interest.
The bears are in control of the weekly structure right now. Any recovery attempts need to prove themselves by reclaiming 3308 and holding it on higher timeframes. Until then, we're in correction mode with Fibonacci support levels as our key support area.
30/06: WILL WE SEE A RECOVERY ON THE LAST DAY OF THE MONTH? GOLD PLAN – 30/06: WILL WE SEE A RECOVERY ON THE LAST DAY OF THE MONTH? ☄️
✅ Macro Context – Focus on USD Debt and Political Pressure
As June comes to a close, the US faces a major $6 trillion debt maturity from COVID-era borrowings, creating potential stress on USD liquidity and overall market sentiment.
Gold saw a sharp dip to the 32xx range during the Asian session but has bounced back and is currently hovering near last week's closing levels.
While the medium-term outlook remains bearish, short-term signals are showing signs of a potential recovery.
✅ Political Catalyst:
Trump’s Pressure on Fed: Trump is pushing the Federal Reserve to cut interest rates to 1%-2%, saying he won’t appoint anyone unwilling to ease monetary policy.
This has sparked expectations for potential rate cuts, which could provide support for gold prices in the near term.
✅ Technical Outlook – Multi-timeframe Structure
Gold continues its downward correction on higher timeframes. However, short-term candles are indicating recovery momentum, with buying activity near the 327x zone.
Today's Strategy: Focus on short-term BUY setups that align with the recovery wave.
✔️ Key Resistance & Support Levels
🔺 Resistance: 3283 – 3291 – 3301 – 3322
🔻 Support: 3277 – 3271 – 3259 – 3247
🔖 Trade Scenarios
✅ Buy Scalping
🔺 Entry: 3272 – 3274
🔹 SL: 3268
✔️ TP: 3282 → 3288 → 3298
✅ Buy Zone
🔺 Entry: 3249 – 3251
🔹 SL: 3244
✔️ TP: 3265 → 3282 → 3295 → 3310
💠 Sell Scalping
🔺 Entry: 3298 – 3300
🔹 SL: 3304
✔️ TP: 3292 → 3282 → 3270
💠 Sell Zone
🔺 Entry: 3327 – 3329
🔹 SL: 3333
✔️ TP: 3322 → 3310 → 3298 → 3282
⚡️ Final Note
As we near the end of the month, expect possible volatility due to USD flows and institutional rebalancing, which could create further opportunities in the gold market.
XAUUSD 15M: ORB+ FVG RETTEST PLAY🚀 XAUUSD 15M: ORB + FVG Retest Play
Gold has broken above the Asian Opening Range High (ORH) and formed a Fair Value Gap (FVG) on the breakout. Watching for a pullback into the FVG within the ORB structure for a long entry before testing the next resistance zone.
✅ Entry: Retest of FVG zone near 3271-3272
✅ Stop Loss: Below ORL / FVG invalidation (~3259)
✅ Target: 3297–3300, prior inefficiency + supply zone
⚡ Volume confirmation, clear market structure shift, and ORB alignment make this a clean intraday play with a good R:R (>2:1).
❌ Invalidation: Clean break below ORL
📈 Plan: Wait for bullish confirmation at the retest (pinbar, engulfing) within the FVG. Avoid chasing.
💡 Trade with a plan. Respect your risk. Let the market come to you.
#Gold #XAUUSD #TradingView #PriceAction #ORB #FairValueGap #SupplyAndDemand #IntradayTrading #Forex #GoldTrading #Scalping #TradeSetup #SmartMoney #RiskManagement #ChartAnalysis
XAUUSD – Bearish Momentum Builds Amid Risk-On MoodGold continues to trade within a clearly defined descending channel, forming lower highs and leaving several Fair Value Gaps unfilled. After rebounding from the 3,238 USD support, price is now approaching key resistance near 3,297 USD — aligning with the main descending trendline.
If price fails to break above this resistance, a drop back toward the 3,238 USD support is likely, with a deeper target around 3,200 USD at the lower boundary of the channel.
Fundamentals currently support the bearish bias: improving US–China trade relations and rare earth agreements have triggered “risk-on” sentiment, pulling capital away from gold. Meanwhile, strong USD momentum is driven by robust Core PCE data and the Fed’s hawkish stance, showing no rush to cut rates.
Strategy outlook: Watch for price reaction at 3,297 USD. If bearish rejection occurs, short setups toward 3,238 USD and below could be considered.
Gold in Free Fall – Is This Just the Beginning?Hey fellow traders!
Today, gold is taking a serious dive — price has crashed below the critical $3,300 support, and things aren't looking great for the bulls. The chart says it all: the old support zone has been wiped out, and the recent minor bounce? Just the calm before a deeper selloff.
💣 What’s dragging gold down?
-The reasons are crystal clear:
-US Treasury yields are spiking, pulling capital away from gold.
-The US dollar is rebounding strongly, boosted by hawkish Fed commentary.
Global markets are optimistic, with geopolitical tensions easing — which means gold is losing its safe-haven appeal.
In short: there's not much left to keep gold afloat right now.
📉 Technical outlook – Breaking down and breaking lower?
On the H4 chart, gold has officially lost the EMA 34 (~$3,322) — a key dynamic support that's held multiple times in the past. With that breach, sellers rushed in. Price is now sliding toward the bottom of the descending channel, targeting $3,240, and possibly $3,200 if bearish momentum continues.
And if gold pulls back to retest the broken zone? Don’t celebrate too soon — it could be the perfect trap for sellers to reload.
So, what’s your take?
Gold Trading Strategy for 30th June 2025📈 GOLD Trading Plan – Intraday Strategy
💰 Buy Setup:
▶️ Buy Above: 1-Hour Candle High & Close Above $3295
🎯 Targets:
Target 1: $3308
Target 2: $3321
Target 3: $3333
🛑 Stop-Loss: Below the breakout candle low or as per your risk management.
💰 Sell Setup:
🔻 Sell Below: 1-Hour Candle Low & Close Below $3253
🎯 Targets:
Target 1: $3241
Target 2: $3229
Target 3: $3218
🛑 Stop-Loss: Above the breakdown candle high or as per your risk management.
⚠️ Disclaimer:
📌 This analysis is for educational and informational purposes only. Trading in commodities, forex, or equities involves substantial risk. Always do your own research or consult a registered financial advisor before making any trading decisions. Past performance is not indicative of future results.
Gold (XAUUSD) - Daily ICT Based AnalysisThis chart reflects a detailed breakdown of Gold using Inner Circle Trader (ICT) concepts on the daily timeframe.
🧠 Key Highlights:
Break of Structure (BoS) and Market Structure Shift (MSS) confirm bearish intent.
Price recently delivered a strong displacement to the downside, breaking through the prior IDM low and forming a clean MSS.
The price has rejected from the Daily Bearish Imbalance (BISI D) and Refined Breaker Block (RB.D) — acting as a key supply zone.
Confluence of Liquidity and Imbalance:
Internal liquidity has been swept from equal highs.
Bearish rebalancing observed in the CISD + IPDA S.D. zone.
Next probable draw on liquidity sits near the 3,203.47 and 3,189.82 PD arrays.
Ultimate downside target marked around 2,993.69, aligned with a previous BMS + DOL zone.
🛠 Tools Applied:
PD Arrays: BISI, RB, FVG, SIBI
Liquidity Zones: IDM, DOL, IPDA S.D.
Price Action: MSS, Displacement, and Retracement Concepts
📌 Bias: Bearish
📌 Narrative: Liquidity has been engineered above highs; current price action seeks sell-side liquidity and inefficiencies beneath recent lows.
GOLD HAS ENTERED IN BEARISH ZONE SOON I think Gold has entered in Bearish Zone. 3499 is resistance of Gold current price is 3274 my stop loss is above 3500 with small Lot of Gold Target Price 2800 for next few months its positional View.
It is Time Base and Price Based Analysis according to me Bearish has been Started .
GoldGold ( OANDA:XAUUSD ) – Bearish Wyckoff Distribution (Unorthodox) in Play
Gold is currently trading around $3273/oz and appears to be in Phase D of a Bearish Wyckoff Distribution Schematic #1 (Unorthodox) on the 4H chart. The price is showing signs of weakness, but a final upthrust toward $3370 can’t be ruled out before a deeper breakdown.
Key level to watch:
⚠️ Breakdown confirmation below $3260–3200 could open the gates for a sharper decline.
Bearish structure still unfolding – traders should stay alert for signs of a last bull trap before distribution completes.
#Gold #XAUUSD #Wyckoff #TechnicalAnalysis #CommodityTrading #PriceAction
Gold market weekly reviewGold market weekly review: the long-short dilemma and trader dilemma under the PCE inflation game
On Friday, the US core PCE price index in May was 2.6% year-on-year, slightly higher than expected. This data, regarded by the Federal Reserve as an "inflation vane", once again revealed the contradictory background of the US economy - the tug-of-war between the stubborn inflation stickiness and the weak consumption momentum. After the data was released, the market reacted violently but chaotically: the US dollar index briefly dived 10 points and then quickly recovered its lost ground, while gold staged a "buy expectations and sell facts" drama, with a minimum of $3,255/ounce. Behind this is the serious disagreement among traders on the policy path - CME interest rate futures show that the probability of a rate cut in September is still anchored at 68%, but the expectation of a rate cut for the whole year of 2025 has been compressed from 4 times to 3 times.
What is more worthy of vigilance is the ghost effect of tariff policy. As the election approaches, trade protectionism rhetoric is rampant, and companies' pre-stocking behavior may temporarily lower inflation readings, but the reconstruction of supply chain costs in the medium and long term will strengthen the "higher for longer" interest rate narrative. In my opinion, the current market is repeating the script of "inflation repetition-expectation swing" in 2023, and the certainty of the Fed's policy shift is being swallowed by uncertainty.
Key signals of the 4-hour cycle
The falling channel is complete: After yesterday's cross star, there was no continuous positive rebound, and the 3280-3295 area constituted a double Fibonacci suppression (38.2% & 50% retracement level). The MACD column was released twice below the zero axis, suggesting that the shorts still have pricing power.
Long-short watershed: 3250 is not only a psychological barrier, but also the last line of defense of the 2024 rising trend line. If it is lost, it will open the door to test the 3200-3180 gap.
Retail trading trap warning
The recent daily fluctuation of gold is 100-200 US dollars. On the surface, it is a feast of opportunities, but in fact it is a liquidity hunting ground. I have witnessed too many traders repeatedly "selling high and buying low" in the 3280-3250 range, and finally being swept by the sudden market in both directions. It is necessary to clearly realize that the current market is in the late stage of trend acceleration, and volatility expansion is often accompanied by price deviation correction.
Short strategy
Ideal sniper position: 3280 (Asia-European market rebound limit) and 3295 (US market second test position), stop loss is strictly placed above 3303, target 3245-3230
Key risk control: If the price stands at 3287 within 30 minutes, you need to manually exit and wait and see
Bull strategy
Pick chestnuts from the fire position: 3243-3247 light position to try more (need to cooperate with 15-minute RSI bottom divergence), stop loss 3238, target 3265
Cruel reality: The winning rate of counter-trend trading is less than 35%, it is recommended to halve the position and give up the fantasy of "averaging costs"
Ultimate warning
The closing battle of the monthly line may trigger a liquidity vacuum killing, and any "bottom-fishing" behavior below 3250 must be equipped with a hedge position. Remember: before the market proves the bottom, the price is the most honest killer.
XAU USD Weekly Free Analysis (28-06-25 to 05-07-25)XAU USD
Gold is currently trading around $3,274 and appears to be forming a potential reversal zone after a sharp decline. The 4-hour chart suggests the price may bounce from this support region, supported by a long-term bullish structure. If buyers step in, we could see a recovery toward the $3,320–$3,350 range in the coming sessions. However, price action near the June 27th low will be critical for confirmation. Keep an eye on U.S. economic data and bond yields, which often influence gold sentiment.
XAU/USD Analysis Today (June 28, To 04 July 2025)XAU/USD Analysis Today (June 28, 2025)
As of June 28, 2025, the Gold Spot/US Dollar (XAU/USD) pair is trading around $3,295–$3,330, reflecting a corrective phase after recent volatility. Below is a detailed analysis of the current market dynamics, incorporating technical and fundamental factors, as well as sentiment from recent sources.
# Price and Market Overview
Current Price: Approximately $3,295–$3,330, with a slight downward bias following a recent peak near $3,450. The pair has been consolidating after a sharp decline triggered by easing geopolitical tensions.
Recent Performance: Gold fell by ~0.12%–0.42% in recent sessions, settling below the key $3,300 support level intraday, with volatility driven by U.S. economic data and Middle East developments.
Market Sentiment: The 14-day RSI is around 49.83–51.66, indicating neutral conditions, neither overbought nor oversold. Volatility over the past 30 days has been moderate at ~1.46%.
Technical Analysis
Support and Resistance Levels:
Support: Key support lies at $3,280–$3,240 (recent low and pivot point), with stronger support at $3,250 and $3,200 if selling pressure persists. A break below $3,280 could target $3,040–$3,100.
Resistance: Immediate resistance is at $3,300–$3,350, with a stronger barrier at $3,375–$3,400. A sustained break above $3,440 could signal a bullish reversal toward $3,488–$3,500.
Indicators:
Moving Averages: The 20-day EMA ($3,349.73) and 10-day EMA ($3,356.43) suggest a short-term sell signal, while the 50-day SMA ($3,323.61) and 100-day SMA ($3,162.10) indicate a buy signal, reflecting mixed trends. The 200-day SMA (~$2,919.95) supports a long-term bullish trend.
Chart Patterns: A bear flag pattern was noted on the 1-hour chart, signalling a continuation of the downtrend if $3,280 support fails. However, a potential reversal pattern is forming on the 15-minute chart near $3,313, suggesting a possible short-term bounce.
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
XAUUSD – Bearish Pressure Intensifies, New Lows in SightGold remains firmly within a well-defined descending channel, consistently forming lower highs and lower lows. After a breakout of the minor channel, price appears to be pulling back toward the 3,300 zone before potentially resuming its downtrend.
The temporary ceasefire between Iran and Israel and the US–China rare earth trade deal have dampened safe-haven demand, with capital rotating back into equities. At the same time, stable core PCE data supports the USD, adding further pressure on gold.
If price fails to hold above the 3,260 area, the next target lies near 3,218.
XAUUSD Bullish Reversal from Channel Support | Gold Buy SetupAnalysis Overview:
Gold has been trading inside a clearly defined descending channel (marked by the orange trendlines). After a strong bearish move, price has reached the lower boundary of this channel, which is acting as dynamic support.
Key Technical Details:
Descending Channel Support: XAUUSD has tested the lower trendline multiple times and is currently showing rejection wicks, suggesting potential exhaustion of selling pressure.
Demand Zone: The shaded horizontal area represents a prior consolidation and minor support level that aligns with the channel bottom, adding strong confluence.
Entry: Planned buy entry at the current level near channel support, anticipating a bounce.
Stop Loss: Placed below the recent swing low and outside the channel, to allow room for volatility while protecting against continuation of the downtrend.
Target: The mid-to-upper boundary of the descending channel, aiming for a favorable risk-reward ratio.
Market Context: The higher timeframe trend remains bearish overall, so this is a short-term reversal (counter-trend) setup within the channel structure.
Trade Plan Rationale:
Expecting a corrective move upward within the descending channel as price retests previous supply zones and dynamic resistance. This setup is based on:
Confluence of channel support and demand zone
Multiple rejection wicks showing buyers stepping in
Potential mean reversion towards the channel midpoint
Disclaimer:
This is my personal analysis on XAUUSD and not financial advice. Always do your own research and manage risk carefully.
Gold (XAU/USD) Bearish Trade Setup – June 27, 2025Entry Point: Around 3,300.98 USD
Stop Loss (SL): ~3,312.20 USD
Take Profit (TP): 3,229.33 USD
Current Price: 3,286.15 USD
Risk-Reward Ratio: ~1:6.3
(Potential reward ≈ 71.65 pts; risk ≈ 11.22 pts)
Technical Breakdown:
Trend:
The price is in a short-term downtrend, supported by:
Lower highs and lower lows.
Price trading below both 50 EMA (red) and 200 EMA (blue), confirming bearish momentum.
Bearish Breakout:
Price broke below a key support-turned-resistance zone near 3,300–3,302, triggering sell pressure.
Resistance Area:
Strong rejection at 3,302–3,312 zone, which is now acting as resistance.
SL is placed just above this zone to protect against false breakouts.
Target Zone:
TP set at 3,229.33, aligning with a previous support zone — a logical area for price to react.
Strategy Notes:
Bias: Bearish
Entry confirmation: Already triggered.
Risk Management: SL placement is tight and strategic; RR ratio is highly favorable.
Next support below TP: If 3,229 breaks, further downside could follow.
Summary:
This setup shows a well-defined bearish continuation with a clean break of support, a controlled SL above resistance, and a strong RR ratio. A suitable trade for trend-following strategies, but price must not retrace above 3,312 for this idea to remain valid.