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
GOLDMINICFD trade ideas
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
Gold Slips Sharply Ahead of Key US DataGold (XAUUSD) kicked off the week with a steep decline, currently hovering around $3,345 — down over 200 pips from the session’s open. This move unfolds just ahead of a series of major US economic releases, including PMI figures, Q1 GDP, and most importantly, the Core PCE Index — the Fed’s preferred inflation gauge.
Markets are anticipating that Core PCE will remain elevated, reinforcing the case for prolonged high interest rates, which in turn adds pressure on safe-haven assets like gold.
From a technical perspective, the short-term chart has just formed a price GAP. If buyers capitalize on this setup, there’s a potential opportunity to target a gap fill. However, bearish pressure remains strong. If any recovery fails to break above the $3,389 resistance zone, traders should consider sticking with the prevailing downtrend.
Wishing you a successful trading day ahead!
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.
Gold (XAU/USD) 4H Chart – Technical Analysis:Gold (XAU/USD) 4H Chart – Short Analysis:
Current Price: $3,350.765
Trend: Sideways/Range-bound since mid-June
Resistance: Around $3,400 – $3,420
Support: Around $3,320 – $3,300
Recent Action: Price rejected from $3,400 zone and dropped, showing near-term bearish momentum.
Bias: Cautiously Bearish in short term unless price breaks above $3,400 with volume.
Next Watch: U.S. economic data (noted by flags) may trigger volatility.
📌 Strategy Idea:
Below $3,340 = short scalping possible
Above $3,400 = consider buy with confirmation
Range traders can trade between $3,300–$3,400 until breakout.
Buy/Sell target setup for XAU/USD (Gold) on the 4H chart based on current price action near $3,350:
🔴 Sell Setup
Entry (Sell Below): $3,340
Target 1: $3,320
Target 2: $3,300
Stop Loss: $3,360
✅ Reason: Price rejected near $3,400, showing short-term bearish momentum. If it breaks below $3,340 support, next key levels are $3,320 and $3,300.
🟢 Buy Setup
Entry (Buy Above): $3,370
Target 1: $3,390
Target 2: $3,410
Stop Loss: $3,345
✅ Reason: If price breaks above the recent consolidation and closes above $3,370, bullish momentum may resume toward $3,400+ zone.
📌 Range Play (Low Risk Traders):
Buy near: $3,300–$3,320 (support zone)
Sell near: $3,390–$3,400 (resistance zone)
Gold Trading Stategy for 24th June 2025📈 GOLD INTRADAY TRADE STRATEGY
🟢 BUY SETUP
Entry Trigger: Buy only if price closes above the high of a 15-minute candle and sustains above ₹3396.
Targets:
🎯 Target 1: ₹3408
🎯 Target 2: ₹3420
🎯 Target 3: ₹3432
Stop Loss: Below ₹3385 (or below candle low – manage as per your risk)
🔴 SELL SETUP
Entry Trigger: Sell only if price closes below the low of a 15-minute candle and breaks below ₹3347.
Targets:
🎯 Target 1: ₹3338
🎯 Target 2: ₹3326
🎯 Target 3: ₹3317
Stop Loss: Above ₹3360 (or above candle high – manage as per your risk)
⚠️ DISCLAIMER
📌 This analysis is for educational and informational purposes only.
📊 Trading in commodities involves significant risk and may not be suitable for all investors.
💼 Always do your own research and consult your financial advisor before making any trading decisions.
💰 Use strict risk management and avoid over-leveraging.
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. 🎯
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.
Gold Spot (XAU/USD) 4H Technical Analysis – Bulls Defending Key🔥Gold Spot (XAU/USD) 4H Technical Analysis – Bulls Defending Key Support!🛡️📊
📅 Date: June 23, 2025
⏱️ Timeframe: 4H
💱 Pair: XAU/USD (Gold vs US Dollar)
📉 Current Market Structure:
Gold is currently hovering around a critical support zone near $3,365 – $3,388, marked in blue. The price has shown repeated bullish rejections (green arrows) from this zone, indicating strong buyer interest.
🔍 Key Levels:
🔵 Support Zone (Demand Area):
$3,365 – $3,388 → Holding firm, tested multiple times
Buyers are actively defending this level
A break below may lead to bearish continuation
🔴 Immediate Support Levels:
$3,341
$3,294
$3,242 (major fallback support)
🟡 Resistance Zones (Supply Area):
$3,402 (recent rejection point)
$3,427
$3,449
$3,495 (major swing high)
📈 Market Outlook:
✅ Bullish Bias as long as price holds above the $3,365–$3,388 support range
❗However, price is consolidating within a tight range, awaiting breakout confirmation
🔄 Scenarios to Watch:
Bullish Breakout: Above $3,402 may trigger a move toward $3,427–$3,495 🚀
Bearish Breakdown: Below $3,365 could lead to a drop toward $3,294–$3,242 🔻
📊 Conclusion:
Gold remains in a range-bound structure with bulls currently defending a critical zone. A breakout in either direction will determine the next leg of momentum. Stay alert for volume spikes and candlestick confirmations! 🧐📌
💬 "Support is tested, pressure is building – the breakout could be explosive!"
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📍Trade Safe & Stay Informed!
Gold 28 points profit booked today buy on dip newr supportHow 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
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.
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.
Fibonacci extension, sell gold 3375Plan XAU day: 23 June 2025
Related Information:!!!
Gold price (XAU/USD) maintains its bearish tone during the first half of the European session, although it lacks strong momentum due to mixed fundamental signals. The US attack on Iran’s nuclear facilities on Sunday increases the risk of a wider conflict in the Middle East and reinforces the US Dollar's (USD) position as the global reserve currency. In addition, the Federal Reserve’s (Fed) hawkish stance is seen as another factor supporting the greenback and putting downward pressure on the non-yielding yellow metal.
personal opinion:!!!
Gold price recovered and continued to accumulate, using extended fibonacci to find selling points to adjust wave 4 on H1 frame
Important price zone to consider : !!!
SELL point: 3375 zone
Sustainable trading to beat the market