📊 Technical Analysis of XAU/USD (Gold vs USD) – 4H Chart
📅 Date: June 19, 2025 | ⏰ Timeframe: 4-Hour | 💰 Instrument: Gold Spot / U.S. Dollar (XAU/USD)
🔍 Trend Overview
The chart shows Gold trading within a well-defined ascending parallel channel, indicating a bullish medium-term structure.
Upper Bound Resistance: ~3,455.39
Lower Bound Support: Rising channel line
Current Price: 3,372.64
🧭 Key Technical Zones
📌 Support Zone (Demand Area):
Marked in green/blue horizontal zone (~3,348–3,361), coinciding with:
Lower boundary of the ascending channel
200 EMA (3,320.50)
Previous price reaction levels
📌 Resistance Zone (Target):
Identified around 3,455.39, aligning with previous swing highs (marked with red arrows).
📈 Moving Averages
EMA 50 (Short-term): 3,376.90 🔴
→ Price currently testing this level from below
EMA 200 (Long-term): 3,320.50 🔵
→ Bullish alignment with EMA 50 above EMA 200
🔄 Price Action & Projections
✅ Support Bounce: Price recently tapped the lower channel & demand zone (green arrow), hinting at a potential bullish reversal.
📈 Bullish Scenario (Blue Path):
Bounce from support could lead to a rally toward the target at 3,455.39
Channel structure favors this continuation unless support fails
📉 RSI Analysis (Momentum Indicator)
RSI (14): 44.76 🔻
Below 50, indicating weakening momentum
However, possible bullish divergence setup if price rallies off the support zone
🧠 Conclusion & Strategy
✅ Bullish Bias as long as the price holds above the 3,348–3,361 support zone and the channel remains intact.
🎯 Target: 3,455.39
📛 Invalidation: A break below 3,320.50 (200 EMA) may shift sentiment to bearish.
🔖 Pro Tips
Watch for a bullish candlestick pattern confirmation around current levels before entering.
Set tight stop-loss just below the lower channel to manage risk.
📅 Date: June 19, 2025 | ⏰ Timeframe: 4-Hour | 💰 Instrument: Gold Spot / U.S. Dollar (XAU/USD)
🔍 Trend Overview
The chart shows Gold trading within a well-defined ascending parallel channel, indicating a bullish medium-term structure.
Upper Bound Resistance: ~3,455.39
Lower Bound Support: Rising channel line
Current Price: 3,372.64
🧭 Key Technical Zones
📌 Support Zone (Demand Area):
Marked in green/blue horizontal zone (~3,348–3,361), coinciding with:
Lower boundary of the ascending channel
200 EMA (3,320.50)
Previous price reaction levels
📌 Resistance Zone (Target):
Identified around 3,455.39, aligning with previous swing highs (marked with red arrows).
📈 Moving Averages
EMA 50 (Short-term): 3,376.90 🔴
→ Price currently testing this level from below
EMA 200 (Long-term): 3,320.50 🔵
→ Bullish alignment with EMA 50 above EMA 200
🔄 Price Action & Projections
✅ Support Bounce: Price recently tapped the lower channel & demand zone (green arrow), hinting at a potential bullish reversal.
📈 Bullish Scenario (Blue Path):
Bounce from support could lead to a rally toward the target at 3,455.39
Channel structure favors this continuation unless support fails
📉 RSI Analysis (Momentum Indicator)
RSI (14): 44.76 🔻
Below 50, indicating weakening momentum
However, possible bullish divergence setup if price rallies off the support zone
🧠 Conclusion & Strategy
✅ Bullish Bias as long as the price holds above the 3,348–3,361 support zone and the channel remains intact.
🎯 Target: 3,455.39
📛 Invalidation: A break below 3,320.50 (200 EMA) may shift sentiment to bearish.
🔖 Pro Tips
Watch for a bullish candlestick pattern confirmation around current levels before entering.
Set tight stop-loss just below the lower channel to manage risk.
Market Analysts, Mentor, Forex Trader.
XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority
t.me/ITCSMCTradingStrategies
XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority
t.me/ITCSMCTradingStrategies
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Market Analysts, Mentor, Forex Trader.
XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority
t.me/ITCSMCTradingStrategies
XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority
t.me/ITCSMCTradingStrategies
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.