Potential Breakdown with Retest or Reversal Zone –This chart represents a classic Double Top pattern, a bearish reversal signal indicating strong resistance around the 3,380 - 3,390 USD zone (marked with two white circles).
---
🔍 Key Zones and Levels:
1. Resistance Zone (~3,380 - 3,390 USD):
Price was rejected twice here.
Suggests strong selling pressure and buyer exhaustion.
2. Mid Support/Retest Zone (~3,337.857 USD):
Marked with a horizontal white line.
Could act as a short-term resistance if price retraces.
3. Demand Zone (~3,330 - 3,337 USD):
Highlighted green box: potential reversal/retest zone.
Bullish scenario: price bounces from here and heads back to retest resistance.
4. Current Price (~3,309.980 USD):
Price has broken below the demand zone and is approaching strong horizontal support.
5. Lower Support (~3,265 - 3,270 USD):
Highlighted with blue horizontal lines and purple arrows.
Could be the next bearish target if breakdown is confirmed.
---
🔄 Two Possible Scenarios:
📉 Bearish Continuation:
Price retests the broken demand zone (now resistance).
Rejects and forms a lower high.
Falls toward the lower support around 3,265–3,270 USD.
📈 Bullish Reversal:
Price reclaims the green demand zone.
Pushes above 3,337.857 USD level.
Heads back to retest the double top area (~3,380 USD).
---
✅ Conclusion:
The bias is currently bearish, supported by:
Double top formation.
Breakdown below key demand zone.
Momentum favoring further downside.
However, a bullish reversal is possible if price reclaims the 3,337 USD zone and shows strong bullish structure.
Commodities
Gold weakness continues, bears continue to exert force📰 Impact of news:
1. The streets of Los Angeles are full of "gunpowder smell"! Immigration protests escalate, and Trump sends troops to suppress them
2. Geopolitical situation
3. Federal Reserve political expectations
📈 Market analysis:
At present, the hourly moving average of gold price is spreading downward. At the same time, the 4H chart has retreated from a high and lost the middle track, breaking through the rising trend line. The low point of the trend line coincides with the middle track. Today's operation uses the low point of 3330-3335 as the critical point of strength and weakness. If the market rebounds below this range, you can just go bearish. If it breaks through this dividing point, you need to be cautious. On the whole, the recommended short-term operation strategy for gold today is to mainly short on rebound. Focus on the resistance of 3330-3340 on the upper side in the short term, and focus on the support of 3290-3280 on the lower side in the short term. The market fluctuates greatly, and stop loss is strictly controlled!
🏅 Trading strategies:
SELL 3325-3335
TP 3300-3290-3280
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
GOLD (XAU/USD) – 30M Trade Setup – June 9, 2025Bias: Short (Bearish Pullback Continuation Under $3,320)
SELL SETUP
Entry:
Below $3,309 (break of minor local support and confirmation of bearish continuation)
Stop-Loss (SL):
$3,324 (above recent local high and structure resistance)
Take-Profit 1 (TP1):
$3,290 (early June low – first demand area)
Take-Profit 2 (TP2):
$3,270 (stronger support + 1.618 extension zone)
Technical Confluence
MACD:
Bearish crossover active
Histogram turning red again after a short relief push
RSI:
Hovering around 47, rejected from the neutral 50–55 zone
Still in a bearish regime under the midline
Price Action:
Lower highs and lower lows forming
Last bullish candle rejected near $3,320
Bearish momentum holding after brief retrace
Risk Rating: Medium
Structure is clean, but risk of chop increases if price holds above $3,310
Watch for reaction at $3,309 — potential fakeout zone
Silver breakout: Bullish, but divergentIntraday Update: Silver is at the 127% extension of the March 28th highs to April 7th lows, RSI is divergent which may stall the rally, but dips back to the 35.50 level should find buyers now.
Keep in mind we trade well above the long term 61.8% retracement still at 35.48
GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,316.87
Target Level: 3,146.82
Stop Loss: 3,431.23
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
WILL EUR CONTINUE TO RALLY AHEAD OF THE IMPORTANT NFP DATA?EUR/USD – WILL EUR CONTINUE TO RALLY AHEAD OF THE IMPORTANT NFP DATA?
📈 EUR/USD IS AT A CRITICAL POINT AHEAD OF KEY ECONOMIC DATA
Amid the ongoing pressure on the US Dollar and macroeconomic factors supporting the Euro, EUR/USD might continue its short-term bullish trend. However, key data such as US CPI and central bank meetings could determine the direction for this currency pair moving forward.
🌍 Macroeconomic Overview & Market Sentiment
USD & DXY: The US Dollar continues to weaken due to signals from the Federal Reserve (Fed) that they are not in a hurry to cut interest rates. DXY has fallen below the 99 level, with macroeconomic factors showing a continued bearish trend for the USD.
Eurozone: The ECB (European Central Bank) is maintaining a slightly tight monetary policy. However, the Eurozone economy is showing signs of recovery, with positive data from the region.
US Economy: Forecasts for the US labor market data could impact the USD and lead to volatility in the EUR/USD pair. All attention is on the reports from the US this week.
📊 Technical Analysis (H1 – H4 – D1)
EMA 13/34/89/200: The EMA indicators on the H1 and H4 timeframes support the current bullish trend for EUR/USD in the short term. In particular, the EMA 13 and EMA 34 are crossing above the EMA 200, signaling a strong upward trend.
Wave Structure: EUR/USD is currently in a corrective wave after testing the strong resistance level at 1.1450. A recovery signal is emerging around the support level at 1.1380, which could present a buying opportunity in the short term.
Fibonacci Expansion: The Fibonacci extension levels at 1.1470 and 1.1490 could be the next targets if EUR/USD breaks through the 1.1400 resistance zone.
⚡ Key Levels to Watch
Resistance: 1.1450, 1.1470, 1.1490, 1.1500
Support: 1.1380, 1.1350, 1.1320, 1.1300
🧭 Trading Scenario
🔵 BUY ZONE: 1.1380 – 1.1365
SL: 1.1340
TP: 1.1420 → 1.1450 → 1.1470 → 1.1490
🔻 SELL ZONE: 1.1450 – 1.1460
SL: 1.1475
TP: 1.1420 → 1.1400 → 1.1370 → 1.1350
✅ Summary
EUR/USD is currently in a short-term bullish trend and could continue to rise if the support at 1.1365 holds. However, key economic data from the US, especially CPI and central bank meetings from the Fed and ECB, could impact the next direction for this pair. Traders should keep an eye on important support and resistance levels to identify safe trading opportunities.
Will the Trend Explode or Continue to Retrace? XAUUSD Trading Plan - Will the Trend Explode or Continue to Retrace? 🔥
📉 Current Situation:
Gold is currently undergoing a retracement after a strong increase at the beginning of the week. The market is being influenced by macroeconomic factors like the US-China trade negotiations and fluctuations in the US dollar. Gold may either continue its retracement or break out of the current price range.
🔧 Technical Analysis:
🔶 Key Levels:
🔶 Support Zone: 3,276.121 - 3,289.874. These zones are crucial in confirming the strength of the bullish trend.
🔶 Resistance Zone: 3,345.715, 3,363.845. If these levels are broken, gold could continue to rise sharply.
📊 Technical Indicators:
The Exponential Moving Averages (EMA) 13, 34, and 89 support the short-term bullish trend.
The trendline shows that the bullish trend is intact, but a slight correction may happen in the short term.
💼 Fundamental and Macro Analysis:
The US-China trade negotiations are the key drivers of market sentiment. If the negotiations yield positive news, gold could continue to rise. However, if concerns arise about tariffs or failed talks, gold could face pressure.
Key US economic indicators, such as PMI, GDP, and NFP, will play a crucial role in shaping the direction of the US dollar, and thus, the price of gold.
🎯 Trading Plan:
🔶 Buy Zone:
Entry Zone: 3,289.874 - 3,276.121
Stop Loss (SL): 3,269.000
Take Profit (TP):
TP 1: 3,302.000
TP 2: 3,317.000
TP 3: 3,327.000
TP 4: 3,340.000
🔶 Sell Zone:
Entry Zone: 3,345.715 - 3,363.845
Stop Loss (SL): 3,370.000
Take Profit (TP):
TP 1: 3,327.000
TP 2: 3,310.000
TP 3: 3,300.000
TP 4: 3,289.000
⚠️ Key Points to Watch:
🔒 Strong Support Zone: 3,289.874 represents a key support zone. If the price breaks below this level, we could see gold approach 3,276.121.
🔓 Strong Resistance Zone: 3,345.715 - 3,363.845 is the key resistance zone. If broken, gold could continue to rise to 3,380.000 or higher.
📈 Market Psychology:
Gold is in a retracement phase after a significant rise, but both technical and fundamental factors suggest that the bullish trend may continue. It is essential to closely monitor signals from the US-China trade negotiations and economic news affecting the US dollar.
💥 Conclusion:
Gold is in a retracement phase after a strong increase, but technical and fundamental factors indicate that a bullish recovery could be on the horizon. Prepare your trading plans based on key support and resistance levels.
📌 Good luck and happy trading to all!
Dollar - Still going for TargetAs mentioned in the video on Friday 2 min before NFP. We could run higher on the dollar and i didnt want it to take out the 4 hour candle as shown here.
Go back and see the video for reference. Link below
We should head towards the Target now and im still bearish dollar. Very Bearish
How to Use Fibonacci Extension for Effective ProfitHow to Use Fibonacci Extension for Effective Profit-Taking in Forex.
Fibonacci Extension is a powerful tool for identifying profit-taking levels in Forex, including XAU/USD trading. Here’s a concise, SEO-optimized guide to maximize your gains:
1. Understand Fibonacci Extension Levels
The 127.2%, 161.8%, and 261.8% extension levels predict price targets after a breakout, making them ideal for setting profit goals.
2. Identify Key Price Swings
Select swing low (e.g., 3.300 USD), swing high (e.g., 3.344.70 USD), and retracement low (e.g., 3.312.570 USD) on the chart.
3. Apply Fibonacci Extension
Draw from swing low to high, then extend from the retracement low. For example, 161.8% may project to approximately 3.360 USD.
4. Set Profit-Taking Targets
Conservative: Target 127.2% (e.g., 3.350 USD).
Aggressive: Aim for 161.8% (e.g., 3.360 USD), aligning with resistance levels.
5. Manage Risk
Place a stop-loss below the retracement low (e.g., 3.300 USD) and aim for a 1:2 risk-reward ratio.
6. Pro Tips
Combine with resistance, RSI, or volume; exit early if momentum fades. Update levels with new swings.
Leverage this strategy to optimize profits in volatile Forex markets like XAU/USD!
THE KOG REPORT THE KOG REPORT:
In last weeks KOG Report we said we would wait for the market to open and look for a reaction on the Red box and based on that reaction we would decide where we wanted to go and how to trade it! We immediately opened with a bounce which gave us the opportunity to then get on with the move upside as you can see in last weeks chart completing the move we wanted and the red box targets apart from 3406 (we got as far as 3404). We then identified the red box region we were expecting another RIP from and to the point we got the move down to complete the short. Please look at the chart, you will see how we picked the top, the bottom, and then the range trades within the circled levels with point to point, level to level trades all the way through the week.
A fantastic week in Camelot on not only Gold but all the other pairs we trade.
So, what can we expect in the week ahead?
Looking at the economic calendar there isn’t much going on in the early part of the week so there is potential here for the move to terminate just below before giving a bounce upside into the levels of 3330-35 which is the level to watch for the break this week. A rejection at that level can cause further declines taking us into the 3350 level and possibly 3230-25 before we form a swing low.
There is a flip here as stated above, and that is that 3330-35 region, if we break above there then bulls have that opportunity to drive this upside to clear the NFP move and take us back to target the 3400 level. It all depends on the reactions we get at the levels so we’ll start the week with the plan of action, and of course, in these markets we’ll adapt If we have to.
KOG’s bias of the week:
Bearish below 3336 with targets below 3306, 3299, 3297, 3285 and 3275
Bullish on break of 3336 with targets above 3345, 3350, 3355, 3367 and 3376
Red boxes:
Break above 3310 for 3320, 3332, if held above 3335, 3347 and 3362 in extension of the move
Break below 3306 for 3299, 3295, 3285, 3280 and 3264 in extension of the move
Many of our followers and traders have seen the power of the red boxes, Imagine this on your own TV screen, 4H for swing trading, 1H for day trading and 15min for scalping. Any pair on any chart 23hrs a day. Add to that the Knights indicator giving you swing points, key levels and retracement levels and our custom volume indicator telling you when to long, when to short and when to stand back from your trades.
LEARN AND GENERATE YOUR OWN SIGNALS. You don't need any of us to guide you.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
DeGRAM | GOLD forming the ascending wedge📊 Technical Analysis
● Price is coiling inside an ascending flag that is riding the new support line at 3 342; flag range compression after each pull-back signals energy for a thrust.
● The pattern sits above the old channel roof, turning the former resistance into a launch pad; measured move of the flag points to the next confluence at 3 435.
💡 Fundamental Analysis
● US jobless claims ticked up while 10-yr yields slipped under 4.30 %; lower carry costs and renewed Chinese reserve buying reported by Reuters keep dip-buyers active in bullion.
✨ Summary
Buy 3 330-3 350; flag break targets 3 435, stretch 3 500. Invalidate on a 4 h close < 3 245.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Gold Rejected at Resistance, Targets $3,305 & Below Gold ( OANDA:XAUUSD ) rose to $3,400, as I expected in my previous idea .
Gold is trading near the Resistance zone($3,387-$3,357) and has failed to break the resistance zone validly .
In terms of Elliott Wave theory , it seems that Gold has managed to complete the microwave 5 of the main wave C with the help of Expanding Ending Diagonal . It was a corrective Zigzag(ABC/5-3-5) structure .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect Gold to touch $3,305 after breaking the lower line of the ascending channel at the first target and then decline to the Support zone($3,281-$3,245) and Monthly Pivot Poin t.
Note: Stop Loss(SL)= 3394.000
Gold Analyze ( XAUUSD ), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD Analysis today : Drop to monthly support?XAUUSD with NFP breakdown from significant daily support price has dropped nearly to monthly support and may continue to drop to retest the monthly support? As there is a rejection from the monthly high and the market is almost nearly to monthly gap open, it is highly likely price may retest the monthly support.
As with new monthly open, we see price has retraced to the significant intra day resistance to retest the level 3328.00
As the market started to reject back to the major direction of the trend, it is mostly probable that the price may continue to drop to this long term support level
3289.32
USOIL:Wait 63.6-64 to go long
Affected by last week's data, crude oil directly broke through the short-term pressure 64, technical point of view of the daily track upward opening, 64.8 position basically can not hold, and once the break open the space for rise, the rise has just begun;
After breaking from the early continuous shock to a strong unilateral, the market will at least continue a wave of strength, pay attention to 63.6-64 range to do more, or the European market force to rise, the United States is also more, now is to see a strong break.
Trading Strategy:
BUY@63.6-64
TP: 65-65.2
↓↓↓ More detailed strategies and trading will be notified here ↗↗↗
↓↓↓ Keep updated, come to "get" ↗↗↗
What is a Fibonacci Sequence and Its Application in Forex?What is a Fibonacci Sequence?
The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones, typically starting with 0 and 1 (e.g., 0, 1, 1, 2, 3, 5, 8, 13, 21, ...). In trading, the Fibonacci retracement levels are derived from key ratios (23.6%, 38.2%, 50%, 61.8%, and 100%) based on this sequence. These levels are used to identify potential support and resistance zones where price reversals or continuations may occur.
Application in Forex
In Forex trading, Fibonacci retracement is a popular technical analysis tool applied to chart price movements to predict future price action:
- Identifying Support and Resistance**: Traders draw Fibonacci levels between a significant high and low on a chart. For example, after a price drop, the 61.8% retracement level often acts as support where the price might bounce back.
- Entry and Exit Points**: Forex traders use these levels to determine optimal entry points (e.g., buying near a 50% retracement) or exit points (e.g., taking profit near a 23.6% retracement after a rally).
- Stop-Loss and Take-Profit**: Fibonacci levels help set stop-loss orders below support (e.g., below 61.8%) or take-profit targets near resistance (e.g., 38.2% or 50%).
- Trend Confirmation**: In a downtrend, if the price retraces to the 38.2% level and resumes falling, it confirms the bearish trend. Conversely, a break above this level in an uptrend may signal bullish momentum.
Example in Practice
On the XAU/USD chart, if the price drops from 3.344.70 USD to 3.312.570 USD, Fibonacci levels can be plotted. The 38.2% retracement might fall around 3.330 USD, serving as a potential support zone for traders to watch.
Did Gold Just Sweep the Low for a Reversal?After a clean sweep of the Previous Day’s Low (PDL) on XAUUSD, price reacted sharply, grabbing liquidity and signaling a possible shift in order flow. This forms the first pillar of my CRT model (Candle Range Theory) : Sweep, Break, Retest .
Following the sweep, we observed a strong Break of Structure (BOS) , indicating bullish intent. We will then wait for price to retrace back to a FVG at a discount, and then execute the trade.
The stop loss was logically placed just beneath the PDL sweep and FVG zone, protecting against deeper liquidity hunts. Take profit targets the next high where resting buy-side liquidity is likely to be engineered.
This setup checks all the boxes:
Sweep of PDL ✅
BOS confirming shift ✅
FVG retest for refined entry ✅
Solid RR and clean narrative ✅
This is a great example of how patience and a structured approach can create high-probability setups.
WTI Oil H1 | Falling toward a pullback supportWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 63.76 which is a pullback support that aligns with the 23.6% Fibonacci retracement.
Stop loss is at 62.70 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement.
Take profit is at 65.44 which is a resistance that aligns with the 78.6% Fibonacci projection.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
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Gold H4 market update trading in well defined range📉 Gold Holds Steady: Prices are hovering around $3,310–$3,330/oz, restrained by mild USD strength and U.S.–China trade optimism.
🤝 Trade Talks Influence: Rising optimism ahead of U.S.–China discussions has reduced safe-haven demand, keeping gold subdued.
📊 Technical Watch: Gold is testing the $3,300 mark, with support around the 20‑day SMA—failure to hold could spark a dip toward $3,265.
🔮 Resistance Challenge: Bulls face a tough fight near $3,350–$3,377; a breakout above this could clear the path to $3,500.
💼 U.S. Labor Data: Recent strong jobs numbers (May +139k) have tempered expectations of early rate cuts, supporting the USD and pressuring gold.
💰 ETF & Investment Trends: ETF inflows remain firm; a recent Kitco survey shows mainstream and retail investors growing more bullish.
🌍 Safe‑Haven Sentiment: Geopolitical and economic uncertainties (e.g., trade, weak U.S. data) continue to lend underlying support to gold.
⚖ Range-Bound Near Term: Expect consolidation between $3,300–$3,350 as markets await U.S. CPI and further trade news.
📉 Bearish Short‑Term Bias: Syndicate notes a neutral-to-bearish setup—momentum indicators like RSI and stochastics remain soft.
🏠 Med-Term Outlook Bullish: Despite near-term volatility, fundamentals and technical trends favor a gradual climb toward $3,500+ this year.
📊 Technical Outlook Update
🏆 Bull Market Overview
▪️pullback in progress currently
▪️3500 USD heavy resistance
▪️Re-accumulation in progress now
▪️focus on buying low selling high
▪️Expect re-accumulation into June
▪️Downside capped by 3 200 USD
▪️short-term expecting range action
▪️Bulls still maintain strategic control
⭐️Recommended strategy
▪️Accumulate in range
▪️Closer to 3.2K S/R zone
▪️Bears focus on selling high
Gold Price XAU/USD: Downtrend and OpportunitiesGold FX:XAUUSD Price XAU/USD Analysis Today: Downtrend Signals, What Opportunities for Investors? Updated at 13:57 on 09/06/2025 (+07) - The 1-hour trading view chart for the XAU/USD (Gold Spot / U.S. Dollar) pair indicates that gold prices are experiencing a significant decline, drawing attention from investors. Let’s dive into a detailed analysis of the current trend and short-term outlook based on the latest data.
Current Gold Price and Recent Movements According to the chart, the spot gold price is currently fluctuating around 3.322.44 USD/ounce, down 0.24% in the latest trading session (as of 13:56 UTC-7). The highest point in the past hour reached 3.323.020 USD, while the lowest was 3.312.570 USD. A clear downtrend began from a local peak near 3.344.70 USD, with dominant red candlesticks reflecting strong selling pressure.
Technical Analysis Support and Resistance: The nearest support level is around 3.300 USD, where the price may find buying interest to rebound. The next key resistance level is 3.350 USD, a threshold that the price has failed to break in the recent session. If selling pressure persists, a deeper support level could be 3.280 USD. Trading Volume: Trading volume spiked during the decline, particularly between 6 AM and 7 AM (UTC), indicating significant participation from investors offloading their positions. Market Momentum: The price is currently below the short-term moving average, signaling a bearish trend in the short term. However, if the price holds above 3.300 USD, it could open opportunities for a recovery toward 3.330-3.350 USD. Factors Influencing Gold Prices Recent U.S. economic data, particularly the non-farm payrolls report, may be the primary driver behind the pressure on gold prices. A stronger U.S. dollar and rising bond yields have reduced gold’s appeal. Additionally, global market sentiment, including geopolitical factors and the upcoming CPI data release on June 11, 2025, will also impact the next trend.
Outlook and Investment Suggestions Short-Term: With the current decline, investors might consider buying in the support zone of 3.300 USD if reversal signals appear (e.g., a strong bullish candlestick or increased buying volume). However, caution is advised if the price breaks below 3.280 USD. Long-Term: The bullish trend for gold remains intact due to demand from central banks and its role as a safe-haven asset. This could be an opportunity to accumulate if the price corrects further. Conclusion The XAU/USD gold price is facing downward pressure in today’s trading session, but the 3.300 USD support level is a critical point to watch closely. Investors should combine technical analysis with economic news to make informed decisions. Stay updated regularly to seize opportunities in this volatile market!
SEO Keywords: Gold price today, XAU/USD analysis, gold price forecast 2025, gold investment, gold support and resistance, latest gold news.
Gold on Watch: Rebound or Just Another Dip?Hey traders, let’s take a closer look at what’s happening with gold this week.
After multiple failed attempts to break above the 3,385 USD resistance, XAUUSD has continued to retreat, searching for fresh momentum. As the new week begins, price action is hovering around the psychological 3,330 USD level, with no clear signs of a bottom yet.
At the moment, gold remains under pressure, weighed down by the U.S. dollar’s strength in global markets. Still, weekly sentiment among analysts is split: 7 are bullish, 6 are bearish, and 1 expects prices to hold steady.
Retail traders, however, seem more optimistic. In a recent online poll of 256 participants, 66% predicted gold would rise, 15% saw a drop, and the rest expected sideways movement.
All eyes are now on upcoming economic news that could tip the scales. Personally, I'm leaning toward a recovery — how about you?
XAUUSD H4 I Bearish ReversalBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at 3327.70, which is a pullback resistance aligning with a 38.2% Fibo retracement.
Our take profit will be at 3286.88, a pullback support level.
The stop loss will be placed at 13363.76, an overlap resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com/uk ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com/en ):
Losses can exceed deposits.
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Heatwaves and Wheat: How Temperature Shocks Hit Prices🌾 Section 1: The Wheat–Weather Connection—Or Is It?
If there’s one crop whose success is often tied to the weather forecast, it’s wheat. Or so we thought. For decades, traders and analysts have sounded the alarm at the mere mention of a heatwave in key wheat-producing regions. The logic? Excessive heat during the growing season can impair wheat yields by disrupting pollination, shortening the grain-filling period, or damaging kernel development. A tightening supply should lead to price increases. Simple enough, right?
But here’s where the story takes an unexpected turn.
What happens when we actually analyze the data? Does heat reliably lead to price spikes in the wheat futures market? The short answer: not exactly. In fact, our statistical tests show that temperature may not have the consistent, directional impact on wheat prices that many traders believe it does.
And that insight could change how you think about risk, seasonality, and the role of micro contracts in your wheat trading strategy.
📈 Section 2: The Economics of Wheat—And Its Role in the Futures Market
Wheat isn’t just a breakfast staple—it’s the most widely grown crop in the world. It’s cultivated across North America, Europe, Russia, Ukraine, China, and India, making it a truly global commodity. Because wheat is produced and consumed everywhere, its futures markets reflect a wide array of influences: weather, geopolitics, global demand, and speculative positioning.
The Chicago Board of Trade (CBOT), operated by CME Group, is the main venue for wheat futures trading. It offers two primary wheat contracts:
Standard Wheat Futures (ZW)
Contract Size: 5,000 bushels
Tick Size: 1/4 cent per bushel (0.0025) has a $12.50 per tick impact
Margin Requirement: Approx. $1,700 (subject to change)
Micro Wheat Futures (MZW)
Contract Size: 500 bushels (1/10th the size of the standard contract)
Tick Size: 0.0050 per bushel has a $2.50 per tick impact
Margin Requirement: Approx. $170 (subject to change)
These micro contracts have transformed access to grain futures markets. Retail traders and smaller funds can now gain precise exposure to weather-driven moves in wheat without the capital intensity of the full-size contract.
🌡️ Section 3: Weather Normalization—A Smarter Way to Measure Impact
When analyzing weather, using raw temperature values doesn’t paint the full picture. What’s hot in Canada might be normal in India. To fix this, we calculated temperature percentiles per location over 40+ years of historical weather data.
This gave us three weekly categories:
Below 25th Percentile (Low Temp Weeks)
25th to 75th Percentile (Normal Temp Weeks)
Above 75th Percentile (High Temp Weeks)
Using this approach, we grouped thousands of weeks of wheat futures data and examined how price returns behaved under each condition. This way, we could compare a “hot” week in Ukraine to a “hot” week in the U.S. Midwest—apples to apples.
🔄 Section 4: Data-Driven Temperature Categories and Wheat Returns
To move beyond anecdotes and headlines, we then calculated weekly percent returns for wheat futures (ZW) for each of the three percentile-based categories.
What we found was surprising.
Despite common assumptions that hotter weeks push wheat prices higher, the average returns didn’t significantly increase during high-temperature periods. However, something else did: volatility.
In high-temp weeks, prices swung more violently — up or down — creating wider return distributions. But the direction of these moves lacked consistency. Some heatwaves saw spikes, others fizzled.
This insight matters. It means that extreme heat amplifies risk, even if it doesn't create a reliable directional bias.
Traders should prepare for greater uncertainty during hot weeks — an environment where tools like micro wheat futures (MZW) are especially useful. These contracts let traders scale exposure and control risk in turbulent market conditions tied to unpredictable weather.
🔬 Section 5: Statistical Shock—The t-Test Revelation
To confirm our findings, we ran two-sample t-tests comparing the returns during low vs. high temperature weeks. The goal? To test if the means of the two groups were statistically different.
P-Value (Temp Impact on Wheat Returns): 0.354 (Not Significant)
Conclusion: We cannot reject the hypothesis that average returns during low and high temp weeks are the same.
This result is counterintuitive. It flies in the face of narratives we often hear during weather extremes.
However, our volatility analysis (using boxplots) showed that variance in returns increases significantly during hotter weeks, making them less predictable and more dangerous for leveraged traders.
🧠 Section 6: What Traders Can Learn from This
This analysis highlights a few key lessons:
Narratives aren’t always backed by data. High heat doesn’t always mean high prices.
Volatility increases during weather stress. That’s tradable, but not in the way many assume.
Risk-adjusted exposure matters. Micro wheat futures (MZW) are ideal for navigating weather-driven uncertainty.
Multi-factor analysis is essential. Weather alone doesn’t explain price behavior. Global supply chains, speculative flows, and other crops’ performance all play a role.
This article is part of a growing series where we explore the relationship between weather and agricultural futures. From corn to soybeans to wheat, each crop tells a different story. Watch for the next release—we’ll be digging deeper into more effects and strategies traders can use to capitalize on weather.
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer:
The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.