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GOLD falls after Trump's statement, but skepticism remainsOn Tuesday (June 24) in the Asian market, spot OANDA:XAUUSD continued to decline. The current price of gold is around 3,340 USD/ounce, down sharply by about 30 USD. Gold traders are awaiting congressional testimony from Fed Chairman Jerome Powell as the ceasefire between Iran and Israel takes place. On Monday evening local time, US President Trump announced that Israel and Iran have reached a complete agreement to achieve a comprehensive ceasefire. After Trump announced the news, spot gold prices fell sharply by more than 30 USD in the early morning trading session in Asia on Tuesday, which lasted until the time of writing. Federal Reserve Chairman Jerome Powell will deliver his semiannual monetary policy report before the House Financial Services Committee on Tuesday. Looking ahead, all eyes will be on Federal Reserve Chairman Jerome Powell’s two-day congressional testimony starting on Tuesday for fresh clues on the timing of the next rate cut. The market is now pricing in a 21% chance of a Fed rate cut next month, up from a 14.5% chance on Friday, according to CME Group’s FedWatch tool. Additionally, markets will continue to closely monitor the Iran-Israel conflict to see if the ceasefire can hold. The Israeli military continues to report that Iran has launched ballistic missiles into Israel. Technical Outlook Analysis OANDA:XAUUSD Gold is down and operating around the EMA21 moving average and technically, gold is currently in the best support area. Specifically, gold is operating at the EMA21, the technical indicator is noted as an important support for the short-term uptrend, followed by the horizontal support of 3,320 USD. Combined with the price action position, the Relative Strength Index (RSI) is above 50, and 50 is now acting as a support in terms of momentum for the possibility of price increase. However, if gold sells below the 0.382% Fibonacci retracement level, it could be bearish, with the next target being the 0.50% Fibonacci retracement level at $3,228. Therefore, the area of ​​the $3,300 base point is a very important support area for the long-term uptrend. Intraday, with the current position, gold can still increase in price with the short-term target at $3,371 followed by the $3,400 base point. Notable positions will also be listed as follows. Support: $3,300 – $3,292 Resistance: $3,350 – $3,371 SELL XAUUSD PRICE 3407 - 3405⚡️ ↠↠ Stop Loss 3411 →Take Profit 1 3399 ↨ →Take Profit 2 3393 BUY XAUUSD PRICE 3304 - 3306⚡️ ↠↠ Stop Loss 3300 →Take Profit 1 3312 ↨ →Take Profit 2 3318
OANDA:XAUUSD
by Xayah_trading
1
High Probability BUY Zone at The Edge📍 XAUUSD – High Probability BUY Zone at The Edge Gold is currently reacting at a high probability BUY area, supported by multiple technical confluences: ✅ $3,300 Round Number: Psychological level and historical reaction zone ✅ Completion of 2nd Bearish Leg: A classic two-leg correction often signals exhaustion ✅ Retest of Uptrend Boundary: Long-term ascending trendline that has supported price since March 📌 Entry: Current price zone 🎯 TP1: Local highs ($3,353) 🎯 TP2: Mid-channel or upper resistance zone ($3,398) ❌ SL: 3263 This is a textbook trend continuation setup — the structure remains bullish unless proven otherwise. Wait for confirmation or manage your risk accordingly. — #XAUUSD #Gold #ForexTrading #MJTrading #TechnicalAnalysis #BuyZone #SwingTrade #SupportZone #TrendlineSupport #SmartMoney #PriceAction #ForexSignals #CommodityTrading #MarketStructure #RiskReward #ChartSetup #ForexCommunity
PEPPERSTONE:XAUUSDLong
by MJElahifx
Everybody loves Gold Part 5Keeping it steady and reasonable Part 5 weekly path is as shown. Here's a breakdown of trading dynamics: 1. Expecting price to break past green line, level of significance (LOS) for continuation down 2. Price might bounce back for which; will be looking for a continuation from +50/+100 or +150pips to the downside 3. Will be looking for double tops/bottom along the way: Last week saw classic double top formed around level of significance (LOS) As always price action determines trades
PEPPERSTONE:XAUUSDShort
by PinchPips
GoldKey Data Points: Current Price: 3,309.065 USD Open: 3,358.435 USD High: 3,363.900 USD Low: 3,307.295 USD Change: +1.77% (+59,760 points) Volume: Not explicitly stated but implied by "1B" (likely 1 billion units). Price Action & Technical Observations: Trend: The price is currently below the open (3,309.065 vs. 3,358.435), suggesting a pullback after an intraday high of 3,363.900. The +1.77% daily gain indicates overall bullish momentum, but the candle shows rejection near highs (wick formation). Support/Resistance Levels: Resistance: Immediate: 3,362–3,375 USD (previous highs/profit targets). Strong: 3,406–3,425 USD (key profit levels). Support: Immediate: 3,288–3,265 USD (labeled "Entity" and "Profit" zones). Strong: 3,250 USD (psychological level). Profit Targets: The chart marks three profit-taking levels: 3,323 USD (minor), 3,362 USD (mid), 3,406 USD (major). This suggests traders are eyeing these levels for potential reversals or take-profit actions. Volume & Momentum: The "+59,760" change with "1B" volume implies strong buying interest, but the long upper wick hints at selling pressure near highs. Potential Scenarios: Bullish Continuation: If price holds above 3,288–3,265 USD, a retest of 3,362–3,406 USD is likely. Bearish Reversal: A break below 3,265 USD could trigger a drop toward 3,250–3,225 USD.
OANDA:XAUUSDLong
by Tdawly_Official
BREAKOUT SOON | $3700 - $3800 As illustrated, I’m visualising the next potential bullish continuation impulse that would take gold near the $4000 projected price. In this idea, the path projected is based on the breakout of a rising symmetrical triangle that price formed; a strong bullish pattern that tends to be very effective when price successfully breaks out with strength. On a fundamental aspect, things continue to hold the yellow metal on a positive route to maintain its bullish momentum and direction. Fed rates decision is getting close, and that is just the tip of the iceberg that’s going to move gold to record highs within weeks. A key and major pivot area is near the $3200 - $3250 price range; so it’s possible we have one more attempt to break $3200. — GOOD LUCK persaxu
VANTAGE:XAUUSDLong
by PersaGold
3
Oil Price: Breakout or Fakeout? Watch This Zone Closely Technical Overview: The current price action is testing the upper boundary of a descending wedge, a bullish reversal pattern. The recent strong green candle indicates a potential breakout attempt, yet price is hovering near a critical resistance level at $74.20 (Fib 0.5). Key levels from the Fibonacci retracement are: 🔼 Resistance at $74.20 (0.5), then $78.16 (0.618) 🧲 Local support at $69.78 (0.382) 🛡️ Strong demand zone near $63.81 (0.236) if rejection occurs Structure + Patterns: Price has been compressing inside a falling wedge, which statistically resolves to the upside. The breakout candle broke above the 20 EMA and touched the upper wedge resistance — signaling a decision point. Volume is rising on bullish candles — initial confirmation of buyer interest, but not yet decisive. Scenarios to Watch Bullish Case: Break and close above $74.20 on higher volume → likely move toward $78–$86 resistance zone. Confirmation of wedge breakout could trigger trend reversal, aligning with bullish fib levels. Momentum could accelerate if macro factors support demand (see geopolitics below). Bearish Case: Failure to close above $74.20 = fakeout risk → price may reject down to $69.78 or even retest $63.81. Bearish rejection wick on the daily/4H would be an early signal. Macro & Geopolitical Factors to Monitor: Middle East Tensions: Any escalation (especially around Iran or shipping lanes) could spike oil due to supply fears. US Strategic Reserves & Elections: Moves to refill reserves or control inflation could support demand. China Demand Recovery: Data showing improved industrial output or stimulus from PBoC may strengthen global oil outlook. Final Thoughts: Price is at a pivot zone — breaking this wedge with strength could shift the short-to-midterm trend. Until then, this remains a "show me" breakout . Watch how the next 1–2 weekly candles close around the $74–$75 area to confirm direction.
NYMEX:CL1!Long
by SheTradesHub
War breaks out again? The latest analysis and layout of gold📰 Impact of news: 1. The ceasefire agreement reached earlier did not take effect, and Trump believed that both sides violated the agreement 2. Federal Reserve Chairman Powell delivered a speech 3 hours later 📈 Market analysis: At the 4H level: the Bollinger Band opening is enlarged, the MACD indicator double-line death cross is downward, the short-selling force is strengthened, but the RSI indicator rebounds after being oversold. Overall, there are obvious signs of a rebound in gold prices. At the hourly level: the gold price is in a downward channel, the Bollinger Bands are expanding, the MACD indicator is dead cross and the red bars are converging, and the short momentum has weakened. The RSI indicator rebounds from oversold, and the demand for spot gold rebounds is obvious. Therefore, we still hold long orders near 3320 in the short term. Short-term operation suggestion: go long when it stabilizes at 3325-3315, pay attention to the resistance range of 3370-3380 on the upside, and consider shorting when encountering resistance and pressure. 🏅 Trading strategies: BUY 3325-3315 TP 3335-3345-3365 SELL 3370-3380 TP 3340-3330 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. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDLong
by AllenBoswell-2
GOLD Will Go Higher! Long! Here is our detailed technical review for GOLD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 3,326.73. The above observations make me that the market will inevitably achieve 3,359.56 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. 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 subscribe and comment my ideas if you enjoy them!
TRADENATION:XAUUSDLong
by SignalProvider
1
Weakness continues, continue to short the bear market📰 Impact of news: 1. Pay attention to Powell's speech in New York 2. Pay attention to geopolitical influence 📈 Market analysis: Gold opened lower and showed a weak situation. The 1H moving average was arranged downward. In the short term, bears still occupied the main trend. From the 4-hour analysis of gold, the bulls still had repeated resistance before breaking down. Once it breaks down, the market will go further bearish. Pay attention to 3330 below. 3400 is still the key above in the short term. Only by breaking through the bulls can the rebound continue. In terms of operation, high-altitude and low-long are temporarily maintained. Pay attention to the short-term resistance of 3355-3365 above, and the support of 3340-3330 below. Pay attention to the breakthrough! Pay attention to Powell's speech in the New York session. 🏅 Trading strategies: SELL 3370-3365-3355 TP 3340-3330 BUY 3340-3335-3320 TP 3345-3355-3365 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
OANDA:XAUUSDShort
by AllenBoswell-2
XAUUSD: Key Reversal Zone or Deeper Correction Ahead?XAUUSD: Key Reversal Zone or Deeper Correction Ahead? Gold enters the new trading week balancing on a technical and macroeconomic knife’s edge. After a steep decline, prices are testing critical liquidity zones — just as geopolitical tensions and US economic uncertainty intensify. 🌍 Macro & Fundamental Outlook 📰 Middle East Tensions Rising Again: Israel has signaled potential strikes on Tehran after Iran allegedly violated a ceasefire agreement. Such developments usually support gold as a safe-haven asset. 📊 US Economic Signals Are Mixed: Last week’s PMI and housing data point toward an economic slowdown. If this week’s Core PCE data softens, expectations for a Fed rate cut in September will grow — likely weakening the USD and lifting gold. 🏦 Global Demand for Gold Still Strong: Central banks, particularly from China and India, are continuing their gold accumulation, reinforcing long-term bullish fundamentals. 📉 Technical Analysis (H1–H4) Gold is still trading within a downward channel but is now approaching a strong demand zone around 3276, a level that has triggered rebounds in the past. EMA 34 – 89 – 200 indicate bearish momentum, but RSI is showing bullish divergence — hinting at a possible reversal or short-term bounce. Price action around key support and resistance levels will be crucial this week. ✅ XAUUSD Trade Setup BUY ZONE: 3278 - 3276 | SL: 3270 | TP: 3282 - 3286 - 3290 - 3294 - 3298 - 3302 - 3305 - 3310 SELL ZONE: 3367 - 3369 | SL: 3375 | TP: 3364 - 3360 - 3356 - 3352 - 3348 - 3344 - 3340 - 3330 - 3320 📌 The Buy Zone lies within a historical liquidity pocket — ideal for a potential rebound if geopolitical risks rise or USD weakens. 📌 The Sell Zone is near a key Fair Value Gap (FVG) and local resistance — strong confluence for short opportunities on a bounce. 🧭 Final Thoughts XAUUSD is facing a pivotal moment. With both geopolitical events and major US economic data on the horizon, traders should prepare for volatility. Patience, technical discipline, and proper SL/TP management will be key to navigating this environment successfully.
OANDA:XAUUSDShort
by MMFlowTrading
Gold GC1! heading to $3,476 next with a 4.15R long trade TVC:GOLD Gold/ COMEX:GC1! hit the 0.705 fib level right between the 0.618 and 0.786 what I like to call the sweet spot for fibonacci tools. If it misses the 0.618 then the 0.705 is just as good, signals are showing a bottom forming and slowly but sure the rsi is about to cross up over 50, it should pump hard this time -4.15R trade -1.5% capital risk -as soon as gold starts to move, we'll drag our stop loss to or even past break even if it really pops up hard...
COMEX:GC1!Long
by SakisBack
XAUUSD Technical Analysis – June 24, 2025On June 24, 2025, XAUUSD (spot gold) continues to face significant bearish pressure after failing to hold above the key resistance zone around 3,383 – 3,400 USD/oz. This area marks a confluence of the 0.5–0.618 Fibonacci retracement levels and a high-volume distribution zone, signaling strong supply dominance in the short term. Technical Structure and Fibonacci Analysis - The recent swing high was established at 3,451 USD, completing a bullish wave from the low of 3,223 USD. - Price was unable to break through the 0.618 Fibonacci retracement at 3,399 USD, leading to a sharp pullback. - The current structure suggests the formation of a potential head and shoulders pattern, which would confirm if the market breaks below the 3,300 USD support zone. Key Support and Resistance Levels - Major resistance: 3,383 – 3,400 USD (Fibonacci 0.5–0.618 zone, high-volume area) - Immediate support: 3,300 – 3,310 USD (historical reaction zone and 0.618 retracement of the recent bullish leg) - Deeper support: 3,223 USD – previous swing low and a key target if the bearish trend confirms Potential Scenarios - Bearish scenario: If the price sustains below 3,350 USD and decisively breaks 3,300 USD, it may signal the start of a medium-term downtrend, with targets near 3,200 USD or even lower. - Bullish scenario: A bounce from the 3,300 USD support could trigger a short-term recovery, but traders should closely watch the reaction near the 3,383 – 3,400 USD resistance zone to assess supply pressure. RSI and Momentum Indicators - The 14-period RSI is trading below the 50 level and pointing downward, indicating that bearish momentum remains dominant. - The RSI has also crossed below its moving average, reinforcing the negative outlook. Ps: XAUUSD is currently in a critical phase as it tests the 3,300 USD support level. A break below this level could confirm further downside and strengthen the bearish trend. Traders are advised to remain cautious, wait for clear price action confirmation, and apply strict risk management as volatility increases.
OANDA:XAUUSDShort
by Henrybillion
4
Hanzo / Gold 15 min - ( most accurate Reversals Levels ) 🔥 Gold – 15 Min Scalping Analysis ⚡️ Objective: Precision Reversal Execution Time Frame: 15 -Minute Warfare Entry Mode: Only after verified Reversals 👌Bullish Reversal : 3333 Price must break liquidity with high volume to confirm the move. 👌Bearish Reversal : 3346 Price must break liquidity with high volume to confirm the move. 👌Bearish Reversal : 3396 Price must break liquidity with high volume to confirm the move. ☄️ Hanzo Protocol: Dual-Direction Entry Intel ➕ Zone Activated: Strategic liquidity layer detected — mapped through refined supply/demand mechanics. Volatility now rising. This isn’t noise — this is bait for the untrained. We're not them. 🦸‍♂️ Tactical Note: The kill shot only comes after the trap is exposed and volume betrays their position. 5 Hanzo / Gold 15 min - most accurate Reversals ( Zones )
CAPITALCOM:GOLD
by Path_Of_Hanzo
1
Crude Could Rally to $75 — Entry Opportunity Still Alive at $68Brent Crude Oil is setting up for a potential bullish continuation on the 4-hour timeframe. After a sharp pullback from its recent high near $76.28, price found support around the $65.93–$66 zone—an area that previously acted as strong resistance and now serves as a bullish flip level. The price is consolidating above this reclaimed support and forming a base within the Ichimoku cloud, indicating a possible accumulation phase before the next leg higher. Ichimoku components support the bullish outlook: the cloud remains green, the Tenkan-sen is curling upward, and price is stabilizing above both the Kijun-sen and the flat Senkou Span A. These are typically early signs of a bullish continuation. The bullish thesis is further strengthened by broader geopolitical risks, particularly Iran’s increased influence over the Strait of Hormuz, which remains a critical oil transit route. Any disruption in this corridor could immediately pressure global supply and send oil prices higher. This aligns with recent bullish projections (not exactly with the pricing but with the intent): Citi forecasts Brent could reach $75–78 if Iran related disruptions cut 1.1 mbpd, while Goldman and JPMorgan warn $100–120+ spikes if the Strait of Hormuz is threatened. The Guardian notes the shipping chokepoint transports ~20% of global oil, and even brief disruptions could add $8–30 / barrel in volatility. Trade Setup: • Entry: $67–$68 • Stop-Loss: $65 • Take Profit: $75 This provides a risk-reward ratio of 1:4, with nearly 12% upside potential. Given the convergence of strong technical structure and real-world catalysts, this setup offers a compelling opportunity for bullish Brent traders aiming to catch the next breakout.
BLACKBULL:BRENTLong
by SupertradeOfficial
Gold (XAU/USD) Analysis - 24 June 2025📊 4-Hour Chart: Supply & Demand Structure 1. 📐 Market Structure & Bias Gold has bounced off the $3,340–3,350 demand area multiple times—confirming a strong support structure on the 4H timeframe . Following this bounce, gold made a higher-low, reinforcing a bullish trend. Overall bias remains bullish, as long as prices hold above the $3,340 region. A break below this zone may bring deeper correction. 2. 🔍 Demand Zones (Buy Areas) Zone A – $3,340 to $3,350 Comes with trendline support and prior consolidation. Volume and price action confirm institutional buying interest. Zone B – $3,300 to $3,310 A more significant base zone for deeper pullbacks or additional liquidity running. 3. ⚠️ Supply Zones (Sell Areas) Zone C – $3,380 to $3,390 Shallow zone where recent rallies have stalled—ideal for supply fade strategies. Zone D – $3,400 to $3,410 Major resistance zone—historical retracement area with institutional selling. 🔍 1-Hour Chart: Intraday Entry Zones (Aligned with 4H Bias) Below are premium-level intraday buy setups made for quick execution within the bullish structure: Entry Type Zone ($) Description 1. Buy the Dip 3,340 – 3,345 Touches 4H demand + trendline — watch for bullish rejection wicks or volume pickup. 2. Quick Dip Buy 3,350 – 3,355 Opportunistic entry higher in demand zone — quicker reentries with lighter pullback. 3. Deep Bounce 3,300 – 3,310 For deeper intraday swings only—requires strong confirmation from lower timeframes. (Optional) Sell Supply Fade 3,380 – 3,390 Aggressive fade only if strong price rejection appears—caution advised. Tips for Entry Confirmation: Look for bullish pin bars, engulfing candles, volume confirmation, or trendline bounces within these zones. Only trade entries with clear price action confirmation.
OANDA:XAUUSD
by Tami512