xauusd weekly analysis
**XAU/USD Weekly Analysis**
*(June 2-13, 2025)*
---
### **LAST WEEK'S PERFORMANCE (June 2-6)**
**Price Action:**
- Weekly decline: **~2%**
- Key levels:
- Resistance: $3,355–$3,381 (61.8% Fibo)
- Support: $3,272–$3,288 (38.2% Fibo)
- Range: $3,291.50 (low) to $3,365 (high)
- Close: Near $3,310–$3,316
**Key Drivers:**
1. **USD Strength**: Fiscal concerns (Senate tax bill debate adding $3.8T debt)
2. **Reduced Safe-Haven Demand**: Trump delayed EU tariffs to July 9
3. **Central Bank Caution**: Market awaited ECB/BoC decisions and U.S. jobs data
---
### **NEXT WEEK OUTLOOK (June 9-13)**
**Critical Technical Levels:**
| **Support** | **Resistance** |
|-------------------|-------------------|
| $3,272–$3,288 | $3,370–$3,375 |
| $3,295 (SMA) | $3,381 (Key Breakout) |
| $3,210–$3,214 | $3,400–$3,434 |
**Fundamental Catalysts:**
1. **Central Banks**:
- ECB Decision (June 12) → Dovish stance = USD strength
- BoC Decision (June 11) → Rate cuts may boost USD
2. **U.S. Data**:
- Non-Farm Payrolls (June 13) → Strong data = fewer Fed rate cuts
3. **Geopolitical Risks**:
- Escalations in Ukraine/Middle East → Safe-haven demand
4. **U.S. Fiscal Policy**: Senate vote on $3.8T tax bill
**Market Sentiment:**
- **Bullish Case**: Break above $3,381 targets $3,500–$3,800
- **Bearish Risks**: Breakdown below $3,272 risks drop to $3,160
---
### **TRADING STRATEGY**
**Key Approaches:**
- **🔺 Long Setup**:
- Entry: Above $3,381
- Target: $3,500
- Stop-loss: $3,320
- **🔻 Short Setup**:
- Entry: Below $3,272
- Target: $3,210
- Stop-loss: $3,310
- **Event Hedging**: Use options around ECB/BoC/NFP events
**Risk Management Note:**
> "Gold's trajectory hinges on USD dynamics and central bank guidance. A weekly close above $3,381 confirms bull trend resumption."
---
### **KEY EVENTS CALENDAR**
| Date | Event | Impact Level |
|------------|---------------------------|--------------|
| June 11 | Bank of Canada Rate Decision | High |
| June 12 | ECB Rate Decision | High |
| June 13 | US Non-Farm Payrolls | Very High |
| Mid-week | US Senate Tax Bill Vote | Moderate-High|
---
**Conclusion:**
Next week presents a binary setup for XAU/USD:
- Break above **$3,381** opens path to $3,500+
- Failure to hold **$3,272** risks correction to $3,210
Prioritize risk management during high-impact events. The long-term uptrend remains intact but short-term direction depends on USD and central bank policy.
for intra day traders and scalpers follow the range zone
Dollar
The Unraveling of an Empire: How Bitcoin Could Break the DollarFor decades, the U.S. dollar has reigned supreme, an undisputed king in the global financial arena. It is the world's primary reserve currency, the bedrock of international trade, and the safe-haven asset investors flock to in times of turmoil. This dominance has afforded the United States what has been called an "exorbitant privilege," allowing it to borrow cheaply and exert significant influence over the world economy. But the ground beneath this financial empire is beginning to shift. A confluence of mounting debt, shifting geopolitical sands, and the rise of a revolutionary technology is creating the conditions for a challenger to emerge. That challenger is Bitcoin.
Born from the ashes of the 2008 financial crisis, Bitcoin represents a radical departure from the centrally controlled monetary systems that have governed economies for centuries. It is a decentralized, digital currency, free from the whims of governments and central banks. While initially dismissed as a niche interest for tech enthusiasts and a tool for illicit activities, Bitcoin has steadily gained traction, evolving into a trillion-dollar asset class that is now capturing the attention of institutional investors, corporations, and even nation-states. The question is no longer whether Bitcoin is a fleeting fad, but whether it possesses the power to fundamentally disrupt, and perhaps even break, the long-standing hegemony of the U.S. dollar.
A Hedge Against a Failing System
One of the most compelling arguments for Bitcoin's ascendancy lies in its inherent properties as a store of value, particularly in an era of unprecedented monetary expansion and soaring national debt. Unlike the U.S. dollar, which can be printed at will by the Federal Reserve, Bitcoin has a finite supply capped at 21 million coins. This predictable scarcity is a powerful antidote to the inflationary pressures that erode the purchasing power of fiat currencies. As governments around the world, and particularly the United States, continue to accumulate staggering levels of debt, the temptation to devalue their currencies through inflation grows. The U.S. national debt, now standing at tens of trillions of dollars, raises serious questions about the long-term sustainability of the dollar's value. In this environment, Bitcoin's unalterable monetary policy makes it an increasingly attractive safe haven for those seeking to preserve their wealth.
The trend of "de-dollarization" is already underway, with several countries actively seeking to reduce their reliance on the U.S. dollar in international trade and reserves. Geopolitical rivals like China and Russia have been at the forefront of this movement, but even traditional allies are beginning to explore alternatives. The weaponization of the dollar through sanctions has further accelerated this trend, prompting nations to seek financial systems that are not subject to the political whims of a single country. Bitcoin, being a politically neutral and borderless currency, offers a compelling solution. It allows for direct, peer-to-peer transactions across the globe without the need for intermediaries, thereby circumventing the traditional, dollar-dominated financial system.
The Rise of a New Reserve Asset
The ultimate test of a global currency is its acceptance as a reserve asset by central banks. While this may have seemed like a far-fetched idea just a few years ago, it is now a topic of serious discussion in financial circles. A handful of nations have already taken the pioneering step of adding Bitcoin to their reserves, signaling a potential paradigm shift in how countries manage their sovereign wealth. For central banks, the appeal of Bitcoin lies in its potential for diversification. By holding an asset that is not correlated with traditional stocks and bonds, they can better hedge against various economic and geopolitical risks. As more central banks begin to explore this option, even a small allocation to Bitcoin could have a significant impact on its price and legitimacy.
The development of a robust financial ecosystem around Bitcoin is also paving the way for its broader adoption. The emergence of regulated exchanges, custody solutions, and investment products has made it easier for institutions to gain exposure to the asset class. This growing infrastructure is crucial for building the trust and liquidity necessary for Bitcoin to function on a global scale.
The Hurdles on the Path to Dominance
Despite its disruptive potential, Bitcoin faces a number of significant challenges that could hinder its ability to supplant the dollar. The most frequently cited concern is its price volatility. Wild swings in value make it a difficult medium of exchange for everyday transactions and a risky asset for conservative central banks to hold in large quantities. While volatility may decrease as the market matures, it remains a major obstacle to widespread adoption.
Scalability is another critical issue. The Bitcoin network can currently only process a limited number of transactions per second, making it unsuitable for the high volume of payments required of a global currency. While second-layer solutions are being developed to address this, they have yet to be proven at a massive scale.
Furthermore, the regulatory landscape for cryptocurrencies is still in its infancy. Governments around the world are grappling with how to approach this new technology, and the lack of clear and consistent regulations creates uncertainty for investors and businesses. The U.S. government, in particular, is unlikely to cede its monetary authority without a fight, and could impose stringent regulations that stifle Bitcoin's growth.
Finally, no currency in history has achieved global dominance without the backing of a major economic and military power. The U.S. dollar's reign is underpinned by the strength of the American economy and its military might. Bitcoin, by its very nature, is decentralized and lacks the support of any single nation-state. This could be both a strength and a weakness. While it provides neutrality, it also means that there is no central authority to backstop the currency in times of crisis.
A New Financial Order
The notion that Bitcoin could completely break the U.S. dollar and become the sole global reserve currency in the near future remains a speculative one. The dollar's incumbency advantages are formidable, and the challenges facing Bitcoin are substantial. However, to dismiss the potential for a seismic shift in the global financial order would be to ignore the powerful forces at play.
What is more likely than a complete replacement is a gradual transition to a more multipolar currency world, where Bitcoin coexists alongside the dollar, the euro, and other major currencies. In this scenario, Bitcoin could serve as a neutral reserve asset, a check on the inflationary tendencies of fiat currencies, and a parallel financial system for those who are excluded from or wish to opt out of the traditional one.
The rise of Bitcoin is a clear signal that the world is yearning for a more resilient, equitable, and decentralized financial system. Whether it ultimately breaks the dollar or simply forces it to become more disciplined, one thing is certain: the future of money will look very different from its past. The quiet revolution that began with a single whitepaper is now a global movement, and the foundations of the old financial empire are beginning to tremble.
Fundamental Market Analysis for June 6, 2025 GBPUSDThe GBP/USD pair is trading near 1.3570 with little movement ahead of the US (US) labor market data.
The US Dollar Index (DXY), which measures the value of the US Dollar against six major currencies, is trading above around 98.80 at the time of writing. The upcoming US non-farm payrolls data for May is expected to add 130,000 jobs, down from April's 177,000. The unemployment rate is also expected to remain unchanged at 4.2%.
Weekly initial jobless claims rose to 247,000, above the 235,000 expected, U.S. Labor Department data showed. ADP US private sector employment data released on Thursday showed a 37,000 increase in May versus a 60,000 increase (revised from 62,000) recorded in April, well below market expectations of 115,000.
GBP/USD is gaining support as the Pound Sterling (GBP) finds support amid rising risk sentiment in the United Kingdom (UK) markets following US President Donald Trump's executive order signed on Tuesday. British exporters still face the previous 25 percent tariff rate as Trump granted the UK temporary relief from the US' stiff 50 percent tariffs on steel and aluminum.
Trading recommendation: SELL 1.3500, SL 1.3600, TP 1.3300
GOLD REVERESED! Looking for the breakout!We got some news Tuesday that shifted the direction of the pullback and now looking like we might just break out. if we can make it above yesterdays highs and closed on the H4 then I think it will be safe to look for higher levels. but if it breaks down from here then we could still see it reach for Liquidity. We just have to be patient in waiting for price to show its hand.
DXY BANK VAULT BREAK-IN: Your Dollar Index Profit Blueprint🚨 DXY BANK HEIST: Dollar Index Breakout Robbery Plan (Long Setup) 🚨
🌟 Hi! Hola! Ola! Bonjour! Hallo! Marhaba! 🌟
Attention, Market Robbers & Dollar Bandits! 🏦💰💸
Using the 🔥Thief Trading Style🔥, we’re plotting a DXY (Dollar Index) bank heist—time to go LONG and escape near the ATR danger zone. Overbought? Yes. Risky? Absolutely. But the real robbery happens when weak hands panic. Take profits fast—you’ve earned this loot! 🏆💵
📈 ENTRY: BREAKOUT OR GET LEFT BEHIND!
Wait for DXY to cross 99.300 → Then strike hard!
Buy Stop Orders: Place above Moving Average.
Buy Limit Orders: Sneak in on 15M/30M pullbacks (swing lows/highs).
Pro Tip: Set a BREAKOUT ALARM—don’t miss the heist!
🛑 STOP LOSS: DON’T GET LOCKED UP!
For Buy Stop Orders: Never set SL before breakout—amateurs get caught!
Thief’s Safe Spot: Nearest swing low (2H chart).
Rebels: Place SL wherever… but your funeral! ⚰️
🏴☠️ TARGET: 102.300 (Bank Vault Cracked!)
Scalpers: Long only! Trail your SL like a pro thief.
Swing Traders: Ride this heist for maximum payout.
💵 MARKET CONTEXT: DXY IS BULLISH (But Traps Await!)
Fundamentals: COT Reports, Fed Plays, Geopolitics.
Intermarket Sentiment: Bonds, Gold, Stocks—all connected.
Full Analysis: Check our bio0 linkks 👉🔗 (Don’t trade blind!).
⚠️ ALERT: NEWS = VOLATILITY = TRAP ZONE!
Avoid new trades during high-impact news.
Lock profits with trailing stops—greed gets you caught!
💥 SUPPORT THE HEIST (OR GET LEFT BROKE!)
Smash that Boost Button 💖→ Stronger team = bigger scores!
Steal profits daily with the Thief Trading Style. 🎯🚀
Next heist coming soon… stay ready! 🤑🐱👤🔥
Bitcoin Brewing - A large move is coming!Bitcoin has been under pressure over the last few trading sessions.
Despite the equity markets going higher this asset is stuck in a holding pattern.
We are currently forming a wedge pattern that has given us a directional bias to trade.
Price action is at a 50/50 in terms of falling lower or rallying higher.
Being the fact that the bulls have been forming higher lows & higher highs, we have to give them due respect.
However understand this BTC is showing some distribution signs and is likely going to have a decent selloff within the next 15-45days. We may have 1 more spike higher but we may not.
1 note of interest is the 7day & 20 day moving average just signaled a bearish crossover which is something you need to monitor closely.
I do think the upside is limited to about 115K if we have 1 more move higher.
Fundamental Market Analysis for June 3, 2025 GBPUSDThe GBP/USD pair attracted sellers during Tuesday's Asian session and broke part of a strong overnight move up towards the 1.3560 area, or multi-day peak.
The U.S. Dollar Index (DXY), which tracks the dollar against a basket of currencies, rebounded from a six-week low reached on Monday and proved to be a key factor putting downward pressure on the GBP/USD pair.
In addition, concerns over the deteriorating US fiscal situation and renewed trade tensions between the US and China should help limit USD gains. The British Pound (GBP), on the other hand, may continue to receive support from expectations that the Bank of England (BoE) will take a pause at its next meeting on June 18 and will not rush to cut interest rates further.
Traders may also prefer to wait for the hearing of the Bank of England's monetary policy report in Parliament. Investors will be closely watching comments from Bank of England Governor Andrew Bailey and other members of the Monetary Policy Committee (MPC) for information on the policy outlook, which in turn will influence the GBP exchange rate.
Trading recommendation: SELL 1.3495, SL 1.3595, TP 1.3295
Persistent concerns about the US economy are weighing on the DXY
US-China tensions deepened as President Trump criticized China’s rare earth exports and threatened broader tech restrictions and visa cancellations for Chinese students. He also vowed to double tariffs on foreign steel to 50% to strengthen the US steel industry. April headline PCE inflation eased to 2.1% (prev. 2.3%, cons. 2.2%), partly soothing tariff-related inflation concerns.
DXY broke below the 99.00 threshold and dropped to a 6-week low. EMA21 is widening its gap with EMA78, suggesting a potential extension of the bearish structure. If DXY breaks below the support at 98.00, the index may decline further to 97.00. Conversely, if DXY reclaims the resistance at 99.00 and breaches above EMA21, the index could advance to 99.50.
Gold is Setting up for a Move! Could it be a big one?Looking for price to set up for a solid move. One thing is for sure we are waiting for the killzones before taking any action. The price action the last few days has been giving fake outs just before we roll into the killzone. Be patient. Wait for things to line up.
Gold Looks Bullish. But need more confirmation! Looking for more supporting signs that gold is ready to go bullish. I think it will pull back first. But waiting to see where price is at inside of the killzone before making any decision on direction. Being that it is Monday price could end up acting flaky on action. So keeping expectations low.
1. "What do you think — is DXY ready to fly or fall?"DXY 4H Analysis – Decision Time for the Dollar?
After completing a falling wedge with a clean 5-wave Elliott structure, the U.S. Dollar Index is approaching a key demand zone.
Will buyers step in to push price toward the bullish target near 106 📈?
Or will we see another rejection from the supply zone and a deeper drop to 94? 📉
Wave A or Wave B?
Market structure shows signs of reversal, but confirmation is still pending a break of resistance or further rejection.
👉 What do you think — bounce or breakdown?
Comment your view below ⬇️
Let’s see who’s riding the next big wave 🌊
#DXY #USD #ElliottWave #SupplyAndDemand #GreenFireForex #ForexAnalysis #WaveTheory
DXY 4H Breakout? Bulls Eye Momentum Shift!Hey There;
The U.S. Dollar Index (DXY) appears to have reached a critical turning point from a technical analysis perspective. According to Elliott Wave Theory, following a five-wave downtrend, the AB corrective wave has been completed, and a bullish movement towards the C wave is emerging. This scenario could signal a transition from a bearish market to a bullish one.
Technical Outlook:
- A move towards 104.460 on the DXY may indicate that the market is entering a strong recovery phase.
- The completion of the AB corrective wave suggests that buyers are stepping in, driving upward momentum in price action.
- The C wave typically retraces a portion of the prior decline, creating potential for a higher price level.
Macroeconomic Factors:
- U.S. monetary policy and inflation data remain key determinants of the dollar index’s trajectory.
- Increased global risk appetite may bolster the dollar’s appeal as a safe-haven asset.
- U.S. Treasury yields could provide additional support for DXY’s upward movement.
If DXY successfully reaches 104.460, this could confirm a shift into a bullish trend. However, the strength and sustainability of the C wave will depend on supportive volume and momentum indicators. The interplay between technical and fundamental factors could drive a solid recovery in the dollar index.
Should this scenario unfold, it may mark the beginning of a renewed period of dollar strength against global currencies. However, market dynamics and macroeconomic developments must be monitored closely to validate this outlook.
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EURUSD: Detailed Support & Resistance Analysis For Next Week
Here is my latest structure analysis
and important supports and resistances for EURUSD
for next week.
Consider these structures for pullback/breakout trading.
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EUR/USD Drifts Lower as Dollar ReboundsEUR/USD is struggling to hold onto Thursday’s rebound from the 1.1200 region—its lowest in nearly 10 days—and trades with a slight bearish bias in Friday’s Asian session. The pair is hovering near the mid-1.1300s, down around 0.15% on the day.
The US Dollar regained some ground due to renewed safe-haven demand after a federal appeals court reinstated former President Trump’s broad trade tariffs, injecting fresh uncertainty into the markets. However, the dollar’s momentum remains limited by concerns over the US fiscal outlook and expectations of Fed rate cuts in 2025.
The euro finds partial support as Trump postponed tariffs on EU imports. Market focus now shifts to the upcoming US PCE inflation data, which may influence Fed policy expectations, followed by next Thursday’s ECB meeting for further direction.
Resistance is seen at 1.1400, with higher levels at 1.1460 and 1.1500. Support is located at 1.1300, followed by 1.1260 and 1.1210.
Gold Still bearish for the momentLooking for gold to fill in a Bullish gap before I consider longs. price is pretty bearish this week and im thinking it due to the contract roll and month end close. Looking for price to find some area of support before considering going Long. As always we wait for the Killzones.
SELL DXYThis week the USD has been retracing, most traders are going long but we know how this goes. Based of our strategy and approach we are still very much bearish on the USD. Our positions for shorts are at 99.916 and adding more shorts at 100.500. Our targets remain at 94.760. If you are catching this set up now then your stops should be above 1011.300. Use proper risk management and risk what you can afford to loose. Best of luck folks.