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GOLD What Next? SELL! My dear friends, My technical analysis for GOLD is below: The market is trading on 3376.9 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 3366.2 Recommended Stop Loss - 3383.0 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TRADENATION:XAUUSDShort
by AnabelSignals
1
Hanzo / Gold 15 min - 0 draw down tactical Reversal Entrys🔥 Gold – 30 Min Scalping Analysis (Bearish Setup) ⚡️ Objective: Precision Breakout Execution Time Frame: 30-Minute Warfare Entry Mode: Only after verified breakout — no emotion, no gamble. 👌Bullish Reversal : 3347.5 Price must break liquidity with high volume to confirm the move. 👌Bullish Reversal : 3350 Price must break liquidity with high volume to confirm the move. 👌Bearish Reversal : 3373.5 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.
CAPITALCOM:GOLD
by Path_Of_Hanzo
11
Breakout from Demand Zone🟡 XAU/USD – 2H Chart Analysis Title: “Compression Breakout From Demand Zone – Room to Revisit Highs” Bias: Bullish (Momentum Confirmation) Timeframe: 2H Chart Reference: MJTrading – June 23, 2025 📍 Context & Structure: Gold has just broken out of a multi-candle compression range after tapping into a well-defined demand zone between $3,333 – $3,346. This area acted as the launchpad for previous rallies and is now showing fresh signs of accumulation. Two EMAs (15 & 60) are attempting a bullish crossover, supporting a shift in momentum. 📈 Trade Setup (Long Bias): Entry: ✅ Market or retest at $3,366 Stop Loss: 🔴 Below the recent demand base at $3,330 Target 1: 🟢 $3,415 (local swing high) Target 2: 🟢 $3,460–$3,480 (upper major supply / range top) R/R Ratio: 🔁 ~2 🔍 Why It Matters: ✅ Price defended key demand zone ✅ Strong engulfing candle with decent volume signals a reversal ⚖️ MJTrading Note: “Gold thrives on uncertainty — and this bounce from a high-confluence demand zone could be the beginning of a push back toward the highs, especially if macro data shifts in favor.” #MJTrading #Gold #XAUUSD #Forex #chart #signal #buy #long
PEPPERSTONE:XAUUSDLong
by MJElahifx
SPY/QQQ Plan Your Trade For 6-23 : CRUSH PatternToday's CRUSH pattern suggests the markets will struggle to find any support for a rally. A CRUSH pattern is usually a large breakdown type of price bar that moves aggressively against the dominant trend. Som, today I'm expecting some fairly large price action and I believe the markets may start a breakdown move this week as we continue to get more news related to the Israel/Iran/US conflict. This week will be a "resettling" week in my opinion. Buyers will start to actively liquidate and reposition assets as we move deeper into this conflict. When buyers turn into sellers (to get out), the markets usually react very aggressively in trend. Metals continue to hold up without making any big moves. I believe the increased FEAR level could play out as a moderate rally for metals over the next 15-30+ days. BTCUSD broke down very hard (more than 6%) over the past 3-4+ days. This is a big move downward for Bitcoin and could suggest US technology stocks/sectors could also collapse on fear of a "rollover top" in the US stock market. Smart traders will hedge and pull capital away from this potential top - just like I've been suggesting for the past 2-3+ weeks. Oddly enough, if we do get a rollover/top this week because of the Iran conflict, it plays right into my Excess Phase Peak pattern and the predictions I've been making over the past 4+ months. No, I don't foresee events like this Israel/US/Iran conflict. I can't see into the future. What I can do, and continue to try to deliver, is the best analysis I can offer without becoming BIASED by indicators, comments, or other inputs. I just read the chart and will tell you what I see as the most likely outcome. Get some.. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
AMEX:SPYShort
by BradMatheny
11
Gold opens high and moves lower, focus on 3340 support📰 Impact of news: 1. Federal Reserve Board member Bowman speaks on monetary policy and the banking industry 2. The United States intervenes in the Iran-Israel conflict and pays attention to the geopolitical situation 📈 Market analysis: In the early Asian session, gold prices surged but failed to break through the key watershed of 3405. The current risk aversion conflict failed to break through the key resistance level, so the short-term trend is still weak and bearish. On the hourly chart, gold continues to retreat. As the current short-selling momentum continues to gain momentum, we will first look at whether the double bottom support of 3340 is effective. If it fails to break through while retreating, we can consider a short-term upward rebound in the support and consider going long. Looking at the second decline point at 3370-3375, unless the news stimulates the gold trend, you can still consider placing short orders if it touches the 3370-3380 line! On the whole, pay attention to the resistance line of 3370-3380 above and the support line of 3345-3335 below. 🏅 Trading strategies: BUY 3350-3345-3335 TP 3360-3370-3380 SELL 3370-3380 TP 3360-3350-3345 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:XAUUSDShort
by AllenBoswell-2
Trade Idea: Long XAUUSD (BUY STOP)1️⃣ Multi-Timeframe Structure • 1 Hour (Macro): • Trend: Bullish. 20 SMA is riding above the 50 SMA . • Price has broken above the prior resistance at 3374.50 and is now retesting it as support. • 15 Minute (Tactical): • After a clear push down into 3340.37, price rallied back above 3374.50. • SMAs have flipped back bullish, and volume during the retest shows absorption of selling pressure. • 3 Minute (Entry Precision): • Micro-green candle wicks show a small scratch of buyers stepping in just above 3374.50. • Momentum is picking up to the upside, but we want confirmation of strength before committing. ⸻ 2️⃣ Trade Execution ▶️ Entry: Buy Stop at 3379.50 • Wait for a clean 3 m/15 m push above the short-term swing high (~3379) to confirm buyers are in control. ✂️ Stop Loss: 3374.50 • Just below the broken resistance-turned-support level. • True structural invalidation of this bullish thesis. 🎯 Take Profit: 3394.50 • Targets the next logical resistance cluster (round number area and prior swing highs) for ~15 pt gain. Risk-Reward ≈ 1:3 (SL = 5 pts, TP = 15 pts) ⸻ 3️⃣ Invalidation & Expiry ❌ Cancel the pending Buy Stop at 3379.50 if either: 1. A full 15 m candle closes below 3374.50 before entry. 2. It’s not triggered by 8:30 AM PST.
FUSIONMARKETS:XAUUSDLong
by KeN-WeNzEl
GOLD Will Go Down From Resistance! Short! Please, check our technical outlook for GOLD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 3,373.02. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 3,354.03 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. 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:XAUUSDShort
by SignalProvider
1
Gold INTRADAY moving higher on Geopolitical riskGold price action signals bullish bias, with a recent intraday move higher. The possibility of further geopolitical escalation between the US and Iran could trigger increased demand for gold as a safe haven. Gold’s price action sentiment remains bullish, underpinned by a well-established rising trend. However, recent intraday movement suggests a corrective pullback or short-term consolidation, likely in response to overbought conditions or short-term profit-taking. Key Technical Levels: Support: 3,330 – Key short-term support and previous consolidation zone; the critical pivot level for trend continuation. 3,315 – Secondary support; minor structural level. 3,300 – Psychological and technical support; near-term bearish target on a breakdown. Resistance: 3,390 – Immediate upside target on a bullish continuation. 3,420 – Medium-term resistance; aligns with prior highs. 3,450 – Longer-term target, marking the upper boundary of the current bullish channel. Scenario Analysis: Bullish Continuation (Base Case): If Gold maintains above the 3,330 level and confirms a bullish bounce, the broader uptrend is expected to resume, with upside targets at 3,390, followed by 3,420 and 3,450 over time. Bearish Reversal (Alternative Scenario): A daily close below 3,330 would negate the short-term bullish structure, exposing the market to deeper retracements toward 3,315 and 3,300, where further demand could emerge. Conclusion: Gold remains in a bullish trend, with the current pullback seen as corrective. The 3,330 level is a critical inflection point: holding above it supports further upside momentum, while a breakdown below this level would challenge the bullish outlook and potentially signal a deeper retracement. Traders should monitor price action around this zone for directional confirmation. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAUUSD
by TradeNation
Mechanical rangesMany traders will talk about things like "Smart Money Concepts" (SMC) and think they have found something new. The truth is, everything in trading stems back to Liquidity. There is no "Algo" nobody is out to get you specifically. The market is always right, where you position yourself is your own choice. I have written several posts on mechanical trading, recorded a number of streams. The more mechanical you can make the process, the less the emotions have a chance to kick your ass. Let me give you a very simple method of being able to identify the ranges. Ignore the timeframes as this will work on any of them, on most instruments. (I say most, as some behave differently due to how it attracts liquidity). Lets assume high end crypto such as Bitcoin (BTC) and of course Forex in the general sense, stocks, commodities etc. This is simple - only 2 rules. You start by zooming out and giving yourself a general feel for the trend. Let's say this looks to be an uptrend - we now need to understand the rules. An opposing candle can simply be defined by a different colour. If the trend is up (Green) and we see a red candle - then it's an opposing candle. The inverse is true, if we are down and the trend is Red. Then a Green candle would be opposing. This is only half of the story. The second rule is a pullback candle or even a sequence of candles. This simply means either the very same opposing candle that doesn't make a new high or low (depending on the trend up not making fresh highs or down not taking new lows). In this image, you can see we have in one candle both an opposing and pullback in one candle. This means we can now mark the high of the range. Working backwards to identify the swing range low. This easy method means I can draw a range exactly the same and mechanically every single time. Giving me a mechanical range. We could then get a lot more technical by looking for liquidity, 50% of the range or places such as supply or demand areas. But these are all for other posts. For now, getting a range on the higher timeframes means you can work down and down into a timeframe you are likely to want to trade on. These ranges will give clues to draws and runs of liquidity. This will also help identify changes in the character and fresh breaks of structure. Here's another post I posted on the mechanical structures and techniques. More in the next post. Have a great week! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principal trader has over 25 years' experience in stocks, ETF's, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Education
by Mayfair_Ventures
9
DeGRAM | GOLD bullish takeover from support📊 Technical Analysis ● The XAUUSD 4-hour chart, as shown in the upper right corner, presents a clear bullish structure within a well-defined rising channel. Price action has consistently respected both the lower and upper boundaries of this channel, with multiple bounces off support levels reinforcing the trend. Recently, the chart highlights a “bullish takeover” after a brief pullback, where price found support at 3,345.47 and quickly reclaimed ground above the channel’s median. The forecasted path, illustrated by the projected arrows, suggests a continuation toward the resistance zone at 3,431.14, with the channel’s upper boundary acting as a dynamic target. The presence of higher lows and the swift recovery from the latest dip further confirm the underlying bullish momentum. ● The technical setup is strengthened by the clear identification of support and resistance levels. The 3,293.50 area has repeatedly served as a strong base, while the 3,431.14 level is marked as the next significant resistance. The rising channel itself provides a visual framework for the ongoing uptrend, and the recent bullish engulfing pattern at support signals renewed buying interest. The chart’s structure, with its clean trendlines and labeled zones, points to a high-probability scenario for further gains as long as price remains within the channel. 💡 Fundamental Analysis ● Recent fundamentals support the technical case for continued upside in gold. As of June 22-23, 2025, gold is trading near 3,364, with market sentiment buoyed by ongoing geopolitical tensions in the Middle East and persistent global economic uncertainty. While Citi has revised its long-term gold forecasts downward, Bank of America maintains a bullish outlook, citing safe-haven demand amid US military actions and inflation concerns. Additionally, the latest data shows that gold remains above key moving averages, and the Relative Strength Index (RSI) is holding near neutral, suggesting room for further upside. The combination of technical resilience and supportive macro factors continues to attract buyers to gold as a hedge against volatility. ✨ Summary ● XAUUSD is poised for a move toward 3,431.14, with the rising channel and recent bullish takeover pattern supporting the case for further gains. The bullish scenario remains valid as long as price holds above 3,345.47, with 3,293.50 serving as a critical support. A sustained break above resistance could open the path to new highs, while a drop below channel support would warrant a reassessment of the trend. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
OANDA:XAUUSDLong
by DeGRAM
7
XAUUSD: Market Analysis and Strategy for June 23Gold technical analysis Daily chart resistance 3450, support 3338 4-hour chart resistance 3395, support 3342 1-hour chart resistance 3373, support 3345 Today's gold trend, due to the geopolitical risk aversion caused by the weekend news, the gold price quickly rose and then fell, opening high and moving low. Today, the gold price fell to a low of 3347 and rebounded. At present, the gold price remains in the range of fluctuations. The trend of short-term gold prices fluctuates and falls. In terms of operation, don't rush to chase high prices. Although conflicts in the Middle East have been frequent recently, it seems that the impact on gold prices has also begun to weaken! The short-term key support position below is near 3340, and the important pressure position is near 3370-75 SELL:3372near SELL:3400near BUY:3350near
OANDA:XAUUSDShort
by ActuaryJ
Middle East Conflict Keeps Gold ElevatedGold traded near $3,360 per ounce in choppy conditions on Monday, as investors closely watched developments in the intensifying Middle East conflict following U.S. involvement in Israeli airstrikes on Iran. Over the weekend, U.S. forces targeted Iran’s three main nuclear facilities, with President Donald Trump warning of further action unless Tehran agrees to peace. The eruption of war between Israel and Iran has added new fuel to a rally that has pushed gold prices up nearly 30% this year. Resistance is seen at $3,395, while support holds at $3,316.
EIGHTCAP:XAUUSD
by ChartMage
Gold:bullish wedge inside a rising channel-double trap for bearsInside the major upward channel, gold formed a falling wedge — and, of course, faked a breakdown. But the move reversed quickly: price reclaimed the wedge, surged on volume, and held above the key 3363–3368 area. This isn't just a bounce — it's a structural reclaim in line with the broader trend. Price is now in the upper part of the rising channel and has broken a local downtrend line, reinforcing the bullish signal. Consolidation around 3380–3395 might be the last pause before acceleration. Above that lies a volume gap — no resistance until 3452. MACD is flipping bullish, RSI turning upward, and volume confirms smart money presence. Classic: trap below, breakout above. As long as 3363 holds — longs remain in control.
TVC:GOLDLong
by TotoshkaTrades
2
THE KOG REPORTTHE KOG REPORT: In last week’s KOG Report we said we would be ideally be looking for the market to open, give us a high into that red box region 3455-60 and then give the reaction we wanted for the short trade. We didn’t quite hit that level falling just shy, but the move did present itself and as you can see all the bearish below red box targets were completed as well as KOG’s bias of the week targets which was bearish below 3465. We then posted the FOMC KOG Report in which we suggested looking for price to continue the move as long as the bias level stood, which it did and we got another move downside, but again, falling just shy of the level we wanted to then attempt that swing long. So, what can we expect in the week ahead? As we suggested on Friday, it would be a good idea for traders to be sitting neutral on the markets with minimum to zero exposure anticipating gaps and glitches across the markets on open. This news was expected so those who played discipline should be cash in account, which is also a position in the markets. We have key levels now 3350-55 support with extension 3340 which will need to break downside for us to go lower, while support there should take us up towards the 3385-90 level initially, which is the level to look for a potential RIP for the scalp short. This will give us the flip, red box activation 3380-75 which if held should allow us to complete the move to break through the 3400 level with red box target 3445 and above that 3451. This is based on there being a completely aggressive move from the open upside. On the flip, break below key level here 3335 and 3320 is the first level to consider which will continue the path we wanted from last week. Ideally, not for this news and potential for this to spike upside, we would have stuck with the plan from last week. Difference now, we need more buyers higher up and a potential test on that high again. Key Levels: Red box defence 3375-80, needs to be broken Red box defence 3350, needs to be broken KOG’s bias of the week: Bullish above 3340 with targets above 3375, 3390, 3395 and above that 3410 Bearish on break of 3340 with targets below 3330, 3320, 3310, 3306 and below that 3298 RED BOX TARGETS: Break above 3375 for 3378, 3390, 3395, 3406, 3410 and 3419 in extension of the move Break below 3365 for 3355, 3350, 3340, 3336, 3330 and 3323 in extension of the move 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
FX:XAUUSD
by KnightsofGold
41
DeGRAM | GOLD descending wedge📊 Technical Analysis ● Price is compressing in a descending wedge at the channel floor (3 343-3 350). Repeated long-tailed rejections hint at seller exhaustion while RSI makes higher lows, flagging hidden strength. ● A 30 min close above the wedge roof (≈ 3 357) should trigger a measured move to the intra-channel resistance band at 3 371, then the prior pivot at 3 383. 💡 Fundamental Analysis ● Thursday’s softer US Philly Fed index and a slip in 2-yr real yields cooled the dollar, reviving bullion bids; meanwhile Chinese customs data show May gold imports up 18 % m/m, underscoring physical demand. ✨ Summary Buy 3 345-3 355; wedge breakout >3 357 targets 3 371 ➜ 3 383. Long view void on a 30 min close below 3 335. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
FX:XAUUSDLong
by DeGRAM
1
XAUUSD – Is Gold About to Break Out of Balance? Market Overview As the U.S. dollar maintains its upward momentum fueled by expectations that the Federal Reserve will keep interest rates elevated for an extended period, gold (XAUUSD) is currently trading near the key Point of Control (POC) for June. The consolidation around the $3,350–$3,360 zone indicates a temporary balance of supply and demand, and the market appears to be gearing up for a strong directional breakout in the upcoming sessions. Detailed Technical Analysis ✅ Volume Profile & Price Structure POC (highest volume level): $3,360 – the central volume area for the week/month Current price: $3,353 – just below the POC, reflecting selling pressure dominance Price is reacting to the demand zone at $3,343–$3,345, with significant volume support below Short-term reversal signals from ParLE and ParSE indicators suggest a potential market shift 🔍 Key Resistance Levels: $3,360 – POC and immediate resistance zone $3,398 – previous supply zone with strong rejection history $3,451 – Fibonacci extension high and the strongest resistance for the month 🔍 Key Support Levels: $3,345 – high-volume support cluster $3,343 – Fibonacci and dynamic support zone $3,276 – final support before mid-term structure breakdown 🎯 XAUUSD Trading Strategy for Today (June 23, 2025) 🔻 Primary Scenario: SHORT based on short-term bearish structure Entry: $3,358–$3,360 (on POC retest + bearish rejection candle) Stop Loss: $3,370 Take Profits: TP1: $3,345 TP2: $3,343 TP3: $3,327 Probability: High, if price remains below POC 🔺 Alternative Scenario: LONG if price holds $3,343 support Entry: $3,343–$3,345 (strong bullish candlestick setup in demand zone) Stop Loss: $3,330 Take Profits: TP1: $3,360 (POC) TP2: $3,383 TP3: $3,398 ⚠️ Risk Warning & Macro Factors to Watch The USD Index is surging – applying downward pressure on gold Fed's short-term rate projections (FedWatch Tool) reflect “no cut” expectations through Q3 Traders should maintain tight risk management within high-volume zones to avoid false breakouts Follow @Henrybillion ” to stay updated with the most accurate and actionable XAUUSD trading ideas every day!
OANDA:XAUUSD
by Henrybillion
1
Gold in a Tug of War – Consolidation or Comeback?After a quiet trading week, XAUUSD is hovering around 3,368 USD, trapped between hawkish central bank policies and prolonged geopolitical tension in the Middle East. Despite safe-haven demand sparked by the Israel–Iran conflict, Fed, BOE, and SNB holding interest rates high conti From a technical perspective, gold is struggling to break through the 3,385 USD confluence resistance zone. A rejection at this level could trigger a short-term pullback toward 3,330 USD or lower. In my view, this is a healthy consolidation phase—not a reversal. Don’t underestimate the bulls. The long-term uptrenpullbacks may offer strate. What about you—do you believe gold is gearing up for another rally? Drop your take below.
OANDA:XAUUSD
by Edward_TradingFX
XAUUSD – Are the Bulls Back? Key Reversal Zone in PlayXAUUSD – Are the Bulls Back? Key Reversal Zone in Play Gold has been consolidating in a tight range for several sessions, but both macro and technical indicators are pointing to a potential breakout. With volatility expected to rise, traders should keep a close eye on these high-probability zones. 🌍 Macro Overview – Is the Tide Turning for Gold? 📉 The Fed remains hawkish, but market sentiment has shifted, with over 65% probability priced in for a rate cut in September. This adds pressure on the dollar and offers upside potential for gold. 💸 10-year US Treasury yields are stabilizing, reducing the opportunity cost of holding gold and reigniting interest from risk-averse investors. ⚠️ Ongoing geopolitical risks in the Middle East and Eastern Europe continue to fuel demand for safe-haven assets. 🏦 Central banks, especially in China and India, are steadily increasing their gold reserves — a bullish long-term signal for the market. 📊 Technical Outlook – Watch the Fair Value Gap (FVG) The 3325–3327 support zone aligns with an unfilled FVG on H1-H4 charts, providing a key area for bullish momentum to resume. Sustained price action above this level may open a path toward 3360 and beyond. Conversely, if price reaches the 3398–3400 resistance area and shows signs of exhaustion, it could trigger a short-term pullback. ✅ Trade Setup 🟢 BUY ZONE: 3327 – 3325 SL: 3320 TP Targets: 3330 → 3335 → 3340 → 3345 → 3350 → 3355 → 3360 → 🔴 SELL ZONE: 3398 – 3400 SL: 3405 TP Targets: 3395 → 3390 → 3386 → 3380 → 3375 → 3370 → 3360 ⚠️ Final Thoughts The gold market is approaching a decision point... With the PCE and US GDP data due this week, traders should expect a potential volatility spike. Risk management remains key — wait for confirmation at key levels, stick to your plan, and don’t let emotions override discipline. This week could offer strong directional moves for gold, but only for those prepared.
OANDA:XAUUSDShort
by MMFlowTrading
Gold (XAU/USD) 4H Analysis-23 June 2025Gold (spot XAU/USD) is currently trading around $3,358. On the 4-hour chart, price has been range-bound between $3,356 and $3,400. Recently, gold attempted to break higher (up to around $3,394) but quickly reversed — a sign that the breakout may have been a smart money trap. Technically, the structure saw a break below $3,380 in mid-June, leading to a push toward the $3,323 region. This reflects a short-term bearish wave followed by stabilization near the lows. Bias: The market is currently neutral-to-bullish, depending on key supports. As long as price holds above the $3,322–$3,330 swing-lows, dips are considered buying opportunities. Notably, an order block/demand zone around $3,357–$3,360 appears to be holding well and attracting buyers. On the upside, $3,400 acts as a strong resistance level. A break above $3,400 would shift the bias firmly bullish, while a break below $3,338 would suggest bearish momentum returning. 🔑 Key 4H Support & Resistance Levels Resistance: • $3,400 – Major round number and recent high • $3,434–$3,435 – Next resistance above $3,400 • $3,451–$3,452 – Recent swing top • $3,500 – All-time-high level Supply Zone: • $3,388–$3,394 – Minor resistance and previous support turned supply Demand Zone (Order Block): • $3,357–$3,360 – Major 4H demand area showing strong buyer interest Support: • $3,338 – Critical support level below the order block • $3,322–$3,323 – Multi-source key swing support • $3,280–$3,300 – Lower targets if support fails • $3,260 or below – Worst-case downside projection if breakdown accelerates 📈 1-Hour Intraday Trade Setups Buy the Dip • Entry: $3,357–$3,360 • Confirmation: Bullish reversal candle on 1H • Stop Loss: Below $3,336 • Targets: $3,380 → $3,400 Sell a Rejected Rally • Entry: Near $3,400 (only if clear rejection is seen) • Confirmation: Bearish reversal candle or price stalling • Stop Loss: Above $3,400 • Targets: $3,360 → $3,330 Breakdown Short • Entry: If price breaks below $3,338 with strong 1H close • Stop Loss: Above $3,345 • Targets: $3,323 → $3,300 Bullish Breakout Trade • Entry: Break and retest above $3,400 • Confirmation: Clean 1H close above $3,400 • Stop Loss: Just below $3,400 • Targets: $3,434 → $3,452 ✅ Final Takeaway Gold is currently trading inside a $3,330–$3,400 range. The best intraday opportunity is to buy dips into the $3,357–$3,360 demand zone with a stop below $3,330, targeting $3,400+. If support breaks, flip to short toward $3,320–$3,300.
OANDA:XAUUSD
by Tami512