GOLD Intraday Chart Update For 24 June 2025Hello Traders, As you can see that GOLD fell sharply this morning due to Israel- Iran Cease fire scenario
Further more FED Chair POWELL Testifies Starts from Today and end on Tomorrow make sure to manage you trading accordingly
Right now GOLD is in Strong Bearish Trend only clear Breakout of 3368 level for the day below this market remains Bearish
All eyes on 3300 Psychological Digit for now if market breaks 3300 Successfully then it will move towards 3250 soon
Disclaimer: Forex is Risky
Goldlong
Gold, Will USA-Iran-Israel conflict affect it? The USA-Iran-Israel conflict can significantly impact gold prices. Gold is a safe-haven asset, so demand often rises during geopolitical tensions, pushing prices up
3406 gonna be first target for me, if it breaks this lvl with huge volume and FVG on 1h+ then most likely we will see ATH in near future
bearish scenario(lest likely) - price breaks down 3340 and close with nice volume and fvg on 1h+ which will open move all the way down to MO
XAU/USD (Gold) - H1 - Wedge Breakout (21.06.2025)The XAU/USD pair on the H1 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming Days.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 3425
2nd Resistance – 3451
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Gold Trading Strategy June 23The last two D1 candles have continuously drawn out the wicks. The Sellers may no longer be interested in dominating the market.
Currently, Gold is moving sideways in a wide range. 3345 and 3375 are the two Breakout zones of the gold price in today's trading day. When breaking out of the breakout zone, the price will continue its strong trend. Limit trading against the trend when the price breaks out.
Trading signals may also appear if there is confirmation from the candle that does not break out of this breakout zone.
Resistance and support zones remain the same as last week.
Resistance 3400-3415-3443
Support 3322-3296
Break out: 3375-3345
Recommended good trading signals
SELL 3399-3401 Stoploss 3405
BUY 3322-3320 Stoploss 3306
Gold bottoms out and tests resistance, long positions at night📰 Impact of news:
1. Bowman hinted at a July rate cut
2. Fed Governor Kugler and FOMC permanent voting member and New York Fed President Williams hosted the "Fed Listening" event.
📈 Market analysis:
Gold will maintain a short-term volatile trend. Although the United States intervenes in the conflict between Iran and Israel, the geopolitical situation will affect the market trend to a certain extent. However, the remarks of Federal Reserve Board member Bowman hinting at a rate cut in July have eased market volatility to a certain extent. Gold maintains a narrow range of fluctuations at the 4H level, and the technical pattern is gradually adjusted. The K-line stands firmly on the short-term moving average. The short-term trend shows that it is necessary to observe the second opportunity for pull-up after the confirmation of the retracement. At the hourly level, the short-term moving average diverges upward, and the short-term volatile and strong pattern is maintained. In the evening, pay attention to the upper resistance area of 3395-3405, focus on the suppression of the 3405 line, pay attention to 3375-3365 below, and further pay attention to the 3345 support line if it breaks through.
🏅 Trading strategies:
SELL 3385-3395-3405
TP 3370-3365-3345
BUY 3375-3365-3355
TP 3390-3400-3405
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
XAU/USD Double Bottom Breakout Bullish Momentum Incoming!XAU/USD Double Bottom Breakout 💥 | 🚀 Bullish Momentum Incoming!
Analysis:
🟡 Double Bottom Pattern: Two clear lows have formed around the $3,340 support, signaling a potential reversal.
🟦 Accumulation Zone: The price consolidated in a range, indicating strong buying interest before the breakout.
🟣 Bullish Momentum: Recent aggressive bullish candles show strong buying pressure.
📈 Breakout & Retest Zone: If the price holds above $3,370, a bullish continuation toward $3,409 and possibly $3,445 is expected.
🧭 Target Area: Marked with a blue box, the upside potential is clearly projected.
Conclusion:
A successful retest of the breakout level may lead to a strong bullish run. Keep an eye on $3,370 as the pivot zone. 🎯
Conflict breaks out, risk aversion rises, can 3400 be broken?Bowman's dovish comments in the afternoon eased the market, by which time risk aversion was deepening as sudden geopolitical conflicts continued to deepen. Will the USA make a corresponding response to this matter? This series of events has once again put gold into a complicated situation. Can gold hit the 3,400 mark today?
Free trading strategies are updated daily🌐. All trading strategies released since this month have been verified and can serve as a good reference📈.👇 I sincerely hope that these strategies can be helpful to you👇.
OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
Gold XAU/USD Bullish Reversal Setup – Targeting $3,454.65Price: $3,384.41
Strategy: Buy/Long
🟦 Key Levels:
Entry Zone: Around $3,345.76
This level aligns with a previously tested support zone marked in purple.
Stop Loss: $3,331.56
Below the support zone, providing downside protection if the setup fails.
Target (TP): $3,454.65
Marked as EA TARGET POINT, suggesting a potential upside of 3.16% (~$105.83 gain).
📊 Technical Indicators:
Moving Averages:
200 EMA (blue): Near the entry level, adds strength to the support zone.
50 EMA (red): Recently crossed below price, indicating early bullish momentum.
Price Action:
Sharp bounce from support suggests buying interest.
Potential inverse head and shoulders pattern forming, which is a bullish reversal pattern.
🧠 Trade Idea:
Buy near $3,345.76,
Stop Loss at $3,331.56,
Take Profit at $3,454.65
Risk/Reward Ratio ≈ 1:3.3 — favorable setup for long positions.
Gold price PMI positive, slight increase⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edge higher toward $3,375 in early Asian trading on Monday, driven by heightened geopolitical tensions following US President Donald Trump’s decision to intervene militarily in the Israel-Iran conflict. The move significantly escalates the situation in the Middle East, fueling demand for safe-haven assets like gold.
The US launched airstrikes on three Iranian nuclear facilities early Sunday, marking a direct entry into the conflict despite Trump’s prior pledges to avoid new overseas wars. The intensifying turmoil has sparked a wave of risk aversion, supporting bullion prices amid rising uncertainty. Meanwhile, investors will closely monitor the preliminary S&P Global US Purchasing Managers’ Index (PMI) for June, due later in the day, for further market direction.
⭐️Personal comments NOVA:
Gold prices continue to be supported around the 3340 mark, positive with today's US PMI news data
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3380- 3382 SL 3387
TP1: $3370
TP2: $3360
TP3: $3350
🔥BUY GOLD zone: $3318-$3316 SL $3311
TP1: $3326
TP2: $3338
TP3: $3349
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Insist on bullish trend and wait for upward trend
Today's market analysis and interpretation:
First, gold weekly level: Last week, it closed negative, and continued to follow the yin-yang cycle. This week, it is likely to close positive again, and rely on the short-term 5-day and 10-day gradual shocks and strength; the medium-term trend continues to be bullish, and the nine-week wide consolidation is about to end. In fact, the big positive K last week has ended the shock and is ready to move upward. However, under the gradual warming of the geopolitical situation last week, it fell back and closed negative. It is indeed unexpected. It belongs to the control period. The risk aversion will always come. Wait patiently
Second, gold daily level: It closed with a long lower shadow cross K for two consecutive days. The lower track of the rising channel has always been effective support, including today, and it was only pierced, and it is still bottoming out and pulling up; the key point is When the closing price effectively stands on the 5-day moving average, then we should continue to attack upward to test the upper track of the channel, although the time cycle will basically approach 3490-3500;
Third, the gold 4-hour level: opened high to 3396, then fell back with a big negative, and did not stand on the middle track. At this time, the European session bottomed out and pulled up, breaking through the middle track again. Once the closing at 22:00 is confirmed to be above the middle track, accompanied by the golden cross below the zero axis of macd, this cycle will begin to gradually strengthen;
Fourth, the gold hourly level: the geopolitical situation is still fierce over the weekend and continues to heat up. Today's opening jumped high to 3396, then fell all the way back to 3347, and then stabilized and attacked to 3380. The overall situation is still discontinuous shock and the washing force is getting stronger each time, which shows that the competition between bulls and bears is becoming more and more intense, and they have been fighting for the gains and losses of the lower track of the daily channel; from the channel distribution, the key pressure is 3390. As long as it breaks through and stabilizes, it will be difficult to have a large-scale decline and wash; on the contrary, before 3390 breaks through and stands above, there is no need to rush to chase the rise for the time being. Pay attention to the support of 3360-65 and 3355-50. Continue to be bullish on dips and insist on pulling down and bullish. It is only a matter of time before 3390 breaks through or even stands above 3400, and this time is expected to be very near; because during the European session, the US dollar and gold continued to rise simultaneously, and gold performed quite resistant to declines, unlike last week, when it was suppressed immediately after a short sharp pull. This shows that gold's safe-haven properties are gradually recovering and returning.
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
Gold Market Analysis and Trading Recommendations for TodayLast Friday, the overall gold price on the technical side continued to be under pressure, retracing and oscillating in adjustment. Eventually, it stabilized at the 3340 level before the close, rebounding and oscillating to close. The daily K-line reported an oscillating digital K. The overall gold price continued the recent suppressed oscillating consolidation.
However, over the weekend, the US military attacked Iranian nuclear facilities, intensifying geopolitical tensions in the Middle East, and market risk-aversion sentiment heated up. This morning, the gold price gapped up, piercing the 3390 level, reaching a high of around 3398 before retracing and falling into oscillation.
In the short term, it is highly probable that the gold price will continue to operate in a wide-ranging oscillating interval between long and short positions, continuing to trade time for space. Although the gold price opened high and moved low, it still has not broken the long-term trend channel. Looking for opportunities to go long on retracement is also the current trend.
From the current market trend, today's technical support on the downside focuses on around 3350 - 3345, and the short-term resistance on the upside is around 3380 - 3385, with a key focus on the 3395 - 3405 level. For the day, first, rely on this interval to maintain the main tone of participating in the long - short cycle. For positions in the middle range, always observe more and trade less, and be cautious about chasing trades. Patiently wait for key points to enter the market.
XAUUSD
buy@3345-3355
tp:3370-3390-3410
Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.
GOLD Outlook: Bullish Above 3379, Correction Likely BelowGOLD – Technical Overview
Gold maintains bullish momentum, driven by heightened geopolitical tensions in the Middle East, which are increasing safe-haven demand.
The price is approaching the pivot level at 3379. A confirmed 1-hour close above this level would likely extend the bullish trend toward 3393 and 3404.
However, if the price remains below 3379, we may see a short-term bearish correction toward 3364, potentially dipping as low as 3339 before resuming the upward trend.
Key Levels
• Pivot: 3379
• Resistance: 3393, 3404
• Support: 3364, 3339
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!
GOLD/USD Falling Wedge Breakout PotentialChart Analysis:
The chart illustrates a Falling Wedge Pattern, a bullish reversal setup typically signaling a breakout to the upside.
📌 Key Observations:
📉 Downward Channel: Price has been compressing within a falling wedge (highlighted in blue), indicating potential exhaustion of sellers.
💪 Support Zone: Strong support observed near the 3,340 level, with price rejecting this zone multiple times (highlighted with orange circles).
🔼 Bullish Signals: Price recently tested the lower wedge boundary and bounced, suggesting potential reversal.
🎯 Breakout Target: Projected target after breakout is around 3,453.453 USD, aligned with previous resistance zone.
🟢 Buy Pressure Arrows: Green arrows signal previous bullish reactions from similar demand zones.
📈 Conclusion:
If price breaks above the wedge’s upper boundary with volume confirmation, a bullish rally toward 3,453 is expected. Keep an eye on breakout retest for entry validation.
✅ Trading Plan Suggestion:
Entry: On breakout above wedge resistance
SL: Below recent swing low (~3,330)
TP: 3,453 zone 🎯
🔔 Note: Wait for a confirmed breakout before entering to avoid false signals.
GOLD Intraday H1 Chart Update For 23 June 25 GOLD Intraday Chart show mid term Bearish move for now
For Today keep an eyes on 3368 level Breakout for Buy Scalping for long trade we may wait for dip around 3330-3340 zone SL remains possibly 100 pips
As long as market sustains below 3400 Psychological Level it will remains Bearish and will try to move towards 3200-30 Psychological
Gold Set to Rise If U.S.–Iran Tensions Escalate📊 Market Overview:
Gold traded within a volatile range this past week, hovering between $3,360 and $3,385/oz. The U.S. dollar weakened on expectations that the Fed will maintain current interest rates in July, while persistent inflation concerns globally have kept gold supported. However, a geopolitical shock emerged late in the week: President Donald Trump announced readiness to deploy troops to the Middle East if Iran continues provocation, raising the possibility of serious military escalation.
📉 Technical Analysis:
•Key Resistance Levels: $3,387 – $3,403 (weekly highs), $3,450, and extended targets at $3,500–$3,520.
•Nearest Support: $3,358 – $3,365 (lower bound of the bullish channel), then $3,344 and $3,320.
•EMA09: Price remains above EMA 09, confirming a short-term uptrend on both 4H and daily charts.
•Chart Pattern: On the H4 chart, a Bullish Flag/Wedge Breakout is forming. A solid hold above $3,360 and breakout above $3,387 may trigger a strong upward move.
📌 Outlook:
Gold is likely to break higher next week if U.S.–Iran tensions escalate into direct conflict. Safe-haven demand could surge, driving gold toward $3,450 or even $3,500/oz.
On the other hand, if tensions ease and the U.S. dollar recovers on strong economic data, gold may pull back to $3,344–$3,320 before resuming any uptrend.
💡 Suggested Trading Strategy
🔺 BUY XAU/USD
Entry: $3,358–3,365
🎯 TP: $3,387 / $3,403 / $3,450
🛑 SL: $3,344
🟡 Enter on pullback to support — preferably if geopolitical tensions rise.
🔻 SELL XAU/USD
Entry: $3,400–3,410 (if price becomes overbought, RSI > 70)
🎯 TP: $3,380 / $3,365
🛑 SL: $3,420
🟡 Only apply this if tensions de-escalate and the U.S. dollar strengthens.
Gold Trade Setup - 22/Jun/2025Hi Traders,
I expect this pair to go Up after finishing the correction.
1) We are in uptrend and potentially correcting for further upside.
2) The current move can be just a part of a intermediate correction or can even go to break the top.
How to Enter : Look for engulfing with in the SL zone.
GOLD 1H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 3376 and a gap below at 3348. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3376
EMA5 CROSS AND LOCK ABOVE 3376 WILL OPEN THE FOLLOWING BULLISH TARGETS
3395
EMA5 CROSS AND LOCK ABOVE 3395 WILL OPEN THE FOLLOWING BULLISH TARGET
3419
EMA5 CROSS AND LOCK ABOVE 3419 WILL OPEN THE FOLLOWING BULLISH TARGET
3440
BEARISH TARGETS
3348
EMA5 CROSS AND LOCK BELOW 3348 WILL OPEN THE SWING RANGE
3330
3306
EMA5 CROSS AND LOCK BELOW 3306 WILL OPEN THE SECONDARY SWING RANGE
3288
3271
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX