GOLD/USD – Bullish Reversal Pattern FormingGOLD/USD – Bullish Reversal Pattern Forming 🟢📈
📊 Chart Analysis:
The chart shows a strong Inverse Head and Shoulders pattern forming, which is a classic bullish reversal signal:
🔹 Left Shoulder and Right Shoulder – Marked with orange circles, both found support near the 3,263 level (purple line), suggesting strong buying interest at this zone.
🔹 Head – The lowest point in between the shoulders, also bouncing from support.
🔹 Resistance Zone – Marked with red arrows around 3,500–3,520. This zone has rejected price action multiple times in the past.
🔹 Support Zone – Marked below 3,200, where previous consolidation and buying took place.
📈 Projected Move:
The neckline breakout suggests a potential move toward the 3,520+ level. A minor pullback is expected before continuation. If price breaks above resistance, we could see a strong bullish rally.
📌 Key Levels:
Support: 3,263 🟩
Resistance: 3,500–3,520 🟥
Potential Target After Breakout: 3,550+ 🎯
✅ Bias: Bullish above 3,263 support
⚠️ Invalidation: A break below the neckline would cancel the bullish setup
Goldpreis
XUA/USD) Bullish trand support level Read The captionSMC trading point update
Technical analysis of (XAU/USD) on the 30-minute timeframe, incorporating a support zone and trendline confluence strategy. Here's a breakdown
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Analysis Summary
Key Technical Elements:
1. Uptrend Channel:
Price is trading within a rising channel.
Higher highs and higher lows indicate bullish momentum.
2. Support Zones:
Key Support Level (near 3,400): A horizontal support zone has been marked where price previously bounced (confirmed by green arrows).
Trendline Support: This upward sloping trendline adds confluence to the horizontal support zone.
3. EMA 200 (3,377.96):
Acts as a dynamic support level.
Price is well above the EMA, supporting bullish sentiment.
4. Projected Price Move:
The chart anticipates a dip back to the support area (~3,400), followed by a bullish bounce.
Target is clearly defined at 3,504.01, with a measured move of about +103.36 points from the support.
5. RSI Indicator:
RSI is around 57, which is neutral to slightly bullish.
No overbought/oversold signal yet – supporting potential for more upside.
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Bullish Bias Reasoning:
Confluence Zone: Horizontal + trendline + EMA 200.
Healthy Price Structure: Higher lows being maintained.
Momentum Indicator (RSI) supports continuation.
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Risks / Considerations:
If price breaks below the confluence support (~3,400), bullish invalidation may occur.
Monitor for false breakouts or heavy selling pressure near resistance.
Mr SMC Trading point
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Trading Plan
Buy Zone: Around 3,400 (support confluence).
SL: Below the trendline/EMA – e.g., 3,370 or lower.
TP: Around 3,504 (target zone marked).
Please support boost this analysis)
GOLD/USD Bullish Breakout PotentialGOLD/USD Bullish Breakout Potential 🚀📈
🔍 Chart Analysis (June 15, 2025):
The GOLD/USD price action shows strong bullish momentum after a successful breakout above the previous resistance zone (now turned support) around $3,400. This level had previously acted as a key resistance multiple times (evidenced by the price rejection in early June), but has now been flipped into a support zone. The chart highlights two major elements:
📌 Key Highlights:
✅ Support Zone:
The $3,390–$3,410 range is now a confirmed support area after price broke above and retested it. This zone was previously tested multiple times (marked by arrows) and is expected to act as a launchpad for further upside.
🎯 Target Point:
The projected bullish target lies in the $3,610–$3,640 range. This level has been highlighted as a potential area where price might face resistance again.
📈 Bullish Projection:
A bullish continuation is expected if the price remains above the $3,400 level. The chart suggests a possible pullback to support before continuation towards the target zone.
⚠️ Technical Outlook:
As long as price holds above support, the bias remains bullish.
A drop below $3,390 would invalidate this bullish scenario and call for reassessment.
Conservative entry may wait for a confirmed bounce from support.
🔮 Summary:
Bullish bias is active for GOLD/USD with a short-term target around $3,620. Watch the $3,400 support closely for confirmation of the upward momentum.
Analysis of gold price trend next week!Market news:
Weak U.S. inflation data released earlier this week reinforced expectations that the Federal Reserve will cut interest rates, increasing the appeal of spot gold. It hit a two-month high. The geopolitical tension in the Middle East has caused investors to flock to safe-haven assets. Earlier, Israel's air strikes on Iran have once again raised concerns about a wider conflict in the Middle East. In terms of physical gold, demand in major Asian centers weakened this week due to a sharp rise in prices, and the Indian gold price broke through the important psychological level of 100,000 rupees. As geopolitical tensions in the Middle East intensified over the weekend, gold prices may continue to benefit from risk aversion next week, and London gold prices are expected to target $3,500/ounce at the beginning of next week! Next week will also be affected by the Fed's decision and Powell's speech. In addition, U.S. President Trump will visit Canada from June 15 to 17 to attend the G7 Leaders' Summit. His speech at that time may also affect the fluctuation of international gold prices, which is worth paying attention to.
Technical Review:
From the market point of view, the overall bottoming and rebounding trend of gold this week has undoubtedly laid a strong foundation for buying. It is understandable to follow the trend and rise. However, since the gold price fell back at the end of the week and closed near 3433, I think it is necessary to make a short-term decline judgment on the market trend at the beginning of the week. As the gold price continues to rise, various graphics have formed very obvious and strong support, among which the 3419 line and the 3400 mark shown by the upper track of the daily Bollinger Band are the most important. Once the gold price can stabilize above this area today, the daily support will definitely continue to rise, which will also lay a more favorable foundation for buying to steadily hit new highs. Combined with the risk aversion demand caused by risk events, it is not an exaggeration to expect the gold price to approach the 3500 mark next week! But if the short-term reversal is sold, the 3400 mark is taken, and the daily MACD indicator forms a dead cross green column and continues to increase in volume, then the possibility of selling down to the daily 5-day moving average will be increased. However, whether this possibility can be realized needs to be judged in combination with more factors. After all, the overall trend of gold is still rising. If the adjustment is too strong, it will not only break the trend, but also cause the gold price to fall into a weak trend below 3400 in the short or medium term.
Next week's analysis:
Gold rose again on Friday under the stimulation of risk aversion. Gold was directly bought at 3413 on Friday, and the circle of friends also directly prompted to buy. Gold rose and harvested as expected. Gold has been shrouded in risk aversion in the Middle East these two days. In the short term, the trend of gold is still supported by risk aversion, and it may go up a level. If risk aversion is not relieved at the weekend, it will continue to buy next week. At present, the risk aversion sentiment of gold is constantly escalating, and buying is also strong and irresistible. So before there is a significant change, it is to continue to buy to the end, and the rise is not a top, and go with the trend. Gold's 1-hour moving average is still a golden cross with upward buying divergence, and the buying power of gold is still there! After the rise of gold's safe-haven, gold adjusted sideways in the short term, but it is still oscillating strongly at a high level. Now it is still in the process of rising. If there is no bad news to make gold fall and break, then the short-term volatility of gold is an adjustment in the process of rising, and it will continue to rise at any time. After gold buying breaks through 3400, gold buying sticks to the 3400 line, so if it falls back to 3400 next week, it will continue to buy on dips. If the risk aversion of gold eases and falls below 3400, then we may readjust our thinking.
Operation ideas:
Buy short-term gold at 3405-3408, stop loss at 3396, target at 3450-3470;
Sell short-term gold at 3457-3460, stop loss at 3469, target at 3420-3400;
Key points:
First support level: 3422, second support level: 3405, third support level: 3390
First resistance level: 3446, second resistance level: 3458, third resistance level: 3472
As conflict escalates, gold is cautiously long📰 Impact of news:
1. The geopolitical situation between Israel and Iran deteriorates
📈 Market analysis:
The worsening geopolitical situation caused a surge in gold prices. The intraday short-term support points of 3420, 3402, and 3380 will all become key support for testing bulls. If the European session is strong, 3420 cannot be lost. If it falls back and loses, it will move closer to the top and bottom conversion position of 3402. If you go long later, you must pay attention to the weakening of the upward momentum. If the European session continues to break the high of 3440, then the US session can be seen around 3468-3493. If the upward momentum in the European session weakens, we need to watch out for a short-selling counterattack and a sharp decline. The geopolitical situation is unstable. Bros must strictly control SL when trading independently.
🏅 Trading strategies:
BUY 3420-3402-3380
TP 3390-3400-3420-3460-3490
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
The summit is just around the corner, just one final push away!Gold closed sideways at a high level yesterday, and closed positive again overnight. It opened back to 3379 and pulled up strongly, breaking through the 3400 mark and then increasing in volume. The recent low-multiple bullish ideas have been realized. Today, there is no doubt that it will continue to be bullish and long. The market has turned from the previous sweeping upward to a strong unilateral trend. The upper side will first look at the previous high pressure of 3435. Continued breakthrough will further open up the upper space, or it will hit 3500 or even a new high again. The lower support focuses on the top and bottom conversion position of 3395-3405, and then pay attention to the 1H cycle support near 3410. Intraday operations are still mainly based on falling back and long.
Operation suggestion: Go long when gold falls back to 3395-3345, and look at 3434 and 3450. If it is strong, continue to go long with the support of 3415-3410.
GOLD/USD Bullish Breakout ConfirmationGOLD/USD Bullish Breakout Confirmation 🚀📈
📊 Technical Analysis Overview:
The chart illustrates a bullish breakout above a well-defined resistance zone around $3,390–$3,400. Price action has decisively closed above this resistance, suggesting strong bullish momentum.
🔍 Key Observations:
🟦 Support Zone:
Marked clearly between $3,250–$3,280, this level has held firm multiple times (highlighted with green arrows and orange circles), confirming buyer interest and market structure.
🟦 Resistance Turned Support:
The previous resistance zone around $3,390–$3,400 has now potentially turned into a new support. Price retesting this zone and holding would further validate the breakout.
📈 Future Projections:
The chart anticipates a retest-pullback-continuation scenario:
Pullback to new support 📉
Bullish continuation toward $3,460+ 🎯 if support holds.
✅ Bias:
Bullish as long as price remains above the $3,390 zone. Break and hold below would invalidate the bullish setup.
📌 Strategy Tip:
Look for confirmation on the lower timeframes (e.g., bullish engulfing or pin bar) on the retest before entering long.
Gold prices soared again!Market news:
Spot gold continued to be strong in the early Asian session on Friday (June 13), and is currently trading around $3,423 per ounce. London gold prices have risen for three consecutive days, fueled by geopolitical tensions in the Middle East and the Federal Reserve's interest rate cut bets caused by the cooling of US economic data. The global financial market is in a complex environment with multiple factors intertwined, and the attractiveness of international gold as a safe-haven asset has once again become prominent.Tensions in the Middle East have become an important catalyst for the rise in gold prices. The supporting role of geopolitical risks on gold prices cannot be underestimated. Historically, whenever there is a major conflict or escalation of tensions in the Middle East, gold has often become a safe haven for funds. At present, the confrontation between Iran and the United States and the potential conflict risks of regional military bases have provided solid momentum for gold prices to rise.In the short term, gold still has strong upside potential, especially driven by geopolitical risks and expectations of interest rate cuts. However, investors need to be wary of the risk of a correction that may be brought about by inflationary pressures and uncertainty in trade policies. For long-term investors, the value of gold as a safe-haven asset in a diversified investment portfolio cannot be ignored.
Technical review:
Technically, gold maintains a strong positive structure, and yesterday's sharp rise approached the 3400 mark. The daily chart still remains above the MA10/5-day moving average, and the RSI indicator is at the 50-value axis and turns upward, and the price is in the upper track of the Bollinger band. The short-term four-hour chart moving average system maintains a golden cross opening upward, and the price gradually moves up along the MA10-day moving average, and the price is running in the upper track of the Bollinger band channel. The technical side of gold continues to fluctuate upward, with low-multiple layout as the main idea and high-altitude auxiliary. The current market is strong. If it breaks through the high on Thursday, there will be a second chance of rising on Friday. In terms of operation, keep the idea of buying on pullback. Pay attention to the support near 3407 below in the short term, and pay attention to the resistance near 3438 above. It may fall back after a strong pressure of 3450;
Today's analysis:
The situation in the Middle East has escalated. Gold has risen again due to risk aversion, directly breaking through 3400. The risk aversion sentiment of gold has heated up, and there are signs of easing for the time being. Then the risk aversion sentiment of gold may increase, and gold is expected to continue to rise. Gold bulls have begun to take the lead again under the blessing of risk aversion. At present, gold buying is better, so continue to buy. The 1-hour moving average of gold has formed a golden cross upward buying arrangement. The buying power of gold is getting stronger and stronger, and it is unstoppable. The outbreak of risk aversion is completely an emotional catharsis. Only when the emotions are fully released, the strength of gold bulls will weaken. The decline of gold is buying. The Asian session of gold fell back to the 3400-line barrier to support low-price buying.
Operation ideas:
Buy short-term gold at 3410-3420, stop loss at 3395, target at 3430-3450;
Sell short-term gold at 3447-3450, stop loss at 3458, target at 3400-3380;
Key points:
First support level: 3407, second support level: 3392, third support level: 3378
First resistance level: 3438, second resistance level: 3450, third resistance level: 3473
XAU/USD(20250613) Today's AnalysisMarket news:
The number of initial jobless claims in the United States for the week ending June 7 was 248,000, higher than the expected 240,000, the highest since the week of October 5, 2024. The monthly rate of the core PPI in the United States in May was 0.1%, lower than the expected 0.30%. Traders once again fully priced in the Fed's two interest rate cuts this year.
Technical analysis:
Today's buying and selling boundaries:
3374
Support and resistance levels:
3434
3412
3397
3351
3337
3314
Trading strategy:
If the price breaks through 3397, consider buying in, and the first target price is 3412
If the price breaks through 3374, consider selling in, and the first target price is 3351
Gold price fluctuates again, layout in the evening📰 Impact of news:
1. Initial jobless claims data favors bulls
📈 Market analysis:
The high of 3392 in the US market fell back for the first time to test the 3377 area to stop the decline and then tried again but failed to break through the 3400 integer mark. It can be seen that this position is very suppressed. The top and bottom conversion of 3377 has become the watershed for bulls to defend in the future market. 3400 is the short-term key pressure and the closing line has a long upper shadow K. If 3377 is lost, the price will fluctuate again. In the short term, focus on the 3390-3400 resistance on the upside and the 3377-3365 support on the downside.
🏅 Trading strategies:
SELL 3385-3395
TP 3370-3360
BUY 3365-3360
TP 3390-3400
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
Repeated sweeps, gold trend analysis and operation layout📰 Impact of news:
1. Pay attention to the initial unemployment claims data
📈 Market analysis:
Gold price jumped higher in Asian session. The short-term upper pressure is at 3375. Once it breaks, the upward route of bulls will be opened. The RSI indicator in the 1H chart began to retreat after touching the overbought area. Last night's high of 3360 is now a breakthrough, and the previous strong suppression is at 3350. This morning's Asian session was also broken and stabilized. Then 3360-3350 has changed from a suppression position to a support position. Therefore, the next position we should pay close attention to should be around 3360-3350. If it can fall back to 3360-3350 in the future, it is possible to enter the market to do more, but at the same time, it is also necessary to defend 3345. Independent trading requires a SL.
🏅 Trading strategies:
BUY 3360-3350
TP 3370-3380-3400
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(20250612) Today's AnalysisMarket news:
① The EU hopes that the trade negotiations will be extended beyond the suspension period set by Trump. ② Bessant: As long as "sincerity" is shown in the negotiations, the Trump administration is willing to extend the current 90-day tariff suspension period beyond July 9. ③ Trump will hold multiple bilateral talks during the G7 summit. ④ The total customs revenue of the United States in May reached a record high of US$23 billion, an increase of nearly four times year-on-year. ⑤ Lutnick: One deal after another will be reached.
Technical analysis:
Today's buying and selling boundaries:
3343
Support and resistance levels:
3388
3371
3360
3326
3315
3298
Trading strategy:
If the price breaks through 3371, consider buying in, and the first target price is 3388
If the price breaks through 3360, consider selling in, and the first target price is 3343
How to arrange the gold price in the evening? Go long at 3330📰 Impact of news:
1. CPI data is profitable
2. The US CPI rose slightly in May, and Trump's tariff effect has not yet fully emerged
📈 Market analysis:
The trend line position of the 4H chart coincides and resonates with the middle track of the Bollinger Band, with 3326 as the watershed reference. This is why it is difficult to break below this point after repeated tests. Once it breaks below, the short-term trend is likely to fluctuate from strong to weak. However, the current support below is still strong at 3330-3326. The repeated rise and fall of data during the day also stopped the decline at this point. If the price does not lose here, the pattern of strong fluctuations will remain unchanged, and the bulls will gradually regain lost ground. At present, it is time for space. The operation suggestion for the future market is to continue to rely on the bullish trend above 3330, and 3330-3326 can be flexibly entered. At the same time, the RSI indicator is above 50 and there is still some space from the overbought zone. The signal is given that 3360, although the long upper shadow line K is closed, is very likely not the short-term top. After the sharp rise and fall in 1H, it went sideways and waited for the next wave of strength. If the night close is above 3326, the upper area will probably be 3350-3360. If the price can break through and stabilize this level, the upward pace will most likely accelerate to reach 3370-3380.
🏅 Trading strategies:
BUY 3330-3326
TP 3350-3360
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 rebound is still a short-selling opportunityFirst of all, let's take a look at why the market is still not reversing after a big rise, and there is a rapid rise and fall?
The data is bullish, and gold is rising rapidly, but we should pay attention to the sustainability of the rise, and secondly, the current trend direction. The overall trend of gold is still fluctuating downward recently, so even if the data is bullish, it is likely to just give an opportunity to "go high and short".
Although gold performed strongly after the data was released, it began to fall under pressure at the 3360 line, the trading concentration area of the last box shock, indicating that the bulls' volume is still not enough to break through the upper resistance. It is reasonable to rise and fall.
Since gold is currently in a market that is tempting to buy more, it means that the main trend is still bearish. The rebound is still dominated by short selling. The gold 1-hour cycle closed with a long upper shadow, indicating that the upward attack is weak, indicating that the area above 3350 is still a strong pressure area. This upward rush is just a short-term effort with the help of data benefits, which is a typical false breakthrough. Therefore, gold rebounded to the 3350-3360 area in the US market, and it is still dominated by high shorts.
This is the charm of the market - some people are always hesitant in the ups and downs, while others can always grasp the key turning points. The premise is to be able to see the trend clearly and follow the trend.
Don't be led by the market, but understand: Is the current fluctuation a trap or an opportunity?
If the direction is wrong, the effort will be in vain; if the direction is right, you will get twice the result with half the effort.
Don't make excuses for failure, just find ways to succeed. Have you found it?
All recent trading strategies and ideas have been realized, and the point predictions are accurate. If your current gold operation is not ideal, we hope to help you avoid detours in your investment. Welcome to communicate with us!
Analysis of the latest gold price trends!Market news:
In the early Asian session on Wednesday (June 11), spot gold fluctuated in a narrow range and is currently trading at $3,330 per ounce. London gold prices rose and fell on Tuesday as the conflict between Russia and Ukraine continued and the World Bank also lowered its global economic growth forecast. Traders are closely watching the Sino-US trade negotiations, the results of which may ease trade tensions and boost the global economy, thereby reducing the demand for safe-haven assets, while the continued rise in US stocks has also suppressed the safe-haven buying demand for international gold.In the past few days, gold has fallen from its recent highs, mainly because the market has optimistic expectations for negotiations between China and the United States and Britain and Russia. If the United States and China reach a trade agreement, it will weaken the attractiveness of gold as a safe-haven asset. Gold is a hedge investment tool and usually rises during periods of geopolitical and economic uncertainty. The market is currently focusing on the upcoming US CPI data for May. Expected data show that inflation may rise slightly to 2.5%, with core CPI around 2.9%. If the data exceeds expectations, it may be bearish for gold in the short term; if inflation slows down, it will strengthen the market's expectations for the Fed to cut interest rates this year, which is bullish for gold prices.
Technical review:
Technical daily chart continues to close with alternating yin and yang cycles, the moving average is glued together, and the RSI indicator runs on the middle axis. The moving average of the four-hour chart is glued together, the price is adjusted near the middle track of the Bollinger Band, and the RSI indicator is flat. Gold rose above 3349 yesterday and fell back to 3320 in the early morning. After a sharp drop to 3315 in the Asian session, it needs to break the low point of 20 in the early morning and then quickly rise to 3331. Pay attention to the 3320 position in the Asian session. If 3320 stabilizes and moves upward, continue to look at the test of 3340/50 during the day. Otherwise, if it loses again or adjusts around 20 during the day, it will be regarded as a weak sell. Pay attention to 3306/3293 below. Gold technical aspects continue to be arranged with a shock idea. Under the premise that there is no news to stimulate the selling, gold continues to maintain low-price buying as the main technical aspect, and high-price selling as the auxiliary.
Today's analysis:
From the daily level, gold is in a high-level shock consolidation since the peak of 3500. The current highs of 3500, 3435, and 3403 are gradually moving down, and the lows of 3120, 3245, and 3293 are gradually rising. The shock range is gradually narrowing. The short-term market may continue to maintain shocks. If it breaks, it needs to wait for the direction of the breakthrough to be stimulated by major news!
So today's lock range is 3293-3360. It is recommended to sell at high prices and buy at low prices to treat shocks, mainly short-term or ultra-short-term, and do not chase ups and downs before the range is effectively broken.
Operation ideas:
Buy short-term gold at 3310-3330, stop loss at 3292, target at 3340-3360;
Sell short-term gold at 3350-3363, stop loss at 3362, target at 3300-3310;
Key points:
First support level: 3320, second support level: 3306, third support level: 3292
First resistance level: 3346, second resistance level: 3358, third resistance level: 3376
Gold fluctuates repeatedly, and opportunities emerge!Gold was under pressure for the second time during the day, and the pressure at the 3349 line fell back. It continued to be treated with a fluctuating mindset. The 4H cycle observation showed that the Bollinger Bands were closing, and the K-line repeatedly interspersed around the middle track. The short-term structure tended to fluctuate upward. Pay attention to the 3348-3350 and 3362 pressure zones above, and the support below is located in the 3315 and 3302 areas. In terms of operation, the main long and auxiliary short ideas are maintained, and the guidance of CPI data is paid special attention.
Operational suggestions: Gold retreats to the 3315-3305 area and tries to arrange long orders, with the target looking at 3338 and 3349. A strong breakthrough can look up to 3360. If the 3350-3360 pressure zone above is not broken, short orders can be tried in the short term.
All recent trading strategies and ideas have been realized, and the point predictions are accurate. If your current gold operation is not ideal, we hope to help you avoid detours in your investment. Welcome to communicate with us!
How to plan for the positive effects of CPI data?📰 Impact of news:
1. CPI data is profitable
2. The US CPI rose slightly in May, and Trump's tariff effect has not yet fully emerged
📈 Market analysis:
The CPI data is bullish. The current gold price has risen to around 3360. We took profits at the 3330 level and exited the market, which once again confirmed the forward-looking nature of our trading vision. From a technical perspective, the RSI indicator in the short-term hourly chart is close to the overbought area. In the short term, pay attention to the upper resistance line of 3360-3365. If it rebounds to the 61.8% position and encounters resistance and pressure, consider shorting at high levels. On the contrary, if it effectively breaks through and stabilizes above, it is expected to touch the 3400 line. In the short term, pay attention to the lower support line of 3340-3330.
🏅 Trading strategies:
SELL 3360-3365
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.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
CPI is coming, which direction should gold go?
True trading masters can maintain inner peace in the hustle and bustle of the market and are not confused by short-term fluctuations. They know that the short-term trend of the market is full of randomness, like ripples on the water, seemingly complicated but difficult to predict. They are like gatekeepers of the mind, with strong determination to resist the emotional interference of the market, and no matter how big the market fluctuations are, they will not let them lose their footing. When others are scared and want to sell their stocks quickly, they can keep their composure; when others are stimulated by the daily limit and want to chase high, they can hold the bottom line.
The international gold price opened at $3,325/ounce and closed at $3,322/ounce on the last trading day. The real part of the daily K-line fell by only $3/ounce and finally closed at the cross line. Yesterday, the gold price fluctuated slightly and closed down, mainly because of the market's attention to the progress of Sino-US trade negotiations. The market generally believes that if the negotiations can ease trade tensions and boost the global economy, it will weaken the demand for safe-haven assets. At the same time, the strengthening of the US dollar also brings downward pressure on gold.
Weekly candlestick chart: running in the rising channel, long-term buy on dips
Daily candlestick chart: running in disordered oscillation structure, cautiously wait and see in the medium term
4-hour chart: running in an oscillating bullish trend, short-term buy on dips
30-minute chart: bottom structure established, short-term buy on dips above 3326
Intraday plan to continue to buy in the 3332 area, defend 3325, target 3350-60
GOLD PRICE ACTION ANALYSIS – June 11, 2025 GOLD PRICE ACTION ANALYSIS – June 11, 2025 🟡
Technical Breakdown & Bearish Scenario Ahead ⚠️📉
🔍 Overview:
The chart presents a clear range-bound structure with strong horizontal resistance around the $3,400–$3,420 zone and support around the $3,120–$3,160 level. Price is currently trading near the upper range of the consolidation.
📊 Key Technical Levels:
🔴 Resistance Zone: $3,400 – $3,420
➤ Price has been rejected here multiple times (highlighted by red arrows and orange circles), showing strong supply pressure.
🟣 Intermediate Support: $3,260.618
➤ This level acted as a minor support and could be tested again if the current pullback deepens.
🟤 Major Support Zone: $3,120 – $3,160
➤ A key demand area where price previously bounced significantly.
📉 Bearish Setup:
A potential lower high is forming just below the resistance zone.
The projected path suggests a minor pullback to form a bearish retest, followed by a potential breakdown below $3,260.
If the $3,260 support is broken decisively, further downside toward the $3,120–$3,160 support is likely (blue arrow projection).
🔄 Bullish Scenario (Invalidation):
A breakout and strong close above $3,420 could invalidate the bearish structure.
In that case, price might attempt to target higher resistance levels beyond $3,440.
📌 Conclusion:
Gold remains in a range with a bearish bias unless the $3,420 resistance is breached.
🔽 Watch for confirmation below $3,260 for bearish continuation.
✅ For bulls, wait for a strong breakout above resistance with volume.
Analysis of gold prices on June 11
📌Gold news
🎈Economic data and policy expectations
U.S. employment data; initial jobless claims increased for two consecutive weeks, and the market focus shifted to the non-farm payroll report released this week. The data performance will affect the Fed's policy path.
Trump pressures interest rate cuts: Trump recently called on the Fed to cut interest rates by "one percentage point" again, and hinted that he would consider replacing the Fed chairman, exacerbating market expectations for loose monetary policy.
🎈Long-term support factors
Despite short-term fluctuations, global economic and geopolitical uncertainties (such as repeated trade frictions and debt risks) still provide long-term safe-haven demand for gold, especially in the context of the divergence of monetary policies between European and American central banks, the allocation value of gold is highlighted.
📊Technical analysis
Before the European session, the gold price showed a continuous positive trend. I gave a hint in my analysis that I was not in a hurry to guess the top, and followed the trend to rise to around 3340 and wait for the turning point to appear. The opening trend of the European session tended to fluctuate until it rose to around 3348 in the evening and then turned from rising to falling, but the decline was not strong. It rose again at the position of the European session. Now the gold price is trading around 3350. From the market point of view, this wave of rise was supported by the trend line at 3300. Whether it was geopolitical conflicts or various news about Sino-US trade negotiations that stimulated buying to drive gold prices up, the second rise in the US session has exceeded 3340.
The next key suppression level is around 3360, which is 618 from 3403 to 3300, which can be treated as a turning point. The initial support below focuses on the high point of yesterday's Asian session at 3338.
💰Strategy Package
Waiting for gold: short at 3355-3360, stop loss at 3365, target at 3340-3328!
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
Gold V-shaped reversal still has room to rise In the morning, the market was under pressure at 3328, and two consecutive big negative lines fell to the low of 3302, breaking through the lower track of the descending flag consolidation channel, forming an effective break. 3317 was originally the confirmation point of the channel counter-pressure, and it was also the 618 split resistance at the time. Then the middle track was lost, and the trend was bearish, so it tried to rebound but continued to fall under pressure.
But the market immediately made a V-shaped reversal, breaking through the morning high of 3328, and had attacked to 3342 before the US market. The European session was volatile and strong, and with the help of a pullback before and after the U.S. session to lure short sellers, there is still hope for a second rise
The focus of the support for the retracement is on two positions: one is the 3322 line, corresponding to the middle track and 50% split support; the other is 3318, corresponding to the 618 split support. If it stabilizes after touching it, it will most likely point to the 3348 counter-pressure position.
If the pressure of 3348 cannot be broken, there is still a possibility of repeated fluctuations in the short term. It is necessary to pay attention to whether the secondary low point appears when it pulls back to further consolidate the support structure. If the market directly breaks through and stands above 3348, 3293 may have been confirmed as a short-term low.
The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
Gold fluctuates repeatedly and opportunities emerge.Gold bottomed out in the Asian session and rebounded to break through the opening of the decline. The European session continued to break through yesterday's high. The US session continued to break through the key pressure position of 3335-3345, and walked out of the standard strong cycle. After the break, it is necessary to change the thinking and follow the trend to be bullish. Pay attention to the support below 3315-3325. In terms of operation, it is mainly long when it falls back. The upper side gradually looks to 3352 and 3365. If the pressure is not broken, look at the falling space!
Operation suggestion: Go long when gold falls back to 3325-3315, and look at 3338 and 3352! If the pressure above 3352 and 3365 is not broken, you can short!
The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
Gold rebounds and repairs, is it a shock or a bull market?📰 Impact of news:
1. Geopolitical situation
2. Impact of the US dollar trend on gold
📈 Market analysis:
At the gold hourly level, after the pressure in the Asian session in the morning, it directly fell to the vicinity of 3302. The big Yin effectively lost the lower track of the descending flag consolidation channel. The original 3318 line was the confirmation of the channel counter-pressure point, which happened to be the 61.8% split resistance level at that time. At the same time, it lost the middle track. Therefore, we gave a trading idea of looking at the rebound under pressure and continuing to decline in the European session. As a result, the market directly took a V-shaped wash-up and once pulled up to the vicinity of 3342.
The European session fluctuated strongly and rose. Before and after the US session, it took advantage of the retracement to lure the short position, and there is still the possibility of a second pull-up space. Therefore, in the subsequent retracement support level, pay attention to two positions, one is 3322-3324, and the other is the 61.8% division support level of 3318. If it stabilizes, there is a high probability that there will be a second upward space, pointing to 3348. If the pressure here cannot be overcome, the bottom will continue to oscillate back and forth. At that time, it will fall back to see if a secondary low point can be formed to further stabilize the support. If it goes straight through and stands on it, 3293 may already be the short-term low.
On the whole, I still hold short orders before the effective breakthrough of 3345, but at the same time, as the gold price rebounds and moves upward, the short-term support level is temporarily expected to be 3325-3320.
🏅 Trading strategies:
SELL 3335-3345
TP 3325-3315
BUY 3325-3330
TP 3350-3360
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.
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