GOLD (XAUUSD): Technical Analysis & Important Pattern to Watch
For some known reason, Gold remains bearish this entire week.
The market is currently correcting within a falling channel - a bullish flag on a 4H time frame.
Ahead, I see a bunch of strong intraday supports.
From one of these structures, a bullish rally may resume.
A trigger that you should look for is a bullish breakout of
a resistance line of the flag and a 4H candle close above that.
A bullish continuation will be expected then.
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Goldsignals
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold continues to fluctuate, and range operations are effective!Gold opened high on Monday and then fell sharply. On Tuesday, it fluctuated and corrected with a cross-yang line. On Wednesday, the overall trend was also volatile. However, after the Fed's interest rate decision was announced on Wednesday, the price of gold fell to around 3362. The low point of this decline was just supported by the 10-day moving average. From a technical point of view, the support of the 10-day moving average at 3350 has become a key point. If this support can be effectively maintained, the gold price is expected to maintain a volatile pattern; once it breaks down, the short-selling force may continue, and then it will be necessary to look at the support of the 20-day moving average near 3350. In terms of upper resistance, the 5-day moving average is currently near 3390, which will suppress the upward movement of gold prices. Further resistance depends on the gains and losses of 3405.
There is not much change in the 4-hour chart. The lower track has not opened, and the support of 3360 is strong. It is still a bullish trend. However, it is worth noting that in the continuous rebound, the Bollinger middle track suppression point has not been broken. Relatively speaking, gold is weak and volatile in the medium term. Under the trend today, if it continues to rise, we must pay attention to the gains and losses of the dense suppression point 3405. If 3405 is broken, the trend strength will come out and we can see the high point of 3430. For intraday trading, we still maintain high-altitude and low-multiple, waiting for the trend strength to break through the space, and we are bullish above the support of 3350 during the day.
Gold operation strategy: It is recommended to short at the rebound of 3385-3390, with a target of 3370-3365; gold falls back to 3350-3355 and buys, with a target of 3375-3385;
Gold Hits PRZ with RD-! Time for Bears to Take Over?Gold ( OANDA:XAUUSD ) attacked the Resistance zone ($3,445-$3,406) once again, forming an Ending Diagonal at the top of the structure.
Although price reached the Potential Reversal Zone (PRZ) , the presence of Regular Divergence (RD-) between the last two peaks could indicate the weakening of bullish momentum .
In terms of Elliott Wave theory , we can clearly count a completed 5-wave structure , with an Ending Diagonal pattern . This supports the idea of a major correction starting soon .
I expect Gold to attack the lower lines of Ending Diagonal , and if it breaks, it could drop to at least $3,333 . The Second Target could be the Support zone ($3,451-$3,120) .
Do you think Gold will make a new All-Time High(ATH) again in this rally?!
Note: Stop Loss (SL) = $3,463
Gold Analyze (XAUUSD), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
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Gold Gains Ahead of Fed📊 Market Overview
• Reason: Gold is trading around ~$3,380–$3,400/oz, supported by geopolitical tensions in the Middle East and expectations that the Fed will maintain high interest rates before potentially cutting later this year.
• Weak U.S. economic data (retail sales, housing, industrial production) also adds to safe-haven demand, providing further support for gold prices.
📉 Technical Analysis
• Key resistance: $3,410 – $3,465
• Nearest support: $3,340 – $3,300
• EMA 09 (short-term): Price remains above the 09 EMA, rebounding from ~$3,366 and holding above the 50 EMA → indicates a bullish trend is still intact.
• Candlestick patterns & volume: Bearish engulfing appeared on June 17 but lacked follow-through. Lower volume suggests range-bound movement ahead of the Fed announcement.
📌 Outlook
Gold may continue to rise modestly (bullish) in the short term if:
• The Fed keeps rates unchanged or takes a moderately hawkish stance,
• Geopolitical risks persist,
• U.S. economic data continues to show weakness.
However, a surprise from the Fed or a strong USD could lead to a pullback. Watch key levels: $3,340 (support), $3,410 (resistance).
💡 Suggested Trading Strategy
🔻 SELL XAU/USD
Entry zone: $3,410–$3,420
• 🎯 TP: ~$3,390 – $3,400
• ❌ SL: ~$3,430
•
🔺 BUY XAU/USD
Entry zone: $3,340–$3,350
• 🎯 TP: ~$3,360 – $3,370
• ❌ SL: ~$3,330
Continue to short gold after the reboundGold has currently hit a low of around 3347, and rebounded after slightly breaking through 3350. It has now rebounded to around 3370. Will gold continue to rebound and hit 3400 again?
I think it is unlikely that gold will continue to rebound and hit 3400 in the short term. From a fundamental perspective, many of the news leaked out about the situation in the Middle East are untrue, and the conflict has not escalated further, so gold has not reacted much to this; and as market expectations for interest rate cuts decrease, the impact of news supporting gold's upward trend is gradually weakening;
From the current structure, since gold fell below 3370, bears have completely taken the upper hand. Although gold has rebounded from around 3347, it is only a short-term technical repair and oversold rebound from a structural perspective, and it cannot be said that it is a restart of bulls. So I think gold still has the risk of a second decline after the rebound, and once gold falls again, it may trigger a large number of profit-taking orders and a large number of short-sellers to enter the market.
As the center of gravity of gold shifts downward, the short-term resistance area moves down to 3380-3390; the current support area below is near 3350, followed by 3335. So for short-term trading, I still prefer gold short trading, and we can continue to short gold with this short-term resistance area.
Gold breaks down, short-term bears dominate the rhythmThe Fed's June resolution kept interest rates unchanged, but Powell's remarks (expected to slow down the pace of future rate cuts) suppressed gold prices, causing gold prices to fall from around $3,396 to $3,362; the rebound of the US dollar index put short-term pressure on gold, but gold rebounded slightly when the US dollar pulled back; the conflict between Iran and Israel continued to ferment, and the safe-haven demand partially supported the gold price, limiting the decline. After several days of volatility, gold opened slightly higher today and then fell sharply to $3,347.56 per ounce, breaking the unilateral decline in the volatile trend. The 4-hour moving average is in a short position, the Bollinger band is narrowing, and the gold price is running near the lower Bollinger band. Therefore, today's operation is to rebound and short.
Operational suggestions: Arrange short positions in batches in the 3370-3385 range, follow the trend, and control risks. Target 3350-3340.
XAUUSD Drop to daily support?XAUUSD After testing the daily resistance market has managed to reject with a momentum to daily 20ema early today. As we can see series of lower low and lower highs, price may continue to drop to daily 20ema again as, from weekly perspective we can see that price is pushing down to potentially to weekly key level of resistance.
GOLD SHORT-TERM CORRECTION AFTER 3,360 – Consolidation likely📊 Market Summary:
Gold pulled back to around 3,363 USD, currently trading near 3,373 USD USD strength post-Fed comments and overbought conditions are prompting a short-term correction, while geopolitical tensions provide mild underlying support .
📉 Technical Points:
• Resistance: ~3,387–3,388, then 3,400 .
• Support: ~3,363, with secondary support 3,352–3,355 .
• EMA/SMA: Above EMA50, below 20 SMA (~3,347), indicating range-bound behavior
• Momentum: RSI & MACD neutral, Stochastic ~58%—suggesting sideways movement .
📌 Outlook:
Expect continued consolidation between 3,352–3,388. Breach above may lead to breakout, breach below possibly triggers pullback toward 3,320.
💡 Trading Plan:
SELL XAU/USD: 3,380–3,385
• 🎯 TP: ~3,360
• ❌ SL: ~3,395
BUY XAU/USD: 3,363–3,365
• 🎯 TP: ~3,380–3,387
• ❌ SL: ~3,350
XAUUSD MARKET UPDATE 19 - 06 - 2025This chart presents a technical analysis of Gold CFDs (XAU/USD) on the 30-minute timeframe. Here's a breakdown of the key elements:
Chart Structure & Patterns:
Descending Channel: Price has been consolidating in a downward-sloping channel (marked in blue).
Projected Move: The sketch on the chart shows a potential false breakdown below the channel support, followed by a strong bullish reversal.
Support Zone: Around $3,321.534 to $3,341, highlighted in green/red — this is the expected reversal zone.
Resistance/Target Zone: A sharp upward arrow suggests the price could move towards the $3,453.550 area, the previous high and a key resistance.
Current Price:
$3,373.133 (as per the chart), sitting near the middle of the channel.
Analysis Summary:
This is a bullish setup expecting:
1. A dip to retest or fake out below the channel.
2. Reversal from the demand zone (highlighted green).
3. Breakout from the descending channel leading to a strong rally.
Invalidation likely occurs below $3,321.
Trade Idea (based on the chart):
Buy near: $3,340–$3,325
Stop loss: Below $3,321
Target: $3,440–$3,453
Would you like a written trading plan or risk management breakdown for this idea?
Today, the Federal Reserve is the key to breaking the deadlock!
📌 Core driving events
Yesterday, as the market believed that the possibility of direct U.S. involvement in the conflict had increased, tensions intensified again, and the market was once worried about possible attacks during the Asian session. Although it did not happen in the end, it is said that the next 24 to 48 hours will be a critical period. This wave of tension triggered widespread "risk aversion" operations in the market, but interestingly, gold did not react strongly. The market remained cautious before the Fed's interest rate decision was released, and the slight increase in risk appetite in the stock market also put pressure on gold prices.
📊Comment analysis
At present, the technical side of gold has been showing a bearish trend, but as of now, the market has not fallen below yesterday's closing low of 3364, and the upper side has been under pressure from the resistance of 3405. Long and short positions are wandering in this range, and the breakthrough market will either break through at the end of the day, and the current trend uses sideways trading to exchange time and space, and has not fallen below the support below, so there is a high probability that it will go up.
In the current tense market, it is more necessary to open a position near the high and low points to make a better game. At the same time, from historical experience, the impact of the Middle East geopolitical crisis on gold has three stages and has entered the second stage. The uncertainty of the global economy, the intensification of trade frictions and the rise in inflation expectations may provide structural support for gold. Therefore, if it does not break near 3364 today, it will be bullish first!
💰Strategy Package
Gold: More near 3368-70, defend the 3364 line, and look up to the 3397-3405 line. If it breaks 3405 upward, it will further impact 3422 and even the previous high, but if it breaks below 3364, the long single position will be adjusted out and it will no longer be bullish for the time being!
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
Stick to shorting goldGold is currently fluctuating in a narrow range of 3380-3385, and the trend is relatively slow. We also need more patience. In comparison, I think the current short-selling force has a slight upper hand, because gold has shown signs of accelerating decline after a difficult rebound many times, and has fallen below 3380 many times. According to the current gold structure, gold does not have sufficient room for decline, and it is still possible to continue to fall to the 3365-3355 area.
It is expected that gold will not fluctuate too much before the Fed's interest rate decision and Powell's monetary policy press conference. For this interest rate decision, I think the possibility of a rate cut is not great, and the current interest rate may still remain unchanged. The reduction in the expectation of a rate cut may stimulate a wave of gold declines in the short term. So in the short term, I still prefer a short trade in gold. Obviously, gold is currently under pressure in the 3395-3405 area, so we can still try to short gold in this area.
Gold Spot / U.S. Dollar (XAUUSD) 4-Hour Chart4-hour price movement of Gold Spot (XAUUSD) against the U.S. Dollar, covering the period from late June to early July 2025. The current price is $3,381.09, reflecting a slight decrease of $7.09 (-0.21%) over the period. The chart includes candlestick patterns, with a highlighted consolidation zone and a recent downward trend. Key price levels such as $3,401.46, $3,389.38, and $3,340.00 are marked, indicating potential support and resistance zones.
Seize the opportunity to short gold after the reboundBecause gold fell back to the expected support area of 3375-3365 first, I just took the opportunity to go long on gold near 3372 and set TP: 3390. Obviously, our long position ended the transaction by hitting TP, and we made a profit of 180pips.
At present, gold continues to rebound to around 3396, and is facing the short-term resistance area of 3395-3405, and the upside may be limited. And I think before the Fed's interest rate decision and Powell's monetary policy conference, gold is likely to maintain a range of fluctuations, and the willingness of both long and short parties to break through may not be strong in the short term. And from the current structure, gold tends to fluctuate downward as a whole.
So for short-term trading, we might as well try to short gold in the resistance area. I think it is still very likely to retreat to at least the 3385-3380 area.
Gold May Dip Slightly Before Rebounding📊 Market Dynamics
• Gold is supported by ongoing Israel–Iran tensions and a weaker USD, despite a slight pullback as some investors take profits.
• Citi has revised its short-term outlook for gold to around $3,300, citing potential for deeper correction in the mid-to-long term if investment demand weakens.
📉 Technical Analysis
• Key Resistance: $3,440 – $3,450 (recent highs)
• $3,420 – minor resistance (psychological mid-level)
• Nearest Support: $3,374 – $3,380 (accumulation zone)
•$3,365 – deeper support, in case $3,374 is breached
• EMA 09: Price remains above both EMA09 and EMA20, signaling that short-term bullish momentum is still intact.
• Candle/Volume/Momentum:
RSI (H1): Currently at 46.8, indicating weakening momentum and potential for further pullback unless a rebound occurs soon. This is a neutral zone – neither overbought nor oversold.
📌 Outlook
With RSI below 50 and buying momentum fading, gold may undergo a mild correction toward the $3,374–3,380 zone before a clearer trend emerges. A break below $3,365 would likely trigger a short-term bearish shift. Conversely, if support holds and RSI climbs above 50, a bullish reversal could follow.
💡 Suggested Scalping Setup
• SELL XAU/USD at: $3,440–3,445
🎯 TP: $3,420
❌ SL: $3,451
• BUY XAU/USD at: $3,374–3,380
🎯 TP: $3,395
❌ SL: $3,365
Gold Pulls Back After Testing Resistance📊 Market Overview:
Gold fell to a low of $3,374 earlier today after testing the $3,434 resistance late last week. The drop was primarily due to profit-taking near recent highs, alongside a mild recovery in the US dollar. Despite this pullback, the medium-term uptrend remains supported by expectations of upcoming Fed rate cuts and persistent geopolitical tensions in the Middle East.
📉 Technical Analysis:
• Key Resistance: $3,434 – $3,450
• Nearest Support: $3,374 – $3.360
• EMA: Price remains above both EMA 09 and EMA 20, suggesting a continuation of the short-term bullish trend.
• Candlestick / Volume / Momentum:
o RSI is holding around 61–63, no longer in overbought territory.
o MACD remains positive, though upward momentum has slowed.
o Bearish candles during the Asian session suggest lingering sell pressure near $3,430. A technical rebound from $3,374 is currently underway.
📌 Outlook:
Gold may consolidate between $3,370–$3,390 in the near term. If the $3,360 support holds, a rebound toward $3,420–$3,440 is likely. However, a stronger USD could increase downside pressure.
💡 Suggested Trade Strategy:
🔻 SELL XAU/USD at: $3,410 – $3,420
🎯 TP: $3,385
❌ SL: $3,430
🔺 BUY XAU/USD at: $3,374 – $3,378
🎯 TP: $3,400 – $3,420
❌ SL: $3,360
Gold Potential Bullish ContinuationAfter retracing to the approx. 3370 - 3380 zone, gold still seems to exhibit signs of overall potential Bullish momentum as the price action may form a credible Higher Low with multiple confluences through key Fibonacci and Support levels which presents us with a potential long opportunity.
Trade Plan:
Entry : CMP 3393
Stop Loss : 3286
TP : 3499 (Before All Time High)
Gold on the Rise! – Bullish Setup in Focus The chart shows a repeating consolidation‑then‑breakout pattern, with Gold forming ascending swing structures, consolidating in rectangles (green), then riding higher along a rising trendline (purple). Price has just bounced off that trendline again, signaling a possible new leg up—potentially targeting the upper range near $3,448–3,450. A clear breakout above that level could open the door toward $3,500+.
📍 Trading Plan
🎯 Entry
Long on breakout above recent consolidation highs (~$3,440–3,448).
Alternatively, buy the dip near the purple trendline (~$3,385–3,390), with confirmation (hammer candle, bounce).
🛑 Stop‑Loss
For breakout: just below the top of the rectangle consolidation (~$3,389).
For trendline entry: slightly below recent swing low (~$3,358–3,360).
🎯 Profit Targets
Primary: upper rectangle level (~$3,448–3,450).
Extension: historic all‑time high region (~$3,500) → next major zone.
🎥 Path
Potential minor pullback toward trendline.
Bounce establishes support.
Surge toward top of range.
Breakout with trend continuation to new highs.
📊 Trade Risk & Reward
Target ~60–100 pts above entry, stop ~50 pts below → ideal Risk:Reward ≥ 1:1.2.
📌 Key Levels to Monitor
Level Role
$3,360 Swift dip support (green base line)
$3,390–3,400 Trendline confluence zone
$3,440–3,450 Breakout area & top of rectangle
$3,500 Next major resistance/all‑time high
🧭 Market Context & Drivers
Broad uptrend remains intact amid geopolitical tensions, especially the Israel–Iran situation, which continues to support safe-haven flows
Markets are positioning ahead of Fed’s June 18 decision; dovish signals could fuel continuation toward new highs (~$3,500+)
.
Technical structure reflects bullish momentum—ascending wedge patterns with shallow dips and strong trendline bounces
.
✅ Summary
Bias: Bullish – uptrend intact.
Strategy: Go long on dip near trendline or on breakout above $3,445.
Stop‑Loss: Just below last swing low ($3,360).
Targets:
Near-term: $3,448–3,450
Medium-term: $3,500+
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUAD Today update 17 - 6 -2025This chart shows a 30-minute timeframe for Gold (TVC:GOLD) with a clear short-term price action analysis. Here's a breakdown:
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🔍 Key Levels & Zones Identified:
1. Resistance Area:
Around 3,384.174 — marked with a black dashed zone at the top.
Price previously rejected here.
2. Current Price:
3,386.600 (as of 10:56 UTC on June 17, 2025), slightly above the resistance — indicating a potential fakeout or bullish breakout attempt.
3. Support Zone:
Around 3,338.913, highlighted in blue.
The chart notes: "If it comes down below that, it will come down."
Suggests a bearish continuation if price breaks this level.
4. Target Support:
Near 3,325–3,300, green thick band at the bottom.
This is the zone marked "then it will touch", likely the next bearish target.
---
🔁 Pattern Insight:
A triangle or consolidation is forming, shown by blue trend lines — potential breakout or breakdown zone.
If price fails to hold above 3,384.174, it could retest 3,338.913.
A confirmed break below that support opens a move to 3,325 or lower.
---
🧭 Summary:
Bullish Scenario: Hold above 3,384 and break out to retest highs above 3,425.
Bearish Scenario: Drop below 3,338 → target 3,325–3,300 zone.
Let me know if you'd like a trading strategy or confirmation indicators added to this analysis.
I think these 2 scenarios can happen for gold to reach new ATHGold supported by Israel-Iran conflict, US intervention in focus
Gold's sharp rise came late last week after Israel struck multiple targets in Iran, including Tehran's nuclear facilities.
The attack sparked fierce retaliation from Iran, which launched a barrage of missiles at key Israeli targets, including the financial capital Tel Aviv. Some of the Iranian missiles were also seen penetrating Israel's "Iron Dome" defense system.
What do you think?
Best regards, StarrOne !!!