Get started

Metals

The latest gold trend analysis strategy on June 6: Analysis of key factors Risk aversion subsides: The call between the Chinese and US heads of state released a signal of trade easing, weakening the demand for gold as a safe haven, causing the gold price to rise and then fall (3403→3335). Fed policy expectations: Inflationary pressure may prompt the Fed to maintain high interest rates, suppressing the upside of gold, but economic uncertainty still provides support. Technical shock pattern: The daily line alternates between positive and negative, showing a tug-of-war between bulls and bears. 3405-3300 becomes the short-term key range. Technical analysis Daily level: Form: On Thursday, it rose and fell back to close in the negative, falling below the 5-day moving average, but the slight increase during the day showed buying support. Key position: 3405 above (previous high/resistance), 3330-3300 below (support area). Trend: Maintain range shocks, need to break through 3405 or break below 3300 to choose the direction. 4-hour level: Interval convergence: 3385-3335 is the main fluctuation range of the Asian and European sessions, and short-term trading can be high-short and low-long. Long-short watershed: 3385 breaks through and tests 3405, and 3335 breaks down and looks at 3300. Trading strategy Asian and European sessions (short-term): Long strategy: light long positions in the 3350-3342 area, stop loss below 3335, target 3370-3385. Short strategy: short short near the rebound of 3385, stop loss above 3400, target 3350-3335. US session/trend (breakthrough confirmation required): Break above 3385: follow up long orders, target 3405, and hold cautiously after the breakthrough. Break below 3335: follow the trend and go short, target 3310-3300, pay attention to take profit at low level. Risk Warning Impact of non-agricultural data: If the data deviates greatly from expectations, it may cause violent fluctuations, but the probability of a high rise and fall is expected to be high. News tracking: Pay attention to the progress of Sino-US trade and the speeches of Federal Reserve officials. Any unexpected news may break the shock pattern. Operational suggestions: Sell high and buy low in the current range, strictly stop loss, and avoid chasing ups and downs. Conservative investors should wait for the area around 3300 to arrange medium- to long-term long positions, or follow up after an effective breakthrough of 3405.
FOREXCOM:XAUUSD
by Golden_Line_FX
XAUUSD H1 Outlook – Clean Breakdown, Focused Zones in Play👋 Good afternoon, legends! Here’s your XAUUSD H1 Outlook + Sniper Plan for June 9, 2025. We’re mid-retrace in a bearish shift, and structure is giving us real opportunities both ways. 📍 Bias: Bearish intraday — structure has shifted, and we’re working inside discount + premium rotations. 🔹 1. 🔍 H1 Structure Summary Confirmed CHoCH → BOS → LL below 3314. Price is sweeping the 3308–3300 weak low, sitting in a sensitive zone. Expect either pullback to supply or continuation into deeper demand. 🔹 2. 📐 Key Intraday Structure Zones Zone Type Price Range Notes 🔼 Sell Zone #1 3350 – 3365 H1 OB + supply flip + fib confluence 🔼 Sell Zone #2 3378 – 3390 M15 premium sweep + LH trap 🟣 Flip Zone 3324 – 3332 BOS origin + minor FVG — reactive zone 🔽 Buy Zone #1 3275 – 3260 Discount OB + imbalance cluster 🔽 Buy Zone #2 3238 – 3225 Deep structure demand + M30 liquidity pool 🔹 3. 📊 EMA Alignment EMA5/21 crossed bearish Price is under EMA50, 100, and 200 → full bearish EMA pressure Retracements into premium = opportunities to sell with trend 🔹 4. 🧠 Sniper Flow Commentary Price is currently tapping weak low zone (3308–3300) If 3314–3332 acts as resistance, we’re in for continued downside flow Cleanest sell comes from 3350–3365, but any valid rejection from flip zone is still playable short Only buy if deep discount zones are hit with confirmation — don’t rush longs in bearish flow ⚔️ Intraday Sniper Plan – June 7, 2025 🔼 Sell Zones 3350–3365 → Premium OB and fib rejection zone 3378–3390 → Final sweep zone above LH 🔽 Buy Zones 3275–3260 → First structural OB in deep discount 3238–3225 → Major support from HTF demand stack 🟣 Flip Zone 3324–3332 → Watch for reaction and possible rejections ✅ GoldFxMinds Final Note It’s not about predicting — it’s about preparing. Sell the traps. Buy only strength in structure. Let price prove itself before entry. Stay focused and confident!💬 Drop your chart view below ,follow for more — GoldFxMinds view💡
TRADENATION:XAUUSDShort
by GoldFxMinds
2
XAUUSD Daily Outlook – Premium Pressure & Weak High Trap in Play Hey team! Hope you’re staying sharp as we close out this NFP week. Here’s your Daily Outlook for XAUUSD — built from clean structure, supply/demand logic, and current price action. 📍 Bias: Neutral → leaning bearish while inside premium rejection zone 🔹 1. 🔍 Daily Structure Overview Recent CHoCH down after failing to break above the weak high at ~3395. Price is reacting from premium supply and has now tapped a daily FVG near 3315. We're in a mid-premium rejection area, with multiple rejections from the 3350–3395 zone. 🔹 2. 📐 Key Daily Zones Zone Type Price Range Notes 🔼 Premium Supply Trap 3350 – 3395 Weak high, CHoCH zone, FVG, supply OB 🔽 Retracement Demand 3278 – 3262 Clean OB + imbalance zone (FVG) 🔽 Mid-Demand Range 3172 – 3140 Breaker block + daily wick base 🔽 Deep Demand (Discount) 2950 – 3020 Full retracement zone from last BOS 🔹 3. 📊 EMA Context (Daily) EMA 5/21 cross locked bullish — but starting to curl as momentum slows. Price is testing EMA21 from above; breakdown below it could invite further retracement. All EMAs still stacked bullish, but showing early signs of cool-off. 🔹 4. 🔢 Fibonacci Swing Swing used: 3245 (swing low) → 3395 (current top) Price is now below 38.2% retracement (~3335) 50% = 3320, 61.8% = 3300 → high confluence in this cluster for potential bounce or breakdown decision. 🔹 5. 📉 RSI Check RSI diverging slightly from highs → bearish divergence forming Currently near 58 → leaves room for downside without being oversold 🔹 6. 🌍 Macro Context NFP Report just released → Mixed numbers: NFP weak, unemployment up = mildly bullish gold CPI incoming – key for inflation outlook and Fed tone Market uncertain → risk-off flows could favor gold, but rejection from premium likely before CPI clarity ⚔️ Scenarios for June 9 Start 🔽 Bearish Plan (likely early-week setup) Rejection from 3335–3350 → short trigger zone TP1 = 3278 TP2 = 3172–3140 (if momentum extends) 🔼 Bullish Continuation Clean reclaim of 3350 and 3395 breakout → flip into aggressive bullish continuation Target = 3450–3500 FVG above current ATH ✅ GoldFxMinds Final Note We’re in the heart of the premium trap — don’t buy blindly into strength. Let price show intent. ⚠️ This week may be a pre-CPI fakeout zone — stay patient, let the structure guide you. 📣 If you’re watching this with us — drop your thoughts in the comments. Are we heading to 3170 first or flipping 3395 clean? Let’s crush the week, — GoldFxMinds 💡
TRADENATION:XAUUSD
by GoldFxMinds
XAUUSD Weekly Outlook – Premium Territory Battle BeginsHey team! Hope you're all feeling sharp and focused — here’s what we’re watching this week on XAUUSD 👇Week of June 9–13, 2025 📍 Bias: Bullish, but cautiously reactive at premium supply 🔹 1. 🔍 Market Structure (W1) Strong impulsive BOS continuation from 3245 → current price near 3312. Weekly structure shows clean Higher Highs (HH) and Higher Lows (HL) since Q4 2023. The premium zone around 3380–3500 is now in play — it’s a weak high zone with upside liquidity targets still intact. 🔹 2. 🧱 Key Weekly Zones Zone Type Price Range Notes 🔼 Premium Supply Zone 3380 – 3500 Final weak high zone, imbalance + OB supply above 🔽 Demand Support 1 3115 – 3170 Recent impulsive candle origin & imbalance 🔽 Demand Support 2 2950 – 3020 Prior CHoCH base & last HL support 🔽 Long-Term Demand 2660 – 2720 Weekly OB, deep discount zone 🔹 3. 📊 EMAs Context EMA 5 / 21 / 50 / 100 / 200: Full bullish alignment. Price is aggressively extended above all EMAs, suggesting possible retracement into the 3115–3170 zone if price fails to break above premium supply cleanly. 🔹 4. 🎯 Fibonacci Swing Analysis Main fib: 3245 (last HL) → 3395 (current swing high). 50% retracement = ~3320, current price is hovering around this equilibrium. A move back to 3115–3170 = golden zone, could serve as a clean long re-entry if premium gets rejected. 🔹 5. 🧠 RSI Context Weekly RSI remains overbought, hovering near 70+. Momentum remains strong, but any failure to break the weak high may trigger a cooling phase (pullback to EMA50 or fib 61.8%). 🔹 6. 🌍 Macro + Geopolitical Notes NFP released Friday (June 6): Mixed impact — job creation weak but hourly earnings slightly strong. Fed still data-dependent → CPI (next week) will be key. Gold remains sensitive to inflation + Fed rate expectations. A dovish shift or inflation spike could send price beyond 3400. 📌 Weekly Scenarios 🔼 Bullish Continuation Break above 3380–3395 → 3450–3500 target zone Needs impulsive close above premium with volume and no rejection wick. 🔽 Retracement Play Failure to break 3380 → pullback into 3115–3170 Clean demand, imbalance, and fib confluence support re-entry. ✅ GoldFxMinds Final Note Gold is now in premium pricing — either distribution begins, or we’ll witness a parabolic extension into 3450–3500. 🧠 Watch reactions, not just zones. Trade confirmation. 💬 Let us know how you're positioning for the week — are you buying dips or fading premium? Stay sharp, — GoldFxMinds 💡
TRADENATION:XAUUSD
by GoldFxMinds
GOLD - Price can drop to support line of triangle patternHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 In this chart price formed a triangle pattern, where it first declined to support line and then made an impulse up. After this, Gold broke $3165 level and, after a small correction reached and broke $3400 level too. Then it rose to resistance line of triangle and dropped below $3400 level, breaking it one more time. Price tried to back up, but failed and dropped more to support line of triangle, after which started to grow. In a short time price rose to resistance line of triangle, which coincided with resistance level and area. Now, I think that Gold can drop from resistance area to $3250 point of support line of triangle. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDShort
by WalterMoon
14
SILVER Set To Fall! SELL! My dear friends, Please, find my technical outlook for SILVER below: The price is coiling around a solid key level - 35.598 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 34.911 Safe Stop Loss - 36.515 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. 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:XAGUSDShort
by AnabelSignals
1
Gold Market Update Ahead of US Jobs Data On Friday, gold edged up slightly ahead of key US jobs data (NFP). Optimism over a US-China deal and USD profit-taking are capping gold’s gains. A weak NFP (<100,000) would bolster expectations of a Fed rate cut (54% chance in September), supporting gold, while a strong NFP (>200,000) would pressure it downward. Technically, the market is bullish, with prices consolidating in the 3300-3340 range after breaking resistance. A shakeout at support is possible before the trend resumes. Resistance: 3375, 3391, 3414 Support: 3339, 3331 Forecasting prices before NFP is tough, so it’s best to wait for the data and monitor price reactions. Prices may stay range-bound until next week, depending on fundamentals. Best regards,
OANDA:XAUUSD
by Henrybillion
XAUUSD – NFP STORM AHEADXAUUSD – NFP STORM AHEAD: WILL GOLD BREAK HIGHER OR FACE A DEEP CORRECTION? Gold is entering a critical phase ahead of tonight’s Non-Farm Payrolls (NFP) report — one of the most influential economic releases globally. With US-China trade tensions resurfacing and growing concerns over US national debt, the precious metal market is likely to experience high volatility during the US session. 🌍 MACROECONOMIC & POLITICAL OUTLOOK Trade negotiations between the US and China have resumed, with China reaffirming its intent to defend strategic metal exports amidst ongoing tariff threats. The US national debt is projected to reach $55 trillion by 2034, prompting central banks worldwide to continue stockpiling gold as a hedge against fiat devaluation. Fed Chair Jerome Powell maintains his stance of “not rushing to cut rates,” but political pressure — especially from former President Trump — is escalating rapidly. Unemployment Claims fell slightly last week, reinforcing the view of a weakening labour market. If tonight’s NFP print disappoints, gold may surge on renewed expectations of future Fed easing. 📈 TECHNICAL ANALYSIS (H1 – EMA 13/34/89/200) Gold has formed a classic impulsive wave structure, with recent highs tested around the 3408 – 3410 resistance zone. Price action is consolidating near the EMA 89 and EMA 200, suggesting indecision and building energy for a potential breakout. A breakdown below the 3344 – 3332 support zone could trigger a move toward the FVG liquidity block near 3320, a potential institutional buy level. 🔍 STRATEGIC KEYLEVELS TO WATCH Resistance levels: 3380 – 3392 – 3408 – 3436 Support levels: 3365 – 3350 – 3344 – 3332 – 3320 🧭 TRADE SETUPS 🔻 SELL ZONE: 3408 – 3410 Stop Loss: 3415 Take Profit: 3404 → 3400 → 3395 → 3390 → 3380 → 3370 → 3360 → 3350 🔵 BUY ZONE: 3318 – 3316 Stop Loss: 3310 Take Profit: 3322 → 3326 → 3330 → 3335 → 3340 → 3350 → 3360 → ??? ✅ CONCLUSION Gold is “holding its breath” before the potential NFP-triggered breakout. If NFP disappoints → USD weakens → Gold could explode above 3410. If NFP beats expectations → Sellers may take full control and shift the market into a correction phase.
OANDA:XAUUSDLong
by MMFlowTrading
1
Gold Update – Will Buyers Drive It to 3,485 USD?Great to see all traders again in today’s gold price discussion at the end of the trading session. LyngridTrading here! Yesterday, gold dropped sharply, with the metal falling by 600 pips during the US session. However, by this morning, it quickly regained its upward momentum, supported by buying pressure around the 3,340 USD support zone. Specifically, gold regained its momentum after the latest data on the US labor market was just released, showing that the number of initial state unemployment claims rose to 247,000 (seasonally adjusted) by the end of May 2025, according to the announcement from the U.S. Department of Labor. This figure is higher than expected, reflecting a weakening US labor market, which has increased expectations that the Fed will soon cut interest rates to support the economy. From a technical perspective, as previously analyzed, gold holds a strong short-term technical advantage from the support zone around 3,340 USD. If buying pressure continues, there will be nothing stopping it from rising to 3,485 USD, in line with the idea scheduled at the same time yesterday.
OANDA:XAUUSDLong
by LygridTrading
3
XAUUSD: Bullish Structure Still Intact?Dear friends, To begin this post, I want you to understand why I want to connect with the global TradingView community. Simply put, I want to share the value I have and listen to more perspectives from all of you. This helps build a stronger, more united community. And what about you. What do you think of OANDA:XAUUSD hovering around 3,370 USD? Let’s explore it together! OANDA:XAUUSD is moving within a very clear ascending channel, with price action consistently respecting both the upper and lower boundaries. This indicates that the bullish structure is still being maintained and the buyers remain in control. The recent upward momentum further reinforces the belief that this trend could continue. The price is currently approaching a key support zone, marked by the lower boundary of the channel and a previous demand area. If this zone holds, it could offer a strong re-entry opportunity for buyers. The projected bullish target is 3,485 USD, which aligns with the upper boundary of the channel and represents a reasonable upside objective. This is the area I will closely monitor to find a trend-following buy entry, as long as bullish momentum remains intact. Of course, I do not dismiss the opposite scenario. Failure to hold this dynamic support may suggest that bullish momentum is weakening and could shift the short-term trend to neutral or bearish. Let me know your thoughts or if you see it differently!
OANDA:XAUUSDLong
by LygridTrading
Silver Rising on Weak Dollar, Soft NFP, and Gold StrengthSilver continues to push higher, driven by a combination of macro and technical tailwinds. The latest US Nonfarm Payrolls (NFP) report showed weaker-than-expected job growth, reinforcing expectations that the Federal Reserve may stay on hold or even tilt dovish. As a result, the Dollar extended its slide, providing a strong tailwind for precious metals. Gold remains firm near record highs, and Silver is starting to catch up, gaining momentum both as a safe-haven asset and an industrial metal. The weaker Dollar environment boosts Silver’s appeal, while softer labor data raises hopes for looser financial conditions ahead. Equity markets are also rising, reflecting a positive outlook on economic growth and demand. This supports the industrial side of silver, especially with rising consumption in solar, electronics, and EV-related industries. Technically, silver is testing resistance near USD 37.50. A clean break above this level could open the path toward USD 39.00 and beyond. While RSI suggests short-term overbought conditions based on the daily chart, dips toward USD 35.00 – 36.00 would likely attract buyers. The combination of soft US data, weaker Dollar, strong Gold performance, and firm equity markets points to sustained upside potential. Watch for follow-through above USD 37.50 to confirm the next bullish leg.
TVC:SILVERLong
by fwalbaum
GOLD → Intra-range strategy. Waiting for NFPFX:XAUUSD remains consolidated in the 3340-3391 range. The price is stuck in the middle of the range due to the uncertainty created by upcoming unemployment news... On Friday, gold rose slightly, remaining within the range ahead of important US employment data (NFP), which could set the direction for the market. Optimism over the US-China deal and profit-taking on the dollar are supporting the USD, holding back gold's rise. A weak NFP (less than 100,000) will reinforce expectations of a Fed rate cut and support gold. A strong report (above 200,000) will have the opposite effect. The probability of a rate cut in September is 54%. Technically, on the daily timeframe, the market structure is bullish. After a sharp breakout of resistance and a new high, the price is consolidating above the upward trend line, forming a plateau in the 3300-3340 zone. Another shakeout from support is possible before the trend resumes Resistance levels: 3375, 3391, 3414 Support levels: 3339, 3331 Forming a price forecast ahead of news, especially ahead of NFP, is a thankless task. Therefore, it is advisable to wait for the news and monitor the price reaction. A retest of the consolidation boundary and a rebound are possible. There is a chance that the price will remain in consolidation until next week, but again, it all depends on the fundamental background... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
9
GOLD ROUTE MAP UPDATEHey Everyone, A great finish to the week with our 1H chart idea finishing off with the rejection from 3389 with no further cross and lock above that level confirming the rejection. We continued to see a drop into the lower Goldturns with each level giving 20 to 40 pip bounces., We are now seeing 3334 Goldturn being tested. Lets see if we get the 20 to 40 pip reactional bounce before close of play. We’ll be back now on Sunday with our multi-timeframe analysis and trading plans for the week ahead. Thanks again for all your likes, comments, and follows. Wishing you all a fantastic weekend!! MR GOLD
OANDA:XAUUSD
by Goldviewfx
9
Analysis and layout of the latest gold trend in the evening📰 Impact of news: 1. The United States issues new sanctions on Iran 2. Trump continues to criticize the Federal Reserve 📈 Market analysis: The 1H moving average of gold has shown signs of turning downward. If a death cross structure is formed subsequently, it will open up further downward space. From the market point of view, the price of gold rebounded to around 3364 after the release of non-agricultural data. This position constitutes a short-term key resistance level. If the rebound is under pressure here during the US trading session, short selling on rallies can still be considered. Although the price of gold has started to decline, it has not been able to fall below the important support of 3,300, so the long-term direction remains unchanged. At the same time, we need to pay attention to the effectiveness of the 3310 support line in the short term, and consider long trading only after the bottom is confirmed. For short-term trading, consider shorting at 3340-3350, and look to 3320-3310 🏅 Trading strategies: SELL 3340-3350 TP 3320-3310 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
OANDA:XAUUSDShort
by AllenBoswell-2
Why Guess When You Can Snipe? | Gold Battle Plan – June 6, 2025👋 Hey Gold warriors — It’s NFP Friday, the chart is loud, and the trap zones are alive. Today isn’t about guessing direction — it’s about reacting to structure like a tactician. Let’s break it all down, level by level 👇 📊 BIAS Breakdown – Multi-Timeframe 📅 Daily Bias: Neutral-to-Bullish Rejection wick formed off 3343 HL Still trading inside premium → caution on longs Bias stays bullish above 3343 — watch for push into 3399–3412 ⏱ H4 Bias: Bearish Structure, Bullish Momentum LH still valid at 3399 Price pushing up from H4 OB around 3343 Bullish EMAs → but still in supply region = danger zone above 🕐 H1 Bias: Bullish BOS confirmed from 3355 HL support at 3343 remains clean Bullish continuation valid toward 3399 if price doesn’t break 3343 🧠 Battle Plan – Intraday Zones 🔐 Zone Type 📍 Key Levels 🎯 Game Plan 🔼 SELL ZONE 1 3398–3412 HTF supply + FVG. Short if M15 shows reversal — scalp to 3343 🔼 SELL ZONE 2 3378–3385 LH retest. Only scalp if 3398 doesn’t break 🔽 BUY ZONE 1 3343–3350 HL + OB zone. Look for M5/M15 BOS to long to 3385 🔽 BUY ZONE 2 3320–3332 Strong discount zone. OB + CHoCH origin. Expect reaction 🔽 BUY ZONE 3 3288–3302 Only valid if full flush — use confirmation only! ⚔️ Sniper Scenarios ✅ Buy A → Hold 3343 → long to 3378/3390 ✅ Buy B → Reclaim 3332 → long scalp toward 3375 ❌ Sell A → Spike 3398–3412 → M15 shift → target 3342 ❌ Sell B → Reject 3385 → short to 3350 (scalp only) 💬 Final Word from GoldFxMinds Today’s battlefield is volatile, but the map is clear. We don’t gamble. We plan, we wait, we snipe. ⚠️ Don’t chase candles. Don’t react emotionally. 🎯 Let price show its hand — then strike with logic and precision. 👇 If this plan keeps you sharp: 👍 Smash that like 💬 Comment your bias below 📍 Follow for more sniper blueprints — GoldFxMinds 💛
TRADENATION:XAUUSD
by GoldFxMinds
1
THE KOG REPORT - NFPQuick one today as we haven't had much time to put together the report. Instead, the red box levels are shared below and the extreme red boxes are on the chart. We have key level 3365 which needs to break as shown and key level 3345 which needs to break downside. RED BOX TARGETS Break above 3365 for 3366, 337, 3385, 3390, 3406 and 3420 in extension of the move Break below 3350 for 3345, 3336, 3329, 3320, 3310 and 3298 in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
4
Long positions have made profits, focus on support📰 Impact of news: 1. The United States issues new sanctions on Iran 2. Trump continues to criticize the Federal Reserve 📈 Market analysis: At present, the gold price has touched 3340. If it stabilizes here, we can arrange to go long. However, the gold price is constantly testing downwards, which is why I did not arrange to go long immediately. At the same time, we need to be vigilant about whether the gold price will fall below the important support of 3330. If it really falls below 3330, the gold price may test the support of the integer mark of 3300, which will also determine the future market trend. 🏅 Trading strategies: SELL 3400-3370 TP 3340-3330-3300 BUY 3335-3330 TP 3350-3370 SELL 3325-3320 TP 3310-3300 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
Gold Rejected Below $3370 — Eyes on Lower Demand Zones! (READ)By examining the gold chart on the 4-hour timeframe, we can see that after our previous analysis, the price climbed to $3388, giving us nearly 150 pips of return. However, gold was rejected from that level and failed to hold above $3370, eventually dropping below $3360. Currently, gold is trading around $3348, and we may likely see further decline toward lower levels. The potential downside targets are $3338, $3332, $3326, and $3317. Key demand zones to watch are: → $3327 → $3311 → $3298–$3300 → $3278 Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSDShort
by ArmanShabanTrading
12
SPY/QQQ Plan Your Trade For 6-6 : Inside-Breakaway Counter-TrendToday's pattern suggests the markets may attempt a Counter-trend type of Inside Breakaway pattern. I read this as a downward price trend (counter to the current upward price trend). The markets seem to have bounced overnight - prompting a potentially strong opening price level. If my Inside-Breakaway shows up today, things could get very interesting if a breakdown in price sets up. Many of you know I've been expecting a broader market breakdown to take place - sending the SPY/QQQ down about 7% to 13% or more. It hasn't happened yet and the SPY/QQQ continue to try to push a bit higher - but, until we break to new highs, the breakdown event is still possible. Let's see how things play out today. Platinum is showing that the global markets are entering an extreme speculative phase (very similar to 2000-2008). Transports are stalling, showing the US economy is expected to weaken over the next 3+ months. Imagine that. Speculation is ramping up while the US market may move into a recession in H2:2025. Wow. We certainly live in interesting times. 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
3