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XAUUSD: Market Analysis and Strategy for June 19Gold technical analysis Daily level upper resistance 3500 lower support 3338 4-hour upper resistance 3419 lower support 3361 1-hour upper resistance 3400 lower support 3366 Gold news analysis: This week, gold rose to 3450 with the help of regional conflicts and then fell, eventually falling below the 3400 integer mark. Combining the intraday trend and the gradually downward movement of the high point in the weekly chart, it can be seen that the short-sellers' control in the market is gradually increasing. From a technical point of view, yesterday's decline drove the gold price to run below the middle track of the Bollinger band again, and the short-term 5-day moving average also fell. Although there is still a possibility of a rebound in the short term, the overall pattern is bearish. The Bollinger band has signs of closing, which means that there may be a shock adjustment in the future, especially the rebound strength after the support is worth paying attention to. Gold operation suggestions: From the current trend analysis, the support below focuses on the four-hour level 3365 and the one-hour level 3366 support, and the upper pressure focuses on the vicinity of 3419. The short-term long-short strength and weakness dividing line is near 3361. Continue to buy on dips before the four-hour level falls below this position. Buy: 3361near SL: 3355 Buy: 3400near SL: 3995
TVC:GOLDLong
by ActuaryJ
Trading strategy june 18Yesterday's D1 candle was a Doji candle. It shows the hesitation of buyers and sellers at the price near ATH. The h4 structure is a sustainable bullish wave structure and is heading towards higher hooks. The 3400 zone is the immediate resistance zone that Gold is heading towards. This zone will be the breakout zone for the confirmation of the candle closing above 3400. The profit-taking reaction zone of sellers at 3415 acts as a price reaction when the price uptrends again and creates momentum towards 3443. On the opposite side, the breakout point of 3472, if broken, will push the price to the support zone of 3342 Break out zone: 3400; 3372 Resistance: 3415; 3443 Support: 3343
OANDA:XAUUSD
by VHT_Trader
1
Gold (XAU/USD) 4H Technical Analysis - 18 June-2025Gold has been in a bullish 4H uptrend, making higher highs and higher lows. Recent data show gold peaked near ~$3,445 on June 16 (a new all-time high) before pulling back toward the $3,400 area. In other words, price action remains constructive: successive higher lows (around $3,372, $3,322) and higher highs (around $3,445) indicate a strong uptrend. As long as each pullback holds above the prior swing low (so far ~$3,372), the bullish structure (Break-of-Structure, BOS) is intact. A decisive drop below ~3,372 (and especially below ~$3,322) would violate that structure (a Change-of-Character, CHoCH) and open a deeper correction. Market Structure & Bias (4H) Bullish bias: Gold has made a series of higher lows and highs on 4H, confirming an uptrend Technical indicators (RSI bullish, price above 200-SMA) and fundamentals (safe-haven demand) support this bias. Caution near $3,400: The key $3,400 zone has switched roles as resistance-turned-support. Holding above $3,400 keeps bulls in control, but failure to regain it could allow a deeper dip toward ~$3,350. Break-of-Structure (BOS): A BOS (new 4H high) upholds the uptrend. A CHoCH (e.g. a close below $3,372/$3,322) would signal a possible reversal Key 4H Levels & Zones Resistance/Supply: ~$3,445–3,450 (recent swing high); ~$3,500 (psychological/all-time level). Price may stall or reverse near these supply zones. Pivot/$3,400: ~3,400–3,413 zone – a critical pivot. Gold traded near $3,400 recently; a break above targets $3,450, while failure could drop to support. Support/Demand Zones: ~$3,372 (prior 4H higher-low). Near ~$3,350–3,353 – the 61.8–78.6% Fibonacci retracement of the last rally and a “golden pocket” demand area. ~$3,322–3,328 – a strong 4H demand order-block where price held on the last pullback. Finally ~$3,300 (major low below). Order Blocks & Imbalances: Smart-money traders note a 4H demand block at $3,322–3,328 (the low of a large bullish candle). A brief sweep above $3,338 (a liquidity grab) was followed by a clean bounce from this zone. Any unfilled gaps (imbalances) near $3,380–3,400 may attract price back during retracements. In summary, the 4H chart shows a bullish structure with key support at ~$3,372–3,350 (demand/Fib zone) and resistance around $3,445–3,500. As FXStreet notes, the uptrend remains “intact” on 4H as long as dips are bought. However, traders should watch for any break below $3,372/$3,322, which would flag a bearish structure break. Until then, the overall bias is bullish, favoring long entries on dips into the above support zones. 1H High-Probability Trade Setups (Bullish Bias) Setup 1 – Buy on $3,400 pivot hold: Entry zone $3,390–3,400 (at/just above 4H pivot). Stop: ~$3,380 (just below pivot, ~$10 below entry). TPs: $3,420 and $3,450. Trigger: A bullish candlestick pattern or break-and-retest of ~$3,400 (e.g. bullish engulfing or hammer on 1H). Reason: The $3,400 level is a key 4H support/resistance flip. Holding here would confirm the uptrend continuation, targeting the recent swing highs. A 1H bullish signal (like a reversal bar) gives a clear entry. Setup 2 – Buy on deep pullback: Entry zone $3,370–3,380 (around 4H higher-low). Stop: $3,360. TPs: $3,400 (the pivot) and $3,420. Trigger: A strong 1H bullish candle or double-bottom forming near zone. Reason: This area lines up with the 4H demand/Fib zone ($3,350–3,372). It represents a higher-low in the 4H structure. A bounce here would signal buyers stepping in at a key support. Setup 3 – Buy after breakout of $3,445: Entry zone $3,450–3,455 (above recent high). Stop: ~$3,440. TPs: $3,480 and $3,500. Trigger: A clean 1H candle close above $3,445 (breakout) and retest. Reason: A push above $3,445 (June high) would form a new 4H BOS, suggesting continued momentum. Buying on the breakout retest captures follow-through to the next targets. (Each setup uses a small $~10 stop relative to gold’s price. Always wait for the specified trigger pattern before entering.) Takeaway: On the 4H chart, gold remains bullish while above ~$3,372/$3,350. Key zones to watch are $3,372–3,350 (buy zone) and $3,400–3,445 (sell/resistance). For now, favor long entries into support, and confirm with clear 1H signals before trading.
OANDA:XAUUSD
by Tami512
XAUUSD H1 I Bearish Reversal Off the 50% FibBased on the H1 chart, the price is approaching our sell entry level at 3408.11, a pullback resistance that aligns with the 50% Fib retracement. Our take profit is set at 3375, an overlap support that aligns with the 50% Fib retracement. The stop loss is set at 3441.66, a multi swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:XAUUSDShort
by Tradu
Missiles in the Middle East, Headwinds on Nasdaq: NAS100 onHey There; The trend line on the NAS100 has been broken to the downside. My target level after this breakout is 21,299.47. If the price moves towards this level, I think it will reach my target in line with fundamental analysis due to the broken trend line and Iran-Israel war tensions. I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses. I’m truly grateful for each of you—love to all my followers💙💙💙
FX:NAS100Short
by TraderTilki
7
GOLD fluctuates, but remains generally stable sidewaysOANDA:XAUUSD has been volatile and volatile but has remained broadly stable as investors assess the conflict between Israel and Iran while keeping an eye on this week's Federal Reserve policy meeting. Spot gold was steady at $3.38/oz at press time, down from a high of $3,403/oz yesterday (Tuesday). Israel and Iran traded fire for a fifth day on Tuesday as US President Donald Trump called for the evacuation of the Iranian capital Tehran and cut short his trip to the G7 summit in Canada, amid reports he had asked his administration's National Security Council to prepare in the Situation Room. According to Reuters, Tehran has asked Oman, Qatar and Saudi Arabia to urge Trump to push Israel for a regional ceasefire in exchange for Iran's willingness to be flexible in nuclear talks. Trump's latest Truth Social post stated: "I have not communicated with Iran in any way, shape or form about (peace talks). This is all fake news! If they want to negotiate, they know how to communicate with me. They should make a deal at the negotiating table, it will save lives!!!" Forexlive commented that those who know Trump know that he will definitely wait for Iran to come to him. According to reports, Iran is trying to negotiate a ceasefire, but has not received any substantive news so far. Non-yielding gold is seen as a hedge against geopolitical and economic uncertainty and has generally performed well in low interest rate environments. So, fundamentally speaking, gold should be positive in the current market environment, although the sharp declines often make new traders lose their confidence in the trend. I myself have been the same way, there have been many times this year when I did not believe in myself, did not believe in the uptrend and ended up with bad results… The Fed's interest rate decision and Chairman Jerome Powell's speech will be released today (Wednesday). Traders are now expecting the Fed to cut interest rates twice by the end of the year. According to CME's "Federal Reserve Watch" on June 18: • The probability of the Federal Reserve keeping interest rates unchanged in June is 97.3% and the probability of a 25 basis point rate cut is 2.7%; • The probability of a rate stay unchanged in July is 85.3%, the probability of a cumulative 25 basis point rate cut is 14.4% and the probability of a cumulative 50 basis point rate cut is 0.3%. Technical Outlook Analysis OANDA:XAUUSD On the daily chart, gold has been trading back and forth between the 0.236% Fibonacci retracement level and the 3,400USD whole price point, which was noted as the nearest support and resistance sent to readers in the previous issue. However, the overall technical structure remains unchanged with the uptrend still dominating the chart, with the EMA21 support as the important support and the trend as the main trend. Meanwhile, the 0.236% Fibonacci retracement level is the nearest support and the price channel is the short-term trend. In terms of momentum, the Relative Strength Index (RSI) remains above 50 and 50 is considered support in this case for the RSI, with the distance far from the overbought zone suggesting that there is still room for upside ahead. During the day, if gold breaks above the raw price point of $3,400, it will give a positive signal for the bullish outlook and the target is then around $3,435 in the short term. Finally, the notable positions will be listed as follows. Support: $3,371 – $3,350 Resistance: $3,400 – $3,435 SELL XAUUSD PRICE 3423 - 3421⚡️ ↠↠ Stop Loss 3427 →Take Profit 1 3415 ↨ →Take Profit 2 3409 BUY XAUUSD PRICE 3351 - 3353⚡️ ↠↠ Stop Loss 3347 →Take Profit 1 3359 ↨ →Take Profit 2 3365
OANDA:XAUUSDLong
by Xayah_trading
What on earth will happen to GOLD? why is it not up yet?XAUUSD GOLD returns to the consolidation area of ​​3388-3403 after falling and landing at support 3366. The strength of the SELLER still looks quite strong considering that there has been no confirmation of buyer power at all such as Bullish Engulfing or other large bullish candles. GOLD will still fall again and has the potential to reach the support range of 3350 - 3366 as long as there is no penetration of resistance 3408 Congratulations on yesterday's profit. Today we will try to wait and see the movement of GOLD again before determining the entry. R3 3500 R2 3427 R1 3408 PV 3379 S1 3366 S2 3350 S3 3286
OANDA:XAUUSD
by AbsoluteWillid
XAUUSD Sniper Plan – June 18, 2025Hey GoldMinds! 💛 After a messy reaction to today's Retail Sales miss, Gold continues to coil inside a premium range. With FOMC projections, rate statement, Powell’s press conference, and Unemployment Claims lined up next — volatility is far from over. Here’s our refined tactical plan 👇 🌍 Macro & Geopolitical Context • US Retail Sales disappointed — signaling cracks in consumer demand, potentially weighing on the USD. • Unemployment Claims up next — job market weakness could add pressure on USD if claims increase. • FOMC day: Expect massive liquidity sweeps during economic projections, rate decision, and Powell’s press conference. • Geopolitical tensions persist — no ceasefire in Middle East conflicts (Israel–Iran), and Russia–Ukraine remains unstable. Safe haven bids may still support gold on dips. 🧭 Bias: Tactical Neutral → Bearish • Price remains capped under 3415–3445 supply • EMAs are showing indecision: H1 trapped between EMA 5–21, H4 leaning weakly bullish • RSI on most TFs is neutral → market waiting for event catalyst • Structure suggests bull trap risk if 3415 holds 🔑 Key Sniper Zones 🔻 Sell Zones 1️⃣ 3405 – 3415 → H1-H4 OB + FVG + sweep confluence → Premium liquidity pocket — ideal trap for reactive sellers → Watch M15 for rejection confirmation 2️⃣ 3430 – 3445 → Upper inducement + clean OB + imbalance → Only valid if price spikes irrationally post-FOMC → Stronger reversal setup likely here 🟡 Pullback Monitor Zone 3390 – 3398 → No trade zone — watch for signs of rejection or continuation → Could act as short-term resistance before deeper moves 🟢 Buy Zones 1️⃣ 3365 – 3380 → Bounce zone with clean confluence: FVG, OB, previous HL → Best used for reactive entries after wick flushes → Key pivot zone with HL structure → OB + FVG combo, ideal for tactical long bounces with M15/M30 confirmation 2️⃣ 3335 – 3345 → Deeper structure retracement zone → Contains H4 OB, imbalance + golden Fibo pocket → Most reactive buy zone post-event volatility 🧠 Battle Plan Recap • If price fails to break 3415, we prepare for further bearish continuation • Bounces expected at 3365–3380 — confirmation needed • Final long setup lives at 3335–3345 — cleanest buy zone if FOMC triggers selloff • 3390–3398 is not for entries — only reaction monitoring • FOMC + Claims = high risk day → trade only sniper zones ✨ Final Notes Volatility creates traps. Structure gives clarity. We don’t predict — we react to the third move. 👇 Found this valuable? Hit the 🚀, follow for more sniper plans, and comment your bias! Let’s trade like pros, not guessers — GoldFxMinds 🧠✨
TRADENATION:XAUUSD
by GoldFxMinds
1
XAUUSD: That is the most effective buy entry.Gold is practically neutral on its 1D technical outlook (RSI = 55.335, MACD = 29.660, ADX = 20.560), consolidating above its 4H MA50 since yesterday. The HL on the Channel Up has been priced under the 4H MA50, the latest one just under the 0.618 Fibonacci retracement level. That is the most efficient level to buy again and target the top of the Channel Up (TP = 3,500) not more than +4.78%, which was the previous bullish wave. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
Gold Miners Stocks Go 'The Rife Game' in Town. Here's WhyGold mining stocks have emerged as one of the top-performing asset classes in 2025, driven by a combination of surging gold prices, improved profitability, and shifting investor sentiment. Here’s fundamental and technical analysis of the key factors behind this outperformance, by our @PandorraResearch Super-Duper Beloved Team : Record-High Gold Prices Fuel Margins Gold prices surpassed $3,000 per ounce in March 2025 for the first time in history, marking a 14% year-to-date increase. This rally stems from: Safe-haven demand amid geopolitical tensions, economic and political uncertainty including U.S. trade policy volatility. Central bank buying , particularly by China, India, Turkey, and Poland, to diversify away from the U.S. dollar. Anticipated interest rate cuts , which reduce the opportunity cost of holding non-yielding assets like gold. Higher gold prices directly boost miners’ revenues. For example, the NYSE Arca Gold Miners Index NYSE:GDM returned nearly 30% YTD by early March, outpacing both physical gold OANDA:XAUUSD (+14.5%) and the S&P 500 SP:SPX (-3.8%). Companies like Agnico Eagle Mines NYSE:AEM and Wheaton Precious Metals NYSE:WPM reached all-time highs, while ASX-listed miners such as Evolution Mining ASX:EVN (+39.5% YTD) and West African Resources ASX:WAF (+56.6% YTD) outperformed Australia’s broader market. Margin Expansion and Shareholder Returns Gold miners are leveraging rising prices to improve profitability: Stabilized costs for labor, energy, and equipment have widened profit margins. Free cash flow growth enabled dividend hikes and share buybacks. U.S. Global Investors, for instance, offers a 3.91% annualized dividend yield. Undervalued stocks: Many miners traded at historically low valuations relative to gold prices, creating buying opportunities. Barrick Gold NYSE:GOLD (P/E 15.6) and Newmont Corp NYSE:NEM (P/E 15.5) remained attractively priced despite gains. Royal Gold NASDAQ:RGLD , a streaming company with a 60.3% operating margin, exemplifies how non-traditional miners capitalize on gold’s rally without direct operational risks. Sector-Specific Catalysts Mergers and acquisitions. Consolidation activity has increased, with larger firms acquiring high-potential projects. Copper exposure. Miners like Evolution Mining benefit from rising copper demand, diversifying revenue streams. Institutional upgrades. Analysts at Macquarie and Morgan Stanley endorsed Newmont and Evolution Mining, citing currency tailwinds and free cash flow potential. Macroeconomic and Market Dynamics Dollar weakness. A declining U.S. dollar enhances gold’s appeal as a hedge. Equity market volatility. With the S&P 500 struggling, investors rotated into gold equities for diversification (0.3 correlation to broader markets). Fiscal deficits. U.S. budget imbalances and inflationary pressures reinforced gold’s role as a store of value. Outlook for 2025 Analysts project further gains, with gold potentially reaching $3,300 per ounce. Miners are expected to sustain momentum through: Operational efficiency improvements to align with higher gold prices. Continued capital discipline , avoiding overinvestment in new projects. Dividend growth , as seen with U.S. Global Investors’ monthly payouts. Technical Outlook The main technical graph for Gold Miners ETF AMEX:GDX indicates on further Long-Term Bullish opportunity, to double the price over next several years, in a case of the epic $45 mark breakthrough. Conclusion In summary, gold miners’ 2025 rally reflects a confluence of macroeconomic uncertainty, disciplined capital management, and gold’s structural demand drivers. While risks like cost inflation persist, the sector’s fundamentals and valuation upside position it as a compelling component of diversified portfolios. -- Best 'Golden Rife' wishes, @PandorraResearch Team 😎
AMEX:GDX
by PandorraResearch
1
GOLD - Selling opportunity on the horizonLooking at gold. We have a nice bearish continuation orderflow on the 15min TF. We have a nice potential inducement level of liquidity that we are more than likely to take before moving lower. This is a reduced risk entry due to where we are on the higher TF as we are pulling into a potential demand zone on the higher timeframe. ITS REALLY IMPORTANT to remember where we are in terms of structure and as we well know Gold doesn't tend to fall for to long as it remains bullish the majority of the time. so in regards to the HTF like I mentioned above we are still bullish so we are expecting a reversal for the longer term at some point in the near future so this could be a case of get what we can from the market and then look for our LTF orderflow to switch Bullish before then looking for them long entries
OANDA:XAUUSDShort
by BenFxLDN
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the markets with our chart idea playing out, as analysed! Yesterday we started with our Bullish target at 3440 hit, followed with no EMA5 cross and lock, confirming the perfect rejection and showcasing the accuracy of our levels. This rejection went on to hit our Bearish target, followed by EMA5 cross and lock opening 3393, which was also hit perfectly. 🔄 Update: After testing 3393, we got the EMA5 cross and lock, opening the swing range. The first level was tested perfectly and gave the bigger bounce. Let’s see if it completes the full swing back to 3393, or if it goes for the full swing test below. 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 gives 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 ranges give bigger bounces than our weighted levels - that's the difference between the two. BULLISH TARGET 3440 - DONE EMA5 CROSS AND LOCK ABOVE 3340 WILL OPEN THE FOLLOWING BULLISH TARGETS 3463 EMA5 CROSS AND LOCK ABOVE 3463 WILL OPEN THE FOLLOWING BULLISH TARGET 3483 EMA5 CROSS AND LOCK ABOVE 3483 WILL OPEN THE FOLLOWING BULLISH TARGET 3508 BEARISH TARGETS 3418 -DONE EMA5 CROSS AND LOCK BELOW 3418 WILL OPEN THE FOLLOWING BEARISH TARGET 3393 DONE EMA5 CROSS AND LOCK BELOW 3393 WILL OPEN THE SWING RANGE 3372 - DONE 3353 EMA5 CROSS AND LOCK BELOW 3353 WILL OPEN THE SECONDARY SWING RANGE 3330 3306 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
OANDA:XAUUSD
by Goldviewfx
16
Falling below 3380,testing 3365,the low position remains bullish📰 Impact of news: 1. Geopolitical tensions in the Middle East 2. Iran nuclear talks 3. Retail sales data 📈 Market analysis: After rebounding to the 3400 line, gold encountered resistance and fell back to test the support level of 3380. Although it was very close to the point of 3405 we gave, I did not enter the trade because gold has been in the middle section in the short term and has not rebounded to the ideal point. There are too many long orders at high levels in gold. The international situation is so tense that gold is still slowly declining, but the geopolitical situation is still continuing. In addition, the retail sales data is bullish. Then, as the trading strategy given at noon, it is expected to test the short-term support of 3365-3355 below. I will consider going long in this range 🏅 Trading strategies: BUY 3365-3355 TP 3380-3390-3400 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
OANDA:XAUUSDLong
by AllenBoswell-2
PAAS – High Tight Flag with Silver TailwindsPan American Silver ( NYSE:PAAS ) is forming a high tight flag — one of the most explosive continuation patterns — just as silver starts heating up. 🔹 High Tight Flag Formation NYSE:PAAS ripped with momentum and is now consolidating in a tight, bullish range. This is exactly what you want to see — shallow pullback, tight candles, and holding near highs. 🔹 Sector Momentum: Silver Heating Up AMEX:SLV and /SI are pushing toward multi-year breakout levels. NYSE:PAAS is riding that same energy, and any continuation in silver could ignite this setup. My Trade Plan: 1️⃣ Starter Position: Looking to enter on strength through the top of the flag. 2️⃣ Add on Confirmation: Add size on volume surge and breakout follow-through. 3️⃣ Stop Loss: Below flag base — keeping it tight and defined. Why I Love This Setup: High tight flags are low-risk, high-reward when paired with macro momentum. Silver is gaining strength — NYSE:PAAS could lead the miner group if this breaks clean. Strong structure, clean risk, macro fuel = great setup.
NYSE:PAASLong
by kunal00
GOLD MARKET ANALYSIS AND COMMENTARY - [Jun 16 - Jun 20]The unrest in the Middle East this week has boosted safe-haven demand for gold, pushing it above $3,400 an ounce. While gold has broken several recent technical resistance levels, it is unlikely that it will hit a new record high next week. The ongoing conflict between Israel and Iran provides safe-haven support, but historically, gold rallies driven by geopolitical events tend to be short-lived. Gold is currently outperforming the US dollar, which has struggled to attract safe-haven funds. Iran launched a retaliatory airstrike on Israel on Friday night (June 13), Reuters reported. Air raid sirens sounded across Israel and authorities urged residents to take shelter in shelters. The Israeli military said Iran fired nearly 100 missiles, most of which were intercepted or missed their targets. Israel's Channel 12 reported two people were seriously injured, eight were moderately injured and 34 suffered shrapnel injuries. Iran's Islamic Revolutionary Guard Corps said it had carried out military operations against dozens of targets in Israel. The Iranian Revolutionary Guards' news website released a message that evening saying the "powerful and precise" counterattack was in retaliation for Israel's "invasion" of many parts of Iran and the killing of many senior military commanders, nuclear experts and Iranian civilians, including children. Wider Middle East Conflict Could Erupt Israel destroyed Tehran's military command system early Friday and struck key Iranian nuclear facilities. The Fars news agency, which is affiliated with Iran's Revolutionary Guards, cited data saying the Israeli attack killed dozens of people in Iran and wounded more than 300. Israel has carried out large-scale airstrikes on multiple locations in Iran since early Friday, bombing Iranian nuclear facilities and military targets. Reuters said Israel's attacks on Iran during the day and Iran's retaliation have raised concerns about a broader conflict in the region. All Eyes on the Fed While gold will continue to be affected by geopolitical developments, market attention will also be on the Federal Reserve, particularly Chairman Powell, who will speak after next week’s monetary policy meeting. Economists generally expect the Fed to keep rates unchanged. However, expectations are growing that Powell could begin paving the way for a rate cut later this year. The latest inflation data and signs of a slowing US economy have given the Federal Reserve room to cut rates. However, growing geopolitical uncertainty may prompt some market participants to adjust their expectations. Overall assessment of the basic environment The gold market in particular will still receive absolute support when there are too many risks appearing, from geopolitical developments to interest rate prospects, and tariffs. Major conflicts in the Middle East, Russia - Ukraine, trade war between the US and the rest of the world, ... are all sudden risk support that makes gold likely to surge in the short term. Therefore, in general vision, gold is considered the top safe-haven asset in the global unstable environment and it tends to increase in price in the current context. Economic Data to Watch Next Week Monday: State Manufacturing Survey, Bank of Japan Monetary Policy Meeting Tuesday: US Retail Sales Wednesday: US Weekly Jobless Claims, US Housing Starts, Federal Reserve Monetary Policy Meeting Thursday: US Markets Closed for Black Lives Matter Day, Swiss National Bank Monetary Policy Meeting, Bank of England Monetary Policy Meeting Friday: Philadelphia Fed Manufacturing Survey Technical Outlook Analysis OANDA:XAUUSD On the daily chart, gold has almost achieved all the bullish targets noted by readers in last week's weekly issue, initially at $3,371, then at the full price point and finally at $3,435. Gold can still continue to increase in price as technical conditions still absolutely support the short-term trend channel, while the long-term trend channel and the nearest support is the EMA21. In terms of momentum, the Relative Strength Index (RSI) is sloping up after receiving support from 50 and is still far from overbought territory, indicating that there is still a lot of room for upside ahead. To sum up, as long as gold remains within/above the price channel, it remains bullish in the short term. Any dips that do not break below the price channel should only be considered as short-term corrections or a new buying opportunity. Finally, the notable positions will be listed as follows. Support: 3,400 – 3,371 USD Resistance: 3,435 – 3,500 USD SELL XAUUSD PRICE 3497 - 3495⚡️ ↠↠ Stop Loss 3501 BUY XAUUSD PRICE 3374 - 3376⚡️ ↠↠ Stop Loss 3370
OANDA:XAUUSDLong
by Xayah_trading
2
GOLD Massive Long! BUY! My dear friends, GOLD looks like it will make a good move, and here are the details: The market is trading on 3389.4 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal -3396.3 Recommended Stop Loss - 3385.8 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis 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:XAUUSDLong
by AnabelSignals
1