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BTC continues to short at high levels during the day📰 Impact of news: 1. Geopolitical impact 📈 Market analysis: BTC has reached an intraday high of 108,125, just one step away from the all-time high of 112,000. With the increase in trading volume and institutional sentiment turning bullish, the momentum seems to be in the bulls' favor. In addition to institutional buying, the ceasefire agreement in the Iran-Israel war is also an important factor in Bitcoin's sharp rebound. Trump's announcement of the end of the war almost immediately triggered a surge in the cryptocurrency market. However, the overall pattern has not changed, and the range resistance has not been broken, so we still keep the idea of ​​shorting at high levels. 🏅 Trading strategies: SELL 108000-107500 TP 104500-103500 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.
BITSTAMP:BTCUSDShort
by AllenBoswell-2
XAU/USD: Long-Short Battle at $3,300 ThresholdAccurate Verification of Middle East Situation Analysis Yesterday's morning strategy focused on analyzing the authenticity of the Middle East ceasefire agreement. By deconstructing the policy logic and strategic intent behind Trump's statement, we accurately predicted that the "Israel-Iran ceasefire" had not reached an official consensus. Although logical analysis confirmed doubts about the news, gold prices still broke below the psychological integer threshold of $3,300 driven by market sentiment, highlighting the irrational feature of "emotion dominating facts" in the current market. Escalating Trade War Risks Intensify Market Volatility While the Middle East conflict remains unresolved, the EU issued an official statement last night, clearly stating it will launch retaliatory tariffs to force the U.S. to reach more favorable trade agreements. This move marks a further escalation of transatlantic trade friction, and market concerns about global economic growth may resurface. Three Key Events to Monitor Closely Gold prices are currently in a long-short stalemate at the $3,300 threshold, with the following events set to determine the short-term trend: 1.Signals of Fed Policy Pivot Focus on the degree of rate cut expectations released in Powell's speech. A dovish signal will strengthen gold's safe-haven appeal. 2.Progress of EU-U.S. Tariff Game Whether the EU substantially initiates counter-tariffs directly affects market assessments of global trade system stability. 3.The Legislative Process of the One Big Beautiful Bill If the act passes smoothly this week, it may reconstruct North American trade rules—be vigilant against sudden policy shocks. Short-Term Market Outlook Before the above events materialize, gold is likely to oscillate within the range of $3,280-$3,350. Traders are advised to adopt a "buy low, sell high" range strategy: - Light short positions can be taken at the upper resistance of $3,350 with a stop-loss at $3,370. - Long positions can be initiated at the lower support of $3,280, targeting $3,320. Note: The current market is significantly driven by news. All operations must strictly set stop-loss orders, with position sizes controlled within 15%. I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
FOREXCOM:XAUUSD
by H_C_02
Elliott Wave Analysis – XAUUSD Plan for June 25, 2025🌀 Elliott Wave Structure Looking at the H1 chart, we can see a 5-wave black triangle structure has formed within wave Y. This suggests two possible scenarios: Scenario 1: Wave Y has completed → the current upward move is wave 1 of a new 5-wave green structure. The ongoing pullback would then be wave 2 of this sequence. Scenario 2: Wave A of wave Y has completed as a 5-wave move → we are now in wave B of wave Y, which typically forms a 3-wave pattern. In this case, wave a (black) has formed and wave b (black) is currently developing. ✅ In both scenarios, the ongoing decline is a shared element — representing a buying opportunity. 🎯 Key Target Zones Target 1: 3313 – 3310 Target 2: 3301 ⚠️ If price breaks below 3297, the current wave count is invalidated, and we must prepare for a deeper correction. Updates will follow if that happens. 🔁 Momentum Outlook D1 Timeframe: Momentum is about to reverse upward. We expect at least 5–6 days of bullish movement for D1 momentum to reach overbought territory ⇒ This supports a potential short-term uptrend and favors both bullish wave counts. H4 Timeframe: Momentum is about to reverse downward from the overbought zone → A further decline to our buy zones is likely. H1 Timeframe: Momentum is currently declining → The ongoing pullback is expected to continue. 📌 What to wait for: A bullish reversal in H1 momentum aligned with H4 in the oversold region will confirm the bottom is in. ✅ Trade Plan 🔹 BUY ZONE 1: 3313 – 3310 • SL: 3306 • TP1: 3335 | TP2: 3350 | TP3: 3376 🔹 BUY ZONE 2: 3303 – 3301 • SL: 3296 • TP1: 3335 | TP2: 3363 | TP3: 3376
OANDA:XAUUSDLong
by WavePoint_FX
Expected reversal/resistance zone price may react here with sellChart Overview: Instrument: Gold Spot / U.S. Dollar (XAU/USD) Timeframe: 4-hour Price at time of screenshot: 3,321.910 USD 🔍 Key Zones & Labels: 🟡 Supply Zone (Top - Yellow Area): Around 3,440 – 3,460 Expected reversal/resistance zone; price may react here with selling pressure. 🟩 Strong Support (Green Area): Near 3,390 – 3,400 Former support zone that may act as resistance on retracement (support-turned-resistance). 🟧 Demand Zone (Bottom - Pink Area): Around 3,280 – 3,310 Strong buying interest shown; price likely to reverse or consolidate in this zone. 🧠 Annotated Insights: BOS (Break of Structure): Indicates a bearish structure shift before price tapped into the demand zone. Liquidity Sweep: The note says: “They sweep the Liquidity right now it’s going to bullish” Suggests stop-losses below demand were taken out (liquidity grab), hinting at a potential bullish reversal. Projection (Gray Arrows): Shows two possible price paths: Rejection at strong support and continuation to supply zone. Direct move from demand to supply zone. 📌 Purpose of Chart: This chart is likely used for Smart Money Concept (SMC) or Institutional Order Flow analysis, showing: Liquidity zones Structure breaks Probable bullish reversal
OANDA:XAUUSD
by King_Maker_FX
Suppression remains unchanged, the latest layout of gold📰 Impact of news: 1. Powell's testimony 2. Geopolitical impact 📈 Market analysis: The short-term rebound of gold is the release of energy for the accumulated bulls. From the current market trend, 3340 above is the key point of the short-term watershed between bulls and bears. The short-term resistance above is around 3342-3348, and the short-term support below is around 33220-3315. If it falls below this, it will continue to look towards yesterday's low of 3290-3280. The daily level is under pressure and continues to see a decline and adjustment. If it touches 3340-3350 above, you can try to short. After it retreats to 3320-3315 and obtains effective support, you can consider going long. 🏅 Trading strategies: SELL 3340-3350 TP 3330-3320-3315 BUY 3320-3315 TP 3330-3340-3350 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
Bulls have made profits, gold layout in the evening📰 Impact of news: 1. Powell's testimony 2. Geopolitical impact 📈 Market analysis: I have completed the long trade according to the previous trading strategy, and the long order has generated profit. In the short term, the overall trend of gold is still bearish. Only if it breaks through and stabilizes above 3350 can the bulls continue. If it rebounds to the 3330-3335 line and encounters resistance under pressure, you can consider shorting. If it rebounds to 3340-3350 but fails to stabilize, you can increase your short position. Pay attention to the support of 3320-3300 below. If it falls below 3300, it is expected to reach 3280 🏅 Trading strategies: SELL 3330-3335-3340-3350 TP 3320-3310-3300-3280 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 Spot / U.S. Dollar (XAU/USD) 4-Hour Chart Analysis4-hour chart from OANDA shows the recent performance of Gold Spot priced in U.S. Dollars (XAU/USD), with the current price at $3,313.650, reflecting a decrease of $9.800 (-0.29%). The chart highlights a recent upward trend followed by a pullback, with a support zone around $3,301.186 to $3,313.650 and a resistance level near $3,380.030. The inset provides a zoomed-in view of the price action, indicating potential volatility with a lightning bolt symbol and U.S. flags, suggesting significant market movements or news
OANDA:XAUUSDLong
by Alee_Gold_Trader
Gold bullish or bearish?From the technical aspect of gold, yesterday, gold gradually fell to 3295 as low as possible. The three tracks of the Bollinger Bands on the daily chart are shrinking, which means that the range is compressed to 3290-3420. The middle and lower tracks in the daily chart are currently 3290-3355. The short-term moving average is currently entangled near the middle track, which also shows the price fluctuation. However, the MACD indicator crosses and increases in volume, which means that the price fluctuates at a low level. Therefore, the strength of the intraday rebound is relatively small, so 3355 and yesterday's high of 3370 are today's resistance levels. From the 4-hour chart, three consecutive positives are formed in the low-level rebound, the Bollinger Bands close, the current MACD crosses and shrinks in volume, and the dynamic indicator STO quickly repairs upward, which means that the price is fluctuating and rushing up. At present, the price rebounds and breaks through the 3332-33 line, so today it will continue to rebound and test the 3342-48 and 3355 lines, so there is still room above. At the same time, due to the rebound in the morning, the 4-hour and hourly lines are currently bullish. Therefore, we can only buy in advance near 3324-25, and look at the 3340-3348 line. And the short position is below 3354. Gold operation strategy: It is recommended to buy once when it falls back to 3322-3324, stop loss at 3316, target 3340-3350; it is recommended to sell once when it touches 3348-3352, stop loss at 3359, target 3330-3320;
OANDA:XAUUSDShort
by SandraToland
XAU/USD 25 June 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remains the same as analysis dated 23 April 2025 Price has now printed a bearish CHoCH according to my analysis yesterday. Price is now trading within an established internal range. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200. Note: The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively. Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Following previous high, and printing of bearish CHoCH, price has pulled back to an M15 supply zone, where we are currently seeing a reaction. Therefore, I shall now confirm internal high. Price is now trading within an established internal range. The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price. As per my analysis dated 22 May 2025 whereby I mentioned price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe despite internal structure being bearish. Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback. Intraday Expectation: Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,451.375. Note: Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment. Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD Bullish Reversal from Key SupportXAU/USD Bullish Reversal from Key Support 📈🟢 📊 Chart Analysis: Rounded Bottom Structure ⬆️ The price has formed a rounded bottom pattern, indicating potential trend reversal from bearish to bullish. Multiple bounces (🟠 circles) from the curved support trendline confirm the validity of this structure. Support Zone Rejection ✅ Price recently rejected from a major horizontal support zone (around 3,303.796 USD) with a strong bullish wick. This zone has acted as a springboard for prior upward moves. Falling Wedge Breakout 💥 A falling wedge (bullish pattern) has formed and is breaking to the upside. Breakout confirmation is underway, indicating momentum shift. Target Projection 🎯 The projected move from the breakout suggests a potential target at 3,385.820 USD. This aligns with previous resistance areas. Key Levels to Watch: Resistance: 3,385.820 USD (target) and 3,425–3,450 USD (major resistance zone) Support: 3,303.796 USD (short-term), followed by 3,225–3,250 USD zone 🔔 Conclusion: Price action suggests a bullish bias with a possible upward continuation if it sustains above the wedge breakout. Confirmation above 3,330 USD with volume can fuel a rally toward the 3,385–3,400 USD target zone. 📌 Risk Management Tip: Watch for fakeouts near wedge resistance or a re-test of 3,303 USD for better entries.
OANDA:XAUUSDLong
by MrStellanSight
XAUUSDHello traders. I’ve spotted an exceptional sell opportunity on the XAUUSD pair—one of those setups that come around once in a hundred years! The trade offers a Risk-to-Reward ratio of over 1:8, so I thought it would be valuable to share it with you. Please adjust your risk parameters accordingly before entering the trade. 🔍 Trade Details ✔️ Timeframe: H1 ✔️ Risk-to-Reward Ratio: 1:8.70 ✔️ Trade Direction: Sell ✔️ Entry Price: 3333.35 ✔️ Take Profit: 3317.75 ✔️ Stop Loss: 3335.13 🕒 If momentum fades or the price consolidates in a tight range, I will keep this trade open only until 23:00 (UTC+4). After that, I’ll close it manually—whether in profit or loss—depending on how price action evolves. 🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes. 📌 Interested in a systematic, data-driven trading approach? 💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
FX:XAUUSDShort
by Nurlan_PT
4
4‑Hour Analysis – Supply & Demand Overview 25 June 20251. Market Structure XAU/USD currently trades at 3333 and shows clear higher highs and higher lows on the 4‑hour timeframe—reflecting a bullish structure backed by recent swing lows above 3300 and highs nearing 3365 2. Key Demand Zones DZ1: 3320–3330 – Consolidation region with multiple wicks and price rejections; confirmed buying volume (aligned with ML and 50‑EMA confluence) DZ2: 3300–3310 – A deeper base with strong reversal history; aligns with psychological round number and 0.382 Fib of recent up-swing 3. Key Supply Zones SZ1: 3350–3360 – Upper resistance cluster formed by repeated spikes and quick rejections; overlapping 0.5–0.618 Fib from the last retracement SZ2: 3380–3400 – Broader distribution area with past failed breakouts; significant liquidity shelf noted 4. Why These Zones Matter Demand zones act as value entry areas where institutional and retail buyers absorb selling pressure, usually followed by swift reversals. Supply zones represent distribution pockets where buy orders face strong pushback, often leading to corrective moves. 5. Bias ✅ Overall Bias – Bullish (4‑hour) thanks to structural trend (HH/HL), price above key previews like 50‑EMA & 20‑EMA, and consistent demand responses. Only a break below 3320 invalidates bullish tilt. ⚡ 1‑Hour Intraday Setups (Aligned with Bullish 4H Bias) Buy the Dip (Main Entry) Zone: 3320–3325 Context: Retest of DZ1, tagging the 4H structure and 1H ascending trendline. Confirmation: Bullish pin bar or long tail candle + volume surge. Channel Retest Quick‑Entry Zone: 3330–3335 Context: Price remediates after a clean breakout above the 1‑hour descending channel. Confirmation: Trendline bounce or bullish engulfing on the first test. Supply‑Fade (Aggressive) Zone: 3350–3355 Context: Approach to SZ1—plays the bearish reaction in a bull market context. Confirmation: Bearish pin bar, upper wick exhaustion, and slim 1H RSI divergence. 📈 Chart Snapshot & Confluences DZ1 (3320–3330) aligns with the 0.382 Fib and ascending 1‑hour trendline. Quick-entry zone (3330–3335) sits close to the 1‑hour 50‑EMA, offering dynamic multi‑timeframe confluence. SZ1 aligns with higher-term fib and previous supply peaks. 📝 Ready Summary XAU/USD – 4H Structure: Bullish – higher highs & higher lows. Major Demand Zones: 3320–3330 (primary), 3300–3310 (secondary). Major Supply Zones: 3350–3360 (hot zone), 3380–3400 (upper resistance). Bias: Bullish as long as price holds above 3320. Intraday Trade Zones: Buy the Dip: 3320–3325 – look for pin‑bar/volume bounce. Quick Re‑Entry: 3330–3335 – trendline or 50‑EMA test confirmation. Supply Fade (Aggressive): 3350–3355 – bearish rejection setup. Pro Tip: Focus on clean price action signals (wicks, engulfings, volume) within entry zones and confirm with multi‑timeframe confluences (Fib, EMA, trendlines).
OANDA:XAUUSD
by Tami512
XAUUSD poised for a rebound?Gold (XAUUSD) is currently trading around the 3,327 level after breaking below a short-term ascending trendline that started in mid-May. While this break might suggest a potential bearish reversal, from a technical standpoint, it could simply be a corrective move within a larger bullish structure. The current price pattern appears to be forming a classic ABC correction. If the support zone around 3,320–3,325 holds, there’s a strong possibility that price will rebound toward the 3,400–3,480 region in the coming sessions. This area is not only a technical support but also a previous demand zone where buyers stepped in aggressively. Close attention should be paid to any bullish price action signals here. A reversal candlestick or a volume spike could serve as confirmation for a rebound setup. A potential trade idea is to consider a long position around 3,320–3,325, with a stop loss below 3,308. First target is set at 3,400, and an extended target at 3,480 if bullish momentum continues. Conversely, if the price closes below 3,308 with strong volume, the bearish scenario will gain ground, potentially dragging price down to the 3,280–3,231 support area. The setup remains open, and clear confirmation is needed. Patience is key—wait for solid signals before committing to a position.
OANDA:XAUUSD
by Henrybillion
2
Gold Spot / U.S. Dollar (XAUUSD) 4-Hour Chart - OANDA4-hour candlestick chart from OANDA displays the price movement of Gold Spot (XAUUSD) from late June to early July 2025. The current price is $3,332.245, reflecting a +0.26% increase (+$8.795) as of 07:39 AM CEST on June 25, 2025. The chart highlights a recent price range between $3,320.076 and $3,365.226, with a notable support level around $3,329.934 and resistance near $3,355.226. The chart includes a shaded area indicating a consolidation or trading range.
OANDA:XAUUSDLong
by Alee_Gold_Trader
Geopolitical Spike Fades Fast – Gold Eyes 3300As highlighted in Friday’s analysis, the daily and short-term charts remain messy, but the weekly chart is leaning clearly bearish – with a potential Dark Cloud Cover candlestick formation now confirmed. 🌍 Geopolitical Gap Up... and Quick Rejection Monday’s Asian open brought a gap up, triggered by renewed tensions in the Middle East. But price failed to break above 3400 and quickly reversed – a textbook sign of weakness, not strength. 🧭 Technical View: - The weekly candle closed as a Dark Cloud Cover, a strong bearish reversal signal - The lack of follow-through after the gap up further confirms sellers are still in control - Price remains below the key 3400 level, showing no bullish momentum behind recent spikes 📌 Trading Plan: I continue to sell rallies, with an initial target near 3300. If bearish momentum builds, lower levels are in play. Let the chart lead – don’t get distracted by the noise. Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDShort
by Mihai_Iacob
13
XAU/USD – 5-Minute Scalping Outlook🟢 XAU/USD – 5-Minute Scalping Outlook 🕐 Gold Spot / U.S. Dollar – Heikin Ashi The market structure on the 5-minute chart confirms a bullish bias, supported by multiple structural shifts and a recent Break of Structure (BOS) following a valid trading range. 🔍 Key Highlights: After a clear BOS and bullish consolidation, price tapped into the TLQ (True Liquidity Zone) and reacted strongly from the Extreme Zone just above $3,316. The EPA (Entry Point Area) held effectively as a short-term support, fueling a sharp breakout move. The current price has surged past $3,322, pushing into an area of minor resistance near $3,332 – $3,336. The recent price action shows the market is inefficient, which often leads to rebalancing — watch for a potential retrace toward EPA or TLQ before continuation. 📈 Scalping Strategy Note: Traders could look for short-term retracement entries between $3,318 – $3,320, targeting the upper resistance zone while managing risk below $3,316. 📊 Structure: Bullish ✅ Efficiency: Inefficient ❌ (expect potential re-tests) Momentum: Accelerating Trend Bias: Intraday Bullish --- 💬 Scalpers should remain cautious around high volatility zones and news-driven sessions. This chart reflects an excellent model for liquidity-based entries in a trending environment. 📌 Analysis by: Mohsen Mozafari Nejad
OANDA:XAUUSDLong
by mmozafari1357
Gold Short Term OutlookGold dipped into the Support Zone but failed to sustain the breakdown below it. After briefly breaking below the zone, price has rebounded and is now attempting a short-term recovery. However, structure remains bearish, with price trading below both the 50MA and 200MA, signalling continued downside pressure unless momentum shifts. For bullish momentum to continue, we need to see a clean break and hold above $3,330, which may open the path toward $3,346, then $3,361. If the move up doesn’t hold, the next reaction is expected near key support. 🔑 Key Levels: Resistance: $3,330 • $3,346 • $3,361 • $3,375 Support: $3,306 • $3,287 • $3,271 • $3,242 📌 Stay patient and wait for confirmation before committing to a direction.
OANDA:XAUUSD
by azgoldtrader
Elliott Wave Analysis – XAUUSD June 24, 2025 🌀 Wave Structure Looking at the H1 chart during the Asian session today: + Price broke below the previous low at 3341, invalidating the idea that Friday’s rally marked the beginning of a new uptrend. + Instead, the rally appears to be forming a wave X in a larger WXY corrective structure. + Given the current complex corrective pattern, it’s challenging to precisely define the exact wave shape and targets. 🔻 Wave Y Structure: + The price action suggests the formation of a 5-wave decline, with the market currently in wave 4. + Wave 4 target zone: 3357 – 3363 → Sell zone. + After completing wave 4, we expect a continuation of the downtrend via wave 5, with a target around 3327 – 3324 → Buy zone. + Once wave 5 completes, we anticipate at least a corrective upward retracement, with targets at 3363 – 3376 (these are the TP levels for the buy trade). ⚡️ Momentum Analysis + D1 timeframe: Momentum is turning bullish, suggesting a potential rally lasting around 5–8 D1 candles after wave 5 finishes. + H4 timeframe: Momentum is declining and may enter oversold territory within 1–2 candles, supporting the completion of wave 5. + H1 timeframe: Momentum is rising and approaching overbought levels, indicating a likely end of wave 4 within 1–2 H1 candles. 📌 Trade Plan 🔹 SELL ZONE: 3363 – 3365 + SL: 3373 + TP1: 3342 + TP2: 3330 🔹 BUY ZONE: 3327 – 3324 + SL: 3317 + TP1: 3342 + TP2: 3363 + TP3: 3376 + Important Note:❗️ - If price reaches these zones with a Mazuboru candle (long-bodied candle with no wick) and fast volatility, do not enter immediately. - Wait for the candle to close. If the zone breaks, keep an eye on the next support area around 3313 for potential reactions.
OANDA:XAUUSDLong
by WavePoint_FX
XAUUSD – Selling Pressure Intensifies, the 3,300 USD 1. Overall Technical Context The XAUUSD daily chart shows that gold is under bearish pressure after failing to break the key confluence resistance at 3,385–3,399 USD, which includes: - Fibonacci retracement levels 0.5 – 0.618 - A strong supply zone that has been repeatedly rejected - A minor swing high formed near 3,451 USD 2. Recent Price Behavior Price has broken below the short-term support at 3,331 USD and is now retesting the Key Lever zone around 3,300 USD, which is a confluence of: - Previous June swing low - Fibonacci 0.618 retracement of the latest upward move from 3,221 to 3,451 - A key previous support zone, potentially forming the right shoulder of a head and shoulders structure If this zone breaks decisively, XAUUSD may continue falling toward the 3,270 – 3,250 USD area, where strong liquidity was previously found. Key Technical Zones Resistance: 3,385 – 3,399: Fibo 0.5–0.618 zone and recent swing high 3,435 – 3,451: Major swing high and starting point of the latest correction Support: 3,300 – 3,320 (Key Lever): Major support currently being tested 3,271 – 3,250: Next support if the current zone fails Suggested Trading Scenarios Scenario 1 – Buy on Confirmation at Key Lever Entry: 3,300 – 3,297 (Key Lever zone) Stop-loss: Below 3,292 Take-profit: 3,310 – 3,315 – 3,320 Condition: Wait for a clear reversal candlestick pattern or signs of selling absorption on H4/H1 Scenario 2 – Sell if Price Breaks Below Key Lever Entry: Below 3,290 (after clear break of Key Lever) Stop-loss: Above 3,298 Take-profit: 3,280 – 3,270 P.S. XAUUSD is currently sitting at a decisive support area around 3,300 USD. The medium-term trend will depend on whether this zone holds. Traders are advised to closely watch price action on the H1–H4 timeframes before executing entries. Follow for more daily trading strategies and don’t forget to save this analysis if you find it helpful for your trading plan. Analyst: @Henrybillion
OANDA:XAUUSD
by Henrybillion
1