XBRUSD is testing the Support Level 66.10 👀 Possible scenario:
Oil prices steadied on June 26 after erasing earlier gains as investors remained cautious about the Iran-Israel ceasefire and refocused on market fundamentals. Brent crude is trading around $66.80 per barrel.
U.S. crude oil and fuel inventories fell sharply in the week ending June 20, with crude stocks dropping 5.8 million barrels—well above the expected 797,000-barrel decline, the Energy Information Administration (EIA) reported. Crude production rose slightly by 9,000 barrels per day to 13.43 million b/d. Meanwhile, crude imports decreased by 102,000 b/d to 6 million b/d, and exports fell by 8,000 b/d to 3.96 million b/d. OPEC+ may accelerate output hikes by about a year, according to Rosneft’s CEO. Analysts noted oil prices tracked equities lower amid these mixed signals.
✅ Support and Resistance Levels
Now, the support level is located at 66.10.
Resistance levels are now located at 77.50 .
Futures market
Gold Builds Bullish Momentum After $3,294.0 ReboundGold bounced from $3,294.0, forming a double bottom pattern as XAU/USD consolidates near $3,330.0. Stochastic has exited oversold territory, signaling strengthening bullish momentum.
If $3,294.0 holds as support, the uptrend may continue toward the $3,393.0 target.
Dxy is recovering impact on XAUUSD?H4 Timeframe Analysis
Gold is currently holding the falling wedge pattern on H1 & H4 now market is range of 3330-3380 structural zone .
What's possible scanarios we have?
As we have seen h4 candle closes above 3335 .once 3345 cross keep your eyes at 3365 then 3380 milestone also I'm holding my buy position at 3331 .
On the otherhand if The H4 candle closes again below 3335 and I will wait to break of 3325 buying will be limited and market will join the 3290 zone.i will sell accordingly
Additional TIP:
Above 3335 keep buy
Below 3325 keep sell
#XAUUSD
Cup and Handle Breakout Setting UpCopper 4H Bullish Scenario – **
Copper is currently exhibiting a **classic Cup and Handle formation** on the 4H chart, signaling potential for a bullish continuation move.
#### 🔍 **Technical Breakdown:**
* **Cup Formation:** The rounded base stretching from mid-April to June formed a well-defined “cup” bottom. This signals long-term accumulation and shifting momentum to the upside.
* **Handle Formation:** The recent consolidation forming a slight dip to the right is acting as the handle. It's shallow and holding well above the mid-range, showing strength and limited selling pressure.
* **Breakout Zone:** Price is now pressing against a **key horizontal resistance around the 4.88 – 4.90** zone (shaded red). A break above this neckline would confirm the pattern.
* **Target Projection:**
Using the depth of the cup (\~\$0.45), a confirmed breakout above **\$4.90** targets the **\$5.35** zone (aligned with the green take-profit zone on your chart).
* **Volume:** Volume shows steady accumulation during the cup phase and lighter volume during the handle – a textbook setup that often precedes a breakout.
* **Moving Averages:** Price is trading above the 20 EMA and 50 EMA, with a bullish crossover in place, reinforcing the positive momentum.
---
### ✅ **Bullish Play Setup (if breakout confirms):**
* **Entry:** Above \$4.90
* **Stop-loss:** Below \$4.75 (handle low or below shaded support)
* **Target:** \$5.30 – \$5.35 (measured move)
### ⚠️ **Watch For:**
* False breakouts – wait for strong candle close above \$4.90 with volume.
* Any sudden macroeconomic shocks (e.g., China demand, Fed decisions).
✅ Bullish Play Setup (if breakout confirms):
Entry: Above $4.90
Stop-loss: Below $4.75 (handle low or below shaded support)
Target: $5.30 – $5.35 (measured move)
⚠️ Watch For:
False breakouts – wait for strong candle close above $4.90 with volume.
Any sudden macroeconomic shocks (e.g., China demand, Fed decisions).
Long Setup: Micro Copper Futures (Jul 2025)While U.S. equity markets are closed in observance of Juneteenth, traders in the futures markets still have opportunities to position ahead of broader market moves. One such opportunity is forming in Micro Copper Futures (MHGN2025), which continues to consolidate in a tight range near key technical levels. The current structure suggests a potential breakout to the upside with a favorable risk-reward setup.
Technically, price action remains compressed between approximately 4.70 and 4.90, coiling just above the Ichimoku Cloud and holding support above the mid-April range. This zone has acted as a critical demand area multiple times since April, and the market has rejected any meaningful downside continuation, signaling underlying strength.
A long position is being considered based on the following:
Entry Zone: Around 4.81, above the flat Kijun-sen and within the current range high.
Stop Level: Set at 4.7080, just below the support band and Ichimoku base, providing technical invalidation if broken.
Target: 5.10, aligning with previous resistance and psychological round number. This would complete a 6.8% upside move from current levels.
Risk/Reward Ratio: 2.64, indicating strong asymmetry favoring the long bias.
The MACD histogram remains positive despite flattening out in recent sessions, while the signal line crossover earlier in June continues to support the bullish case. Although momentum has paused, it has not turned negative, which may point to a consolidation phase before the next leg.
The broader copper narrative also lends support to this setup. With persistent demand from renewable infrastructure, data centers, and EVs, copper remains a fundamentally supported commodity despite near-term volatility driven by macro factors and central bank policy. Any fresh economic stimulus out of China or signs of rate stabilization globally could provide the catalyst for a bullish breakout in base metals.
Traders should monitor volume and any breakout beyond the 4.89–4.90 zone, which could trigger further buying. A daily close above 4.90 on increased volume would confirm the breakout and improve the probability of reaching the 5.10 target.
While today’s market holiday may reduce liquidity temporarily, it also offers a less crowded environment for early positioning. As always, risk management is paramount, and trade sizing should reflect the volatility and leverage of commodity futures.
This setup remains active and will be reassessed if price fails to hold above the key support zone or if macroeconomic conditions materially shift in the near term.
XAUUSD on correction H4 Timeframe Analysis
Gold is currently holding the falling wedge pattern on H1 & H4 now market is range of 3330-3380 structural zone .
What's possible scanarios we have?
As we have seen h4 candle closes above 3335
And we have bullish potential towards 3380 .once 3345 cross keep your eyes at 3365 then 3380 milestone.
On the otherhand if The H4 candle closes again below 3335 buying will be limited and market will join the 3290 zone
Additional TIP:
Above 3335 keep buy
Below 3325 keep sell
#XAUUSD
GOLD Can Turn Bearish Now, After Completing a 50% Retracement!GOLD futures analysis for Wed Jun 26th.
Price reached the -FVGand is reacting to it now.
This, after pulling back tothe 50% fib.
Should the FVG fail, Gold is bullish. This is not
supported by fundamentals, though.
As the market environment is more risk on than
off, I expect the -FVG to hold, and the retracement
of the last impulsive move down to end, and a new
bearish leg to begin.
Enjoy!
May profits be upon you.
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Disclaimer:
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The Fed's rate cut cannot stop the decline in gold pricesThe 4-hour technical pattern is repaired, the short-term moving average diverges upward, and the K-line stands firm on the moving average support and fluctuates upward. In the short term, pay attention to the breakthrough of the 3350 pressure level and the confirmation of the European and American market retracement. The daily price stabilizes at the 3300 support level, and the downward momentum is weakened. The overall pattern of fluctuations is maintained. Be vigilant about the short-term adjustment risk after continuous highs. In terms of operation, it is recommended to arrange short orders in batches in the 3347-3352 area, and strictly stop loss and take profit.
GOLD SELLERS WILL DOMINATE THE MARKET|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,339.37
Target Level: 3,313.04
Stop Loss: 3,356.82
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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6.26 How much can gold rise?6.26 How much can gold rise?
Yesterday, the price of gold stood firm at 3330 as expected and then rose. Today, it rushed up to test 3350. If it fails to break through 3350 again after the correction, the price of gold will enter a volatile state. Wait for the release of today's data before making the next judgment.
The international situation is currently easing, and the price of gold will continue to reflect its safe-haven value under the influence of the overall upward trend.
Currently, the price of gold is above 3330. If the price of gold is still above 3330 after the release of today's US data, then the price of gold has a chance to break through the horizontal channel high of 3350. On the contrary, if it cannot stand firm at 3330, it will continue to enter the downward channel.
Today, you can go long near 3330, stop loss at 3325, target at 3347 and then observe.
If the price of gold continues to fluctuate near 3340, you can go short with a light position near 3345, stop loss at 3351, target at 3333.
Thank you for your attention, and I hope my analysis can help you.
Gold Price ActionHello Traders,
There’s a potential Buy/Sell opportunity here based on the current price action. I’ve marked trendlines on two different timeframes, which highlight key Support and Resistance levels.
I've shared more detailed analysis on my channel, so feel free to check that out for deeper insights.
When the price reacts (rejects) from these support or resistance zones, we can look to confirm our entry by analyzing volume—this helps us avoid false signals.
For trade management, consider using a Risk-Reward ratio between 1:2 and 1:5, depending on your personal trading style. Most importantly, avoid trading blindly—always wait for confirmation.
Wishing you all the best and happy trading!
Thank you!
GOLD 4H Gold has compleated a bullish leading diagonal pattern and started the correction to the downside.
Wave A has formed, now wave B is forming before wave C begins.
A potential Head and Shoulders pattern is forming, which would align with the formation of wave C.
I anticpate a correction down to the 61.8 Fib.
XAUUSDHedge funds and large speculators hold a significantly net long position. This suggests increased confidence in gold’s upside potential. The sentiment is in favor of continued buying pressure unless we see a major shift in macroeconomic conditions or dollar strength. Gold remains in a bullish trend with institutional backing (Net COT: 200,648). Watch for healthy pullbacks for long entries.
XAU/USD 26 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:
Gold price fluctuation range: 3330-3360Gold price fluctuation range: 3330-3360
Fed Chairman Powell reiterated his hawkish stance at a hearing on June 26, emphasizing "insufficient progress in inflation", but hinted that if a trade agreement is reached, interest rate cuts may be considered.
Market expectations for a rate cut in September have risen to 74%.
Although Israel and Iran have reached a "comprehensive ceasefire", the terms of the agreement are not symmetrical and conflicts are still ongoing (such as Israel's air strikes on Iran's missile depot).
Market concerns about shipping disruptions in the Strait of Hormuz support gold's safe-haven demand.
Trump announced that he will hold talks with Iran next week, but the market is still worried that the situation may escalate again.
The market is paying attention to the final value of the US first quarter GDP and the PCE inflation data for May to be released later today. If the data exceeds expectations, it may strengthen the Fed's expectations of delaying interest rate cuts, which is bearish for gold.
Technical analysis:
Short-term trend: London gold closed with a small negative line, forming a "yin-enclosing-yang" short-term reversal signal.
Short-term support is at $3,330
Short-term resistance is at $3,350
Key range: Gold price fluctuates between $3,300 and $3,360.
If it falls below $3,300, it may fall to $3,250;
If it breaks through $3,360, it may challenge $3,400.
4-hour chart: Bollinger Bands narrowed, and MACD indicator showed signs of golden cross. If a golden cross is formed, it may drive gold price to rebound.
Trading strategy suggestion:
In the past two days, we went long near 3310 points and left near 3330 points.
Today we still maintain the low-price long strategy:
Buy: 3320-3330 points
Stop loss: 3310-3315 points
Target: 3345-3365 points
To sum up: Today's gold price is mainly volatile, and we need to pay close attention to the Fed's policy trends and geopolitical risks.
Intraday trading is still mainly about waiting for low prices to go long
XAUUSD Possible Move 26.05.2025Gold is currently respecting an ascending channel, showing consistent higher highs and higher lows. Price is now testing the upper boundary of this channel and approaching a key supply zone (3353–3357), which previously triggered a strong sell-off.
Key Zones:
🔼 Sell Zone: 3353–3357 (confluence of supply + channel resistance)
🔽 Buy Zone: 3325–3329 (demand zone + channel support)
✅ Trade Ideas:
📍Buy Setup
Entry: 3325–3329
SL: Below 3310
TP: 3350–3355
📍Sell Setup
Entry: 3353–3357
SL: Above 3367
TP: 3330–3325
🔔 Important Note:
⚠️ Today's U.S. Jobless Claims data is critical. Expect volatility and possible breakout/fakeout scenarios around the time of release. Trade only on confirmation.
XAUUSD - Breakdown: - RISK OFF - Gold Bears Part II🎯 Pullback Zones:
1️⃣ 3340 — ✅ Tagged during Asia session
Now waiting patiently to see if we extend into:
2️⃣ 3350–3356
Will look for fresh sell setups if no bullish fundamentals show up.
#XAUUSD #Gold #AsiaSession #TechnicalAnalysis #Forex #MarketUpdate #Commodities
Market next move Disruptive (Bearish) Scenarios:
1. False Breakout Risk
The recent bullish candles could be a bull trap.
Price may test the “support” trendline, fail to hold, and break downwards instead of continuing upward.
Watch for rejection near the target area or sharp sell-offs on high volume.
2. Overhead Resistance Zone
Price is approaching historical resistance near the $3,350–$3,355 area.
If it fails to close above this level on strong volume, it may reverse sharply.
3. Divergence Warning (Check RSI/MACD)
If you check oscillators like RSI or MACD, and they show bearish divergence (price makes higher highs, indicator makes lower highs), that could signal a weakening bullish momentum.
4. Volume Decline
The volume spikes on the recent bullish move, but volume drops afterward could indicate lack of buying interest to sustain the rally.
5. Fundamental Triggers
Any sudden macroeconomic news (e.g. strong USD data, interest rate hikes, geopolitical developments) could trigger a sharp selloff in gold, invalidating the bullish setup.