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Analysis and layout of the latest gold trend in the evening📰 Impact of news: 1. The ceasefire agreement reached earlier did not take effect, and Trump believed that both sides violated the agreement 2. Federal Reserve Chairman Powell delivered a speech 3 hours later 📈 Market analysis: After falling below the 3300 mark, gold hit the 3295 line and then rebounded. However, there are too many long orders at the current high level of gold, and the market will not rise easily. The current international situation is so tense, and gold is still slowly declining. It is difficult to rebound sharply in this situation. In the short term, focus on 3290-3280 below. If effective support is obtained, you can go long and look towards 3300-3310. If it falls below the support line of 3290-3280, the downward channel of gold will be opened and it is expected to reach 3265. At the same time, pay attention to the 3328-3338 resistance range on the upside. If the first rebound in the evening encounters pressure and resistance here, you may consider shorting. 🏅 Trading strategies: SELL 3328-3338-3400 TP 3310-3300-3295 BUY 3290-3280 TP 3300-3310 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
GOLD - Price can rise in channel to $3495 resistance lineHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 After price started to trades inside triangle, it made an impulse up, breaking two levels, after which turned around. Price dropped to $3195 level, breaking resistance level, and made a first gap, after which rose to resistance line. Then Gold in a short time declined to support line, making a two gaps again and then bounced up from support line. Gold exited from triangle and continued to move up inside rising channel, where it first made a correction. In channel, price grew higher than $3400 level, but recently turned around and fell to support line. Now, I expect that Gold can bounce from this line and rise to $3495 resistance line, breaking resistance level. 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:XAUUSDLong
by WalterMoon
10
Gold’s Geopolitical Launchpad: Eyes on $3,500+🟡 GOLD - Macro Fuel Meets Technical Momentum Trade Levels Inside Gold continues to flex its haven status as geopolitical tensions flare once again—this time triggered by reports of a U.S. airstrike on Iranian nuclear facilities. That headline risk has lit the fuse under precious metals, and the reaction in futures markets has been swift. Friday’s intraday washout—largely driven by hopes that President Trump would opt for diplomacy—was short-lived. The strong recovery into New York close left a long lower shadow, signaling buyers are already pricing in weekend escalation risk. 💡 Macro View: - Analysts project a move toward $3,500–$3,700, driven by a twin-engine of geopolitical instability and sticky inflation. - Central banks are staying long; ETF inflows are ticking up—this isn’t just speculative hype. - Goldman’s base case: $3,700 EOY, $4,000 by mid-2026. Recession/volatility scenarios stretch targets up to $4,500. 🔧 Technical Setup: - Bias across all time frames remains bullish. Open float pressure is stacking with long-side conviction. - Key long trigger zone sits between $3,369–$3,375—I’m watching for confirmation here. - Profit targets: - First resistance: $3,440.48 - Second target: $3,500 zone - Stretch: $3,520+ if volatility expands
OANDA:XAUUSDLong
by Wiiso
HelenP. I Gold may continue to decline to support levelHi folks today I'm prepared for you Gold analytics. After dropping from the support zone, the price of Gold found temporary support near the trend line and started to rise again. The upward movement was sharp and even created a gap while breaking through the previous support level, which then acted as resistance. For some time, the price hovered around this resistance area but failed to gain enough strength to break higher. Eventually, Gold pulled back to the trend line and began consolidating within a triangle pattern. Inside this structure, it managed to break above the resistance zone again, but this breakout turned out to be false. The price quickly reversed and dropped, breaking through the resistance level and exiting the triangle to the downside. This breakdown also shows that the bullish momentum has weakened significantly. Now, Gold is trading near the trend line again, showing hesitation and a lack of strong bullish continuation. Given this technical behavior, I expect a small rise toward the trend line, followed by a continued drop toward the support level at 3320. That’s the area I’m watching as my current goal. If you like my analytics you may support me with your like/comment ❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDShort
by FirstNameHelen
17
XAUUSD - Prop firm or your own account? - Trading Psychology"$100K Funded? Or $1K account you own?? Welcome to the Inside Battle of Every Trader" You want capital, freedom and win big. But the question is: do you do it with your own money, or someone else’s? You’ve got the $100K funded dream on one side. Big leverage, strict rules, payout drama. And on the other side? Your own $1K account. Zero limits, zero support, and a whole lot of emotional damage. This is a breakdown of what really happens behind both paths — the adrenaline, the self-sabotage, the mind games, and the payouts that sometimes never come. The Prop Firm Path: Pass, Survive, Then Pray Phase 1: You trade with hunger. You’ve got the goal in sight, and every move is calculated. You’re alert, focused, mechanical. The structure helps. The rules feel like a challenge. Everything feels possible. Phase 2: You trade with fear. Now you’re tiptoeing. The target’s smaller, but the pressure is suffocating. Hesitation.Overthink. You play defense — and that’s when you lose. You stop executing your edge and start trading to avoid failure. Funded: The real test begins. You go live, you trade well, you hit payout… and suddenly the firm has a problem. A new rule is “suddenly” enforced. A clause is reinterpreted. A delay happens. You’re told to wait. Or worse — your account is shut with no warning. That’s the part no one prepares you for: the waiting, the silence, the mental snap. Passing isn’t the end. It’s barely the middle. ✅ So, Should You Go Prop? Here's What You Need to Know Yes — if you’re ready to treat this like a hostile contract. If you’re trading a prop account, you are trading their rules, their terms, their timing. You are not a partner — you are a performer. And they are very comfortable pulling the plug. If you do it: • Be colder than the system. • Read every rule twice. • Trade Phase 2 like a surgeon — no ego, no rush. • And never treat a payout like it's guaranteed — treat it like a fight you have to win more than once. You don’t just pass. You survive. And if you’re not ready to survive, stay out. 🚨 Do not forget — It’s Simulated Capital. And That’s the Game. Let’s not pretend it’s hidden: You’re NOT TRADING REAL MONEY. You’re executing on a simulated account that mirrors real conditions — nothing more. When you get paid, it’s not because you “grew” capital. It’s because you performed better than the masses who failed their challenges and fed the payout pool. This isn’t shady. It’s the model — and it works because most traders lose. So don’t delude yourself into thinking you’re managing funds. You’re monetizing discipline inside a challenge-based system. And if you know how to work that system? You get paid. If you don’t? You become someone else’s payout. 🔓 Trading Your Own Money: Real Freedom or Emotional Damage? With your own capital, there’s no one watching — and no one helping. You set the rules. You decide how aggressive, how cautious, how chaotic. But the second you click “Buy,” your psychology comes for you like a debt collector. Because real trading isn’t what’s on the screen — it’s what’s happening between your ears. You lose your money, you lose your confidence. You win big, and suddenly you think you’ve figured out the market — until the market slaps you for it. There’s no one to blame, and that makes it ten times harder. But here’s the part no one can take away from you: every lesson is yours. Every win is clean. Every loss hits deep. And if you make it — you really made it. 💡 How to Make Self-Funded Work for You ✅ Start with small capital — but also invest in your trading education. Join a group that teaches you how to trade, not signal groups that just give you orders when to buy or sell, without explaining why. ✅ Join a real trading community. Surround yourself with people who post actual breakdowns — who teach, not flex. Avoid ego chats. Avoid circus chats. Find people who show the why, not just the entry. (If you’re reading this, you already found the right space.) ✅ Focus on fixing mistakes — not faking wins. Nobody cares how many pips you caught if you blew 5 trades getting there. Get real about your risk management and lot size. ✅ Learn to stop after a win. Don’t feed your dopamine. Protect your equity. Walk away while you’re still in control. ✅ Respect your losses. Don’t chase them. Red days don’t destroy traders. Revenge trading does. Stop. Reset. Come back sharper. ✅ If you’re not paying yourself yet, don’t panic. Some seasons are for building, not cashing out. Don’t force results just to feel good — let the system earn before it pays. 🔄 The Hybrid Advantage: Rent the rules. Own the skill. Some traders don’t pick a side. They use prop firms like a hired weapon — fast, effective, disposable and Personal accounts like a vault — protected, scalable, sacred. They switch between them based on market conditions, mental load, and long-term goals. You don’t need to be loyal to a style just be loyal to your results. 🧠 Final Word: Trading becomes real, sustainable, and successful only when your mind is at peace with the path you chose. If you wake up anxious about your account — if you feel pressure before you even open the chart — that’s not discipline, that’s misalignment. This doesn’t mean trading should feel easy. But it should feel right. You should wake up curious to read price, not terrified to take a trade. Whether you trade $100K or $1K, the real account is always in your head. You should feel like this work belongs to you — not like you’re trying to survive someone else’s idea of success. Whether you trade with a prop firm or your own account, or both, the goal is the same: Mental clarity. Emotional control. Strategic confidence. You’ll know you’re on the right path the moment the stress fades — and the obsession becomes patience, structure and joy with success. If this lesson helped you today and brought you more clarity: Drop a 🚀 and follow us✅ for more published ideas.
FOREXCOM:XAUUSD
by GoldMindsFX
XAUUSD 4H Chart – Trendline Break and Retest in Play"Gold (XAUUSD) on the 4H timeframe has broken below the ascending trendline and is currently in the process of retesting the previous support, now turned resistance. If the retest holds, further downside is expected towards the 3123 level, as marked on the chart. Ichimoku Cloud also shows a bearish outlook, supporting the potential drop. Traders should watch price action closely around the retest zone for confirmation." This is not financial advice .
OANDA:XAUUSDShort
by Smart_Trading_Strategy
2
Gold Trading Strategy June 24Quite surprised with the price gap down at the beginning of the day. A sweep to 3333 and recovery to increase again in the Tokyo trading session. This recovery completely breaks the market's bullish wave structure. 3363 and 3335 are paying attention in today's Asian and European trading sessions. This area can be traded short-term in the sideways range. The SELL area pays attention to the opening gap at 3368. The upper range has some adjustments compared to yesterday in the direction of decreasing prices, so the SELL range 3386 and 3410 is paid attention to for trading. Resistance: 3363-3368-3386-3410 Support: 3335-3322-3296 Good trading signal BUY GOLD 3323-3321 Stoploss 3318 SELL GOLD 3363-3365 Stoploss 3370
OANDA:XAUUSD
by VHT_Trader
4
Gold prices rebounded weakly after a sharp plunge!After Trump announced that Israel and Iran had reached a comprehensive ceasefire agreement, market risk aversion significantly cooled, and gold prices plunged by more than $30 in early trading. From a technical perspective, the moving average system of gold's daily chart shows an intertwined state, with relatively balanced bullish and bearish forces. Currently, the key resistance above is near 3350, which is an important psychological threshold. If effectively broken through, it may open up an upward space; the support level below focuses on the 3285-3290 range, which is the lower edge of the May platform (shock platform). If broken, it may exacerbate pullback pressure. The loss of the middle 轨 (middle track) in the 4-hour chart further confirms the short-term weak structure, providing technical support for the downward trend. It is recommended to go long near 3285-3290 during the pullback in the evening, but currently, gold continues to decline following the trend. you are currently struggling with losses，or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results. Trading Strategy: buy@3290-3295 TP:3335-3340
CAPITALCOM:GOLDShort
by MyronWilson
GOLD: Next Move Is Down! Short! My dear friends, Today we will analyse GOLD together☺️ The market is at an inflection zone and price has now reached an area around 3,303.99 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 3,285.33..Stop-loss is recommended beyond the inflection zone. ❤️Sending you lots of Love and Hugs❤️
FOREXCOM:XAUUSDShort
by FreeXauusdSignals
Will the 3300 support hold today?Due to the sudden ceasefire agreement between Iran and Israel today, the gold market quickly flipped from bullish to bearish — when gold tested the 3300 support level just now, it rebounded near 3315 📈. It may challenge the 3290-3300 support range again later: if it effectively breaks below, the next target is the strong support at 3265, and it may eventually dip to 3200 before starting a rebound 🔄. If the breakout fails, it may consolidate near 3330, waiting for further market guidance 📊 ⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️ 🚀 Sell@3330 - 3320 🚀 TP 3310 - 3305
OANDA:XAUUSDShort
by Sovereign_11
Bearish Gold Analysis🟠 Chart 1: Traditional Pivots with MACD Price Action: Gold is showing signs of consolidation below the resistance zone near Q-R1 (3295.657) and R2 (3468.343). MACD Indicator: There is a clear bearish crossover in the MACD histogram and lines, suggesting weakening bullish momentum. Trendline Support: Price is still above the long-term trendline, but any break below 3200 may accelerate the downside. Volume: Currently no volume spike to suggest strong buying interest. Bearish Signals: MACD rollover. Repeated rejection near resistance zone. Lower highs forming. 🟢 Chart 2: Camarilla Pivots with EMA Cloud/b] Camarilla Levels: H3 (3264.077) is labeled as a "Sell Reversal." L3 (2981.863) as "Buy Reversal" and L4 (2840.757) as "Breakout." EMA Cloud: Price is above the cloud but getting compressed. If the price breaks and sustains below the cloud (around 3100–3150), it confirms a bearish shift. Candle Formation: Recent weekly candles are rejecting the upside—indicating distribution. Bearish Bias Support: Price failing to break H4 (3405). Compression below key resistance with potential drop to L3/L4. 🔵 Chart 3: Money Zone Value Area High (VAH): ~3036 Point of Control (POC): ~2877 MZ VAL: ~2720 Price is above VAH but weakening. If it breaks down below 3036, it may retest the POC (~2877) and VAL (~2720). Volume Analysis: A low-volume node around 3150–3250 suggests the price may fall fast if it breaks. Major support comes near 2877 and 2720. ✅ Conclusion (Bearish Case Validation): You have solid technical confirmation for a bearish bias: MACD bearish divergence. Repeated failure at Camarilla resistance. EMA cloud tightening with potential breakdown. Price is trading above value zones with signs of exhaustion. Volume profile supports a sharp drop if 3200–3150 is broken.
TVC:GOLD
by Game_0f_Pivot
XAU/USD: Gold's Critical Decision Point! FOR JUNE 06, 2025 📊 CURRENT SNAPSHOT --- 🎯 THE SETUP: "Golden Triangle Breakout" Gold is sitting at a CRITICAL JUNCTURE - trapped between major support and resistance levels, forming what I call the "Golden Pressure Cooker" pattern. 🔍 KEY LEVELS TO WATCH 🔴 RESISTANCE ZONE (The Ceiling) * LWH (Last Week High): \$3,403.55 - Ultimate target * LWL (Last Week Low): \$3,297.94 - Immediate resistance * 4H FVG: \$3,350 area - Major supply zone 🟡 CURRENT BATTLEFIELD * Price Action: Consolidating in tight range * PWL (Previous Week Low): \$3,245.28 - Key pivot 🔴 DANGER ZONE (The Floor) * DIE ZONE: \$3,121.70 - Critical support * Break below = Major bearish signal --- 📈 MARKET STRUCTURE ANALYSIS What the Chart is Telling Us: 1. 📊 Consolidation Phase: Gold has been ranging for several sessions 2. ⚡ 4H FVG Above: Acting as a magnet for price 3. 🎯 Triple Test: Price respecting the PWL level multiple times 4. 📉 Volume Decline: Typical before major moves --- 🚀 TRADING SCENARIOS SCENARIO 1: "Golden Rocket" 🚀 (BULLISH) IF price breaks above \$3,297.94 (LWL): * Target 1: \$3,330- +1.2% gain * Target 2: \$3,350(FVG) - +3.9% gain * Stop Loss: \$3,280 - Risk: -0.5% Risk/Reward: 1:1.8 ⭐⭐⭐ SCENARIO 2: "Golden Avalanche" 📉 (BEARISH) IF price breaks below \$3,245.28 (PWL): * Target 1: \$3,200 (Psychological level) * Target 2: \$3,121.70 (Die Zone) * Stop Loss: \$3,297.94 (LWL) --- 💡 SIMPLE TRADING PLAN 🎯 FOR BULLS (Buy Setup): ``` ENTRY: Break above $3,298 with volume STOP: $3,285 TARGET 1: $3,330 TARGET 2: $3,360 🎯 FOR BEARS (Sell Setup): ``` ENTRY: Break below $3,245 with volume STOP: $3,298 (LWL) TARGET 1: $3,200 TARGET 2: $3,122 (Die Zone) --- ⚠️ RISK MANAGEMENT RULES 1. Position Size: Risk only 1-2% of account 2. Wait for Confirmation: Don't jump early 3. Volume is Key: Breakouts need volume 4. Time Limit: Close if no movement in 2 days --- 🔥 WHY THIS SETUP MATTERS Gold is at a crossroads! The tight consolidation suggests big players are accumulating positions. When this range breaks, expect explosive movement in either direction. Smart Money Clues: * Multiple tests of PWL = Strong support * 4H FVG above = Price magnet effect * Low volume = Calm before the storm --- 📊 MARKET CONTEXT * Dollar Weakness: Could fuel gold rally * Economic Uncertainty: Safe haven demand * Technical Setup: Clean breakout pattern * Timeframe: Perfect for swing trades --- 🎯 MY VERDICT Gold is COILED and ready to EXPLODE! The setup favors the bullish scenario due to: ✅ Strong support holding at PWL ✅ 4H FVG acting as price magnet ✅ Multiple failed attempts to break lower ✅ Overall uptrend structure intact But remember: Respect the levels and trade the breakout, not your bias! --- 🚨 ACTION ITEMS 1. Set Alerts: \$3,298 (bull trigger) & \$3,245 (bear trigger) 2. Watch Volume: Breakouts need confirmation 3. Be Patient: Wait for clean breaks 4. Have Both Plans: Ready for either direction --- Trade Smart, Stay Safe! 🥇💰 The market rewards patience and punishes impatience.
PEPPERSTONE:XAUUSDShort
by ONE1iMPACT
GOLD - WAVE 5 BULLISH TO $3,734 (VIDEO UPDATE)Here’s an updated video analysis, as ‘Minor Wave 2’ is still forming & pulling back deeper into the $3,285 zone which I mentioned for you all last week. We’ll be keeping an eye around this zone for a slow down in bearish momentum & if we get it, we’ll enter a buy trade. If momentum doesn’t slow down, we will let it go towards $3,245 & invalidate bullish structure. That way we know to look for sell’s 📉 TP1: $3,374 TP2: $4,300
FOREXCOM:XAUUSDLong
by BA_Investments
XAUUSD Daily Sniper Plan – June 24, 2025“Snipers wait. Structure tells the story.” Hello traders! The market is stuck between the FOMC high at 3452 and the confirmed low at 3340. Price is compressing under H1 supply and above a key liquidity pocket. Here's your full plan with all sniper zones — now including a decision zone for intraday confirmation. 📰 Macro + Fundamental Context Powell Testimony + multiple FOMC speeches today → high potential for dollar-driven volatility. Inflation concerns and hawkish tone expected → short-term gold bearish pressure unless structure reclaims 3415+. Smart money likely hunting liquidity both below 3340 and above 3400. 🔸 HTF Structure Summary (D1 → H4 → H1) D1: Consolidation between 3452 and 3340. No new BOS. H4: LL formed at 3340. LH not confirmed. Market is compressing under resistance. H1: CHoCH + BOS confirmed. Current price sits in mid-range. 🔍 Sniper Entry Zones 🟥 Sell Zone 1: 3382–3395 H1 supply zone with previous rejection. Includes order block + FVG. Valid for new short entries if price returns and rejects. 🟥 Sell Zone 2: 3406–3420 High-risk spike zone from FOMC. Only valid during fast, news-driven price movement. Not a default entry unless confirmed rejection. 🟨 Decision Zone (Flip Area): 3360–3372 This is the key intraday flip level. If price stays below, sell zones remain valid. If price closes above, short bias is invalid and market may aim higher. Use this zone to confirm bias before entering from either side. 🟩 Buy Zone 1: 3335–3345 Strong demand under equal lows. OB + small imbalance on M15. Valid for intraday long setups if confirmed with bullish price action. 🟦 Buy Zone 2: 3305–3285 H4 demand zone with major liquidity below. Deep reversal area — only valid if price breaks 3340. Smart money may be waiting here. 📌 Key Levels Summary Zone Type Price Range Explanation 🔺 Premium OB 3450–3480 Daily supply zone 🟥 Sell Zone 1 3382–3395 Active H1 supply 🟥 Sell Zone 2 3406–3420 FOMC wick inducement 🟨 Flip Zone 3360–3372 Decision area — confirm bias 🟩 Buy Zone 1 3335–3345 Demand under equal lows 🟦 Buy Zone 2 3305–3285 H4 demand + deep liquidity 📣 Final Notes 📌 The market is at a critical moment. The flip zone (3360–3372) will decide tomorrow’s control: bear continuation or deeper retracement. Watch price at the zone. Let the structure speak. Trade only where the logic is clean. 👁 Good luck in the market tomorrow, traders! — GoldFxMinds 🟨 Disclosure: I am part of TradeNation’s Influencer Program and receive a monthly fee for using their TradingView charts in educational work.
TRADENATION:XAUUSD
by GoldFxMinds
Gold remains weak and is expected to fall below 3,300 Gold fell today due to the news of a comprehensive ceasefire in the Iran-Israel conflict. In addition, as Fed officials claimed that there was no need to cut interest rates at present, expectations of interest rate cuts fell, the dollar strengthened, and gold was under pressure. In the short term, it may continue to fall and further test 3291 to 3285. Therefore, today we should continue to operate short, pay attention to 3336-38 to suppress shorts, defend 3346, and look at 3300/3285 support. Gold short-term trading: short near 3336, stop loss 3346, take profit 3300
TVC:GOLDShort
by jiqeu1
Hanzo Drex | 15-Min Bullish Reversal Setup – 300 Pips in Sight🔥 Gold – 15 Min Scalping Analysis ⚡️ Objective: Precision Reversal Execution Time Frame: 15 -Minute Warfare Entry Mode: Only after verified Reversals 👌Bullish Reversal : 3397 Price must break liquidity with high volume to confirm the move. ☄️ Hanzo Protocol: Dual-Direction Entry Intel ➕ Zone Activated: Strategic liquidity layer detected — mapped through refined supply/demand mechanics. Volatility now rising. This isn’t noise — this is bait for the untrained. We're not them. 🦸‍♂️ Tactical Note: The kill shot only comes after the trap is exposed and volume betrays their position.
CAPITALCOM:GOLDLong
by Path_Of_Hanzo
1
XAUUSD: Market strategy and analysis on June 24Gold technical analysis Daily chart resistance 3400, support 3286 4-hour chart resistance 3345, support 3304 1-hour chart resistance 3335, support 3315 B2 bombing was carried out over the weekend, the scale of the war expanded, and the ceasefire was directly stopped on Monday. The news is changing at any time. Now the market risk aversion has subsided, and the gold price has fallen rapidly! The 3400 mark has been under pressure for many times and failed to break through. With the news of the ceasefire agreement, the short-term correction pressure has increased. Today, gold directly fell below the 3340 support. The loss here means that the shorts will further develop momentum downward. Next, gold will focus on the second highest point of the 1-hour line rebound 3357 as a defense point. If it continues to fall and test the 3300 integer mark, you can try to buy. SELL:3340near BUY:3300near
OANDA:XAUUSDShort
by ActuaryJ
Gold prices rebound weakly after sharp fallFrom a technical perspective, the gold daily moving average system is intertwined, and the long and short forces are relatively balanced. The current key resistance above is near 3350, which is an important psychological barrier. If an effective breakthrough is achieved, it may open up the upward space; the support below focuses on the 3285-3290 line, which is the lower edge of the May oscillation platform. If it falls below, it may increase the pressure of the correction. The loss of the middle track in the 4-hour chart further confirms the short-term weak structure and provides technical support for the downward trend. It is recommended to go long near the 3285-3290 level. At present, gold continues to fall in line with the trend. Operation strategy: 1. It is recommended to go long in the 3287-3292 area of ​​gold, with a stop loss at 3280 and a target of 3320-3340.
OANDA:XAUUSDLong
by QuinnAnthony
1
Gold Outlook–24 June: Can Geopolitical Tensions Shift the Trend?📊 MACRO INSIGHTS: 🔸 Iran–Israel Ceasefire Update: Though both sides have referenced a ceasefire agreement, real conditions on the ground tell a different story. Iran has expressed conditional agreement, demanding Israel to halt operations first. However, Israeli forces claim missile attacks from Iran are still ongoing... 🔸 Escalation Despite Diplomatic Moves: Despite former President Trump’s announcement of a peace deal, Iran responded with renewed missile activity — intensifying market uncertainty... 🔸 Currency Sentiment: Asian currencies are mostly strengthening amid conflicting signals from the Middle East, reflecting cautious optimism across emerging markets... 📉 GOLD PRICE TECHNICAL STRUCTURE: 🔸 Gold experienced a significant drop during the early Asian session, forming a visible price gap near the 334x region... 🔸 On the H1 timeframe, a potential correction is underway. Price may retest 3325 or dip as low as 3287 before resuming bullish momentum. If support at 3290 holds or breaks, it could become a key signal for trend confirmation going forward... 🔐 KEY ZONES TO MONITOR: 🟥 Resistance Areas: 3366 – 3394 – 3409 – 3450 🟩 Support Levels: 3333 – 3325 – 3316 – 3293 🎯 POTENTIAL TRADE SETUPS (Price Action Bias): 🟢 Bullish Opportunity #1 📍Entry: 3286–3288 🎯Targets: 3305 → 3322 → 3345 🛑Stop Loss: 3282 🟢 Bullish Opportunity #2 📍Entry: 3296–3294 🎯Targets: 3305 → 3322 → 3345 🛑Stop Loss: 3292 🔴 Bearish Setup #1 📍Entry: 3383–3385 🎯Targets: 3375 → 3362 → 3340 🛑Stop Loss: 3389 📌 Heads-up: Keep an eye on today’s Fed commentary and any new political statements – both could bring unexpected volatility to gold prices...
OANDA:XAUUSDShort
by EliseLunaTraders