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Silver consolidation supported at 3500Silver – Technical Analysis The Silver price action continues to exhibit a bullish sentiment, underpinned by a prevailing rising trend. However, recent intraday moves indicate a corrective pullback, reflecting short-term consolidation within the broader uptrend. Key Technical Levels: Support: 3,500 – Primary support and previous consolidation zone; critical for maintaining bullish structure. 3,450 – Secondary support; potential downside target if 3,500 fails. 3,390 – Key lower support; aligns with a broader demand area. Resistance: 3,720 – Immediate upside resistance; first target on a bullish bounce. 3,790 – Intermediate resistance; aligns with recent swing highs. 3,850 – Long-term resistance target; marks the upper boundary of the current bullish channel. Scenario Analysis: Bullish Continuation (Base Case): A bounce from the 3,500 level would affirm the corrective pullback as temporary, with potential for a bullish continuation targeting 3,720, followed by 3,790 and 3,850 over a longer timeframe. Bearish Reversal (Alternative Scenario): A daily close below 3,500 would undermine the current bullish outlook and signal a deeper retracement, with downside risk toward 3,450 and potentially 3,390, where structural support may stabilize price. Conclusion: Silver remains structurally bullish, with the current pullback offering a potential entry point within the trend. The 3,500 level is the key pivot—holding above it supports further upside continuation, while a breakdown below would raise the risk of a deeper correction. Traders should watch for price action confirmation at this level to validate the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAGUSD
by TradeNation
Gold Drops Sharply – Breaks Below the $3,300 Support📊 Market Overview: Gold has plunged to $3,290/oz, breaking the key psychological level of $3,300 as the US dollar strengthened and Treasury yields ticked higher. Market sentiment has turned defensive ahead of Friday’s US PCE inflation data, with expectations that the Fed may maintain its hawkish stance for longer. 📉 Technical Analysis: • Key Resistance: $3,310 – $3,325 • Nearest Support: $3,285 – $3,272 • EMA09: Price is currently below the 9-period EMA, confirming short-term bearish momentum. • Candlestick / Volume / Momentum: o H1/H4 charts show a series of long bearish candles, with rising volume → strong selling signal. o RSI is approaching oversold levels (~28), MACD remains in a widening bearish divergence → downward pressure is still dominant. 📌 Outlook: Gold is in a clear downtrend and may extend its decline toward $3,285 – $3,272 unless a reversal is triggered by weaker-than-expected PCE data or renewed geopolitical tensions. In the near term, any technical rebound is likely to offer sell opportunities rather than a trend reversal. 💡 Suggested Trade Setup: 🔻 SELL XAU/USD • Entry: $3,300 – $3,305 (on technical retracement) • 🎯 TP: $3,285 – $3,272 • 🛑 SL: $3,315 🔺 BUY XAU/USD (high risk) • Entry: $3,272 – $3,277 (short-term bottom catching) • 🎯 TP: $3,295 – $3,305 • 🛑 SL: $3,262
OANDA:XAUUSDShort
by Mian-FXSignals
1
GOLD Core PCE Price Index (month-over-month): rose by 0.2%, above the forecast of 0.1% and the previous 0.1% reading. This indicates a slight acceleration in the Federal Reserve’s preferred inflation gauge, with the annual core PCE inflation rising to about 2.7% year-over-year, above expectations of 2.6%. Personal Income (month-over-month): declined by 0.4%, worse than the forecasted 0.3% increase and down from the previous 0.8% rise. This drop suggests a weakening in household income growth. Market and Policy Implications: The uptick in core PCE inflation signals that underlying price pressures remain somewhat persistent, complicating the Fed’s path toward its 2% inflation target. The decline in personal income could weigh on consumer spending going forward, potentially slowing economic growth. The US Dollar Index reacted by edging lower, reflecting market caution amid mixed inflation and income data. Fed officials, including Chair Powell, have emphasized a cautious approach, suggesting no immediate rate cuts until inflation dynamics become clearer. Summary: Core inflation is ticking up slightly, reinforcing inflation concerns, while personal income weakness points to potential softening in consumer demand. This mixed data supports a Fed stance of patience, with markets pricing in a moderate chance of rate cuts later in 2025 but expecting continued vigilance.. China Hong Kong gold vault hints at a geopolitical shift, as the Shanghai Gold Exchange's expansion, aims to enhance China's gold trading infrastructure and challenge Western dominance, potentially impacting demand and supply of physical gold need. #GOLD
SAXO:XAUUSDLong
by Shavyfxhub
Gold Price Analysis June 27Daily Trend Analysis: The price has reacted strongly at the 3348 level, forming a clear and sustainable bearish structure. The 3296 zone is now a critical level — a confirmed breakout below this area could lead to a deeper decline, especially with limited potential for recovery on Friday. Today, the bearish trend is likely to face less resistance compared to the bullish side. As such, a move toward the support zones at 3278 and 3255 is highly probable. Any bullish retracement during the European session should be viewed as a good opportunity to look for SELL setups, targeting 3278 and 3255. As previously analyzed, SELL zones are clustered around key resistance levels. Traders should closely watch price reactions in these areas for potential entry signals. 🔹 Breakout key level: 3296 🔹 Support zones: 3278 – 3255 🔹 Resistance zones: 3300 – 3312 – 3325 – 3336 – 3348 – 3363
OANDA:XAUUSD
by TVS-Trader
Is today Black Friday?On Thursday, gold prices rose to 3350 with support from 3333-30. When the key support of 3320 was broken, it indicated that the short-term rise turned into a fall. This morning, the rebound to 3320 confirmed the pressure of the top and bottom conversion, and then slowly fell all the way to break the integer mark of 3300 US dollars. In 4 hours, it has fallen below the previous low of 3295, and will continue to fall. There are two support positions below, namely 3277 and 3263. Don’t expect a big rebound before going short in the negative market. If the rebound is large, it will not fall. This kind of negative decline is generally judged by the 15- and 30-minute patterns. When resistance appears in the big cycle, the market has actually fallen a lot. Today, I think the pressure is mainly in the 3300 and 3310 areas. 3310 can be considered as the pressure of the top and bottom conversion. Pay attention to 3377 and 3363 below. If you consider more, you may be at a relatively extreme position of 3363. For the time being, the general direction is mainly short.
FXOPEN:XAUUSDShort
by DrewJudson
Gold: Market analysis and strategy for June 27Gold technical analysis Daily chart resistance level 3350, support level 3250 4-hour chart resistance level 3340, support level 3245 1-hour chart resistance level 3300, support level 3280 Technical indicators show that the 4-hour moving average system shows a dead cross arrangement, and the MACD indicator dead cross continues. The gold price has fallen below the lower track support of the Bollinger Band, and the Bollinger Channel is narrowing. The short-term price is in a low-level weak consolidation pattern. The 1-hour chart price broke the previous low of 3295, but the price is oversold and may rebound in the short term. The short-term support level below is around 3280. If it falls below, continue to look at the 3271-3245 range; the important pressure level is around 3300! If there is a short-term rebound before the NY market, wait until the rebound before continuing to sell! The current minimum is 3279. After the short-term stabilization, refer to the resistance of 3300/3310 to sell. Sell: 3300near Sell: 3310near
OANDA:XAUUSDShort
by ActuaryJ
Gold reaches the lower support and makes a bold attemptWith the official ceasefire in the Middle East, risk aversion has returned to normal. Russia and Ukraine are now expected to return to the negotiation table. The situation that was in full swing last week has suddenly become calm. Then the focus of market attention has shifted again to the Federal Reserve's monetary policy. Federal Reserve Powell reiterated in his testimony to the Senate Committee on the semi-annual monetary policy report that there is no rush to act. The tariffs are unprecedented and it is difficult to predict the impact on inflation. Consumers may have to bear part of the tariffs. The trade agreement may make the Federal Reserve consider cutting interest rates, continuing its previous hawkish tone and suppressing the rebound in gold prices. Gold hourly chart; Short-term analysis of gold; The recent fluctuations of 1-200 US dollars have greatly increased the difficulty of trading for retail investors. It seems that there are many opportunities in a day, but in fact, the big market mainly appears in a few times. If you can't keep up in time, you can only watch the price jump up and down. The most feared thing is not to keep up with the market, but the price returns to the same point, but the principal is gradually reduced. From the 4-hour analysis of gold, there are repeated resistances from the bulls before the downward break; once the downward break, the market will go further short, and pay attention to 3280 below. The upper short-term 3330-50 line is the key to suppression. Only by breaking the bulls can the rebound continue. In terms of operation, sell high and buy low, and pay attention to the breakthrough! There are too many long orders at high levels of gold at present, 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.
FXOPEN:XAUUSDShort
by VitoCamilla
Gold stalls below $3350 as USD weakness continuesGold remains delicately balanced as traders in Asia and Europe proceed with caution. Despite recent USD weakness lending some support, buyers haven’t broken above $3350. 📉 USD Weakness & Market Sentiment – Fragile Recovery? 🔻 Dollar Wobbles: Talk of Fed leadership change is stirring doubt over the USD’s trajectory, adding political risk that may benefit gold. ⚖️ Mixed Sentiment: Gold consolidates in a tight range after early‑week drop. With PCE data and Fed speeches ahead, traders await the next catalyst. 📊 Technical Structure – Consolidation Underway Gold trades below short‑term EMAs, hinting at a bearish pause or stealth accumulation. Current levels near $329X. Key Zones: 🟢 Demand (Buy): $3264 / $3276 / $3294 🔴 Supply (Sell): $3313 / $3321 / $3330 / $3341 🎯 Intraday Trading Plan: 🛒 BUY ZONE: $3264–$3266 (SL: $3270; TPs: $3280 → … → $3320) ⚡️ BUY SCALP: $3282–$3284 (SL: $3278; TPs: $3288 → … → $3330) 📉 SELL ZONE: $3331–$3333 (SL: $3337; TPs: $3326 → … → $3300) ⚠️ SELL SCALP: $3313–$3315 (SL: $3320; TPs: $3310 → … → $3280) 🧭 Watchlist: Friday’s PCE, Fed commentary & Middle East tensions may sway price.
OANDA:XAUUSDShort
by EliseLunaTraders
GOLD 4H: not all that glitters is bullish...The 4H chart shows a clean descending triangle breakdown. Price failed to reclaim the trendline and was rejected under both MA50 and MA200. The bounce into 3325–3340 was absorbed — classic liquidity sweep and fade. Volume confirms bearish control. Technically, the breakdown below 3320 opens the way toward $3293 (1.0 Fibo), $3250 (1.272 extension), and final target at $3195 (1.618), where buyers might step in. RSI supports the continuation without signs of reversal. Structure broke — and the market is telling us where it's heading. Tactical plan: — Entry at market or on a retest of $3325–3335 — Targets: $3293 → $3250 → $3195 — Stop: above $3340 (above MA50 and broken trendline) When gold looks shiny, smart traders look deeper. This breakout isn’t golden — it’s a trap for late bulls.
TVC:GOLDShort
by TotoshkaTrades