As predicted, gold continued to fall to the support zoneWorld gold price today
World gold price today increased slightly, with the spot gold price listed on Kitco around 3,317.85 USD/ounce, up 6.18 USD/ounce compared to early this morning. The last traded gold futures price was 3,338.2 USD/ounce, down 8.4 USD/ounce compared to early this morning.
World gold price experienced a volatile week when it continuously fluctuated within the range of 3,300 to 3,400 USD/ounce. But after all the fierce fluctuations, this precious metal returned to near the starting point at the end of the week, reflecting the indecision and waiting mentality of investors before the economic and geopolitical signals that have not yet been resolved.
Pay attention to the points I noted on the analysis.
Best regards, StarrOne !!!
GOLD trade ideas
Gold contained within the rangeTechnical analysis: Recovery continuation on Gold throughout one of the most Volatile weeks of #Q2 (at least for now), in configuration (which should be Technically Bearish for Gold) on the E.U. opening aftermath, where Bond Yields (# -1.10%) possibly reached the Bottom and are currently on aggressive takedown path at the moment, which is adding constant Buying pressure on Gold. Uptrend on Gold is stalled as news hit all market classes and trend Intra-day shift on both DX and Bond Yields on spiral downtrend may constantly accelerate Gold upwards and touch #3,332.80 - #3,342.80 Resistance zone. I will continue Trading Gold within well known range as long as DX is Trading on Neutral numbers. Fundamental events should appear as relief news (at least for Gold’s Buyers) and make DX break well defined Support fractal and Gold to gain (much more attractive for Investors which are and will be looking for safe-haven assets in High demand), but configuration went other way around, and not to calculate more, there is the rule which I mention constantly (what was the Support, becomes the Resistance and vice-versa), I am a bit surprised that Gold recovered this much without a catalyst and #3,342.80 Medium-term Resistance almost got tested and invalidated on multiple occasions will shift Gold from Neutral to Bullish on Short-term. I will monitor the situation and will await for confirmation of a breakout (either below the Hourly 4 chart’s Support or Daily chart Resistance).
My position: I have re-Sold Gold firstly on #3,327.80 and #3,338.80 throughout yesterday’s session and closed both of my orders on #3,324.80 which was tested on late U.S. session. Nothing new personally as I am Trading / continue operating within #3,302.80 - #3,342.80 Neutral Rectangle with my aggressive stronger Lot Scalping orders as I believe we might be contained within mentioned belt a while.
GOLD | Bullish Momentum Holds Above 3376, Eyes on 3404 and 3431GOLD | OVERVIEW
Gold remains in bullish momentum following the CPI result of 2.4%, which came in below expectations. This increases the likelihood of a rate cut by the Fed, providing strong support for gold.
As long as the price trades above 3376 and 3351, the bullish trend is expected to continue toward 3404. A confirmed stabilization above 3404 could open the path toward 3431.
Bearish Correction till 3376 available.
Pivot: 3376
Resistance Lines: 3404, 3431
Support Lines: 3366, 3347
GOLD TODAYHello friends🙌
🔊Due to the weakness of buyers and the strength of sellers, the price continues to fall...
We have identified two supports for you that will not be seen if the price continues to fall, and if the selling pressure increases, we will update you.
🔥Join us for more signals🔥
*Trade safely with us*
GOLD | CPI Data in Focus – Key Levels at 3347 and 3318GOLD | OVERVIEW
Gold remains under pressure due to ongoing U.S.–China trade tensions, with additional focus on the upcoming U.S. CPI data, which is expected to have a strong market impact.
Forecast CPI: 2.5%
Previous CPI: 2.3%
Current Scenario:
If the CPI comes in above 2.5%, it would signal stronger inflation, reducing the likelihood of rate cuts. This would pressure gold lower, continuing the downtrend toward 3318, then 3303, and possibly 3292.
Alternative Scenario:
If CPI is below expectations, it would suggest easing inflation and open the door for rate cuts—supportive for gold. In that case, a break above 3347 could lead to 3366, and then 3375.
Support Levels: 3318, 3303, 3292
Resistance Levels: 3347, 3366, 3375
Quick update: I announced #3,400.80 testAs discussed throughout my yesterday's session commentary: "My position: I have waited for Gold to Bottom out near #3,318.80 - #3,322.80 and aggressively Bought the Bottom which delivered spectacular returns (monitoring DX on Selling sequence which added significant Buying pressure). Keep in mind that Gold has #3,400.80 benchmark on the cards now as an decent possibility."
I have announced #3,400.80 benchmark test since #3,350's and even though I expected the upside extension, my Profit margin (over #200k EUR in #3 weeks) was more than enough and I observed Price-action from sidelines.
My position: Gold is Trading on Bullish extension due Middle East crisis escalation. I am looking at my calculated my re-Buy zones to Buy every dip on Gold and continue Scalping (Buy orders only) towards #3,452.80 benchmark potential extension. However if Gold closes the week below #3,400.80 benchmark, Gold will continue ranging and I will alter my perspective (less likely).
XAUUSD FULL DAILY OUTLOOK — 16 JUNE 2025👋 Hello traders, welcome to a key week for gold.
The bullish expansion continues to unfold cleanly, following weeks of calculated breakout sequences.
After liquidating major liquidity pockets below 3120 earlier this year, gold shifted into controlled higher timeframe expansion.
The breakout above May’s consolidation confirms full bullish structure control. However, we are now entering premium exhaustion territory, where liquidity traps become increasingly dangerous for emotional traders.
This is where most fail — chasing late breakouts — but we stay patient and execute only inside clean zones.
🔎 STRUCTURE PROGRESSION
✅ Weekly BOS fully confirmed → higher timeframe bullish structure intact.
✅ Daily has printed higher lows at 3120 → 3246, leading to the recent higher high at 3448.
✅ Price is now extended into premium expansion.
✅ EMA 5/21/50 fully locked bullish — trend continuation bias.
✅ RSI remains firm but near extended levels.
✅ Fibonacci extensions above are now fully in play.
🎯 DAILY BIAS — 16 JUNE 2025
Primary bias remains bullish as long as price holds above 3355 structure.
Price sits inside premium expansion, where liquidity traps may unfold near 3448–3505.
Controlled pullbacks into 3405–3385 remain healthy for continuation, while deeper dips into 3325 open better risk-reward positioning.
Bullish continuation remains the base case, but aggressive premium sweeps before FOMC remain highly probable.
🔼 DAILY SUPPLY ZONES
Price Zone Context
3448 – 3460 Breakout premium supply (first liquidity trap zone)
3500 – 3505 1.272 Fibonacci extension — major liquidity pocket
3570 – 3575 1.618 Fibonacci extension — exhaustion premium trap
🔽 DAILY DEMAND ZONES
Price Zone Context
3405 – 3385 Shallow pullback liquidity zone
3355 – 3325 Main Daily OB demand — structure protection
3290 – 3255 Deep flush zone — extreme HL recalibration zone
⚠ THE BATTLE THIS WEEK
✅ Price may attempt premium sweeps above 3448 → 3505 before any deeper correction.
✅ Below 3385 lies the first reactive zone for controlled pullbacks.
✅ FOMC remains the dominant macro driver — liquidity will likely front-run into Wednesday.
✅ Patience is key — the market may trigger both traps before any clear directional expansion unfolds.
🔐 Mindset Reminder:
In premium we don't chase — we wait for the market to exhaust liquidity and show real intent.
Our job is not to predict reversals, but to execute once liquidity confirms displacement.
🚀 If this helped you build your map for the week, hit that 🚀, drop your thoughts below, follow for full sniper insights.
We trade clean. We execute precise.
— GoldFxMinds
Gold fluctuates repeatedly and opportunities emerge.Gold bottomed out in the Asian session and rebounded to break through the opening of the decline. The European session continued to break through yesterday's high. The US session continued to break through the key pressure position of 3335-3345, and walked out of the standard strong cycle. After the break, it is necessary to change the thinking and follow the trend to be bullish. Pay attention to the support below 3315-3325. In terms of operation, it is mainly long when it falls back. The upper side gradually looks to 3352 and 3365. If the pressure is not broken, look at the falling space!
Operation suggestion: Go long when gold falls back to 3325-3315, and look at 3338 and 3352! If the pressure above 3352 and 3365 is not broken, you can short!
The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
Opportunity for gold price to return to ATH: 3500✍️ NOVA hello everyone, Let's comment on gold price next week from 06/16/2025 - 06/20/2025
⭐️GOLDEN INFORMATION:
Gold prices surged for a third straight session on Friday as geopolitical tensions flared following Israel’s military strikes on Iranian targets, including nuclear facilities and key leadership. The escalation sparked a broad risk-off move across global markets, fueling demand for safe-haven assets. At the time of writing, XAU/USD trades at $3,422, marking a gain of over 1% on the day.
The yellow metal briefly soared to a five-week high of $3,446 before paring gains, as traders took profits ahead of the weekend. The geopolitical unrest, combined with dovish signals from recent US inflation data, has reinforced expectations that the Federal Reserve could begin cutting interest rates later this year—despite improving consumer sentiment. Together, these dynamics continue to support the bullish momentum in gold.
⭐️Personal comments NOVA:
Military tensions continue next week, which is a big boost for gold prices to continue rising above 3500.
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $3488, $3502, $3562
Support: $3382, $3342
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Lingrid | GOLD ABC Correction Complete, Next Resistance in FocusOANDA:XAUUSD continues to ride an upward channel, recently rebounding from trendline support after a flag breakout. The price tested resistance near 3430 before pulling back slightly, forming a potential bullish retest setup. If the 3337 support holds, a continuation toward the 3430 zone remains in play.
📈 Key Levels
Buy zone: 3330–3340
Buy trigger: bounce from channel support
Target: 3430
Sell trigger: close below 3330
💡 Risks
Break below channel invalidates bullish structure
Resistance at 3430 may cap upside
Weaker momentum could trigger another flag-style retracement
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Gold: down on jobs dataThe price of gold had a mixed week, with around 1% drop on Friday's trading session, after better than expected US jobs data. The non-farm payrolls added 139K new jobs in May, which was a bit higher from anticipated. The strong US jobs market suggests the possibility that the Fed will hold interest rates steady in the coming period.
The highest weekly level of gold was at $3,4K, however, it is ending the week at the level of $3.310. The RSI continues to hold levels modestly above the 50 level, which suggests that the market is still not clearly ready to start the path toward the oversold market side. Gold daily lows found a supporting line at MA50. Both MA50 and MA200 continue to move as two parallel lines with an uptrend.
The uptrend of the price of gold is still holding on charts. Despite the recent correction, there are two consecutive higher highs on charts, as occurred at the end of May and the one from the previous week. This formation in the technical analysis suggests the probability that the price of gold is heading toward the next peak, probably around $3.430, which was the highest level reached at the beginning of May this year. However, this scenario is for a longer time period. For the week ahead, there is a probability that the price of gold will test the $3,3K level but there is no clear indication that this level might be breached toward the downside. On the opposite side, charts are pointing toward the $3.350, with some lower probability that these levels might be pushed further to the upside.
Gold Update – The Reversal Is Still in PlayYesterday’s price action confirmed what we’ve been discussing in recent updates: the upside is vulnerable, and the real move could be lower.
Gold did push toward the 3400 zone, as expected — but that test was short-lived. Sellers stepped in aggressively, and price dropped back toward the 3350 support zone, closing the day with a bearish engulfing candle on the daily chart.
Will we have a new leg down?
That’s the big question now. While bulls are hoping for continuation, the current rebound is weak and seems to be shaping into a bear flag.
Why I Expect More Downside:
- Strong rejection from 3400 key level
- Daily chart printed a bearish engulfing
- Rebound structure looks corrective, not impulsive
Trading Plan:
I continue to look for selling opportunities on spikes, especially near resistance levels like 3375–3385.
If the 3340-3350 zone falls, I expect down acceleration and a drop even to 3200 zone.
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.
The strategy remains unchanged: buy on dipsThe key to the short-term trend of gold lies in the rising channel of the technical aspect. The hourly chart shows that the price is running along the trajectory of gradually rising lows. In this form, the upward momentum is stronger. When the trend is upward, any pullback is a signal of bullish accumulation, which is a good time to enter the market and do more. In a strong market, the pullback range is often limited, and it is more of a short-term bullish pullback to accumulate power. The current key pressure above is in the 3355-3360 first-line range. If the price can break through and stabilize this level, the rising rhythm will most likely accelerate. At this time, the operation does not need to be complicated, just follow the trend: try to go long with a light position when stepping back, and you can cover your position according to the situation after breaking through, so that profits can grow naturally in the continuation of the trend. Remember, the power of the trend is far greater than short-term fluctuations. Instead of worrying about whether it has risen too much, it is better to follow the trend and treat every pullback as an opportunity to confirm the trend.
The recommended strategy for gold remains unchanged: go long in the current price range of 3330-3325, stop loss 3320, target 3360
XAUUSD - $3,260 Support Level to Determine Next Directional MoveLooking at this Gold 4-hour chart, the precious metal is approaching a critical inflection point as it tests the key support zone around $3,260, which represents a confluence of previous swing lows and represents the lower boundary of the recent consolidation range. Two distinct scenarios emerge from this technical setup: first, gold could find buyers at this support level and stage a bounce back toward the $3,400 resistance area, particularly if broader market conditions favor safe-haven assets or if dollar weakness provides additional tailwinds for the metal. Alternatively, a decisive break below the $3,260 support could trigger further selling pressure and open the door for a deeper correction toward the $3,180-$3,160 zone, especially if risk appetite improves or if stronger economic data reduces demand for defensive assets. The outcome will largely depend on how price action unfolds at this crucial support level, with volume and momentum providing key clues about which scenario is more likely to play out in the near term.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD: Next Move Is Up! Long!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 3,322.70 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
GOLD
The Federal Reserve is likely to interpret the June 2025 University of Michigan (UoM) consumer sentiment and inflation expectations data as mixed but cautiously encouraging, with implications for monetary policy:
Key Data Points
Consumer Sentiment: 60.5 (vs. 53.5 forecast, prior 52.2) – a sharp rebound to the highest level since mid-2023.
What is UoM consumer sentiment? The University of Michigan Consumer Sentiment Index (MCSI), often referred to as UoM Consumer Sentiment, is a widely followed monthly survey that measures how optimistic or pessimistic American consumers feel about the overall economy and their financial situation.
Key Details:
Purpose: It measures consumer attitudes toward current and future economic conditions, including personal finances, business conditions, and purchasing intentions. Since consumer spending accounts for about 68% of the U.S. economy, the index is a valuable leading indicator of economic activity.
Methodology: The University of Michigan conducts telephone and web surveys of a representative sample of U.S. households (around 500–1000 respondents), asking about their financial health, short-term and long-term economic outlook, and expectations for inflation and interest rates.
Components:
Current Conditions Index — consumers’ assessment of the present economic situation.
Consumer Expectations Index — consumers’ outlook for the economy over the next 6–12 months.
Release Schedule: Preliminary data is released mid-month, with a final report at month-end.
Significance:
Reflects consumer confidence and spending intentions.
Helps forecast economic growth and inflation trends.
Influences financial markets and policy decisions.
Summary
The UoM Consumer Sentiment Index is a key measure of how confident consumers feel about the economy, which in turn signals their likely spending behavior and economic outlook. Higher sentiment typically suggests stronger consumer spending and economic growth, while lower sentiment indicates caution and potential economic slowdown.
1-Year Inflation Expectations: 5.1% (vs. 6.6% prior) – a significant decline, nearing pre-tariff levels.
Fed Interpretation
Improved Consumer Sentiment:
The jump to 60.5 signals renewed optimism about the economy, likely driven by reduced trade tensions (e.g., tariff pauses) and stable labor markets. This aligns with recent upward revisions to April and May sentiment data.
The Fed will view this as a sign of economic resilience, reducing the urgency for near-term rate cuts to stimulate growth.
Sharply Lower Inflation Expectations:
The drop to 5.1% (from 6.6%) aligns with the New York Fed’s May 2025 survey showing declining inflation expectations across all horizons.
This suggests consumers are growing more confident that the Fed’s policies (and tariff adjustments) are curbing price pressures, easing fears of a wage-price spiral.
Policy Implications:
Dovish Tilt Supported: Lower inflation expectations reduce the risk of entrenched price pressures, giving the Fed flexibility to cut rates later in 2025 if growth slows.
No Immediate Cuts Likely: Strong sentiment and a resilient labor market (unemployment at 4.2%) justify maintaining rates at 4.25–4.50% in July.
Focus on Tariff Risks: The Fed will remain cautious about potential inflation rebounds from Trump’s tariffs, which could add 1.5% to prices by late 2025.
Market Reactions
DXY (Dollar Index): Likely to dip modestly as lower inflation expectations boost rate-cut bets, but sentiment-driven growth optimism may limit losses. Key support at 96.891 weekly floor will be watched.
Bonds: 10-year yields may edge lower (toward 4.00%) on reduced inflation fears, though strong sentiment could cap declines.
Equities: Stocks (especially consumer-discretionary sectors) may rally on the improved economic outlook.
Conclusion
The Fed will likely view this data as validating its cautious stance: inflation expectations are cooling, but strong sentiment and labor markets argue against premature easing. A September rate cut remains the base case, contingent on continued disinflation and no tariff-driven price spikes.
(2)The Federal Reserve will interpret —Core PPI m/m: 0.1% (vs. 0.3% forecast, prior -0.2%), PPI m/m: 0.1% (vs. 0.2% forecast, prior -0.2%), and Unemployment Claims: 248K (vs. 242K forecast, prior 248K)—as further evidence of a cooling but not collapsing labor market and subdued inflation pressures.
Fed’s Likely Interpretation
1. Producer Price Index (PPI)
what is PPI? PPI stands for Producer Price Index. It is an economic indicator that measures the average change over time in the selling prices received by domestic producers for their output. Essentially, it tracks inflation at the wholesale or producer level, reflecting how prices for goods and services change before they reach consumers.
Key points about PPI:
Published monthly by the U.S. Bureau of Labor Statistics (BLS).
Measures price changes from the perspective of producers/sellers, unlike the Consumer Price Index (CPI), which measures prices from the consumer’s viewpoint.
Includes thousands of indexes across industries and product categories, covering goods and some services.
Used to forecast inflation trends and as a tool for contract escalations and economic analysis.
Often considered a leading indicator of consumer inflation since producer prices tend to influence retail prices over time.
In summary, the PPI helps gauge inflation pressures early in the production process before they
Inflation Remains Subdued: Both headline and core PPI came in below expectations, confirming that producer-side inflation pressures remain mild. This follows a period of outright declines, indicating no broad-based resurgence in input costs.
Tariff Pass-Through Still Limited: While the Fed is alert to potential tariff-driven inflation later in 2025, current PPI data shows businesses are not yet passing higher costs on to consumers in a meaningful way.
2. Unemployment Claims
Labor Market Softening: Initial jobless claims held at 248K, above expectations and at an eight-month high. The four-week moving average also rose, and continuing claims increased to 1.956 million, marking the third consecutive weekly rise. This signals a gradual loosening of the labor market, with more people remaining unemployed for longer periods.
No Immediate Crisis, But Trend Is Clear: The persistently high claims numbers are moving beyond seasonal noise and indicate a structural shift toward weaker hiring.
3. Policy Implications
Supports Dovish Shift: The combination of softer producer inflation and a weakening labor market strengthens the case for the Fed to consider rate cuts later in 2025.
No Immediate Rate Cut: The Fed is expected to keep rates unchanged at its June meeting, but this data increases the likelihood of a cut by September, especially if upcoming CPI and labor data confirm these trends.
Cautious Messaging: The Fed will remain cautious due to the risk of tariff-related inflation later in the year, but current data gives them more flexibility to pivot if growth and employment weaken further.
Conclusion
The Fed will see this data as validating a cautious, data-dependent approach: inflation is contained, and the labor market is softening. While no immediate rate cut is expected, the probability of a cut by September has increased, especially if disinflation and labor market weakness persist.
(3)The Federal Reserve will likely interpret the May 2025 CPI data as signs of moderating inflation but with persistent underlying pressures, leading to a cautious but patient policy stance:
What is cpi??? The Consumer Price Index (CPI) is a key economic indicator that measures the average change over time in the prices paid by consumers for a representative basket of goods and services. It reflects inflation as experienced by consumers in their day-to-day living expenses.
Key Points about CPI:
What it Measures: The CPI tracks price changes for a broad range of items including food and beverages, housing, apparel, transportation, medical care, recreation, education and communication, and other goods and services.
Data Collection: The Bureau of Labor Statistics (BLS) collects about 80,000 price quotes monthly from retail stores, service establishments, rental units, and doctors' offices.
Purpose: It is widely used to monitor inflation, adjust income payments like Social Security, and guide monetary policy decisions by central banks.
Calculation: CPI is a weighted average of prices, reflecting consumer spending patterns, and is updated periodically to account for changes in consumption habits.
Inflation Indicator: The annual percentage change in CPI is a common measure of inflation, indicating how much prices have increased or decreased over a year.
Summary
CPI provides a snapshot of how much prices for everyday goods and services are rising or falling, helping policymakers, businesses, and consumers understand inflation trends and make informed decisions.
The headline CPI rose 0.1% month-over-month, less than the 0.2% expected and down from April’s 0.2% increase, indicating a slowdown in price growth.
The year-over-year CPI increased 2.4%, slightly above April’s 2.3%, but still close to the Fed’s 2% target, showing inflation is near but not fully anchored.
The core CPI (excluding food and energy) rose 0.1% MoM, below the 0.3% forecast and April’s 0.2%, suggesting easing price pressures in most sectors except shelter and some services.
Shelter costs rose 0.3% in May and remain a key driver of inflation, while energy prices declined 1.0%, helping to temper headline inflation.
The Fed will note that tariffs imposed by the Trump administration have not yet significantly pushed up consumer prices, but remain a risk factor that could elevate inflation later in 2025.
Labor market data remain resilient, with unemployment steady at 4.2% and moderate job growth, supporting economic strength but complicating the Fed’s inflation fight.
Policy Implications:
The Fed is expected to hold interest rates steady at 4.25–4.50% in its upcoming June meeting, maintaining a "wait-and-see" approach to assess how tariffs and inflation evolve.
Markets have limited expectations of a rate cut this month but the price in a ~75% chance of a cut by September, contingent on further inflation easing and labor market developments.
The Fed will remain cautious about premature easing given inflation’s stickiness in services and potential tariff pass-through, but the data support a gradual path toward rate cuts later in 2025 if disinflation continues.
In summary: The Fed will see May’s CPI data as encouraging but not definitive evidence of inflation control, justifying a cautious hold on rates in June while preparing markets for possible easing later this year if inflation and labor data continue to improve.
(4)The Federal Reserve will interpret the May 2025 labor market data—Non-Farm Employment Change of 139K (above the 126K forecast), Unemployment Rate steady at 4.2%, and Average Hourly Earnings up 0.4% MoM (above the 0.3% forecast)—as evidence of a resilient but slowing labor market, which supports a cautious approach to monetary policy.
Detailed Interpretation:
Employment Growth Slightly Above Expectations
The addition of 139,000 jobs, exceeding the forecast of 126,000, indicates that job creation continues.
Growth is uneven across sectors, with healthcare and leisure showing strength while government and trade-related sectors have seen declines, reflecting ongoing structural adjustments and policy uncertainties.
Unchanged Unemployment Rate at 4.2%
The stable unemployment rate suggests that the labor market remains relatively tight, consistent with "maximum employment" goals.
However, underlying data show some signs of weakening, such as rising initial jobless claims in late May, which the Fed will monitor closely.
Wage Growth Accelerates Slightly
Average hourly earnings rose by 0.4% MoM, above expectations, signaling persistent wage pressures that can feed into inflation.
Year-over-year wage growth ticked up to 3.9%, reinforcing concerns about labor cost-driven inflation.
Overall Fed View
The Fed sees the labor market as a relative bright spot amid broader economic uncertainties, including trade tensions and slowing GDP growth.
The data suggest the economy is slowing but not collapsing, allowing the Fed to maintain a cautious, data-dependent stance.
Given persistent wage growth and resilient employment, the Fed is likely to hold interest rates steady at the upcoming meetings but remains open to cuts later in 2025 if labor market softness intensifies and inflation continues to moderate.
Conclusion
The Fed will likely interpret this labor market report as supporting a steady policy stance in the near term, balancing ongoing inflation concerns from wage growth against signs of slowing employment gains. Rate cuts remain on the table for later in 2025, contingent on further labor market weakening and sustained inflation declines..
Summary of the three economic data leads the rate hold for now, but cut likely any time soon on the data approach.
#gold #dollar
GOLD - TIME TO DIGGING GOLDTeam, we do not often trade gold, but when we do, we kill them
I have been waiting for a few days for my entry-level setup.
Please follow the strategy and structure below
Target 1 - take 50% volume
Target 2 - take 30%
Target 3 - all your
WITH RISK management, make sure once it hits 1st target, bring stop loss to BE
I look forward to killing GOLD together.
If you see my videos, 95% of my target is always hit.
Please NOTE: i still hold my short UK100/FTSE100 and AUS200 as well.. This week, we should hit our target for both.
GOLD (XAUUSD): Waiting For Another Breakout
Following the latest news, I think you would agree with me that
Gold will most likely rise more.
Your technical confirmation can be a bullish breakout of the underlined
blue resistance and a daily candle close above 3435.
It will be an important trigger that will push the prices way up to a current ATH.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold: surged amid Middle East unrestThe newly emerged Middle East tensions pushed investors back into gold, as a safe-haven asset. The price of gold started the previous week in a relatively calm mood, however, the geopolitical tensions pushed the price of gold toward new highs, reaching the level of $3.443 shortly on Friday trading session, however, is ending the week modestly lower, at $3.432. The all time highest level stays close to current levels at $3.497, reached April 22nd this year. Analysts from Goldman Sachs revised their forecast for the price of gold to $3.700 at the end of this year, and $4K for the next year. The rationale for a revision was a strong demand for gold coming from central banks.
The RSI took the uptrend during the week, ending it at the level of 61 on Friday. At this moment on charts, it seems like investors are eyeing the overbought market side for one more time. The MA50 continues to be the supporting line for the price of gold. Both MA50 and MA200 continue to move as two parallel lines with an uptrend, without an indication that the course might be changed anytime soon.
As long as geopolitical tensions are making investors unrest, the price of gold will head toward the upside. The uncertainty is driving the demand for safe-haven assets. However, charts are pointing to the possibility of a short term reversal for the price of gold. It should not expect some significant reversal, but rather till the level of $3.380. Also, the current level at $3.430 is the one to watch, considering that the same highs gold reached at the beginning of May and around 20th of April this year. In case that current level is pushed toward the upside, then it should be expected that the price of gold will reach a new all time highest level in the coming period. It should also be considered that the FOMC meeting is scheduled for Wednesday, next week, which might imply some higher volatility. It is not expected that the Fed will cut interest rates, but investors are set to hear the Feds view on macroeconomic projections.
Gold fluctuates repeatedly, hiding great opportunities!After the opening of gold today, the bulls and bears played fiercely. In the early trading, it fell to 3293 and received temporary support, then stabilized and rebounded. It broke through the high point of 3320 in the Asian session and continued to rise above 3330. However, the price was under obvious pressure near 3330, and the momentum indicators (MACD, RSI) showed a top divergence at the same time, reflecting the exhaustion of bullish momentum and limited short-term upside space.
From the technical structure, gold has effectively fallen below the middle track support of the H4 cycle, and at the same time lost the upward trend line built since the low point in June. The two breakout positions are highly overlapped, constituting an obvious technical weakening signal. The current trend is trapped in the key resistance suppression area, and it is expected to enter a high-level shock and weakening stage.
The operation suggestions are as follows:
🔸Strategy direction: short-term thinking
🔸Entry area: 3335–3345 range
🔸Defense reference: stop loss above 3350
🔸Target expectation: look down to 3305, break to 3293 or even 3280 near the extension support
In terms of fundamentals, the US dollar index is under short-term pressure, mainly due to the decline in the US fiscal outlook and US Treasury yields; but the non-agricultural data boosted economic resilience, which cooled the market's expectations for a rapid rate cut this year, restricting the rebound space of gold prices. Although risk aversion has support, it has not yet become a dominant driver. The current market sentiment remains cautiously neutral.
Overall judgment: The short-term rebound of gold prices is limited, and the short-term trend is gradually released after the structural break. It is recommended to follow the trend and go high, control risks, and steadily execute trading plans.