DeGRAM | GOLD forming the ascending wedge📊 Technical Analysis
● Price is coiling inside an ascending flag that is riding the new support line at 3 342; flag range compression after each pull-back signals energy for a thrust.
● The pattern sits above the old channel roof, turning the former resistance into a launch pad; measured move of the flag points to the next confluence at 3 435.
💡 Fundamental Analysis
● US jobless claims ticked up while 10-yr yields slipped under 4.30 %; lower carry costs and renewed Chinese reserve buying reported by Reuters keep dip-buyers active in bullion.
✨ Summary
Buy 3 330-3 350; flag break targets 3 435, stretch 3 500. Invalidate on a 4 h close < 3 245.
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GOLD trade ideas
XAUUSD: +1500 TO +2200 PIPS Major Swing Move in Making, Two AreaThe first day of the trading week has seen Gold skyrocket, clearly indicating a bullish price direction. Our recent analyses had clearly shown this, and the volume confirms further bullish momentum. Additionally, the NFP news this Friday will be a trend changer, regardless of its positive or negative impact on the USD.
There are two potential take-profit targets. Before taking entry, please conduct your own analysis.
Good luck and trade safely,
Team Setupsfx_
Gold Testing Channel Resistance – Bearish Reversal Expected Gold (XAU/USD) – 4-Hour Time Frame Analysis
Gold is trading within an upward parallel channel on the 4-hour chart, with price action consistently respecting both the support and resistance boundaries of the formation.
At present, Gold is approaching the upper boundary of the channel, currently trading around 3425, indicating a key resistance zone. A rejection from this level is anticipated, which could initiate a corrective move to the downside.
Entry 3425 (Resistance Zone)
Target 3340 (Support Zone)
Stop-Loss 3451
The technical setup favors a short position, with a favorable risk-to-reward ratio if the resistance holds. Traders are advised to monitor for confirmation signals before entry.
Bearish bias below 3451, with potential downside toward 3340.
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD Has follow ascending channel bullish now from supportXAUUSD Market Update
Gold is currently respecting the ascending channel and showing strong bullish momentum from the key demand zone at 3390.
📈 Technical Outlook (4H Timeframe):
✅ Holding firm within bullish structure
🎯 First target: 3490 – major resistance level ahead
💡 Watching closely for breakout confirmation or pullback opportunities.
📌 Trade smart. Stay informed.
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XAUUSD 1H – Major Trendline Rejection | Sell NowGold has tapped into a long-term descending trendline and key resistance zone. This confluence is paired with sharp 1H rejection and bearish structure forming.
• 🔻 Price reacting cleanly to long-term descending trendline
• 📍 Double confluence: horizontal resistance + bearish wick rejections
• 🧭 1H structure showing lower highs forming
• 📉 Target zone: 3346
• 🛑 SL: Above 3396 (last high and structure break level)
Sell now — clean rejection from HTF trendline and resistance zone could trigger bearish continuation toward the next support.
XAU/USD: Ushering in a Critical Node of Long-Short GameYesterday, while CPI data boosted gold, the Middle East situation remained on the brink of explosion.
The regional tensions in the Middle East have escalated sharply. Religious differences and historical disputes have deepened the contradictions between the two nations, while the nuclear issue has further intensified the conflict. Iran insists its nuclear program is for peaceful purposes, but Israel has long alleged that Iran is secretly developing nuclear weapons, posing a significant threat to Israel's national security.
Recently, CBS News cited U.S. sources reporting that Israel is fully prepared to launch military operations against Iran. If Israel strikes Iran, Iran will inevitably fight back, potentially igniting all-out war in the Middle East. As a major global oil-producing region, turmoil in the Middle East will inevitably trigger sharp fluctuations in international oil prices, thereby impacting the global economy and drastically escalating market risk aversion.
Against this backdrop, gold, as a traditional safe-haven asset, has been hotly pursued by investors. Given that the current tension between Israel and Iran far exceeds previous levels, if all-out war breaks out, gold's safe-haven properties will be further activated, with prices likely to break through previous highs and continue to rise sharply. However, if the situation is controlled or eased in the short term, gold prices may drop rapidly as risk aversion subsides.
After breaking through the resistance of the narrow range at $3,350 and hitting $3,360 yesterday, gold prices pulled back to around $3,320. The current trading range is $3,330 - $3,380.
With the recent stable breakout, shorting is not advisable for now. The optimal strategy is to go long on pullbacks.
XAU/USD
buy@3340-3350
tp:3370-3380-3400
sl:3320
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Analysis of the latest gold market trend on June 11:
1. Analysis of gold news
China-US trade negotiations ease risk aversion
The second round of China-US trade negotiations was held in London. Both sides released "constructive" signals. The market expects that tariff policies may be further eased, weakening the safe-haven demand for gold.
U.S. Treasury Secretary Bensont called the talks "good" and Commerce Secretary Lutnick described the discussions as "fruitful". The market is cautiously optimistic about the negotiations, and gold is under pressure to fall.
The trend of the US dollar and the impact of the Fed's policies
The US dollar index has recently fluctuated in the range of 99-102. If it strengthens further (such as breaking through 102), it may suppress gold prices; on the contrary, if it falls below 99, gold may stabilize and rebound.
The Fed may keep interest rates unchanged at its June meeting. The market expects a high probability of a rate cut before September, but if the US economic data is strong (such as non-farm employment exceeding expectations), the rate cut may be postponed, which is bearish for gold.
Central bank gold purchases slowed down, but long-term support remains
The People's Bank of China increased its gold holdings by 60,000 ounces in May, with a slower growth rate than in previous months. Short-term support for gold prices weakened, but the long-term trend of de-dollarization still supports gold demand.
2. Technical analysis of gold
Short-term oscillating downward trend
Gold prices hit 3348 and then fell back, failing to stand firm at 3345 resistance, indicating that bears still have the upper hand.
The 1-hour chart shows a oscillating downward trend, with 3345-3355 constituting strong resistance and 3300-3310 as key support. If it falls below 3300, it may accelerate to the 3280-3250 range.
Key support and resistance
Upper resistance: 3345-3355 (suppression by yesterday's high and trend line)
Lower support: 3300-3310 (psychological barrier and 30-day moving average), if it falls below, look at 3280-3250.
Operation strategy
Short-term short orders: If the price rebounds to the range of 3345-3355, you can try to short sell, with a target of 3310-3300.
Short-term long orders: If the support of 3300 is effective, you can buy with a light position to rebound and rise, with a target of 3320-3330.
Trend trading: If it falls below 3300, you can follow up with short orders, with a target of 3280-3250.
3. Outlook for the future
Short-term range: Gold prices may fluctuate in the range of 3200-3400, affected by the Fed's policy expectations, the trend of the US dollar and the geopolitical situation.
Medium- to long-term: If the Fed starts a rate cut cycle or geopolitical risks escalate (such as the deterioration of the situation in the Middle East), gold may hit the high point of 3400-3500 again.
Conclusion: Today, gold is mainly shorted on rebound, with attention paid to the resistance of 3345-3355, and the target below is 3310-3300. If it falls below, a deeper correction will be seen.
Gold Holds Structure – Bulls Eye Recovery Toward Key ResistanceHey Traders:
Gold ( OANDA:XAUUSD ) has maintained its bullish market structure despite recent pullbacks. We are currently sitting on a significant horizontal and trendline support area, where buyers have previously stepped in. This presents a potential opportunity for a bullish continuation if price holds and confirms at this zone.
Current Market Conditions:
Price is holding above a confluence zone of horizontal support and the lower bound of the ascending channel.
Recent rejection from the 3,320–3,325 area shows this level acting as a decision point.
Bullish engulfing candle forming at this level may indicate renewed buying momentum.
An internal ascending structure remains intact, pointing to the potential for a rebound.
Fundamental Analysis/Outlook:
Gold & Stocks Both Nearing All-Time Highs
Gold futures are up ~27% year-to-date and are trading near record prices alongside the S&P 500—a rare occurrence that reflects a market split between optimism (equities) and caution (gold). This dynamic is fueled by dovish Fed expectations, inflation fears, and structural concerns like a weakening U.S. dollar and rising deficits
U.S.–China Trade Talks Support Gold
Spot gold inched higher ahead of high-stakes U.S.–China trade discussions in London. These talks reduce global inflation pressure but also retain volatility due to ongoing geopolitical uncertainty. Any de-escalation could relieve gold's recent rally, while a breakdown could act as a catalyst for further upside.
Targets:
TP1: 3,336
TP2: 3,344
TP3: 3,349
Risk Management:
Stop-Loss: Below 3,323 (just under structure support)
Ensure risk-to-reward ratio of at least 1:2.
Wait for bullish confirmation before entering, such as a strong breakout candle or retest-and-reject pattern.
Technical Outlook:
The chart shows price holding at a key support, within a bullish channel.
Market structure remains bullish on intraday timeframes.
A potential inverse head-and-shoulders formation or wedge breakout may be developing.
Entry on breakout and retest above 3,326 resistance zone would be ideal.
Conclusion:
As long as price continues to respect the current support zone and structure, XAUUSD holds potential for a bullish continuation. Watch for confirmation, manage risk, and trade with precision.
Sign-off:
"Opportunities multiply as they are seized. Trust the structure, not your emotions."
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GOLD Relationship Between Gold, Dollar (DXY), Bond Prices, and 10-Year Bond Yields
1. Gold and the Dollar (DXY)
Gold is priced in U.S. dollars, so there is a strong inverse relationship between gold prices and the dollar index (DXY).
When the DXY strengthens, gold becomes more expensive for holders of other currencies, reducing demand and pushing gold prices down.
Recently, gold prices dipped about 0.4% to around $3,294/oz as the DXY shed 0.3%, reflecting a cautious market awaiting U.S.-China trade talks and reacting to stronger U.S. jobs data that tempered expectations of Fed rate cuts.
2. Gold and 10-Year Bond Yields
The 10-year U.S. Treasury yield and gold generally have an inverse relationship. Rising yields increase the opportunity cost of holding non-yielding gold, making bonds more attractive.
However, both gold and bond yields can rise simultaneously during inflationary periods or economic uncertainty, reflecting inflation expectations and safe-haven demand.
Recent data shows yields near 4.5%, with gold holding elevated levels above $3,300 and attempted 3328 before dropping due to inflation concerns and geopolitical risks, despite some downward pressure from rising yields.
3. Gold and Bond Prices
Bond prices move inversely to yields; when yields rise, bond prices fall.
Falling bond prices (rising yields) often signal inflation or risk concerns, which can boost gold as an inflation hedge.
Yet, rising yields also raise the opportunity cost of holding gold, which can cap gold’s upside. This dynamic explains why the correlation between gold and bond yields has weakened recently, sometimes showing near-zero correlation .
4. Macro and Market Drivers
Inflation and Safe-Haven Demand: Persistent inflation and geopolitical tensions (e.g., U.S.-China trade talks) support gold demand despite dollar strength and rising yields.
Central Bank Buying: Central banks remain significant gold buyers, underpinning long-term price support.
Economic Data and Fed Policy: Strong U.S. jobs reports reduce expectations of Fed rate cuts, pushing yields up and dollar strength, which can pressure gold short term.
Conclusion
Gold prices in June 2025 are influenced by a complex interplay of factors: a slightly weaker dollar recently has supported gold, but rising 10-year Treasury yields and falling bond prices exert downward pressure. Inflation concerns and geopolitical risks continue to underpin gold’s appeal as a safe haven and inflation hedge. The usual inverse relationship between gold and bond yields has weakened recently, reflecting evolving market dynamics and the balance between inflation expectations and real yields.
#gold #dollar
Gold M-top & trade bearish, focus $3330-$3340.Looking back at last week's trend, after the price hit a high on Monday, it remained range-bound from Tuesday to Thursday, and closed with a sharp decline on Friday, forming an M-top pattern in technical terms.
This week's focus is on the high-level China-US trade negotiations held in London. Market expectations are that the negotiations will proceed smoothly, and this optimistic sentiment is bearish for gold. Combining technical and fundamental analysis, gold remains bearish today. It is recommended to pay attention to shorting opportunities in the rebound range of $3,330-$3,340.
XAUUSD
sell@3330-3340
tp:3300-3290
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
ELLIOT WAVEOANDA:XAUUSD 4 HOUR
**According to the Elliott Wave theory, the ongoing pattern appears to be a double correction. Wave 3 of {Y} has been completed, and Wave 4 is currently in progress. A potential buying opportunity may arise between the levels of 3360 and 3350. **
**However, if gold breaks below the 3350 level, further downside movement is expected, with the next support zone likely between 3315 and 3297. **
**Furthermore, if gold breaks the critical level of 3250, it may extend its decline toward the 3215–3197 range.**
Long profit-taking,how to position gold before unemployment data📰 Impact of news:
1. Pay attention to the initial unemployment claims data
📈 Market analysis:
After being pulled down, the gold price quickly rebounded to around 3385, and the RSI showed a V-shaped reversal. It is not recommended to chase the rise at present. In the short term, pay attention to the upper resistance area of 3385-3395. If the gold price effectively breaks through this resistance area, it is expected to touch the 3400-3410 line. On the contrary, it encounters resistance and pressure at the 3385-3395 line, and may retreat to the 3370-3360 line in the short term.
🏅 Trading strategies:
SELL 3385-3395
TP 3370-3360
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
Gold Weekly Chart May Form a Mid-Term Bearish Pattern (3142)Gold faced resistance near 3338 and has pulled back,
but the 2-hour chart still suggests that the rebound isn’t over yet, with short-term targets at 3340–3350.
—
📌 For Long Position Holders:
If you're stuck in long positions, consider adding near 3326–3316 support
to average down the cost and prepare for an exit on the next rebound.
⚠️ However, be mindful of your account risk —
If your position is deeply in the red or the account is under pressure, closing out early might be the smarter move.
—
📅 Key Focus This Week: Weekly Chart Signals Critical
🔸 Price is currently testing weekly MA10 — a break below it would target MA20 around 3142
🔸 On the daily chart, MA60 is at 3234, and if support near 3388 breaks,
combined with weak rebound volume, a bearish trend could be confirmed.
In that case, even the 3273 support may fail under bearish momentum.
—
📣 Bottom Line: The bullish setup isn’t invalidated yet,
but caution is crucial when trading long —
📉 If momentum fades, adjust your strategy quickly to protect capital.
Gold within my mentioned rangeTechnical analysis: Gold is Trading within my projected zones as I will constantly monitor the situation and will await for confirmation of a break-out or Trading my key reversal zones (either below the Hourly 4 chart’s Support or Daily chart Resistance). That is the plan and it is my belief that it is the most viable one to get the most of the current Price-action as I will continue Scalping (Swing orders not possible under such market setting). I still don’t have entry confirmation as Technically Gold is Trading on Ascending Channel but isolated within Rising Wedge, however both correlating assets are Trading on disappointing numbers so Bullish trend (spikes to the upside) are here to stay.
My position: So far I have Buy and Sell limits which are working greatly so far. I have Sold Gold throughout yesterday’s session from #3,348.80 and added more Selling orders on #3,337.80 break-out to the downside which delivered decent Profit.
Gold’s Week Ahead: Structure, Scenarios, and What to WatchChart Overview:
Gold (XAU/USD) is at a critical juncture. The recent action shows a completed three-wave correction, and price is now setting up for what could be a powerful motive wave. My primary scenario is a bullish move once the current structure matures, but I’m also tracking alternate counts—flat, triangle, and double zigzag—all of which still point to at least one more push higher.
Why This Count?
The leading diagonal (5-3-5-3-5 or 3-3-3-3-3) for wave 1 fits the textbook, with wave 4 overlapping wave 1—a classic Elliott Wave signature.
The three-wave correction appears complete, which often signals the start of a new impulsive sequence.
I’m watching for confirmation: a completed corrective pattern and a strong move off the lows.
What’s Next?
If the correction finishes and price holds above the wave 1 low, I’ll be looking for a long setup targeting the 100% or 1.618 extension of wave 1.
Invalidation is simple: if the wave 1 low breaks, the count is off and I’ll reassess.
I’ll wait for structure to complete before entering—patience is key.
GOLD - WAVE 4 CORRECTION TO $2,800 (UPDATE)If you remember on my last analysis I said we need to see Gold surpass $3,400 & CLOSE ABOVE the 0.365% zone, in order to confirm strong bullish intent. Otherwise, we’ll see a melt back down. Market didn’t close in the orange 0.365% zone, which of course led to a sell off on Thursday & Friday.
However, we still remain in bullish territory on an internal structure, as long as Gold is above $3,246 so let’s see who takes the reign!
The key resistance zone shows obvious suppression.Spot gold continued its upward trend, with the intraday high reaching $3,398.55 per ounce, hitting a new weekly high. This rally was not only boosted by the lower-than-expected U.S. inflation data but also closely related to the sharp escalation of geopolitical tensions in the Middle East. Investors' expectations for a Federal Reserve rate cut in September have intensified, and the risk of potential conflicts in the Middle East are jointly driving a surge in demand for gold as a safe-haven asset. Affected by the moderate inflation data, the U.S. Dollar Index fell 0.4% on Wednesday, and in the early Asian session on Thursday, it dropped to 98.42, a new one-week low, nearing the six-week low of 98.35 set last week. The weakening U.S. dollar provided additional support for gold prices, as gold is priced in U.S. dollars, and a depreciating dollar typically pushes up gold prices. Meanwhile, after falling due to tariff shocks in the spring, U.S. stocks have gradually recovered, but uncertainties about the details of trade agreements have kept market volatility alive. The decline in U.S. Treasury yields has also created a favorable environment for rising gold prices. Focus on the resistance at the $3,400 level. Currently, the bullish momentum has not broken through this key resistance zone, and the technicals conform to the logic of "washing the market with a prior rise followed by a fall". In terms of operation, it is recommended to try shorting when resistance is encountered below $3,400. In the short term, observe the rebound momentum of gold prices. If it fails to effectively break through the $3,400 resistance area, seize the opportunity for shorting at highs.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
sell@3400-3390
TP:3370-3360
Gold contained within a 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.