Gold Weekly Summary and Prediction 6/8/2025In my last week's post, I mentioned that gold would potentially form an inverse head and shoulder pattern. In deed, the structure has been formed after last week's closing above 3300. In daily we also noticed that the trendline structure has been broken. Currently price is retesting the trendline. If daily candle respects the trendline, we would see a strong pushing on the price towards another ATH.
For next week's trading plan, I will closely monitor the trendline and 3280-3300 support. As long as this support holds, I am bullish on gold.
GOLD trade ideas
GOLD recovers to $3,371, biggest data day of the weekOANDA:XAUUSD maintained its intraday recovery trend and the current gold price is around 3,371 USD/ounce, retesting the initial target increase sent to readers in the weekly publication. In this trading day, investors will focus on the US non-farm payroll data, which is expected to trigger major market movements.
Today (Friday), the US Bureau of Labor Statistics will release the highly anticipated non-farm payroll data for May. The market expects 130,000 new jobs and the unemployment rate to remain unchanged at 4.2%.
On Wednesday, the ADP jobs report, also known as the “mini-non-farm,” showed the smallest number of jobs created by the U.S. private sector in two years. The report could be a precursor to a negative non-farm payrolls report.
Payroll processor ADP reported on Wednesday that private sector payrolls increased by just 37,000 in May, down from a revised 60,000 in April and below the Dow Jones forecast of 110,000. It was the smallest monthly job gain since March 2023, according to ADP.
The U.S. Department of Labor reported on Thursday that initial jobless claims unexpectedly rose last week as concerns about the labor market mounted. The data showed initial jobless claims hit 247,000 in the week ended May 31, up 8,000 from the previous week and above the 236,000 expected in a Dow Jones survey.
If non-farm payrolls data released today is much worse than expected, it could weigh on the U.S. dollar and send gold prices soaring.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, after making a fresh weekly high and correcting lower yesterday, gold has recovered to reach its initial target at $3,371, the price point of the 0.236% Fibonacci retracement.
Following the uptrend, gold is likely to head towards the full price point of $3,400 in the short term, rather than $3,435.
Currently, the technical structure has not changed much with the uptrend completely dominating the technical chart. And the notable price points will also be listed as follows.
Support: 3,350 – 3,326 – 3,300USD
Resistance: 3,400 – 3,435USD
SELL XAUUSD PRICE 3412 - 3410⚡️
↠↠ Stop Loss 3416
→Take Profit 1 3404
↨
→Take Profit 2 3398
BUY XAUUSD PRICE 3301 - 3303⚡️
↠↠ Stop Loss 3297
→Take Profit 1 3309
↨
→Take Profit 2 3315
Hanzo / Gold 15m Path ( Confirmed Bearih Reversal Zone )🔥 GOLD – 15 Min Scalping Analysis (Bearish Setup)
Bias: Waiting For Break Out
Time Frame: 15 Min
Entry Type: Confirmed Entry After Break Out
👌Bearish Reversal : 3362
☄️ Hanzo Protocol: Dual-Direction Entry Intel
➕ Zone Activated: Strategic Reaction from Refined Liquidity Layer
Marked volatility from a high-precision supply/demand zone. System detects potential for both long and short operations.
🩸 Momentum Signature Detected:
Displacement candle confirms directional intent — AI pattern scan active.
— If upward: Bullish momentum burst.
— If downward: Aggressive bearish rejection.
💯 Market Zone: Transition Phase
Asset in premium-to-discount (or vice versa) range — valid for both reversal and continuation trades. Execute with precision.
Hanzo / Gold 15m Path ( Confirmed Breakout Zones )
GOLD MONDAY RANGE IS IN PLAYCurrently, price is trading within Monday’s range. I expect it to first target the Monday midpoint, followed by a potential move toward the Monday low. If price breaks below the midpoint but then reclaims it, I may consider closing the position manually. My invalidation level for this trade is a break above Monday’s high.
This setup is one of my favorite strategies—when price remains inside Monday’s range, I like to trade it as a "ping-pong" setup until proven wrong. The chart should make the idea clear, but feel free to ask if you have any questions. Follow for more trading setups and insights
XAUUSD Daily Outlook — Monday, June 2, 2025“Compression in Premium: Is Gold Building for the Drop?”
👋 traders — let’s prepare the battlefield.
Gold continues to range inside a tight compression box just under the May High. The current daily structure is showing clear signs of distribution inside premium, with multiple failed attempts to break higher. Each upside wick has been absorbed near 3328–3350, and price is now hovering just above key support near EMA50 + PNL (3228–3232).
This setup is classic: lower highs + equal lows + trapped liquidity = imminent breakout. We now anticipate either a clean breakdown below support, or one final inducement wick before the move begins.
🔹 Daily Structure Breakdown
Structure Element Status
Market Bias 📉 Bearish short-term (distribution signs)
Trend Sideways in premium, LH forming
Current Price ~3289 USD
April ATH 3500 (untouched since)
Last CHoCH/BOS BOS confirmed early May → bullish, but no follow-through
Current Setup Range-bound inside lower high, testing OB support
🔹 Refined Daily Zones
📍 Zone Type Key Levels What to Watch
🔺 Rejection Zone #1 3328 – 3342 Daily supply + previous bearish wick zone. Watch for rejection or inducement spike.
🔹 Key Support Zone 3232 – 3228 PNL + EMA50 cluster. Critical line — a clean break opens downside continuation.
🔹 Demand Block 3190 – 3180 Micro OB from May low. If support fails, this is the next magnet.
🔻 Breakdown Target 3044 Unfilled imbalance + clean demand zone from April breakout leg.
🔹 EMA & Momentum Check
✅ EMA 5/21/50: Still aligned bullish
⚠️ Price is sitting on top of EMA50 → breakdown threat if today's candle closes below 3228
RSI likely showing divergence — lower highs in price, weakening momentum
🔹 Daily Bias & Scenarios
📉 Bearish Bias below 3328
✅ Compression inside premium = expect breakout
🎯 Target 1: 3190 | 🎯 Target 2: 3044
❗ Bullish continuation only valid above 3342 with strong PA
🧠 Strategy Plan for Monday:
Sell Setup:
If price retests 3328–3342 early → watch for rejection → short toward 3190
Breakdown Setup:
Clean close below 3228 → open short continuation toward 3180
Buy Setup:
Only valid on deep retracement into 3180 with strong rejection + M15 structure shift
OR bullish breakout and hold above 3342 → target retest of May high
💬 Final Thoughts from GoldFxMinds:
Gold is compressing just below premium rejection — exactly where smart money distribution begins. This is not the moment to long blindly. Let the market show its hand — either break support, or spike into one final trap before dropping.
Trade with structure. Not emotion.
💡 Found this helpful?
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💬 Drop a LIKE if you’re prepared to let the trap trigger before you react
👇 Comment below: Will gold hold 3228 or flush into 3190 this week?
Let’s start June with clarity and control.
— GoldFxMinds
GOLD → Consolidation before a strong move...FX:XAUUSD is consolidating after a false breakout of resistance at 3365, awaiting economic data. The metal remains attractive to investors amid the economic crisis.
Gold is supported by the weakening dollar amid increased trade risks. Today, US tariffs on steel and aluminum come into force, and Trump's ultimatum to trading partners expires. Investors are also awaiting news of a possible meeting between Trump and Xi Jinping amid new accusations against China. The focus is on key employment data (ADP) and the ISM services index, which could influence the dollar and expectations for the Fed's actions.
Technically, the market may test the 3323 liquidity zone before continuing its growth.
Resistance levels: 3365, 3391
Support levels: 3345, 3323, 3303
Overall, both the global and local trends are bullish, with the price forming a local correction after a false breakout of resistance. If the bulls hold their ground above 3323-3345 after retesting support, growth may continue in the short to medium term.
Best regards, R. Linda!
goldhello everyone, gold has reached the support trendline, the price will likely correct to following resistance area as shown, price is still in downtrend direction but next week can show correction on bullish side.. weekly to 4hr tf, in 4hr corrected to support trend line, the price is still in uptrend direction at the moment the price corrected in htf due to nfp news...
good luck
xauusd weekly analysis
**XAU/USD Weekly Analysis**
*(June 2-13, 2025)*
---
### **LAST WEEK'S PERFORMANCE (June 2-6)**
**Price Action:**
- Weekly decline: **~2%**
- Key levels:
- Resistance: $3,355–$3,381 (61.8% Fibo)
- Support: $3,272–$3,288 (38.2% Fibo)
- Range: $3,291.50 (low) to $3,365 (high)
- Close: Near $3,310–$3,316
**Key Drivers:**
1. **USD Strength**: Fiscal concerns (Senate tax bill debate adding $3.8T debt)
2. **Reduced Safe-Haven Demand**: Trump delayed EU tariffs to July 9
3. **Central Bank Caution**: Market awaited ECB/BoC decisions and U.S. jobs data
---
### **NEXT WEEK OUTLOOK (June 9-13)**
**Critical Technical Levels:**
| **Support** | **Resistance** |
|-------------------|-------------------|
| $3,272–$3,288 | $3,370–$3,375 |
| $3,295 (SMA) | $3,381 (Key Breakout) |
| $3,210–$3,214 | $3,400–$3,434 |
**Fundamental Catalysts:**
1. **Central Banks**:
- ECB Decision (June 12) → Dovish stance = USD strength
- BoC Decision (June 11) → Rate cuts may boost USD
2. **U.S. Data**:
- Non-Farm Payrolls (June 13) → Strong data = fewer Fed rate cuts
3. **Geopolitical Risks**:
- Escalations in Ukraine/Middle East → Safe-haven demand
4. **U.S. Fiscal Policy**: Senate vote on $3.8T tax bill
**Market Sentiment:**
- **Bullish Case**: Break above $3,381 targets $3,500–$3,800
- **Bearish Risks**: Breakdown below $3,272 risks drop to $3,160
---
### **TRADING STRATEGY**
**Key Approaches:**
- **🔺 Long Setup**:
- Entry: Above $3,381
- Target: $3,500
- Stop-loss: $3,320
- **🔻 Short Setup**:
- Entry: Below $3,272
- Target: $3,210
- Stop-loss: $3,310
- **Event Hedging**: Use options around ECB/BoC/NFP events
**Risk Management Note:**
> "Gold's trajectory hinges on USD dynamics and central bank guidance. A weekly close above $3,381 confirms bull trend resumption."
---
### **KEY EVENTS CALENDAR**
| Date | Event | Impact Level |
|------------|---------------------------|--------------|
| June 11 | Bank of Canada Rate Decision | High |
| June 12 | ECB Rate Decision | High |
| June 13 | US Non-Farm Payrolls | Very High |
| Mid-week | US Senate Tax Bill Vote | Moderate-High|
---
**Conclusion:**
Next week presents a binary setup for XAU/USD:
- Break above **$3,381** opens path to $3,500+
- Failure to hold **$3,272** risks correction to $3,210
Prioritize risk management during high-impact events. The long-term uptrend remains intact but short-term direction depends on USD and central bank policy.
for intra day traders and scalpers follow the range zone
Beware of fake gold price rises and real falls
📊Technical aspects
International gold rebounded from the bottom on Wednesday and closed up strongly again. On Wednesday morning, the gold price fell to 3345 and then rebounded quickly.
During the Asian session, the gold price reached 3370 and then fluctuated downward. In the afternoon session, the gold price reached 3350 and then fluctuated upward. During the European session, the gold price reached 3365 and then expanded the intraday decline.
On the eve of the opening of the US session, the gold price reached 3340 and then rebounded. During the US session, the gold price expanded the intraday increase and reached 3385 before a slight decline.
The number of ADP employment in the United States in May was 37,000, which was 110,000 lower than the market expectation and the previous value was 62,000.
Data is lower than expected, gold is rising? As far as gold is concerned, it is only in a wide range of fluctuations and there is still no clear direction.
Through the above trend, we can clearly recognize that gold has insufficient upward momentum. Gold can no longer meet the current short-term profit, and there is no need to deliberately pursue it. Our most important goal is to seize the market of 100-200 US dollars.
💰 Strategy Package
Short Position:3375-3380
XAUUSD: Bouncing off a former Resistance now turned Support.Gold is marginally bullish on its 1D technical outlook (RSI = 56.013, MACD = 32.440, ADX = 32.924) as it made a much needed pullback to test the former LH trendline. This is a Resistance turned Support trendline and as the 4H MA50 holds, we expect the breakout to extend to +7.39% from the bottom. TP = 3,485.
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Gold Is Likely to Break Below 3300 SoonYesterday, gold rallied up to near 3400 before pulling back, just as we had anticipated. We've repeatedly emphasized that 3400 is a strong resistance level, and those who followed through with short positions likely saw impressive profits.
Today, after a sharp drop, gold has rebounded again and is fluctuating near resistance. Support lies at 3352, and if that breaks, the next downside target is around 3333, followed by a possible move to fill the gap between 3300–3289.
🔍 Trading Logic:
There's still significant selling pressure above 3300, with the gap remaining unfilled.
Once the gap is filled, bulls may regain confidence to push higher — though they still face dense resistance above.
📌 Clear Profit Opportunities:
✅ Short toward the 3289 gap fill
✅ After the gap is filled, consider buying into the bullish rebound
The setup is clear — the key now is timing your entries and managing your positions wisely.
6/6 Gold Trading StrategyAfter a short rebound, gold is now hovering near key resistance levels.
The critical zone is around 3366 – if price breaks above this, the next upside targets are 3378–3388.
However, from a broader perspective, the 4H chart still shows an uncorrected bearish setup.
Without strong buying volume, the price may drop again — potentially below 3330, or even breach the 3300 level.
—
📅 Key Data Releases Today:
🔹 NFP (Non-Farm Payrolls)
🔹 US Unemployment Rate
Both events are expected to bring high volatility, so manage your risk carefully.
—
📊 My Intraday Trade Plan:
✅ Sell on rallies
🎯 Target: around 3330-3290
📌 Only if price reaches that support zone will I consider shifting to a bullish bias
GOLD (XAUUSD) Technical Analysis – MMC Strategy Breakdown🧠 Conceptual Foundation:
This analysis is rooted in Market Maker Concepts (MMC), focusing on how smart money manipulates liquidity, traps retail traders, and shifts structure before making big moves. The GOLD market today gave us a high-probability setup that combined several key technical elements: SR interchanges, structure shifts, trendline breaks, and a major arc pattern.
Let’s dissect it step-by-step:
1️⃣ Initial Downtrend & Liquidity Sweep
In the early part of the chart, GOLD was in a clear bearish trend, forming lower highs and lower lows, consistently respecting a descending trendline. This downtrend attracted retail sellers who kept entering shorts, reinforcing the bearish sentiment.
🔻 However, right before the reversal, GOLD made a sharp move down to grab liquidity below previous lows near the $3,361–$3,364 support zone. This is a classic MMC liquidity trap — clearing out stop-losses of early buyers before initiating a reversal.
2️⃣ SR Interchange Zones (Smart Money Play)
Around the levels of $3,361 and $3,364, we noticed strong Support-Resistance Interchange (SR Flip) behavior:
These zones were first used as support during the initial decline.
Once broken, they acted as resistance, and again flipped to support post-breakout.
This flip signals institutional involvement — smart money often builds positions in these zones.
These interchanges also acted as the base of accumulation, preparing for a bullish breakout.
3️⃣ Trendline Breakout – Early Reversal Confirmation
As the price consolidated and coiled around the SR zones, it finally broke the descending trendline — a major reversal signal.
This breakout was accompanied by strong bullish candles, showing a sudden shift in momentum. It's likely that smart money stepped in aggressively, initiating a structure shift.
4️⃣ Arc Pattern Formation – Visual Clue of Accumulation
The most eye-catching part of this chart is the arc pattern — a rounded bottom formation. This type of pattern typically indicates accumulation phase, where institutions quietly enter positions while retail sentiment is confused or bearish.
🟡 The arc acts like a pressure cooker: as price coils and liquidity builds, it eventually explodes in the direction of accumulation — in this case, bullish.
5️⃣ Structure Shift – Confirmation of Bullish Intent
Once price broke above the internal structure (previous lower highs), it confirmed a structure shift from bearish to bullish.
📈 This is one of the most critical elements in MMC:
It tells us that smart money has reversed the flow.
The shift often leads to expansive moves in the new direction (as we saw here).
6️⃣ Next Reversal Area (Key Supply Zone)
Price continued surging upward and reached a predefined Reversal Area around $3,405–$3,410. This zone is likely to contain historical supply and institutional sell orders.
As expected:
Price showed early rejection signs from this level.
A potential short-term pullback or distribution phase may now be underway.
If bulls reclaim this zone, it may lead to further upside toward $3,420–$3,430.
📌 Key Technical Highlights:
Component Observation
Trendline Clean break signals momentum shift
SR Interchange Zones Strong demand re-entry near $3,361–$3,364
Arc Pattern Indicates bottoming and accumulation phase
Structure Shift Broke prior lower highs confirming bullish bias
Reversal Zone $3,405–$3,410 acting as resistance; possible rejection/pullback point
🔮 What to Expect Next?
If price rejects the $3,405–$3,410 zone again and forms a lower high, expect a pullback to $3,375–$3,380.
A break above the reversal zone with strong volume may open the door to new highs, targeting $3,420+.
Use caution around news events or high-impact fundamentals (e.g., USD data releases).
💡 Trading Strategy Ideas:
✅ Long Scenario (Already Played Out):
Entry: Post-trendline break + arc confirmation
TP1: Reversal Zone at $3,405
SL: Below $3,361 SR Flip
🔁 Potential Short Setup:
Entry: On bearish confirmation from $3,405–$3,410
TP1: $3,375
TP2: $3,364
SL: Above $3,412 (reversal zone high)
📢 Final Thoughts:
This chart is a great example of how MMC (Market Maker Concepts), when combined with clean price action tools like trendlines, SR zones, and structure shifts, can offer high-accuracy trades.
Don't chase price. Wait for zones to react. Let the market show its hand before taking action.
XAUUSD:Go long in batches
Gold in recent two days of strong performance in Asia and Europe, the US is slightly weak, the shock range expanded, below 3340-45 is the rise point of these two times, currently back to around 3365, although the price back before, but the income did not expand. At present, gold is not a strong one-sided rise, is still volatile up, near this position into the long order to hold, is expected to break the probability of today's data is small.
On the trade, buy long in batches around 3365 and 3340-45, and look above the target at 3390-92 first
Trading Strategy:
Long orders near 3365 continue to hold
3340-45 can buy long orders twice
TP:3390-92
↓↓↓ More detailed strategies and trading will be notified here ↗↗↗
↓↓↓ Keep updated, come to "get" ↗↗↗
Technical Analysis – XAUUSD (Elliott Wave + Demand Zone Outlook)Elliott Wave Structure
An impulsive 5-wave structure has been identified (1-2-3-4-5 upward),
followed by a corrective A-B-C pattern forming a falling wedge/channel, which has now broken to the upside.
Breakout & Potential Movement
The breakout from the descending trendline signals a potential bullish reversal.
Currently, price is in a retest phase, likely seeking a pullback before continuation.
Demand Zones Overview
Minor Demand Zone
Upper: 3305 – 3314
Lower: 3290 – 3294
→ Acts as a short-term pullback area. If price holds here, continuation is likely without needing to revisit deeper zones.
Major Demand Zone
Upper: 3208 – 3217
Lower: 3185 – 3192
→ Considered a stronger support area. If the minor zone fails, buyers may step in significantly from here.
Trading Scenarios
Bullish Scenario (Preferred)
Price retests minor demand
Bullish rejection forms → Buy entry
Target: Retest previous highs (~3500) or start of a new impulsive wave
Bearish Scenario (Alternative)
Price breaks below minor demand → Continues toward major demand
Safer buy setup if bullish candle or divergence confirms at major zone