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CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)

CFDs on Gold (US$ / OZ)

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Gold XAUUSD Possible Move 9th June 2025Market Structure: The overall trend remains bearish, with a series of lower highs and lower lows. Recent bullish retracement is corrective and approaching a key supply zone (3340 region). Zones of Interest: Supply Zone (Sell Area): 3335–3340 This area acted as a previous area of institutional selling. Price is expected to tap into this zone before resuming the downward move. Demand Zone (Target): 3295–3305 This level served as a previous strong demand zone and aligns with previous reaction zones. Liquidity & Structure: Liquidity grab expected above minor highs around 3330–3335 before a potential reversal. Structure shows a liquidity sweep, followed by a market shift confirming the bearish move. Key Confluences: Bearish market structure Return to supply Clear risk-to-reward setup Anticipated lower high formation Clean FVG + OB alignment in supply zone 📉 Trade Idea / Signal Type: Sell Limit Entry: 3335–3340 Stop Loss: 3355 (above supply zone highs) Take Profit: 3320 Take Profit: 3300 Risk–Reward: ~1:3 🧠 Trade Plan Wait for price to enter 3335–3340 zone. Look for confirmation (e.g., bearish engulfing, BOS, CHoCH on LTF). Execute short with SL above the zone. Target the 3300 handle which aligns with the HTF demand zone and price imbalance fill.
OANDA:XAUUSDShort
by QuinnReed_Charts
1
XAUUSD: Analysis June 10Gold recovered to nearly 3340 yesterday after a sharp decline at the end of last week. But gold then declined again as the market digested positive signals from the US-China trade talks. There is no important economic data released from the US today, investors continue to monitor the developments of the US-China trade talks and CPI data released on Wednesday. After falling to test the broken down channel, gold rebounded to near 3340. It is currently declining again, but is still moving steadily above the psychological support zone of 3300. In the European session, you can buy gold again when approaching this support zone again. Or you can sell according to the two resistance zones above.
OANDA:XAUUSDLong
by Stone_Haven
3
XAUUSD BULLISH OR BEARISH DETAILED ANALYSISXAUUSD is currently forming a clean bullish pennant pattern on the daily timeframe, signaling a potential continuation of the dominant uptrend. After a strong impulsive rally that pushed gold prices to new highs, the market entered into a consolidation phase, tightening within the pennant structure. This type of price action typically precedes a breakout, and with current price action hovering near the upper boundary of the pennant, a bullish breakout looks imminent. If we break above this consolidation zone, the next target stands at 3500, in line with the measured move projection from the prior leg. From a fundamental standpoint, gold remains in strong demand amid ongoing macroeconomic uncertainties and shifting central bank policies. Recent data out of the US showed signs of a cooling labor market and slowing inflation pressures, increasing the odds of the Federal Reserve leaning toward rate cuts in the second half of 2025. A dovish Fed would weaken the US dollar and lower Treasury yields—two key drivers that historically push gold prices higher. Additionally, continued central bank gold buying globally, especially from emerging markets, is providing a strong underlying bid for XAU. The current consolidation is healthy and is allowing the market to build momentum before another leg up. Volatility is compressing, volume remains steady, and price structure is respecting key trendlines. Once we get confirmation with a breakout and close above the upper pennant boundary, it would open the door to a swift move toward the 3500 region. Traders should monitor volume and RSI closely for early signs of breakout confirmation. In this environment of economic uncertainty, demand for safe-haven assets like gold is only increasing. With technicals and fundamentals aligned, XAUUSD is gearing up for a powerful bullish wave. As long as we hold above the key 3280–3300 support range, the bullish thesis remains fully intact. This setup offers excellent reward-to-risk potential and is one of the more compelling opportunities currently on the radar.
FOREXCOM:XAUUSDLong
by AndrewsMarket-Mastery
1
Gold Eyes New All-Time High as Bullish Trend StrengthensGold continues to push higher in a powerful uptrend, approaching a fresh all-time high with strong bullish momentum. Technical indicators and market structure remain supportive of further upside, with a key Fibonacci extension target at $4,144 now coming into focus. Gold has maintained a robust weekly bullish trend, characterized by a clear sequence of higher highs and higher lows. Price action remains technically strong across all timeframes, and with price now pressing against previous all-time highs, the next move could either be a temporary consolidation or an explosive breakout into new territory. Key Technical Points - Trend Structure Remains Intact: Higher highs and higher lows dominate all major timeframes. - Moving Averages in Full Bullish Alignment: All key moving averages remain beneath price action, acting as dynamic support. - Point of Control Reclaims: Previous consolidations at volume highs have led to continued breakouts. - Fibonacci Extension Target at $4,144: This level represents the next major technical upside target if momentum persists. From a market structure standpoint, gold is in a textbook uptrend. There have been no breakdowns of prior swing lows, and each move higher has been followed by a constructive consolidation or higher low formation. This consistency reinforces the overall strength of the bullish trend. All major moving averages (MAs) — whether short-term (21 EMA), medium-term (50 SMA), or long-term (200 EMA) — are stacked beneath current price across all key timeframes. This configuration confirms strong trend alignment and dynamic support, giving buyers further confidence to hold or add on dips. One of the most bullish technical characteristics has been the repeated reclaiming of key volume zones, particularly the point of control (POC) within high-volume nodes. Price has consistently consolidated around these zones before breaking higher, indicating strong accumulation and controlled trend continuation. Additional Context: Fibonacci Target and Price Path: A Fibonacci extension measured from the recent swing low to the swing high projects a technical upside target of $4,144. This is a natural continuation level based on prior market rhythm and trend extension. If gold breaks its all-time high with conviction, this extension becomes the next likely area for price to reach, assuming bullish momentum continues. What to Expect in the Coming Price Action: As gold approaches its all-time high, two key scenarios are in play: a minor pullback for a new higher low, or an impulsive breakout toward the $4,144 Fibonacci target. Given the strength in structure and momentum, the path of least resistance remains to the upside — but traders should monitor lower timeframes for confirmation.
TVC:GOLD
by The_Alchemist_Trader_
1
Middle East tensions rise; gold may hit new highs next weekThe Middle East situation has continued to escalate over the weekend, indicating that gold may witness a rally at Monday's opening. On Friday morning, risk aversion surged rapidly, pushing the gold price to around 3,444, followed by a pullback. During the European session, the price quickly retreated to around 3,408 before rebounding—our strategy to go long near 3,410 at the time proved profitable. In the U.S. session, gold mounted a second rally, peaking at around 3,446 before entering a pullback and consolidation phase. However, from a fundamental perspective, the overall trend remains bullish; thus, buying on dips remains the primary trading approach. From a 4-hour technical view, immediate support lies in the 3,405–15 range, with key support at the recent resistance-turned-support zone near 3,375–80. When gold pulls back, traders should focus on longing near these levels. The critical bullish pivot for short-term traders has shifted up to the 3,345–50 zone; as long as gold holds above this level on the daily time frame, the dip-buying strategy should be maintained. XAUUSD buy@3405-3415 tp:3340-3360 Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.
OANDA:XAUUSDLong
by EvanField
2
Intraday Gold Trading System with Neural Networks: Step-by-Step________________________________________ 🏆 Intraday Gold Trading System with Neural Networks: Step-by-Step Practical Guide ________________________________________ 📌 Step 1: Overview and Goal The goal is to build a neural network system to predict intraday short-term gold price movements—typically forecasting the next 15 to 30 minutes. ________________________________________ 📈 Step 2: Choosing Indicators (TradingView Equivalents) Key indicators for intraday gold trading: • 📊 Moving Averages (EMA, SMA) • 📏 Relative Strength Index (RSI) • 🌀 Moving Average Convergence Divergence (MACD) • 📉 Bollinger Bands • 📦 Volume Weighted Average Price (VWAP) • ⚡ Average True Range (ATR) ________________________________________ 🗃 Step 3: Data Acquisition (Vectors and Matrices) Use Python's yfinance to fetch intraday gold data: import yfinance as yf import pandas as pd data = yf.download('GC=F', period='30d', interval='15m') ________________________________________ 🔧 Step 4: Technical Indicator Calculation Use Python’s pandas_ta library to generate all required indicators: import pandas_ta as ta data = ta.ema(data , length=20) data = ta.ema(data , length=50) data = ta.rsi(data , length=14) macd = ta.macd(data ) data = macd data = macd bbands = ta.bbands(data , length=20) data = bbands data = bbands data = bbands data = ta.atr(data , data , data , length=14) data.dropna(inplace=True) ________________________________________ 🧹 Step 5: Data Preprocessing and Matrix Creation Standardize your features and shape data for neural networks: from sklearn.preprocessing import StandardScaler import numpy as np features = scaler = StandardScaler() data_scaled = scaler.fit_transform(data ) def create_matrix(data_scaled, window_size=10): X, y = , for i in range(len(data_scaled) - window_size - 1): X.append(data_scaled ) y.append(data .iloc ) return np.array(X), np.array(y) X, y = create_matrix(data_scaled, window_size=10) ________________________________________ 🤖 Step 6: Neural Network Construction with TensorFlow Use LSTM neural networks for sequential, time-series prediction: import tensorflow as tf from tensorflow.keras.models import Sequential from tensorflow.keras.layers import LSTM, Dense, Dropout model = Sequential( , X.shape )), Dropout(0.2), LSTM(32, activation='relu'), Dense(1) ]) model.compile(optimizer='adam', loss='mse') ________________________________________ 🎯 Step 7: Training the Neural Network history = model.fit(X, y, epochs=50, batch_size=32, validation_split=0.2) ________________________________________ 📊 Step 8: Evaluating Model Performance Visualize actual vs. predicted prices: import matplotlib.pyplot as plt predictions = model.predict(X) plt.plot(y, label='Actual Price') plt.plot(predictions, label='Predicted Price') plt.xlabel('Time Steps') plt.ylabel('Gold Price') plt.legend() plt.show() ________________________________________ 🚦 Step 9: Developing a Trading Strategy Translate predictions into trading signals: def trade_logic(predicted, current, threshold=0.3): diff = predicted - current if diff > threshold: return "Buy" elif diff < -threshold: return "Sell" else: return "Hold" latest_data = X .reshape(1, X.shape , X.shape ) predicted_price = model.predict(latest_data) current_price = data .iloc decision = trade_logic(predicted_price, current_price) print("Trading Decision:", decision) ________________________________________ ⚙️ Step 10: Real-Time Deployment Automate the model for live trading via broker APIs (pseudocode): while market_open: live_data = fetch_live_gold_data() live_data_processed = preprocess(live_data) prediction = model.predict(live_data_processed) decision = trade_logic(prediction, live_data ) execute_order(decision) ________________________________________ 📅 Step 11: Backtesting Use frameworks like Backtrader or Zipline to validate your strategy: import backtrader as bt class NNStrategy(bt.Strategy): def next(self): if self.data.predicted > self.data.close + threshold: self.buy() elif self.data.predicted < self.data.close - threshold: self.sell() cerebro = bt.Cerebro() cerebro.addstrategy(NNStrategy) # Add data feeds and run cerebro cerebro.run() ________________________________________ 🔍 Practical Use-Cases • ⚡ Momentum Trading: EMA crossovers, validated by neural network. • 🔄 Mean Reversion: Trade at Bollinger Band extremes, validated with neural network predictions. • 🌩️ Volatility-based: Use ATR plus neural net for optimal entry/exit timing. ________________________________________ 🛠 Additional Recommendations • Frameworks: TensorFlow/Keras, PyTorch, scikit-learn • Real-time monitoring and risk management are crucial—use volatility indicators! ________________________________________ 📚 Final Thoughts This practical guide arms you to build, deploy, and manage a neural network-based intraday gold trading system—from data acquisition through backtesting—ensuring you have the tools for robust, data-driven, and risk-managed trading strategies. ________________________________________
FOREXCOM:XAUUSDEducation
by ProjectSyndicate
20
Gold is on a riseHi traders, Last week gold went exactly as I've said in my previous outlook. After price came into the bullish 4H FVG it started the next impulse wave 3 (purple) up. So next week we could see a small correcton down and more upside. Let's see what price does and react. Trade idea: Wait for a small correction down on a lower timeframe to finish and trade longs again. If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
OANDA:XAUUSDLong
by EduwaveTrading
1
What Will Be The Next Move Of Gold.XAUUSD Analysis Timeframe: 4H/1W Observation: XAUUSD is trading within an upward parallel channel, having previously rejected both the resistance and support trend lines. Currently positioned at the support line, we anticipate a potential false breakdown followed by an upward move. Trading Opportunity: - Buying Zone: 3250-3270 - Rationale: Liquidity is nearly depleted, and a 1W FVG gap is present. - Strategy: Set Buy limits at 3250-3270 - Target: 3500
TVC:GOLDLong
by Anna_Wade
4
XAUUSDMy current thought process towards this trade: Overall, the structure is bullish, which means I am looking for buying opportunities—but not in this case. I see a potential sell-off, and the structure may be shifting direction. I strongly believe in that idea, but I can only wait and see.The thing about trading counter-trends is that you need to wait for confirmation of your bias. I am not ignorant of the fact that the market is in a bullish run, meaning anything is possible—my sell setup might happen, or it might not. It’s a 50-50 chance. However, I am interested in a sell trade, but only if everything works out the way I intend.
OANDA:XAUUSDShort
by AStandardFx
1
Gold Breaks $3400 – Targets $3500 Amid Tensions (READ)By analyzing the gold chart on the lower timeframe, we can see that today, following Israel's missile and airstrike attacks on Iran, gold experienced a sharp rally. As anticipated last night, gold finally managed to break through the strong $3400 resistance, surging over 600 pips to reach $3447. Currently, gold is trading around $3438, and given the escalation in geopolitical tensions, I expect further upside movement. The next potential targets are $3449, $3469, and possibly $3500. ⚠️ Due to ongoing conflict and extreme volatility, it's advised to avoid trading or proceed only with minimal risk exposure. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSDLong
by ArmanShabanTrading
1
Chart Pattern: Ascending Channel / Rising WedgeChart Analysis Breakdown : Price Channel (Ascending): A rising wedge or ascending channel is drawn, showing higher highs and higher lows. The upper and lower white trendlines are converging slightly, suggesting a potential breakout or breakdown soon. Key Support and Resistance Zones: Orange Resistance Zone (Top Left): Marked as a supply zone where price previously reversed (around 3,420–3,430). Orange Support Zone (Bottom Center): Around 3,320–3,330, possibly acting as demand or a retest area. Price Levels (Right Scale): Current price is around 3,386.36. Several price markers are noted (green for potential bullish targets, red for bearish zones). Projections/Scenarios (White Arrows): Bullish Scenario: Price breaks above the upper channel line and targets levels like 3,423 or 3,440. Bearish Scenario: Price fails at resistance, retraces back to the support zone, possibly to 3,360 or lower (near 3,320 zone). EMA 50 (Blue Line): An EMA (Exponential Moving Average) is lightly visible and used for trend confirmation. Price is currently above it, indicating bullish bias. Other Chart Elements: Time shown is UTC+3. The local weather is 30°C and hazy. Timestamp: June 13, 2025, at 1:35 AM. 📈 Interpretation: The chart suggests a watch for breakout scenario in XAUUSD: If price sustains above the rising channel, it could rally further. If it breaks below, look for a retest of the 3,320–3,330 zone.
OANDA:XAUUSD
by King_Maker_FX
1
#XAUUSD[GOLD]:At Critical Level, Bullish Swing Is Very LikelyHey There Everyone, So, gold prices took a bit of a dip, hitting 3250 gold. But guess what? They bounced back like a rubber ball and reached 3332! And here’s the exciting part: they broke through that pesky bearish trend line. This means they’re probably going to retest that line to confirm the trend. Right now, it looks like they’re at a potential retest point, and that’s where things could get really interesting. If strong bullish volume comes in, the price could skyrocket! There are three possible targets here: 3332, 3362, and 3420. Now, here’s something important to keep in mind: next week, there are some big news and events coming up that could totally shake things up in the gold market. And let’s not forget about price manipulation. If someone tries to mess with the price, it could drop back to 3250 and then reverse course. So, it’s crucial to have backup plans in case of any unexpected twists. The US dollar is also going to be all over the place due to upcoming news, which could disrupt the gold market and other currencies. So, it’s best to trade cautiously today and next week. The price can be a bit unpredictable, so take your time to do your own analysis and assess your risk before making any moves. Good luck and trade safely! We wish you all the best in your trading journey! Cheers, Team Setupsfx_
OANDA:XAUUSDLong
by Setupsfx_
9
Gold summary this week and analysis for next week. Analysis of gold news: During the U.S. trading session on Friday (June 6), spot gold continued to fall weakly and ended the week at around 3309. Gold rose and fell on Thursday. Earlier, silver broke through the $35 mark, hitting a 13-year high, driving gold prices to break through the $3400 mark, hitting a four-week high of around $3403.28. However, due to the signal of easing trade tensions released by the US and Chinese leaders during the call, the spot gold price closed down 0.6% at $3352.65. The market began to turn its attention to the upcoming US non-farm payrolls data and the policy trends of the Federal Reserve. On June 5, the call between US President Trump and Chinese leaders became the focus of global financial markets. Trump said on social media that the two sides reached a "very positive conclusion" on trade issues, while Chinese officials emphasized that negative measures against China should be withdrawn. This rare dialogue between leaders was interpreted by the market as a signal of thawing trade tensions, weakening the appeal of gold as a safe-haven asset, causing spot gold prices to fall back to $3,352.65 after an intraday high of $3,403.28. Despite this, gold has risen by about 28% this year, showing its strong demand amid global uncertainty. Analysts pointed out that the easing of trade tensions has a direct impact on the performance of safe-haven assets. The decline in gold prices reflects the market's optimistic expectations for the progress of Sino-US trade negotiations. Judging from the current trend of gold, the market will continue to fall next week; the decline is not as strong as expected, first look at the gap filling near 3,290, then look at the range of 3,260 to 3,250, and give specific points after updating the indicators on Monday; focus on the pressure near 3,330-3,335 next Monday, consider shorting ideas, and give specific operational suggestions on Monday.
OANDA:XAUUSDShort
by KellyLondon
1
Gold eyes $3,485 as bulls take chargeOANDA:XAUUSD is trading within a clearly defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum suggests that buyers are in control, indicating the potential for further upside movement. Price has recently broken through a key resistance zone and may pull back for a retest. If this level holds as support, it will reinforce the bullish structure and increase the likelihood of a move toward the 3,485 target, which aligns with the upper boundary of the channel. As long as the price remains above this support area, the bullish outlook remains intact. However, a failure to hold this level could invalidate the bullish scenario and increase the chances of a retracement toward the lower boundary of the channel. The recent surge in gold prices has been driven by the escalating Middle East crisis and a weakening U.S. dollar. Gold recorded its highest weekly close in history at $3,432 per ounce, fueled by concerns over global economic stability and rising demand for safe-haven assets. Analysts have raised their gold forecasts due to the ongoing market uncertainties. Despite the bullish momentum, I believe gold may be entering overbought territory in the near term, indicating a potential for a short-term correction. However, the broader uptrend remains strong, supported by geopolitical tensions, central bank buying activity, and continued investor demand for robust assets.
OANDA:XAUUSDLong
by Jessica_Paul
1
If the 3300 support line is still valid, you can continue to buyAs for gold, as I analyzed, I gave a long strategy at 3310-18 this morning. So far, the lowest level has rebounded to 3340. At the same time, we have also notified the real market to go long. I believe that friends who follow me can see it. Today, we focus on the important support position of 3300-06. The trend is still mainly to go long. We must operate under the premise of following the general trend. Only in this way can we achieve stable operation. From the 4-hour analysis, the short-term support below is around 3315-21. The daily level stabilizes at this position and continues to see the strong upward rhythm of bulls. Focus on the support of 3300-06. Pay attention to the suppression of 3345-3348. The main tone of low-long participation around this range remains unchanged during the day. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market. I will remind you of the specific operation strategy during the trading session, and pay attention to it in time. Gold operation strategy: 1. Buy when gold falls back to 3321-3328, and buy when it falls back to 3312-16, stop loss at 3308, target at 3345-3348;
PYTH:XAUUSDLong
by WillChurchill
1
Gold Price Analysis June 10Gold price reacted at the Trenline and EMA 34 yesterday and bounced back but still closed below the breakout zone of 3335. The downtrend can still continue as long as 3335 remains strong today. H4 shows the provincial port area at 3295 and 3275 in the opposite direction of the provincial port at 3339 and 3365. H1 is still forming a clear downtrend. 3309 is the immediate resistance zone. is the price zone that can scalp breakout if it closes above this zone. break 3309 Gold will head to 3327 in this zone, if you want to SELL, you have to wait for confirmation from the selling candle. When the buyers push the price strongly through 3327, you have to wait for the US session resistance around 3338 yesterday. Resistance and support during the day are noted around 3275 and 3365
OANDA:XAUUSD
by TVS-Trader
1
Time for the Hammer?” – When Price Breaks, Then Breathes🧠 What Just Happened? The chart opens with a classic market behavior: Price runs above recent highs — triggering a wave of emotional entries and stop hunts. Right after, it drops sharply, hinting that something deeper is at play. This sequence reflects how markets often: Bait retail traders with a breakout Break structure suddenly Then pull back — not for mercy, but to reload 🔍 Why This Pullback Matters After the aggressive drop, price didn't just fall aimlessly. It paused and returned to a zone of imbalance , a gap where liquidity is still waiting. That retrace isn’t weakness — it’s intent. This kind of setup teaches a key concept: “The real move comes after the aggressive move — not before.” 📚 A Lesson in Patience Most traders enter on the breakout (the sweep) Smart traders enter on the pullback into value Pros wait for the reaction + structure shift before doing anything This isn’t about being first. It’s about being right when it matters. 🧭 Final Thought The hammer doesn't fall until the trap is fully set. Study these moves. Study the emotion behind the candles. That's where edge lives. 💬 Drop your thoughts — did you catch this behavior on Gold today? 🔁 Follow for more thought-driven, story-based chart breakdowns.
FOREXCOM:XAUUSDShort
by Crusade1Jay
4
Gold Spot (XAU/USD) $3400 Incoming again??Gold Spot (XAU/USD) – 1H Chart: Chart Overview: Overall Market Context: Gold is currently retracing after a strong downtrend from a swing high near the supply zone. Price is reacting near a key bullish trend line and a local swing low. Key Technical Elements: OBV (On-Balance Volume): The OBV has broken out of its downtrend resistance, suggesting a potential reversal in volume flow. This shift implies bullish momentum could be building. Trendline & Structure: Price is respecting a bullish trend line, which has acted as dynamic support across multiple touches. The current swing low sits right on this trend line, suggesting a possible bounce scenario. Fair Value Gaps (FVGs) – 4H: Two FVGs are located above current price around the 0.28–0.5 Fibonacci zone, indicating a likely magnet area if price starts to retrace upward. These FVGs may act as short-term targets or resistance zones. Fibonacci Retracement: Price is currently near the 0.618–0.65 retracement zone, a classic golden pocket reversal area. If price holds this level, a bounce toward the FVGs and supply zone is likely. Supply Zone: The major resistance sits above at the supply zone formed around the previous swing highs. A rejection here could signal a return to range or continuation lower if not broken. Demand Zone : Below current price, a strong demand zone is marked, which historically triggered a large upward move. If price fails to hold the trendline/swing low, this would be the next key support area to watch. Scenarios: 🔼 Bullish Case: OBV breakout holds and price bounces from the trendline/swing low. Price moves up into the FVG zones and attempts to reclaim the previous swing high. If it breaks above the supply zone, the next logical targets would be the psychological levels (e.g., $3,400+). 🔽 Bearish Case: Failure to hold the current trendline and swing low. Break below could lead to a move toward the demand zone, possibly sweeping lows and filling deeper FVGs. If volume remains weak on bounce attempts, continuation of the downtrend is likely. Summary: Gold is at a critical inflection point. The bullish trendline and swing low offer a potential reversal area, supported by a breakout in OBV. A recovery into the FVGs above looks likely if price can maintain this level. However, failure here would lead to a drop toward the demand zone. Traders should monitor volume, OBV continuation, and price action near FVGs for confirmation.
FX:XAUUSD
by King_BennyBag
4
XAU/USD: Next Week's Trend Analysis and Trading SuggestionsI. Global Central Banks' Gold Purchases Continue to Support Long-Term Gold Uptrend For instance, China's central bank has increased gold reserves for 7 consecutive months, India's gold reserve ratio has doubled compared to 2021, and countries like Thailand and Brazil followed suit in May. Central banks' gold buying, driven by reserve structure optimization and geopolitical risk hedging, provides long-term support for gold prices via sustained demand growth. II. Technicals Show Intense Range Battle at $3,400 Key Level Gold prices, after breaking through $3,400, are oscillating near $3,430. Short-term bulls dominate, but $3,450 acts as a significant resistance. The $3,400 level has turned into strong support— a breakdown could trigger pullbacks. While moving averages show a bullish alignment, overbought technical signals warrant correction vigilance. III. Geopolitical Conflicts Escalate Sharply Israel's precision strikes destroyed Iranian nuclear facilities and decapitated high-ranking officials, prompting Iran's immediate retaliation. With multiple Middle Eastern nations now involved, escalating geopolitical risks strongly underpin the rally in gold and crude oil. Conclusion Geopolitical tensions will sustain short-term upward momentum for gold, but investors must monitor Middle East developments and Fed policy shifts. Prudent position management based on risk tolerance is advised, with caution against excessive leverage in volatile markets. Next Week's XAU/USD Trading Strategy buy@3410-3420 tp:3440-3450 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.
FOREXCOM:XAUUSD
by H_C_02
1