Market Notice ๐๏ธ
Both Chinese and US major markets will close early today due to public holidays.
Please adjust your positions and manage risk accordingly
#XAU#XAG
#XAUUSD#GOLD
US-Iran first-round talks (originally June 19) postponed due to Israel airstrikes on Lebanon
Technically: Rapid decline with weak low-end rebounds signals sustained bearish pressure
- Primary sell zone: 4171 โ rejection here confirms weak downtrend
- Critical level: 4232 โ must not break above. Any failure to reclaim bearish structure intact
All rebounds capped below 4232 are sell-the-ripple opportunities
Downside supports: 4120 / 4052
#XAUUSD#GOLD
US-Iran first-round talks (originally June 19) postponed due to Israel airstrikes on Lebanon
Technically: Rapid decline with weak low-end rebounds signals sustained bearish pressure
- Primary sell zone: 4171 โ rejection here confirms weak downtrend
- Critical level: 4232 โ must not break above. Any failure to reclaim bearish structure intact
All rebounds capped below 4232 are sell-the-ripple opportunities
Downside supports: 4120 / 4052
#XAUUSD#GOLD
Gold under pressure from the Fedโs slightly hawkish tone, triggering an extreme roller-coaster move that perfectly filled 4218 gap mentioned earlier.
Price has now rebounded to 4290โ4300 zone
- Holding above keeps the rebound alive, with targets 4363โ82 resistance
- Key support: 4281
Break below would expose 4272-55
#Fed #FOMC
#XAUUSD#GOLD
4363 tested as expected and faced selling pressure
Key points to watch: ๐๐
1. Higher highs and lows forming, but MACD divergences are increasing
* Stay cautious of a sudden sharp correction
* Repair zone: 4280โ18 gap
Only after divergences are resolved can we expect a stronger rebound
2. US-Iran deal influence remains dominant
Unless gold forces a strong volume breakout (e.g. to 4420 or higher), a corrective move to clear divergences is likely
#IranWarโ #PeaceTalks
The Federal Reserve's interest rate decision and projections will be released at 19 London time, followed by the first press conference held by the new Chair, Kevin Warsh.
While keeping interest rates unchanged is virtually certain, there is significant uncertainty surrounding Warsh's initial statement, the "dot plot," and forward guidance. The debate over whether to cut or raise rates is intensifying.
US retail sales data for May. Market volatility is likely to be significant; please be mindful of the associated risks.
#Fed #FOMC #GOLD #Oil
#XAUUSD#GOLD
The market awaits Kevin Warshโs first FOMC appearance
Price tight range between 4363โ05, with highs and lows converging
Key level to watch: 4305 (recent correction low)
- Holding above keeps bullish structure intact and supports dip-buying intraday
- Resistance at 4355 clear break opens path to 4376โ4427
Final defense: 4281
- Break below would likely trigger gap-fill toward 4260โ18
#FOMC #Fed
#XAUUSD#GOLD
The market awaits Kevin Warshโs first FOMC appearance
Price tight range between 4363โ05, with highs and lows converging
Key level to watch: 4305 (recent correction low)
- Holding above keeps bullish structure intact and supports dip-buying intraday
- Resistance at 4355 clear break opens path to 4376โ4427
Final defense: 4281
- Break below would likely trigger gap-fill toward 4260โ18
#FOMC #Fed
#XAUUSD#GOLD
Currently in a post-uptrend correction phase
Key support to watch today: 4306
- Holds above in Europe and rebounds to stabilize above 4320
The correction is likely over and bulls remain in control.
- Break below would deepen the correction
Increasing the chance of filling the prior gap and testing 4260โ18
#XAGUSD#Silver
Silver is moving in line with gold.
Overnight surge and pullback, followed by weak consolidation in Asia that exactly tested the 69 role-reversal support.
European session stabilized with consecutive green candles. US session: Room for another leg higher.
Resistance: 72โ73
Channel support: shifted up to 68.9
Gap fill below remains possible
#XAUUSD#GOLD
Currently in a post-uptrend correction phase
Key support to watch today: 4306
- Holds above in Europe and rebounds to stabilize above 4320
The correction is likely over and bulls remain in control.
- Break below would deepen the correction
Increasing the chance of filling the prior gap and testing 4260โ18
#XAUUSD#GOLD
4363 tested as expected and faced selling pressure
Key points to watch: ๐๐
1. Higher highs and lows forming, but MACD divergences are increasing
* Stay cautious of a sudden sharp correction
* Repair zone: 4280โ18 gap
Only after divergences are resolved can we expect a stronger rebound
2. US-Iran deal influence remains dominant
Unless gold forces a strong volume breakout (e.g. to 4420 or higher), a corrective move to clear divergences is likely
#IranWarโ #PeaceTalks
#XAUUSD#GOLD
4363 tested as expected and faced selling pressure
Key points to watch: ๐๐
1. Higher highs and lows forming, but MACD divergences are increasing
* Stay cautious of a sudden sharp correction
* Repair zone: 4280โ18 gap
Only after divergences are resolved can we expect a stronger rebound
2. US-Iran deal influence remains dominant
Unless gold forces a strong volume breakout (e.g. to 4420 or higher), a corrective move to clear divergences is likely
#IranWarโ #PeaceTalks
#XAUUSD#GOLD
Gold gapped higher as expected after the US-Iran peace agreement
Key levels to watch:
- 4281 (pullback low): Holding here confirms strong bullish momentum and paves the way to test 4363 soon
- 4260 (today gap low): A break below would trigger gap-fill support 4208
This Weekโs Key Events ๐๏ธ
Wednesday:
- US Retail Sales MoM
- Fed Rate Decision
- FOMC Meeting
This will be new Fed Chair Kevin Warshโs first FOMC meeting and public appearance.
Will we hear like Powellโs signature opening remarks? Lol ๐
#Fed#FOMC#XAUUSD#GOLD
#XAUUSD#GOLD
Gold gapped higher as expected after the US-Iran peace agreement
Key levels to watch:
- 4281 (pullback low): Holding here confirms strong bullish momentum and paves the way to test 4363 soon
- 4260 (today gap low): A break below would trigger gap-fill support 4208
Friday price action confirmed a reversal with a clear higher low
A โ Breakout
4H close above 4363 confirms buyer control
Enter on pullback to 4309 or on volume-backed continuation.
B โ Pullback
Price retraces into 4280โ18 gap, holds, and forms a bullish 4H reversal candle. Enter after candle close.
Targets:
- TP1: 4377 (0.618 Fib + May monthly low zone)
- TP2: 4473 (0.786 Fib + origin of June crash)
#XAUUSD#GOLD
Gold gapped higher as expected after the US-Iran peace agreement
Key levels to watch:
- 4281 (pullback low): Holding here confirms strong bullish momentum and paves the way to test 4363 soon
- 4260 (today gap low): A break below would trigger gap-fill support 4208
#XAUUSD#GOLD
Goldโs Friday rebound is gradually stabilizing
Next weekโs direction will hinge on the signing of the US-Iran Memorandum of Understanding
If the deal is successfully signed, a strong gap-up and bullish continuation becomes the most likely scenario
Key Levels:
- 4171 โ Hold for upside continuation
- Break and hold above 4246 to unlock further gains
- Next resistance 4281 / 4363
#XAUUSD#GOLD
Goldโs Friday rebound is gradually stabilizing
Next weekโs direction will hinge on the signing of the US-Iran Memorandum of Understanding
If the deal is successfully signed, a strong gap-up and bullish continuation becomes the most likely scenario
Key Levels:
- 4171 โ Hold for upside continuation
- Break and hold above 4246 to unlock further gains
- Next resistance 4281 / 4363
#XAUUSD#GOLD
Trump โpeace signalโ is in play โ hold todayโs low is critical
Currently testing support 4170 (First long opportunity here) ๐
Reclaim 4210 targets 4246, then acceleration toward 4275โ85
Note: Breakout moves tend to be volatile with liquidity sweeps
Backup plan: Support at 4130 โ hold here for another leg toward 4246
Break below 4130 risks a fresh low 4023
#XAUUSD#GOLD
Trump โpeace signalโ is in play โ hold todayโs low is critical
Currently testing support 4170 (First long opportunity here) ๐
Reclaim 4210 targets 4246, then acceleration toward 4275โ85
Note: Breakout moves tend to be volatile with liquidity sweeps
Backup plan: Support at 4130 โ hold here for another leg toward 4246
Break below 4130 risks a fresh low 4023
#XAUUSD#GOLD
Gold pulled back, found support near 4015, and rebounded
Currently facing resistance at 4136โ40
- If price reclaims and holds above 4145, expect more rebound
First targets: FVG upper edge 4181โ86, then previous high at 4222
- However, if it rallies then falls back below 4000 it would confirm the third leg down
Next support zone: 3930โ20, with potential to retest 3886
#XAUUSD#GOLD
Gold surged on fresh fundamentals and has now reached the previous high at 4222
Short-term price is likely to enter consolidation
Key support to watch: 4181โ86
#XAUUSD#GOLD
Gold pulled back, found support near 4015, and rebounded
Currently facing resistance at 4136โ40
- If price reclaims and holds above 4145, expect more rebound
First targets: FVG upper edge 4181โ86, then previous high at 4222
- However, if it rallies then falls back below 4000 it would confirm the third leg down
Next support zone: 3930โ20, with potential to retest 3886
US media: Iran has submitted the latest draft of the agreement to Qatar mediators.
Trump: โCancelled tonightโs strike on Iran. Signing time and location will be announced shortly.โ
Gold is taking off.
#XAUUSD#GOLD#Silver
#XAUUSD#GOLD
Gold pulled back, found support near 4015, and rebounded
Currently facing resistance at 4136โ40
- If price reclaims and holds above 4145, expect more rebound
First targets: FVG upper edge 4181โ86, then previous high at 4222
- However, if it rallies then falls back below 4000 it would confirm the third leg down
Next support zone: 3930โ20, with potential to retest 3886
#XAUUSD#GOLD
US Initial Jobless Claims (week of June 6), May PPI MoM & YoY release in 5 minutes. Expect sharp volatility in gold, silver, and oil. Stay alert.
#XAUUSD#GOLD
Gold pulled back, found support near 4015, and rebounded
Currently facing resistance at 4136โ40
- If price reclaims and holds above 4145, expect more rebound
First targets: FVG upper edge 4181โ86, then previous high at 4222
- However, if it rallies then falls back below 4000 it would confirm the third leg down
Next support zone: 3930โ20, with potential to retest 3886
#XAUUSD#GOLD
Gold pulled back, found support near 4015, and rebounded
Currently facing resistance at 4136โ40
- If price reclaims and holds above 4145, expect more rebound
First targets: FVG upper edge 4181โ86, then previous high at 4222
- However, if it rallies then falls back below 4000 it would confirm the third leg down
Next support zone: 3930โ20, with potential to retest 3886
#XAUUSD#GOLD
Gold remains under heavy pressure
Short-term price has broken below the March low 4098
MACD and volume-price action confirm bears still hold strong momentum
Next key supports:
- Psychological 4000
- Origin of the bull market 3886
#XAUUSD#GOLD
Gold remains under heavy pressure
Short-term price has broken below the March low 4098
MACD and volume-price action confirm bears still hold strong momentum
Next key supports:
- Psychological 4000
- Origin of the bull market 3886
#XAUUSD#GOLD
Developing the Harmonic Bat pattern exactly as anticipated
Price found temporary support around 4170
We may see brief short-term consolidation as buyers step in
First bullish signal: Daily close above 4363 ๐
- Successful hold would open the path toward 4515โ95
Critical bull defense line: 4098๐
Sustained break below would confirm downtrend continuation
Potentially targeting the origin of this bull market at 3886
#XAUUSD#GOLD
US May CPI data drops https://t.co/iwp4O3UYVI expects headline YoY to rebound into the 4% range.After strong NFP, hotter inflation could further boost Fed hike expectations, triggering sharp volatility in gold, silver, and oil.
Stay tuned.
#XAUUSD#GOLD
Developing the Harmonic Bat pattern exactly as anticipated
Price found temporary support around 4170
We may see brief short-term consolidation as buyers step in
First bullish signal: Daily close above 4363 ๐
- Successful hold would open the path toward 4515โ95
Critical bull defense line: 4098๐
Sustained break below would confirm downtrend continuation
Potentially targeting the origin of this bull market at 3886
#XAUUSD#GOLD
Developing the Harmonic Bat pattern exactly as anticipated
Price found temporary support around 4170
We may see brief short-term consolidation as buyers step in
First bullish signal: Daily close above 4363 ๐
- Successful hold would open the path toward 4515โ95
Critical bull defense line: 4098๐
Sustained break below would confirm downtrend continuation
Potentially targeting the origin of this bull market at 3886
#XAUUSD#GOLD
Since ATH $5598, gold has now printed its 10th consecutive lower high
The downtrend remains fully intact and is accelerating
Any rebound that stalls at $4366 or below will form a clear 4H bearish reversal candle
Bears are regrouping at former support (now resistance)
Alternative trigger: Daily close below $4311 on strong volume
Expected path: Continuation toward the harmonic Bat pattern bottom at 4170