Chart Overview Instrument: Gold Spot (XAU/USD)🔍 Chart Overview
Instrument: Gold Spot (XAU/USD)
Timeframe: 2H (2-hour candles)
Date/Time: Chart ends on June 5th, 2025, 19:14 UTC.
🟩 Support & Resistance Zones
✅ Resistance Zone
Level: Around 3,355 – 3,375 USD
📌 This zone has seen repeated tests and rejections, indicating strong selling pressure.
✅ Support Zone
Level: Around 3,160 – 3,180 USD
🛡️ Price bounced from this zone previously, confirming it as a strong support area.
⚙️ Key Observations
📈 Range-Bound Trading
The price is currently trapped between the strong support and resistance zones.
Multiple rejections at the resistance zone suggest sellers are active above 3,355 USD.
💡 Horizontal Consolidation
Price has formed a horizontal range (sideways movement) in recent sessions.
This range-bound behavior signals market indecision or a buildup before a potential breakout.
📉 Previous Price Action
🔽 Sharp Reversal Drop
Around the middle of May, there was a strong rejection at resistance, followed by a rapid sell-off to the support zone.
This shows that the resistance zone is significant and that sellers are quick to act.
🔮 Potential Scenarios
✅ Bullish Breakout
If price closes above 3,375 USD with strong momentum, expect a potential bullish rally toward 3,400+ USD.
✅ Bearish Rejection
If price fails to close above 3,355 USD and shows rejection candles (like dojis or bearish engulfing patterns), price may retest 3,280 USD and even support at 3,160 USD.
🔔 Key Takeaway & Trader’s Tip
⚠️ Watch for breakout signals near resistance and support.
✅ Volume spikes and momentum indicators will help confirm true breakouts or fakeouts.
🔍 Neutral to Bearish Bias
Given repeated rejections at resistance, short-term bias is neutral to bearish unless a breakout occurs.
📝 Summary with Emojis
🔴 Resistance Zone: 🔝💪
🟩 Support Zone: 🛡️🟢
📉 Bearish Momentum likely below 3,355 USD
📈 Bullish Breakout above 3,375 USD
🕵️♂️ Watch for consolidation and breakout setups!
Futures market
gold on short bullish till 3340#XAUUSD price aiming 3340 for reverse, possible 3340 price close on D1 or middle close to continue bearish.
#Gold buy at 3326 breakout, target 3340, SL 3317.
We aim at H4 price close in next 2 hours, if possible it closes below bearish 3313 then bearish is possible to continue but buy at 3323-26 will take above 3340.
Gold is falling, waiting for the trend to be completed?The Asian market continued to fall on Friday in the early trading on Monday, reaching a low of around 3293. It then bottomed out and rebounded, reaching a high of around 3325, and is currently maintaining a consolidation around 3320.
From the hourly chart, gold is completing the fifth wave in the wave trend; in the short term, gold is in a rebound trend, and has been maintaining this upward trend channel.
As long as it cannot fall below 3310 next, the gold rebound has not ended, and it may directly test the top around 3345. Because 3345 is exactly the bottom of the first wave, the rebound trend from 3293 is likely to be the fourth wave.
As long as the fourth wave rebound cannot strongly break through the bottom of the first wave at 3345, then the fifth wave will most likely show a downward trend.
Therefore, the current trading operation is basically simple;
Long strategy: long at 3315-3320, stop loss at 3305, and profit range at 3340-3350.
Short selling strategy: wait for the price to stabilize near 3345 and then enter the market to short sell.
Important tip: If the price falls from 3345, it is highly likely to go down directly to the low point of 3280-3250.
Gold rebound is difficult to change the current weakness
Gold prices have risen strongly in 2025 and continue to hit new highs. It is worth noting that gold prices have risen by more than 25% so far this year, but have recently retreated as the latest US non-farm payrolls report showed continued strength in the labor market. At the same time, the rebound in gold prices in 2025 was largely driven by uncertainty over Sino-US trade tensions and broader geopolitical risks, which led to sharp stock market fluctuations.
However, a call between the leaders of China and the United States last Friday eased concerns about the trade war, causing gold prices to extend their decline. Although underlying concerns remain, the call briefly calmed investors' nerves.
Views on today's gold trend
The European session continued to retreat and the lowest price reached 3293, then slowly strengthened. The current highest price reached 3328, which is still a little short of our expected highest price of 3330. Therefore, today's strategy does not need to be changed for the time being. If the current market price reaches 3330-35 again, short orders can still be entered. The current trend is still weak, and there is a high probability that it will fall for the second time. Therefore, the current idea of shorting on pullback remains unchanged for the time being.
Gold: short at 3330-3335 on rebound, defend above 40, and target 3290-3280
Trade Idea: XAUUSD Long (SELL LIMIT)🔍 Technical Breakdown:
H1 (Primary Trend Context):
• Strong downtrend: clean lower lows and lower highs
• Price broke below previous day’s low, now acting as resistance
• 20 SMA below 50 SMA, both sloping downward
• Volume increased during selloff = strong participation
• Price currently retracing into prior broken support, now potential supply
M15 (Entry Zone Confluence):
• Micro bullish structure pushing into:
• Prior M15 demand turned supply
• Dynamic resistance (20/50 SMAs)
• Thin volume / inefficiency area
• Retrace remains within context of a bearish flag/pullback
M3 (Entry Precision):
• Price approaching clean M3 supply zone between 3326.0 – 3329.0
• Minor FVG and untested supply at 3327.50
• Good stop placement just above 3332 (above M3/M15 structure)
⸻
📌 Trade Setup Details
• Sell Limit Entry: 3327.50
• Stop Loss: 3333.00 (5.5 pts)
• Take Profit: 3302.00
• Risk-to-Reward: ~4.63R
⸻
🔁 SL to Breakeven Criteria
Move SL to breakeven only after:
1. A 15-minute candle fully closes below 3312.00, breaking current bullish microstructure
2. Price either:
• Bases under 3312 or
• Retests 3312–3314 as fresh resistance
FUSIONMARKETS:XAUUSD
Will the sharp rise and fall of gold become the norm?The 4-hour chart of gold shows that the price fell after rising, breaking through the middle track support, and at the same time breaking through the rising trend line, and the trend line break point coincides with the middle track position. The hourly chart shows a continuous rise of large positive lines. The K line started from below the moving average and broke through the resistance level strongly. The current positive line has been pushed up to above 3320, indicating that the bullish momentum has not been exhausted, and the moving average system is clearly arranged in a bullish position. Comprehensively judging, today's short-term gold strategy is recommended to focus on callbacks and low-long, with the focus on the 3340-3350 area resistance above, and the key support below is the 3280-3270 range.
Operation strategy:
1. Gold is recommended to go long near 3295-3300, with a stop loss at 3287 and a target of 3320-3350
GOLD (XAU/USD) – 30M Trade Setup – June 9, 2025Bias: Short (Bearish Pullback Continuation Under $3,320)
SELL SETUP
Entry:
Below $3,309 (break of minor local support and confirmation of bearish continuation)
Stop-Loss (SL):
$3,324 (above recent local high and structure resistance)
Take-Profit 1 (TP1):
$3,290 (early June low – first demand area)
Take-Profit 2 (TP2):
$3,270 (stronger support + 1.618 extension zone)
Technical Confluence
MACD:
Bearish crossover active
Histogram turning red again after a short relief push
RSI:
Hovering around 47, rejected from the neutral 50–55 zone
Still in a bearish regime under the midline
Price Action:
Lower highs and lower lows forming
Last bullish candle rejected near $3,320
Bearish momentum holding after brief retrace
Risk Rating: Medium
Structure is clean, but risk of chop increases if price holds above $3,310
Watch for reaction at $3,309 — potential fakeout zone
SMC/ICT/Elliott Wave Confluence – High Probability Gold SetupsDate: June 9, 2025
📍 Asset: XAU/USD (Gold) – Intraday Focus
🧠 Strategy: Confluence of Smart Money Concepts (SMC), Inner Circle Trader (ICT), and Elliott Wave Theory
🎯 Goal: Identify high-RR, high-confidence trades using structure, liquidity, and wave analysis.
Setup 1: Long from Demand Zone + Wave 4 Completion
Bias: Bullish continuation (Wave 5 projection)
Zone: $3,300–3,302 (1H Order Block + Fair Value Gap)
Confirmation: Bullish engulfing or pin bar on 5M
Entry: On 5M bullish confirmation within OB
Stop Loss: $3,295
Take Profits:
TP1: $3,330 (liquidity target)
TP2: $3,345 (Wave 5 extension zone)
Risk/Reward: 1:3 to 1:6
Setup 2: Short from Premium FVG + Bearish Reaction
Bias: Bearish reaction from overbought structure
Zone: $3,345–3,350 (FVG + Resistance)
Confirmation: Bearish rejection on 5M (engulfing/pin bar)
Entry: On rejection candle inside FVG
Stop Loss: $3,355
Take Profits:
TP1: $3,325
TP2: $3,290
Risk/Reward: 1:2 to 1:5
20250609-XAUUSD IdeaThe major time-frame correction has formed but did not break the previous high. Although it broke out of the descending channel, it also comes with a wedge pattern. Now, it's time to see how the major time-frame pullback will play out.
On the smaller time-frame, shorting along with the rising wedge pattern is fine, but pay attention to whether there are signs of a bullish reversal when the price returns to the top of the descending channel as it may act as a potential support level.
Long ideaDaily: We rejected from a Daily FVG (Daily TF) and found support with little to no pullback from the monthly trend, displaying the strong uptrend.
Today we still have bearish resistance off that reaction but bias is obviously bullish both short and long term facing mid trend, explaining why i'm expecting to long this area against the mid trend.
Gold support near 3280 remains strong!
⭐️Gold information:
Gold prices (XAU/USD) stabilized near $3,310 in early Asian trading on Monday, and gold prices struggled to gain momentum against the backdrop of renewed strength in the U.S. dollar (USD). As of press time, gold was around 3315 points. Although the strengthening U.S. dollar posed resistance to gold, lingering uncertainty surrounding President Trump's tariff strategy continued to provide some support for it.
On Friday, optimistic labor market data boosted the dollar and put pressure on dollar-denominated assets such as gold. The U.S. Bureau of Labor Statistics (BLS) reported that nonfarm payrolls increased by 139,000 in May, exceeding expectations of 130,000 and exceeding the revised 147,000 (originally 177,000) last month. The stronger-than-expected employment report dampened hopes for a near-term rate cut by the Federal Reserve and weighed on the appeal of gold prices.
⭐️Set gold price:
🔥Sell gold area: 3348-3350 SL 3355
TP1: $3340
TP2: $3330
TP3: $3320
🔥Buy gold area: $3281-$3279 SL $3274
TP1: $3292
TP2: $3300
TP3: $3315
Long Opportunity on XAU/USD (Gold) – Intraday SetupTechnical Insight:
Price broke structure to the upside (BOS) and formed a bullish internal structure (HH–HL)
Current pullback is approaching EPA + ILQ zone
Strong volume node at 3314 (ideal liquidity sweep area)
Bullish orderflow remains intact on 15m
Structure: ✅ Bullish
Efficiency: ❌ Inefficient (which increases probability of fill & reversal)
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📊 Bias: Long
🧠 Note: Consider confirmation candle or bullish momentum on entry zone.
💡 For educational purposes only – DYOR
📍 Entry Zone: 3314
🎯 Targets:
→ TP1: 3320
→ TP2: 3330
→ TP3: 3340
🛑 SL (Recommended): Below 3310 or structure invalidation
NQM June 9 Breakout in Play| Momentum Building Toward 22000📝 Description:
📅 Date: 09 June 2025
📊 Instrument: NQM2025 (Micro Nasdaq Futures)
NQM has successfully broken above the critical 21700 level, confirming a bullish breakout from the earlier consolidation zone (21605–21675).
This move has unlocked a fresh momentum zone — supported by strong bullish candles and higher timeframe RSI strength.
🔥 Active Bullish Outlook:
📌 Breakout Level: 21700 ✅
📈 Next Targets:
1)🎯 21850
2)🎯 22000
Above 22000
🛑 Temporary Pause Expected: 21980 – 22080
→ Market may range or pull back slightly in this zone
💥 Post-Pause Momentum: Targeting up to 22200
🔍 What to Monitor:
A clean breakout above 22000 may stretch up to 22020–22050, where we may see a short pause.
If the price holds above 21980, the next leg toward 22200 could begin.
Avoid chasing entries near 22000 — wait for either a dip to support or clear breakout continuation.
📊 Analysis Based On: Emperor Pivot + RSI Candle Setup
🔹 Emperor Candles confirm trend & Strength
🔹 Emperor Pivots define Buyer and Seller zones