u/walshamy

GOLD (XAUUSD) 1H UPDATE

GOLD (XAUUSD) 1H UPDATE

Price is testing the order block at 4,155-4,170.

For gold to shift from bearish to bullish, I need ONE of these:

Path 1: price sustains above 4,170 → opens 4,195-4,205 and higher

Path 2: a dip, then a confirmed retest and hold around 4,130 → bullish push from there

Invalidation: failure to hold 4,130 keeps the bearish channel intact, with 4,105 next.

🎯 No confirmation, no trade. Let price show its hand.

u/walshamy — 9 days ago

Gold (XAU/USD) | 4H Technical Outlook

​

Gold is trading around $4,372 and remains inside a broader descending channel after the rejection from the $4,650–$4,680 zone.

Price is now approaching the key $4,400 resistance. A confirmed 4H breakout above this level could push Gold toward $4,480–$4,520, the next major supply zone.

On the downside, $4,280–$4,240 remains the key support area. A confirmed break below $4,240 could resume the bearish move toward lower levels.

Key Levels:

🔹 Resistance: $4,400 → $4,480–$4,520

🔹 Support: $4,280 → $4,240

🔹 Structure: Descending Channel

🔹 Trigger: Wait for 4H confirmation

u/walshamy — 28 days ago

XAUUSD FULL DAY PLAN - H1 BULLISH RECOVERY, BUT MOMENTUM IS SLOWING

Gold has delivered a strong H1 bullish recovery, moving from the 4,280 - 4,305 Major Demand Zone toward 4,510 before momentum started to slow. Price is now consolidating around 4,470, below the 4,480–4,500 Reaction Zone.

→ Reaction Zone: 4,480 - 4,500

A clear break and hold above this zone could support a move toward 4,510. Rejection may trigger a pullback toward support.

→ Nearest Support: 4,440 - 4,455

If this zone holds with a clear bullish reaction, Gold could retest 4,480 - 4,500 and 4,510.

→ Key Support: 4,365 - 4,375

A break below 4,440 - 4,455 could open the way for a deeper pullback toward this area.

→ Major Supply: 4,595 - 4,625

If Gold continues higher, this remains the main supply zone to watch for potential rejection.

H1 structure remains bullish, but momentum is slowing. The key levels are 4,480 - 4,500 for the reaction, 4,510 for continuation, and 4,440 - 4,455 for support.

u/walshamy — 1 month ago

How Will Gold Price Action Develop From Here?

🥇 Gold (XAUUSD) – H1 Update

Gold is currently trading around 4,640 and remains in a bullish structure, but price is consolidating after the recent strong move higher.

Key levels to watch:

4715–4722 — Major resistance / supply zone

4677 — Important resistance. A clean break above this level could open the way toward 4715–4722.

4560–4577 — Major support and an important area to watch for a bullish reaction. The ascending trendline also comes into play here.

What to expect?

If gold holds 4,560–4,577 and buyers step in, followed by a break above 4,677, the bullish move could continue toward 4,715–4,722.

On the other hand, a rejection from 4,677 followed by a break below 4,560 would weaken the current H1 structure and could trigger a deeper correction.

Current bias: Bullish, but consolidating.

For now, I’d avoid chasing price in the middle of 4,577–4,677 and wait for a clearer reaction around the key levels.

u/walshamy — 2 months ago

GOLD (XAUUSD) | Will We See a Correction?

Gold is maintaining its bullish structure, but price is now approaching a critical resistance area where sellers could step in.

Resistance Zones:-

🔸4,575–4,585

Nearest short-term resistance. Price has already shown rejection around this zone. A strong H1 close above it could open the way for further upside.

🔸4,595–4,610

Major resistance and the key target area of the current bullish move. If price reaches this zone, traders should watch the reaction carefully instead of chasing BUY positions.

Support Zones:-

🔸4,505–4,515

The most important near-term support, backed by the recent accumulation area. A correction into this zone followed by a bullish reaction could provide the setup for another upward move.

🔸4,470–4,480

Secondary support if price breaks below 4,505–4,515.

Overall Bias: Bullish while price holds above 4,500 and the rising trendline.

Correction Scenario:

A clear rejection from 4,575–4,610 could trigger a short-term pullback toward 4,505–4,515. If this support holds, buyers may attempt another push higher.

Key Levels to Watch:

4,575 → 4,585 → 4,600 → 4,610

4,515 → 4,505 → 4,480

The reaction at resistance will decide whether Gold continues higher or enters a deeper correction.

u/walshamy — 2 months ago

GOLD MARKET OUTLOOK – NEW WEEK

​

Gold remained highly volatile last week, with frequent BOS and CHoCH signals showing an ongoing battle between buyers and sellers.

After sweeping the 3,995–4,010 demand zone, strong buying pressure pushed Gold back above 4,100. However, price was rejected from the 4,098–4,118 supply zone, confirming that bullish momentum is still not fully established.

🔑 Key Levels:

🔺 4,148–4,165 — Major supply / premium zone

🔺 4,098–4,118 — Immediate resistance

⚖️ 4,075–4,085 — Equilibrium / decision zone

🔻 4,020–4,040 — Intermediate support

🔻 3,995–4,010 — Key demand zone

Outlook: H1 structure remains range-bound. A sustained break above 4,118 could strengthen the bullish case, while weakness below 3,995 may open further downside.

For now, patience is key — wait for a liquidity sweep and clear structural confirmation before choosing direction.

u/walshamy — 2 months ago

GOLD (XAU/USD) – Weekly Outlook

Gold is holding above a key long-term support area while remaining below a dominant descending trendline, leaving the market at a crucial technical crossroads.

A strong weekly close above support could pave the way for a rebound toward the 4,280–4,340 resistance region. However, if sellers force a confirmed breakdown below support, the broader bearish trend may extend toward 3,650–3,400 in the medium term.

Fundamentally, price action will likely be influenced by US–Iran geopolitical developments, upcoming Federal Reserve expectations, the US Dollar Index (DXY), and Treasury yields. Rising geopolitical uncertainty could boost safe-haven demand for gold, while easing tensions, higher yields, or a stronger dollar may keep downside pressure intact.

The upcoming weekly close is likely to set the tone for the next major move. Let the market confirm its direction before committing to a trade.

u/walshamy — 3 months ago

GOLD MARKET ANALYSIS (XAU/USD)

Timeframe: 5-Minute (5M)

Market Overview:-

Gold continues to trade inside a short-term ascending channel and is approaching a major resistance zone. Price is also testing a previous Order Block, making this area important for potential selling opportunities.

Technical Outlook:-

- 4068–4075 remains the primary sell zone.

- A bearish flag is developing, but confirmation is still pending. A breakdown below the pattern would increase the probability of further downside.

- If sellers defend the resistance, gold could decline toward 4050, with 4035 as the next downside target.

- A sustained breakout and close above 4080–4085 would invalidate the bearish setup and could open the door for further upside.

Trading Plan:-

Bias: Bearish (after confirmation)

Sell Zone: 4068 – 4075

Targets: 4050 → 4035

Invalidation: Close above 4080–4085

⚠️ Wait for bearish price action confirmation before entering any short position. Risk management remains essential.

u/walshamy — 3 months ago

MARKET ANALYSIS: GOLD (XAUUSD)

​

Timeframe: 1H

📊 Technical Outlook :-

• Gold continues to trade below the descending trendline, keeping the short-term bias bearish.

• 4030–4035 is the first resistance zone where sellers may step in.

• If bullish momentum extends, 4050–4055 becomes the key supply zone and offers a stronger selling opportunity.

• A rejection from either resistance could trigger a decline toward 3985, with 3968 as the next major downside target.

• A sustained breakout and close above 4085–4087 would invalidate the bearish setup and shift momentum in favor of buyers.

🎯 Trading Plan:-

Bias: Bearish 📉

Sell Zone 1: 4030–4035

Sell Zone 2: 4050–4055

Targets: 3985 → 3970

Invalidation: Close above 4085–4087

u/walshamy — 3 months ago

XAU/USD (Gold) Technical Analysis

​

Gold remains under bearish pressure, with price continuing to trade below the descending trendline and within a broader downtrend. The current rally appears to be a corrective pullback into a high-probability supply zone rather than a confirmed bullish reversal.

🔍 Technical Outlook:-

Sell Zone: 4108 – 4120

This zone aligns with both the descending trendline and a strong supply area, making it a key region to watch for bearish rejection. As long as the price remains below 4120, the downside bias remains intact.

🎯 Bearish Targets

Target 1: 4060

Target 2: 4045

Target 3: 4030 (Major Support)

A rejection from the sell zone could accelerate selling momentum toward these downside objectives.

❌ Invalidation

A strong 1H candle close above 4120 would invalidate the bearish setup and increase the probability of a move toward the 4170–4190 resistance zone.

📉 Market Bias: Bearish

u/walshamy — 3 months ago

XAUUSD Technical Analysis

Gold remains under bearish pressure after a sharp sell-off driven by changing geopolitical sentiment and broad profit-taking across the precious metals market. The decline has pushed price into a key demand zone, where buyers are attempting to stabilize the market.

Technical Outlook:-

Gold is currently holding above the 4045–4050 demand zone, creating the possibility of a short-term corrective rebound.

Key Resistance: 4085–4100

This zone is a major technical barrier, supported by:

- Previous support turned resistance

- Descending trendline resistance

- Institutional supply zone

- Recent breakdown area

As long as price remains below 4100, the overall short-term trend continues to favor sellers.

Bearish Scenario

If Gold fails to break and hold above 4085–4100, fresh selling pressure is likely to emerge.

Potential Downside Targets:

- TP1: 4035

- TP2: 4010

- TP3: Below 4000 if bearish momentum strengthens

A rejection from the resistance zone would confirm that the current bounce is only a corrective pullback within the existing downtrend.

Key Levels:-

Resistance: 4085–4100

Support:

- 4045–4050

- 4035

- 4010

Market Bias:-

Short-Term Bias: Bearish

Unless Gold establishes sustained acceptance above 4100, rallies are likely to attract sellers. The preferred strategy remains selling on strength rather than buying breakouts.

Key Takeaway

The 4085–4100 resistance zone is the key level to watch.

- ✅ A rejection could trigger another move toward 4035, 4010, and potentially below 4000.

- ✅ A decisive breakout and close above 4100 would weaken the bearish outlook and improve the chances of a broader recovery.

Patience around this resistance area may provide the highest-probability trading opportunity.

u/walshamy — 3 months ago

GOLD (XAU/USD) MARKET ANALYSIS

​

• Gold is trading within a descending channel, testing the 4,145–4,150 resistance zone.

• A rejection from this area could push price toward 4,100, with 4,070 as the next downside target.

• A 1H close above 4,150 followed by a successful retest would invalidate the bearish structure and open the way toward 4,200+.

• Bias remains neutral, with traders waiting for confirmation before entering.

• Fed expectations, U.S. economic data, the DXY, Treasury yields, and geopolitical developments remain the key catalysts for Gold's next move.

u/walshamy — 3 months ago

GOLD (XAU/USD) MARKET ANALYSIS

​

TECHNICAL OUTLOOK

Gold remains in a bearish intraday structure after failing to reclaim the 4,000 psychological level. Price continues to trade below the descending trendline, with sellers defending the 3,995–4,010 supply zone.

The 3,965–3,970 demand area is providing temporary support, but a decisive breakdown could accelerate selling toward lower support levels. Any recovery into the supply zone or broken trendline may present fresh short opportunities, provided bearish confirmation appears.

FUNDAMENTAL OUTLOOK

Gold remains highly sensitive to movements in the US Dollar Index (DXY), Treasury yields, and upcoming US economic data. A stronger dollar or renewed hawkish Fed expectations could keep pressure on gold, while weaker economic data or increased geopolitical uncertainty may boost safe-haven demand.

u/walshamy — 4 months ago

Gold Drops Below $4,000 as Strong Dollar Weighs on Bullion

​

Gold fell sharply on June 25, closing below the key $4,000/oz level as a stronger U.S. dollar and rising expectations of further Federal Reserve rate hikes pressured prices.

Gold futures settled at $3,990.30 per ounce (-3.4%), the lowest close since November. Higher rate expectations reduced demand for non-yielding assets like gold, while the stronger dollar added further downside pressure.

📊 Market Snapshot

• Gold Futures: $3,990.30/oz (-3.4%)

• Lowest close since November

• Stronger U.S. dollar

• Fed rate hike expectations remain elevated

• Focus on upcoming U.S. economic data and Fed commentary

u/walshamy — 4 months ago

GOLD ANALYSIS | 16 JUNE 2026

​

​

Gold is currently trading at a crucial technical level, with a potential Head & Shoulders pattern forming on the 1-hour timeframe. The market has already established the left shoulder, head, and right shoulder, while the 4300–4305 zone continues to serve as key neckline support.

​

At this stage, the bearish pattern remains unconfirmed. Confirmation will only occur if price breaks decisively below the 4300 neckline and sustains trading beneath it. Such a move would indicate weakening bullish momentum and could trigger increased selling pressure.

​

From a technical standpoint, the 4330–4340 region remains a significant resistance and liquidity zone. Sellers have repeatedly defended this area, preventing sustained upside movement. Unless gold successfully reclaims and holds above this resistance, rallies are likely to face renewed selling interest.

​

If the neckline support at 4300 gives way, the following downside targets may come into focus:

​

- 4270 – Initial support zone

- 4240 – Secondary bearish target

- 4220 – Extended downside objective

​

On the fundamental side, traders should closely monitor ongoing geopolitical developments and upcoming U.S. economic data releases, both of which remain key drivers of gold price volatility. Improving global risk sentiment could strengthen the bearish outlook, while renewed uncertainty or risk-off flows may delay or invalidate the breakdown scenario.

​

Key Levels to Watch

​

Resistance: 4330–4340

Neckline Support: 4300–4305

Bearish Targets: 4270 → 4240 → 4220

​

For now, all attention remains on the 4300 neckline. A decisive breakdown below this level would confirm the Head & Shoulders pattern and increase the likelihood of a deeper corrective move in gold.

u/walshamy — 4 months ago