6/13 Gold Analysis and Trading Signals

5 gün önce

Good morning, everyone!

Gold rallied to around $3399 during yesterday’s session, accurately reaching our preset sell zone at 3385–3403. Since then, the market has started pulling back, and today’s opening shows signs of accelerated downside movement. However, there are several strong support zones below, with immediate focus on 3378–3368, and further support around 3352–3343.

📉 Technical Outlook:
The current price action suggests the potential formation of a Head and Shoulders pattern. If confirmed, this could trigger a deeper correction towards 3340–3330. A break of these levels would significantly weaken the current bullish structure and open further downside risk.

🌍 Fundamental Drivers:

Today’s inflation-related data releases may add significant volatility;

Additionally, stay alert to any developments in the Middle East geopolitical situation, which could quickly shift market sentiment toward risk-off if escalations occur.

📌 Today’s Trading Recommendations:

✅ Sell Zone: 3410–3420

✅ Buy Zone: 3338–3326

🔄 Intraday Key Reaction Levels:

3403 / 3378 / 3362 / 3355 / 3343

🔒 Recommendation: Market is at a technically sensitive zone. Consider entering positions in batches and maintain strict risk control.

5 gün önce

İşlem aktif

As news of Israel's strike on Iran’s nuclear facility continues to spread, a surge in risk-off sentiment has driven noticeable gains across safe-haven assets. The escalation of tensions in the Middle East has clearly become a key trigger for current market sentiment. Should the conflict intensify further, oil and other safe-haven assets may see continued upside; conversely, if tensions ease, the retreat of risk aversion could lead to price corrections.

From a technical perspective, gold is currently facing downward pressure from the weekly trendline. If geopolitical tensions persist, gold may potentially rally toward the 3500–3550 range. However, without stronger fundamental support, a significant correction could follow once that level is reached.

On the intraday chart, the price has now broken below the middle Bollinger Band on the 30-minute timeframe and is near lower band support around 3413. MACD and moving average alignment suggest there may still be room to test the 3396–3388 trend support zone. The 1-hour chart remains in a consolidation phase, and while a short-term rebound is possible, selling at higher levels appears to be the safer strategy for today.

As it is Friday and given the geopolitical uncertainties, the potential for weekend risk is significantly higher. It is recommended to reduce exposure before the market closes. If you choose to hold positions over the weekend, be sure to set appropriate stop-losses to mitigate unexpected developments.