Attachments: Gold with No Drama

Gold with No Drama

#59,021
Jun 23, 8:06pm (10 hr ago) Jun 23, 8:06pm (10 hr ago)

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 7,132 Posts

for longs dont mess with this price action. from 4380 to 4050 nearabouts in 4 days is quite a big fall. i am repeating again gold and silver move in cycyles. the upcycle was from nov 2022 to jan 2026. this maybe the start of the down cycle. still buy on dips for long term is preferred. 4015 followed by 3959 is next if we are to continue falling.

#59,022
Jun 23, 8:11pm (10 hr ago) Jun 23, 8:11pm (10 hr ago)

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 7,132 Posts

Quoting Pip.Sniper

Disliked

{quote} well Strange as isaid no BUYERS, so low liquidity has done wonders, but Gold Cloet 4050 there is lot of Buy orders one sweep will take out sellers average 20-40$ stop losses and you may think it is because of PCE or Rate Decision, if is simple logic Banks wants to buy and 4k is much cheater then 4500 to 5k so let see 4k hold then we will go for 4300agai if not we are out .. Trump is hell of a strategist, as a business man as a president he is moron according to the news his net worth is up 2.7B i just wonder where it all came from, his son...

Ignored

since march only his son has must have made 1 billion

#59,023
Jun 23, 8:22pm (9 hr ago) Jun 23, 8:22pm (9 hr ago)

shawkat2025
| Joined Sep 2025 | Status: Trader | 224 Posts

Quoting Deal

Disliked

{quote} At the open? Closed long time ago.... I said this zone was a buy zone... Is what i was waiting, now this 1h to me is crucial to see the potential to suceed or if we still can push a little more and they are using fractal open and not the close. In fact is 4h, but 1h is a pretty good clue, Open fractal is pointing 4037, so... I need validate the entry...

Ignored

I can see a little bounce on the 1H, maybe st Europe or London open.

#59,024
Jun 23, 8:25pm (9 hr ago) Jun 23, 8:25pm (9 hr ago)

Deal
Joined Nov 2024 | Status: Trader | 5,549 Posts

We will comeback here by other reasons...
4037 is not just a volume level, is also a weekly level at 4040
And this if 4h close below 4061/58 zone and for that plenty of time to check it.
Is impossible to me see price move straight line....
Is unsustainable, we should not want catch trends, but movements and be paid....
Any price movement in general is proportional if not averaged.

#59,025
Jun 23, 8:46pm (9 hr ago) Jun 23, 8:46pm (9 hr ago)

Deal
Joined Nov 2024 | Status: Trader | 5,549 Posts

Just a quarter, simply because 1h make me respect 4061 level break....
Maybe i hit the jackpot, maybe Be hit...
Take a nap, alert settle to 4037, back at london....
Safe trades.

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#59,026
Jun 23, 8:58pm (9 hr ago) Jun 23, 8:58pm (9 hr ago)

hykbooks
| Joined May 2025 | Status: Trader | 34 Posts

So are you now buying

#59,027
Jun 23, 9:43pm (8 hr ago) Jun 23, 9:43pm (8 hr ago)

Goldslave
Joined Jun 2025 | Status: One Line 4 Sessions | 1,144 Posts | Online Now

Quoting Goldslave

Disliked

{quote} Edit 4144 ...my invalidated for bear Wil see what asia intention....break 80 or 144 Sweep 4090 already...lol

Ignored

Not in position...except for runner to TP @ 4000_4030
Without sweep confirm....i see bearish in play further.

May sweep area happen @ NY.... to may timing the market.

No problem if i may miss the train.

Out now

Stay Gold

#59,028
Jun 23, 10:14pm (7 hr ago) Jun 23, 10:14pm (7 hr ago)

Tanisha.fx
| Commercial User | Joined Mar 2026 | 32 Posts | Online Now

Breaks Key 4100 Support, Targeting 4000!

Gold broke and sustained below the critical 4100 level → now heading toward the next major support zone 4000–4010.

Technical Levels:

Sell from highs while below 4100 → best setup → Primary target 4000
Break & sustain above 4100 → limited upside correction → Resistance at 4150–4170
Bias: Bearish while below 4100. 4000 is the next big level to watch.

Your view – straight drop to 4000 or recovery above 4100 first?
Not financial advice. Trade at your own risk.

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#59,029
Jun 23, 10:17pm (7 hr ago) Jun 23, 10:17pm (7 hr ago)

brokerbear
| Joined Jul 2014 | Status: Trader | 229 Posts | Online Now

BUY from 4062 with TP at 4090. SL BE

#59,030
Jun 23, 10:18pm (7 hr ago) Jun 23, 10:18pm (7 hr ago)

SibiSh
Joined Jun 2025 | Status: Trader | 1,922 Posts | Online Now

Quoting SibiSh

Disliked

{quote} Gold remains bearish after rejecting the key resistance zone around 4195-4215. Price has broken below the rising intraday trendline and is currently testing the support near 4124 indicating that sellers remain in control. The overall structure continues to print lower highs and lower lows within the descending channel while the recent bearish CHoCH confirms downside momentum. As long as price stays below 4195-4215 the active sell trade remains valid with a likely scenario of a minor pullback followed by further downside toward 4054 and potentially...

Ignored

4050 is support atm and now it can go up near 4100 and then down if not break 4100 properly

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Patience

#59,031
Jun 23, 10:20pm (7 hr ago) Jun 23, 10:20pm (7 hr ago)

Sruthin
| Joined Jun 2026 | Status: Trader | 2 Posts

Scared - where this gold falling.. all my big accounts with long positions hedged and taking profits.. now doing scalping only using the BOT.. Scalps always geeting good profits rather than taking long positions...

#59,032
Jun 23, 10:27pm (7 hr ago) Jun 23, 10:27pm (7 hr ago)

brokerbear
| Joined Jul 2014 | Status: Trader | 229 Posts | Online Now

Quoting SibiSh

Disliked

{quote} 4050 is support atm and now it can go up near 4100 and then down if not break 4100 properly{image}

Ignored

agree although I see resistance at 4080 level. A clean breakthrough will ope. 4100 and above.

#59,033
Jun 23, 10:37pm (7 hr ago) Jun 23, 10:37pm (7 hr ago)

shawkat2025
| Joined Sep 2025 | Status: Trader | 224 Posts

Quoting brokerbear

Disliked

{quote} agree although I see resistance at 4080 level. A clean breakthrough will ope. 4100 and above.

Ignored

No the most known resistance at 4095, this is a very important level it won't break of course will test then gow back to 4000 - 4015 area for support

#59,034
Jun 23, 10:38pm (7 hr ago) Jun 23, 10:38pm (7 hr ago)

brokerbear
| Joined Jul 2014 | Status: Trader | 229 Posts | Online Now

SELL from 4080 with TP at 4070, 4060 and TP3 AT 4055.

After we reach 4050 and 4040s careful! We might run down south into the 39s or become stagnant at low 4000s for the day

#59,035
Jun 23, 10:39pm (7 hr ago) Jun 23, 10:39pm (7 hr ago)

SibiSh
Joined Jun 2025 | Status: Trader | 1,922 Posts | Online Now

Quoting brokerbear

Disliked

{quote} agree although I see resistance at 4080 level. A clean breakthrough will ope. 4100 and above.

Ignored

yep you are right but H1 resitance is at 4098 if break properly then we can see 4120-24. Lets see and wait for more confirmation

Patience

#59,036
Jun 23, 10:44pm (7 hr ago) Jun 23, 10:44pm (7 hr ago)

brokerbear
| Joined Jul 2014 | Status: Trader | 229 Posts | Online Now

Xau is sO highly volatile that targets and reistance levels are adaptive. Ive jusr adjusted my TP to 4067 as i now dont see a further down side. I wanan protect my profit and fairly speaking. Once TP is hit i think im done for today. Already way above mt daily profit earnings

#59,037
Jun 23, 11:04pm (7 hr ago) Jun 23, 11:04pm (7 hr ago)

BeeTogether
Joined Oct 2020 | Status: Trader | 14,114 Posts | Online Now

Morning! Took profit from my short at 4080. Looking at a retrace before continuing down end target of 4000

Insane in the Brain..

#59,038
Jun 23, 11:13pm (6 hr ago) Jun 23, 11:13pm (6 hr ago)

brokerbear
| Joined Jul 2014 | Status: Trader | 229 Posts | Online Now

SELL 4095 with tp ay 4083

#59,039
Jun 23, 11:20pm (6 hr ago) Jun 23, 11:20pm (6 hr ago)

SibiSh
Joined Jun 2025 | Status: Trader | 1,922 Posts | Online Now

Quoting BeeTogether

Disliked

Morning! Took profit from my short at 4080. Looking at a retrace before continuing down end target of 4000

Ignored

Morning mate... my sell was from 4121 and tp was 4050 but missed with few cent but i closed it manually and then added a buy with TP of 4099..
i am waiting for the break of 4100 for some upward movement and then will enter in sell..
Target will be 4010 if it will be rejected from top
Watch H1 resistance at 4098 and H4 resistance at 4121

Patience