Gold under pressure: imminent rally or programmed pullback?

\Gold under pressure: imminent rally or programmed pullback? The 3,400\$ crossroads\

\Good evening, fellow traders – welcome back to this scorching summer… on the charts!\

Yes, it’s been a while since my last post. But you know how it goes: when gold is silent, it’s usually loading up a big move.
Meanwhile, I hope my previous analyses have kept you company — and more importantly, brought you value.
Spoiler: \I haven’t missed a single one.\

Before we begin: \drop a boost and leave a comment\. The community is our most precious gold.

📍 \Current Context\

XAU/USD is walking a tightrope between \3,400\$ and 3,440$\.
This is a pivotal level, surrounded by international tension, a weakening dollar, and volatile economic expectations.
The question is simple: \Are we heading for new highs? Or dipping to refuel first?\

🐂 \Bullish Scenario: eyes on 3,440$\

A clear breakout above \3.440$\ could trigger the next leg up.

🎯 \Target: 3,500\$ (new all-time high)\

• Geopolitical stress between \Iran and Israel\ remains unresolved
• The \US dollar\ is sluggish, inflation is creeping back in
• Markets are betting on a \Fed rate cut\
• Gold? It smells fear better than anyone

🐻 \Bearish Scenario: 3,400\$ must hold\

If buyers can’t defend the \3.400$\ level, we could see a step-by-step correction toward:

📉 \Bearish Targets:\
• 3,295\$
• 3,245\$
• 3,120\$
• 3,070\$

As long as price stays below \3,440$\, every bounce remains \a selling opportunity, not a moonshot fantasy\.

🌍 \Geopolitical Snapshot (16/06/2025)\

• Iran and Israel keep exchanging “gifts” — drones, missiles, and tension
• The dollar is losing safe-haven status, giving gold the spotlight
• Oil is back above \73$\, triggering renewed inflation concerns
• The Fed is increasingly likely to \cut rates\, weakening the dollar and reinforcing gold’s strength

📊 \Operational Summary\

| \Direction\ | \Trigger Level\ | \Target\ | \Strategy\ |
| --------------------- | ---------------------- | ----------------- | ------------------------ |
| \LONG (Buy)\ | Break above 3,440\$ | 3,500\$ | New ATH |
| \SHORT (Sell)\ | Below 3,400\$ | 3,295\$ → 3,070\$ | Technical pullback setup |

🎯 \Conclusion: the plan exists – just not the one you’re expecting\

Gold is standing at a major crossroads. Either it breaks out… or catches its breath.
But remember: \we’re traders, not prophets. We don’t predict — we react.\
I’m watching closely, ready to strike… with the right foot forward. Are you?

\Share your thoughts in the comments.\
\Drop a boost and support those who help you see beyond the candles every single day.\

\PipGuard\