Gold Pauses After Rally; Focus on 52-Day Moving Average【June 16, 2025】
Fundamental Analysis
The geopolitical risk in the Middle East remains elevated.
Market participants are closely watching whether the U.S. will become involved in the conflict.
The cautious stance of the U.S. adds further uncertainty to the outlook.
XAUUSD Technical Analysis
Analyzing the daily chart of gold.Gold has broken out of the trendline, but has temporarily pulled back after reaching the 61.8% Fibonacci expansion level.Last week’s exchange of attacks between Iran and Israel drove gold higher as a safe-haven asset.
Currently, the risk-off sentiment has calmed.
The 52-day moving average is acting as a support level, and the upward trend remains intact.
In the medium to long term, gold appears likely to continue rising. The 3,450USD level, corresponding to the 61.8% Fibonacci expansion, will likely act as strong resistance.If gold surpasses 3,450USD, the next target zones will be the all-time high at 3,500USD and the 100% Fibonacci level at 3,650USD.
XAUUSD/Daily
Day Trading Strategy (1-Hour Chart)
Analyzing the 1-hour chart of gold:After reaching 3,450USD, gold has drifted lower amid a lack of fresh catalysts.The 52-day moving average continues to act as support.The RSI is around 50, and if the upward trend continues, buying on dips is expected to intensify.
On the other hand, if the price breaks below the 52-day moving average, a deeper correction may follow, potentially pushing prices down to around 3,385USD.Heading into the New York session, the preferred strategy is dip buying.Buy limit: around 3,385USDTake profit: around 3,400USDStop loss: below 3,380USD
USDJPY／1H
Support and Resistance Levels
Support and resistance levels to watch going forward:
3,450USD – Recent high
3,385USD – Fibonacci level
Market Sentiment
XAUUSD
- 42% short ／ 58% long
Key Economic Events Today
| Event／Indicator | Time（JPT） |
| --- | --- |Canada – Housing Starts21：15U.S. – NY Empire State Manufacturing Index21：30
Risk Disclaimer
This analysis is for educational purposes only and does not constitute investment advice. Trading forex and CFDs involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results.
This analysis is for educational purposes only and does not constitute investment advice. Trading forex and CFDs involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results.
