Gold Market Analysis for June 10, 2026

[OveFinance]

Gold Market Analysis for June 10, 2026​

Gold is hitting its targets perfectly, while those targets continue to shift progressively lower.

The immediate support level is in the 4075 area.

However, two put spreads have also been positioned in the 4027 zone.

 

[OveFinance]

Gold Forecast for June 11, 2026​

Gold has successfully reached its previously defined targets. However, a breakdown below the current low will shift the focus toward the second leg of the formation and the margin zone located near 3974.

I expect a reaction to price action once these levels are tested.

 

[OveFinance]

Gold Forecast for June 11, 2026​

We failed to test the recent lows, so we are shifting to a bullish scenario as gold attempts to consolidate above the 1/2 margin zone.

Should we confirm the breakout above this level, the targets for the upward margin cycle lie in the 4229 area, with the immediate target set at 4178.

 

[Fxrabbit]

very cool, and where are we going next? Is this a reversal in gold or has the correction been completed?

 

[OveFinance]

very cool, and where are we going next? Is this a reversal in gold or has the correction been completed?

Thread 'XAUUSD Analysis for June 15, 2026'

Jun 15, 2026

XAUUSD Analysis for June 15, 2026​

The previous hypothesis played out as expected; we reached the upper margin move limit, where price action consolidated toward the end of the week. However, subsequent news regarding Iran caused the metal to open with a gap, immediately testing the next margin zone and the previous consolidation area.

At this juncture, further upside momentum requires a clean breakout above the current margin zone.

ONLY a confirmed breakout above this area will clear the path toward the next targets at 4390 and the local key option level located...

• OveFinance
• Replies: 3
• Forum: XAU/USD (GOLD)