XAUUSD Analysis for June 30, 2026

[OveFinance]

XAUUSD Analysis for June 30, 2026​

Yesterday's forecast did not materialize; we failed to reach even the intraday balance levels. We moved straight to the 1/2 margin zone and lower during the Asian session. However, despite the breach of recent lows and the move below the 1/2 zone, there was no clearing session close below it, meaning we technically remain in an upward cycle.

For now, I am waiting for the Asian session price action to conclude. If I see a reversal pattern forming around the open levels, I will look for long entries again toward the balance debt area of 4083-4094.

(Overall, I believe there is currently less liquidity to the downside from an options perspective.)

 

[OveFinance]

Gold Analysis for July 8, 2026​

False breakout of the strike.
Now monitoring 4077 (this represents a quarter of today's local low).
If the price pushes higher, there is a high probability of a retracement to the 1/2 level to avoid closing below the zone before the clearing session.