đ¸ Gold Price Action Analysis â June 9, 2025
Gold is currently maintaining a bearish structure on the H4, H1, and M15 timeframes, supporting a short-term sell bias. However, on the Daily and Weekly charts, price remains in a range-bound phase, allowing for both buying and selling opportunities at key levels â but only with proper confirmation.
đģ Sell Zones:
-
3330 Level
-
H1 order block + Fibonacci golden zone (50%)
-
Considered an AA setup â valid, but not the highest probability
-
Proceed with risk management
-
-
3350â3360 Zone
-
Distribution area with order blocks and liquidity
-
Another AA setup area; ideal for short entries upon valid confirmation
-
đē Buy Zones:
-
3295 Level
-
Liquidity zone with Fair Value Gap (FVG)
-
Potential AAA setup, but due to large liquidity below, treat as BBB unless strong confirmation appears
-
-
3260â3265 Zone
-
Strong confluence of liquidity, order blocks, and a Daily RBS (Resistance Becomes Support) level
-
Marked as a high-probability AAA setup for long entries with valid confirmation
-
â ī¸ Important Note:
đĢ No entry should be taken at any zone without volume confirmation.
â Wait for one of the following volume confirmation signals:
-
TBR (Trap Break and Reverse)
-
Shakeout Test
-
EVR (Effort vs. Result)
-
Climactic Action Bar
đ Strictly follow volume-based confirmation as taught in MJ FOREX ACADEMY for all entries.
đ Summary:
-
Bias: Bearish in short-term; range-bound on higher timeframes.
-
Sell Zones: 3330 (AA) and 3350â3360 (AA)
-
Buy Zones: 3295 (BBB) and 3260â3265 (AAA)
-
Rule: No trade without volume confirmation
Stay patient, disciplined, and follow your system. â