🟥Gold/ XAUUSD Price Prediction Next Week June 2026 (Price Analysis) #gold #xauusd #trading

本站添加: 2026-06-01

[00:00:06]Hello traders, welcome to another weekly gold XAU/USD price prediction and analysis video for next week.

[00:00:12]So, in this video we are going to analyze gold chart on different time frames and we are going to discuss important price action levels, price action structures that currently gold is following so that we can utilize these levels and structures in next week for finding possible buy and sell opportunities.

[00:00:30]So, as usually before going into the price action, we are going to discuss the latest COT that is commitment of traders report and we are looking at the net long and short holding of the managed money.

[00:00:48]So, as you can see for this week, if we see the net change into net long and short holding of the managed money, you can see that this week, the managed money they added 1383 contracts into the buy side, which is a positive sign.

[00:01:11]Also, if we see the net change into the short side, you can see this time they decreased their short holding by 2523, which is also a positive sign.

[00:01:23]But, if we see the overall pattern from previous few weeks, you can see right over here on this chart, this is net long and this is net short bar.

[00:01:36]So, as you can see from previous few weeks, they are continuously doing the same scenario or you can say following the same pattern.

[00:01:46]They decrease, then increase, decrease, increase, decrease, increase. So, as you can see the overall pattern, if we see the overall average of uh this particular period from here to here. You can see that the managed money, they are not consistently increasing or consistently decreasing uh their net long and short holding.

[00:02:12]They are just suffling from long to short and short to long.

[00:02:17]And we already seen the same on gold chart if we talk in terms of the price action. Price is also consolidating. So yes, we have not seen any consistent uh holding or you can say increase into the long or short.

[00:02:34]Same we are seeing for this week also.

[00:02:38]So if we see for the current week, it is currently positive, but we need a continuous pattern. Like if they continue increasing their long holding for two to three week, then that will be a good sign for long term.

[00:02:57]But for short term, we can't, you know, rely on this single data as of now. Yes, for this week, the data is positive and we can consider uh to wait for more data for next report. So right now, the COT report is looking good for this week.

[00:03:18]Also, if we see the volume and open interest for gold future, you can see for this week we have seen some spike in volume. Previously, the volume was low.

[00:03:29]But this week, we have seen some heavy volume in gold price and we have seen on the price action also. We have seen good volatility for this week. But as you can see right over here, the open interest decreased significantly.

[00:03:46]So yes, this is not a good sign.

[00:03:48]Open interest is decreasing and volume is increasing.

[00:03:53]Yes, we have seen some action, but from the open interest point of view, we need to wait because open interest is going down, so bulls need more uh you can say data and more clarity from the volume and open interest. Yes, we have some activity, no doubt.

[00:04:12]So, we have to reconsider and we have to watch this for next report.

[00:04:19]We can also track this on daily, and we already discussing that on Telegram channel from daily price analysis. Now, let's move on to the price action analysis and let's start with a daily time frame. And as you can see, this is the structure that we are following from previous few weeks.

[00:04:41]And as you can see, the price is trading inside this pattern.

[00:04:46]And as you can see in current closing week, we have a positive day closing as you can see.

[00:04:55]On Monday, you can see gold price tried to break out from uh this this resistance area because previously this was a good support area. The area resistance area that we are tracking is this roughly the area is from 4 4 5 5 0 roughly we can consider and 4 5 7 0 this area.

[00:05:25]Approximate we can consider this area.

[00:05:27]This is the higher side 4 5 7 0 right over here, this boundary. And this is the lower boundary.

[00:05:35]So, roughly price is respecting this area, and on Monday opening, we have seen price tried to break out on this area, but on next two on the next day that is on Tuesday price closed and reversed into the lower side of this resistance and on Wednesday we have seen continuation into the lower side because we have seen the failed attempt on Monday.

[00:06:08]On Thursday as you can see right over here if we see the Fibonacci levels for this particular period from this low to this high this is the 50% retracement and this is 60% retracement this level 4401 and the 50% is 4494 after this on Thursday we have seen that price respected this 60% retracement 4401 on daily closing but the closing was in red on Thursday we have seen that price again tried to break down this 60% 4401 but on closing price has reversed back on daily closing so price clearly respected this 60% retracement as you can see and closed above this level. Also if we see this area this level this was the previous swing low and this was a support as you can see on both days that is on Thursday and on Friday both closed well above this swing low the level around 445 4 4454 this level so as you can see on both day that that is on Thursday and on Friday price respected this swing low and closed above this and on Friday we have seen continuation because in both two days, that is on Thursday and Friday, we have seen a rejection and long lower week. On Friday we have seen another attempt on this resistance area that we discussed and again failed to close above this level. So now what we have to watch, we have to watch this level this high, that is Friday high, very carefully. If price not able to close or re-attempt this area, then we can expect a lower you can say lower levels in next week.

[00:08:28]Because as you can see on daily time frame, price is currently following or you can say forming this lower high, lower low, lower high, lower low kind of structure and this can be possibly a new lower high. So we can expect the structure to move like this.

[00:08:52]Also if as you can see we we the price is closed with a green closing, so yes, another attempt is possible.

[00:09:03]If there is a another attempt, we have to watch this level around 4 5 88 on Fibonacci levels. If price closed, then we have to wait attempt over to this diagonal resistance resistance and if breakout, then only a higher move possible. But if again failed like this then the lower levels we can see on on next week. So, overall on daily time frame price is currently trading inside this area.

[00:09:45]And we do not have a good clarity to move high. And we need to wait for to get more clarity on any breakout in higher side. So, on daily time frame the price is still stuck inside the correction to uh consolidation stage.

[00:10:07]So, we have to watch.

[00:10:10]And we have to act accordingly. So, on lower lower levels, what levels we have to watch? So, the first level in lower side is that we have to watch is 4454, this low.

[00:10:23]If price again reversed back from here and if closed under this level, then we can expect continuous in into the lower side and we can expect another lower low around this area.

[00:10:38]Around four 4300.

[00:10:42]Roughly we can consider this low.

[00:10:46]And on reaching here, we can expect and we can look for re-buy.

[00:10:54]Because ultimately price is currently trading inside >> [cough] >> Sorry.

[00:11:02]Price currently trading inside this pattern, so we can expect another test inside or at this level.

[00:11:12]And then we can look for a re-buying opportunity.

[00:11:16]But right now, the price is failing again to claim this area.

[00:11:21]So, overall structure is this. Price is currently in consolidation to correction phase again in daily time frame.

[00:11:31]So, now let's move on 4-hour time frame, and this is the structure on 4-hour time frame currently.

[00:11:38]And as you can see, price trading inside uh this pattern. You can see on pivots, also previously we have seen uh this uh descending formation on pivot.

[00:11:52]But on closing, we have a breakout on this pattern. And price is now currently reversing on lower time frame, that is on 4-hour time frame. And we can expect a test a retest on this resistance. And if we see any chance of a pullback, then a buying is possible on on pullback on intraday basis.

[00:12:16]But if price break down and reversed under this resistance, then clearly the price going to move down. And the levels that we have to watch 4480 or 4500.

[00:12:32]That is the psychological number that we have to watch, and price can reverse like this.

[00:12:37]So, on 4-hour, yes, price is currently in bullish scenario, but we have to wait for a pullback. Also, for the next day, the CPR level is making a ascending pattern. And if stays above this level 4540, that is on closing price, then we can expect attempt to Friday high.

[00:13:04]So, price action on 4-hour is also currently trying to take a pullback, and we have to wait for the pullback to test this level.

[00:13:16]And then we can decide how price going to react on this level.

[00:13:22]On weekly closing, you can see we have another red closing, we can say. But, price rejected from the lower level. If we see the body closing this week this particular week.

[00:13:40]And if we see another next week, we again see we again have seen the closing and test on this level again then on this week and this current closing we week we have seen a retest on this level around 4469, we can say.

[00:14:03]And price closed back above this level.

[00:14:07]Also, if we see the structure on weekly closing, this trend line is currently a resistance trend line on weekly.

[00:14:14]And price can, you know, stays like this on this pattern. And if we see a breakout on weekly closing, we can expect then a good move into the higher side. But, on weekly, as you can see, price is stuck inside this range and we have to wait for a breakout from the weekly closing basis. So, the structure is still inside the range on weekly closing also and we need to get more confirmation on either side like this or this.

[00:14:49]So, overall, we have a rejection and we can expect some continuation and like this pattern because the volume is still low compared to previous trading sessions. So, we have to consider that also.

[00:15:04]So, this is the overall price action on daily weekly and intraday. Price is currently trading again inside the consolidation to correction side and we have to wait for more clarity on live levels.

[00:15:21]Also, for next week, what data we have to watch for next For next week, we have to watch Monday, we have ISM Manufacturing PMI. On Tuesday, we have JOLTS job opening. On Wednesday, we have ISM Services PMI. And Friday, we have big data that is nonfarm payroll and unemployment rate that we have to watch very carefully. Along with this, we are also tracking the US Israel US Iran uh peace deal that is already impacting the gold price heavily, and we have to track that news closely.

[00:16:02]So, the structure clearly in consolidation to correction again, and we have to wait to get more clarity, and we can take these as intraday opportunities for next week. So, we are going to track more about the live levels and live price action live fundamental in live trading session in live trading session in Telegram channel.

[00:16:27]So, see you there. Thank you.