Gold at a Decision Zone After Reaching Long-Term Targets
All Eyes on the Reaction to the Multi-Timeframe Breakdown Alignment
Technical Analysis on GOLD
June 11, 2025
Long-Term Outlook
After a steep and exponential rise, Gold has touched the monthly Fibonacci 300 target, a level that historically signals exhaustion or at least a pause in momentum. This is clearly visible on the weekly chart, where the long-term trend remains intact, but the market is extended.
On the daily timeframe, the bullish trend is still valid, though a short countertrend also remains in place.
Key chart - H4
The focus now is the green zone, where the breakdown of this daily countertrend aligns with clean breakdowns on both H4 and H1—creating a multi-timeframe reaction zone.
This zone may become a launchpad for a new expansion phase, with the following targets in sight:
Daily Fibonacci 100
H4 Fibonacci 161.8
However, if price breaks below the daily pivot zone (orange “D”), the structure shifts into the weekly correction zone. A deeper pullback would only be confirmed below the weekly pivot, which would invalidate the higher timeframe bullish structure.
In summary
Gold is close to a technical zone. Either the bulls reclaim this reaction zone for a continuation to the next targets, or a deeper correction begins. The reaction here will define the next phase—expansion or correction.
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