Gold Analysis & Trading Strategy | June 18GoldOANDA:XAUUSDGoldTrend_MasterπHello traders! Iβm Jack Blackwell, with 15 years of experience in analysis and trading in the futures and forex markets. Below are my technical analysis views based on the current XAUUSD (4H and 1H timeframes) chart structure. β 4-Hour Trend Analysis From the 4-hour chart, gold previously rallied to a high near 4382, but following the Federal Reserve interest rate decision, safe-haven sentiment quickly cooled, triggering a sharp sell-off from the highs. The price plunged to a low of 4218.99, with an intraday range exceeding 160 dollars. This decline completely erased the gains accumulated over the previous several trading sessions, indicating significant profit-taking at higher levels and reflecting a market repricing of future rate-cut expectations. Although the price has rebounded from the 4218 area and moved back above 4250, it remains below the MA5 and MA10 moving averages. The 4-hour structure has shifted from a high-level consolidation phase into a corrective downtrend, and the current rebound should be viewed as a technical recovery rather than a trend reversal. β 1-Hour Trend Analysis On the 1-hour chart, gold experienced a waterfall-like decline following the Fed decision. After finding support at 4218.99, the price quickly attracted buying interest. However, despite the noticeable oversold rebound, the market has yet to reclaim the key resistance levels at 4300 and 4330, while the moving averages remain in a bearish alignment. π΄ Key Resistance Levels β 4280β4300 (first resistance zone) β 4330β4355 (key resistance zone) β 4382 (major structural resistance) π’ Key Support Levels β 4235β4219 (current key support zone) β 4170 (next target support level) β 4024 (previous major low) β Trading Strategy Reference π° Short Position Strategy (Sell the Rebound) π SELL Zone 1: 4280β4300 π SELL Zone 2: 4330β4350 π― Targets: 4254 β 4219 β 4170 π Reason: Bears remain in control following the Fed decision + weakening 4-hour trend structure + heavy overhead supply above 4300. π° Long Position Strategy (Oversold Rebound Trading) π BUY Zone 1: 4220β4240 π BUY Zone 2: 4170β4190 π― Targets: 4280 β 4300 β 4330 π Reason: Strong short-term support around 4219 + potential for a technical rebound after an oversold decline. β οΈ Trend Outlook π If the price regains and holds above 4300, the panic selling phase may be over, with rebound targets at 4330 and 4355. π If the price breaks above 4330 and establishes support there, gold may have an opportunity to retest the 4382 high. π If the price falls below 4219 again, it would indicate that the bearish impact of the Fed decision is still unfolding, opening the door toward 4170 and potentially 4100. π Gold market conditions change rapidly, and seizing opportunities is essential! If you feel confused or uncertain about the current market trend, you can follow our trading approach and gain access to real-time trading signals, professional strategy support, and in-depth market analysis. We are here to help you improve your trading efficiency, navigate the markets with greater confidence, and achieve more consistent and stable trading results.