📌 Description:
Gold (XAUUSD) formed a clear accumulation zone between $3,360 and $3,376 before breaking out with strong bullish momentum. Price rejected from the key resistance zone around $3,384, then retested demand and launched upward, breaking short-term structure.
🔍 Chart Highlights:
Strong rejection from demand zone (green box)
Break above previous liquidity (marked in red)
Impulsive breakout with minor pullback
Current price at $3,395 — watch for retest near $3,384 for continuation
📈 Bias: Bullish
📆 Date: June 5, 2025
🕒 Timeframe: 5-Min
Gold (XAUUSD) formed a clear accumulation zone between $3,360 and $3,376 before breaking out with strong bullish momentum. Price rejected from the key resistance zone around $3,384, then retested demand and launched upward, breaking short-term structure.
🔍 Chart Highlights:
Strong rejection from demand zone (green box)
Break above previous liquidity (marked in red)
Impulsive breakout with minor pullback
Current price at $3,395 — watch for retest near $3,384 for continuation
📈 Bias: Bullish
📆 Date: June 5, 2025
🕒 Timeframe: 5-Min
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.