📊 XAU/USD 1H Technical Outlook – 4 June 2025
🔸 Current Price: 3360.99
🔸 Bias: Bullish (Above 3350 support zone)
🔸 Resistance Zone: 3380–3392
🔸 Support Zone: 3332
🔸 Possible Target Area: 3425–3430
🔸 RR Potential: ~2.77%
🔍 Key Observations:
✅ Break of Structure (BOS) confirms bullish continuation
✅ Change of Character (CHoCH) near support area suggests bullish reversal
✅ RSI holding above 50 – shows strength in trend
✅ Ichimoku Cloud Support – price bounced off the cloud
📈 Trading Idea: If price holds above 3350–3360, we may see a continuation toward the 3425–3430 zone.
Break above 3392 (previous weak high) will be the confirmation for this move.
⚠️ As always, manage your risk and wait for confirmation before entering trades.
📚 This analysis is for educational purposes only – not financial advice.
🔸 Current Price: 3360.99
🔸 Bias: Bullish (Above 3350 support zone)
🔸 Resistance Zone: 3380–3392
🔸 Support Zone: 3332
🔸 Possible Target Area: 3425–3430
🔸 RR Potential: ~2.77%
🔍 Key Observations:
✅ Break of Structure (BOS) confirms bullish continuation
✅ Change of Character (CHoCH) near support area suggests bullish reversal
✅ RSI holding above 50 – shows strength in trend
✅ Ichimoku Cloud Support – price bounced off the cloud
📈 Trading Idea: If price holds above 3350–3360, we may see a continuation toward the 3425–3430 zone.
Break above 3392 (previous weak high) will be the confirmation for this move.
⚠️ As always, manage your risk and wait for confirmation before entering trades.
📚 This analysis is for educational purposes only – not financial advice.
Trade active
Trade hit 350 + pips In bullish Side price Breaks Resistance Area Now Focus on target.
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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.
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.