🟡 XAUUSD (Gold) – Technical Analysis | June 2, 2025
Gold is currently trading near $3380, maintaining a bullish structure in the short term.
🔹 Immediate Resistance: $3405
🔹 Immediate Support: $3332
📈 Trend Bias: Bullish above $3332
🎯 Upside Targets: $3420 / $3456
⚠️ Break Below $3332: Could open downside toward $3305
🔍 Trade Plan:
A breakout and candle close above $3405 could trigger bullish momentum.
However, failure at this resistance might lead to consolidation or a short-term pullback.
💡 Keep an eye on price action near these levels for clearer confirmation.
Gold is currently trading near $3380, maintaining a bullish structure in the short term.
🔹 Immediate Resistance: $3405
🔹 Immediate Support: $3332
📈 Trend Bias: Bullish above $3332
🎯 Upside Targets: $3420 / $3456
⚠️ Break Below $3332: Could open downside toward $3305
🔍 Trade Plan:
A breakout and candle close above $3405 could trigger bullish momentum.
However, failure at this resistance might lead to consolidation or a short-term pullback.
💡 Keep an eye on price action near these levels for clearer confirmation.
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.
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.