XAU / USD trend forecast JUNE 6, 2025
⚠️Gold prices trimmed earlier gains following reports of a constructive phone conversation between U.S. President Donald Trump and Chinese President Xi Jinping, during which the leaders primarily discussed trade-related matters. As of writing, XAU/USD is trading around $3,350, marking a modest decline of 0.72%.
President Trump described the call as positive on his social media platform, highlighting that discussions touched on the complexity of Rare Earth materials. He also mentioned that U.S. and Chinese delegations are expected to meet soon, with the venue yet to be finalized.
The encouraging tone of the dialogue improved overall market sentiment, leading to a pullback in gold prices as risk appetite strengthened. This came despite weaker-than-expected U.S. economic data, which could still reinforce expectations for a potential interest rate cut by the Federal Reserve later this year.
⚠️ Gold price is still maintaining an uptrend in H1 frame, the market is waiting for NF news today to continue to break through the 3400 mark.
🚨/// SELL XAU : zone 3402-3405
SL: 3410
TP: 50 - 100 - 300pips ( 3375 )
🚨/// BUY XAU : zone 3296-3293
SL: 3288
TP: 50 - 100 - 300pips ( 3323)
Safe and profitable trading
⚠️Gold prices trimmed earlier gains following reports of a constructive phone conversation between U.S. President Donald Trump and Chinese President Xi Jinping, during which the leaders primarily discussed trade-related matters. As of writing, XAU/USD is trading around $3,350, marking a modest decline of 0.72%.
President Trump described the call as positive on his social media platform, highlighting that discussions touched on the complexity of Rare Earth materials. He also mentioned that U.S. and Chinese delegations are expected to meet soon, with the venue yet to be finalized.
The encouraging tone of the dialogue improved overall market sentiment, leading to a pullback in gold prices as risk appetite strengthened. This came despite weaker-than-expected U.S. economic data, which could still reinforce expectations for a potential interest rate cut by the Federal Reserve later this year.
⚠️ Gold price is still maintaining an uptrend in H1 frame, the market is waiting for NF news today to continue to break through the 3400 mark.
🚨/// SELL XAU : zone 3402-3405
SL: 3410
TP: 50 - 100 - 300pips ( 3375 )
🚨/// BUY XAU : zone 3296-3293
SL: 3288
TP: 50 - 100 - 300pips ( 3323)
Safe and profitable trading
Trade active
Gold price fell 3320 after the US employment data increased. Continue accumulationTrade closed: target reached
Selling pressure at the end of the week caused gold prices to return to 3310, a long-term accumulation price zone.
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+w1S87P9rNEwzNzM1 "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+w1S87P9rNEwzNzM1 "
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.