XAUUSD price is near the support zone 2280 - 2267. If the price cannot break through the 2267 level, it is expected that there is a chance that the price will rebound. Consider buying a red zone.
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✅Target 1 hit! ++216 pips
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✅Target 2 hit!
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✅Target 2 hit! ++514 pips
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Gold price has come back down to test the support level of 2309. If the price cannot break through the 2309 level, it is expected that there is a chance that the price will continue to rise.
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From the update on 13/6/2024, the price was able to come back up to test the 2336 resistance zone again. Important perspective: If the price cannot break through the 2336 level, there may be an opportunity to come down and test the 2306 support zone.
However, if the price can stay above 2268, we expect the gold trend to remain bullish.
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Gold has come down to test the support zone 2332-2325. If the price can remain above the 2325 level, it is expected that there is a chance that the price will continue to rise.
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