Gold Spot / U.S. Dollar
Long
Updated

Gold price growth, target 3410

172
XAU / USD trend forecast JUNE 3, 2025

⚠️Gold surged to a more than four-week high on Monday, soaring to $3,377 with a 2.70% gain, as global markets turned risk-averse amid intensifying geopolitical turmoil. Heightened fears over the Russia-Ukraine war, fueled by Ukraine’s dramatic airstrike destroying Russian military aircraft, rattled investor confidence. Simultaneously, escalating US-China trade tensions—fueled by President Trump’s decision to hike tariffs on steel and aluminum imports to 50% starting June 4—sparked a flight to safety. With global equities under pressure, gold shined as the preferred hedge in a day dominated by fear and uncertainty.

⚠️ Gold price is on the rise, recovering. Breaking the nearest resistance, continuing to maintain good buying power, aiming above 3400 today.

🚨/// SELL XAU : zone 3410-3413

SL: 3418

TP: 50 - 100 - 300pips ( 3383 )

🚨/// BUY XAU : zone 3323-3326

SL: 3318

TP: 50 - 100 - 300pips ( 3353)



Safe and profitable trading
Trade active
The price touches 3333 and the reaction increases again

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