📈 Gold (XAU/USD) Update – June 2, 2025
Gold prices have risen by 1.75%, reaching $3,349.65 per ounce, approaching the all-time intraday high of $3,500.05 set in April.
🔍 Market Insights:
Resistance Levels: $3,366, $3,400, and $3,480
Support Levels: $3,267, $3,200, and $3,150
📊 Trading Strategy:
Buy Entry: Consider buying near the support level of $3,210, targeting $3,400, with a stop loss at $3,160.
Sell Entry: Consider selling near the resistance level of $3,370, targeting $3,280, with a stop loss at $3,400.
⚠️ Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making trading decisions.
