๐ก Gold (XAU/USD) Breakout & Retest in Progress โ Key Decision Zone Today! ๐
๐ Live Market Snapshot (June 10, 2025):
Price: $3,323
After breaking out of a descending channel, gold is now retesting the $3,320 zone.
The market respected the $3,346 resistance and is testing previous support around $3,320 โ $3,300.
๐ Chart Observations:
โ Clean breakout from falling wedge/descending channel
๐ Resistance Zones: $3,346 and $3,365
๐ Support Zones: $3,320 and $3,285
๐ง Potential Setups:
โ Bullish if price holds above $3,320 and we see bullish candles โ Target: $3,346 / $3,365
โ ๏ธ Bearish below $3,300 โ Possible drop to $3,285 zone
๐ฌ What's Your Play?
Are you buying the retest or waiting for confirmation?
Comment below! ๐
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