Uniglobe Markets
Uniglobe Markets
June 5, 2025 at 06:52 AM
*XAU/USD Technical Overview* Gold (XAU/USD) remains range-bound on the hourly timeframe, with price struggling to sustain gains above 3380. The EMA ribbon has tightened, signaling consolidation. RSI near 46 supports a cautious stance. Support and Resistance Levels Support: 3350, 3315 Resistance: 3383, 3400 Buy Scenario Clear breakout and close above 3383 may lead to a test of 3400. Sell Scenario A drop below 3350 could see price testing 3315 support.
Image from Uniglobe Markets: *XAU/USD Technical Overview*  Gold (XAU/USD) remains range-bound on th...

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