
Royale Capital™
June 17, 2025 at 09:58 AM
GOLD (XAU/USD) MARKET UPDATE
– Trading around $3,380–$3,385 on safe-haven interest.
– Current chart zones: $3,365–$3,375 (decisional), $3,350–$3,360 (order block).
– Israel–Iran tensions and the Fed meeting are key market drivers.
Potential outcomes:
– Bullish: If price holds above $3,375, target $3,440+.
– Bearish: If support breaks, price could revisit $3,300–$3,350.