
Uniglobe Markets
June 13, 2025 at 06:30 AM
*XAU/USD Technical Overview*
Gold has exhibited a sharp upward thrust followed by mild consolidation. The moving averages are aligned bullishly, and RSI remains above 60, suggesting buying interest persists, though some correction may occur short-term.
Support and Resistance Levels
Resistance: 3425, 3480
Support: 3385, 3345
Buy Scenario
Sustained hold above 3385 with renewed momentum can target 3425 and possibly 3480.
Sell Scenario
Failure to hold above 3385 with breakdown toward 3345 could attract intraday bears, especially if volume increases on the downside.
