Gold 17.6.2025
General Trend:
Gold faces strong resistance at 3399 after an extended bullish wave from 3120, with the rising trendline still intact.
Expected Scenario:
Bullish:
- A breakout above 3399 could open the path to 3432 then 3489.
Bearish:
- A break below the trendline and 3193 may trigger a drop toward 3120.
Key Levels:
Resistances: 3399 – 3432 – 3489
Supports: 3222 – 3193 – 3120
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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