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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

Gold 2.6.2025

Technical Analysis
Monday, June 02, 2025 - 13:26
Point Trader Group
Gold 2.6.2025

General Trend:

Gold bounced from the 3193–3222 support zone and now trades above it, gradually pushing toward 3356, supporting a bullish outlook as long as the rising trendline holds.

Expected Scenario:

Bullish Scenario:

- Holding above 3222 supports a move toward 3432 and then 3489.

Bearish Scenario:

- A break below 3193 and especially the trendline at 3120 could trigger deeper downside.

Key Levels:

Resistances: 3356 – 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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