๐ XAU/USD Update โ June 5, 2025
๐ Timeframe: 1H
๐ Current Price: $3,375.36
๐ Key Demand Zone:
๐ฉ 3321โ3331 โ Strong reaction zone; market structure respected this level multiple times
๐ข Note: Marked as "Wait for Confirmation" โ indicating a smart money interest area but no impulsive move yet
๐ Market Behavior:
Price dipped into the 3321โ3331 zone, grabbed liquidity, and now consolidating above it. A range is forming, which may lead to a breakout.
๐ Scenario Outlook:
โ Bullish Bias: As long as price stays above 3331, we can expect a move toward 3385โ3400
๐จ Bearish Shift: Clean break below 3320 would open up downside toward 3285 zone
๐ฏ High-Probability Setup: Wait for bullish confirmation on 15Mโ30M (e.g. bullish engulfing, BOS, or LQ sweep with strong reaction)
๐ฏ FXFOREVER Tip:
๐ This is a classic Smart Money โReaccumulationโ zone.
Let price show its hand before entering. Reaction from this zone could fuel the next leg higher.
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