📌 XAUUSD – 1H Chart Update | June 5th, 2025
Gold is consolidating within a triangle pattern, with price respecting key structure levels and showing signs of potential breakout. Despite a bullish bias, the Stochastic oscillator remains in the overbought area, signaling a possible short-term pullback before continuation.
🟧 Key Technical Highlights:
Price is consolidating near the triangle’s apex — a breakout is imminent.
Bullish breakout target: 3,392–3,410 Supply Zone.
Breakdown potential: revisit to Demand Zone at 3,340 or deeper to 3,306–3,246.
Overbought Stochastic supports the scenario of a pullback before bullish continuation.
📊 Upcoming Fundamental Catalyst:
🔥 NFP Data – Friday, June 7th (High Impact)
Strong NFP → USD strengthens → Gold may drop
Weak NFP → USD weakens → Gold may rally
Traders are likely to remain cautious ahead of the release, potentially leading to choppy or range-bound price action until the data is out.
🧠 Trading Strategy:
Wait for breakout confirmation with volume.
If price rejects the upper triangle, prepare for a retest toward Buyer Zone.
If breakout occurs after NFP with bullish momentum, target 3,392 and above.
Stay sharp, trade smart, and manage your risk — especially heading into NFP!
Disclaimer ON
Gold is consolidating within a triangle pattern, with price respecting key structure levels and showing signs of potential breakout. Despite a bullish bias, the Stochastic oscillator remains in the overbought area, signaling a possible short-term pullback before continuation.
🟧 Key Technical Highlights:
Price is consolidating near the triangle’s apex — a breakout is imminent.
Bullish breakout target: 3,392–3,410 Supply Zone.
Breakdown potential: revisit to Demand Zone at 3,340 or deeper to 3,306–3,246.
Overbought Stochastic supports the scenario of a pullback before bullish continuation.
📊 Upcoming Fundamental Catalyst:
🔥 NFP Data – Friday, June 7th (High Impact)
Strong NFP → USD strengthens → Gold may drop
Weak NFP → USD weakens → Gold may rally
Traders are likely to remain cautious ahead of the release, potentially leading to choppy or range-bound price action until the data is out.
🧠 Trading Strategy:
Wait for breakout confirmation with volume.
If price rejects the upper triangle, prepare for a retest toward Buyer Zone.
If breakout occurs after NFP with bullish momentum, target 3,392 and above.
Stay sharp, trade smart, and manage your risk — especially heading into NFP!
Disclaimer ON
交易开始
UPDATE PREVIOUS ANALYSIS🧠 Running Trade :
Open : 3384
TP :3407
SL : 3364
Disclaimer ON!
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