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Jul 01, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Previously, we wrote; “Gold broke below the 3,300 support area and managed to briefly reach the 3,245 level. 

Currently, Gold is retracing its move back towards the-now-resistance area of 3,300. 

We expect a slight pull-back or, at least, slow down from current resistance levels.”

Gold managed to push slightly above the 3,300 resistance. We expect a slight push towards 3,350 before finding resistance once more. 

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