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Jun 23, 2025

XAUUSD chart on the hourly time frame

XAUUSD chart on the hourly time frame

Previously, we wrote; “Gold pulled lower as expected, but closer to 3,350. 

Currently, Gold prices are extended and subject for a recovery back to 3,370-3,380.”

Gold managed to stage a recovery 3,370-3,380.

Now, we see the 5-day decline in Gold continues to show weakness in negative momentum and is subject to see further recoveries. Our upside trigger to confirm this scenario is 3,375.


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