📊 XAU/USD Price Action Update – June 18, 2025
🔹Current Price: 3,386.58
🔹Timeframe: 1H
📌 Key Resistance Zone:
🔴 3406 – Intraday breakout level; needs a strong candle close above for bullish continuation
📌 Key Demand Zones:
🟢 3338–3342 – First support zone to watch if price drops
🟢 3319–3324 – Major demand; deeper pullback area for long entries
⚡️Bullish Scenario:
Price is consolidating in a tight range. A strong 1H close above 3406 could trigger a breakout targeting 3405.63 and beyond.
⚠️Bearish Scenario:
If price fails to close above resistance and breaks below the range, a drop toward 3338 or even 3319 could follow — confirmation needed before shorting.
🔍 FXFOREVER Insight:
✅ Price is ranging; don’t trade inside the box
✅ Wait for clean break and retest from either side
✅ Monitor structure shifts on 15M–1H timeframe for confirmation
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