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Xau Usd Price Action Update June 23 2025

XAU/USD Price Action Update – June 23, 2025

  • Admin
  • 23 June, 2025

Article overview

📊 XAU/USD Price Action Update – June 23, 2025
🔹Current Price: 3,351.86
🔹Timeframe: 1H

📌 Key Demand Zones:
🟢 3344–3347 – Active demand zone, currently being tested
🟢 3315–3225 – Major higher-timeframe demand
🟢 3293–3308 – Extreme demand base (last defense)

📌 Resistance to Watch:
🔺 3380 – Short-term breakout level for bullish continuation

⚡️Bullish Scenario:
Price is testing the 3344 demand zone with a possible bounce setup. A 1H close above 3380 could confirm a bullish reversal toward 3400–3420 levels.

⚠️Bearish Scenario:
Break and hold below 3344 may lead to deeper downside toward the 3315–3300 zone before any significant reaction.

🔍 FXFOREVER Insight:
✅ Price is sitting on strong support
✅ Watch for bullish engulfing or BOS from this zone
✅ Patience needed — let price confirm with structure shift

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