π XAU/USD Update β June 5, 2025
π Timeframe: 1H
π Current Price: $3,375.36
π Key Demand Zone:
π© 3321β3331 β Strong reaction zone; market structure respected this level multiple times
π’ Note: Marked as "Wait for Confirmation" β indicating a smart money interest area but no impulsive move yet
π Market Behavior:
Price dipped into the 3321β3331 zone, grabbed liquidity, and now consolidating above it. A range is forming, which may lead to a breakout.
π Scenario Outlook:
β Bullish Bias: As long as price stays above 3331, we can expect a move toward 3385β3400
π¨ Bearish Shift: Clean break below 3320 would open up downside toward 3285 zone
π― High-Probability Setup: Wait for bullish confirmation on 15Mβ30M (e.g. bullish engulfing, BOS, or LQ sweep with strong reaction)
π― FXFOREVER Tip:
π This is a classic Smart Money βReaccumulationβ zone.
Let price show its hand before entering. Reaction from this zone could fuel the next leg higher.
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