FenzoFx—Gold dropped from the $3,376.0 resistance, a level reinforced by the anchored VWAP. June’s bounce at $3,250.0 marks a key support for the broader bullish trend.
If the $3,250.0 support holds, XAU/USD can potentially resume its uptrend. However, a close below $3,236.6 would invalidate the bullish scenario.
If the $3,250.0 support holds, XAU/USD can potentially resume its uptrend. However, a close below $3,236.6 would invalidate the bullish scenario.
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