Gold 1H Outlook: Key Rejection at \$3,400, Eyes on Support Zone

6月3日

This chart shows the 1-hour (1H) price action for **Gold (XAU/USD)** as of **June 3, 2025**. It incorporates key technical indicators and price zones relevant for short-term trading or analysis. Here's a detailed breakdown:

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### 📈 **Chart Components and Analysis**

#### 1. **Trendline & Price Action**

* A **resistance trendline** is drawn connecting recent higher highs, indicating a bearish breakout when price rejected the upper trend.
* Price spiked above the trendline briefly but sharply reversed from a key area, suggesting **strong seller pressure** near the recent highs (\~\$3,400).

#### 2. **Order Blocks (OBs)**

* **Bearish OB (Order Block)**: Located just below the \$3,400 level. This zone marks a strong supply area where institutional selling likely occurred, leading to the recent drop.
* **Bullish OB**: Around the \$3,320–\$3,340 zone. This represents a demand area where buyers previously stepped in, possibly creating a support base.

#### 3. **Support Zone**

* A **broad support zone** is shown in green between approximately **\$3,250 and \$3,270**.
* This zone was tested previously and held firm, suggesting potential for bullish activity if price retraces deeply.

#### 4. **Moving Averages (EMA 20/50/100/200)**

* The EMAs are color-coded:

* **20 EMA**: \$3,355.466 (red)
* **50 EMA**: \$3,347.451 (orange)
* **100 EMA**: \$3,333.973 (cyan)
* **200 EMA**: \$3,318.522 (blue)
* Price is currently trading between the 20 and 50 EMA, indicating a potential decision point (either breakout or pullback).

#### 5. **Price Scenarios**

* Two potential scenarios are drawn with arrows:

* **Bullish Scenario**: Price bounces from the blue highlighted zone (minor demand) and targets the bearish OB.
* **Bearish Scenario**: Price breaks down through the minor support and heads toward the **bullish OB** or **support zone**.

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### 🧭 **Trading Implication**

* **Short-term Bias**: Neutral to Bearish unless price reclaims and holds above \$3,355 (20 EMA).
* **Key Levels to Watch**:

* Resistance: \$3,380–\$3,400 (bearish OB)
* Support: \$3,340–\$3,320 (bullish OB), then deeper at \$3,250–\$3,270

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Would you like this analysis updated for future movements, or should I generate trading signals based on this setup?

6月5日

交易結束：目標達成

Target Achieved:
The downward movement from the resistance zone to the support zone suggests that the short-term target mentioned in the title—"Eyes on Support Zone"—has been successfully achieved.