Maintain bullish momentum, gold heading above 3400

6月4日

XAU / USD trend forecast JUNE 4, 2025

⚠️Gold prices have eased slightly on Tuesday, trimming some of the gains made on Monday, as the market responded to fresh U.S. labor data. The precious metal (XAU/USD) declined by over 0.80%, settling around $3,348 after briefly touching a daily high of $3,392. The downward pressure appears to be driven by signs of continued strength in the U.S. labor market, which were reflected in the latest economic release, as well as by renewed strength in the U.S. Dollar, which typically weighs on non-yielding assets like gold.

Investor sentiment turned more upbeat following the release of the latest Job Openings and Labor Turnover Survey (JOLTS), which indicated a notable increase in job vacancies for April — a sign that the labor market remains resilient. The upbeat data adds momentum to a week filled with important employment figures. Looking ahead, markets will closely watch Wednesday’s ADP National Employment Report for May, followed by the highly anticipated Nonfarm Payrolls report on Friday, both of which could further shape expectations for the Federal Reserve’s policy path.

⚠️ Gold price took liquidity yesterday and completed around 3330 price range, continuing to recover well today

🚨/// SELL XAU : zone 3409-3412

SL: 3417

TP: 50 - 100 - 300pips ( 3382 )

🚨/// BUY XAU : zone 3324-3327

SL: 3319

TP: 50 - 100 - 300pips ( 3354)


Safe and profitable trading

6月4日

交易進行

Strong selling pressure, gold price drops to below 3350

6月4日

交易結束：目標達成

ADP-NF is bad for dollars, gold price recovers 3360