Gold Holds Above Key Support – Eyes Still on 3400 (READ CAPTION)

6月4日

By examining the gold chart on the 4-hour timeframe, we can see that the price successfully hit the $3367 target exactly as expected, and then corrected back to $3346. Currently, gold is trading around $3358, and if it can hold above $3350, we can expect further upside. Based on the previous analysis, the next bullish targets remain at $3367, $3380, $3391, and $3400. (Maximum support is always appreciated, my friends!)

6月4日

交易進行

The recent price action on gold confirms the importance of the $3367 level as a near-term resistance. The rejection and quick retracement to $3346 signals that profit-taking or short-term sellers are active around that zone. However, the fact that gold is currently holding above the $3350 support level is a bullish sign.

If we continue to see strong candle closures above $3350 on lower timeframes (1H–4H), it could serve as a launchpad toward the next resistance zones. Keep in mind that the momentum is still intact as long as $3340–$3350 holds.

Technical Bias: Bullish (above $3350)
Invalidation Level: A confirmed break below $3340 would weaken the current bullish outlook.
Watch closely: Price reaction near $3380–$3391 will be crucial for the $3400 breakout.

6月5日

交易結束：目標達成

✅ GOLD hit the $3367 target 🎯
✅ GOLD hit the $3380 target 🎯
✅ GOLD hit the $3391 target 🎯
✅ GOLD hit the $3400 target 🎯

All Targets Reached ✅