XAUUSD 15Min Analysis – June 2
Price broke out of the descending channel and tapped into a potential reversal zone. Still respecting the gap zone below, which may act as a magnet for price. Key levels ahead:
Watch for reaction at the 3316–3331 resistance
Clean breakout = bullish continuation
Rejection = short opportunity back to gap zone
📌 Bias: Short-term bullish to key resistance zone, then watch for reversal
🕳 GAP below = high chance of revisit
⏳ Waiting for confirmation before re-entry
Price broke out of the descending channel and tapped into a potential reversal zone. Still respecting the gap zone below, which may act as a magnet for price. Key levels ahead:
Watch for reaction at the 3316–3331 resistance
Clean breakout = bullish continuation
Rejection = short opportunity back to gap zone
📌 Bias: Short-term bullish to key resistance zone, then watch for reversal
🕳 GAP below = high chance of revisit
⏳ Waiting for confirmation before re-entry
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