XAUUSD Technical Analysis 3rd June 2025 1h chart

XAUUSD Technical Analysis 3rd June 2025 1h chart
– Monday Daily candle closed strong Bullish at 3381.300 as price break and close above recent Daily Resistance and forming Daily Support at 3298.300.

– I’ll be looking for potential Buys above 3391.000 targeting Hourly Resistance at 3409.000 Leaving Runners to the Strong Key Level around 3425.000.


– I’ll be looking for potential Sells below 3369.200 targeting Hourly Support at 3355.200 Leaving Runners to the Strong 15min Support formed at 3343.200.


– Strong bullish momentum kicking off the new monthly candle for June — price has broken above recent weekly resistance. Is this the beginning of a larger move, or just a liquidity grab before reversal?