XAUUSD Technical Analysis 5th June 2025 1h chart

XAUUSD Technical Analysis 5th June 2025 1h chart
– Wednesday Daily candle closed Bullish at 3372.100 failing to close above recent Daily Resistance.

– I’ll be looking for potential Buys above 3380.500 targeting Hourly Resistance formed at 3391.500 Leaving Runners to the 15min Resistance formed on 8th May 2025 around 3404.800.


– I’ll be looking for potential Sells below 3365.500 targeting recent Hourly Support at 3352.500 Leaving Runners to the 4h Rejection formed at 3343.000.


– The daily candle failed to close above recent resistance — signaling hesitation from buyers at a key level. Could this be price holding and waiting for NFP on Friday before making its next move? A deeper pullback or a strong breakout could follow, but patience is key. The next few sessions will be critical.