Gold Spot / U.S. Dollar
Long
Updated

Fibonacci extension, sell gold 3375

94
Plan XAU day: 23 June 2025

Related Information:!!!

Gold price (XAU/USD) maintains its bearish tone during the first half of the European session, although it lacks strong momentum due to mixed fundamental signals. The US attack on Iran’s nuclear facilities on Sunday increases the risk of a wider conflict in the Middle East and reinforces the US Dollar's (USD) position as the global reserve currency. In addition, the Federal Reserve’s (Fed) hawkish stance is seen as another factor supporting the greenback and putting downward pressure on the non-yielding yellow metal.

personal opinion:!!!

Gold price recovered and continued to accumulate, using extended fibonacci to find selling points to adjust wave 4 on H1 frame

Important price zone to consider : !!!

SELL point: 3375 zone

Sustainable trading to beat the market
Trade active
XAU touch 3382 and BIG drop 3356

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