Bears up 3366 , waiting for GDP ! XAUUSD

93
Plan XAU day: 26 June 2025

Related Information:!!!

Gold price (XAU/USD) attracts some buyers for the second consecutive day on Thursday and maintains its positive momentum during the first half of the European session. The US Dollar (USD) continues to face strong selling pressure amid reports that US President Donald Trump is considering replacing Federal Reserve (Fed) Chair Jerome Powell, raising concerns about the central bank’s future independence. Additionally, growing expectations that the Fed may resume its rate-cutting cycle as early as July have pushed the USD to a more than three-year low, which supports demand for the non-yielding yellow metal.

personal opinion:!!!

European session buying pressure helped gold price successfully break 3340, continuing the upward trend 3366

Important price zone to consider : !!!

SELL point: 3367 zone

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