Gold Price Forecast – June 4, 2025
Gold (XAU/USD) is currently trading near the crucial intraday support zone of $3346.00, a level that may define the next directional move for the yellow metal. With market participants weighing global macro data and USD sentiment, today’s technical setup warrants attention.
🔹 Pivot Point: $3346.00
✅ Preferred Scenario: Bullish Continuation Above $3346.00
- Entry: Buy above $3346.00
- Targets: $3379.00 (initial), $3392.00 (extended)
- Technical Rationale:
The gold market may regain momentum if price action sustains above the $3346 support. A move higher would indicate renewed buying interest, potentially driven by softening dollar dynamics or risk-off flows in global markets. - Momentum Check:
RSI shows a mixed bias, requiring confirmation from price structure or volume surge. A bullish candle formation or breakout above recent highs may support the long setup.
❌ Alternative Scenario: Bearish Breakdown Below $3346.00
- Entry: Sell below $3346.00
- Targets: $3333.00 (initial), $3316.00 (extended)
- Bearish Insight:
A confirmed breach below $3346 could trigger a quick drop toward deeper support levels. Watch for negative catalysts like a stronger U.S. dollar or rising Treasury yields.
Technical Snapshot – June 4, 2025
| Indicator | Signal |
|---|---|
| Pivot | $3346.00 |
| RSI | Mixed – lacks clear direction |
| Trend Bias | Cautiously Bullish |
| Volume | Neutral – confirmation needed |
| Resistance Zones | $3379.00, $3392.00 |
| Support Zones | $3333.00, $3316.00 |
Key Trading Tips for June 4, 2025
- 🛡️ Stop-loss positioning: Use tight stops below or above the pivot to manage risk.
- 🧭 Confirm breakouts: Wait for confirmation with volume and candle patterns.
- 🌐 Watch catalysts: U.S. economic data, geopolitical headlines, and Fed commentary may influence XAU/USD volatility.
- ⚠️ Avoid emotional trades: Let the price action guide decisions, especially around the pivot.
Frequently Asked Questions (FAQs)
📌 What is the key pivot point for gold today?
The key intraday pivot is $3346.00. This level is crucial for defining bullish or bearish bias.
📌 Is gold likely to rise or fall on June 4, 2025?
Gold could rise if it holds above $3346 and targets $3379 or $3392. A drop below $3346 may lead to weakness toward $3333 or lower.
📌 How reliable is the RSI in this analysis?
RSI is currently showing mixed signals, so it should be used alongside price action and volume for confirmation.
📌 What are the main resistance levels for gold?
Today’s key resistance levels are $3379.00 and $3392.00.
📌 Should I trade gold during mixed RSI?
Mixed RSI indicates caution. Wait for a breakout or reversal confirmation before entering a position.
Disclaimer:
This article is intended for informational and educational purposes only and does not constitute financial or investment advice. Trading gold and other financial instruments involves significant risk and may not be suitable for all investors. Always conduct your own analysis or consult a certified financial advisor before making trading decisions. Past performance is not indicative of future results.
