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Reading: Gold may continue to rebound to 3350-3360 for OANDA:XAUUSD by Steffen_Schade
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Trading Strategies

Gold may continue to rebound to 3350-3360 for OANDA:XAUUSD by Steffen_Schade

Last updated: June 26, 2025 1:50 am
Published: 8 months ago
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If gold can stand above 3330 today, it will stimulate long trading behavior to a certain extent, especially the self-rescue behavior of trapped longs. Gold may continue to rebound and is expected to reach the 3345-3355 area. So there is no need to risk shorting gold near 3330 for the time being; although gold may continue to rebound, it is still under pressure in the 3350-3360-3370 area; and gold is still weak overall, so we can consider shorting gold in the 3350-3360 area and look at the target area of 3325-3315.

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