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Reading: Gold price falls back and continues to go long for OANDA:XAUUSD by RodneyBridges
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Market Analysis

Gold price falls back and continues to go long for OANDA:XAUUSD by RodneyBridges

Last updated: June 16, 2025 3:55 pm
Published: 9 months ago
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From the 4-hour market analysis, the support below is around 3408-10. The short-term bullish strong dividing line moves up to the 3388-93 level. The daily level stabilizes above this position and continues to maintain the same low-long rhythm. The short position against the trend needs to be cautious. There is a high probability that the short-term will continue to rush up to test the previous high.

Gold falls back to 3408-10 and goes long. Fall back to 3388-95 and add to long position. Stop loss at 3384. Target at 3445-3450. Continue to hold if it breaks.

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Previous Article Gold price falls back and continues to go long for OANDA:XAUUSD by AgnesGreen
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