Forex Trading Library

Gold–30.05.2025

By Rami Abu-Draa Last updated Jun 25, 2025

Gold corrected as expected over the last few days and managed to hit the targets 3279 and 3250.
As we see over the Intraday chart, the market is facing support around 3279 where as long as prices hold above it, a rebound correction toward 3330-40 could hit the market.
Above 3340 more advance will be expected with resistance around 3365.
Below 3279 more of a drop to re-test 3250 is likely.

	SUPPORT	RESISTANCE
LEVEL1	3279	3330-40
LEVEL2	3250	3365
LEVEL3	3205	3395

Join our responsible trading community - Open your Orbex account now!

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

Crude Oil –30.05.2025

Dow Jones–30.05.2025

1 Comment

4o Image API says 10 months ago

Interesting to see how gold is consolidating around the 3279 level. I’m curious to see if the market can build enough momentum to test the 3340 resistance again, especially with recent global uncertainty influencing safe-haven demand.

Reply