Forex Trading Library

Gold–09.06.2025

By Rami Abu-Draa Last updated Jun 25, 2025

Gold managed to fell below 3325 support last week which may push for farther drop to test 3250-70 support zone as we advised before

As we see over the Intraday chart, market facing resistance zone around 3326-36 where as long as market holding trades below it the downtrend pressure still affecting market

Above 3336 more advance toward 3370-75 zone may hit the market

	SUPPORT	RESISTANCE
LEVEL1	3295	3326-36
LEVEL2	3275	3370-75
LEVEL3	3250	3400

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Gold

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.

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1 Comment

4o Image API says 9 months ago

Appreciate the breakdown. Given the repeated tests of the 3325 support and now the focus on 3250-70, do you expect the next major move to be a deeper correction or more of a consolidation phase?

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