XAUUSD Analysis 6-May-2025
We are watching sharp increases in Gold. At this stage, technical margins are quite high. As long as it stays above 3270 for short and 3200/3150 for wide, the direction will be upwards. Possible declines may provide a buying opportunity. If 3380 is exceeded above, the increases will strengthen.
Resistance | 3380 | 3450 | 3500 |
Support | 3270 | 3200 | 3150 |