XAUUSD Analysis 8-May-2025
Volatility is high in the short term for Gold. Technical margins are also quite high at this stage. If 3400 is passed above, 3430 and 3500 can be monitored. As long as it remains above 3200 in the main picture, buying demand may continue to come in declines.
Resistance | 3400 | 3430 | 3500 |
Support | 3300 | 3270 | 3200 |