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June 9, 2025

XAU/USD: Gold Rebounds from Key Support Zone, Eyes New Direction Signals

Gold prices have begun to recover from a new one-week low during early European trading. After breaking through critical support at the $3300 zone, gold is facing resistance as it seeks to find new direction in the market. The psychological aspect of the Kijun-sen and daily cloud top provides a crucial backdrop for traders. Observing how gold interacts with these levels will significantly impact trading strategies moving forward. With signs of potential recovery, traders should remain alert for any directional signals that may emerge in the coming sessions.

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