Technically, gold is consolidating between $3,200 and $3,400, with two failed breakouts on either side marking classic fake-outs.

Overall, the bullish Fair Value Gap sitting between $3,250 and $3,285 is still intact unless we visit the next previous low at $3,271.18.

While gold is still in a consolidation phase at the 1-hour timeframe, watch out if it tests either support and/or resistance levels at $3,290 and $3,340 respectively.

Jasper Osita

Jasper Osita

Jun 10 2025

Gold Bullish Structure Still In-Tact Unless $3200 Fails to Hold