Trading Signals for GOLD (XAU/USD) for June 5-9, 2025: sell below $3,387 (21 SMA – 7/8 Murray) – Forecasts – 5 June 2025

Trading Signals for GOLD (XAU/USD) for June 5-9, 2025: sell below $3,387 (21 SMA - 7/8 Murray) - Forecasts - 5 June 2025

Early in the European session, gold traded around 3,372, showing signs of exhaustion after reaching the weekly high of 3,387. We could expect a technical correction to occur in the coming hours toward the 21SMA or the 7/8 Murray EMA at 3,355. If the bearish momentum is maintained, gold could continue its decline. To do … Read more