XAUUSD is moving within the 3295.00 - 3400.00 range

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👀 Possible scenario:

Gold (XAU) rose 0.35% on June 25 as a weaker U.S. dollar and falling Treasury yields boosted demand. Investor sentiment shifted amid concerns over economic softness and potential Fed rate cuts. Safe-haven interest also remained strong due to fragile Middle East ceasefire talks and upcoming U.S.-Iran negotiations. Fed Chair Powell struck a cautious tone on easing, citing inflation risks from tariffs.
On June 26, investors are closely watching key macroeconomic data set for release at 12:30 p.m. UTC, including GDP growth and jobless claims. The results could shape monetary policy expectations and impact gold’s direction.
✅Support and Resistance Levels
Support level is now located at 3,295.00.
Now, the resistance level is located at 3,400.00.

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