6/2 Gold Analysis and Trading Signals

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Good evening, traders!

Gold surged more than $70 today, reaching an intraday high of 3363.
If you held short positions from last Friday’s close based on my plan, I hope your SL protected you from major losses.

📉 Technical Insight:

The rapid rally has triggered overbought signals and correction pressure

Watch for pullback support levels at:

3342

3328–3321 zone

If these hold, price might retest 3400 tomorrow

🎯 Trading Plan:

📉 Sell around 3360–3372 (with tight stop)

📈 Buy near 3328–3318 (if price stabilizes)

🔁 Scalp zones:
3332 / 3338 / 3343 / 3352 / 3366

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