This technical analysis of XAUUSD offers key insights for gold traders. Using MA50, MA200, RSI, and MACD, the June 5, 2025 1-hour chart highlights important short-term trading signals.
The 50-period Moving Average (MA50) serves as dynamic support beneath current XAUUSD price action, suggesting short-term momentum remains positive if price holds above MA50.
MA200 sits below the current price on the 1-hour chart, reinforcing XAUUSD's bullish bias. If the price pulls back to MA200, buyers may step in to maintain the uptrend.
The RSI stays between 55 and 60, signaling a neutral-to-bullish outlook. While readings above 70 would point to overbought conditions, the current range indicates sustainable momentum for XAUUSD.
The MACD histogram remains above the signal line, confirming recent bullish sentiment. If MACD momentum weakens or crosses below the signal line, it may indicate a potential trend change.
Resistance: $3,390 remains a ceiling for recent upward moves. Support: MA50 (near $3,360) and MA200 (around $3,330) act as critical levels. Staying above MA50 supports the bullish scenario; a break below could trigger a move toward MA200.
Based on this 1-hour chart analysis, traders might consider buying on pullbacks to MA50, placing stops just below it. A breakout above $3,390 may open the path to $3,400. If XAUUSD falls below MA50, look for support at MA200.
Source: cTrader platform
XAUUSD retains a bullish structure while price remains above MA50 and MA200. Traders should watch for any changes in RSI and MACD, which could signal the next market move. Always use sound risk management and adjust strategies as new signals develop. Stay tuned for the latest updates right here on FIXIO Blog. ※Disclaimer: This content is provided for informational purposes only and does not constitute investment advice. Please be sure to conduct your own research. Back to FIXIO Blog List
XAUUSD 1-hour chart analysis for June 5, 2025. Discover how MA50, MA200, RSI, and MACD guide the gold trend on the 1-hour timeframe.
Superior trade execution & trading conditions with the NDD method.
The online FX industry provides a platform for investors worldwide to engage in the buying and selling.
Subscribe to our daily newsletter and get the best forex trading information and markets status updates
Trade within minutes!
Comment (0)