XAUUSD bearish breakdown is the dominant theme on gold’s 1-hour chart for 24 June 2025. The metal has plunged directly toward the critical 3323 support level as bearish momentum accelerates. This article focuses strictly on technical analysis using RSI, moving average, and MACD to define the primary and alternative scenarios for XAUUSD traders.
Source: cTrader platform
On 24 June 2025, the XAUUSD bearish breakdown is clear: gold trades well below both the 50-period and 200-period moving averages, with every bounce rejected near these key MAs. The 1-hour chart shows relentless selling, as the market targets 3323—now the major support level. Sellers are firmly in control, and if this level breaks, further downside looks likely.
If the RSI drops below 30 and price holds above 3323, watch for a short-covering rally. MACD histogram contraction and failure to break lower could trigger a bounce toward resistance at the 50-period MA (3350) or 200-period MA (3365). This would be a corrective move, not a trend reversal.
In summary, XAUUSD is undergoing a textbook bearish breakdown on 24 June 2025. As long as gold remains below its key moving averages and momentum stays negative, risk favors further downside. Only a strong RSI rebound and MACD cross would challenge this scenario, so traders should focus on price action around 3323 support.
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※Disclaimer: This content is provided for informational purposes only and does not constitute investment advice. Please be sure to conduct your own research.
XAUUSD bearish breakdown as gold tests 3323 support. See technical signals and scenarios for 24 June 2025 using RSI, MA, and MACD.
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