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**🚨 GOLD ($XAUUSD ) UPDATE - June 2026**
Gold is holding strong above **$4,340** right now at **$4,346.98** (+0.42%) on the daily chart.
**Key levels today:**
- **High:** $4,347.31
- **Low:** $4,310.33
- **Open:** $4,326.33
After a strong run earlier in the year, price has been consolidating in a broader downtrend since the March highs near $5,597, but it's showing some resilience on the 4H timeframe with buyers stepping in around the $4,310 support zone.
**Technical notes:**
- MA5/MA10/MA30 still bearish but price is trading near recent lows
- MACD remains negative but showing signs of potential divergence
Is this the bottom for gold or are we heading lower toward $4,000? What are your targets?
DYOR!
#Gold #XAUUSD #Trading #Commodities