# xua

XAU Gold Market Analysis 2026.06.11
The major level of gold is shown in Chart 1. The decline starting from 5600 is a correction of the entire upward move in Chart 1. After finding the correction endpoint, it will continue to reach new highs. However, it is important to be cautious because this correction level is large, belonging to the weekly timeframe.
The daily structure division is shown in Chart 2. As previously mentioned, once 4268 is broken, the rebound may have already ended at 4891, and the movement starting from 4891 is a new decline. Last night’s break below 4100 also confirmed this