📍 XAUUSD Daily Outlook – June 3, 2025 💰 Gold struggles to hold gains as dollar firms, traders await fresh cues 🔻 Spot Price: $3,355.79 (–0.7%) 📉 Futures: $3,380.40 (–0.5%) After testing a 4-week high, gold is pulling back amid a modest USD rebound and light profit-taking. 🧭 Key Technical Levels 📈 Resistance: $3,380–$3,400 – Strong supply zone; price failed to hold above 📉 Support: $3,340–$3,330 – Watch for dip-buying as USD softens ⚖️ Pivot: $3,355 – Price is consolidating here; battle zone for bulls/bears 🔍 RSI shows mild overbought conditions—possible pause before next move. 🟢 Bullish Drivers * Safe-haven flows on renewed trade war fears * OECD trims global growth forecast (2025–26: 2.9%) * Trump–Xi tension back in headlines * Fed pause supports long-term gold bias 🔴 Bearish Drivers * Profit booking after recent rally * Dollar rebound acts as headwind * Heavy resistance around $3,380 * Caution ahead of Friday's U.S. NFP 📅 Today’s Key Events (IST) 🕡 06:30 PM – 🇺🇸 JOLTS Job Openings (Apr): 7.110M est. 🕢 07:30 PM – 🇺🇸 Fed’s John Williams speaks 🕘 09:00 PM – 🇺🇸 May Auto Sales: Tariff impact in focus 🔔 Watch the $3,355 pivot for intraday direction. A break below $3,330 may open room to $3,300; upside breakout above $3,380 remains key for further rally. #Gold #XAUUSD #TechnicalAnalysis #Fed #Macro #Markets #Trading #Commodities #NFP #DXY #Inflation #Trump #Geopolitics #Economy #RiskSentiment #Traders #Finance