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mayanb
GOLD WEEKLY OUTLOOK (week commencing 01/June/2026)
in
Experienced Traders
Jun 01 at 08:56
Gold continues to respect the broader bearish structure after facing strong rejection from the major descending trendline resistance near **4580–4600**. This area has once again proven to be a significant supply zone, preventing buyers from gaining control and keeping the market under pressure. From a technical perspective, gold remains trapped below key trendline resistance, while recent price action suggests the market is attempting to build a short-term base above the **4330–4350 liquidity zone**. Holding this area could trigger corrective rebounds, but the broader trend remains...
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