Home / Analytics / XAUUSD H1: The Price Action Forecast for the Asian Session at 6.11.2025

XAUUSD H1: The Price Action Forecast for the Asian Session at 6.11.2025

During the previous trading session, the price of XAUUSD decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The nearest support level is at the price level of the 3928.68.
The Morning Doji Star pattern has formed here. This pattern consists of a combination of three Japanese candlesticks. The appearance of this pattern on the chart significantly increases the probability of a price reversal.
The nearest significant resistance level is at the 4000.51 mark.
The Bearish Engulfing pattern formed this level. It consists of two Japanese candles: the first candle is located inside the body of the second candle.
Trading recommendations:
Despite the downward dynamics prevail on a higher time-frame, the long position should be prioritized intraday. The latest signal on the chart indicates the prevalence of the upward movement intraday.

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