XAUUSD H1: The Ichimoku Forecast for the European Session at 6.2.2025

During previous trading sessions, the intersection of the Tenkan and Kijun lines, marked with a pink square, was observed on the XAUUSD chart. This signal indicates a potential change in the downward trend.
The current situation
Let's carefully look at the current values of the main components of the Ichimoku indicator to assess the current state of the market:
The Tenkan and the Kijun lines are positioned above the current price. It indicates a negative market sentiment in the moment.
The dynamics of price movement over a longer distance is determined by the Kumo cloud, which is now colored orange. Thus, this signal prioritizes the upward vector of price movement in the future.
Currently, the Kumo cloud lines represent a dynamic support area for price.
The Chikou line, which displays the closing price with a lag of 26 periods, is above the current price.
Trading recommendations:

Dynamic support levels are on the SenkouA line, at the level of the 2838.771, and the SenkouB line, around the 2813.230.
Dynamic resistance levels are on the Tenkan line, around the 2865.620 mark, and the Kijun line, around the 2866.970 mark.