Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Gold extended higher after clearing $4,090, printing a $4,149 high.
Technical outlook
- SMAs: Trending beneath price and supporting momentum from below.
- RSI: Back to constructive readings after resetting from prior overbought—consistent with a minor bullish wave.
Base case (bullish while above $4,087)
- Holding $4,087 keeps the upside favored.
- A decisive hold above $4,140 (and acceptance north of the $4,149 spike) would likely open ~$4,170.
Alternative / downside
- A sustained 1H close back below $4,087 would revive the corrective downswing toward $4,065, then $4,035.
Risk note
Gold is high risk and not suitable for all investors. Use prudent sizing and hard stops; reassess quickly if the key levels give way amid trade/geopolitical headlines.
Risk Disclaimer: Trading CFDs involves risks, and therefore all scenarios may be plausible. The content above is not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.
| S1: 4087.00 | R1: 4140.00 |
| S2: 4065.00 | R2: 4170.00 |
| S3: 4035.00 | R3: 4191.00 |
