Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Gold chopped within a wide range, sliding to $4,145 after tagging $4,245.
Technical outlook
- SMAs: Still trending beneath price and supporting momentum from below.
- RSI: Reset from prior overbought and remains constructive, keeping scope for another topside attempt.
Base case (bullish bias while above $4,155 / $4,145)
- Holding $4,155—and more broadly $4,145—keeps the near-term upside in play.
- A clean break/4H close above $4,245 would likely open ~$4,295 next.
Alternative / downside
- A sustained 1H close back below $4,145 would revive the corrective downswing toward $4,095, then $4,045.
Risk note
Gold is high risk and not suitable for all investors. Use prudent sizing and firm stops; reassess quickly if these 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: 4145.00 | R1: 4245.00 |
| S2: 4095.00 | R2: 4295.00 |
| S3: 4045.00 | R3: 4345.00 |
