Gold is on tenterhook, a struggle between rise and fall! 8/12/2025

Gold (XAU/USD) continued to show mixed, indecisive movements, fluctuating between upward and downward attempts without establishing a clear short-term trend, as traders remained cautious and hesitant.

Technical Outlook – 4-Hour Timeframe:

Trading below the key resistance level at 4245 keeps the bearish scenario valid, supported by clear negative signals from the Relative Strength Index (RSI), which indicates weakening bullish momentum.

However, the 50-day simple moving average continues to act as dynamic support, preserving the possibility of a rebound.

Given the conflicting technical signals, we prefer to monitor price action to determine one of the following scenarios:

A confirmed break above 4247 with an hourly candle close may open the door for a move toward the initial resistance zone at 4286.

Failure to break above 4247, coupled with a return to trading below 4180, could trigger direct downside pressure toward 4160 initially, with potential extension to 4115.

Caution: Gold trading involves a relatively high level of risk and may not be suitable for all investors. The risk level remains high amid ongoing trade and geopolitical tensions, and all scenarios are possible.

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: 4180.00	R1: 4247.00
S2: 4152.00	R2: 4286.00
S3: 4113.00	R3: 4314.00