Gold prices (XAU/USD) extended their rally to new record highs, building on the bullish trajectory highlighted in the previous report. After decisively breaching the 3,600 resistance, the metal advanced toward successive resistance levels, reaching an intraday high of $3,657 per ounce during today’s morning trade. Technical Outlook – 4-hour timeframe: …
Read More »Market Drivers – US Session – On the Eve of NFP Revision: What’s Next for the US Dollar?
The US dollar continues its recent downward trend, a movement influenced by ongoing analysis of the latest employment figures and growing speculation about potential interest rate cuts by the Federal Reserve. This has left the currency under close watch by market participants. The US Dollar Index (DXY) recently slipped to …
Read More »Gold in the Spotlight: Temporary Profit-Taking or Start of a Reversal? 8/9/2025
Gold prices (XAU/USD) reached a fresh all-time high at $3,600 per ounce before easing into a natural pullback driven by profit-taking. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) has begun to unwind from overbought levels, adding mild pressure on prices. However, the broader structure remains constructive, with …
Read More »Gold Defies Gravity 3/9/2025
Gold prices (XAU/USD) extended their rally to fresh all-time highs, continuing the strong bullish trend and recording a new peak at $3,547 per ounce. Technical Outlook – 4-hour timeframe: The broader trend remains firmly bullish, with price action supported by movement along the ascending trend line and continued stability above …
Read More »Gold Takes Center Stage: What’s Ahead? 2/9/2025
Gold prices (XAU/USD) extended their rally in early trading of the current session, surpassing the previous target at 3,505 and recording a new high at 3,508, reflecting the persistence of strong bullish momentum. Technical Outlook – 4-hour timeframe: The broader trend remains bullish, supported by price action along the ascending …
Read More »Gold Eyes 3400, breakout or pullback 28/8/2025
Gold prices (XAU/USD) extended their gains yesterday, reaching the official target highlighted in the previous technical report at $3,399 per ounce. Technical Outlook – 4-hour timeframe: Intraday movements are currently reflecting a natural corrective pullback due to mild profit-taking. Despite this, prices remain firmly above the 50-period simple moving average, …
Read More »Gold Approaches 3400 — Will It Break Through? 27/8/2025
Gold prices (XAU/USD) posted strong gains in the previous session, achieving the projected technical target at $3,392 and recording a high of $3,393, in line with prior bullish expectations. Technical Outlook – 4-hour timeframe: The metal is trading firmly above the 50-period simple moving average, which continues to support the …
Read More »Gold Recovers Its Drive — Is More Upside Coming? 26/8/2025
Gold prices (XAU/USD) traded in a narrow, sideways-to-negative range, reaching a low of $3,351 per ounce. Technical Outlook – 4-hour timeframe: Prices remain anchored by strong support at $3,355, which serves as a foundation for stability. The 50-period simple moving average is also acting as additional support, improving the chances …
Read More »Gold at a Crossroads: Bullish Reversal or Extended Decline? 22-8-2025
Gold prices attempted a bullish rebound during the previous trading session, but gains remained limited after they hit the pivotal resistance level of 3355, which successfully curbed the upward momentum and stopped the positive thrust. Technical Outlook – 4-Hour Timeframe Intraday movements are trending downward, retesting the support level of …
Read More »50-Day Moving Average Halts Gold’s Rise – 21/08/2025
Gold prices (XAU/USD) saw an upward rebound yesterday, benefiting from touching the 3310 support level to reverse the expected downward trend from the previous report. That report was based on the price remaining stable below the 3340 resistance level, noting that a break of 3340 might open the way for …
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