Gold prices (XAU\/USD) traded in a narrow, sideways-to-negative range, reaching a low of $3,351 per ounce.<\/p>\n\n\n\n
Technical Outlook \u2013 4-hour timeframe:<\/strong><\/p>\n\n\n\n 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 of a potential rebound. Meanwhile, the Relative Strength Index (RSI) has exited overbought conditions, creating room for renewed upside movement.<\/p>\n\n\n\n Likely Scenario:<\/strong><\/p>\n\n\n\n As long as trading holds above the 3,355 support level, the bias remains upward, with 3,385 as the first resistance, followed by 3,392 as the next target. A break above this zone would strengthen bullish momentum and could drive prices toward 3,406. Conversely, a confirmed break below 3,355 and sustained pressure to the downside would reintroduce selling, paving the way for a retest of 3,336 and then 3,322 as subsequent support levels before any potential rebound.<\/p>\n\n\n\n Warning:<\/strong> Risks remain elevated amid ongoing trade and geopolitical tensions, and all scenarios should be considered.<\/p>\n\n\n\n Risk Disclaimer:<\/strong> 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. Gold prices (XAU\/USD) traded in a narrow, sideways-to-negative range, reaching a low of $3,351 per ounce. Technical Outlook \u2013 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 of a potential rebound. Meanwhile, …<\/p>\n","protected":false},"author":9,"featured_media":118076,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7770,6874],"class_list":["post-118069","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-fomc-minutes","tag-gold"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118069"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118069\/revisions"}],"predecessor-version":[{"id":118077,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118069\/revisions\/118077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/118076"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/p>\n\n\n\nS1:\u00a03357.00<\/strong><\/td> R1:\u00a03392.00<\/strong><\/td><\/tr> S2:\u00a03336.00 <\/strong><\/td> R2:\u00a03406.00<\/strong><\/td><\/tr> S3:\u00a03322.00<\/strong><\/td> R3:\u00a03427.00<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"