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Gold continues to maintain a robust upward structure, with higher highs and higher lows. The recent break above the 4,200 USD level further confirms the bullish trend, indicating that buyers are still firmly controlling the market rhythm. Notably, a series of FVGs (Fair Value Gaps) appear consistently below, showing that proactive buying is absorbing most corrective moves.
1. Technical perspective: Uptrend remains dominant
Gold formed a higher low around 4,120 – 4,140 and broke through the 4,200 barrier, which had held for nearly 10 days. FVGs at 4,165, 4,120 – 4,135, and 4,080 – 4,100 serve as potential retracement zones where the market may revisit to regain bullish momentum. Volume Profile also shows heavy activity around 4,150 – 4,170, suggesting a pause before the next leg upward.
2. Forecast for gold’s next move
The bullish structure remains clear. Therefore, a mild pullback before further ascent is the dominant scenario. From the 4,215 zone, gold may retreat to 4,180 – 4,165 to form a base, then rally towards 4,240 – 4,260. If buying remains strong, further targets could reach 4,300 – 4,320.
An immediate surge is also possible, particularly if the USD weakens or macro news supports it. In such a case, gold could push directly to 4,240 – 4,250, though this type of rally is usually prone to quick profit-taking.
3. News perspective: The market supporting gold
At the US close, gold eased slightly to 4,159 USD/oz—a healthy cooling after a strong rally. Meanwhile, Morgan Stanley continues to target 4,500 USD in 2026, supported by the strongest ETF inflows since 2020, net purchases from central banks, and expectations of lower interest rates—all reinforcing the long-term uptrend.
However, short-term risks remain, such as rising real rates or a USD rebound. These could create pressure, but overall, the trend still favours buyers.
Gold continues to maintain a robust upward structure, with higher highs and higher lows. The recent break above the 4,200 USD level further confirms the bullish trend, indicating that buyers are still firmly controlling the market rhythm. Notably, a series of FVGs (Fair Value Gaps) appear consistently below, showing that proactive buying is absorbing most corrective moves.
1. Technical perspective: Uptrend remains dominant
Gold formed a higher low around 4,120 – 4,140 and broke through the 4,200 barrier, which had held for nearly 10 days. FVGs at 4,165, 4,120 – 4,135, and 4,080 – 4,100 serve as potential retracement zones where the market may revisit to regain bullish momentum. Volume Profile also shows heavy activity around 4,150 – 4,170, suggesting a pause before the next leg upward.
2. Forecast for gold’s next move
The bullish structure remains clear. Therefore, a mild pullback before further ascent is the dominant scenario. From the 4,215 zone, gold may retreat to 4,180 – 4,165 to form a base, then rally towards 4,240 – 4,260. If buying remains strong, further targets could reach 4,300 – 4,320.
An immediate surge is also possible, particularly if the USD weakens or macro news supports it. In such a case, gold could push directly to 4,240 – 4,250, though this type of rally is usually prone to quick profit-taking.
3. News perspective: The market supporting gold
At the US close, gold eased slightly to 4,159 USD/oz—a healthy cooling after a strong rally. Meanwhile, Morgan Stanley continues to target 4,500 USD in 2026, supported by the strongest ETF inflows since 2020, net purchases from central banks, and expectations of lower interest rates—all reinforcing the long-term uptrend.
However, short-term risks remain, such as rising real rates or a USD rebound. These could create pressure, but overall, the trend still favours buyers.
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.