📊 Market Overview:
Gold extended its rally on Monday, October 13, reaching a new all-time high at $4,078/oz before retracing slightly to $4,060. Safe-haven demand driven by escalating US–China trade tensions and global uncertainty continues to support the precious metal. Gold ETFs recorded their strongest inflows in the past three weeks.
🧭 Technical Analysis:
• Main trend: Strong bullish (H1–H4)
• EMA: Price firmly above EMA20–50 cluster → sustained uptrend
• Resistance: $4,080 – $4,095
• Support: $4,050 – $4,032
• Candle pattern: Strong bullish rejection candle near $4,050 (buyers still dominant)
• Momentum: RSI holding above 65, no clear overbought signal yet
💡 Outlook:
Momentum remains solid; gold may retest $4,080–$4,100 soon, especially if the USD weakens during the US session. However, traders should stay cautious around this resistance area due to potential technical pullbacks.
🔺 BUY XAU/USD
Entry: $4,057 – $4,060
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $4,054
Gold extended its rally on Monday, October 13, reaching a new all-time high at $4,078/oz before retracing slightly to $4,060. Safe-haven demand driven by escalating US–China trade tensions and global uncertainty continues to support the precious metal. Gold ETFs recorded their strongest inflows in the past three weeks.
🧭 Technical Analysis:
• Main trend: Strong bullish (H1–H4)
• EMA: Price firmly above EMA20–50 cluster → sustained uptrend
• Resistance: $4,080 – $4,095
• Support: $4,050 – $4,032
• Candle pattern: Strong bullish rejection candle near $4,050 (buyers still dominant)
• Momentum: RSI holding above 65, no clear overbought signal yet
💡 Outlook:
Momentum remains solid; gold may retest $4,080–$4,100 soon, especially if the USD weakens during the US session. However, traders should stay cautious around this resistance area due to potential technical pullbacks.
🔺 BUY XAU/USD
Entry: $4,057 – $4,060
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $4,054
Transaction en cours
Gold is currently sideways around $4066 after hitting the $4078 peak — the market seems to be consolidating before the next move, with a potential breakout likely during the US session if volume picks up.Trade fermée: cible de profit atteinte
Gold is retesting the $4078 peak — a clear breakout could push it toward the $4090–$4100 zone
📊 Forex | Gold | Crypto Market Insights
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
📊 Forex | Gold | Crypto Market Insights
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.