XAUUSD / GOLD – 1H Breakout Projection | 18.08.2026
Gold is currently trading inside a consolidation range, with price trapped between a major support and resistance zone. The chart suggests waiting for a confirmed breakout before taking directional positions.
Key Levels
🔴 Resistance: 4401 – 4405
🟢 Support: 4388 – 4390
🎯 Upside Target / R1: 4434 – 4435
🎯 Downside Target: 4360
Gold is currently trading inside a consolidation range, with price trapped between a major support and resistance zone. The chart suggests waiting for a confirmed breakout before taking directional positions.
Key Levels
🔴 Resistance: 4401 – 4405
🟢 Support: 4388 – 4390
🎯 Upside Target / R1: 4434 – 4435
🎯 Downside Target: 4360
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.