After a sharp decline earlier this month, gold is showing signs of stabilization and attempting to rebuild bullish momentum. The recent recovery from local lows has allowed buyers to reclaim several important levels, suggesting that the corrective phase may be losing strength. With ongoing geopolitical uncertainty and expectations surrounding central bank policy, XAUUSD remains one of the most closely watched assets in global markets.
From a fundamental perspective, gold continues to benefit from its status as a defensive asset during periods of uncertainty. Market participants remain focused on inflation trends, upcoming economic data, and expectations regarding future interest rate decisions. Any shift in monetary policy expectations or deterioration in risk sentiment could quickly influence the next move in precious metals.
From a technical standpoint, this analysis is based on the 1-hour timeframe. Following the selloff toward the 4,026 area, gold formed a local bottom and began developing a sequence of higher lows within a rising structure. Price has reclaimed the 0.705–0.79 Fibonacci retracement zone and is currently consolidating around 4,218, indicating that buyers continue to defend the recovery.
As long as the market remains above the 4,180–4,200 support region, the bullish scenario remains valid. The first upside objective is located near 4,286, which represents the recent swing resistance. A successful breakout above that level could pave the way toward the 4,371 area. Should momentum continue to strengthen, the next major target sits near 4,462, where a higher timeframe supply zone may attract renewed selling pressure.
The alternative scenario becomes relevant if gold loses the 4,180 support region and closes below it. Such a move would increase the probability of another test of lower levels and postpone the bullish continuation scenario. Therefore, this area remains the key level for risk management.
In my view, gold is approaching an important decision point. Buyers have managed to recover from the recent decline and regain short-term control, but they still need to prove their strength by breaking through overhead resistance. The reaction around the highlighted levels should determine whether this rebound evolves into a larger trend continuation.
This publication reflects my personal opinion and should not be considered investment advice.
From a fundamental perspective, gold continues to benefit from its status as a defensive asset during periods of uncertainty. Market participants remain focused on inflation trends, upcoming economic data, and expectations regarding future interest rate decisions. Any shift in monetary policy expectations or deterioration in risk sentiment could quickly influence the next move in precious metals.
From a technical standpoint, this analysis is based on the 1-hour timeframe. Following the selloff toward the 4,026 area, gold formed a local bottom and began developing a sequence of higher lows within a rising structure. Price has reclaimed the 0.705–0.79 Fibonacci retracement zone and is currently consolidating around 4,218, indicating that buyers continue to defend the recovery.
As long as the market remains above the 4,180–4,200 support region, the bullish scenario remains valid. The first upside objective is located near 4,286, which represents the recent swing resistance. A successful breakout above that level could pave the way toward the 4,371 area. Should momentum continue to strengthen, the next major target sits near 4,462, where a higher timeframe supply zone may attract renewed selling pressure.
The alternative scenario becomes relevant if gold loses the 4,180 support region and closes below it. Such a move would increase the probability of another test of lower levels and postpone the bullish continuation scenario. Therefore, this area remains the key level for risk management.
In my view, gold is approaching an important decision point. Buyers have managed to recover from the recent decline and regain short-term control, but they still need to prove their strength by breaking through overhead resistance. The reaction around the highlighted levels should determine whether this rebound evolves into a larger trend continuation.
This publication reflects my personal opinion and should not be considered investment advice.
📊 Trader | Analysis & Trade Ideas
📲 Telegram → t.me/totoshkatradingteam
FxPro → direct.cis-fxpro.trade/ru/partner/SwHtc7m3?platform=web
AMarkets → profit-market.info/promo/?g=BZA6ZC
📲 Telegram → t.me/totoshkatradingteam
FxPro → direct.cis-fxpro.trade/ru/partner/SwHtc7m3?platform=web
AMarkets → profit-market.info/promo/?g=BZA6ZC
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.
📊 Trader | Analysis & Trade Ideas
📲 Telegram → t.me/totoshkatradingteam
FxPro → direct.cis-fxpro.trade/ru/partner/SwHtc7m3?platform=web
AMarkets → profit-market.info/promo/?g=BZA6ZC
📲 Telegram → t.me/totoshkatradingteam
FxPro → direct.cis-fxpro.trade/ru/partner/SwHtc7m3?platform=web
AMarkets → profit-market.info/promo/?g=BZA6ZC
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.